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Consolidated Financial Statements for Bank Holding Companies

VIEWS: 29 PAGES: 528

									Board of Governors of the Federal Reserve System




Instructions for Preparation of

Consolidated Financial Statements for
Bank Holding Companies

Reporting Form FR Y–9C

Reissued March 2007
Contents for
Y-9C Instructions




Organization of the Instruction Book                          tions and scope of the various items, the General Instruc-
                                                              tions, the line item instructions, and the Glossary (all of
The instruction book is divided into three sections:          which are extensively cross-referenced) must be used
(1) The General Instructions describing overall report-       jointly. A single section does not necessarily give the
    ing requirements.                                         complete instructions for completing all the items of the
                                                              reports. The instructions and definitions in section (2) are
(2) The Line Item Instructions for each schedule of
                                                              not necessarily self-contained; reference to more detailed
    the report for the consolidated bank holding com-
                                                              treatments in the Glossary may be needed. However, the
    pany.
                                                              Glossary is not, and is not intended to be, a com-
(3) The Glossary presenting, in alphabetical order, defi-      prehensive discussion of accounting principles or
    nitions and discussions of accounting treatments          reporting.
    under generally accepted accounting principles
    (GAAP) and other topics that require more extensive       Additional copies of this instruction book may be obtained
    treatment than is practical to include in the line item   from the Federal Reserve Bank in the district where the
    instructions or that are relevant to several line items   reporting bank holding company submits its FR Y-9C
    or to the overall preparation of these reports.           reports, or may be found on the Federal Reserve Board’s
In determining the required treatment of particular trans-    public website (www.federalreserve.gov).
actions or portfolio items or in determining the defini-




FR Y-9C                                                                                                       Contents-1
Contents March 2007
Contents



GENERAL INSTRUCTIONS FOR PREPARATION OF FINANCIAL STATEMENTS
FOR BANK HOLDING COMPANIES
Who Must Report . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .             GEN-1
A. Reporting Criteria . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .             GEN-1
B. Exemptions from Reporting the Bank Holding Company Statements . . . . . . . . . . . . . . . . .                                                                    GEN-2
C. Shifts in Reporting Status . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                     GEN-2

Where to Submit the Reports . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                       GEN-2

When to Submit the Reports . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                        GEN-2

How to Prepare the Reports . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                      GEN-3
A. Applicability of GAAP, Consolidation Rules and SEC Consistency . . . . . . . . . . . . . . . . . .                                                                 GEN-3
   Scope of the ‘‘consolidated bank holding company’’ to be reported in the
      submitted reports . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .               GEN-3
   Rules of consolidation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                   GEN-3
   Reporting by type of office (for bank holding companies with foreign offices) . . . . . . . .                                                                      GEN-4
   Exclusions from coverage of the consolidated report . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                                                GEN-4
B. Report Form Captions, Non-applicable Items and Instructional Detail . . . . . . . . . . . . . . . .                                                                GEN-4
C. Rounding . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .       GEN-5
D. Negative Entries . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .             GEN-5
E. Confidentiality . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .           GEN-6
F. Verification and Signatures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                     GEN-6
G. Amended Reports . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                GEN-7




Contents-2                                                                                                                                                             FR Y-9C
                                                                                                                                                           Contents   June 2009
Contents



LINE ITEM INSTRUCTIONS FOR THE CONSOLIDATED FINANCIAL STATEMENTS
FOR BANK HOLDING COMPANIES
Schedule HI—Consolidated Income Statement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .       HI-1
Schedule HI-A—Changes in Equity Capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . HI-A-1
Schedule HI-B—Charge-Offs and Recoveries on Loans and Leases and Changes
         in Allowance for Loan and Lease Losses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .       HI-B-1
                 -
Notes to the Income Statement—Predecessor Financial Items . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ISnotes-P-1
Notes to the Income Statement—Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ISnotes-1
Schedule HC—Consolidated Balance Sheet . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                     HC-1
Schedule HC-B—Securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .   HC-B-1
Schedule HC-C—Loans and Lease Financing Receivables . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                                  HC-C-1
Schedule HC-D—Trading Assets and Liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                       HC-D-1
Schedule HC-E—Deposit Liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .          HC-E-1
Schedule HC-F—Other Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .       HC-F-1
Schedule HC-G—Other Liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .          HC-G-1
Schedule HC-H—Interest Sensitivity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .           HC-H-1
Schedule HC-I—Insurance-Related Underwriting Activities (Including Reinsurance) . . . . . .                                                           HC-I-1
Schedule HC-K—Quarterly Averages . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .             HC-K-1
Schedule HC-L—Derivatives and Off-Balance Sheet Items . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                                  HC-L-1
Schedule HC-M—Memoranda . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .          HC-M-1
Schedule HC-N—Past Due and Nonaccrual Loans, Leases, and Other Assets . . . . . . . . . . . . . .                                                    HC-N-1
Schedule HC-P—Closed-End 1-4 Family Residential Mortage Banking Activities. . . . . . . . . .                                                        HC-P-1
Schedule HC-Q—Financial Assets and Liabilities Measured at Fair Value . . . . . . . . . . . . . . . . .                                              HC-Q-1
Schedule HC-R—Regulatory Capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .             HC-R-1
Schedule HC-S—Servicing, Securitization, and Asset Sale Activities . . . . . . . . . . . . . . . . . . . . .                                         HC-S-1
Schedule HC-V—Variable Interest Entities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                 HC-S-1
                -
Notes to the Balance Sheet—Predecessor Financial Items . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . BSnotes-P-1
Notes to the Balance Sheet—Other. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . BSnotes-1




FR Y-9C                                                                                                                                              Contents-3
Contents March 2011
Contents



GLOSSARY
Acceptances . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .         GL- 1
Accounting Changes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                  GL- 1
Accounting Errors, Corrections of . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                             GL- 3
Accounting Estimates, Changes in . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                              GL- 3
Accounting Principles, Changes in . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                               GL- 3
Accrued Interest Receivable Related to Credit Card Securitizations . . . . . . . . . . . . . . . . . . . . . . .                                                            GL- 3
Acquisition, Development, or Construction (ADC) Arrangements . . . . . . . . . . . . . . . . . . . . . . . . .                                                              GL- 4
Agreement Corporation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                     GL- 4
Allowance for Loan and Lease Losses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                                   GL- 4
Applicable Income Taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                       GL- 6
Associated Company . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                    GL- 6
ATS Account . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .           GL- 6
Bankers’ Acceptances . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                  GL- 6
Bank-Owned Life Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                         GL- 8
Banks, U.S. and Foreign . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                     GL- 9
Bill-of-Lading Draft . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                GL-11
Borrowings and Deposits in Foreign Offices . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                                        GL-11
Brokered Deposits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .               GL-11
Brokered Retail Deposits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                    GL-11
Broker’s Security Draft . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                   GL-12
Business Combinations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                     GL-12
Call Option . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .       GL-14
Capitalization of Interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                  GL-14
Carrybacks and Carryforwards . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                            GL-15
Certificate of Deposit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                 GL-15
Changes in Accounting Estimates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                               GL-15
Changes in Accounting Principles . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                              GL-15
Commercial Banks in the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                          GL-15
Commercial Letter of Credit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                         GL-15
Commercial Paper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                GL-15
Commodity or Bill-of-Lading Draft . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                                 GL-15
Common Stock of Unconsolidated Subsidiaries, Investments in . . . . . . . . . . . . . . . . . . . . . . . . . . .                                                           GL-15
Continuing Contract . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                 GL-15
Contractholder . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .          GL-15
Corporate Joint Venture . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                   GL-15
Corrections of Accounting Errors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                            GL-15

Contents-4                                                                                                                                                                   FR Y-9C
                                                                                                                                                                 Contents   June 2011
Contents



Coupon Stripping, Treasury Receipts, and STRIPS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                                                   GL-15
Custody Account . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                   GL-16
Dealer Reserve Account . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                          GL-16
Deferred Compensation Agreements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                                      GL-16
Deferred Income Taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                         GL-18
Demand Deposits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                   GL-18
Depository Institutions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                     GL-18
Deposits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .        GL-18
Derivative Contracts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                    GL-24
Discounts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .           GL-29
Dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .           GL-29
Domestic Office . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                 GL-30
Domicile . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .          GL-30
Due Bills . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .         GL-30
Edge and Agreement Corporation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                                    GL-30
Equity-Indexed Certificates of Deposit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                                     GL-31
Equity Method of Accounting . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                               GL-32
Extinguishments of Liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                            GL-33
Extraordinary Items . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                   GL-33
Fails . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .     GL-34
Fair Value . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .          GL-34
Federal Funds Transactions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                            GL-35
Federally-Sponsored Lending Agency . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                                        GL-35
Fees, Loan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .            GL-35
Foreclosed Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                 GL-35
Foreign Banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .               GL-38
Foreign Central Banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                       GL-38
Foreign Currency Transactions and Translation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                                               GL-38
Foreign Debt Exchange Transactions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                                      GL-39
Foreign Governments and Official Institutions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                                             GL-40
Foreign Office . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .              GL-40
Forward Contract . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                  GL-40
Functional Currency . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                     GL-40
Futures, Forward, and Standby Contracts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                                         GL-40
Goodwill . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .          GL-41
Hypothecated Deposit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                      GL-41
IBF . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .     GL-41
Income Taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .              GL-41

FR Y-9C                                                                                                                                                                       Contents-5
Contents June 2011
Contents



Insurance Commissions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                          GL-46
Insurance Premiums . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                       GL-46
Insurance Underwriting . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                         GL-47
Intangible Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                  GL-47
Interest-Bearing Account . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                         GL-47
Interest Capitalization . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                    GL-47
Internal-Use Computer Software . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                                   GL-47
International Banking Facility (IBF) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                                   GL-48
Investments in Common Stock of Unconsolidated Subsidiaries . . . . . . . . . . . . . . . . . . . . . . . . . . .                                                                 GL-49
Joint Venture . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .              GL-49
Lease Accounting . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                   GL-49
Letter of Credit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .               GL-50
Limited-Life Preferred Stock . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                             GL-51
Loan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .       GL-51
Loan Fees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .            GL-52
Loan Impairment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                    GL-54
Loans Secured By Real Estate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                               GL-55
Loss Contingencies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                     GL-56
Mandatory Convertible Debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                               GL-57
Market (Fair)Value of Securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                               GL-57
Mergers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .          GL-57
Money Market Deposit Account (MMDA) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                                                GL-57
Mortgages, Residential, Participations in Pools of . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                                               GL-57
NOW Account . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                  GL-57
Nonaccrual Status . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                  GL-57
Noninterest-Bearing Account . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                              GL-60
Nontransaction Account . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                         GL-60
Notes and Debentures Subordinated to Deposits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                                                GL-60
Offsetting . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .           GL-60
One-Day Transaction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                        GL-60
Option . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .         GL-60
Organization Costs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                     GL-60
Other Real Estate Owned . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                          GL-60
Overdraft . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .          GL-60
Participations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .             GL-61
Participations in Acceptances . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                              GL-61
Participations in Pools of Securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                                  GL-61
Pass-through Reserve Balances . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                                GL-61

Contents-6                                                                                                                                                                        FR Y-9C
                                                                                                                                                                      Contents   June 2011
Contents



Perpetual Debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .           GL-61
Perpetual Preferred Stock . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                      GL-62
Policyholder . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .         GL-62
Pooling of Interests . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .               GL-62
Pools of Residential Mortgages, Participations in . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                                          GL-62
Pools of Securities, Participations in . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                             GL-62
Preauthorized Transfer Account . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                             GL-62
Preferred Stock . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .            GL-62
Premiums and Discounts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                       GL-62
Purchase Acquisition . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                   GL-63
Purchased Impaired Loans and Debt Securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                                           GL-63
Put Option . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .         GL-64
Real Estate, Loan Secured by . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                           GL-64
Reciprocal Balances . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                  GL-64
Reinsurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .          GL-64
Reinsurance Recoverables . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                       GL-64
Renegotiated ‘‘Troubled’’ Debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                           GL-64
Reorganizations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .              GL-64
Repurchase Agreements to Maturity and Long-Term Repurchase Agreements . . . . . . . . . . . . .                                                                              GL-64
Repurchase/Resale Agreements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                               GL-64
Reserve Balances, Pass-through . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                             GL-66
Sales of Assets for Risk-Based Capital Purposes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                                            GL-66
Savings Deposits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .               GL-69
Securities Activities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .              GL-69
Securities Borrowing/Lending Transactions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                                        GL-71
Securities, Participations in Pools of . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                             GL-72
Separate Accounts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                GL-72
Servicing Assets and Liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                           GL-72
Settlement Date Accounting . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                         GL-74
Shell Branches . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .             GL-74
Short Position . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .           GL-74
Standby Contract . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .               GL-74
Standby Letter of Credit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                     GL-74
Start-Up Activities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .              GL-74
STRIPS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .     GL-75
Subordinated Notes and Debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                                  GL-75
Subsidiaries . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .         GL-75
‘‘Super NOW’’ Account . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                        GL-76

FR Y-9C                                                                                                                                                                    Contents-7
Contents June 2011
Contents



Suspense Accounts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                 GL-76
Syndications . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .        GL-76
Telephone Transfer Account . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                          GL-76
Term Federal Funds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                GL-76
Time Deposits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .           GL-76
Trade Date and Settlement Date Accounting . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                                         GL-76
Trading Account . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .             GL-77
Transaction Account . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                 GL-78
Transfers of Financial Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                       GL-78
Traveler’s Letter of Credit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                     GL-82
Treasury Stock . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .            GL-82
Troubled Debt Restructuring . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                         GL-83
Trust Preferred Securities as Investments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                                 GL-84
Trust Preferred Securities Issued . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                           GL-84
U.S. Banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .        GL-85
U.S. Territories and Possessions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                          GL-85
Valuation Allowance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                 GL-85
Variable Interest Entity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                  GL-85
When-Issued Securities Transactions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                                 GL-86
Yield Maintenance Dollar Repurchase Agreement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                                               GL-87
FR Y-9C Checklist for Verifying Reports . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                                        CHK-1
FR Y-9C Federal Reserve Edits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                              EDIT-1




Contents-8                                                                                                                                                                  FR Y-9C
                                                                                                                                                                Contents   June 2011
INSTRUCTIONS FOR PREPARATION OF

Financial Statements
for Bank Holding Companies
FR Y–9C



GENERAL INSTRUCTIONS                                              unless the top-tier holding company is exempt from
                                                                  reporting the FR Y-9C. If a top-tier holding company
Who Must Report                                                   is exempt from reporting the FR Y-9C, then the
                                                                  lower-tier holding company (with total consoli-
A. Reporting Criteria                                             dated assets of $500 million or more) must file the
All bank holding companies, regardless of size, are               FR Y-9C.
required to submit financial statements to the Federal             In addition, such tiered bank holding companies,
Reserve, unless specifically exempted (see description of          regardless of the size of the subsidiary bank holding
exemptions below).                                                companies, must also submit, or have the top-tier
The specific reporting requirements for each bank hold-            bank holding company subsidiary submit, a separate
ing company depend upon the size of the holding com-              FR Y-9LP for each lower-tier bank holding company
pany, or other specific factors as determined by the               of the top-tier bank holding company.
appropriate Federal Reserve Bank. Bank holding compa-        (2) Bank Holding Companies that are Employee Stock
nies must file the appropriate forms as described below:          Ownership Plans. Bank holding companies that are
(1) Bank Holding Companies with Total Consoli-                   employee stock ownership plans (ESOPs) as of the
    dated Assets of $500 Million or More. Bank hold-             last calendar day of the calendar year must file the
    ing companies with total consolidated assets of              Financial Statements for Employee Stock Ownership
    $500 million or more (the top tier of a multi-tiered         Plan Bank Holding Companies (FR Y-9ES) on an
    holding company, when applicable) must file:                  annual basis, as of December 31. No other FR Y-9
                                                                 series form is required. However, bank holding
     (a) the Consolidated Financial Statements for Bank          companies that are subsidiaries of ESOP bank holding
         Holding Companies (FR Y-9C) quarterly, as of            companies (i.e., a tiered bank holding company) must
         the last calendar day of March, June, September,        submit the appropriate FR Y-9 series in accordance
         and December.                                           with bank holding company reporting requirements.
     (b) the Parent Company Only Financial Statements        (3) Bank Holding Companies with Total Consoli-
         for Large Bank Holding Companies (FR Y-9LP)             dated Assets of Less Than $500 Million. Bank
         quarterly, as of the last calendar day of March,        holding companies with total consolidated assets of
         June, September, and December.                          less than $500 million must file the Parent Company
          Each bank holding company that files the FR Y-9C        Only Financial Statements for Small Bank Holding
          must submit the FR Y-9LP for its parent company.       Companies (FR Y-9SP) on a semiannual basis, as of
                                                                 the last calendar day of June and December.1
     For tiered bank holding companies. When bank
     holding companies with total consolidated assets of
     $500 million, or more, own or control, or are owned        1. The Reserve Bank with whom the reporting bank holding company
                                                             files its reports may require that a bank holding company with total
     or controlled by, other bank holding companies (i.e.,
                                                             consolidated assets of less than $500 million submit the FR Y-9C and the
     are tiered bank holding companies), only the top-tier   FR Y-9LP reports to meet supervisory needs. Reserve Banks will consider
     holding company must file the FR Y-9C for the            such criteria including, but not limited to, whether the holding company
     consolidated bank holding company organization          (1) is engaged in significant nonbanking activities either directly or through


FR Y9C                                                                                                                          GEN-1
General Instructions   June 2009
General Instructions



     For tiered bank holding companies. When bank                              Bank holding companies that are not required to file
     holding companies with total consolidated assets of                       under the above criteria may be required to file this report
     less than $500 million, own or control, or are owned                      by the Federal Reserve Bank of the district in which they
     or controlled by, other bank holding companies (i.e.,                     are registered.
     are tiered bank holding companies), the top-tier
     holding company must file the FR Y-9SP for the                             C. Shifts in Reporting Status
     top-tier parent company of the bank holding com-
     pany. In addition, such tiered bank holding compa-                        A top-tier bank holding company that reaches $500 mil-
     nies must also submit, or have the bank holding                           lion or more in total consolidated assets as of June 30 of
     company subsidiary submit, a separate FR Y-9SP for                        the preceding year must begin reporting the FR Y-9C and
     each lower-tier bank holding company.                                     the FR Y-9LP in March of the current year, and any
                                                                               lower-tier bank holding companies must begin reporting
     When a bank holding company that has total consoli-                       the FR Y-9LP in March of the current year. If a top-tier
     dated assets of less than $500 million is a subsidiary                    bank holding company reaches $500 million or more in
     of a bank holding company that files the FR Y-9C,                          total consolidated assets due to a business combination, a
     the bank holding company that has total consolidated                      reorganization, or a branch acquisition that is not a
     assets of less than $500 million would report on the                      business combination, then the bank holding company
     FR Y-9LP rather than the FR Y-9SP.                                        must begin reporting the FR Y-9C and the FR Y-9LP
The instructions for the FR Y-9LP, FR Y-9ES, and the                           with the first quarterly report date following the effective
FR Y-9SP are not included in this booklet but may be                           date of the business combination, reorganization, or
obtained from the Federal Reserve Bank in the district                         branch acquisition, and any lower-tier bank holding
where the bank holding company files its reports, or may                        companies must begin reporting the FR Y-9LP with the
be found on the Federal Reserve Board’s public website                         first quarterly report date following the effective date. In
(www.federalreserve.gov/boarddocs/reportforms).                                general, once a bank holding company reaches or exceeds
                                                                               $500 million in total consolidated assets and begins filing
                                                                               the FR Y-9C and FR Y-9LP, it should file a complete FR
B. Exemptions from Reporting the                                               Y-9C and FR Y-9LP going forward (and any lower-tier
   Bank Holding Company Financial                                              bank holding companies should file a complete FR
   Statements                                                                  Y-9LP going forward). If a bank holding company’s total
                                                                               consolidated assets should subsequently fall to less than
The following bank holding companies do not have to                            $500 million for four consecutive quarters, then the bank
file bank holding company financial statements:                                  holding company may revert to filing the FR Y-9SP (and
(1) a bank holding company that has been granted an                            any lower-tier bank holding companies may revert to
    exemption under Section 4(d) of the Bank Holding                           filing the FR Y-9SP).
    Company Act; or
(2) a ‘‘qualified foreign banking organization’’ as defined                      Where to Submit the Reports
    by Section 211.23(a) of Regulation K (12 CFR                               Electronic Submission
    211.23(a)) that controls a U.S. subsidiary bank.
                                                                               All bank holding companies must submit their completed
                                                                               reports electronically. Bank holding companies should
a nonbank subsidiary; (2) conducts significant off-balance-sheet activities,
including securitizations or managing or administering assets for third        contact their district Reserve Bank or go to
parties, either directly or through a nonbank subsidiary; or (3) has a         www.frbservices.org/centralbank/reportingcentral/
material amount of debt or equity securities (other than trust preferred       index.html for procedures for electronic submission.
securities) outstanding that are registered with the Securities and Exchange
Commission.
   In addition, any bank holding company that is not subject to the Federal    When to Submit the Reports
Reserve’s Capital Adequacy Guidelines, but nonetheless elects to comply
with the guidelines, are required to file a complete FR Y-9C and FR Y-9LP
                                                                               The Consolidated Financial Statements for Bank Holding
report, and generally would not be permitted to revert back to filing the FR    Companies (FR Y-9C) are required to be submitted as of
Y-9SP report in any subsequent periods.                                        March 31, June 30, September 30, and December 31. The

GEN-2                                                                                                                                   FR Y9C
                                                                                                               General Instructions   June 2011
General Instructions



submission date for bank holding companies is 40 calen-       holding companies that do not file reports with the SEC,
dar days after the March 31, June 30, and September 30 as     on the same basis as described in generally accepted
of dates unless that day falls on a weekend or holiday        accounting principles (GAAP). Generally, under the rules
(subject to timely filing provisions). The submission date     for consolidation established by the SEC and by GAAP,
for bank holding companies is 45 calendar days after the      bank holding companies should consolidate any com-
December 31 as of date. For example, the June 30 report       pany in which it owns more than 50 percent of the
must be received by August 9, and the December 31 report      outstanding voting stock.
by February 14.
                                                              Each bank holding company shall account for any invest-
The term ‘‘submission date’’ is defined as the date by         ments in unconsolidated subsidiaries, associated compa-
which the Federal Reserve must receive the bank holding       nies, and those corporate joint ventures over which the
company’s FR Y-9C.                                            bank holding company exercises significant influence
                                                              according to the equity method of accounting, as pre-
If the submission deadline falls on a weekend or holiday,
                                                              scribed by GAAP. The equity method of accounting is
the report must be received on the first business day after
                                                              described in Schedule HC, item 8. (Refer to the Glossary
the Saturday, Sunday, or holiday. Earlier submission aids
                                                              entry for ‘‘subsidiaries’’ for the definitions of the terms
the Federal Reserve in reviewing and processing the
                                                              subsidiary, associated company, and corporate joint
reports and is encouraged. No extensions of time for
                                                              venture.)
submitting reports are granted.
The reports are due by the end of the reporting day on
the submission date (5:00 P.M. at each district Reserve       Rules of Consolidation
Bank).                                                        For purposes of these reports, all offices (i.e., branches,
                                                              subsidiaries, VIEs, and IBFs) that are within the scope of
How to Prepare the Reports                                    the consolidated bank holding company as defined above
A. Applicability of GAAP, Consolidation                       are to be reported on a consolidated basis. Unless the
                                                              instructions specifically state otherwise, this consolida-
   Rules and SEC Consistency                                  tion shall be on a line-by-line basis, according to the
Bank holding companies are required to prepare and file        caption shown. As part of the consolidation process, the
the Consolidated Financial Statements for Bank Hold-          results of all transactions and all intercompany balances
ing Companies in accordance with generally accepted           (e.g., outstanding asset/debt relationships) between offices,
accounting principles (GAAP) and these instructions. All      subsidiaries, and other entities included in the scope of
reports shall be prepared in a consistent manner. The         the consolidated bank holding company are to be elimi-
bank holding company’s financial records shall be main-        nated in the consolidation and must be excluded from the
tained in such a manner and scope so as to ensure that the    Consolidated Financial Statements for Bank Holding
Consolidated Financial Statements for Bank Holding            Companies. (For example, eliminate in the consolidation
Companies can be prepared and filed in accordance with         (1) loans made by the bank holding company to a
these instructions and reflect a fair presentation of the      consolidated subsidiary and the corresponding liability of
bank holding company’s financial condition and results         the subsidiary to the bank holding company, (2) a
of operations.                                                consolidated subsidiary’s deposits in another bank hold-
                                                              ing company consolidated subsidiary and the correspond-
Bank holding companies should retain workpapers and           ing cash or interest-bearing asset balance of the subsidi-
other records used in the preparation of these reports.       ary, and (3) the intercompany interest income and
                                                              expense related to such loans and deposits of the bank
Scope of the ‘‘consolidated bank holding                      holding company and its consolidated subsidiary.)
company’’ to be reported in the submitted
                                                              Exception: For purposes of reporting the total assets of
reports                                                       captive insurance and reinsurance subsidiaries in Sched-
For purposes of this report, the bank holding company         ule HC-M, Memoranda, items 7(a) and 7(b), only, bank
should consolidate its subsidiaries on the same basis as it   holding companies should measure the subsidiaries’ total
does for its annual reports to the SEC or, for those bank     assets before eliminating intercompany transactions

FR Y9C                                                                                                             GEN-3
General Instructions   March 2011
General Instructions



between the consolidated subsidiary and other offices or         Glossary entries for ‘‘domestic office’’ and ‘‘foreign
subsidiaries of the consolidated bank holding company.           office’’ for the definitions of these terms.
Otherwise, captive insurance and reinsurance subsidi-
aries should be reported on a consolidated basis as              Exclusions from coverage of the
described in the preceding paragraph.                            consolidated report
Subsidiaries of Subsidiaries. For a subsidiary of a bank         Subsidiaries where control does not rest with the par-
holding company that is in turn the parent of one or more        ent. If control of a majority-owned subsidiary by the
subsidiaries:                                                    bank holding company does not rest with the bank
(1) Each subsidiary shall consolidate its majority-owned         holding company because of legal or other reasons (e.g.,
    subsidiaries in accordance with the consolidation            the subsidiary is in bankruptcy), the subsidiary is not
    requirements set forth above.                                required to be consolidated for purposes of the report.2
                                                                 Thus, the bank holding company’s investments in such
(2) Each subsidiary shall account for any investments in         subsidiaries are not eliminated in consolidation but will
    unconsolidated subsidiaries, corporate joint ventures        be reflected in the reports in the balance sheet item for
    over which the bank holding company exercises                ‘‘Investments in unconsolidated subsidiaries and associ-
    significant influence, and associated companies                ated companies’’ (Schedule HC, item 8) and other trans-
    according to the equity method of accounting.                actions of the bank holding company with such subsidi-
Noncontrolling (minority) interests. A noncontrolling            aries will be reflected in the appropriate items of the
interest, sometimes called a minority interest, is the           reports in the same manner as transactions with unrelated
portion of equity in a bank holding company’s subsidiary         outside parties. Additional guidance on this topic is
not attributable, directly or indirectly, to the parent bank     provided in accounting standards, including ASC Sub-
holding company. Report noncontrolling interests in the          topic 810-10, Consolidation – Overall (formerly FASB
reporting bank holding company’s consolidated subsidi-           Statement No. 94, Consolidation of All Majority-Owned
aries in Schedule HC, item 27(b), ‘‘Noncontrolling               Subsidiaries).
(minority) interests in consolidated subsidiaries.’’ Report      Custody accounts. All custody and safekeeping activities
the portion of consolidated net income reported in Sched-        (i.e., the holding of securities, jewelry, coin collections,
ule HI, item 12, that is attributable to noncontrolling          and other valuables in custody or in safekeeping for
interests in consolidated subsidiaries of the bank holding       customers) should not to be reflected on any basis in the
company in Schedule HI, item 13.                                 balance sheet of the Consolidated Financial Statements
                                                                 for Bank Holding Companies unless cash funds held by
Reporting by type of office                                      the bank in safekeeping for customers are commingled
(for bank holding companies                                      with the general assets of the reporting bank holding
with foreign offices)                                            company. In such cases, the commingled funds would be
                                                                 reported in the Consolidated Financial Statements for
Some information in the Consolidated Financial State-            Bank Holding Companies as deposit liabilities of the
ments for Bank Holding Companies are to be reported by           bank holding company.
type of office (e.g., for domestic offices or for foreign
offices) as well as for the consolidated bank holding            For bank holding companies that file financial statements
company. Where information is called for by type of              with the Securities and Exchange Commission (SEC),
office, the information reported shall be the office compo-      major classifications including total assets, total liabili-
nent of the consolidated item unless otherwise specified          ties, total equity capital and net income should generally
in the line item instructions. That is, as a general rule, the   be the same between the FR Y-9C report filed with the
office information shall be reported at the same level of
consolidation as the fully consolidated statement, shall            2. In contrast, by definition, control of a variable interest entity (VIE) is
                                                                 deemed to rest with the parent if the parent or its consolidated subsidiary
reflect only transactions with parties outside the scope
                                                                 has a controlling financial interest in the VIE and, thus, is the primary
of the consolidated bank holding company, and shall              beneficiary, in which case the VIE must be consolidated for purposes of the
exclude all transactions between offices of the consoli-         FR Y-9C report. For further information, refer to the Glossary entry for
dated bank holding company as defined above. See the              ‘‘variable interest entity.’’


GEN-4                                                                                                                                  FR Y9C
                                                                                                            General Instructions     June 2011
General Instructions



Federal Reserve and the financial statements filed with         is, the Federal Reserve Bank in the district where the
the SEC.                                                      bank holding company submits this report).

B. Report Form Captions, Non-applicable                       C. Rounding
   Items and Instructional Detail
                                                              For bank holding companies with total assets of less than
No caption on the report forms shall be changed in any        $10 billion, all dollar amounts must be reported in
way. An amount or a zero should be entered for all items      thousands, with the figures rounded to the nearest thou-
except in those cases where (1) the reporting bank hold-      sand. Items less than $500 will be reported as zero. For
ing company does not have any foreign offices; (2) the        bank holding companies with total assets of $10 billion
reporting company does not have any depository institu-       or more, all dollar amounts may be reported in thousands,
tions that are subsidiaries other than commercial banks;      but each bank holding company, at its option, may round
or (3) the reporting bank holding company has no con-         the figures reported to the nearest million, with zeros
solidated subsidiaries that render services in any fidu-       reported in the thousands column. For bank holding
ciary capacity and its subsidiary banks have no trust         companies exercising this option, amounts less than
departments. If the reporting bank holding company has        $500,000 will be reported as zero.
only domestic offices, Schedule HC, items 13(b)(1) and
13(b)(2), and Schedule HI, items 1(a)(2) and 2(a)(2)          Rounding could result in details not adding to their stated
should be left blank. If the reporting company does not       totals. However, to ensure consistent reporting, the
have any depository institutions that are subsidiaries        rounded detail items should be adjusted so that the totals
other than commercial banks, then Schedule HC-E, items        and the sums of their components are identical.
2(a) through 2(e) should be left blank. If the reporting      On the Consolidated Financial Statements for Bank
company does not have any trust activities, then              Holding Companies, ‘‘Total assets’’ (Schedule HC,
Schedule HI, item 5(a) should be left blank. Bank hold-       item 12) and ‘‘Total liabilities and equity capital’’ (Sched-
ing company should leave blank memorandum items               ule HC, item 29), which must be equal, must be derived
9(a) through 9(d) of Schedule HI if the reporting bank        from unrounded numbers and then rounded to ensure that
holding company does not have average trading assets of       these two items are equal as reported.
$2 million or more (reported on Schedule HC-K, item
4(a)) as of the March 31st report date of the current
calendar year.                                                D. Negative Entries
In addition, bank holding companies who are not               Except for the items listed below, negative entries are
required to report Schedule HC-D or Schedule HC-Q             generally not appropriate on the FR Y-9C and should not
may leave these schedules blank.                              be reported. Hence, assets with credit balances must be
                                                              reported in liability items and liabilities with debit bal-
There may be areas in which a bank holding company
                                                              ances must be reported in asset items, as appropriate, and
wishes more technical detail on the application of
                                                              in accordance with these instructions. Items for which
accounting standards and procedures to the requirements
                                                              negative entries may be made, include:
of these instructions. Such information may often be
found in the appropriate entries in the Glossary section of    (1) Schedule HI, memorandum item 6, ‘‘Other non-
these instructions or, in more detail, in the GAAP stan-           interest income (itemize and describe the three
dards. Selected sections of the GAAP standards are                 largest amounts that exceed 1 percent of the sum of
referenced in the instructions where appropriate. The              Schedule HI, item 1(h) and 5(m)).’’
accounting entries in the Glossary are intended to serve
                                                               (2) Schedule HI, memorandum item 7 ‘‘Other non-
as an aid in specific reporting situations rather than a
                                                                   interest expense (itemize and describe the three
comprehensive statement on accounting for bank holding
                                                                   largest amounts that exceed 1 percent of Schedule
companies.
                                                                   HI, items 1(h) and 5(m)).’’
Questions and requests for interpretations of matters
                                                               (3) Schedule HI, item 5(e), ‘‘Venture capital revenue.’’
appearing in any part of these instructions should be
addressed to the appropriate Federal Reserve Bank (that        (4) Schedule HI, item 5(f), ‘‘Net servicing fees.’’

FR Y9C                                                                                                             GEN-5
General Instructions   June 2011
General Instructions



 (5) Schedule HI, item 5(g), ‘‘Net securitization            (24) Schedule HC-R, Column B, ‘‘Items Not Subject
     income.’’                                                    to Risk-Weighting,’’ for asset categories in items 34
                                                                  through 43.
 (6) Schedule HI-A, item 12, ‘‘Other comprehensive
     income.’’                                               When negative entries do occur in one or more of these
                                                             items, they shall be recorded with a minus (2) sign rather
 (7) Schedule HC, item 8, ‘‘Investments in unconsoli-
                                                             than in parenthesis.
     dated subsidiaries and associated companies.’’
                                                             On the Consolidated Report of Income (Schedule HI),
 (8) Schedule HC, item 26(a), ‘‘Retained earnings.’’
                                                             negative entries may appear as appropriate. Income items
 (9) Schedule HC, item 26(b), ‘‘Accumulated other            with a debit balance and expense items with a credit
     comprehensive income.’’                                 balance must be reported with a minus (2) sign.
(10) Schedule HC, item 26(c), ‘‘Other equity capital
     components. ’’                                          E. Confidentiality
(11) Schedule HC, item 27(a), ‘‘Total bank holding           The completed version of this report generally is avail-
     company equity capital.’’                               able to the public upon request on an individual basis
                                                             with the exception of any amounts reported in Schedule
(12) Schedule HC, item 28, ‘‘Total equity capital.’’         HI, memoranda item 7(g), ‘‘FDIC deposit insurance
(13) Schedule HC-C, items 10, 10(a), and 10(b), on           assessments,’’ for report dates beginning June 30, 2009.
     ‘‘Lease financing receivables (net of unearned           However, a reporting bank holding company may request
     income).’’                                              confidential treatment for the Consolidated Financial
                                                             Statements for Bank Holding Companies (FR Y-9C) if
(14) Schedule HC-P, items 5(a) and 5(b), on ‘‘Noninter-      the bank holding company is of the opinion that disclo-
     est income for the quarter from the sale, securitiza-   sure of specific commercial or financial information in
     tion, and servicing of 1–4 family residential mort-     the report would likely result in substantial harm to its
     gage loans .’’                                          competitive position, or that disclosure of the submitted
(15) Schedule HC-Q, memorandum item 2(a), ‘‘Loan             information would result in unwarranted invasion of
     commitments (not accounted for as derivatives).’’       personal privacy.

(16) Schedule HC-R, item 1, ‘‘Total bank holding com-        A request for confidential treatment must be submitted in
     pany equity capital.’’                                  writing prior to the electronic submission of the report.
                                                             The request must discuss in writing the justification for
(17) Schedule HC-R, item 2, ‘‘Net unrealized gains           which confidentiality is requested and must demonstrate
     (losses) on available-for-sale securities.’’            the specific nature of the harm that would result from
                                                             public release of the information. Merely stating that
(18) Schedule HC-R, item 4, ‘‘Accumulated net gains
                                                             competitive harm would result or that information is
     (losses) on cash flow hedges.’’
                                                             personal is not sufficient.
(19) Schedule HC-R, item 7(b), ‘‘LESS: Cummulative
                                                             Information for which confidential treatment is requested
     change in fair value of all financial liabilities
                                                             may subsequently be released by the Federal Reserve
     accounted for under a fair value option that is
                                                             System if the Board of Governors determines that the
     included in retained earnings and is attributable to
                                                             disclosure of such information is in the public interest.
     changes in the bank holding company’s own cred-
     itworthiness.’’
                                                             F. Verification and Signatures
(20) Schedule HC-R, item 8, ‘‘Subtotal.’’
                                                             Verification. All addition and subtraction should be
(21) Schedule HC-R, item 10, ‘‘Other additions to            double-checked before reports are submitted. Totals and
     (deductions from) Tier 1 capital.’’                     subtotals in supporting materials should be cross-checked
                                                             to corresponding items elsewhere in the reports. Before a
(22) Schedule HC-R, item 11, ‘‘Tier 1 capital.’’
                                                             report is submitted, all amounts should be compared with
(23) Schedule HC-R, item 21, ‘‘Total risk-based capital.’’   the corresponding amounts in the previous report. If there

GEN-6                                                                                                                 FR Y9C
                                                                                             General Instructions   June 2011
General Instructions



are any unusual changes from the previous report, a brief     mate-riality of such event(s) or transaction(s) in making a
explanation of the changes should be provided to the          determination about requiring the bank holding company
appropriate Reserve Bank.                                     to apply the Federal Reserve’s interpretation and to amend
                                                              previously submitted reports. Materiality is a qualitative
Signatures. The Consolidated Financial Statements for
                                                              characteristic of accounting information which is defined
Bank Holding Companies must be signed by the Chief
                                                              in FASB Concepts No. 2 as ‘‘the magnitude of an
Financial Officer of the bank holding company (or by the
                                                              omission or misstatement of accounting information that,
individual performing this equivalent function). By sign-
                                                              in the light of surrounding circumstances, make it prob-
ing the cover page of this report, the authorized officer
                                                              able that the judgment of a reasonable person relying on
acknowledges that any knowing and willful misrepresen-
                                                              the information would have been changed or influenced
tation or omission of a material fact on this report
                                                              by the omission or misstatement.’’
constitutes fraud in the inducement and may subject the
officer to legal sanctions provided by 18 USC 1001 and        The Federal Reserve may require the filing of amended
1007.                                                         Consolidated Financial Statements for Bank Holding
                                                              Companies if reports as previously submitted contain
Bank holding companies must maintain in their files a
                                                              significant errors. In addition, a bank holding company
manually signed and attested printout of the data submit-
                                                              should file an amended report when internal or external
ted. The cover page of the Reserve Bank-supplied,
                                                              auditors make audit adjustments that result in a restate-
holding company’s software, or from the Federal
                                                              ment of financial statements previously submitted to the
Reserve’s website report form should be used to fulfill
                                                              Federal Reserve.
the signature and attestation requirement and this page
should be attached to the printout placed in the bank         The Federal Reserve also requests that bank holding
holding company’s files.                                       companies that have restated their prior period financial
                                                              statements as a result of an acquisition submit revised
G. Amended Reports                                            reports for the prior year-ends. While information to
                                                              complete all schedules to the FR Y-9C may not be
When the Federal Reserve’s interpretation of how GAAP
                                                              available, bank holding companies are requested to pro-
or these instructions should be applied to a specified
                                                              vide the Consolidated Balance Sheet (Schedule HC) and
event or transaction (or series of related events or trans-
                                                              the Consolidated Report of Income (Schedule HI) for the
actions) differs from the reporting bank holding com-
                                                              prior year-ends. In the event that certain of the required
pany’s interpretation, the Federal Reserve may require
                                                              data are not available, bank holding companies should
the bank holding company to reflect the event(s) or
                                                              contact the appropriate Reserve Bank for information on
transaction(s) in its FR Y-9C in accordance with the
                                                              submitting revised reports.
Federal Reserve’s interpretation and to amend previously
submitted reports. The Federal Reserve will consider the




FR Y9C                                                                                                           GEN-7
General Instructions   March 2011
LINE ITEM INSTRUCTIONS FOR

Consolidated Report of Income
Schedule HI
The line item instructions should be read in conjunction with the Glossary and other
sections of these instructions. See the discussion of the Organization of the Instruction
Books in the General Instructions. For purposes of these line item instructions, the
FASB Accounting Standards Codification is referred to as ‘‘ASC.’’


General Instructions                                         Statement No. 155, Accounting for Certain Hybrid
                                                             Financial Instruments), and ASC Subtopic 860-50, Trans-
Report in accordance with these instructions all income      fers and Servicing – Servicing Assets and Liabilities
and expense of the consolidated bank holding company         (formerly FASB Statement No. 156, Accounting for
for the calendar year-to-date. Include adjustments of        Servicing of Financial Assets)), the bank holding com-
accruals and other accounting estimates made shortly
                                                             pany may elect to report certain assets and liabilities at
after the end of a reporting period which relate to the
                                                             fair value with changes in fair value recognized in
income and expense of the reporting period.
                                                             earnings. This election is generally referred to as the fair
Bank holding companies that began operating during the       value option. If the bank holding company has elected to
reporting period should report in the appropriate items of   apply the fair value option to interest-bearing financial
Schedule HI all income earned and expense incurred           assets and liabilities, it should report the interest income
since commencing operations. The bank holding com-           on these financial assets (except any that are in nonac-
pany should report pre-opening income earned and             crual status) and the interest expense on these financial
expenses incurred from inception until the date opera-       liabilities for the year-to-date in the appropriate interest
tions commenced using one of the two methods described       income and interest expense items on Schedule HI, not as
in the Glossary entry for ‘‘start-up activities.’’           part of the reported change in fair value of these assets
                                                             and liabilities for the year-to-date. The bank holding
Business Combinations and Reorganizations − If the
                                                             company should measure the interest income or interest
bank holding company entered into a business combina-
                                                             expense on a financial asset or liability to which the fair
tion that became effective during the reporting period and
                                                             value option has been applied using either the contractual
which has been accounted for under the acquisition
                                                             interest rate on the asset or liability or the effective yield
method, report the income and expense of the acquired
                                                             method based on the amount at which the asset or
business only after its acquisition. If the bank holding
                                                             liability was first recognized on the balance sheet.
company entered into a reorganization that became effec-
                                                             Although the use of the contractual interest rate is an
tive during the year-to-date reporting period and has been
                                                             acceptable method under GAAP, when a financial asset
accounted for at historical cost in a manner similar to a
                                                             or liability has a significant premium or discount upon
pooling of interests, report the income and expense of the
                                                             initial recognition, the measurement of interest income or
combined entities for the entire calendar year-to-date as
                                                             interest expense under the effective yield method more
though they had combined at the beginning of the year.
                                                             accurately portrays the economic substance of the trans-
For further information on business combinations and
                                                             action. In addition, in some cases, GAAP requires a
reorganizations, see the Glossary entry for ‘‘business
                                                             particular method of interest income recognition when
combinations.’’
                                                             the fair value option is elected. For example, when the
Assets and liabilities accounted under the fair value        fair value option has been applied to a beneficial interest
option — Under U.S. generally accepted accounting            in securitized financial assets within the scope of ASC
principles (GAAP) (i.e., ASC Subtopic 825-10, Financial      Subtopic 325-40, Investments-Other – Beneficial Inter-
Instruments – Overall (formerly FASB Statement No.           ests in Securitized Financial Assets (formerly Emerging
159, The Fair Value Option for Financial Assets and          Issues Task Force Issue No. 99-20, Recognition of Inter-
Financial Liabilities), ASC Subtopic 815-15, Derivatives     est Income and Impairment on Purchased and Retained
and Hedging – Embedded Derivatives (formerly FASB            Beneficial Interests in Securitized Financial Assets),

FR Y-9C                                                                                                               HI-1
Schedule HI   June 2011
Schedule HI



interest income should be measured in accordance with                Nonrefundable Fees and Costs Associated with Origi-
the consensus in this issue. Similarly, when the fair value          nating or Acquiring Loans and Initial Direct Costs of
option has been applied to a purchased impaired loan or              Leases) as described in the Glossary entry for ‘‘loan
debt security accounted for under ASC Subtopic 310-30,               fees.’’ See exclusion (3) below.
Receivables – Loans and Debt Securities Acquired with
Deteriorated Credit Quality (formerly AICPA Statement            (3) Loan commitment fees (net of direct loan origination
of Position 03-3, Accounting for Certain Loans or Debt               costs) that must be deferred over the commitment
Securities Acquired in a Transfer), interest income on the           period and recognized over the life of the related loan
loan or debt security should be measured in accordance               as an adjustment of yield under ASC Subtopic 310-20
with this Subtopic when accrual of income is appropriate.            as described in the Glossary entry for ‘‘loan fees.’’
For further information, see the Glossary entry for “Pur-        (4) Investigation and service charges, fees representing a
chased Impaired Loans and Debt Securities.”                          reimbursement of loan processing costs, renewal and
Revaluation adjustments, excluding amounts reported as               past-due charges, prepayment penalties, and fees
interest income and interest expense, to the carrying                charged for the execution of mortgages or agree-
value of all assets and liabilities reported in Schedule HC          ments securing the bank holding company’s loans.
at fair value under a fair value option (excluding servic-       (5) Charges levied against overdrawn accounts based on
ing assets and liabilities reported in Schedule HC, item             the length of time the account has been overdrawn,
10(b), “Other intangible assets,” and Schedule HC, item              the magnitude of the overdrawn balance, or which
20, “Other liabilities,” respectively, and assets and liabili-       are otherwise equivalent to interest. See exclusion (6)
ties reported in Schedule HC, item 5, ‘‘Trading assets,’’            below.
and Schedule HC, item 15, ‘‘Trading liabilities,’’ respec-
tively) resulting from the periodic marking of such assets       (6) The contractual amount of interest income earned on
and liabilities to fair value should be reported as “Other           loans that are reported at fair value under a fair value
noninterest income” in Schedule HI, item 5(l).                       option.

Line Item 1     Interest income.                                 Exclude from interest and fee income on loans:
Line Item 1(a)     Interest and fee income on loans.             (1) Fees for servicing real estate mortgages or other
Report in the appropriate subitem all interest, fees, and            loans that are not assets of the bank holding company
similar charges levied against or associated with all                (report in Schedule HI, item 5(f), ‘‘Net servicing
assets reportable as loans in Schedule HC-C, items 1                 fees’’).
through 9.                                                       (2) Charges to merchants for the bank holding com-
Deduct interest rebated to customers on loans paid before            pany’s handling of credit card or charge sales when
maturity from gross interest earned on loans; do not                 the bank holding company does not carry the related
report as an expense.                                                loan accounts on its books (report as ‘‘Other nonin-
                                                                     terest income’’ in Schedule HI, item 5(l)). Bank
Include as interest and fee income on loans:                         holding companies may report this income net of the
(1) Interest on all assets reportable as loans extended              expenses (except salaries) related to the handling of
    directly, purchased from others, sold under agree-               these credit card or charge sales.
    ments to repurchase, or pledged as collateral for any
                                                                 (3) Loan origination fees, direct loan origination costs,
    purpose.
                                                                     and purchase premiums and discounts on loans held
(2) Loan origination fees, direct loan origination costs,            for sale, all of which should be deferred until the loan
    and purchase premiums and discounts on loans held                is sold (rather than amortized). The net fees or costs
    for investment, all of which should be deferred and              and purchase premium or discount are part of the
    recognized over the life of the related loan as an               recorded investment in the loan. When the loan is
    adjustment of yield under ASC Subtopic 310-20,                   sold, the difference between the sales price and the
    Receivables – Nonrefundable Fees and Other Costs                 recorded investment in the loan is the gain or loss on
    (formerly FASB Statement No. 91, Accounting for                  the sale of the loan. See exclusion (4) below.

HI-2                                                                                                                  FR Y-9C
                                                                                                       Schedule HI   June 2011
Schedule HI



(4) Net gains (losses) from the sale of all assets report-     1(a), 1(b), 1(d), and 1(e), column B. Include interest and
    able as loans (report in Schedule HI, item 5(i), ‘‘Net     fee income on loans secured by 1-4 family residential
    gains (losses) on sales of loans and leases’’). Refer to   construction loans, but exclude such income on all other
    the Glossary entry for ‘‘transfers of financial assets.’’   loans secured by 1-4 family residential properties.
(5) Reimbursements for out-of-pocket expenditures (e.g.,       Line Item 1(a)(1)(c)    Interest and fee income on all
    for the purchase of fire insurance on real estate           other loans.
    securing a loan) made by the bank holding company
    for the account of its customers. If the bank holding      Report all interest, fees, and similar charges levied
    company’s expense accounts were charged with the           against or associated with all other loans (in domestic
    amount of such expenditures, the reimbursements            offices) (other than loans secured by real estate in domes-
    should be credited to the same expense accounts.           tic offices) reportable in Schedule HC-C, items 2 through
                                                               9, column B.
(6) Transaction or per item charges levied against deposit
    accounts for the processing of checks drawn against        Line Item 1(a)(2) Interest and fee income on loans
    insufficient funds that the bank holding company           in foreign offices, Edge and Agreement subsidiaries,
    assesses regardless of whether it decides to pay,          and IBFs.
    return, or hold the check, so-called ‘‘NSF check
    charges’’ (report as ‘‘Service charges on deposit          Report all interest, fees, and similar charges levied
    accounts (in domestic offices),’’ in Schedule HI, item     against or associated with all loans in foreign offices,
    5(b), or, if levied against deposit accounts in foreign    Edge and Agreement subsidiaries, and IBFs reportable in
    offices, as ‘‘Other noninterest income’’ in Schedule       Schedule HC-C, column A, items 1 through 9.
    HI, item 5(l)). See inclusion (5) above.                   Line Item 1(b)    Income from lease financing
(7) Interchange fees earned from credit card transactions      receivables.
    (report as ‘‘Other noninterest income’’ in Schedule        Report income from direct financing and leveraged leases
    HI, item 5(l)).                                            reportable in Schedule HC-C, item 10, ‘‘Lease financing
                                                               receivables (net of unearned income).’’ (See Glossary
Line Item 1(a)(1) Interest and fee income on loans             entry for ‘‘lease accounting.’’)
in domestic offices.
                                                               Exclude:
Report all interest, fees, and similar charges levied
against or associated with all loans in domestic offices       (1) Any investment tax credit associated with leased
reportable in Schedule HC-C, items 1 through 9, col-               property (include in Schedule HI, item 9, ‘‘Applica-
umn B for bank holding companies with foreign offices              ble income taxes.’’)
and reportable in Schedule HC-C, items 1 through 9, for        (2) Provision for possible losses on leases (report in
bank holding companies with domestic offices only.                 Schedule HI, item 4, ‘‘Provision for loan and lease
                                                                   losses’’).
Line Item 1(a)(1)(a) Interest and fee income on
loans secured by 1-4 family residential properties.            (3) Rental fees applicable to operating leases for furni-
                                                                   ture and equipment rented to others (report in Sched-
Report all interest, fees, and similar charges levied              ule HI, item 5(l), ‘‘Other noninterest income’’).
against or associated with all loans secured by 1-4 family
residential properties (in domestic offices) reportable in     Line Item 1(c) Interest income on balances due
Schedule HC-C, item 1(c), column B.                            from depository institutions.
                                                               Report all income on assets reportable in Schedule HC,
Line Item 1(a)(1)(b) Interest and fee income on all
                                                               item 1(b), ‘‘Interest-bearing balances due from deposi-
other loans secured by real estate.
                                                               tory Institutions,’’ including interest-bearing required
Report all interest, fees, and similar charges levied          reserve and excess balances due from Federal Reserve
against or associated with all loans secured by real estate    Banks. Include interest income earned on interest-bearing
(in domestic offices) reportable in Schedule HC-C, items       balances due from depository institutions that are reported

FR Y-9C                                                                                                              HI-3
Schedule HI   June 2011
Schedule HI



at fair value under a fair value option. However, exclude         the consolidated bank holding company exercises
any credit associated with clearing balances due from             significant influence (report as ‘‘Noninterest income’’
Federal Reserve Banks.                                            in the appropriate subitem of Schedule HI, item 5).

Line Item 1(d)    Interest and dividend income on             Line Item 1(d)(1) U.S. Treasury securities and U.S.
securities.                                                   government agency obligations (excluding
Report in the appropriate subitem all income on assets        mortgage-backed securities).
that are reportable in Schedule HC-B, Securities. Include     Report income from all securities reportable in Sched-
accretion of discount on securities for the current period.   ule HC-B, item 1, ‘‘U.S. Treasury securities,’’ and item 2,
Deduct current amortization of premium on securi-             ‘‘U.S. government agency obligations.’’ Include accretion
ties. (Refer to the Glossary entry for ‘‘premiums and         of discount on U.S. Treasury bills.
discounts.’’)
Include interest and dividends on securities held in the      Line Item 1(d)(2)     Mortgage-backed securities.
consolidated bank holding company’s portfolio, loaned,        Report all income from securities reportable in Sched-
sold subject to repurchase, or pledged as collateral for      ule HC-B, item 4, ‘‘Mortgage-backed securities.’’
any purpose.
                                                              Line Item 1(d)(3)     All other securities.
Include interest received at the sale of securities to the
extent that such interest had not already been accrued on     Report in the appropriate subitem income from all other
the consolidated bank holding company’s books.                debt securities and from all equity securities of com-
                                                              panies domiciled in the U.S. that are reportable in
Do not deduct accrued interest included in the purchase
                                                              Schedule HC-B, item 3, ‘‘Securities issued by states and
price of securities from income on securities and do not
                                                              political subdivisions in the U.S.,’’ item 5, ‘‘Asset-backed
charge to expense. Record such interest in a separate
                                                              securities (ABS),’’ item 6, ‘‘Other debt securities,’’ and
asset account (to be reported in Schedule HC, item 11,
                                                              item 7, ‘‘Investments in mutual funds and other equity
‘‘Other assets’’) to be offset upon collection of the next
                                                              securities with readily determinable fair values.’’
interest payment.
                                                              Exclude from interest and dividend income on all other
Report income from detached U.S. Government security
                                                              securities:
coupons and ex-coupon U.S. Government securities not
held for trading in item 1(d)(3) as interest and dividend     (1) Income from equity securities that do not have
income on ‘‘All other securities.’’ Refer to the Glossary         readily determinable fair values (report as ‘‘Other
entry for ‘‘coupon stripping, Treasury receipts, and              interest income’’ in Schedule HI, item 1(g)).
STRIPS.’’
                                                              (2) The consolidated bank holding company’s propor-
Exclude from interest and dividend income on securites:           tionate share of the net income or loss from its
(1) Realized gains (losses) on held-to-maturity securities        common stock investments in domestic unconsoli-
    and on available-for-sale securities (report in Sched-        dated subsidiaries, associated companies, and those
    ule HI, items 6(a) and 6(b), respectively).                   corporate joint ventures over which the consoli-
                                                                  dated bank holding company exercises significant
(2) Net unrealized holding gains (losses) on available-           influence (report income or loss before extraor-
    for-sale securities (include the amount of such net           dinary items and other adjustments in the appropriate
    unrealized holding gains (losses) in Schedule HC,             subitem of item 5 and report extraordinary items, net
    item 26(b), ‘‘Accumulated other comprehensive                 of applicable taxes and minority interest, in Sched-
    income,’’ and the calendar year-to-date change in             ule HI, item 12).
    such net unrealized holding gains (losses) in Sched-
    ule HI-A, item 10, ‘‘Other comprehensive income)’’.       Line Item 1(e)    Interest income from trading
                                                              assets.
(3) Income from advances to, or obligations of, majority-
    owned subsidiaries not consolidated, associated com-      Report the interest income earned on assets reportable in
    panies, and those corporate joint ventures over which     Schedule HC, item 5, ‘‘Trading assets.’’

HI-4                                                                                                               FR Y-9C
                                                                                                    Schedule HI   June 2011
Schedule HI



Include accretion of discount on assets held in trading          rial extraordinary items and other adjustments of
accounts that have been issued on a discount basis, such         these entities (report in item 12, ‘‘Extraordinary
as U.S. Treasury bills and commercial paper.                     items net of applicable taxes and minority interest’’).
Exclude gains (losses) and fees from trading assets,         (3) Interest received on other assets not specified above.
which should be reported in Schedule HI, item 5(c),
‘‘Trading revenue.’’ Also exclude revaluation adjust-        Line Item 1(h)     Total interest income.
ments from the periodic marking to market of derivative
contracts held for trading purposes, which should be         Report the sum of items 1(a) through 1(g).
reported as trading revenue in Schedule HI, item 5(c).
The effect of the periodic net settlements on these          Line Item 2     Interest expense.
derivative contracts should be included as part of the       Line Item 2(a)     Interest on deposits.
revaluation adjustments from the periodic marking to
market of the contracts.                                     Report in the appropriate subitem all interest expense,
                                                             including amortization of the cost of merchandise or
Line Item 1(f) Interest income on federal funds              property offered in lieu of interest payments, on deposits
sold and securities purchased under agreements to            reportable in Schedule HC, item 13(a)(2), ‘‘Interest-
resell.                                                      bearing deposits in domestic offices,’’ and Schedule HC,
                                                             item 13(b)(2), ‘‘Interest-bearing deposits in foreign offices,
Report the gross revenue from assets reportable in Sched-    Edge and Agreement subsidiaries, and IBFs.’’
ule HC, item 3, ‘‘Federal funds sold and securities
purchased under agreements to resell.’’ Include the con-     Exclude the cost of gifts or premiums (whether in the
tractual amount of interest income earned on federal         form of merchandise, credit, or cash) given to depositors
funds sold and securities purchased under agreements to      at the time of the opening of a new account or an addition
resell that are reported at fair value under a fair value    to, or renewal of, an existing account (report in Schedule
option.                                                      HI, item 7(d), ‘‘Other noninterest expense’’).
                                                             Include as interest expense on the appropriate category of
Line Item 1(g)      Other interest income.                   deposits finders’ fees and brokers’ fees that represent an
                                                             adjustment to the interest rate paid on deposits the
Report all interest income not properly reported in
                                                             reporting bank holding company acquires through bro-
items 1(a) through 1(f) above. Other interest income
                                                             kers. If material, such fees should be capitalized and
includes, but is not limited to:
                                                             amortized over the term of the related deposits. However,
(1) Interest income on real estate sales contracts report-   exclude fees levied by brokers that are, in substance,
    able in Schedule HC, item 7, ‘‘Other real estate         retainer fees or that otherwise do not represent an adjust-
    owned.’’                                                 ment to the interest rate paid on brokered deposits (report
                                                             in Schedule HI, item 7(d), ‘‘Other noninterest expense’’).
(2) Interest income from advances to, or obligations of,
    majority-owned subsidiaries not consolidated on this     Also include as interest expense the contractual amount
    report, associated companies, and those corporate        of interest expense incurred on deposits that are reported
    joint ventures over which the consolidated bank          at fair value under a fair value option. Deposits with
    holding company exercises significant influence.           demand features (e.g., demand and savings deposits in
                                                             domestic offices) are generally not eligible for the fair
    Exclude the consolidated bank holding company’s
                                                             value option.
    proportionate share of the income or loss before
    extraordinary items and other adjustments from its       Deduct from the gross interest expense of the appropriate
    common stock investments in unconsolidated sub-          category of time deposits penalties for early withdrawals,
    sidiaries, associated companies, and those corporate     or portions of such penalties, that represent the forfeiture
    joint ventures over which the bank holding company       of interest accrued or paid to the date of withdrawal. If
    exercises significant influence (report in item 5(l),      material, portions of penalties for early withdrawals that
    ‘‘Other noninterest income’’) and the consolidated       exceed the interest accrued or paid to the date of with-
    bank holding company’s proportionate share of mate-      drawal should not be treated as a reduction of interest

FR Y-9C                                                                                                               HI-5
Schedule HI   June 2011
Schedule HI



expense but should be included in ‘‘Other noninterest         Report the income of federal funds sold and securities
income’’ in Schedule HI, item 5(l).                           purchased under agreements to resell in Schedule HI,
                                                              item 1(f); do not deduct from the gross expense reported
Line Item 2(a)(1)    Interest on deposits in domestic         in this item. However, if amounts recognized as payables
offices.                                                      under repurchase agreements have been offset against
Line Item 2(a)(1)(a)    Interest on time deposits of          amounts recognized as receivables under reverse repur-
$100,000 or more.                                             chase agreements and reported as a net amount in
                                                              Schedule HC, Balance Sheet, in accordance with ASC
Report interest expense on all time deposits reportable       Subtopic 210-20, Balance Sheet – Offsetting (formerly
in Schedule HC-E, items 1(e) and 2(e), ‘‘Time deposits        FASB Interpretation No. 41, Offsetting of Amounts
of $100,000 or more’’ in domestic offices of commer-          Related to Certain Repurchase and Reverse Repurchase
cial banks and in domestic offices of other depository        Agreements), the income and expense from these agree-
institutions.                                                 ments may be reported on a net basis in Schedule HI,
                                                              Income Statement.
Line Item 2(a)(1)(b)    Interest on time deposits of
less than $100,000.
Report in this item all interest expense reportable in        Line Item 2(c) Interest on trading liabilities and
Schedule HC-E, items 1(d) and 2(d), ‘‘Time deposits of        other borrowed money.
less than $100,000’’ in domestic offices of subsidiary        Report the interest expense on all liabilities reportable in
commercial banks and in domestic offices of other sub-        Schedule HC, item 15, ‘‘Trading liabilities,’’ and item 16,
sidiary depository institutions.                              ‘‘Other borrowed money.’’ Include the contractual amount
                                                              of interest expense incurred on other borrowed money
Line Item 2(a)(1)(c)    Interest on other deposits.           reported at fair value under a fair value option.
Report interest expense on all deposits reportable in
Schedule HC, item 13(a)(2), ‘‘Interest-bearing deposits
                                                              Line Item 2(d)     Interest on subordinated notes and
in domestic offices,’’ excluding interest on time deposits
                                                              debentures.
in domestic offices of subsidiary commercial banks and
in domestic offices of other subsidiary depository insti-     Report the interest expense on all liabilities reportable in
tutions, which are reportable in items 2(a)(1)(a) or          Schedule HC, item 19(a), ‘‘Subordinated notes and
2(a)(1)(b) above.                                             debentures.’’ Include the contractual amount of interest
                                                              expense incurred on subordinated notes and debentures
Line Item 2(a)(2) Interest on deposits in foreign             reported at fair value under a fair value option.
offices, Edge and Agreement subsidiaries, and IBFs.
                                                              Include the interest expense of mandatory convertible
Report interest expense on all deposits in foreign offices    securities associated with gross equity contract notes and
reportable in Schedule HC, item 13(b)(2), ‘‘Interest-         gross equity commitment notes.
bearing deposits in foreign offices, Edge and Agreement
subsidiaries, and IBFs.’’                                     Include amortization of expenses incurred in the issuance
                                                              of subordinated notes and debentures. Capitalize such
Line Item 2(b) Expense of federal funds                       expenses, if material, and amortize them over the life of
purchased and securities sold under agreements to             the related notes and debentures (unless the notes and
repurchase.                                                   debentures are reported at fair value under a fair value
                                                              option, in which case issuance costs should be expensed
Report the gross expense of all liabilities reportable in
                                                              as incurred).
Schedule HC, item 14, ‘‘Federal funds purchased and
securities sold under agreements to repurchase.’’ Include     Exclude from this item interest on any reportable notes
the contractual amount of interest expense incurred on        payable to unconsolidated special purpose entities that
federal funds purchased and securities sold under agree-      issue trust preferred securities (included in Schedule HC,
ments to repurchase that are reported at fair value under a   item 19(b), ‘‘Subordinated notes payable to unconsoli-
fair value option.                                            dated trusts issuing trust preferred securities, and trust

HI-6                                                                                                               FR Y-9C
                                                                                                    Schedule HI   June 2011
Schedule HI



preferred securities issued by consolidated special pur-       Line Item 5    Noninterest income:
pose entities’’). Report this interest expense in Schedule     Line Item 5(a)    Income from fiduciary activities.
HI, item 2(e), ‘‘Other interest expense.’’
                                                               Report gross income from services rendered by the trust
Exclude from this item the amortization of expenses            departments of the bank holding company’s banking
incurred in the issuance of these notes payable. Capital-      subsidiaries or by any of the bank holding company’s
ize such expenses, if material, and amortize them over         consolidated subsidiaries acting in any fiduciary capacity.
the life of the related notes payable. Report these amor-      Include commissions and fees on the sales of annuities by
tized issuance costs in Schedule HI, item 2(e).                these entities that are executed in a fiduciary capacity.
Exclude dividends declared or paid on limited-life pre-        Exclude commissions and fees received for the accumu-
ferred stock (report dividends declared in Schedule HI-A,      lation or disbursement of funds deposited to Individual
item 10).                                                      Retirement Accounts (IRAs) or Keogh Plan accounts
                                                               when they are not handled by the trust departments
Line Item 2(e)      Other interest expense.                    of the holding company’s subsidiary banks (report in
Report in this item the interest expense on all other          item 5(b), ‘‘Service charges on deposit accounts in
liabilities not reported in Schedule HI, items 2(a) through    domestic offices’’).
2(d) above.                                                    Leave this item blank if the subsidiary banks of the
                                                               reporting bank holding company have no trust depart-
Line Item 2(f)      Total interest expense.                    ments and the bank holding company has no consolidated
                                                               subsidiaries that render services in any fiduciary capacity.
Report the sum of Schedule HI, items 2(a) through 2(e).
                                                               Line Item 5(b) Service charges on deposit
Line Item 3      Net interest income.                          accounts in domestic offices.
Report the difference between item 1(h), ‘‘Total interest      Report in this item amounts charged depositors in domes-
income’’ and item 2(f), ‘‘Total interest expense.’’ If the     tic offices:
amount is negative, report with a minus (-) sign.               (1) For the maintenance of their deposit accounts with
                                                                    the bank holding company or its consolidated sub-
Line Item 4      Provision for loan and lease losses.               sidiaries, so-called ‘‘maintenance charges.’’
Report the amount needed to make the allowance for loan         (2) For their failure to maintain specified minimum
and lease losses, as reported in Schedule HC, item 4(c),            deposit balances.
adequate to absorb estimated credit losses, based upon
                                                                (3) Based on the number of checks drawn on and
management’s evaluation of the loans and leases that the
                                                                    deposits made in their deposit accounts.
reporting bank holding company has the intent and
ability to hold for the foreseeable future or until maturity    (4) For checks drawn on so-called ‘‘no minimum bal-
or payoff. Also include in this item any provision for              ance’’ deposit accounts.
allocated transfer risk related to loans and leases. The
                                                                (5) For withdrawals from nontransaction deposit
amount reported in this item must equal Schedule HI-B,
                                                                    accounts.
Part II, item 5, ‘‘Provision for loan and lease losses.’’
Report negative amounts with a minus (-) sign.                  (6) For the closing of savings accounts before a speci-
                                                                    fied minimum period of time has elapsed.
Exclude any provision for credit losses on off-balance
sheet credit exposures which should be reported in              (7) For accounts which have remained inactive for
Schedule HI, item 7(d), ‘‘Other noninterest expense.’’              extended periods of time or which have become
                                                                    dormant.
The amount reported here may differ from the bad debt
expense deduction taken for federal income tax purposes.        (8) For deposits to or withdrawals from deposit accounts
(Refer to the Glossary entry for ‘‘allowance for loan and           through the use of automated teller machines or
lease losses’’ for additional information.)                         remote service units.

FR Y-9C                                                                                                              HI-7
Schedule HI   June 2011
Schedule HI



 (9) For the processing of checks drawn against insuffi-         able in Schedule HC-L, item 12, ‘‘Total gross notional
     cient funds, so-called ‘‘NSF check charges,’’ that          amount of derivative contracts held for trading,’’ and
     the subsidiary banks of the bank holding company            credit derivative contracts reportable in Schedule
     assess regardless of whether it decides to pay,             HC-L, item 7, ‘‘Credit derivatives,’’ that are held for
     return, or hold the check. Exclude subsequent               trading purposes. The effect of the periodic net
     charges levied against overdrawn accounts based             settlements on derivative contracts held for trading
     on the length of time the account has been over-            purposes should be included as part of the revalua-
     drawn, the magnitude of the overdrawn balance, or           tion adjustments from the periodic marking to market
     which are otherwise equivalent to interest (report in       of these contracts.
     the appropriate subitem of item 1(a)(1), ‘‘Interest
     and fee income on loans in domestic offices’’).         (3) Incidental income and expense related to the pur-
                                                                 chase and sale of assets and liabilities reportable
(10) For issuing stop payment orders.                            in Schedule HC, item 5, ‘‘Trading assets,’’ and
(11) For certifying checks.                                      Schedule HC, item 15, ‘‘Trading liabilities,’’ and
                                                                 off-balance-sheet derivative contracts reportable in
(12) For the accumulation or disbursement of funds               Schedule HC-L, item 12, ‘‘Total gross amount of
     deposited to Individual Retirement Accounts (IRAs)
                                                                 derivative contracts held for trading,’’ and credit
     or Keogh Plan accounts when not handled by the
                                                                 derivatives contracts reportable in Schedule HC-L,
     trust departments of subsidiary banks of the report-
                                                                 item 7, that are held for trading purposes.
     ing bank holding company.
       Report such commissions and fees received for         If the amount to be reported in this item is a net loss,
       accounts handled by the trust departments of the      report with a minus (-) sign.
       holding company’s banking subsidiaries or by other
       consolidated subsidiaries in item 5(a), ‘‘Income
       from fiduciary activities.’’                           Line Item 5(d)(1) Fees and commissions from
                                                             securities brokerage.
       Exclude penalties paid by depositors for the early
       withdrawal of time deposits (report in item 5(l),     Report fees and commissions from securities brokerage
       ‘‘Other noninterest income,’’ or deduct from the      activities, from the sale and servicing of mutual funds,
       interest expense of the related category of time      from the purchase and sale of securities and money
       deposits, as appropriate).                            market instruments where the bank holding company is
                                                             acting as agent for other banking institutions or custom-
Line Item 5(c)    Trading revenue.                           ers, and from the lending of securities owned by the bank
Report the net gain or loss from trading cash instruments    holding company or by bank holding company customers
and off-balance-sheet derivative contracts (including        (if these fees and commissions are not included in
commodity contracts) that has been recognized during         Schedule HI, item 5(a), ‘‘Income from fiduciary activi-
the calendar year-to-date. The amount reported in this       ties,’’ or item 5(c), ‘‘Trading revenue’’). However, exclude
item must equal the sum of Schedule HI, Memoranda            fees and commissions from the sale of annuities (fixed,
item 9(a) through 9(e).                                      variable, and other) to bank holding company customers
                                                             by the bank holding company or any securities brokerage
Include as trading revenue:                                  subsidiary (report such income in Schedule HI, item
(1) Revaluation adjustments to the carrying value of cash    5(d)(3), ‘‘Fees and commissions from annuity sales’’).
    instruments reportable in Schedule HC, item 5,
                                                             Also include the bank holding company’s proportionate
    ‘‘Trading assets,’’ and Schedule HC, item 15, ‘‘Trad-
                                                             share of the income or loss before extraordinary items
    ing liabilities,’’ resulting from the periodic marking
                                                             and other adjustments from its investments in equity
    to market of such instruments.
                                                             method investees that are principally engaged in securi-
(2) Revaluation adjustments from the periodic marking        ties brokerage activities. Equity method investees include
    to market of interest rate, foreign exchange rate,       unconsolidated subsidiaries; associated companies; and
    commodity, and equity derivative contracts report-       corporate joint ventures, unincorporated joint ventures,

HI-8                                                                                                              FR Y-9C
                                                                                                   Schedule HI   June 2011
Schedule HI



general partnerships, and limited partnerships over which    ventures, unincorporated joint ventures, general partner-
the bank holding company exercises significant influ-          ships, and limited partnerships over which the bank
ence.                                                        holding company exercises significant influence.

Line Item 5(d)(2) Investment banking, advisory,              Line Item 5(d)(4) Underwriting income from
and underwriting fees and commissions.                       insurance and reinsurance activities.
Report fees and commissions from underwriting (or            Report the amount of premiums earned by bank holding
participating in the underwriting of) securities, private    company subsidiaries engaged in insurance underwriting
placements of securities, investment advisory and man-       or reinsurance activities. Include earned premiums from
agement services, merger and acquisition services, and       (a) life and health insurance and (b) property and casualty
other related consulting fees. Include fees and commis-      insurance, whether (direct) underwritten business or
sions from the placement of commercial paper, both for       ceded or assumed (reinsured) business. Insurance premi-
transactions issued in the bank holding company’s name       ums should be reported net of any premiums transferred
and transactions in which the bank holding company acts      to other insurance underwriters/reinsurers in conjunction
as an agent for a third party issuer.                        with reinsurance contracts.
Also include the bank holding company’s proportionate        Also include the bank holding company’s proportionate
share of the income or loss before extraordinary items       share of the income or loss before extraordinary items
and other adjustments from its investments in equity         and other adjustments from its investments in equity
method investees that are principally engaged in invest-     method investees that are principally engaged in insur-
ment banking, advisory, or securities underwriting activi-   ance underwriting or reinsurance activities. Equity method
ties. Equity method investees include unconsolidated         investees include unconsolidated subsidiaries; associated
subsidiaries; associated companies; and corporate joint      companies; and corporate joint ventures, unincorporated
ventures, unincorporated joint ventures, general partner-    joint ventures, general partnerships, and limited partner-
ships, and limited partnerships over which the bank          ships over which the bank holding company exercises
holding company exercises significant influence.               significant influence.
                                                             Exclude income from sales and referrals involving insur-
Line Item 5(d)(3)         Fees and commissions from
                                                             ance products and annuities (see the instructions for
annuity sales.
                                                             Schedule HI, items 5(d)(5) and 5(d)(3), respectively, for
Report fees and commissions from sales of annuities          information on reporting such income).
(fixed, variable, and other) by the bank holding company
and any subsidiary of the bank holding company and fees      Line Item 5(d)(5)    Income from other insurance
earned from customer referrals for annuities to insurance    activities.
companies and insurance agencies external to the consoli-    Report income from insurance product sales and refer-
dated bank holding company. Also include management          rals, including:
fees earned from annuities.
                                                             (1) Service charges, commissions, and fees earned from
However, exclude fees and commissions from sales of              insurance sales, including credit, life, health, prop-
annuities by the trust departments of the holding com-           erty, casualty, and title insurance products.
pany’s subsidiary banks (or by a consolidated trust
company subsidiary) that are executed in a fiduciary          (2) Fees earned from customer referrals for insurance
capacity (report in Schedule HI, item 5(a), ‘‘Income from        products to insurance companies and insurance agen-
fiduciary activities’’).                                          cies external to the consolidated bank holding com-
                                                                 pany.
Also include the bank holding company’s proportionate
share of the income or loss before extraordinary items       Also include management fees earned from separate
and other adjustments from its investments in equity         accounts and universal life products.
method investees that are principally engaged in annuity     Exclude income from annuity sales and referrals (see the
sales. Equity method investees include unconsolidated        instructions for Schedule HI, item 5(d)(3), above, for
subsidiaries; associated companies; and corporate joint      information on reporting such income).

FR Y-9C                                                                                                            HI-9
Schedule HI   June 2011
Schedule HI



Also include the bank holding company’s proportionate        have increased the fair value of the liability above its
share of the income or loss before extraordinary items       carrying amount. For servicing assets and liabilities
and other adjustments from its investments in equity         remeasured at fair value under the fair value option,
method investees that are principally engaged in insur-      include changes in the fair value of these servicing assets
ance product sales and referrals. Equity method investees    and liabilities. For further information on servicing, see
include unconsolidated subsidiaries; associated compa-       the Glossary entry for ‘‘servicing assets and liabilities.’’
nies; and corporate joint ventures, unincorporated joint
ventures, general partnerships, and limited partnerships     Line Item 5(g)     Net securitization income.
over which the bank holding company exercises signifi-
cant influence.                                               Report net gains (losses) on assets sold in the bank
                                                             holding company’s own securitization transactions, i.e.,
Line Item 5(e)    Venture capital revenue.                   net of transaction costs. Include unrealized losses (and
                                                             recoveries of unrealized losses) on loans and leases held
In general, venture capital activities involve the provid-   for sale in the bank holding company’s own securitiza-
ing of funds, whether in the form of loans or equity, and    tion transactions. Report fee income from securitizations,
technical and management assistance, when needed and         securitization conduits, and structured finance vehicles,
requested, to start-up or high-risk companies specializing   including fees for providing administrative support,
in new technologies, ideas, products, or processes. The      liquidity support, interest rate risk management, credit
primary objective of these investments is capital growth.    enhancement support, and any additional support func-
Report as venture capital revenue market value adjust-       tions as an administrative agent, liquidity agent, hedging
ments, interest, dividends, gains, and losses (including     agent, or credit enhancement agent. Include all other fees
impairment losses) on venture capital investments (loans     (other than servicing fees and commercial paper place-
and securities). Include any fee income from venture         ment fees) earned from the bank holding company’s
capital activities that is not reported in one of the        securitization and structured finance transactions.
preceding items of Schedule HI—Income Statement.             Exclude income from servicing securitized assets (report
Also include the bank holding company’s proportionate        in item 5(f), above), fee income from the placement of
share of the income or loss before extraordinary items       commercial paper (report in item 5(d), above), and
and other adjustments from its investments in:               income from seller’s interests and residual interests
                                                             retained by the bank holding company (report in the
(1) Unconsolidated subsidiaries,                             appropriate subitem of item 1, ‘‘Interest income’’). Also
(2) Associated companies, and                                exclude net gains (losses) on loans sold to—and unreal-
                                                             ized losses (and recoveries of unrealized losses) on loans
(3) Corporate joint ventures, unincorporated joint ven-      and leases held for sale to—a government-sponsored
    tures, general partnerships, and limited partnerships    agency or another institution that in turn securitizes the
    over which the bank holding company exercises            loans (report in item 5(i), ‘‘Net gains (losses) on sales of
    significant influence that are principally engaged in      loans and leases’’).
    venture capital activities.
                                                             Line Item 5(h)     Not applicable.
Line Item 5(f)    Net servicing fees.
                                                             Line Item 5(i)    Net gains (losses) on sales of loans
Report income from servicing real estate mortgages,
                                                             and leases.
credit cards, and other financial assets held by others.
Report any premiums received in lieu of regular servic-      Report the amount of net gains (losses) on sales and other
ing fees on such loans only as earned over the life of the   disposals of loans and leases (reportable in Schedule HC-
loans. For servicing assets and liabilities measured under   C), including unrealized losses (and subsequent recover-
the amortization method, bank holding companies should       ies of such net unrealized losses) on loans and leases held
report servicing income net of the related servicing         for sale. Exclude net gains (losses) on loans and leases
assets’ amortization expense, include impairments recog-     sold in the bank holding company’s own securitization
nized on servicing assets, and also include increases in     transactions and unrealized losses (and recoveries of
servicing liabilities recognized when subsequent events      unrealized losses) on loans and leases held for sale in the

HI-10                                                                                                             FR Y-9C
                                                                                                   Schedule HI   June 2011
Schedule HI



bank holding company’s own securitization transactions        of the dollar amount without regard to whether the
(report these gains (losses) in Schedule HI, item 5(g),       amount represents net gains or net losses.) Preprinted
‘‘Net securitization income’’).                               captions have been provided in Memoranda items 6(a)
                                                              through 6(h) for reporting the following components of
Line Item 5(j) Net gains (losses) on sales of other           other noninterest income if the component exceeds this
real estate owned.                                            disclosure threshold: income and fees from the printing
Report the amount of net gains (losses) on sales and other    and sale of checks, earnings on/increase in value of cash
disposals of other real estate owned (reportable in Sched-    surrender value of life insurance, income and fees from
ule HC, item 7), increases and decreases in the valuation     automated teller machines (ATMS), rent and other income
allowance for foreclosed real estate, and write-downs of      from other real estate owned, safe deposit box rent, net
other real estate owned subsequent to acquisition (or         change in the fair values of financial instruments
physical possession) charged to expense. Do not include       accounted for under a fair value option, bank card and
as a loss on other real estate owned any amount charged       credit card interchange fees and gains on bargain pur-
to the allowance for loan and lease losses at the time of     chases. For each component of other noninterest income
foreclosure (actual or physical possession) for the differ-   that exceeds this disclosure threshold for which a pre-
ence between the carrying value of a loan and the fair        printed caption has not been provided describe the com-
value less cost to sell of the foreclosed real estate.        ponent with a clear but concise caption in Schedule HI,
                                                              Memoranda items 6(i) through 6(k). These descriptions
Line Item 5(k) Net gains (losses) on sales of other           should not exceed 50 characters in length (including
assets (excluding securities).                                spacing between words).

Report the amount of net gains (losses) on sales and other    For disclosure purposes in Schedule HI, Memoranda
disposals of assets not required to be reported elsewhere     items 6(a) through 6(h), when components of ‘‘Other
in the income statement (Schedule HI). Include net gains      noninterest income’’ reflect a single credit for separate
(losses) on sales and other disposals of premises and         ‘‘bundled services’’ provided through third party ven-
fixed assets; personal property acquired for debts previ-      dors, disclose such amounts in the item with the pre-
ously contracted (such as automobiles, boats, equipment,      printed caption that most closely describes the predomi-
and appliances); and coins, art, and other similar assets.    nant type of income earned, and this categorization
Do not include net gains (losses) on sales and other          should be used consistently over time.
disposals of loans and leases (either directly or through
securitization), other real estate owned, securities, and     Include as other noninterest income:
trading assets (report these net gains (losses) in the         (1) Service charges, commissions, and fees for such
appropriate items of Schedule HI).                                 services as:
Line Item 5(l)      Other noninterest income.                      (a) The rental of safe deposit boxes.
Report all operating income of the bank holding com-               (b) The safekeeping of securities for other deposi-
pany for the calendar year to date not required to be                  tory institutions (if the income for such safe-
reported elsewhere in Schedule HI. Disclose in Sched-                  keeping services is not included in Sched-
ule HI, Memoranda items 6(a) through 6(k), each compo-                 ule HI, item 5(a), ‘‘Income from fiduciary
nent of other noninterest income, and the dollar amount                activities’’).
of such component, that is greater than $25,000 and                (c) The sale of bank drafts, money orders, cashiers’
exceeds 3 percent of the other noninterest income                      checks, and travelers’ checks.
reported in this item. If net losses have been reported in
this item for a component of ‘‘Other noninterest income,’’         (d) The collection of utility bills, checks, notes,
use the absolute value of such net losses to determine                 bond coupons, and bills of exchange.
whether the amount of the net losses is greater than
                                                                   (e) The redemption of U.S. savings bonds.
$25,000 and exceeds 3 percent of ‘‘Other noninterest
income’’ and should be reported in Schedule HI, Memo-               (f) The handling of food stamps and the U.S.
randa item 6. (The absolute value refers to the magnitude               Treasury Tax and Loan Account, including fees

FR Y-9C                                                                                                          HI-11
Schedule HI   June 2011
Schedule HI



           received in connection with the issuance of               this income net of the expenses (except salaries)
           interest-bearing demand notes by a depository             related to the handling of these credit card sales.
           institution that is a consolidated subsidiary of
                                                                 (7) Interchange fees       earned   from     credit   card
           the reporting bank holding company.
                                                                     transactions.
     (g) The execution of acceptances and the issuance
         of commercial letters of credit, standby letters        (8) Gross income received for performing data process-
         of credit, defered payment letters of credit, and           ing services for others. Do not deduct the expense
         letters of credit issued for cash or its equivalent.        of performing such services for others (report in the
         Exclude income on bankers acceptances and                   appropriate items of noninterest expense).
         trade acceptances (report such income in the            (9) Loan commitment fees that are recognized during
         appropriate subitem of Schedule HI, item 1(a),              the commitment period (i.e., fees retrospectively
         ‘‘Interest and fee income on loans,’’ or in                 determined and fees for commitments where exer-
         Schedule HI, item 1(e), ‘‘Interest income from              cise is remote) or included in income when the
         trading assets,’’ as appropriate).                          commitment expires and loan syndication fees that
     (h) The notarizing of forms and documents.                      are not required to be deferred. Refer to the Glos-
                                                                     sary entry for ‘‘loan fees’’ for further information.
        (i) The negotiation or management of loans from
            other lenders for customers or correspondents.      (10) Service charges on deposit accounts in foreign
                                                                     offices.
        (j) The providing of consulting and advisory ser-
            vices to others. Exclude income from invest-        (11) Net tellers’ overages (shortages), net recoveries
            ment advisory services, which is to be reported          (losses) on forged checks, net recoveries (losses) on
            in Schedule HI, item 5(d).                               payment of checks over stop payment orders, and
                                                                     similar recurring operating gains (losses) of this
     (k) The use of the bank holding company subsidi-                type. Bank holding companies should consistently
         ary bank’s automated teller machines or remote              report these gains (losses) either in this item or in
         service units by depositors of other depository             Schedule HI, item 7(d).
         institutions.
                                                                (12) Net gains (losses) from the sale or other disposal of
 (2) Income and fees from the sale and printing of                   branches (i.e., where the reporting bank holding
     checks.                                                         company sells a branch’s assets to another deposi-
 (3) Gross rentals and other income from all real estate             tory institution, which assumes the deposit liabili-
     reportable in Schedule HC, item 7, ‘‘Other real                 ties of the branch). Bank holding companies should
     estate owned.’’                                                 consistently report these net gains (losses) either in
                                                                     this item or in Schedule HI, item 7(d).
 (4) Earnings on or other increases in the value of the
     cash surrender values of life insurance policies           (13) Net gains (losses) from all transactions involving
     owned by the bank holding company’s subsidiary                  foreign currency or foreign exchange other than
     bank(s).                                                        trading transactions. Bank holding companies
                                                                     should consistently report these net gains (losses)
 (5) Annual or other periodic fees paid by holders of                either in this item or in Schedule HI, item 7(d).
     credit cards issued by the bank holding company or
     its consolidated subsidairies. Fees that are periodi-      (14) Rental fees applicable to operating leases for furni-
     cally charged to cardholders shall be deferred and              ture and equipment rented to others.
     recognized on a straight-line basis over the period        (15) Interest received on tax refunds.
     the fee entitles the cardholder to use the card.
                                                                (16) Life insurance proceeds on policies for which the
 (6) Charges to merchants for the bank’s handling of
                                                                     bank holding company or its subsidiaries are the
     credit card or charge sales when the bank holding
                                                                     beneficiary.
     company does not carry the related loan accounts
     on its books. Bank holding companies may report            (17) Credits resulting from litigation or other claims.

HI-12                                                                                                                FR Y-9C
                                                                                                      Schedule HI   June 2011
Schedule HI



(18) Portions of penalties for early withdrawals of time       (22) Income from ground rents and air rights.
     deposits that exceed the interest accrued or paid on
     the deposit to the date of withdrawal, if material.       (23) Revaluation adjustments to the carrying value of all
     Penalties for early withdrawals, or portions of such           assets and liabilities reported in Schedule HC at fair
     penalties, that represent the forfeiture of interest           value under a fair value option (excluding servicing
     accrued or paid to the date of withdrawal are a                assets and liabilities reported in Schedule HC, item
     reduction of interest expense and should be deducted           10(b), ‘‘Other intangible assets,’’ and Schedule HC,
     from the gross interest expense of the appropriate             item 20, ‘‘Other liabilities,’’ respectively, and assets
     category of time deposits in Schedule HI, item 2(a),           and liabilities reported in Schedule HC, item 5,
     ‘‘Interest on deposits.’’                                      ‘‘Trading assets,’’ and Schedule HC, item 15,
                                                                    ‘‘Trading liabilities,’’ respectively) resulting from
(19) Interest income from advances to, or obligations of,           the periodic marking of such assets and liabilities to
     and the bank holding company’s proportionate                   fair value. Exclude the contractual amounts of
     share of the income or loss before extraordinary               interest income earned and interest expense incurred
     items and other adjustments from its investments               on financial assets and liabilities reported at fair
     in:                                                            value under a fair value option, which should be
      (a) Unconsolidated subsidiaries,                              reported in the appropriate interest income or inter-
                                                                    est expense items on Schedule HI.
      (b) Associated companies, and
                                                               (24) Gains on bargain purchases recognized and mea-
      (c) Corporate joint ventures, unincorporated joint
                                                                    sured in accordance with ASC Topic 805, Business
          ventures, and general partnerships over which
          the bank holding company exercises significant             Combinations (formerly referred to as FASB State-
          influence, and                                             ment No. 141(R) Business Combinations).

      (d) Noncontrolling investments in certain limited
          partnerships and limited liability companies         Line Item 5(m)      Total noninterest income.
          (described in the Glossary entry for ‘‘equity
          method of accounting’’),                             Report the sum of items 5(a) through 5(l).

      other than those that are principally engaged in
      investment banking, advisory, brokerage, or secu-        Line Item 6(a) Realized gains (losses) on
      rites underwriting activities; venture capital activi-   held-to-maturity securities.
      ties; insurance and reinsurance underwriting activi-
                                                               Report the net gain or loss realized during the calendar
      ties; or insurance and annunity sales activities (the
                                                               year-to-date from the sale, exchange, redemption, or
      income from which should be reported in Sched-
                                                               retirement of all securities reportable in Schedule HC,
      ule HI, items 5(d)(1) through 5(d)(5) and 5(e), as
                                                               item 2(a), ‘‘Held-to-maturity securities.’’ The realized
      appropriate. Exclude the bank holding company’s
                                                               gain or loss is the difference between the sales price
      proportionate share of material extraordinary items
                                                               (excluding interest at the coupon rate accrued since the
      and other adjustments of these entities (report in
                                                               last interest payment date, if any) and the amortized cost.
      Schedule HI, item 12, ‘‘Extraordinary items and
                                                               Also include in this item the write-downs of the cost basis
      other adjustments, net of income taxes’’).
                                                               of individual held-to-maturity securities for other-than-
(20) Net gains (losses) on nonhedging derivative instru-       temporary impairments. If the amount to be reported in
     ments held for purposes other than trading. Bank          this item is a net loss, report with a minus (-) sign.
     holding companies should consistently report these
     net gains (losses) either in this item or in Schedule     Do not adjust for applicable income taxes (income taxes
     HI, item 7(d). For further information, see the           applicable to gains (losses) on held-to-maturity securities
     Glossary entry for ‘‘derivative contracts.’’              are to be included in the applicable income taxes reported
                                                               in item 9 below).
(21) Gross income generated by securities contributed to
     charitable contribution Clifford Trusts.                  Exclude:

FR Y-9C                                                                                                              HI-13
Schedule HI   June 2011
Schedule HI



(1) Realized gains (losses) on available-for-sale securi-       iaries including guards and contracted guards, temporary
    ties (report in Schedule HI, item 6(b) below) and           office help, dining room and cafeteria employees, and
    trading securities (report in Schedule HI, item 5(c)        building department officers and employees (including
    above).                                                     maintenance personnel). Include as salaries and employee
(2) Net gains (losses) from the sale of detached securities     benefits:
    coupons and the sale of ex-coupon securities (report         (1) Gross salaries, wages, overtime, bonuses, incentive
    in item 5(l), ‘‘Other noninterest income,’’ or item 7(d),        compensation, and extra compensation.
    ‘‘Other noninterest expense,’’ as appropriate). (Refer
    to the Glossary entry for ‘‘coupon stripping’’ for           (2) Social security taxes and state and federal unem-
    further information.)                                            ployment taxes paid by the consolidated bank hold-
                                                                     ing company.
Line Item 6(b) Realized gains (losses) on
available-for-sale securities.                                   (3) Contributions to the consolidated bank holding
                                                                     company’s retirement plan, pension fund, profit-
Report the net gain or loss realized during the calendar
                                                                     sharing plan, employee stock ownership plan,
year-to-date from the sale, exchange, redemption, or
                                                                     employee stock purchase plan, and employee sav-
retirement of all securities reportable in Schedule HC,
                                                                     ings plan.
item 2(b), ‘‘Available-for-sale securities.’’ The realized
gain or loss is the difference between the sales price           (4) Premiums (net of dividends received) on health and
(excluding interest at the coupon rate accrued since the             accident, hospitalization, dental, disability, and life
last interest payment date, if any) and the amortized cost.          insurance policies for which the consolidated bank
Also include in this item write-downs of the cost basis of           holding company is not the beneficiary.
individual available-for-sale securities for other-than-
temporary impairments. If the amount to be reported in           (5) Cost of office temporaries whether hired directly by
this item is a net loss, report with a minus (-) sign.               the bank holding company or its consolidated sub-
                                                                     sidiaries or through an outside agency.
Do not adjust for applicable income taxes (income taxes
applicable to gains (losses) on available-for-sale securi-       (6) Workmen’s compensation insurance premiums.
ties are to be included in the applicable income taxes
                                                                 (7) The net cost to the bank holding company or its
reported in item 9 below).
                                                                     consolidated subsidiaries for employee dining
Exclude:                                                             rooms, restaurants, and cafeterias.
(1) The change in net unrealized holding gains (losses)          (8) Accrued vacation pay earned by employees during
    on available-for-sale securities during the calendar             the calendar year-to-date.
    year to date (report in Schedule HI-A, item 12).
(2) Realized gains (losses) on held-to-maturity securities       (9) The cost of medical or health services, relocation
    (report in Schedule HI, item 6(a) above) and on                  programs and reimbursements of moving expenses,
    trading securities (report in Schedule HI, item 5(c)             tuition reimbursement programs, and other so-called
    above).                                                          fringe benefits for officers and employees.
(3) Net gains (losses) from the sale of detached securities     (10) Compensation expense (service component and
    coupons and the sale of ex-coupon securities (report             interest component) related to deferred compensa-
    in item 5(l), ‘‘Other noninterest income,’’ or item 7(d),        tion agreements.
    ‘‘Other noninterest expense,’’ as appropriate). (Refer
    to the Glossary entry for ‘‘coupon stripping’’ for          Exclude from salaries and employee benefits (report in
    further information.)                                       item 7(d), ‘‘Other noninterest expense’’):

Line Item 7 Noninterest expense:                                 (1) Amounts paid to attorneys, accountants, manage-
                                                                     ment consultants, investment counselors, and other
Line Item 7(a) Salaries and employee benefits.                        professionals who are not salaried officers or
Report salaries and benefits of all officers and employees            employees of the bank holding company or its
of the bank holding company and its consolidated subsid-             consolidated subsidiaries.

HI-14                                                                                                                FR Y-9C
                                                                                                      Schedule HI   June 2011
Schedule HI



 (2) The cost of bank holding company or consolidated               for federal income tax purposes if the results would
     subsidiary newspapers and magazines prepared for               not be materially different from depreciation based
     distribution to bank holding company or its consoli-           on the asset’s estimated useful life.
     dated subsidiaries’ officers and employees.
                                                                (2) All operating lease payments made by the bank
 (3) Premiums on life insurance policies for which the              holding company or its consolidated subsidiaries
     bank holding company or its consolidated subsidi-              on premises (including parking lots), equipment
     aries are the beneficiary.                                      (including data processing equipment), furniture,
                                                                    and fixtures.
 (4) Dues, fees, and other expenses associated with
     memberships in country clubs, social or private            (3) Cost of ordinary repairs to premises (including
     clubs, civic organizations, and similar clubs and              leasehold improvements), equipment, furniture, and
     organizations.                                                 fixtures.
                                                                (4) Cost of service or maintenance contracts for equip-
Line Item 7(b)      Expenses of premises and fixed                   ment, furniture, and fixtures.
assets.                                                         (5) Cost of leasehold improvements, equipment, furni-
Report all noninterest expenses related to the use of               ture, and fixtures charged directly to expense and
premises, equipment, furniture, and fixtures, net of rental          not placed on the consolidated bank holding com-
income, that are reportable in Schedule HC, item 6,                 pany’s books as assets.
‘‘Premises and fixed assets.’’ If this net amount is a credit    (6) Insurance expense related to the use of premises,
balance, report with a minus (-) sign.                              equipment, furniture, and fixtures including such
                                                                    coverages as fire, multi-peril, boiler, plate glass,
Deduct rental income from gross premises and fixed asset
                                                                    flood, and public liability.
expense. Rental income includes all rentals charged for
the use of buildings not incident to their use by the           (7) All property tax and other tax expense related to
reporting bank holding company or its consolidated                  premises (including leasehold improvements),
subsidiaries, including rentals by regular tenants of the           equipment, furniture, and fixtures, including defi-
bank holding company’s or its consolidated subsidiaries’            ciency payments, net of all rebates, refunds, or
buildings, income received from short-term rentals of               credits.
other facilities of the bank holding company or its
                                                                (8) Any portion of capital lease payments representing
consolidated subsidiaries, and income from sub-leases.
                                                                    executory costs such as insurance, maintenance,
Also deduct income from assets that indirectly represent
                                                                    and taxes.
premises, equipment, furniture, or fixtures reportable in
Schedule HC, item 6, ‘‘Premises and fixed assets.’’              (9) Cost of heat, electricity, water, and other utilities
                                                                    connected with the use of premises and fixed assets.
Include as expenses of premises and fixed assets:
                                                               (10) Cost of janitorial supplies and outside janitorial
 (1) Normal and recurring depreciation and amortiza-                services.
     tion charges against assets reportable in Sched-
     ule HC, item 6, ‘‘Premises and fixed assets,’’ includ-     (11) Fuel, maintenance, and other expenses related to
     ing capital lease assets, which are applicable to the          the use of bank holding company- or consolidated
     calendar year-to-date, whether they represent direct           subsidiary-owned automobiles, airplanes, and other
     reductions in the carrying value of the assets or              vehicles for bank holding company or consolidated
     additions to accumulated depreciation or amortiza-             subsidiaries’ business.
     tion accounts. Any method of depreciation or amor-
                                                               Exclude from expenses of premises and fixed assets:
     tization conforming to accounting principles that
     are generally acceptable for financial reporting           (1) Salaries and employee benefits (report such expenses
     purposes may be used. However, depreciation for               for all officers and employees of the bank holding
     premises and fixed assets may be based on the                  company and its consolidated subsidiaries in item 7(a),
     Accelerated Cost Recovery System (ACRS) used                  ‘‘Salaries and employee benefits’’).

FR Y-9C                                                                                                             HI-15
Schedule HI   June 2011
Schedule HI



(2) Interest on mortgages, liens, or other encumbrances        its new accounting basis. Subsequent reversal of a previ-
    on premises or equipment owned, including the              ously recognized goodwill impairment loss is prohibited
    portion of capital lease payments representing inter-      once the measurement of that loss is completed.
    est expense (report in item 2(c), ‘‘Interest on trading
    liabilities and other borrowed money’’).                   Goodwill of a reporting unit must be tested for impair-
                                                               ment annually and between annual tests if an event
(3) All expenses associated with other real estate owned       occurs or circumstances change that would more likely
    (report in item 7(d), ‘‘Other noninterest expense’’).      than not reduce the fair value of a reporting unit below its
(4) Gross rentals from other real estate owned and fees        carrying amount. Examples of such events or circum-
    charged for the use of parking lots properly reported      stances include a significant adverse change in the busi-
    as other real estate owned, as well as safe deposit box    ness climate, unanticipated competition, a loss of key
    rentals and rental fees applicable to operating leases     personnel, and an expectation that a reporting unit or a
    for furniture and equipment rented to others (report       significant portion of a reporting unit will be sold or
    in item 5(l), ‘‘Other noninterest income’’).               otherwise disposed of. In addition, goodwill must be
                                                               tested for impairment after a portion of goodwill has been
Line Item 7(c)(1)     Goodwill impairment losses.              allocated to a business to be disposed of.
Report any impairment losses recognized during the             When a reporting unit is to be disposed of in its entirety,
period on goodwill (as defined for Schedule HC,                 goodwill of that reporting unit must be included in the
item 10(a)). Exclude goodwill impairment losses associ-        carrying amount of the reporting unit in determining the
ated with discontinued operations (report such losses on a     gain or loss on disposal. When a portion of a reporting
net-of-tax basis in Schedule HI, item 11, ‘‘Extraordinary      unit that constitutes a business is to be disposed of,
items and other adjustments, net of applicable taxes’’).       goodwill associated with that business must be included
                                                               in the carrying amount of the business in determining the
Impairment losses on goodwill should be tested at the
                                                               gain or loss on disposal. Otherwise, a bank holding
consolidated bank holding company level in accordance
                                                               company may not remove goodwill from its balance
with ASC Topic 350, Intangibles-Goodwill and Other
                                                               sheet, for example, by ‘‘selling’’ or ‘‘dividending’’ this
(formerly FASB Statement No. 142, Goodwill and Other
                                                               asset to its parent holding company or another affiliate.
Intangible Assets), if there is impairment losses at a
subsidiary level using the subsidiary’s reporting units. If
goodwill impairment loss is recognized at a subsidiary         Line Item 7(c)(2) Amortization expense and
level, then goodwill of the reporting unit or units (at the    impairment losses for other intangible assets.
higher consolidated level) in which the subsidiary’s
reporting unit with impaired goodwill resides must be          Report the amortization expense of and any impairment
tested for impairment if the events or conditions that gave    losses on ‘‘Other intangible assets’’ (as defined for Sched-
rise to the loss at the subsidiary level would more likely     ule HC, item 10(b)). Under ASC Topic 350, Intangibles-
than not reduce the fair value of the reporting unit (at the   Goodwill and Other (formerly FASB Statement No. 142,
higher consolidated level) below its carrying amount.          Goodwill and Other Intangible Assets), intangible assets
Only if goodwill at that higher-level reporting unit is        that have indefinite useful lives should not be amortized
impaired would a goodwill impairment loss be recog-            but must be tested at least annually for impairment.
nized at the consolidated level.                               Intangible assets that have finite useful lives must be
                                                               amortized over their useful lives and must be reviewed
Goodwill is considered impaired when the amount of             for impairment in accordance with ASC Topic 360,
goodwill exceeds its implied fair value at the reporting       Property, Plant, and Equipment (formerly FASB State-
unit level. If the carrying amount of reporting unit           ment No. 144, Accounting for the Impairment of Long-
goodwill exceeds its implied fair value, an impairment         Lived Assets).
loss must be recognized in earnings in an amount equal to
that excess and reported in this item. The loss recognized     Exclude the amortization expense of and any impairment
cannot exceed the carrying amount of the reporting unit’s      losses on servicing assets, which should be netted against
goodwill. After a goodwill impairment loss is recog-           the servicing income reported in Schedule HI, item
nized, the adjusted carrying amount of goodwill shall be       5(f), ‘‘Net servicing fees,’’ above.

HI-16                                                                                                               FR Y-9C
                                                                                                     Schedule HI   June 2011
Schedule HI



Line Item 7(d)      Other noninterest expense.                    officers’ liability insurance, and life insurance poli-
Report all operating expenses of the bank holding com-            cies for which the bank holding company or its
pany for the calendar year-to-date not required to be             consolidated subsidiaries are the beneficiary.
reported elsewhere in Schedule HI. Disclose in Schedule       (3) Federal deposit insurance and Comptroller of the
HI, Memoranda items 7(a) through 7(n), each component             Currency assessment expense net of all assessment
of other noninterest expense, and the dollar amount of            credits during the period.
such component, that is greater that $25,000 and exceeds
3 percent of the other noninterest expense reported in this   (4) Legal fees and other direct costs incurred in connec-
item. If net gains have been reported in this item for a          tion with foreclosures and subsequent noninterest
component of ‘‘Other noninterest expense,’’ use the               expenses related to holdings of real estate owned
absolute value of such net gains to determine whether the         other than bank holding company (or its consoli-
amount of the net gains is greater than $25,000 and               dated subsidiaries) premises (including deprecia-
exceeds 3 percent of ‘‘Other noninterest expense’’ and            tion charges or other write-downs if prescribed
should be reported in Schedule HI, Memoranda item 7.              by law or by regulatory agencies or if otherwise
(The absolute value refers to the magnitude of the dollar         appropriate).
amount without regard to whether the amount represents        (5) Sales taxes, taxes based on the number of shares
net gains or net losses.) Preprinted captions have been           of bank holding company stock outstanding, taxes
provided in Memoranda items 7(a) through 7(k) for                 based on the consolidated bank holding company’s
reporting the following components of other noninterest           total assets or total deposits, taxes based on the
expense if the component exceeds this disclosure thresh-          bank’s gross revenues or gross receipts, capital
old: data processing expenses; advertising and marketing          stock taxes, and other taxes not included in other
expenses; directors’ fees; printing, stationery, and sup-         categories of expense. Exclude any foreign, state,
plies; postage; legal fees and expenses; FDIC deposit             and local taxes based on a net amount of revenues
insurance assessments; accounting and auditing expenses;          less expenses (report as applicable income taxes in
consulting and advisory expenses; automated teller                item 9 or include as applicable income taxes on
machine (ATM) and interchange expenses; and telecom-              extraordinary items in item 12, as appropriate).
munications expenses. For each component of other
noninterest expense that exceeds this disclosure threshold    (6) Cost of data processing services performed for the
for which a preprinted caption has not been provided              consolidated bank holding company by others.
describe the component with a clear but concise caption
in Schedule HI, Memoranda items 7(l) through 7(n).            (7) Advertising, promotional, public relations, and
These descriptions should not exceed 50 characters in             business development expenses. Also include the
length (including spacing between words).                         cost of athletic activities in which officers and
                                                                  employees participate when the purpose may be
For disclosure purposes in Schedule HI, memoranda                 construed to be for public relations with employee
items 7(a) through 7(k), when components of “Other                benefits only incidental to the activities.
noninterest expense” reflect a single charge for separate
“bundled services” provided by third party vendors,           (8) Costs of gifts or premiums (whether in the form
disclose such amounts in the item with the preprinted             of merchandise, credit, or cash) given to depositors
caption that most closely describes the predominant type          at the time of the opening of a new account or an
of expense incurred, and this categorization should be            addition to, or renewal of, an existing account.
used consistently over time.                                  (9) Fees levied by deposit brokers that are, in sub-
Include as other noninterest expense:                             stance, retainer fees or that otherwise do not repre-
                                                                  sent an adjustment to the interest rate paid on
 (1) Fees paid to directors and advisory directors for
                                                                  deposits the reporting bank acquires through bro-
     attendance at board of directors or committee meet-
                                                                  kers. However, report as interest expense on the
     ings (including travel and expense allowances).
                                                                  appropriate category of deposits those finders’ fees
 (2) Premiums on fidelity insurance (blanket bond,                 and brokers’ fees that do represent an adjustment to
     excess employee dishonesty bond), directors’ and             the interest rate paid on brokered deposits.

FR Y-9C                                                                                                           HI-17
Schedule HI   June 2011
Schedule HI



(10) Research and development costs and costs incurred             pany’s loans or other assets, including charged-off
     in the internal development of computer software.             loans or other charged-off assets.
(11) Net losses (gains) from all transactions involving       (24) Expenses (except salaries) related to handling credit
     foreign currency or foreign exchange other than               card or charge sales received from merchants when
     trading transactions. Bank holding companies                  the bank holding company or its consolidated sub-
     should consistently report these net losses (gains)           sidiaries do not carry the related loan accounts on
     either in this item or in Schedule HI, item 5(l)              its books. Bank holding companies are also permit-
     above.                                                        ted to net these expenses against their charges to
                                                                   merchants for the bank holding company’s han-
(12) Charges resulting from litigation or other claims.            dling of these sales reported in item 5(l) above.
(13) Charitable contributions including donations by          (25) The cost of newspapers and magazines of the bank
     Clifford Trusts.                                              holding company or its consolidated subsidiaries
(14) Retainer fees, legal fees, and other fees and expenses        prepared for distribution to bank officers and
     paid to attorneys who are not officers or employees           employees or to others.
     of the bank holding company or its consolidated          (26) Depreciation expense of furniture and equipment
     subsidiaries.                                                 rented to others under operating leases.
(15) Office supplies purchased, printing, and postage.        (27) Cost of checks provided to depositors.
(16) Telecommunications expenses, including any               (28) Amortization expense of purchased computer soft-
     expenses associated with telephone, telegraph,                ware and of the costs of computer software to be
     cable, and internet services (including web page              sold, leased, or otherwise marketed capitalized in
     maintenance).                                                 accordance with the provision of ASC Subtopic
                                                                   985-20, Software – Costs of Software to Be Sold,
(17) Examination and other fees levied by the Federal              Leased or Marketed (formerly FASB Statement
     Reserve.                                                      No. 86, Accounting for the Cost of Computer
(18) Net tellers’ shortages, forged check losses, losses           Software to Be Sold, Leased, or Otherwise Mar-
     on payment of checks over stop payment orders,                keted).
     losses from counterfeit money, and similar recur-        (29) Net losses (gains) on nonhedging derivative instru-
     ring operating losses of this type.                           ments held for purposes other than trading. Bank
(19) Losses from robberies, defalcations, and other                holding companies should consistently report these
     criminal acts not covered by the consolidated bank            net losses (gains) either in this item or in Sched-
     holding company’s blanket bond.                               ule HI, item 5(l). For further information, see the
                                                                   Glossary entry for ‘‘derivative contracts.’’
(20) Travel and entertainment expenses, including costs
     incurred by officers and employees of the bank           (30) Net tellers’ shortages (overages), net losses (recov-
     holding company or its consolidated subsidiaries              eries) on forged checks, net losses (recoveries) on
     for attending meetings and conventions.                       payment of checks over stop payment orders, and
                                                                   similar recurring operating losses (gains) of this
(21) Dues, fees, and other expenses associated with                type. Bank holding companies should consistently
     memberships in country clubs, social or private               report these losses (gains) either in this item or in
     clubs, civic organizations, and similar clubs and             Schedule HI, item 5(l).
     organizations.
                                                              (31) Benefit, losses and expenses from insurance-related
(22) Civil money penalties and fines.                               activities. (Also report separately in Schedule HI,
                                                                   memorandum item 12(c)).
(23) All service charges, commissions, and fees levied
     by others for the repossession of assets and the         (32) Provision for credit losses on off-balance sheet
     collection of the consolidated bank holding com-              credit exposures.

HI-18                                                                                                             FR Y-9C
                                                                                                   Schedule HI   June 2011
Schedule HI



(33) Net losses (gains) from the extinguishment of                 or its consolidated subsidiaries, airplanes, and other
     liabilities (debt), including losses resulting from the       vehicles for bank holding company (or its consoli-
     payment of prepayment penalties on borrowings                 dated subsidiaries) business (report in item 7(b),
     such as Federal Home Loan Bank advances. How-                 ‘‘Expenses on premises and fixed assets, net of rental
     ever, if a bank holding company’s debt extinguish-            income’’).
     ments normally result in net gains over time, then
                                                               (4) Write-downs of the cost basis of individual held-
     the bank should consistently report its net gains
                                                                   to-maturity and available-for-sale securities for
     (losses) in Schedule HI, item 5(l), ‘‘Other noninter-
                                                                   other than temporary impairments (report in Sched-
     est income.’’
                                                                   ule HI, item 6(a), ‘‘Realized gains (losses) on held-
(34) Fees for accounting, auditing, and attestation ser-           to-maturity securities,’’ and item 6(b), ‘‘Realized
     vices, retainer fees, and other fees and expenses             gains (losses) on available-for-sale securities,’’
     paid to accountants and auditors who are not bank             respectively).
     holding company officers or employees.
                                                               (5) Revaluation adjustments to the carrying value of all
(35) Fees for consulting and advisory services, retainer           assets and liabilities reported in Schedule HC at fair
     fees, and other fees and expenses paid to manage-             value under a fair value option. Bank holding compa-
     ment consultants, investment advisors, and other              nies should report these net decreases (increases) in
     professionals (other than attorneys providing legal           fair value on trading assets and liabilities in Schedule
     services and accountants providing accounting,                HI, item 5(c); on servicing assets and liabilities in
     auditing, and attestation services) who are not bank          Schedule HI, item 5(f); and on other financial assets
     holding company officers or employees.                        and liabilities in Schedule HI, item 5(l). Contractual
(36) Automated teller machine (ATM) and interchange                amounts of interest income earned and interest
     expenses from bank card and credit card transac-              expense incurred on these financial assets and liabili-
     tions.                                                        ties should be excluded from the net decreases
                                                                   (increases) in fair value and reported in the appropri-
Exclude from other noninterest expense:                            ate interest income or interest expense items on
(1) Material expenses incurred in the issuance of sub-             Schedule HI.
    ordinated notes and debentures (capitalize such
    expenses and amortize them over the life of the            Line Item 7(e)     Total noninterest expense.
    related notes and debentures and report the expense        Report the sum of items 7(a) through 7(d).
    in item 2(d) ‘‘Interest on subordinated notes
    and debentures and on mandatory convertible                Line Item 8 Income (loss) before income taxes,
    securities’’), and material expenses incurred in the       extraordinary items, and other adjustments.
    issuance of notes payable to unconsolidated special
    purpose entities that issue trust preferred securities     Report the consolidated bank holding company’s pretax
    (capitalize such expenses and amortize them over the       operating income. This amount will generally be deter-
    life of the related notes payable and report the           mined by taking item 3, ‘‘Net interest income,’’ minus
    expense in item 2(e), ‘‘Other interest expense’’).         item 4, ‘‘Provision for loan and lease losses,’’ plus
                                                               item 5(m), ‘‘Total noninterest income,’’ plus or minus
(2) Expenses incurred in the sale of preferred and com-        item 6(a), ‘‘Realized gains (losses) on held-to-maturity
    mon stock. (Deduct such expenses from the sale             securities,’’ plus or minus item 6(b), ‘‘Realized gains
    proceeds and credit the net amount to the appropriate      (losses) on available-for-sale securities,’’ minus item 7(e),
    stock account. For perpetual preferred and common          ‘‘Total noninterest expense.’’ If the result is negative,
    stock only, report the net sales proceeds in Sched-        report with a minus (-) sign.
    ule HI-A, item 5(a), ‘‘Sale of perpetual preferred
    stock, gross’’ and item 6(a), ‘‘Sale of common stock,      Line Item 9     Applicable income taxes (on item 8).
    gross’’ as appropriate.)
                                                               Report the total estimated federal, state and local, and
(3) Depreciation and other expenses related to the use of      foreign income tax expense applicable to item 8, ‘‘Income
    automobiles owned by the bank holding company              (loss) before income taxes and extraordinary items and

FR Y-9C                                                                                                              HI-19
Schedule HI   June 2011
Schedule HI



other adjustments,’’ including the tax effects of gains       (3) Schedule HI-A, item 12, ‘‘Other comprehensive
(losses) on securities not held in trading accounts (i.e.,        income.’’
available-for-sale securities and held-to-maturity securi-
ties). Include both the current and deferred portions of      Line Item 10 Income (loss) before extraordinary
these income taxes. If the amount is a tax benefit rather      items and other adjustments.
than tax expense, report with a minus (-) sign.               Report the difference between item 8, ‘‘Income (loss)
                                                              before income taxes and extraordinary items and other
Include as applicable income taxes all taxes based on a
                                                              adjustments’’ and item 9, ‘‘Applicable income taxes (on
net amount of taxable revenues less deductible expenses.
                                                              item 8).’’ If the amount is negative, report with a minus
Exclude from applicable income taxes all taxes based on       (-) sign.
gross revenues or gross receipts (report such taxes in
item 7(d), ‘‘Other noninterest expense’’).                    Line Item 11 Extraordinary items and other
                                                              adjustments, net of applicable income taxes.
Include income tax effects of changes in tax laws or rates.
Also include the effect of changes in the valuation           Report the total of the transactions listed below, if any,
allowance related to deferred tax assets resulting from a     net of any applicable income taxes (including federal,
change in estimate of the realizability of deferred tax       state and local, and foreign taxes). If the amount reported
assets, excluding the effect of any valuation allowance       in this item is a net loss, report with a minus (-) sign.
changes related to unrealized holding gains (losses) on
                                                              Include as extraordinary items and other adjustments:
available-for-sale securities that are charged or credited
directly to the separate component of equity capital for      (1) The material effects of any extraordinary items.
‘‘Accumulated other comprehensive income’’ (Sched-                Extraordinary items are very rare and the criteria
ule HC, item 26(b)).                                              which must be satisfied in order for an event or
                                                                  transaction to be reported as an extraordinary item
Include tax benefits from operating loss carrybacks real-          are discussed in the Glossary entry for ‘‘extraor-
ized during the reporting period. If the consolidated             dinary items.’’
bank holding company has realized tax benefits from
operating loss carryforwards during the reporting period,     (2) Material aggregate gains on troubled debt restructur-
do not net the dollar amount of these benefits against             ings of the consolidated bank holding company’s
the income taxes which would be applicable to item 8,             own debt, as determined in accordance with the
‘‘Income (loss) before income taxes and extraordinary             provisions of ASC Subtopic 470-60, Debt – Troubled
items and other adjustments.’’ Report the dollar amount           Debt Restructurings by Debtors (formerly FASB
of income taxes applicable to item 8 in this item and             Statement No. 15, Accounting by Debtors and Credi-
report the realized tax benefits of operating loss carry-          tors for Troubled Debt Restructurings).
forwards gross in item 12, ‘‘Extraordinary items, net of      (3) The cumulative effect of all changes in accounting
applicable taxes and minority interest.’’                         principles except those required to be reported in
                                                                  Schedule HI-A, item 2, ‘‘Cumulative effect of changes
Also include the dollar amount of any material adjust-
                                                                  in accounting principles and corrections of material
ments or settlements reached with a taxing authority
                                                                  accounting errors.’’ Refer to the Glossary entry for
(whether negotiated or adjudicated) relating to disputed
                                                                  ‘‘accounting changes’’ for further discussion of
income taxes of prior years.
                                                                  changes in accounting principles.
Exclude the estimated federal, state and local, and for-      (4) The results of discontinued operations as determined
eign income taxes applicable to:                                  in accordance with the provisions of ASC Topic 360,
(1) Item 11, ‘‘Extraordinary items and other adjustments,         Property, Plant, and Equipment (formerly FASB
    net of income taxes.’’                                        Statement No. 144, Accounting for the Impairment of
                                                                  Long-Lived Assets).
(2) Schedule HI-A, item 2, ‘‘Cumulative effect of changes
                                                              Exclude from extraordinary items and other adjustments:
    in accounting principles and corrections of material
    accounting errors.’’                                      (1) Net gains or losses on sales or other disposals of:

HI-20                                                                                                              FR Y-9C
                                                                                                    Schedule HI   June 2011
Schedule HI



    (a) All assets reportable as loans and leases in Sched-   amount reported in this item is a net loss, report with a
        ule HC-C.                                             minus (-) sign.
    (b) Premises and fixed assets.                             Line Item 14 Net income (loss) attributable to
                                                              bank bank holding company.
    (c) Other real estate owned.
                                                              Report Schedule HI, item 12 less item 13. If this amount
    (d) Personal property acquired for debts previously       is a net loss, report with a minus (-) sign.
        contracted (such as automobiles, boats, equip-
        ment and appliances).                                 Memoranda
    (e) Coins, art, and other similar assets.                 Line Item M1 Net interest income (item 3 above)
                                                              on a fully taxable equivalent basis.
     (f) Branches (i.e., where the consolidated bank hold-
                                                              Report net interest income (Schedule HI, item 3 above)
         ing company sells a branch’s assets to another       on a fully taxable equivalent basis. The amount reported
         depository institution which assumes the deposit     in this item should reflect what net interest income of the
         liabilities of the branch).                          reporting bank holding company would be if all its
        For the first five categories above, bank holding       interest income was subject to federal and state income
        companies should report net gains (losses) in the     taxes.
        appropriate category of ‘‘Noninterest income’’ in     The following accounts on which the interest income is
        Schedule HI, item 5. For the final category above,     fully or partially tax-exempt, should be adjusted to a
        bank holding companies should consistently            ‘‘taxable equivalent’’ basis in order that the holding
        report net gains (losses) from branch sales as        company can compute its net interest income on a fully
        ‘‘Other noninterest income’’ in Schedule HI, item     taxable equivalent basis:
        5(l), or as ‘‘Other noninterest expense’’ in Sched-   (1) interest income on tax-exempt obligations (other than
        ule HI, item 7(d).                                         securities) of states and political subdivisions in the
(2) Write-downs of the cost basis of individual held-              U.S. (included in Schedule HI, item 1(a));
    to-maturity and available-for-sale securities for         (2) income on tax-exempt securities issued by states and
    other than temporary impairments (report in Sched-             political subdivisions in the U.S. (included in Sched-
    ule HI, item 6(a), ‘‘Realized gains (losses) on                ule HI, item 1(d)(3));
    held-to-maturity securities,’’ and item 6(b), ‘‘Real-     (3) income on lease financing receivables that is tax-
    ized gains (losses) on available-for-sale securities,’’        exempt (included in Schedule HI, item 1(b)); and
    respectively).
                                                              (4) any other interest income (such as interest income
                                                                   earned on loans to an Employee Stock Ownership
Line Item 12 Net income (loss) attributable to                     Plan), which under state or federal laws is partially or
bank holding company and noncontrolling                            in its entirety exempt from income taxes.
(minority) interests.
                                                              The changes to the 1986 Tax Reform Act must be taken
Report the sum of Schedule HI, items 10 and 11. If this       into consideration when computing net interest income
amount is a net loss, report with a minus (-) sign.           on a fully taxable equivalent basis. The 1986 Act, in
                                                              general, disallowed 100% of the interest expense allo-
Line Item 13 LESS: Net income (loss)                          cable to tax-exempt obligations acquired after August 7,
attributable to noncontrolling (minority) interests.          1986. Previous to that date, and after December 31, 1982,
                                                              the disallowance percentage was 20%; previous to Decem-
Report that portion of consolidated net income reported       ber 31, 1982, the disallowance was 0%.
in Schedule HI, item 12, above, attributable to noncon-
trolling interests of subsidiaries of the bank holding        Line Item M2 Net income before income taxes,
company. A noncontrolling interest, also called a minor-      extraordinary items, and other adjustments (item 8
ity interest, is the portion of equity in a bank holding      above) on a fully taxable equivalent basis.
company’s subsidiary not attributable, directly or            Report net income before income taxes, extraordinary
indirectly, to the parent bank holding company. If the        items, and other adjustments (item 8 above) on a fully

FR Y-9C                                                                                                             HI-21
Schedule HI   June 2011
Schedule HI



taxable equivalent basis. The amount reported in this        may be expected to work more or less than 40 hours each
item should reflect what net income of the reporting bank     week, depending on the policies of the reporting bank
holding company would be if all its income was subject       holding company.)
to federal and state income taxes. For purposes of this
item, include net interest income on a fully taxable         Line Item M6 Other noninterest income (only
equivalent basis as reported in memoranda item 1 above       report amounts greater than $25,000 that exceed
plus all other income and expense adjusted to reflect the     3% of Schedule HI, item 5(l)).
holding company’s net income on a fully taxable equiva-      Disclose in memoranda items 6(a) through 6(k) each
lent basis.                                                  component of Schedule HI, item 5(l), “Other noninterest
                                                             income,” and the dollar amount of such component, that
Line Item M3 Income on tax-exempt loans and                  is greater than $25,000 and exceeds 3 percent of the
leases to states and political subdivisions in the U.S.      “Other noninterest income.”
(included in items 1(a) and 1(b) above).
                                                             Preprinted captions have been provided for the following
Report the bank holding company’s best estimate of the       categories of “Other noninterest income”:
income from all tax-exempt loans and leases extended
to states and political subdivisions in the U.S. that is     • M6(a), “Income and fees from the printing and sale of
included in items 1(a) and 1(b) above.                         checks,”
Tax-exempt loans and leases are those loans and leases to    • M6(b), “Earnings on/increase in value of cash surren-
states and political subdivisions in the U.S. whose income     der value of life insurance,”
is excludable from gross income for federal income tax       • M6(c), “Income and fees from automated teller
purposes, regardless of whether the income from the loan       machines (ATMs),”
or lease must be included in the bank holding company’s
alternative minimum taxable income and regardless of         • M6(d), “Rent and other income from other real estate
the federal income tax treatment of the expense incurred       owned,”
to carry the loan or lease.                                  • M6(e), “Safe deposit box rent,”
Line Item M4 Income on tax-exempt securities                 • M6(f), “Net change in the fair values of financial
issued by states and political subdivisions in the U.S.        instruments accounted for under a fair value option,”
(included in item 1(d)(3) above).                              and
Report the bank holding company’s best estimate of the       • M6(g), “Bank card and credit card interchange fees.”
income from all tax-exempt securities issued by states       • M6(h), “Gains on bargain purchases.”
and political subdivisions in the U.S. that is included in
item 1(d)(3) above.                                          For other components of “Other noninterest income” that
                                                             exceed the disclosure threshold, list and briefly describe
Line Item M5 Number of full-time equivalent                  these components in memoranda items 6(i) through 6(k).
employees at end of current period.
                                                             For components of ‘‘Other noninterest income’’ that
Report the number of full-time equivalent employees on       reflect a single credit for separate ‘‘bundled services’’
the payroll of the bank holding company and its consoli-     provided through third party vendors, disclose such
dated subsidiaries as of the report date.                    amounts in the item that most closely describes the
                                                             predominant type of income earned, and this categoriza-
To convert the number of part-time employees to full-
                                                             tion should be used consistently over time.
time equivalent employees, add the total number of hours
all part-time and temporary employees worked during the      If net losses have been reported in Schedule HI, item 5(l),
quarter ending on the report date and divide this amount     for a component of ‘‘Other noninterest income,’’ use the
by the number of hours a full-time employee would have       absolute value of such net losses to determine whether
been expected to work during the quarter. Round the          the amount of the net losses is greater than $25,000 and
result to the nearest whole number and add it to the         exceeds 3 percent of ‘‘Other noninterest income’’ and
number of full-time employees. (A full-time employee         should be reported in this item. (The absolute value refers

HI-22                                                                                                             FR Y-9C
                                                                                                   Schedule HI   June 2011
Schedule HI



to the magnitude of the dollar amount without regard to         For other components of “Other noninterest expense”
whether the amount represents net gains or net losses.) If      that exceed the disclosure threshold, list and briefly
net losses are reported in this item, report with a minus (-)   describe these components in memoranda items 7(l)
sign. A sample of the types of items that may require           through 7(n).
disclosure has been included in the instructions to
                                                                For components of “Other noninterest expense” that
item 5(l) above. The description of each item reported in
                                                                reflect a single charge for separate “bundled services”
memoranda items 6(i) through 6(k) should be reported in
                                                                provided by third-party vendors, disclose such amounts
the area marked as ‘‘text’’ on the report form in a clear
                                                                in the item that most closely describes the predominant
and concise manner and limited to 132 characters per
                                                                type of expense incurred, and this categorization should
item (including punctuation and spaces). Do not use
                                                                be used consistently over time.
words such as ‘‘miscellaneous’’ or ‘‘other’’ to describe
these items. The dollar amount should be reported in the        Do not itemize ‘‘Benefits, losses, and expenses from
adjacent column on the right. If there are no reportable        insurance-related activities.’’ These amounts are reported
amounts for memoranda items 6(i) through 6(k), then             separately in Schedule HI, memorandum item 12(c).
these items should be left blank.
                                                                If net gains have been reported in this item for a
                                                                component of ‘‘Other noninterest expense,’’ use the
Line Item M7 Other noninterest expense (only                    absolute value of such net gains to determine whether the
report amounts greater than $25,000 that exceed                 amount of the net gains is greater than $25,000 and
3% of the sum of Schedule HI, item 7(d)).                       exceeds 3 percent of ‘‘Other noninterest expense’’ and
                                                                should be reported in this item. (The absolute value refers
Disclose in memoranda items 7(a) through 7(n) each              to the magnitude of the dollar amount without regard to
component of Schedule HI, item 7(d), “Other noninterest         whether the amount represents net gains or net losses.) If
expense,” and the dollar amount of such component, that         net gains are reported in this item, report with a minus (-)
is greater than $25,000 and exceeds 3 percent of the            sign. A sample of the types of items that may require
‘‘Other noninterest expense.’’                                  disclosure has been included in the instructions to
                                                                item 7(d) above. The description of each item reported in
Preprinted captions have been provided for the following        memoranda items 7(l) through 7(n) should be reported in
categories of “Other noninterest expense”:                      the area marked as ‘‘text’’ on the report form in a clear
• M7(a), “Data processing expenses,”                            and concise manner and limited to 132 characters per
                                                                item (including punctuation and spaces). Do not use
• M7(b), “Advertising and marketing expenses,”                  words such as ‘‘miscellaneous’’ or ‘‘other’’ to describe
• M7(c), “Directors’ fees,”                                     these items. The dollar amount should be reported in the
                                                                adjacent column on the right. If there are no reportable
• M7(d), “Printing, stationery, and supplies,”                  amounts for memoranda items 7(l) through 7(n), then
• M7(e), “Postage,”                                             these items should be left blank.
• M7(f), “Legal fees and expenses,”
                                                                Line Item M8      Extraordinary items and other
• M7(g), “FDIC deposit insurance assessments,”
                                                                adjustments.
• M7(h), “Accounting and auditing expenses,”
                                                                List and briefly describe in items M8(a) through M8(c)
• M7(i), “Consulting and advisory expenses,”                    below each extraordinary item or adjustment included in
                                                                item 11, ‘‘Extraordinary items and other adjustments, net
• M7(j), “Automated teller machine (ATM) and inter-
                                                                of income taxes’’ below. However, each item should be
  change expenses,” and
                                                                reported separately, gross of income taxes and the income
• M7(k), “Telecommunications expenses.”                         tax effect separately reported, as indicated.
Include in “Telecommunications expenses” any expenses           If an extraordinary item or other adjustment is a loss or
associated with telephone, cable, and internet services         otherwise reduces the bank holding company’s income,
(including web page maintenance).                               report with a minus (-) sign. If an applicable income tax

FR Y-9C                                                                                                               HI-23
Schedule HI   June 2011
Schedule HI



effect is a tax benefit (rather than a tax expense), report      Line Item M9(b)       Foreign exchange exposures.
with a minus (-) sign.
                                                                Report in this item net gains (losses) from trading cash
                                                                instruments and derivative contracts that the reporting
Line Item M9 Trading revenue (from cash                         bank holding company manages as foreign exchange
instruments and derivative instruments).                        exposures. Foreign exchange exposures may arise from
Memorandum items 9(a) through 9(e) are to be com-               cash instruments (e.g., debt securities) denominated in
pleted by bank holding companies that reported average          non-U.S. currencies and foreign exchange rate contracts.
trading assets (in Schedule HC-K, item 4(a)) of $2              Foreign exchange rate contracts are those contracts to
million or more for any quarter of the preceding calendar       purchase foreign (non-U.S.) currencies and U.S. dollar
year. Memorandum items 9(f) and 9(g) are to be com-             exchange in the forward market (i.e., on an organized
pleted by bank holding companies with $100 billion or           exchange or in an over-the-counter market). A purchase
more in total assets.                                           of U.S. dollar exchange is equivalent to a sale of foreign
                                                                currency. Foreign exchange rate contracts include cross-
Report, in Memorandum items 9(a) through 9(e) below, a          currency interest rate swaps where there is an exchange
breakdown of trading revenue that has been included in          of principal, forward and spot foreign exchange con-
the body of the income statement in Schedule HI, item           tracts, and currency futures and currency options.
5(c). For each of the four types of underlying risk
exposure, report the combined revenue (net gains and            Line Item M9(c)       Equity security and index
losses) from trading cash instruments and derivative            exposures.
instruments. For purposes of Memorandum item 9, the
reporting bank holding company should determine the             Report in this item net gains (losses) from trading cash
underlying risk exposure category in which to report the        instruments and derivative contracts that the reporting
trading revenue from cash instruments and derivative            bank holding company manages as equity security and
instruments in the same manner that the bank holding            index exposures. Equity security or index exposures may
company makes this determination for other financial             arise from equity securities and equity security or index
reporting purposes. The sum of Memorandum items 9(a)            (i.e., equity derivative) contracts. Equity derivative con-
through 9(e) must equal Schedule HI, item 5(c).                 tracts are contracts that have a return, or a portion of their
                                                                return, linked to the price of a particular equity or to an
                                                                index of equity prices, such as the Standard and Poor’s
Line Item M9(a)      Interest rate exposures.
                                                                500.
Report in this item net gains (losses) from trading cash
instruments and derivative contracts that the reporting         Line Item M9(d)       Commodity and other exposures.
bank holding company manages as interest rate expo-             Report in this item net gains (losses) from trading cash
sures. Interest rate exposures may arise from cash debt         instruments and derivative contracts that the reporting
instruments (e.g., U.S. Treasury securities) and interest       bank holding company manages as commodity or other
rate contracts. Interest rate contracts are those contracts     exposures. Commodity or other exposures may arise
related to an interest-bearing financial instrument or           from commodities and commodity and other derivative
whose cash flows are determined by referencing interest          contracts not reported as interest rate, foreign exchange,
rates or another interest rate contract (e.g., an option on a   equity, or credit derivative contracts. Commodity and
futures contract to purchase a Treasury bill). Interest rate    other contracts are contracts that have a return, or a
contracts include single currency interest rate swaps,          portion of their return, linked to the price or to an index
basis swaps, forward rate agreements, and interest rate         of precious metals, petroleum, lumber, agricultural prod-
options, including caps, floors, collars, and corridors.         ucts, etc. Commodity and other contracts also include
Exclude trading revenue on contracts involving the              any other contracts that are not reportable as interest rate,
exchange of foreign currencies (e.g., cross-currency            foreign exchange, equity, or credit derivative contracts.
swaps and currency options) that the reporting bank
holding company manages as foreign exchange expo-               Line Item M9(e)       Credit exposures.
sures. Report such trading revenue in Memorandum                Report in this item net gains (losses) from trading cash
item 9(b).                                                      instruments and derivative contracts that the reporting

HI-24                                                                                                                  FR Y-9C
                                                                                                        Schedule HI   June 2011
Schedule HI



bank holding company manages as credit exposures.             account, regardless of whether the credit derivative is
Credit exposures may arise from cash debt instruments         designated as and qualifies as a hedging instrument under
(e.g., debt securities) and credit derivative contracts. In   generally accepted accounting principles. Credit expo-
general, credit derivative contracts are arrangements that    sures held outside the trading account include, for exam-
allow one party (the ‘‘beneficiary’’) to transfer the credit   ple, nontrading assets (such as available-for-sale securi-
risk of a ‘‘reference asset’’ or ″reference entity″ to        ties and loans held for investment) and unused lines of
another party (the ‘‘guarantor’’). Credit derivative con-     credit.
tracts include credit default swaps, total return swaps,
credit options, and other credit derivatives.
                                                              Line Item M10(a) Net gains (losses) on credit
Line Item M9(f) Impact on trading revenue of
                                                              derivatives held for trading.
changes in the creditworthiness of the bank holding
company’s derivatives counterparties on the bank              Report the net gains (losses) recognized in earnings on
holding company’s derivative assets (included in              credit derivatives held for trading (and reportable as
Memorandum items 9(a) through 9(e) above).                    trading assets or trading liabilities, as appropriate, in
                                                              Schedule HC, item 5 or item 15, respectively) that
Report in this item the amount included in the trading
                                                              economically hedge credit exposures held outside the
revenue reported in Schedule HI, Memorandum items
                                                              trading account. The net gains (losses) on credit deriva-
9(a) through 9(e), above that resulted from changes
                                                              tives reported in this item will also have been included as
during the calendar year-to-date in the bank holding
                                                              trading revenue in Schedule HI, Memorandum item 9(e),
company’s credit valuation adjustments (CVA). A CVA
                                                              ‘‘Credit exposures.’’
is the adjustment to the fair value of derivatives that
accounts for possible nonperformance of the bank hold-
ing company’s derivatives counterparties. It is an esti-
mate of the fair value of counterparty credit risk.           Line Item M10(b) Net gains (losses) on credit
                                                              derivatives held for purposes other than trading.
Line Item 9(g) Impact on trading revenue of
                                                              Report the net gains (losses) recognized in earnings on
changes in the creditworthiness of the bank holding
                                                              credit derivatives held for purposes other than trading
company on the bank holding company’s derivative
                                                              (and reportable as other assets or other liabilities, as
liabilities (included in Memorandum items 9(a)
                                                              appropriate, in Schedule HC, item 11 or item 20, respec-
through 9(e) above).
                                                              tively) that economically hedge credit exposures held
Report in this item the amount included in the trading        outside the trading account. Net gains (losses) on credit
revenue reported in Schedule HI, Memorandum items             derivatives held for purposes other than trading should
9(a) through 9(e), above that resulted from changes           not be reported as trading revenue in Schedule HI, item
during the calendar year-to-date in the bank holding          5(c).
company’s debit valuation adjustment (DVA). A DVA is
the adjustment to the fair value of derivatives that
accounts for possible nonperformance of the bank hold-        Line Item M11      Credit losses on derivatives.
ing company. It is an estimate of the fair value of the
bank holding company’s own credit risk to its counterpar-     Report the consolidated bank holding company’s year-to-
ties.                                                         date credit losses incurred on derivative contracts (as
                                                              defined for Schedule HC-L, items 7 and 11), net of
Line Item M10 Net gains (losses) recognized in                recoveries (e.g., net charge-offs). The amount reported in
earnings on credit derivatives that economically              this item should include all credit losses regardless of
hedge credit exposures held outside the trading               whether the consolidated bank holding company charged
account.                                                      such losses directly to income (e.g., trading revenue) or
                                                              to another account (e.g., allowance for credit losses on
Report in the appropriate subitem the net gains (losses)
                                                              derivatives).
recognized in earnings on credit derivatives that econom-
ically hedge credit exposures held outside the trading        Memorandum item 12(a) is to be completed by bank

FR Y-9C                                                                                                            HI-25
Schedule HI   June 2011
Schedule HI



holding companies with $1 billion or more in total                              (4) Fees for providing securities custody, transfer agent,
assets. 1                                                                            and other operational and ancillary services to mutual
                                                                                     funds and annuities that are sold on the premises of
                                                                                     the reporting bank holding company, or sold by the
Line Item M12(a) Income from the sale and                                            reporting bank holding company or its subsidiaries,
servicing of mutual funds and annuities (in                                          through a subsidiary, or by affiliated or unaffiliated
domestic offices).                                                                   entities from whom the bank holding company
                                                                                     reports income on a consolidated basis in the FR Y-9C
Report the amount of income earned by the reporting
                                                                                     at the time of the sale or over the duration of the
bank holding company during the calendar year-to-date                                account.
from the sale and servicing of mutual funds and annuities
(in domestic offices).                                                          Also include income from sales conducted through the
                                                                                reporting bank holding company’s trust department that
Include in this item:                                                           are not executed in a fiduciary capacity (e.g., trustee,
                                                                                executor, administrator, conservator) but exclude income
(1) Income earned in connection with mutual funds
                                                                                from sales conducted by the trust department that are
    and annuities that are sold on the premises of the
                                                                                executed in a fiduciary capacity.
    reporting bank holding company or its subsidiaries,
    or that are sold by the reporting bank holding com-                         In general, this income will have been included in
    pany, a subsidiary, or by affiliated or unaffiliated                        Schedule HI, item 5(d)(1), ‘‘Fees and commissions from
    entities from whom the reporting bank holding com-                          securities brokerage’’ (for mutual funds) and item 5(d)(3),
    pany reports income on a consolidated basis in the                          ‘‘Fees and commissions from annuity sales.’’ However,
    FR Y-9C. This income may be in the form of fees or                          income from leasing arrangements, or the portion thereof,
    sales commissions at the time of the sale or fees,                          that is fixed in amount and does not vary based on sales
    including a share of another entity’s fees, that are                        volume may have been reported as a deduction from
    earned over the duration of the account (e.g., annual                       Schedule HI, item 7(b), ‘‘Expenses of premises and fixed
                                                                                assets, net of rental income.’’ Thus, the income to be
    fees, Rule 12b-1 fees or ‘‘trailer fees,’’ and redemp-
                                                                                included in this item should be reported gross rather than
    tion fees). Commissions should be reported as income
                                                                                net of expenses incurred by the reporting bank holding
    as earned at the time of the sale (i.e., on an accrual
                                                                                company or a consolidated subsidiary.
    basis), but may be reported as income when payment
    is received if the results would not differ materially                      Exclude fees earned for providing securities custody,
    from those obtained using an accrual basis.                                 transfer agent, and other operational and ancillary services
                                                                                to third party mutual funds and annuities that are not sold
(2) Income that is reported on a consolidated basis in the                      on the premises of the reporting bank holding company
    FR Y-9C from leasing arrangements with affiliated                           or its consolidated subsidiaries and are not otherwise sold
    and unaffiliated entities who lease space in offices                        by the reporting bank holding company, through a sub-
    of the reporting bank holding company or its sub-                           sidiary, or by affiliated or unaffiliated entities from whom
    sidiaries for use in selling mutual funds and annui-                        the reporting bank holding company receives income at
    ties. Income from leasing arrangements should be                            the time of the sale or over the duration of the account.
    reported as income as earned (i.e., on an accrual
    basis), but may be reported as income when payment                          Line Item M12(b) Premiums.
    is received if the results would not differ materially                      Report in memoranda items 12(b)(1) and 12(b)(2) pre-
    from those obtained using an accrual basis.                                 mium revenues from the insurance and reinsurance
(3) Fees for providing investment advisory services for                         underwriting operations of the bank holding company
    mutual funds and annuities.                                                 and its affiliates. Do not include any commission and fee
                                                                                income from the sale of insurance products.
                                                                                Line Item M12(b)(1) Premiums on insurance
  1. This asset size test is determined based on the total assets reported in   related to the extension of credit.
the previous year’s June 30 FR Y-9C report. Once a bank holding com-
pany surpasses the $1 billion total asset threshold, it must continue to        Report the amount of premiums from insurance and
report this item regardless of subsequent changes in its total assets.          reinsurance underwriting reported in item 5(d)(4) above

HI-26                                                                                                                                FR Y-9C
                                                                                                                      Schedule HI   June 2011
Schedule HI



that were recognized on property, casualty, life, health,         Memorandum item 14 is to be completed by bank
accident, involuntary unemployment and other insurance            holding companies that have elected to account for
coverage related to an extension of credit or lease               assets and liabilities under a fair value option.
financing, e.g., credit life and mortgage insurance. Include
title insurance premiums, forced placed coverage, collat-         Line Item M14 Net gains (losses) recognized in
eral protection, and private mortgage insurance premi-            earnings on assets and liabilities that are reported
ums in this line item. Exclude all insurance and annuity          at fair value under a fair value option.
sales and referral fee revenue (reported in Schedule HI,          Report in the appropriate subitem the total amount of
line item 5(d)(5)).                                               pretax gains (losses) from fair value changes included in
                                                                  earnings during the calendar year to date for all assets
Line Item M12(b)(2)        All other insurance                    and liabilities accounted for at fair value under a fair
premiums.                                                         value option. If the amount to be reported is a net loss,
Report the amount of insurance premiums from insur-               report with a minus (-) sign. Disclosure of such gains
ance and reinsurance underwriting reported in item 5(d)(4)        (losses) is also required by ASC Subtopic 825-10, Finan-
above other than the credit-related insurance premiums            cial Instruments – Overall (formerly FASB Statement
reported in item M12(b)(1) above. Exclude all insurance           No. 159, Fair Value Option for Financial Assets and
and annuity sales and referral fee revenue (reported in           Financial Liabilities, paragraph 19 and C7(b)), and ASC
Schedule HI, line item 5(d)(5)).                                  Subtopic 860-50, Transfers and Servicing – Servicing
                                                                  Assets and Liabilities (formerly FASB Statement No.
                                                                  156, Accounting for Servicing of Financial Assets, para-
Line Item M12(c) Benefits, losses, and expenses                    graph 4(f)(1)(d)).
from insurance-related activities.
Report for insurance and reinsurance underwriting activi-         Line Item M14(a)      Net gains (losses) on assets.
ties current and future insurance benefits, interest cred-         Report the total amount of pretax gains (losses) from fair
ited to contract holders, policyholder dividends, amorti-         value changes included in earnings during the calendar
zation of deferred acquisition cost, claims and claims            year to date for all assets, including hybrid financial
adjustment expenses and any other operating expenses,             instruments and servicing assets, accounted for under a
excluding salaries and overhead expense (except salaries          fair value option. This amount will reflect the reported
and benefits expense included in claims adjustment                 interest included in total interest income in Schedule HI,
expense), which should be reported in item 7(a) above.            item 1(h), and revaluation adjustments included in nonin-
                                                                  terest income in Schedule HI, items 5(c), 5(f), and 5(l).
Line Item M13 Does the reporting bank holding                     Exclude gains and losses for other items measured at fair
company have a Subchapter S election in effect for                value, such as items required to be measured at fair value.
federal income tax purposes for the current tax
year? (Enter ‘‘1’’ for yes; enter ‘‘0’’ for no.)                  Line Item M14(a)(1) Estimated net gains (losses)
                                                                  on loans attributable to changes in
Indicate whether the bank holding company has elected,            instrument-specific credit risk.
for federal income tax purposes, an ‘‘S corporation’’
status, as defined in Internal Revenue Code Section 1361           For loans reported at fair value under a fair value option,
as of the report date. Enter ‘‘1’’ for yes; enter ‘‘0’’ for no.   report the estimated portion of the change in fair value
In order to be an S corporation, the bank holding com-            included in earnings attributable to changes in instrument-
pany must have a valid election with the Internal Reve-           specific credit risk. Include all such loans reported in
nue Service and obtain the consent of all of its sharehold-       Schedule HC, items 4(a), 4(b), and 5.
ers. In addition, the bank holding company must meet
                                                                  Line Item M14(b)       Net gains (losses) on liabilities.
specific criteria for federal income tax purposes at all
times during which the election remains in effect. These          Report the total amounts of pretax gains (losses) from
specific criteria include, for example, having no more             fair value changes included in earnings during the calen-
than 100 qualifying shareholders and having only one              dar year-to-date for all liabilities, including hybrid finan-
class of stock outstanding.                                       cial instruments and servicing liabilities, accounted for

FR Y-9C                                                                                                                 HI-27
Schedule HI   June 2011
Schedule HI



under a fair value option. This amount will reflect the       interest and fee income on loans in domestic offices
reported interest included in total interest expense in      (Schedule HI, item 1(a)(1)).
Schedule HI, item 2(f), and revaluation adjustments
included in noninterest income in Schedule HI, items         Negative amortization refers to a method in which a loan
5(c), 5(f), and 5(l). Exclude gains and losses for other     is structured so that the borrower’s minimum monthly (or
items measured at fair value, such as items required to be   other periodic) payment is contractually permitted to be
measured at fair value.                                      less than the full amount of interest owed to the lender,
                                                             with the unpaid interest added to the loan’s principal
Line Item M14(b)(1) Estimated net gains (losses)             balance. The contractual terms of the loan provide that if
on liabilities attributable to changes in                    the borrower allows the principal balance to rise to a
instrument-specific credit risk.                              pre-specified amount or maximum cap, the loan pay-
                                                             ments are then recast to a fully amortizing schedule.
For liabilities reported at fair value under a fair value    Negative amortization features may be applied to either
option, report the estimated portion of the change in fair   adjustable rate mortgages or fixed-rate mortgages, the
value included in earnings attributable to changes in        latter commonly referred to as graduated payment mort-
instrument-specific credit risk.                              gages (GPMs).
Line Item M15 Stock-based employee
compensation expense (net of tax effects) calculated
                                                             Line Item M17 Other-than-temporary impairment
for all awards under the fair value method.
                                                             losses on held-to-maturity and available-for-sale
Report the stock-based employee compensation cost, that      debt securities.
is included in Schedule HI, item 7(e), net of related tax
effects. This compensation cost includes employee stock      When the fair value of an individual held-to-maturity or
options expense, calculated using the fair value method      available-for-sale debt security is less than its amortized
applied to all awards in conformity with ASC Topic 718,      cost basis, the security is impaired and the impairment is
Compensation-Stock Compensation (formerly FASB               either temporary or other-than-temporary. To determine
Statement No. 123(R), Shared-Based Payment). Stock-          whether the impairment is other-than-temporary, a bank
based employee compensation plans include all arrange-       holding company must apply the relevant guidance in
ments by which employees receive shares of stock or          ASC Topic 320, Investments-Debt and Equity Securitites
other equity instruments of the employer or the employer     (formerly FASB Statement No. 115, Accounting for
incurs liabilities to employees in amounts based on the      Certain Investments in Debt and Equity Securities, as
price of the employer’s stock. Examples are stock pur-       amended by FASB Staff Position (FSP) FAS 115-1 and
chase plans, stock options, restricted stock, and stock      FAS 124-1, The Meaning of Other-Than-Temporary
appreciation rights.                                         Impairment and Its Application to Certain Investments,)
                                                             FSP FAS 115-2 and FAS 124-2, Recognition and Presen-
For purposes of reporting in this item, all awards refers    tation of Other-Than-Temporary Impairments; and ASC
to awards granted, modified, or settled in fiscal periods      Subtopic 325-40, Investments-Other – Beneficial Inter-
beginning after December 15, 1994.                           ests in Securitized Financial Assets (formerly Emerging
Memorandum item 16 is to be completed by bank                Issues Task Force (EITF) Issue No. 99-20, Recognition of
holding companies that are required to complete Sched-       Interest Income and Impairment on Purchased Beneficial
ule HC-C, Memorandum items 6(b) and 6(c).                    Interests and Beneficial Interests That Continue to Be
                                                             Held by a Transferor in Securitized Financial Assets; and
Line Item M16 Noncash income from negative                   as amended by FSP EITF 99-20-1, Amendments to the
amortization on closed-end loans secured by 1-4              Impairment Guidance of EITF Issue No. 99-20, as appro-
family residential properties.                               priate.
Report the amount of noncash income from negative            Report in the appropriate subitem the specified informa-
amortization on closed-end loans secured by 1-4 family       tion on other-than-temporary impairment losses on held-
residential properties (i.e., interest income accrued and    to-maturity and available-for-sale debt securities that
uncollected that has been added to principal) included in    have occurred during the calendar year to date.

HI-28                                                                                                             FR Y-9C
                                                                                                   Schedule HI   June 2011
Schedule HI



Line Item M17(a) Total other-than-temporary                  recognized in other comprehensive income. Report the
impairment losses.                                           portion of other-than-temporary impairment losses
                                                             included in Memorandum item 17.a above related to
When an other-than-temporary impairment loss has
                                                             factors other than credit that has been recognized in other
occurred on an individual debt security, the total amount
                                                             comprehensive income (before income taxes) during the
of the loss is the entire difference between the amortized
                                                             calendar year to date.
cost of the debt security and its fair value on the
measurement date of the other-than-temporary impair-         Exclude other-than-temporary impairment losses on debt
ment. Report the total other-than-temporary impairment       securities that the bank holding company intends to sell
losses on held-to-maturity and available-for-sale debt       and on debt securities that it is more likely than not that
securities recognized in earnings and other comprehen-       the bank holding company will be required to sell before
sive income during the calendar year to date.                recovery of its amortized cost basis less any current-
                                                             period credit loss, the entire amount of which must be
Line Item M17(b) Portion of losses recognized in             recognized in earnings.
other comprehensive income (before income taxes).
                                                             Line Item M17(c) Net impairment losses
When an other-than-temporary impairment loss has
                                                             recognized in earnings.
occurred on an individual debt security, if the bank
holding company does not intend to sell the security and     Report Schedule HI, Memorandum item 17(a), less
it is not more likely than not that the bank holding         Memorandum item 17(b), which represents the amount
company will be required to sell the security before         of other-than-temporary impairment losses on held-to-
recovery of its amortized cost basis less any current-       maturity and available-for-sale debt securities that has
period credit loss, the other-than-temporary impairment      been recognized in earnings during the calendar year to
loss must be separated into (a) the amount representing      date. This amount is included in the realized gains
the credit loss, which must be recognized in earnings, and   (losses) on held-to-maturity and available-for-sale secu-
(b) the amount related to all other factors, which must be   rities reported in Schedule HI, items 6(a) and 6(b).




FR Y-9C                                                                                                           HI-29
Schedule HI   June 2011
LINE ITEM INSTRUCTIONS FOR

Changes in Bank Holding Company
Equity Capital
Schedule HI-A



General Instructions                                           holding company reports pre-opening income and
                                                               expenses for other financial reporting purposes:
Total bank holding company equity capital includes
perpetual preferred stock, common stock, capital surplus,      (1) The net amount of pre-opening income and expenses
retained earnings, accumulated other comprehensive                 for the entire period from the bank holding compa-
income and other equity capital components such as                 ny’s inception until the date the bank holding com-
treasury stock and unearned Employee Stock Ownership               pany commenced operations should be reported in
Plan Shares. All amounts in Schedule HI-A, other than              the appropriate items of Schedule HI, each quarter
those reported in items 1, 3, and 12, should represent net         during the calendar year in which operations com-
aggregate changes for the calendar year-to-date. Report            menced; or
all net decreases and losses (net reductions of bank           (2) Pre-opening income and expenses for the period
holding company equity capital) with a minus (-) sign.             from the bank holding company’s inception until the
                                                                   beginning of the calendar year in which the bank
Line Item 1 Total bank holding company equity                      holding company commenced operations should be
capital most recently reported for the end of                      included, along with the bank holding company’s
previous calendar year.                                            opening (original) equity capital, in this item. The net
                                                                   amount of these pre-opening income and expenses
Report the consolidated bank holding company’s total               should be identified and described in ‘‘Notes to the
equity capital balance most recently reported for the              Income Statement.’’ Pre-opening income earned and
previous calendar year-end after the effect of all correc-         expenses incurred during the calendar year in which
tions and adjustments to total equity capital that were            the bank holding company commenced operations
made in any amended report(s) for the previous calendar            should be reported in the appropriate items of Sched-
year-end.                                                          ule HI, each quarter during the calendar year in
Do not enter the consolidated bank holding company’s               which operations commenced.
total equity capital ending balance from the Report of
                                                               Line Item 2 Cumulative effect of changes in
Income for the preceding quarter when preparing the
                                                               accounting principles and corrections of material
June 30, September 30, or December 31 report.
                                                               accounting errors.
For bank holding companies opened since January 1 of
                                                               Report the sum of the cumulative effect, net of applicable
the current calendar year, report zero in this item. Report
                                                               income taxes, of all changes in accounting principles
the consolidated bank holding company’s opening (origi-
                                                               adopted during the calendar year-to-date reporting period
nal) total equity capital in items 5(a), ‘‘Sale of perpetual
                                                               that were applied retroactively and for which prior years’
preferred stock, gross’’ or 6(a), ‘‘Sale of common stock,
                                                               financial statements were restated and all corrections
gross’’ as appropriate.
                                                               resulting from material accounting errors that were made
Pre-opening income earned and expenses incurred from           in prior years’ Consolidated Financial Statements for
the bank holding company’s inception until the date the        Bank Holding Companies and not corrected by the filing
bank holding company commenced operations should be            of an amended report for the period in which the error
reported in Schedule HI using one of the two following         was made. Include only those corrections that result
methods, consistent with the manner in which the bank          from:

FR Y-9C                                                                                                            HI-A-1
Schedule HI-A   September 2010
Schedule HI-A



(1) Mathematical mistakes.                                    the bank holding company’s perpetual preferred stock.
                                                              Limited-life preferred stock is not included in equity
(2) Mistakes in applying accounting principles.
                                                              capital; any proceeds from the sale of limited-life pre-
(3) Improper use of information which existed when the        ferred stock during the calendar year-to-date are not to be
    prior Consolidated Financial Statements for Bank          reported in this item. (Include limited-life preferred stock
    Holding Companies were prepared.                          in Schedule HC, item 19(a)).
(4) A change from an accounting principle that is neither     Line Item 5(a)     Sale of perpetual preferred stock,
    accepted nor sanctioned by the Federal Reserve to         gross.
    one that is acceptable to the Federal Reserve.
                                                              Report in this item the total amount of new perpetual
The effect of accounting errors differs from the effect of    preferred stock issued, net of any expenses associated
changes in accounting estimates. Changes in accounting        with the issuance of the stock.
estimates are an inherent part of the accrual accounting
process. Report the effect of any changes in accounting       Exclude the conversion of convertible debt and limited-
estimates in the appropriate line items of Schedule HI,       life preferred stock into perpetual preferred stock, as well
Consolidated Income Statement. For further information        as the exercise of stock options (report in item 5(b)).
on corrections of errors and changes in estimates, refer to
the Glossary entry for ‘‘accounting changes.’’                Line Item 5(b) Conversion or retirement of
                                                              perpetual preferred stock.
The cumulative effect of a change in accounting principle
is the difference between (1) the balance in the retained     Report in this item the changes in the consolidated bank
earnings account at the beginning of the year in which the    holding company’s total equity capital resulting from:
change is made and (2) the balance in the retained            (1) The conversion of convertible debt or limited-life
earnings account that would have been reported at the             preferred stock into perpetual preferred stock.
beginning of the year had the newly adopted accounting
principle been applied in all prior periods.                  (2) Exercise of stock options, including:

The cumulative effect of all other changes in accounting          (a) Any income tax benefits to the consolidated bank
principles adopted during the calendar year-to-date must              holding company resulting from the sale of the
be reported in Schedule HI, item 11, ‘‘Extraordinary                  bank holding company’s own stock acquired
items and other adjustments, net of income taxes.’’                   under a qualified stock option within three years
                                                                      of its purchase by the employee who had been
Refer to the Glossary entry for ‘‘accounting changes’’ for            granted the option.
information on how to determine the amount of the
cumulative effect of a change in accounting principle.            (b) Any tax benefits to the consolidated bank holding
                                                                      company resulting from the exercise (or grant-
Line Item 3    Balance end of previous calendar year                  ing) of nonqualified stock options (on the bank
as restated.                                                          holding company’s stock) based on the difference
                                                                      between the option price and the fair market
Report the sum of items 1 and 2.
                                                                      value of the stock at the date of exercise (or
Line Item 4 Net income (loss) attributable to                         grant).
bank holding company.                                         (3) Retirement of perpetual preferred stock.
Report the net income (loss) attributable to the bank         (4) The awarding of share-based employee compensa-
holding company for the calendar year-to-date as reported         tion classified as equity. Under ASC Topic 718,
in Schedule HI, item 14, ‘‘Net income (loss) attributable         Compensation-Stock Compensation (formerly FASB
to bank holding company.’’                                        Statement No. 123 (R), Share-Based Payment), the
                                                                  compensation cost for such an award must be recog-
Line Item 5    Sale of perpetual preferred stock.
                                                                  nized over the requisite service period with a corre-
Report the changes in the consolidated bank holding               sponding credit to equity. This reporting treatment
company’s total equity capital resulting from the sale of         applies regardless of whether the shares awarded to

HI-A-2                                                                                                             FR Y-9C
                                                                                                  Schedule HI-A   June 2011
Schedule HI-A



    an employee are shares of bank holding company                    ing) of nonqualified stock options (on the bank
    stock or shares of stock of the bank holding com-                 holding company’s stock) based on the difference
    pany’s subsidiary bank.                                           between the option price and the fair market
                                                                      value of the stock at the date of exercise (or
Include:
                                                                      grant).
(1) The net decrease in equity capital which occurs when
                                                               (3) Retirement of common stock.
    cash is distributed in lieu of fractional shares in a
    stock dividend.                                            (4) The awarding of share-based employee compensa-
                                                                   tion classified as equity. Under ASC Topic 718,
(2) The net increase in equity capital when a stockholder
                                                                   Compensation-Stock Compensation (formerly FASB
    who receives a fractional share from a stock dividend
                                                                   Statement No. 123(R), Share-Based Payment), the
    purchases the additional fraction necessary to make a
                                                                   compensation cost for such an award must be recog-
    whole share.
                                                                   nized over the requisite service period with a corre-
Line Item 6      Sale of common stock.                             sponding credit to equity. This reporting treatment
                                                                   applies regardless of whether the shares awarded to
Report the changes in the consolidated bank holding                an employee are shares of bank holding company
company’s total equity capital resulting from the sale of          stock or shares of stock of the bank holding com-
the bank holding company’s common stock.                           pany’s subsidiary bank.

Line Item 6(a) Sale of common stock, gross.                    Include:

Report the total amount of new common stock issued             (1) The net decrease in equity capital which occurs when
by the consolidated bank holding company, net of any               cash is distributed in lieu of fractional shares in a
expenses associated with the issuance of such stock.               stock dividend.

In the event of the formation of a new bank holding            (2) The net increase in equity capital when a stockholder
company over an existing bank that has been accounted              who receives a fractional share from a stock divi-
for as a reorganization, report the bank holding company           dend. Do not include dividends declared during the
shares issued in this line item. See also the Glossary entry       previous calendar year but paid in the current period.
for ‘‘business combinations—reorganizations’’ for fur-         Refer to the Glossary entry for ‘‘dividends’’ for further
ther information                                               information on cash dividends.
Line Item 6(b) Conversion or retirement of                     Line Item 7    Sale of treasury stock.
common stock.                                                  Report the resale or other disposal of the bank holding
Report in this item the changes in the consolidated bank       company’s own perpetual preferred stock or common
holding company’s total equity capital resulting from:         stock, i.e., treasury stock transactions (see the Glossary
                                                               entry for ‘‘treasury stock’’).
(1) the conversion of convertible debt, limited-life pre-
    ferred stock, or perpetual preferred stock into com-       Line Item 8    LESS: Purchase of treasury stock.
    mon stock.
                                                               Report the acquisition (without retirement) of the bank
(2) Exercise of stock options, including:                      holding company’s own perpetual preferred stock or
                                                               common stock, i.e., treasury stock transactions (see the
    (a) Any income tax benefits to the consolidated bank
                                                               Glossary entry for ‘‘treasury stock’’). Report the amount
        holding company resulting from the sale of the
                                                               as an absolute value; do not enclose the amount in
        bank holding company’s own stock acquired
                                                               parentheses or use a minus (2) sign.
        under a qualified stock option within three years
        of its purchase by the employee who had been           Line Item 9 Changes incident to business
        granted the option.                                    combinations, net.
    (b) Any tax benefits to the consolidated bank holding       If the bank holding company purchased another business
        company resulting from the exercise (or grant-         during the year-to-date reporting period, report the fair

FR Y-9C                                                                                                          HI-A-3
Schedule HI-A   June 2011
Schedule HI-A



value of any perpetual preferred or common shares              Other comprehensive income includes:
issued (less the direct cost of issuing the shares). Exclude
                                                               (1) The change during the calendar year-to-date in net
the fair value of limited-life preferred stock issued in
                                                                   unrealized holding gains (losses) on the bank holding
connection with purchase acquisitions. Refer to the Glos-
                                                                   company’s available-for-sale securities.
sary entry for ‘‘business combinations’’ for further infor-
mation on purchase acquisitions.                               (2) The change during the calendar year-to-date in
                                                                   the bank holding company’s accumulated net gains
If the bank holding company entered into a reorganiza-
                                                                   (losses) on cash flow hedges.
tion that became effective during the year-to-date report-
ing period and has been accounted at historical cost in a      (3) The increase or decrease during the calendar year-to-
manner similar to a pooling of interests, report in this           date in the bank holding company’s cumulative
item the historical equity capital balances as of the end of       foreign currency translation adjustments and qualify-
the previous calendar year of the business that was                ing foreign currency transaction gains or losses, net
combined in the reorganization. For further information            of applicable income taxes, if any. Refer to the
on reorganizations, refer to the Glossary entry for ‘‘busi-        Glossary entry for ‘‘foreign currency transactions
ness combinations.’’                                               and translation’’ for further information on account-
                                                                   ing for foreign currency translation.
Line Item 10 LESS: Cash dividends declared on
preferred stock.                                               (4) The change during the calendar year-to-date in any
                                                                   minimum pension liability adjustment recognized in
Report all cash dividends declared on preferred stock              accordance with ASC Topic 715, Compensation-
(including limited-life preferred stock) during the calen-         Retirement Benefits (formerly FASB Statement
dar year-to-date, including dividends not payable until            No. 87, Employers’ Accounting for Pensions).
after the report date. Report the amount as an absolute
value; do not enclose the amount in parentheses or use a
minus (2) sign.                                                Line Item 13 Change in the offsetting debit
                                                               to the liability for Employee Stock Ownership Plan
Do not include dividends declared during the previous
                                                               (ESOP) debt guaranteed by the bank holding
calendar year but paid in the current period.
                                                               company.
Refer to the Glossary entry for ‘‘dividends’’ for further
information on cash dividends.                                 Report an amount in this item only if the consolidated
                                                               bank holding company has guaranteed the debt of its
Line Item 11 LESS: Cash dividends declared on                  ESOP. The amount reported in this item should reflect
common stock.                                                  any changes during the calendar year-to-date to the
                                                               offsetting debit to the liability recorded by the bank
Report all cash dividends declared on common stock
                                                               holding company in connection with ESOP debt guaran-
during the calendar year-to-date, including dividends not
                                                               teed by the reporting company (that is, the equity contra
payable until after the report date. Report the amount as
                                                               account). The changes in this account result either:
an absolute value; do not enclose the amount in parenthe-
                                                               (1) from the booking of an offsetting debit to any new
ses or use a minus (2) sign.
                                                               ESOP debt guaranteed by the consolidated bank holding
Do not include dividends declared during the previous          company; or (2) from any reduction in the equity contra
calendar year but paid in the current period.                  account as existing guaranteed ESOP debt is amortized.
For further information on cash dividends, see the Glos-       As the ESOP’s debt is amortized, the equity contra
sary entry for ‘‘dividends.’’                                  account is reduced, thereby increasing the total amount
                                                               of equity capital reported as outstanding by the reporting
Line Item 12     Other comprehensive income.
                                                               bank holding company. As the ESOP borrows more
Report the bank holding company’s other comprehensive          funds that are guaranteed by the reporting bank holding
income for the calendar year-to-date. If the amount to be      company, the offsetting debit increases the equity contra
reported represents a reduction in the bank holding            account, thereby reducing the total amount of equity
company’s equity capital, report with a minus (-) sign.        capital reported as outstanding.

HI-A-4                                                                                                             FR Y-9C
                                                                                                  Schedule HI-A   June 2011
Schedule HI-A



When the net impact of these changes to the equity contra     Included are contributions of capital made to the holding
account results in an overall decrease to that account, the   company when the company is a partnership.
amount of that decrease should be reported in this item as
an increase in the total amount of equity capital by
adding that amount when calculating ‘‘changes in equity
                                                              Line Item 15 Total bank holding company equity
capital’’ for this schedule. When the net impact of these
changes to the equity contra account results in an overall    capital end of current period.
increase to that account, the amount of that increase
should be reported in this item as a decrease in the total    Report the sum of items 3, 4, 5, 6, 7, 9, 12, 13, and 14,
amount of equity capital by placing that amount in            less items 8, 10, and 11. This item must equal Schedule
parenthesis and subtracting it when calculating ‘‘changes     HC, item 27.a, ‘‘Total bank holding company equity
in equity capital’’ for this schedule.                        capital.’’

Line Item 14 Other adjustments to equity capital
(not included above).
Report in this item all other adjustments to equity capital
that are not properly reported in items 1 through 13.




FR Y-9C                                                                                                        HI-A-5
Schedule HI-A   June 2011
LINE ITEM INSTRUCTIONS FOR

Charge-Offs and Recoveries on Loans
and Leases and Changes in Allowance
for Loan and Lease Losses
Schedule HI-B


Part I. Charge-Offs and Recoveries on                           for Schedule HC-C, item 1(a), column B) charged off and
Loans and Leases                                                recovered.
General Instructions                                            Line Item 1(a)(1) 1-4 family residential
This part has two columns. In column A report loans and         construction loans.
leases charged off during the current calendar year-to-
date. Also include in column A write-downs to fair value        Report in columns A and B, as appropriate, 1-4 family
on loans (and leases) transferred to the held-for-sale          residential construction loans (as defined for Schedule
account during the calendar year to date that occurred          HC-C, item 1(a)(1), column B) charged off and recov-
when (1) the reporting bank holding company decided to          ered.
sell loans that were not originated or otherwise acquired
with the intent to sell and (2) the fair value of those loans   Line Item 1(a)(2) Other construction loans and all
had declined for any reason other than a change in the          land development and other land loans.
general market level of interest or foreign exchange rates.     Report in columns A and B, as appropriate, other con-
In column B report amounts recovered during the current         struction loans and all land development and other land
calendar year-to-date on loans and leases previously            loans (as defined for Schedule HC-C, item 1(a)(2),
charged off. For those bank holding companies or con-           column B) charged off and recovered.
solidated subsidiaries required to establish and maintain
an allocated transfer risk reserve, as specified in Section      Line Item 1(b)    Secured by farmland in domestic
905(a) of the International Lending Supervision Act of          offices.
1983, in the agency regulations implementing the Act
(Subpart D of Federal Reserve Regulation K) and in any          Report in columns A and B, as appropriate, loans secured
guidelines, or instructions issued by the Federal Reserve,      by farmland in domestic offices (as defined for Sched-
columns A and B of part I include loans and leases              ule HC-C, item 1(b), ‘‘Secured by farmland’’).
charged off against and amounts recovered, respectively,
through the allocated transfer risk reserve.                    Line Item 1(c) Secured by 1–4 family residential
These instructions should be read in conjunction with           properties in domestic offices.
the Glossary entries for ‘‘allowance for loan and lease         Report in columns A and B, as appropriate, in the
losses’’ and ‘‘domicile.’’                                      subitems below, loans secured by 1–4 family residential
Line Item 1 Loans secured by real estate.                       properties in domestic offices (as defined for Sched-
                                                                ule HC-C, item 1(c), ‘‘Secured by 1–4 family residential
Report in the appropriate subitem and column loans              properties’’).
secured by real estate (as defined in Schedule HC-C,
item 1) charged off and recovered.                              Line Item 1(c)(1) Revolving, open-end loans
Line Item 1(a) Construction, land development,                  secured by 1–4 family residential properties and
and other land loans (in domestic offices).                      extended under lines of credit.
Report in the appropriate subitem and column construc-          Report in columns A and B, as appropriate, all revolving,
tion, land development, and other land loans (as defined         open-end loans in domestic offices secured by 1–4 family

FR Y-9C                                                                                                           HI-B-1
Schedule HI-B   March 2008
Schedule HI-B



residential properties and extended under lines of credit.    Line Item 1(e)(2) Loans secured by other nonfarm
Corresponds to Schedule HC-C, item 1(c)(1).                   nonresidential properties.
                                                              Report in columns A and B, as appropriate, loans secured
Line Item 1(c)(2) Closed-end loans secured by
                                                              by other nonfarm nonresidential properties (as defined
1–4 family residential properties in domestic offices.
                                                              for Schedule HC-C, item 1(e)(2), column B) charged off
Report in the appropriate subitem and column closed-end       and recovered.
loans in domestic offices secured by 1–4 family residen-
tial properties charged off and recovered.                    Line Item 1(f)     In foreign offices.

Line Item 1(c)(2)(a)    Secured by first liens.                Report in columns A and B, as appropriate, loans secured
                                                              by real estate in foreign offices.
Report in columns A and B, as appropriate, closed-
end loans secured by first liens on 1–4 family resi-           Line Item 2 Loans to depository institutions and
dential properties (as defined for Schedule HC-C,              acceptances of other banks.
item 1(c)(2)(a), column B) charged off and recovered.
                                                              Report in columns A and B, in the appropriate subitem,
Line Item 1(c)(2)(b)    Secured by junior liens.              loans to depository institutions and acceptances of other
                                                              banks (as defined for Schedule HC-C, item 2).
Report in columns A and B, as appropriate, closed-
end loans secured by junior liens on 1–4 family resi-
dential properties (as defined for Schedule HC-C,              Line Item 2(a) To U.S. banks and other U.S.
item 1(c)(2)(b), column B) charged off and recovered.         depository institutions.
Include loans secured by junior liens in this item even if    Corresponds to Schedule HC-C, item 2(a).
the bank holding company also holds a loan secured by a
first lien on the same 1–4 family residential property and     Line Item 2(b)     To foreign banks.
there are no intervening junior liens.
                                                              Corresponds to Schedule HC-C, item 2(b).
Line Item 1(d) Secured by multifamily (5 or more)
residential properties in domestic offices.                    Line Item 3 Loans to finance agricultural
                                                              production and other loans to farmers.
Report in columns A and B, as appropriate, loans secured
by multifamily (5 or more) residential properties in          Report in columns A and B, as appropriate, agricultural
domestic offices (as defined for Schedule HC-C,                 loans (as defined for Schedule HC-C, item 3, ‘‘Loans
item 1(d), ‘‘Secured by multifamily (5 or more) residential   to finance agricultural production and other loans to
properties’’).                                                farmers’’).

Line Item 1(e) Secured by nonfarm nonresidential              Line Item 4      Commercial and industrial loans.
properties (in domestic offices).
                                                              Line Item 4(a)     To U.S. addressees.
Report in the appropriate subitem and column loans
secured by nonfarm nonresidential properties (as defined       Report in columns A and B, as appropriate, commercial
for Schedule HC-C, item 1(e), column B) charged off and       and industrial loans (as defined for Schedule HC-C,
recovered.                                                    item 4(a), ‘‘Commercial and industrial loans to U.S.
                                                              addressees’’).
Line Item 1(e)(1) Loans secured by
owner-occupied nonfarm nonresidential properties.             Line Item 4(b)     To non-U.S. addressees.
Report in columns A and B, as appropriate, loans secured      Report in columns A and B, as appropriate, commercial
by owner-occupied nonfarm nonresidential properties (as       and industrial loans (as defined for Schedule HC-C,
defined for Schedule HC-C, item 1(e)(1), column B)             item 4(b), ‘‘Commercial and industrial loans to non-U.S.
charged off and recovered.                                    addressees’’).

HI-B-2                                                                                                            FR Y-9C
                                                                                                Schedule HI-B   March 2008
Schedule HI-B



Line Item 5 Loans to individuals for household,               expenditures (as defined for Schedule HC-C, item 10(a),
family, and other personal expenditures.                      column A) charged off and recovered.
Report in the appropriate subitem and column loans to         Line Item 8(b)     All other leases.
individuals for household, family, and other personal
expenditures (as defined for Schedule HC-C, item 6)            Report in columns A and B, as appropriate, all other
charged-off and recovered.                                    leases (as defined for Schedule HC-C, item 10(b), col-
                                                              umn A) charged off and recovered.
Line Item 5(a)      Credit cards.
                                                              Line Item 9     Total.
Report in columns A and B, as appropriate, all extensions
of credit under credit cards (as defined for Schedule          Report in columns A and B the sum of items 1 through 8.
HC-C, items 6(a)) charged-off and recovered.                  The amount reported in column A must equal part II,
                                                              item 3, ‘‘Charge-offs,’’ plus part II, item 4, ‘‘write-downs
Line Item 5(b) Automobile loans.                              arising from transfers of loans to a held-for-sale account,’’
Report in columns A and B, as appropriate, all consumer       below, and the amount reported in column B must equal
loans arising from retail sales of passenger cars and other   part II, item 2, ‘‘Recoveries,’’ below.
vehicles such as minivans, vans, sport-utility vehicles,
pickup trucks, and similar light trucks for personal use      Memoranda
(as defined for Schedule HC-C, item 6(c)) charged-off          Line Item M1 Loans to finance commercial real
and recovered.                                                estate, construction, and land development activities
                                                              (not secured by real estate) included in items 4 and
Line Item 5(c) Other loans.                                   7 above.
Report in columns A and B, as appropriate, all other          Report in columns A and B, as appropriate, loans to
extensions of credit to individuals for household, family,    finance commercial real estate, construction, and land
and other personal expenditures (as defined for Schedule       development activities not secured by real estate (as
HC-C, items 6(b) and 6(d)) charged-off and recovered.         defined for Schedule HC-C, Memorandum item 2). Such
Line Item 6 Loans to foreign governments and                  loans will have been included in items 4 and 7 of
official institutions.                                        Schedule HI-B, part I, above. Exclude from this item all
                                                              loans secured by real estate included in item 1 of
Report in columns A and B, as appropriate, all loans          Schedule HI-B, part I, above.
to foreign governments and official institutions (as defined
for Schedule HC-C, item 7, ‘‘Loans to foreign govern-         Line Item M2 Loans secured by real estate to
ments and official institutions’’).                           non-U.S. addressees (domicile).

Line Item 7      All other loans.                             Report in columns A and B, as appropriate, loans secured
                                                              by real estate to non-U.S. addressees (as defined for
Report in columns A and B, as appropriate, other loans as     Schedule HC-C, Memorandum item 3) included in
defined for Schedule HC-C, item 9, ‘‘Loans to nondeposi-       Schedule HI-B, part I, item 1, above.
tory financial institutions and other loans.’’
                                                              Line Item M3 Uncollectible retail credit card fees
Line Item 8      Lease financing receivables.                  and finance charges reversed against income (i.e.,
Report in columns A and B, as appropriate, all lease          not included in charge-offs against the allowance for
financing receivables (as defined for Schedule HC-C,            loan and lease losses).
item 10) charged off and recovered.                           This item is to be completed by (1) bank holding compa-
                                                              nies that, together with affıliated institutions, have out-
Line Item 8(a) Leases to individuals for household,           standing credit card receivables that exceed $500 million
family, and other personal expenditures.                      as of the report date or (2) bank holding companies that
Report in columns A and B, as appropriate, all leases to      on a consolidated basis are credit card specialty holding
individuals for household, family, and other personal         companies.

FR Y-9C                                                                                                            HI-B-3
Schedule HI-B   March 2011
Schedule HI-B



Outstanding credit card receivables are the sum of:         and in any guidelines, or instructions issued by the
                                                            Federal Reserve, the reconcilement should include the
   (a) Schedule HC-C, item 6(a), column A;
                                                            activity in the allocated transfer risk reserve during the
   (b) Schedule HC-S, item 1, column C; and                 calendar year-to-date that relates to loans and leases. For
                                                            reporting during 2003, the balance of any allocated
    (c) Schedule HC-S, item 6(a), column C.
                                                            transfer risk reserve reported in the FR Y-9C for Decem-
Credit card specialty bank holding companies are defined     ber 31, 2002, that relates to loans and leases should be
as those bank holding companies that on a consolidated      included in Schedule HI-B, part II, item 1, ‘‘Balance
basis exceed 50 percent for the following two criteria:     most recently reported at end of previous year.’’
   (a) the sum of credit card loans (Schedule HC-C,         Exclude the balances of the allowance for credit losses on
       item 6(a), column A) plus securitized and sold       off-balance sheet credit exposures reported in Schedule
       credit card receivables (Schedule HC-S, item 1,      HC-G, item 3, and any capital reserves included in
       column C) divided by the sum of total loans          Schedule HC, item 26(a), ‘‘Retained earnings,’’ and the
       (Schedule HC-C, item 12, column A) plus securi-      effect of any transactions therein.
       tized and sold credit card receivables (Schedule     Refer to the Glossary entry for the ‘‘allowance for loan
       HC-S, item 1, column C); and                         and lease losses’’ for further information.
   (b) the sum of total loans (Schedule HC-C, item 12,      Business Combinations and Reorganizations − If the
       column A) plus securitized and sold credit card      bank holding company purchased another business dur-
       receivables (Schedule HC-S, item 1, column C)        ing the reporting period, include the recoveries, charge-
       divided by the sum of total assets (Schedule HC,     offs, and provisions of the acquired business only after its
       item 12) plus securitized and sold credit card       acquisition. Under ASC Topic 805, Business Combina-
       receivables (Schedule HC-S, item 1, column C).       tions (formerly FASB Statement No. 141(R), Business
Report the amount of fees and finance charges on credit      Combinations), the acquired loans and leases must be
cards (as defined for Schedule HC-C, item 6(a) that the      measured at their acquisition-date fair values. Therefore,
bank holding company reversed against either interest       the bank holding company may not carry over the
and fee income or a separate contra-asset account during    allowance for loan and lease losses of the acquired
the calendar year-to-date. Report the amount of fees and    business as of the acquisition date of the business combi-
finance charges that have been reversed on a gross basis,    nation.
i.e., do not reduce the amount of reversed fees and         If the bank holding company entered into a reorganiza-
finance charges by recoveries of these reversed fees and     tion that became effective during the year-to-date report-
finance charges. Exclude from this item credit card fees     ing period and has been accounted for at historical cost in
and finance charges reported as charge-offs against the      a manner similar to a pooling of interests, report the
allowance for loan and lease losses in Schedule HI-B,       recoveries, charge-offs, and provisions of the combined
part 1, item 5(a), column A.                                entities for the entire calendar year-to-date as though they
                                                            had combined at the beginning of the year. Report the
                                                            balance as of the end of the previous calendar year of the
Part II. Allowance for Loan and Lease                       allowance for loan and lease losses of the business that
Losses                                                      was combined in the reorganization in Schedule HI-B,
                                                            part II, item 6, ‘‘Adjustments.’’
General Instructions
                                                            For further information on business combinations and
Report the reconcilement of the allowance for loan and      reorganizations, see the Glossary entry for ‘‘business
lease losses on a calendar year-to-date basis.              combinations.’’
For those bank holding companies required to establish
and maintain an allocated transfer risk reserve as speci-   Line Item 1 Balance most recently reported at end
fied in Section 905(a) of the International Lending Super-   of previous calendar year.
vision Act of 1983, in the agency regulations implement-    Report the balance in the allowance for loan and lease
ing the Act (Subpart D of Federal Reserve Regulation K)     losses from the Consolidated Financial Statements for

HI-B-4                                                                                                           FR Y-9C
                                                                                                Schedule HI-B   June 2011
Schedule HI-B



Bank Holding Companies most recently reported at the          pany’s current loan and lease exposures. The amount
previous calendar year-end after the effect of all correc-    reported must equal Schedule HI, item 4. If an amount is
tions and adjustments to the allowance for loan and lease     negative, report with a minus (-) sign.
losses that were made in any amended report(s) for the
previous calendar year-end. For reporting during 2003,        Line Item 6     Adjustments.
the balance of any allocated transfer risk reserve reported   Report the net cumulative effect of all corrections and
in the FR Y-9C for December 31, 2002, that relates to         adjustments made to the amount originally reported as
loans and leases should be included in Schedule HI-B,         the ending balances of the allowance for loan and lease
part II, item 1.                                              losses as of the previous calendar year-end.
Line Item 2      Recoveries.                                  If the bank holding company entered into a reorganiza-
Report the amount credited to the allowance for loan and      tion that became effective during the year-to-date report-
lease losses for recoveries during the calendar year-to-      ing period and has been accounted for at historical cost in
date on amounts previously charged against the allow-         a manner similar to a pooling of interests, report in this
ance for loan and lease losses. The amount reported must      item the balance as of the end of the previous calendar
equal part I, item 9, column B.                               year of the allowance for loan and lease losses of the
                                                              business that was combined in the reorganization.
Line Item 3      LESS: Charge-offs.                           For bank holding companies with foreign offices, report
Report the amount of all loans and leases charged against     any increases or decreases resulting from the translation
the allowance for loan and lease losses during the            into dollars of any portions of the allowance for loan and
calendar year-to-date. The amount reported in this item       lease losses that are denominated in a foreign currency.
must equal Schedule HI-B, part I, item 9, column A,           Report all other allowable adjustments made during the
‘‘Total’’ charge-offs, less Schedule HI-B, part II, item 4,   reporting period.
‘‘LESS: Write-downs arising from transfers of loans to a
held-for-sale account.’’                                      If the amount reported in this item is negative, report with
                                                              a minus (-) sign.
Line Item 4 LESS: Write-downs arising from
transfers of loans to a held-for-sale account.                Line Item 7     Balance at end of current period.
Report the amount of write-downs to fair value charged        Report the sum of item 1, 2, 5, and 6 less items 3 and 4
against the allowance for loan and lease losses result-       (must equal Schedule HC, item 4(c)).
ing from transfers of loans and leases to a held-for-sale
account during the calendar year-to-date that occurred        Memoranda
when:
                                                              Line Item M1 Allocated transfer risk reserve
(1) the reporting bank holding company decided to sell        included in Schedule HI-B, part II, item 7.
    loans and leases that were not originated or otherwise
                                                              Report the amount of any allocated transfer risk reserve
    acquired with the intent to sell, and
                                                              related to loans and leases that the reporting bank holding
(2) the fair value of those loans and leases had declined     company is required to establish and maintain that the
    for any reason other than a change in the general         bank holding company has included in the end-of-period
    market level of interest or foreign exchange rates.       balance of the allowance for loan and lease losses
                                                              reported in Schedule HI-B, part II, item 7, and in
Line Item 5      Provision for loan and lease losses.         Schedule HC, item 4(c).
Report the amount expensed as the provision for loan and
                                                              Line Item M2 Separate valuation allowance for
lease losses during the calendar year-to-date. The provi-
                                                              uncollectible retail credit card fees and finance charges.
sion for loan and lease losses represents the amount
needed to make the allowance for loan and lease losses        This item is to be completed by (1) bank holding compa-
adequate to absorb estimated loan and lease losses based      nies that, together with affıliated institutions, have out-
upon management’s evaluation of the bank holding com-         standing credit card receivables that exceed $500 million

FR Y-9C                                                                                                           HI-B-5
Schedule HI-B   March 2011
Schedule HI-B



as of the report date or (2) bank holding companies that       Outstanding credit card receivables are the sum of:
on a consolidated basis are credit card specialty holding
                                                                   (a) Schedule HC-C, item 6(a), column A;
companies.
                                                                   (b) Schedule HC-S, item 1, column C; and
Outstanding credit card receivables are the sum of:
                                                                   (c) Schedule HC-S, item 6(a), column C.
    (a) Schedule HC-C, item 6(a), column A;
                                                               Credit card specialty bank holding companies are defined
    (b) Schedule HC-S, item 1, column C; and
                                                               as those bank holding companies that on a consolidated
    (c) Schedule HC-S, item 6(a), column C.                    basis exceed 50 percent for the following two criteria:
Credit card specialty bank holding companies are defined            (a) the sum of credit card loans (Schedule HC-C,
as those bank holding companies that on a consolidated                 item 6(a), column A) plus securitized and sold
basis exceed 50 percent for the following two criteria:                credit card receivables (Schedule HC-S, item 1,
                                                                       column C) divided by the sum of total loans
    (a) the sum of credit card loans (Schedule HC-C,
                                                                       (Schedule HC-C, item 12, column A) plus securi-
        item 6(a), column A) plus securitized and sold
                                                                       tized and sold credit card receivables (Schedule
        credit card receivables (Schedule HC-S, item 1,
                                                                       HC-S, item 1, column C); and
        column C) divided by the sum of total loans
        (Schedule HC-C, item 12, column A) plus securi-            (b) the sum of total loans (Schedule HC-C, item 12,
        tized and sold credit card receivables (Schedule               column A) plus securitized and sold credit card
        HC-S, item 1, column C); and                                   receivables (Schedule HC-S, item 1, column C)
                                                                       divided by the sum of total assets (Schedule HC,
    (b) the sum of total loans (Schedule HC-C, item 12,
                                                                       item 12) plus securitized and sold credit card
        column A) plus securitized and sold credit card
                                                                       receivables (Schedule HC-S, item 1, column C).
        receivables (Schedule HC-S, item 1, column C)
        divided by the sum of total assets (Schedule HC,       Report in this item the amount of the allowance for loan
        item 12) plus securitized and sold credit card         and lease losses that is attributable to outstanding fees
        receivables (Schedule HC-S, item 1, column C).         and finance charges on credit cards (as defined for
                                                               Schedule HC-C, item 6(a). This amount is a component
Report the amount of any valuation allowance or contra-
                                                               of the amount reported in Schedule HC, item 4(c), and
asset account that the bank holding company maintains
                                                               Schedule HI-B, part II, item 7. Do not include in this item
separate from the allowance for loan and lease losses to
                                                               the amount of any valuation allowance established for
account for uncollectible fees and finance charges on
                                                               impairment in retained interests in accrued interest
credit cards (as defined for Schedule HC-C, item 6(a).
                                                               receivable related to securitized credit cards.
This memorandum item is only applicable to those bank
holding companies that maintain an allowance or contra-        Line Item M4 Amount of allowance for
asset account separate from the allowance for loan and         post-acquisition losses on purchased impaired loans
lease losses. Do not include in this item the amount of        accounted for in accordance with FASB ASC 310-30
any valuation allowance established for impairment in          (former AICPA Statement of Position 03-3).
retained interests in accrued interest receivable related to
securitized credit cards.                                      This item is to be completed by all bank holding compa-
                                                               nies.
Line Item M3 Amount of allowance for loan and
                                                               Report in this item the amount of any valuation allow-
lease losses attributable to retail credit card fees
                                                               ances established after acquisition for decreases in cash
and finance charges.
                                                               flows expected to be collected on purchased impaired
This item is to be completed by (1) bank holding compa-        loans reported as held for investment in Schedule HC,
nies that, together with affıliated institutions, have out-    item 4(b), and accounted for in accordance with ASC
standing credit card receivables that exceed $500 million      Subtopic 310-30, Receivables – Loans and Debt Securi-
as of the report date or (2) bank holding companies that       ties Acquired with Deteriorated Credit Quality (formerly
on a consolidated basis are credit card specialty holding      AICPA Statement of Position 03-3, Accounting for Cer-
companies.                                                     tain Loans or Debt Securities Acquired in a Transfer).

HI-B-6                                                                                                              FR Y-9C
                                                                                                   Schedule HI-B   June 2011
Schedule HI-B



These post-acquisition allowances should be included in     after acquisition) on a purchased impaired loan held for
the bank holding company’s allowance for loan and lease     investment (and not accounted for as a debt security), the
losses as reported in Schedule HC, item 4(c), and Sched-    loan should be considered impaired for purposes of
ule HI-B, part II, item 7. Under ASC Subtopic 310-30, if,   establishing an allowance pursuant to ASC Subtopic
upon evaluation subsequent to acquisition, based on         450-20, Contingencies – Loss Contingencies (formerly
current information and events, it is probable that the     FASB Statement No. 5, Accounting for Contingencies) or
bank holding company is unable to collect all cash flows     ASC Topic 310, Receivables (formerly FASB Statment
expected at acquisition (plus additional cash flows          No. 114, Accounting by Creditors for Impairment of a
expected to be collected arising from changes in estimate   Loan), as appropriate.




FR Y-9C                                                                                                        HI-B-7
Schedule HI-B   June 2011
LINE ITEM INSTRUCTIONS FOR

Notes to the Income Statement
Predecessor Financial Items




General Instructions                                                     The line item instructions should be read in conjunction
                                                                         with the instructions for Schedule HI, ‘‘Consolidated
This one-time reporting schedule is event-driven. An                     Report of Income.’’
event for reporting the income statement items below is
defined as a business combination that occurred during
the quarter (that is, the BHC consummated a merger or                    Line Item 1    Total interest income.
acquisition within the quarter). Complete this schedule
only if the combined assets of the acquired entity(ies) are              Report the total interest income of the acquired company
at least equal to $10 billion or 5 percent of the reporting              for the year to date of acquisition.
bank holding company’s total consolidated assets at the                  Include as interest income:
previous quarter-end, whichever is less.
                                                                         (1) Interest and fee income on loans;
Report in accordance with these instructions the selected
income statement information for any acquired compa-                     (2) Income from lease financing receivables;
ny(ies), the predecessor, as described above. The infor-                 (3) Interest income on balances due from depository
mation should be reported year to date of acquisition, that                  institutions;
is, from January 1 of the current year to the last day prior
to the acquisition date.                                                 (4) Interest and dividend income on securities;
Only a single schedule should be completed with aggre-                   (5) Interest income from trading assets; and
gated information for all entities acquired during the                   (6) All other interest income.
quarter. The combined assets of these firms should at
least equal $10 billion or 5 percent of the respondent’s
total consolidated assets at the previous quarter-end,                   Line Item 1(a)    Interest income on loans and
whichever is less.                                                       leases.
The reporting BHC may report the items below, net of                     Report the amount of interest income on loans and leases.
merger-related adjustments, if any.
                                                                         Include as interest income on loans and leases:
In the unlikely event that only a portion of a firm was
purchased and actual financial statements for the acquired                (1) All interest, fees, and similar charges levied against
operations are not readily available, the reporting BHC                      or associated with all assets reportable as loans as
may provide estimates in lieu of inaccessible actual data.                   defined in Schedule HC-C, items 1 through 9; and

If a single transaction business combination occurred                    (2) Income from direct financing and leveraging leases
where the acquiree was another BHC that filed the                             as defined in Schedule HC-C, item 10.
FR Y-9C in the preceding quarter, and the combination
occurred on the first day of the quarter, that event is                   Line Item 1(b)    Interest income on investment
exempt from being reported on this schedule. This                        securities.
exemption also applies if all entities acquired on the first
day of the quarter were FR Y-9C filers as of the prior                    Report all income on assets that are reportable as securi-
quarter.                                                                 ties as defined in Schedule HC-B.

FR Y-9C                                                                                                                 ISnotes-P-1
Notes to the Income Statement—Predecessor Financial Items   March 2007
Predecessor Financial Items



Include as interest income on investment securities:          sion for allocated transfer risk related to loans and leases.
                                                              Report negative amounts with a minus (-) sign.
(1) Income from U.S. Treasury securities and U.S. gov-
    ernment agency obligations;                               Exclude provision for credit losses on off-balance sheet
                                                              credit exposures.
(2) Income from mortgage-backed securities; and
                                                              The amount reported here may differ from the bad debt
(3) Income from all other securities.
                                                              expense deduction taken for federal income tax purposes.
Line Item 2    Total interest expense.
                                                              Line Item 5     Total noninterest income.
Report the total interest expense of the acquired company
for the year to date of acquisition.                          Report the total noninterest income of the acquired
                                                              company for the year to date of acquisition.
Include as interest expense:
                                                              Include as noninterest income:
(1) Interest on deposits;
                                                               (1) Income from fiduciary activities;
(2) Expense on federal funds purchased and securities
    sold under agreements to repurchase;                       (2) Service charges on deposit accounts in domestic
                                                                   offices;
(3) Interest on trading liabilities and other borrowed
    money;                                                     (3) Trading revenue;
(4) Interest on subordinated notes and debentures and on       (4) Investment banking, advisory, brokerage and under-
    mandatory convertible securities; and                          writing fees and commissions;
(5) All other interest expense.                                (5) Venture capital revenue;
                                                               (6) Net servicing fees;
Line Item 2(a) Interest expense on deposits.
                                                               (7) Net securitization income;
Report all interest expense, including amortization of the
cost of merchandise or property offered in lieu of interest    (8) Insurance commissions and fees;
payments, on deposits as defined in Schedule HC, item
                                                               (9) Net gains (losses) on sales of loans and leases;
13(a)(2) and 13(b)(2).
                                                              (10) Net gains (losses) on sales of other real estate
Include as interest expense on deposits:
                                                                   owned;
(1) Interest on deposits in domestic offices including
                                                              (11) Net gains (losses) on sales of other assets (exclud-
    interest on time deposits and all other deposits; and
                                                                   ing securities); and
(2) Interest on deposits in foreign offices, Edge and
                                                              (12) Other noninterest income.
    Agreement subsidiaries, and IBFs.

Line Item 3    Net interest income.                           Line Item 5(a)     Income from fiduciary activities.
Report the difference between item 1, ‘‘Total interest        Report gross income from services rendered by the trust
income’’ and item 2, ‘‘Total interest expense.’’ If the       departments of the acquired company’s banking subsidi-
amount is negative, report with a minus (-) sign.             aries or by any of the acquired company’s consolidated
                                                              subsidiaries acting in any fiduciary capacity. Include
Line Item 4    Provision for loan and lease losses.           commissions and fees on the sales of annuities by these
                                                              entities that were executed in a fiduciary capacity.
Report the amount the acquired company needed to make
the allowance for loan and lease losses, as defined in         Exclude commissions and fees received for the accumu-
Schedule HC, item 4(c), adequate to absorb expected           lation or disbursement of funds deposited to Individual
loan and lease losses, based upon management’s evalua-        Retirement Accounts (IRAs) or Keogh Plan accounts
tion of the consolidated bank holding company’s loan          when they were not handled by the trust departments of
and lease portfolio. Also include in this item any provi-     the acquired entity’s subsidiary banks.

ISnotes-P-2                                                                                                            FR Y-9C
                                                                                   Predecessor Financial Items   September 2009
Predecessor Financial Items



Leave this item blank if the subsidiary banks of the         Also include the acquired company’s proportionate share
acquired company had no trust departments and the            of the income or loss before extraordinary items and
acquired company had no consolidated subsidiaries that       other adjustments from its investment in:
rendered services in any fiduciary capacity.
                                                             (1) Unconsolidated subsidiaries,

Line Item 5(b) Trading revenue.                              (2) Associated companies, and

Report the net gain or loss from trading cash instruments    (3) Corporate joint ventures, unincorporated joint ven-
and off-balance-sheet derivative contracts (including            tures, general partnerships, and limited partnerships
commodity contracts) that was recognized during the              over which the acquired company exercised signifi-
year to date of acquisition.                                     cant influence that were principally engaged in
                                                                 investment banking, advisory, brokerage or securities
Include as trading revenue:                                      underwriting activities.
(1) Revaluation adjustments to the carrying value of
    trading assets and liabilities as defined in Schedule     Line Item 5(d)     Venture capital revenue.
    HC, items 5 and 15, resulting from the periodic          Report as venture capital revenue market value adjust-
    marking to market of such assets and liabilities;        ments, interest, dividends, gains, and losses (including
(2) Revaluation adjustments from the periodic marking        impairment losses) on venture capital investments (loans
    to market interest rate, foreign exchange, equity        and securities).
    derivative, and commodity and other contracts as         Also include the acquired company’s proportionate share
    defined in Schedule HC-L, item 12; and                    of the income or loss before extraordinary items and
(3) Incidental income and expense related to the pur-        other adjustments from its investment in:
    chase and sale of trading assets and liabilities as      (1) Unconsolidated subsidiaries,
    defined in Schedule HC, items 5 and 15, and off-
    balance-sheet derivative contracts as defined in Sched-   (2) Associated companies, and
    ule HC-L, item 12.                                       (3) Corporate joint ventures, unincorporated joint ven-
If the amount to be reported in this item is a net loss,         tures, general partnerships, and limited partnerships
report with a minus (-) sign.                                    over which the acquired company exercised signifi-
                                                                 cant influence that were principally engaged in ven-
                                                                 ture capital activities.
Line Item 5(c) Investment banking, advisory,
brokerage and underwriting fees and commissions.             In general, venture capital activities involve the provid-
                                                             ing of funds, whether in the form of loans or equity, and
Report fees and commissions from underwriting (or            technical and management assistance, when needed and
participating in the underwriting of) securities, invest-    requested, to start-up or high-risk companies specializing
ment advisory and management services, merger and            in new technologies, ideas, products, or processes. The
acquisition services, and other related consulting fees.     primary objective of these investments is capital growth.
Include fees and commissions from securities brokerage
activities, from the sale and servicing of mutual funds,
                                                             Line Item 5(e)    Net securitization income.
from the sale of annuities to the acquired company’s
customers by securities brokerage firms, from the pur-        Report net gains (losses) on assets sold in securitization
chase and sale of securities and money market instru-        transactions, (i.e., net of transaction costs). Include fees
ments where the acquired company was acting as agent         (other than servicing fees) earned from the acquired
for other banking institutions or customers and from the     company’s securitization transactions and unrealized
lending of securities owned by the predecessor company       losses (and recoveries or unrealized losses) on loans and
or its customers (if these fees and commissions are not      leases held for sale in securitization transactions. Exclude
included in Notes to the Income Statement - Predecessor      income from servicing securitized assets and seller’s
Financial Items, item 5(a), ‘‘Income from fiduciary activi-   interests and residual interests retained by the acquired
ties,’’ or item 5(b), ‘‘Trading revenue’’).                  company.

FR Y-9C                                                                                                      ISnotes-P-3
Predecessor Financial Items   September 2009
Predecessor Financial Items



Line Item 5(f)     Insurance commissions and fees.             Line Item 7(a)    Salaries and employee benefits.
Report the amount of premiums earned by bank holding           Report salaries and benefits of all officers and employees
company subsidiaries engaged in insurance underwriting         of the acquired company and its consolidated subsidiaries
and reinsurance activities, and income from insurance          including guards and contracted guards, temporary office
product sales and referrals, as defined in Schedule HI,         help, dining room and cafeteria employees, and building
items 5(h)(1) and 5(h)(2).                                     department officers and employees (including mainte-
                                                               nance personnel).
Line Item 6 Realized gains (losses) on                         Include as salaries and employee benefits:
held-to-maturity and available-for-sale securities.
                                                               (1) Gross salaries, wages, overtime, bonuses, incentive
Report the net gain or loss realized during the year to date       compensation, and extra compensation;
of acquisition from the sale, exchange, redemption, or
retirement of all securities as defined in Schedule HC,         (2) Social security taxes and state and federal unemploy-
items 2(a) and 2(b). The realized gain or loss is the              ment taxes paid by the consolidated acquired com-
difference between the sales price (excluding interest at          pany;
the coupon rate accrued since the last interest payment        (3) Contributions to the consolidated acquired compa-
date, if any) and the amortized cost. Also include in this         ny’s retirement plan, pension fund, profit-sharing
item the write-downs of the cost basis of individual               plan, employee stock ownership plan, employee
held-to-maturity or available-for-sale securities for other-       stock purchase plan, and employee savings plan;
than-temporary impairments. If the amount to be reported
in this item is a net loss, report with a minus (-) sign.      (4) Premiums (net of dividends received) on health and
                                                                   accident, hospitalization, dental, disability, and life
Do not adjust for applicable income taxes (income taxes            insurance policies for which the consolidated acquired
applicable to gains (losses) on held-to-maturity or                company was not the beneficiary;
available-for-sale securities are to be reported in item 9,
‘‘Applicable income taxes (on item 8),’’ below).               (5) Cost of office temporaries whether hired directly by
                                                                   the acquired company or its consolidated subsidiaries
Exclude from this item:                                            or through an outside agency;
(1) Net gains (losses) from the sale of detached securities    (6) Worker’s compensation insurance premiums;
    coupons and the sale of ex-coupon securities (report
    in item 5, ‘‘Total noninterest income,’’ or item 7,        (7) The net cost to the acquired company or its consoli-
    ‘‘Total noninterest expense,’’ as appropriate); and            dated subsidiaries for employee dining rooms, restau-
                                                                   rants, and cafeterias;
(2) The change in net unrealized holding gains (losses)
    on available-for-sale securities during the year to        (8) Accrued vacation pay earned by employees during
    date of acquisition.                                           the year to date of acquisition; and

Line Item 7      Total noninterest expense.                    (9) The cost of medical or health services, relocation
                                                                   programs and reimbursement programs, and other
Report the total noninterest expense of the acquired               so-called fringe benefits for officers and employees.
company for the year to date of acquisition.
                                                               Line Item 7(b)    Goodwill impairment losses.
Include as noninterest expense:
                                                               Report any impairment losses recognized during the year
(1) Salaries and employee benefits;                             to date of acquisition on goodwill (as defined for Sched-
                                                               ule HC, item 10(a)). See Schedule HI, item 7(c)(1) for
(2) Expenses of premises and fixed assets;
                                                               further guidance.
(3) Goodwill impairment losses;
                                                               Line Item 8 Income (loss) before income taxes,
(4) Amortization expense and impairment losses for             extraordinary items, and other adjustments.
    other intangible assets; and
                                                               Report the consolidated acquired company’s pretax oper-
(5) Other noninterest expense.                                 ating income. This amount will generally be determined

ISnotes-P-4                                                                                                            FR Y-9C
                                                                                   Predecessor Financial Items   September 2009
Predecessor Financial Items



by taking item 1, minus the sum of item 2 and item 4,         (1) Item 11, ‘‘Extraordinary items, net of applica-
plus item 5, plus or minus item 6, minus item 7. If the           ble income taxes and noncontrolling (minority)
result is negative, report with a minus (-) sign.                 interest’’;
                                                              (2) Any changes due to corrections of material account-
Line Item 9        Applicable income taxes.                       ing errors and changes in accounting principles; and

Report the total estimated federal, state and local, and      (3) Other comprehensive income.
foreign income tax expense applicable to item 8, ‘‘Income
(loss) before income taxes, extraordinary items, and other    Line Item 10     Noncontrolling (minority) interest.
adjustments,’’ including the tax effects of gains (losses)
                                                              Report the noncontrolling (minority) interest in the net
on securities not held in trading accounts (i.e., held-to-
                                                              income or loss of the acquired company’s consolidated
maturity and available-for-sale securities). Include both
                                                              subsidiaries.
the current and deferred portions of these income taxes. If
the amount is a tax benefit rather than tax expense, report
with a minus (-) sign.                                        Line Item 11 Extraordinary items, net of
                                                              applicable income taxes and noncontrolling
Include as applicable income taxes all taxes based on a       (minority) interest.
net amount of taxable revenues less deductible expenses.
Exclude from applicable income taxes all taxes based on       Report the total of the transactions listed below, if any,
gross revenues or gross receipts.                             net of any applicable income taxes (including federal,
                                                              state and local, and foreign taxes). If the amount reported
Include income tax effects of changes in tax laws or rates.   in this item is a net loss, report with a minus (-) sign.
Also include the effect of changes in the valuation
allowance related to deferred tax assets resulting from a     Include as extraordinary items and other adjustments:
change in estimate of the realizability of deferred tax       (1) The material effects of any extraordinary items.
assets, excluding the effect of any valuation allowance           Extraordinary items are very rare and the criteria
changes related to unrealized holding gains (losses) on           which must be satisfied in order for an event or
available-for-sale securities that are charged or credited        transaction to be reported as an extraordinary item
directly to the separate component of equity capital for          are discussed in the Glossary entry for ‘‘extraor-
‘‘Accumulated other comprehensive income.’’                       dinary items.’’
Include tax benefits from operating loss carrybacks real-      (2) Material aggregate gains on troubled debt restructur-
ized during the reporting period up to acquisition date. If       ings of the consolidated acquired company’s own
the consolidated acquired company had realized tax                debt, as determined in accordance with the provi-
benefits from operating loss carryforwards during this             sions of ASC Subtopic 470-60, Debt – Troubled
period, do not net the dollar amount of these benefits             Debt Restructurings by Debtors (formerly FASB
against the income taxes which would be applicable to             Statement No. 15, Accounting by Debtors and Credi-
item 8. Report the dollar amount of income taxes appli-           tors for Troubled Debt Restructurings).
cable to item 8 in this item and report the realized tax
benefits of operating loss carryforwards gross in item 11,     (3) The cumulative effect of all changes in accounting
‘‘Extraordinary items, net of applicable income taxes and         principles except those required to be reported in
minority interest.’’                                              cumulative effect of changes in accounting principles
                                                                  and corrections of material accounting errors. Refer
Also include the dollar amount of any material adjust-            to the Glossary entry for ‘‘accounting changes’’ for
ments or settlements reached with a taxing authority              further discussion of changes in accounting principles.
(whether negotiated or adjudicated) relating to disputed
income taxes of prior years (report in noninterest income     (4) The results of discontinued operations as determined
or noninterest expense, as appropriate).                          in accordance with the provisions of ASC Topic 360,
                                                                  Property, Plant, and Equipment (formerly FASB
Exclude the estimated federal, state and local, and for-          Statement No. 144, Accounting for the Impairment of
eign income taxes applicable to:                                  Long-Lived Assets).

FR Y-9C                                                                                                      ISnotes-P-5
Predecessor Financial Items   June 2011
Predecessor Financial Items



Exclude from extraordinary items and other adjustments:       loans and leases write-downs to fair value on loans and
                                                              leases transferred to the held-for-sale account during the
(1) Net gains or losses on sales or other disposals of:
                                                              year to date of acquisition that occurred when (1) the
    (a) All assets reportable as loans and leases in Sched-   acquired company decided to sell loans that were not
        ule HC-C;                                             originated or otherwise acquired with the intent to sell
                                                              and (2) the fair value of those loans had declined for any
    (b) Premises and fixed assets;
                                                              reason other than a change in the general market level of
    (c) Other real estate owned;                              interest or foreign exchange rates.
    (d) Personal property acquired for debts previously       Line Item 15 Net interest income (item 3 above)
        contracted (such as automobiles, boats, equip-        on a fully taxable equivalent basis.
        ment and appliances);
                                                              Report net interest income (Notes to the Income State-
    (e) Coins, art, and other similar assets; and             ment - Predecessor Financial Items, item 3, ‘‘Net interest
    (f) Branches (i.e., where the consolidated acquired       income,’’ above) on a fully taxable equivalent basis. The
        company sold a branch’s assets to another deposi-     amount reported in this item should reflect what net
        tory institution which assumes the deposit liabili-   interest income of the acquired company would have
        ties of the branch).                                  been if all its interest income were subject to federal and
                                                              state income taxes.
Report these items in noninterest income or noninterest
expense, as appropriate, above.                               The following accounts, on which the interest income is
                                                              fully or partially tax-exempt, should be adjusted to a
(2) Write-downs of the cost basis of individual held-to-      ″taxable equivalent″ basis in order that the acquired
    maturity and available-for-sale securities for other      company’s interest income can be computed on a fully
    than temporary impairments (report in item 6).            taxable equivalent basis:
Line Item 12    Net income (loss).                            (1) Interest income on tax-exempt obligations (other
                                                                  than securities) of states and political subdivisions in
Report the difference between item 8 and the sum of item
                                                                  the U.S. (included in Notes to the Income Statement -
9, item 10, and item 11. If the amount is negative, report
                                                                  Predecessor Financial Items, item 1(a), ‘‘Interest
with a minus (-) sign.
                                                                  income on loans and leases’’);
Line Item 13    Cash dividends declared.                      (2) Income on lease financing receivables that is tax-
Report all cash dividends declared on common and                  exempt (included in Notes to the Income Statement -
preferred stock (including limited-life preferred stock)          Predecessor Financial Items, item 1(a), ‘‘Interest
during the year to date of acquisition, including divi-           income on loans and leases’’);
dends not payable until after the acquisition date.           (3) Income on tax-exempt securities issued by states and
Do not include dividends declared during the previous             political subdivisions in the U.S. (included in Notes
calendar year but paid in the current period.                     to the Income Statement - Predecessor Financial
                                                                  Items, item 1(b), ″Interest income on investment
For further information on cash dividends, refer to the           securities″); and
Glossary entry for ‘‘dividends.’’
                                                              (4) Any other interest income (such as interest income
Line Item 14    Net charge-offs.                                  earned on loans to an Employee Stock Ownership
Report in this item the difference between gross charge-          Plan), which under state or federal laws is partially or
offs (loans and leases charged by the acquired company            in its entirety exempt from income taxes.
against the allowance) and recoveries (amounts credited       The changes to the 1986 Tax Reform Act must be taken
to the allowance for recoveries on loans and leases           into consideration when computing net interest income
previously charged against the allowance) from January        on a fully taxable equivalent basis. The 1986 Act, in
1 to the last business day prior to the date of the BHC’s     general, disallowed 100% of the interest expense allo-
merger with the acquired entity. Include in charged off       cable to tax-exempt obligations acquired after August 7,

ISnotes-P-6                                                                                                            FR Y-9C
                                                                                        Predecessor Financial Items   June 2011
Predecessor Financial Items



1986. Previous to that date, and after December 31, 1982,
the disallowance percentage was 20%; previous to Decem-
ber 31, 1982, the disallowance was 0%.




FR Y-9C                                                     ISnotes-P-7
Predecessor Financial Items   June 2011
LINE ITEM INSTRUCTIONS FOR

Notes to the Income Statement
Other




This section has been provided to allow bank holding companies that so wish
to explain the content of specific items in the income statement. The reporting
bank holding company should include any transactions reported on Sched-
ules HI through HI-B that it wishes to explain or that have been separately
disclosed in the bank holding company’s quarterly reports to its shareholders,
in its press releases, or on its quarterly reports to the Securities and Exchange
Commission (SEC).
Exclude, however, any transactions that have been separately disclosed under
the reporting requirements specified in Memoranda items 6 through 8 to
Schedule HI, the Consolidated Income Statement.
Also include any transactions which previously would have appeared as
footnotes to Schedules HI through HI-B.
Report in the space provided the schedule and line item for which the holding
company is specifying additional information, a description of the transaction
and, in the column provided, the dollar amount associated with the transaction
being disclosed.




FR Y-9C                                                                   ISnotes-1
Notes to the Income Statement—Other   March 2007
LINE ITEM INSTRUCTIONS FOR

Consolidated Balance Sheet
for Bank Holding Companies
Schedule HC
The line item instructions should be read in conjunction with the Glossary and other
sections of these instructions. See the discussion of the Organization of the Instruction Book
in the General Instructions. For purposes of these line item instructions, the FASB
Accounting Standards Codification is referred to as ‘‘ASC.’’
Assets                                                (c) nationalized banks and banking institutions owned
                                                                     by central governments that have, as an impor-
Line Item 1 Cash and balances due from                               tant part of their functions, activities similar to
depository institutions.                                             those of a central bank; and
Report in item 1(a) noninterest-bearing balances due             (d) the Bank for International Settlements (BIS).
from depository institutions and currency and coin and in    Balances due from such institutions cover all interest-
item 1(b) interest-bearing balances due from depository      bearing and noninterest-bearing balances whether in the
institutions.                                                form of demand, savings, or time balances, including
                                                             certificates of deposit, but excluding any balances held
Depository institutions cover the following
                                                             in the consolidated bank holding company’s trading
(1) Depository institutions in the U.S., i.e.,               accounts. Balances with foreign central banks should
                                                             include all balances with such entities, including reserve,
    (a) U.S. branches and agencies of foreign banks          operating, and investment balances. Balances should
        (refer to the Glossary entry for ‘‘banks, U.S. and   include ‘‘placements and redeposits’’ between foreign
        foreign’’ for the definition of this term);           offices of the banking subsidiaries of the reporting bank
    (b) U.S. branches of U.S. banks (refer to the Glossary   holding company and foreign offices of other banks.
        entry for ‘‘banks, U.S. and foreign’’);              Treatment of reciprocal balances with depository institu-
    (c) savings or building and loan associations, home-     tions. Reciprocal balances arise when two depository
        stead associations, and cooperative banks;           institutions maintain balances with each other, i.e., each
                                                             institution has both a ‘‘due from’’ and a ‘‘due to’’ balance
    (d) mutual and stock savings banks; and                  with the other institution. For purposes of reporting on
                                                             this schedule and on Schedule HC-E, Deposit Liabilities,
    (e) credit unions.                                       reciprocal balances should be reported in accordance
(2) Banks in foreign countries, i.e.,                        with generally accepted accounting principles.

    (a) foreign-domiciled branches of other U.S. banks;      For purposes of these reports, deposit accounts ‘‘due
        and                                                  from’’ other depository institutions that are overdrawn
                                                             are to be reported as borrowings in Schedule HC, item 16.
    (b) foreign-domiciled branches of foreign banks.         For further information, refer to the Glossary entry for
                                                             ‘‘overdraft.’’
    See the Glossary entry for ‘‘banks, U.S. and foreign’’
    for a description of banks in foreign countries.         Exclude from items 1(a) and 1(b) the following

(3) Foreign central banks, i.e.,                             (1) All intracompany transactions, i.e., all transactions
                                                                 between any offices of the consolidated bank holding
    (a) foreign central banks in foreign countries;              company.
    (b) departments of foreign central governments that      (2) Claims on banks or other depository institutions held
        have, as an important part of their functions,           in the consolidated bank holding company’s trading
        activities similar to those of a central bank;           accounts.

FR Y-9C                                                                                                            HC-1
Schedule HC   March 2007
Schedule HC



(3) Deposit accounts ‘‘due to’’ other depository institu-            (‘‘cash letters’’) and checks or drafts on hand that
    tions that are overdrawn (report in Schedule HC-C,               will be presented for payment or forwarded for
    item 2, ‘‘Loans to depository institutions and accep-            collection on the following business day.
    tances of other banks’’).
                                                                 (b) Government checks drawn on the Treasurer of
(4) Loans to depository institutions (report in Sched-               the United States or any other government agency
    ule HC-C, item 2).                                               that are payable immediately upon presentation
                                                                     and that are in process of collection.
(5) Unavailable balances due from closed or liquidating
    banks or other depository institutions (report in             (c) Such other items in process of collection that are
    Schedule HC, item 11, ‘‘Other assets’’).                          payable immediately upon presentation and that
                                                                      are customarily cleared or collected as cash items
Line Item 1(a) Noninterest-bearing balances and                       by depository institutions in the country where
currency and coin.                                                    the reporting bank holding company’s office
Report the total of all noninterest-bearing balances due              which is clearing or collecting the item is located.
from depository institutions, currency and coin, cash         (2) Unposted debits, which are cash items in a subsidiary
items in process of collection, and unposted debits.              depository institution’s possession, drawn on itself,
For purposes of this report, the consolidated bank hold-          that are immediately chargeable, but that have not
ing company’s overdrafts on deposit accounts it holds             been charged to the general ledger deposit control
with other depository institutions that are not consoli-          account at the close of business on the report date.
dated on the reporting bank holding company’s FR Y-9C         (3) Noninterest-bearing balances with depository institu-
(i.e., its ‘‘due from’’ accounts) are to be reported as           tions, i.e., whether in the form of demand, time, or
borrowings in Schedule HC, item 16, except overdrafts             savings balances, provided that the accounts pay no
arising in connection with checks or drafts drawn by              interest.
subsidiary depository institutions of the reporting bank
holding company and drawn on, or payable at or through,       (4) Currency and coin. Include both U.S. and foreign
another depository institution either on a zero-balance           currency and coin owned and held in all offices of the
account or on an account that is not routinely maintained         consolidated bank holding company; currency and
with sufficient balances to cover checks or drafts drawn          coin in transit to a Federal Reserve Bank or to any
in the normal course of business during the period until          other depository institution for which the reporting
the amount of the checks or drafts is remitted to the other       bank holding company’s subsidiaries have not yet
depository institution (in which case, report the funds           received credit; and currency and coin in transit from
received or held in connection with such checks or                a Federal Reserve Bank or from any other depository
drafts as deposits in Schedule HC-E until the funds are           institution for which the accounts of the subsidiaries
remitted).                                                        of the reporting bank holding company have already
                                                                  been charged. Foreign currency and coin should be
Noninterest-bearing balances include the following                converted into U.S. dollar equivalents as of the report
(1) Cash items in process of collection. Cash items in            date.
    process of collection include the following:
                                                              Exclude from this item the following
    (a) Checks or drafts in process of collection that are
                                                              (1) Credit or debit card sales slips in process of col-
        drawn on another depository institution (or on
                                                                  lection (report as noncash items in Schedule HC,
        a Federal Reserve Bank) and that are payable
                                                                  item 11, ‘‘Other assets’’). However, when the report-
        immediately upon presentation in the country
                                                                  ing bank holding company or its consolidated subsid-
        where the reporting bank holding company’s
                                                                  iaries have been notified that they have been given
        office that is clearing or collecting the check or
                                                                  credit, the amount of such sales slips should be
        draft is located. This includes checks or drafts
                                                                  reported in this item.
        drawn on other institutions that have already
        been forwarded for collection but for which the       (2) Cash items not conforming to the definition of in
        reporting bank has not yet been given credit              process of collection, whether or not cleared through

HC-2                                                                                                              FR Y-9C
                                                                                                  Schedule HC   March 2009
Schedule HC



    Federal Reserve Banks (report in Schedule HC,             Line Item 1(b)(2) In foreign offices, Edge and
    item 11, ‘‘Other assets’’).                               Agreement subsidiaries, and IBFs.
(3) Commodity or bill-of-lading drafts (including arrival     This item is to be reported only by bank holding com-
    drafts) not yet payable (because the merchandise          panies that have foreign offices or Edge or Agreement
    against which the draft was drawn has not yet             subsidiaries or whose consolidated subsidiaries have
    arrived), whether or not deposit credit has been          foreign offices, Edge or Agreement subsidiaries, or Inter-
    given. (If deposit credit has been given, report as       national Banking Facilities.
    loans in the appropriate item of Schedule HC-C; if
                                                              Report the total of all interest-bearing balances due from
    the drafts were received on a collection basis, they
                                                              depository institutions, wherever located, provided that
    should be excluded entirely from the consolidated
                                                              the reporting bank holding company or its consolidated
    bank holding company’s balance sheet, Schedule HC,
                                                              subsidiaries book such balances as assets of offices that
    until the funds have actually been collected.)
                                                              are located outside the fifty states of the United States
(4) Balances due from Federal Reserve Banks (report as        and the District of Columbia. Also report all interest-
    interest-bearing balances in Schedule HC, item 1(b)).     bearing balances held in International Banking Facili-
                                                              ties (IBFs) and in Edge and Agreement corporations of
Line Item 1(b)     Interest-bearing balances.                 the reporting bank holding company or its consolidated
Report the total of all interest-bearing balances due from    subsidiaries.
depository institutions and foreign central banks that are
                                                              Line Item 2     Securities.
held in offices of the bank holding company or its
consolidated subsidiaries. Include balances due from          Line Item 2(a)     Held-to-maturity securities.
Federal Reserve Banks (including reserve, excess, and         Report the amount from Schedule HC-B, item 8, col-
clearing balances), commercial banks in the U.S., other       umn A, ‘‘Total amortized cost.’’
depository institutions in the U.S., Federal Home Loan
Banks, banks in foreign countries, and foreign central        Line Item 2(b)     Available-for-sale securities.
banks. Include the fair value of interest-bearing balances
due from depository institutions that are accounted for at    Report the amount from Schedule HC-B, item 8, col-
fair value under a fair value option. Exclude certificates     umn D, ‘‘Total fair value.’’
of deposit held for trading (report in Schedule HC, item
                                                              Line Item 3 Federal funds sold and securities
5).
                                                              purchased under agreements to resell.
Line Item 1(b)(1)     In U.S. offices.                        Line Item 3(a)     Federal funds sold in domestic
                                                              offices.
Report the total of all interest-bearing balances due from
depository institutions and foreign central banks that are    Report the outstanding amount of federal funds sold,
held in offices of the bank holding company or its            i.e., immediately available funds lent (in domestic offices)
consolidated subsidiaries located in the fifty states of the   under agreements or contracts that have an original
United States and the District of Columbia. NOTE: This        maturity of one business day or roll over under a
item should include balances due from unaffiliated U.S.       continuing contract, excluding such funds lent in the
and foreign banks and central banks wherever those            form of securities purchased under agreements to resell
institutions are located, provided that such balances are     (which should be reported in Schedule HC, item 3(b))
booked as assets in domestic offices of the bank holding      and overnight lending for commercial and industrial
company or of its consolidated subsidiaries.                  purposes (which generally should be reported in Sched-
                                                              ule HC, item 4(b)). Transactions that are to be reported as
Exclude balances held in Edge and Agreement subsidi-
                                                              federal funds sold may be secured or unsecured or may
aries or in international banking facilities (IBFs) of the
                                                              involve an agreement to resell loans or other instruments
reporting bank holding company, which are considered
                                                              that are not securities.
foreign offices of the bank holding company for purposes
of this report. Such balances are to be reported in           Immediately available funds are funds that the purchas-
item 1(b)(2) below.                                           ing bank holding company can either use or dispose of on

FR Y-9C                                                                                                             HC-3
Schedule HC   March 2009
Schedule HC



the same business day that the transaction giving rise to          to resell the identical security purchased or a security
the receipt or disposal of the funds is executed. A                that meets the definition of substantially the same in
continuing contract, regardless of the terminology used,           the case of a dollar roll.
is an agreement that remains in effect for more than one
                                                               (2) Purchases of participations in pools of securities,
business day, but has no specified maturity and does not
                                                                   regardless of maturity.
require advance notice of the lender or the borrower to
terminate.                                                     Report securities purchased under agreements to resell on
                                                               a gross basis, i.e., do not net them against securities sold
Report federal funds sold on a gross basis, i.e., do not net   under agreements to repurchase, except to the extent
them against federal funds purchased, except to the            permitted under ASC Subtopic 210-20, Balance Sheet –
extent permitted under ASC Subtopic 210-20, Balance            Offsetting (formerly FASB Interpretation No. 41, Offset-
Sheet – Offsetting (formerly FASB Interpretation No. 39,       ting of Amounts Related to Certain Repurchase and
Offsetting of Amounts Related to Certain Contracts).           Reverse Repurchases).
Also exclude from federal funds sold                           Exclude from this item
(1) Sales of so-called ‘‘term federal funds’’ (as defined in    (1) Resale agreements involving assets other than secu-
    the Glossary entry for ‘‘federal funds transactions’’)         rities (report in Schedule HC, item 3(a), ‘‘Federal
    (report in Schedule HC, item 4(b), ‘‘Loans and                 funds sold,’’ or item 4(b), ‘‘Loans and leases, net of
    leases, net of unearned income’’).                             unearned income,’’ as appropriate, depending on the
                                                                   maturity and office location of the transaction).
(2) Securities resale agreements that have an original
    maturity of one business day or roll over under a          (2) Due bills representing purchases of securities or
    continuing contract, if the agreement requires the             other assets by the reporting bank holding company
    bank holding company to resell the identical security          that have not yet been delivered and similar instru-
    purchased or a security that meets the definition of            ments, whether collateralized or uncollateralized
    substantially the same in the case of a dollar roll            (report in Schedule HC, item 4(b)). See the Glossary
    (report in Schedule HC, item 3(b), ‘‘Securities pur-           entry for ‘‘due bills.’’
    chased under agreements to resell’’).
                                                               (3) So-called yield maintenance dollar repurchase agree-
(3) Deposit balances due from a Federal Home Loan                  ments (see the Glossary entry for ‘‘repurchase/resale
    Bank (report as balances due from depository insti-            agreements’’).
    tutions in Schedule HC, item 1(a) or 1(b), as
                                                               For further information, see the Glossary entry for
    appropriate).
                                                               ‘‘repurchase/resale agreements.’’
(4) Lending transactions in foreign offices involving
    immediately available funds with an original matu-         Line Item 4     Loans and lease financing receivables.
    rity of one business day or under a continuing             Report in the appropriate subitem loans and leases held
    contract that are not securities resale agreements         for sale and loans and leases that the reporting bank
    (report in Schedule RC, item 4(b), ‘‘Loans and             holding company has the intent and ability to hold for the
    leases, net of unearned income’’).                         foreseeable future or until maturity or payoff, i.e., held
For further information, see the Glossary entry for ‘‘fed-     for investment.
eral funds transactions.’’
                                                               Line Item 4(a)     Loans and leases held for sale.
                                                               Report the amount of loans and leases held for sale at the
Line Item 3(b) Securities purchased under                      lower of cost or fair value. The amount by which cost
agreements to resell.                                          exceeds fair value, if any, shall be accounted for as a
                                                               valuation allowance. Therefore, no allowance for loan
Report the outstanding amount of
                                                               and lease losses should be established for loans and
(1) Securities resale agreements, regardless of maturity,      leases held for sale. These loans and leases are included
    if the agreement requires the bank holding company         by loan category in Schedule HC-C.

HC-4                                                                                                                FR Y-9C
                                                                                                     Schedule HC   June 2011
Schedule HC



Line Item 4(b)      Loans and leases, net of unearned           Pursuant to ASC Topic 825, Financial Instruments (for-
income.                                                         merly FASB Statement No. 159, The Fair Value Option
                                                                for Financial Assets and Financial Liabilities), all secu-
Report the amount of loans and leases that the reporting
bank holding company has the intent and ability to hold         rities within the scope of ASC Topic 320, Investment-
for the foreseeable future or until maturity or payoff, i.e.,   Debt and Equity Securities (formerly FASB Statement
held for investment.                                            No. 115, Accounting for Certain Investments in Debt and
                                                                Equity Securities), that a bank holding company has
This item must equal Schedule HC-C item 12, col-                elected to report at fair value under a fair value option
umn A, excluding the amount of loans and leases held for        with changes in fair value reported in current earnings
sale, which should be reported separately in item 4(a)          should be classified as trading securities. In addition, for
above. Loans and leases reported in line item 4(b) should       purposes of this report, bank holding companies may
be net of unearned income.                                      classify assets (other than securities within the scope of
                                                                ASC Topic 320 for which a fair value option is elected)
Line Item 4(c)     LESS: Allowance for loan and lease           as trading if the bank holding company applies fair value
losses.                                                         accounting, with changes in fair value reported in current
Report the allowance for loan and lease losses as deter-        earnings, and manages these assets as trading positions,
mined in accordance with generally accepted accounting          subject to the controls and applicable regulatory guidance
principles (GAAP) (and described in the Glossary entry          related to trading activities. For example, a bank holding
for ‘‘allowance for loan and lease losses’’). Also include      company would generally not classify a loan to which it
in this item any allocated transfer risk reserve related to     has applied the fair value option as a trading asset unless
loans and leases held for investment that the reporting         the bank holding company holds the loan, which it
bank holding company is required to establish and main-         manages as a trading position, for one of the following
tain as specified in Section 905(a) of the International         purposes: (1) for market making activities, including
Lending Supervision Act of 1983, in the agency regula-          such activities as accumulating loans for sale or securiti-
tions implementing the Act (Subpart D of Federal                zation; (2) to benefit from actual or expected price
Reserve Regulation K), and in any guidelines, or instruc-       movements; or (3) to lock in arbitrage profits.
tions issued by the Federal Reserve. This item must equal
Schedule HI-B, part II, item 7.                                 Do not include in this item the carrying value of any
                                                                available-for-sale securities, any loans that are held for
                                                                sale (and are not classified as trading in accordance with
Line Item 4(d) Loans and leases, net of unearned                the preceding instruction), and any leases that are held for
income and allowance for loan and lease losses.                 sale. Available-for-sale securities are reported in Sched-
Report the amount derived by subtracting item 4(c) from         ule HC, item 2(b), and in Schedule HC-B, columns C and
item 4(b).                                                      D. Loans (not classified as trading) and leases held for
                                                                sale should be reported in Schedule HC, item 4(a),
Line Item 5     Trading assets.                                 ‘‘Loans and leases held for sale,’’ and in Schedule HC-C.

Trading activities typically include (a) regularly under-       Trading assets also include derivatives with a positive
writing or dealing in securities; interest rate, foreign        fair value resulting from the ‘‘marking to market’’ of
exchange rate, commodity, equity, and credit derivative         interest rate, foreign exchange rate, commodity, equity,
contracts; other financial instruments; and other assets for     and credit derivative contracts held for trading purposes
resale; (b) acquiring or taking positions in such items         as of the report date. Derivative contracts with the same
principally for the purpose of selling in the near term or      counterparty that have positive fair values and negative
otherwise with the intent to resell in order to profit from      fair values and meet the criteria for a valid right of setoff
short-term price movements; or (c) acquiring or taking          contained in ASC Subtopic 210-20, Balance Sheet –
positions in such items as an accommodation to custom-          Offsetting (formerly FASB Interpretation No. 39, Offset-
ers or for other trading purposes. Assets and other             ting of Amounts Related to Certain Contracts) (e.g., those
financial instruments held for trading shall be consis-          contracts subject to a qualifying master netting agree-
tently valued at fair value.                                    ment) may be reported on a net basis using this item and

FR Y-9C                                                                                                                HC-5
Schedule HC   June 2011
Schedule HC



Schedule HC, item 15, ‘‘Trading liabilities,’’ as appropri-   (9) Stocks and bonds issued by nonmajority-owned cor-
ate. (See the Glossary entry for ‘‘offsetting.’’)                 porations whose principal activity is the ownership of
                                                                  land, buildings, equipment, furniture, or fixtures
For those bank holding companies that must complete               occupied or used (or to be occupied or used) by the
Schedule HC-D, this item must equal Schedule HC-D,                bank holding company, its consolidated subsidiaries,
item 12, ‘‘Total trading assets,’’ and Schedule HC-Q,             or their branches.
item 2, column A.
                                                              Property formerly but no longer used for banking or
                                                              nonbanking activities may be reported in this item as
Line Item 6    Premises and fixed assets.                      ‘‘Premises and fixed assets’’ or in item 7, ‘‘Other real
                                                              estate owned.’’
Report the book value, less accumulated depreciation or
amortization, of all premises, equipment, furniture, and      Exclude from premises and fixed assets
fixtures purchased directly or acquired by means of
                                                              (1) Original paintings, antiques, and similar valuable
a capital lease. The method of depreciation or amortiza-
                                                                  objects (report in item 11, ‘‘Other assets’’);
tion should conform to generally accepted accounting
principles.                                                   (2) Favorable leasehold rights (report in item 10(b),
                                                                  ‘‘Other intangible assets’’); and
Do not deduct mortgages or other liens on such property
(report in Schedule HC, item 16, ‘‘Other borrowed             (3) Loans and advances, whether secured or unsecured,
money’’).                                                         to individuals, partnerships, and nonmajority-owned
                                                                  corporations for the purpose of purchasing or holding
Include the following as premises and fixed assets                 land, buildings, or fixtures occupied or used (or to be
(1) Premises that are actually owned and occupied (or to          occupied or used) by the bank holding company, its
    be occupied, if under construction) by the bank               consolidated subsidiaries, or their branches (report in
    holding company, its consolidated subsidiaries, or            item 4(b) ‘‘Loans and leases, net of unearned
    their branches.                                               income’’).
(2) Leasehold improvements, vaults, and fixed machin-
    ery and equipment.                                        Line Item 7    Other real estate owned.

(3) Remodeling costs to existing premises.                    Report the total amount of other real estate owned from
                                                              Schedule HC-M, item 13. For further information on
(4) Real estate acquired and intended to be used for          other real estate owned, see the instructions to Sched-
    future expansion.                                         ule HC-M, item 13, and the Glossary entry for ‘‘fore-
(5) Parking lots that are used by customers or employees      closed assets.’’
    of the bank holding company, its consolidated subsid-
    iaries, and their branches.                               Line Item 8 Investments in unconsolidated
                                                              subsidiaries and associated companies.
(6) Furniture, fixtures, and movable equipment of the
    bank holding company, its consolidated subsidiaries,      Report the amount of the bank holding company’s invest-
    and their branches.                                       ments in the stock of all subsidiaries that have not been
                                                              consolidated, associated companies, corporate joint ven-
(7) Automobiles, airplanes, and other vehicles owned by
                                                              tures, unincorporated joint ventures, and general partner-
    the bank holding company or its consolidated subsid-
                                                              ships over which the bank holding company exercises
    iaries and used in the conduct of its business.
                                                              significant influence; and noncontrolling investments in
(8) The amount of capital lease property (with the bank       certain limited partnerships and limited liability compa-
    holding company or its consolidated subsidiaries as       nies (described in the Glossary entry for ‘‘equity method
    lessee)—premises, furniture, fixtures, and equip-          of accounting’’), excluding those that represent direct and
    ment. See the discussion of accounting with bank          indirect investments in real estate venture (which are to
    holding company as lessee in the Glossary entry for       be reported in Schedule HC, item 9). The entities in
    ‘‘lease accounting.’’                                     which these investments have been made are collectively

HC-6                                                                                                              FR Y-9C
                                                                                                   Schedule HC   June 2011
Schedule HC



referred to as ‘‘investees.’’ Special purpose entities issu-   (1) Any real estate acquired, directly or indirectly, by the
ing trust preferred securities that a bank holding company         bank holding company or a consolidated subsidiary
deconsolidates under GAAP generally are considered                 and held for development, resale, or other investment
unconsolidated subsidiaries for regulatory reporting and           purposes. (Do not include real estate acquired in any
other regulatory purposes. Include such investments in             manner for debts previously contracted, including,
unconsolidated special purpose entities that issue trust           but not limited to, real estate acquired through fore-
preferred securities. Also include loans and advances to           closure or acquired by deed in lieu of foreclosure.
investees and holdings of their bonds, notes, and deben-           Report such real estate in Schedule HC-M, item 13.)
tures.
                                                               (2) Real estate acquisition, development, or construction
Investments in the common stock of investees shall be              (ADC) arrangements which are accounted for as
reported using the equity method of accounting in accor-           direct investments in real estate or real estate joint
dance with GAAP. Under the equity method, the carrying             ventures in accordance with ASC Subtopic 310-10,
value of the bank holding company’s investment in the              Receivables – Overall (formerly AICPA Practice
common stock of an investee is originally recorded at              Bulletin 1, Appendix, Exhibit I, ADC Arrangements).
cost but is adjusted periodically to record as income
the bank holding company’s proportionate share of the          (3) Real estate acquired and held for investment by the
investee’s earnings or losses and decreased by the amount          bank holding company or a consolidated subsidiary
of any cash dividends received from the investee and               that has been sold under contract and accounted for
amortization of goodwill.                                          under the deposit method of accounting in accor-
For purposes of this report, the date through which the            dance with ASC Subtopic 360-20, Property, Plant,
carrying value of the bank holding company’s investment            and Equipment – Real Estate Sales (formerly FASB
in an investee has been adjusted should, to the extent             Statement No. 66, Accounting for Sales of Real
practicable, match the report date of the FR Y-9C, but in          Estate). Under this method, the seller does not record
no case differ by more than 93 days from the report date.          notes receivable, but continues to report the real
                                                                   estate and any related existing debt on its balance
Unconsolidated subsidiaries include all subsidiaries of            sheet. The deposit method is used when a sale has not
the reporting bank holding company that are 50 percent             been consummated and is commonly used when
or less owned (i.e., less than majority-owned) by the              recovery of the carrying value of the property is not
reporting bank holding company or, for some reason                 reasonably assured. If the full accrual, installment,
under GAAP, are not consolidated on the reporting bank             cost recovery, reduced profit, or percentage-of-
holding company’s consolidated financial statements.                completion method of accounting under ASC Sub-
Refer to the General Instructions section of this book for         topic 360-20 is being used to account for the sale, the
a more detailed discussion of consolidation. See also the          receivable resulting from the sale of the real estate
Glossary entry for ‘‘subsidiaries’’ for definitions of sub-         should be reported as a loan in Schedule HC-C and
sidiary, associated companies, and joint ventures.                 any gain on the sale should be recognized in accor-
                                                                   dance with ASC Subtopic 360-20.
Line Item 9 Direct and indirect investments in                 (4) Any other loans secured by real estate and advanced
real estate ventures.                                              for real estate acquisition, development, or invest-
Report the amount of the bank holding company’s direct             ment purposes if the reporting bank holding company
and indirect investments in real estate ventures.                  in substance has virtually the same risks and potential
                                                                   rewards as an investor in the borrower’s real estate
Exclude real estate acquired in any manner for debts               venture.
previously contracted, including, but not limited to, real
estate acquired through foreclosure or acquired by deed        (5) Investments in subsidiaries that have not been con-
in lieu of foreclosure, and equity holdings that indirectly        solidated; associated companies; corporate joint ven-
represent such real estate (report in Schedule HC-M, item          tures, unincorporated joint ventures, and general
13, ‘‘Other real estate owned’’). Include as direct and            partnerships over which the bank holding company
indirect investments in real estate ventures:                      exercises significant influence; and noncontrolling

FR Y-9C                                                                                                              HC-7
Schedule HC   June 2011
Schedule HC



    investments in certain limited partnerships and lim-        impairment as described in the instructions to Schedule
    ited liability companies (described in the Glossary         HI, item 7(c)(1), ‘‘Goodwill impairment losses.’’
    entry for ‘‘equity method of accounting’’) that are
    primarily engaged in the holding of real estate for         Line Item 10(b)     Other intangible assets.
    development, resale, or other investment purposes.
    The entities in which these investments have been           Report the total amount of other intangible assets from
    made are collectively referred to as ‘‘investees.’’         Schedule HC-M, line item 12(d). For further information
    Investments by the bank holding company in these            on other intangible assets, see the instructions to Sched-
    investees may be in the form of common or preferred         ule HC-M, line items 12(a) through 12(c).
    stock, partnership interests, loans or other advances,
    bonds, notes, or debentures. Such investments shall         Line Item 11     Other assets.
    be reported using the equity method of accounting.
    For further information on the equity method, see the       Report the total amount of other assets from Sched-
    instruction to Schedule HC, item 8, above.                  ule HC-F, line item 7. For further information, see the
                                                                instructions for Schedule HC-F, line items 1 through 6.
(6) Investments in corporate joint ventures, unincorpo-
    rated joint ventures, and general partnerships over
    which the bank holding company does not exercise            Line Item 12     Total assets.
    significant influence and investments in limited part-        Report the sum of items 1 through 11. This item must
    nerships and limited liability companies that are so        equal item 29, ‘‘Total liabilities and equity capital.’’
    minor that the bank holding company has virtually no
    influence over the partnership or company, where the
    entity in which the investment has been made is             Liabilities
    primarily engaged in the holding of real estate for
    development, resale, or other investment purposes.          Line Item 13     Deposits.
                                                                (For a discussion of noninterest-bearing and interest-
Line Item 10     Intangible assets.                             bearing deposits, see the Glossary entry for ‘‘deposits.’’)

Report in the appropriate subitem the amount of intan-
gible assets. Such intangibles may arise from the               Line Item 13(a)     In domestic offices.
following:                                                      Report the total of all deposits that are booked at
(1) business combinations accounted for under the pur-          domestic offices of depository institutions that are con-
    chase method in accordance with generally accepted          solidated subsidiaries of the reporting bank holding com-
    accounting principles, and                                  pany. This item must equal the sum of Schedule HC-E,
                                                                items 1(a) through 1(e) and 2(a) through 2(e).
(2) acquisitions of portions or segments of another insti-
    tution’s business, such as branch offices, mortgage
    servicing portfolios, and credit card portfolios.           Line Item 13(a)(1)     Noninterest-bearing.
                                                                Report the total of all noninterest-bearing deposits in
                                                                domestic offices of depository institutions that are con-
Line Item 10(a)     Goodwill.                                   solidated subsidiaries of the reporting bank holding com-
Report the carrying amount of goodwill. Goodwill repre-         pany included in Schedule HC-E, Deposit Liabilities.
sents the excess of the cost of a company over the sum of
the fair values of the tangible assets and identifiable          Line Item 13(a)(2)     Interest-bearing.
intangible assets acquired less the fair value of liabilities
assumed in a business combination accounted for as a            Report the total of all interest-bearing deposits in domes-
purchase.                                                       tic offices of depository institutions that are consolidated
                                                                subsidiaries of the reporting bank holding company
Goodwill should not be amortized, but must be tested for        included in Schedule HC-E, Deposit Liabilities.

HC-8                                                                                                                 FR Y-9C
                                                                                                      Schedule HC   June 2011
Schedule HC



Line Item 13(b) In foreign offices, Edge and                   day, but has no specified maturity and does not require
Agreement subsidiaries, and IBFs.                              advance notice of the lender or the borrower to terminate.
NOTE: This item is to be reported only by bank holding         Report federal funds purchased on a gross basis, i.e., do
companies that have foreign offices or Edge or Agree-          not net them against federal funds sold, except to the
ment subsidiaries or whose consolidated subsidiaries           extent permitted under ASC Subtopic 210-20, Balance
have foreign offices, Edge or Agreement subsidiaries, or       Sheet – Offsetting (formerly FASB Interpretation No. 39,
International Banking Facilities.                              Offsetting of Amounts Related to Certain Contracts).
Report the total of all deposits booked at foreign offices     Also exclude from federal funds purchased
of depository institutions that are consolidated subsidi-
aries of the reporting bank holding company, their Edge        (1) Purchases of so-called ‘‘term federal funds’’ (as
and Agreement subsidiaries, and their IBFs.                        defined in the Glossary entry for ‘‘federal funds
                                                                   transactions’’) (report in Schedule HC, item 16,
Line Item 13(b)(1)        Noninterest-bearing.                     ‘‘Other borrowed money’’).

Report the total of all noninterest-bearing deposits in        (2) Securities repurchase agreements that have an origi-
foreign offices of depository institutions that are con-           nal maturity of one business day or roll over under a
solidated subsidiaries of the reporting bank holding               continuing contract, if the agreement requires the
company.                                                           bank holding company to repurchase the identical
                                                                   security sold or a security that meets the definition of
                                                                   substantially the same in the case of a dollar roll
Line Item 13(b)(2)        Interest-bearing.
                                                                   (report in Schedule HC, item 14(b), ‘‘Securities sold
Report the total of all interest-bearing deposits in foreign       under agreements to repurchase’’).
offices of depository institutions that are consolidated
                                                               (3) Borrowings from a Federal Home Loan Bank or a
subsidiaries of the reporting bank holding company.
                                                                   Federal Reserve Bank (report those in the form of
                                                                   securities repurchase agreements in Schedule HC,
Line Item 14 Federal funds purchased and                           item 14(b), and all other borrowings in Schedule HC,
securities sold under agreements to repurchase.                    item 16).
Line Item 14(a) Federal funds purchased in                     (4) Borrowing transactions in foreign offices involving
domestic offices.                                                  immediately available funds with an original matu-
Report the outstanding amount of federal funds pur-                rity of one business day or under a continuing
chased, i.e., immediately available funds borrowed (in             contract that are not securities repurchase agreements
domestic offices) under agreements or contracts that have          (report in Schedule HC, item 16).
an original maturity of one business day or roll over under    For further information, see the Glossary entry for
a continuing contract, excluding such funds borrowed in        ‘‘federal funds transactions.’’
the form of securities sold under agreements to repurchase
(which should be reported in Schedule HC, item 14(b))
and Federal Home Loan Bank advances (which should be           Line Item 14(b)     Securities sold under agreements
reported in Schedule HC, item 16). Transactions that are       to repurchase.
to be reported as federal funds purchased may be secured
or unsecured or may involve an agreement to repurchase         Report the outstanding amount of
loans or other instruments that are not securities.            (1) Securities repurchase agreements, regardless of
                                                                   maturity, if the agreement requires the bank holding
Immediately available funds are funds that the purchas-
                                                                   company to repurchase the identical security sold or
ing institution can either use or dispose of on the same
                                                                   a security that meets the definition of substantially
business day that the transaction giving rise to the receipt
                                                                   the same in the case of a dollar roll.
or disposal of the funds is executed. A continuing
contract, regardless of the terminology used, is an agree-     (2) Sales of participations in pools of securities, regard-
ment that remains in effect for more than one business             less of maturity.

FR Y-9C                                                                                                             HC-9
Schedule HC   June 2011
Schedule HC



Report securities sold under agreements to repurchase         complete Schedule HC-D, ‘‘Trading Assets and Liabi-
on a gross basis, i.e., do not net them against securities    lites,’’ the amount reported in this item must equal
purchased under agreements to resell, except to the           Schedule HC-D, item 15, and Schedule HC-Q, item 5,
extent permitted under ASC Subtopic 210-20, Balance           column A.
Sheet – Offsetting (formerly FASB Interpretation No. 41
Offsetting of Amounts Related to Certain Repurchase and       Line Item 16     Other borrowed money.
Reverse Repurchase Agreements).                               Report the total amount of other borrowed money from
Exclude from this item                                        Schedule HC-M, line item 14(d). For further information
                                                              on other borrowed money, see the instructions to Sched-
(1) Repurchase agreements involving assets other than         ule HC-M, line items 14(a) through 14(c).
    securities (report in Schedule HC, item 14(a), ‘‘Fed-
    eral funds purchased,’’ or item 16, ‘‘Other borrowed      Line Item 17     Not applicable.
    money,’’ as appropriate, depending on the maturity
    and office location of the transaction).                  Line Item 18     Not applicable.

(2) Borrowings from a Federal Home Loan Bank or a             Line Item 19(a)     Subordinated notes and
    Federal Reserve Bank other than in the form of            debentures.
    securities repurchase agreements (report in Sched-        Report the amount of subordinated debt of the consoli-
    ule HC, item 16).                                         dated bank holding company. Include the amount of
(3) Obligations under due bills that resulted when the        outstanding notes and debentures that are subordinated
    bank holding company sold securities or other assets      to the deposits of the subsidiary depository institutions
    and received payment, but has not yet delivered the       (see the Glossary entry for ‘‘subordinated notes and
    assets, and similar obligations, whether collateralized   debentures’’) and any other debt that is designated as
    or uncollateralized (report in Schedule HC, item 16).     subordinated in its indenture agreement.
    See the Glossary entry for ‘‘due bills.’’                 Include in this line item the total amount of outstanding
(4) So-called yield maintenance dollar repurchase agree-      equity contract notes and equity commitment notes that
    ments (see the Glossary entry for ‘‘repurchase/resale     qualify as capital, as defined by the Federal Reserve
    agreements’’).                                            Board’s capital adequacy guidelines, 12 C.F.R., Part 225,
                                                              Appendix B.
For further information, see the Glossary entry for
‘‘repurchase/resale agreements.’’                             Also include perpetual debt securities that are sub-
                                                              ordinated.
Line Item 15    Trading liabilities.                          For purposes of this item, report the amount of any
                                                              outstanding limited-life preferred stock including any
Report the amount of liabilities from the reporting bank
                                                              amounts received in excess of its par or stated value. (See
holding company’s trading activities. Include liabilities
                                                              the Glossary entry for ‘‘preferred stock’’ for the defini-
resulting from the sales of assets that the reporting bank
                                                              tion of limited-life preferred stock.)
holding company does not own (see Glossary entry for
‘‘short position’’) and revaluation losses from ‘‘marking     For purposes of this report, do not include instruments
to market’’ derivative contracts into which the reporting     generally referred to as trust preferred securities in this
bank holding company has entered for trading, dealer,         item. Such securities of consolidated special purpose
customer accommodation, and similar purposes.                 entities should be reported in line item 19(b), ‘‘Subordi-
                                                              nated notes payable to unconsolidated trusts issuing trust
In addition, for purposes of this report, bank holding
                                                              preferred securities, and trust preferred securities issued
companies may classify liabilities as trading if the bank
                                                              by consolidated special purpose entities.’’
holding company applies fair value accounting, with
changes in fair value reported in current earnings, and       Also do not include reportable notes payable to uncon-
manages these assets as trading positions, subject to the     solidated special purpose entities that issue trust pre-
controls and applicable regulatory guidance related to        ferred securities. Report such notes payable in line item
trading activities. For bank holding companies that must      19(b).

HC-10                                                                                                             FR Y-9C
                                                                                                   Schedule HC   June 2011
Schedule HC



Line Item 19(b) Subordinated notes payable to                   Line Item 26(a)    Retained earnings.
unconsolidated trusts issuing trust preferred
securities, and trust preferred securities issued by            Report the amount of retained earnings (including capi-
consolidated special purpose entities.                          tal reserves) as of the report date. The amount of the
                                                                retained earnings should reflect the transfer of net
Report the amount of subordinated notes payable to              income, declaration of dividends, transfers to surplus,
unconsolidated special purpose entities (trusts) that issue     and any other appropriate entries.
trust preferred securities. If the bank holding company
consolidates special purpose entities that issue trust          Adjustments of accruals and other accounting estimates
preferred securities, report the amount of the trust pre-       made shortly after the report date that relate to the
ferred securities issued by the special purpose entity. For     income and expenses of the year-to-date period ended as
further information, see the glossary entry for ‘‘Trust         of the report date must be reported in the appropriate
preferred securities issued.’’                                  items of Schedule HI, Income Statement, for that year-to-
                                                                date period.
Line Item 20      Other liabilities.
                                                                Capital reserves are segregations of retained earnings and
Report the total amount of other liabilities from Sched-
                                                                are not to be reported as liability accounts or as reduc-
ule HC-G, line item 5. For further information see the
                                                                tions of asset balances. Capital reserves may be estab-
instructions for Schedule HC-G, line items 2 through 4.
                                                                lished for such purposes as follows:
Line Item 21      Total liabilities.                            (1) Reserve for undeclared stock dividends—includes
Report the sum of items 13 through 20.                              amounts set aside to provide for stock dividends (not
                                                                    cash dividends) not yet declared.
Line Item 22      Not applicable.                               (2) Reserve for undeclared cash dividends—includes
Equity Capital                                                      amounts set aside for cash dividends on common and
                                                                    preferred stock not yet declared. (Cash dividends
Line Item 23 Perpetual preferred stock and                          declared but not yet payable should be included in
related surplus.                                                    item 20, ‘‘Other liabilities,’’ of this schedule.)
Report the amount of perpetual preferred stock issued,
                                                                (3) Retirement account (for limited-life preferred stock
including any amounts received in excess of its par
                                                                    or notes and debentures subordinated to deposits)—
or stated value. (See the Glossary entry for ‘‘preferred
                                                                    includes amounts allocated under the plan for retire-
stock’’ for the definition of perpetual preferred stock.)
                                                                    ment of limited-life preferred stock or notes and
Line Item 24      Common stock (par value).                         debentures subordinated to deposits contained in the
                                                                    bank holding company’s articles of association or in
Report the aggregate par or stated value of common stock            the agreement under which such stock or notes and
issued.                                                             debentures were issued.
Line Item 25 Surplus (exclude all surplus related               (4) Reserve for contingencies includes amounts set aside
to preferred stock).                                                for possible unforeseen or indeterminate liabilities
                                                                    not otherwise reflected on the bank holding com-
Report the net amount formally transferred to the surplus
                                                                    pany’s books and not covered by insurance. This
account, including capital contributions, and any amount
                                                                    reserve may include, for example, reserves set up
received for common stock in excess of its par or stated
                                                                    to provide for possible losses that bank holding
value on or before the report date.
                                                                    company may sustain because of lawsuits, the deduct-
Do not include any portion of the proceeds received from            ible amount under the bank holding company’s blan-
the sale of limited-life preferred stock in excess of its par       ket bond, defaults on obligations for which the bank
or stated value (report in Schedule HC, item 19(a)) or any          holding company is contingently liable, or other
portion of the proceeds received from the sale of per-              claims against the bank holding company. A reserve
petual preferred stock in excess of its par or stated value         for contingencies represents a segregation of retained
(report in Schedule HC, item 23).                                   earnings. It should not include any element of known

FR Y-9C                                                                                                            HC-11
Schedule HC   June 2011
Schedule HC



    losses or of any probable losses the amount of which     ties’’ in ASC Topic 320 (e.g., commercial paper, non-
    can be estimated with reasonable accuracy (see the       rated industrial development obligations) that the bank
    Glossary entry for ‘‘loss contingencies’’ for addi-      holding company has designated as ‘‘available-for-sale’’
    tional information).                                     which are reported for purposes of the FR Y-9C in a
                                                             balance sheet category other than ‘‘securities’’ (e.g.,
Exclude the following from retained earnings:
                                                             ‘‘loans and lease financing receivables’’). These
(1) The amount of the cumulative foreign currency trans-     ‘‘available-for-sale’’ assets must be carried on the
    lation adjustment (report in item 26(b)).                FR Y-9C balance sheet at fair value rather than amortized
                                                             cost and the difference between these two amounts, net of
(2) Any portion of the proceeds received from the sale of
                                                             tax effects, must be included in this item.
    perpetual preferred stock and common stock in
    excess of its par or stated value (report surplus        Also include in this item the unamortized amount of the
    related to perpetual preferred stock in item 23 and      unrealized holding gain or loss at the date of transfer of
    surplus related to common stock in item 25 except        any debt security transferred into the held-to-maturity
    where required by state law or regulation).              category from the available-for-sale category. When a
                                                             debt security is transferred from available-for-sale to
(3) Any portion of the proceeds received from the sale of
                                                             held-to-maturity, the unrealized holding gain or loss at
    limited-life preferred stock in excess of its par or
                                                             the date of transfer continues to be reported in this equity
    stated value (report in Schedule HC, item 19(a)).
                                                             capital account, but must be amortized over the remain-
(4) ‘‘Reserves’’ that reduce the related asset balances      ing life of the security as an adjustment of yield in a
    such as valuation allowances (e.g., allowance for        manner consistent with the amortization of any premium
    loan and lease losses), reserves for depreciation, and   or discount.
    reserves for bond premiums.
                                                             Accumulated net gains (losses) on cash flow hedges 1 is
                                                             the effective portion 2 of the accumulated change in fair
Line Item 26(b)    Accumulated other comprehensive           value (gain or loss) on derivatives designated and quali-
income.                                                      fying as cash flow hedges in accordance with ASC Topic
Report in this item the amount of other comprehensive        815, Derivatives and Hedging (formerly FASB Statement
income in conformity with the requirements of ASC            No. 133, Accounting for Derivative Instruments and
Subtopic 220-10, Comprehensive Income – Overall (for-        Hedging Activities).
merly FASB Statement No. 130, Reporting Comprehen-           Under ASC Topic 815, a bank holding company that
sive Income). Accumulated other comprehensive income         elects to apply hedge accounting must exclude from net
includes net unrealized holding gains (losses) on            income the effective portion of the change in fair value of
available-for-sale securities, accumulated net gains         a derivative designated as a cash flow hedge and record it
(losses) on cash flow hedges, foreign currency translation    on the balance sheet in a separate component of equity
adjustments, and minimum pension liability adjustments.
Net unrealized holding gains (losses) on available-for-
sale securities is the difference between the amortized         1. Generally, the objective of a cash flow hedge is to link a derivative to
cost and fair value of the reporting bank holding com-       an existing recognized asset or liability or a forecasted transaction with
                                                             exposure to variability in expected future cash flows, e.g., the future
pany and its consolidated subsidiaries’ available-for-sale   interest payments (receipts) on a variable-rate liability (asset) or a fore-
securities, net of tax effects, as of the report date. For   casted purchase (sale). The changes in cash flows of the derivative are
most bank holding companies, all ‘‘securities,’’ as the      expected to offset changes in cash flows of the hedged item or transaction.
term is defined in ASC Topic 320, Investments-Debt and        To achieve the matching of cash flows, ASC Topic 815 requires that
Equity Securities (formerly FASB Statement No. 115,          changes in fair value of properly designated and qualifying derivatives
                                                             initially be reported in a separate component of equity (accumulated other
Accounting for Certain Investments in Debt and Equity        comprehensive income) and reclassified into earnings in the same period
Securities), that are designated as ‘‘available-for-sale’’   that the hedged transaction affects earnings.
will be reported as ‘‘available-for-sale securities’’ in
                                                                2. The effective portion of a cash flow hedge can be described as a
Schedule HC, item 2(b), and in Schedule HC-B, columns        change in fair value of the derivative that offsets the change in expected
C and D. However, a bank holding company may have            future cash flows being hedged. Refer to ASC Topic 815, for further
certain assets that fall within the definition of ‘‘securi-   information.


HC-12                                                                                                                           FR Y-9C
                                                                                                              Schedule HC      June 2011
Schedule HC



capital (referred to as ‘‘accumulated other comprehensive     ble tax benefits, the excess of additional pension liability
income’’ in the accounting standard). The ineffective         over unrecognized prior service cost.
portion of the cash flow hedge must be reported in
earnings. The equity capital component (i.e., the accumu-     Line Item 26(c)    Other equity capital components.
lated other comprehensive income) associated with a           Report the carrying value of any treasury stock and of
hedged transaction should be adjusted each reporting          any unearned Employee Stock Ownership Plan (ESOP)
period to a balance that reflects the lesser (in absolute      shares, which under generally accepted accounting prin-
amounts) of:                                                  ciples are reported in a contra-equity account on the
(1) the cumulative gain or loss on the derivative from        balance sheet. For further information, see the Glossary
    inception of the hedge, less (a) amounts excluded         entry for ‘‘treasury stock,’’ ASC Subtopic 718-40,
    consistent with the bank holding company’s defined         Compensation-Stock Compensation – Employee Stock
    risk management strategy, and (b) the derivative’s        Ownership Plans (formerly AICPA Statement of Position
                                                              93-6, Employers’ Accounting for Employee Stock Owner-
    gains or losses previously reclassified from accumu-
                                                              ship Plans).
    lated other comprehensive income into earnings to
    offset the hedged transaction, or                         Line Item 27(a)     Total bank holding company
(2) The portion of the cumulative gain or loss on the         equity capital.
    derivative necessary to offset the cumulative change      Report the sum of items 23 through 26(c). This item must
    in expected future cash flows on the hedged transac-       equal HI-A, item 15, ‘‘Total bank holding company
    tion from inception of the hedge less the derivative’s    equity capital end of current period.’’
    gains or losses previously reclassified from accumu-
    lated other comprehensive income into earnings.           Line Item 27(b) Noncontrolling (minority)
                                                              interests in consolidated subsidiaries.
Accordingly, the amount reported in this item should
reflect the sum of the adjusted balance (as described          Report the portion of the equity capital accounts of all
above) of the cumulative gain or loss for each derivative     consolidated subsidiaries of the reporting bank holding
designated and qualifying as a cash flow hedge. These          company held by parties other than the parent bank
amounts will be reclassified into earnings in the same         holding company. A noncontrolling interest, sometimes
period or periods during which the hedged transactions        called a minority interest, is the portion of equity in a
affects earnings (for example, when a hedged variable-        subsidiary not attributable, directly or indirectly, to the
rate interest receipt on a loan is accrued or when a          parent bank holding company.
forecasted sale occurs).
                                                              Line Item 28     Total equity capital.
Include in this item the sum of the bank holding com-         Report the sum of items 27(a) and 27(b).
pany’s foreign currency translation adjustments accumu-
lated in accordance with ASC Topic 830, Foreign Cur-          Line Item 29     Total liabilities and equity capital.
rency Matters, (formerly FASB Statement No. 52,
Foreign Currency Translation). A net debit balance            Report the sum of items 21 and 28. This item must equal
should be reported as a reduction of the total amount         Schedule HC, item 12, ‘‘Total assets.’’
reported in this item (See the Glossary entry for ‘‘foreign
currency transactions and translation’’ for further infor-    Memoranda
mation.)                                                      Line Item M1 Has the bank holding company
                                                              engaged in a full-scope independent external audit
Report any minimum pension liability adjustment rec-
                                                              at any time during the calendar year?
ognized in accordance with ASC Topic 715,
Compensation-Retirement Benefits (formerly FASB                Enter a ‘‘1’’ for yes if the bank holding company has
Statement No. 87, Employers’ Accounting for Pensions).        engaged in a full-scope independent external audit (in
Under ASC Topic 715, an employer must report in a             which an opinion is rendered on their financial state-
separate component of equity capital, net of any applica-     ments) at any time during the calendar year as of the

FR Y-9C                                                                                                           HC-13
Schedule HC   June 2011
Schedule HC



December 31 report date. Also enter a ‘‘1’’ for yes if the     of the bank holding company’s independent external
bank holding company has engaged or begun a full-scope         auditing firm. An independent auditing firm is a company
independent external audit by December 31 that has not         that provides full-scope auditing services to the bank
yet concluded. Enter a ‘‘0’’ if the response to this           holding company in which an opinion is rendered on
question is no. If the response to this question is yes, the   their financial statements. Bank holding companies that
bank holding company must complete all of Memoranda            do not have a full-scope audit conducted of their financial
item 2 below. If the response to this question is no, skip     statements do not need to complete this item.
Memoranda item 2.
                                                               Report in memoranda item 2(b) the name and e-mail
Line Item M2 If the response to Memoranda item
1 is yes, indicate below the name and address of the           address of the independent external auditing firm’s
bank holding company’s independent external                    engagement partner (partner in charge of the audit). This
auditing firm, and the name and e-mail address of               contact information is for the confidential use of the
the auditing firm’s engagement partner.                         Federal Reserve and will not be released to the public.

Report in memoranda item 2(a) the name and address
(city, U.S. Postal Service abbreviation for state, zip code)




HC-14                                                                                                             FR Y-9C
                                                                                                   Schedule HC   June 2011
LINE ITEM INSTRUCTIONS FOR

Securities
Schedule HC-B




General Instructions                                                            tion of discount if the debt security was purchased at
                                                                                other than par or face value. (See the Glossary entry for
This schedule has four columns for information on                               ‘‘premiums and discounts.’’) As defined in ASC Topic
securities: two columns for held-to-maturity securities                         820, Fair Value Measurements and Disclosures (formerly
and two columns for available-for-sale securities.1 Report                      FASB Statement No. 157 Fair Value Measurements), fair
the amortized cost and fair value of held-to-maturity                           value is ‘‘the price that would be received to sell an asset
securities in columns A and B, respectively. Report the                         or paid to transfer a liability in an orderly transaction
amortized cost and fair value of available-for-sale debt                        between market participants at the measurement date.’’
securities in columns C and D, respectively. Information                        For further information, see the Glossary entry for ‘‘fair
on equity securities with readily determinable fair values                      value.’’
is reported in the columns for available-for-sale securities
only (columns C and D). For these equity securities,                            The preferred method for reporting purchases and sales
historical cost (not amortized cost) is reported in column                      of securities is as of trade date. However, settlement date
C and fair value is reported in column D.                                       accounting is acceptable if the reported amounts would
                                                                                not be materially different. (See the Glossary entry for
Exclude from this schedule all securities held for trading                      ‘‘trade date and settlement date accounting.’’)
and securities the bank holding company has elected to
report at fair value under a fair value option even if bank                     For purposes of this schedule, the following events and
holding company management did not acquire the secu-                            transactions shall be treated in the following manner:
rities principally for the purpose of selling them in the
                                                                                (1) Purchases of securities under agreements to resell
near term. Securities held for trading and securities
                                                                                    and sales of securities under agreements to
reported under a fair value option are to be reported in
                                                                                    repurchase—These transactions are not to be treated
Schedule HC, item 5, ‘‘Trading assets,’’ and, for certain
                                                                                    as purchases or sales of securities but as lending
bank holding companies, in Schedule HC-D - Trading
                                                                                    or borrowing (i.e., financing) transactions collateral-
Assets and Liabilities. Trading assets and securities
                                                                                    ized by these securities if the agreements meet the
reported under a fair value option are also reported in
                                                                                    criteria for a borrowing as set forth in ASC Topic
Schedule HC-Q - Financial Assets and Liabilities Mea-
                                                                                    860, Transfers and Servicings (formerly FASB State-
sured at Fair Value.
                                                                                    ment No. 140, Accounting for Transfers and Servic-
In general, amortized cost is the purchase price of a debt                          ing of Financial Assets and Extinguishments of
security adjusted for amortization of premium or accre-                             Liabilities). For further information, see the Glos-
                                                                                    sary entry for ‘‘transfers of financial assets’’ and
                                                                                    ‘‘repurchase/resale agreements.’’
   1. Available-for-sale securities are generally reported in Schedule
HC-B, columns C and D. However, a bank holding company may have                 (2) Purchases and sales of participations in pools of
certain assets that fall within the definition of ‘‘securities’’ in ASC Topic        securities—Similarly, these transactions are not to be
320, Investments-Debt and Equity Securities (formerly FASB Statement                treated as purchases or sales of the securities in the
No. 115, Accounting for Certain Investments in Debt and Equity Securi-
                                                                                    pool but as lending or borrowing (i.e., financing)
ties), (e.g., certain industrial development obligations) that the bank hold-
ing company has designated as ‘‘available-for-sale’’ which are reported for         transactions collateralized by the pooled securities if
purposes of the FR Y-9C report in a balance sheet category other than               the participation agreements meet the criteria for a
‘‘Securities’’ (e.g., ‘‘Loans and lease financing receivables’’).                    borrowing set forth in ASC Topic 860. For further

FR Y-9C                                                                                                                            HC-B-1
Schedule HC-B     June 2011
Schedule HC-B



      information, see the Glossary entry for ‘‘transfers of      government agency and obligations (excluding mortgage-
      financial assets’’ and ‘‘repurchase/resale agree-            backed securities) not held in trading accounts.
      ments.’’
                                                                  For purposes of this line item, exclude from U.S. govern-
(3)   Pledged securities—Pledge securities that have not          ment agency obligations:
      been transferred to the secured party should continue
      to be included in the pledging bank holding com-            (1) Loans to the Export Import Bank and to federally-
      pany’s holdings of securities that are reported in              sponsored lending agencies (report in ‘‘All other
      Schedule HC-B. If the reporting bank holding com-               loans,’’ Schedule HC-C, item 9). Refer to the Glos-
      pany has transferred pledged securities to the secured          sary entry for federally-sponsored lending agency for
      party, the reporting bank holding company should                the definition of this term.
      account for the pledged securities in accordance with
                                                                  (2) All holdings of U.S. government-issued or -guaranteed
      ASC Topic 860.
                                                                      mortgage pass-through securities (report in item 4(a)
(4)   Securities borrowed and lent—Securities borrowed                below).
      and lent shall be reported on the balance sheet
      of either the borrowing or lending bank holding             (3) Collateralized mortgage obligations (CMOs), real
      company or its consolidated subsidiaries in accor-              estate mortgage investments conduits (REMICs),
      dance with ASC Topic 860. For further information,              CMO and REMIC residuals, and stripped mortgage-
      see the Glossary entries for ‘‘transfers of financial            backed securities (such as interest-only strips (IOs),
      assets’’ and ‘‘securities borrowing/lending                     principal-only strips (POs) and similar instruments)
      transactions.’’                                                 issued by U.S. government agencies and corporations
                                                                      (report in item 4(b) below).
(5)   Short sales of securities—Such transactions are to be
      reported as described in the Glossary entry for ‘‘short     (4) Participations in pools of Federal Housing Adminis-
      position.’’                                                     tration (FHA) Title I loans, which generally consist
(6)   Futures, forward, and standby contracts—Such open               of junior lien home improvement loans.
      contracts to buy or sell in the future are to be reported
      as derivatives in Schedule HC-L, item 11).                  Line Item 2(a)    Issued by U.S. government
Line Item 1 U.S. Treasury securities.                             agencies.
Report in the appropriate columns the amortized cost and          Report in the appropriate columns the amortized cost and
fair value of all U.S. Treasury securities not held in            fair value of all obligations not held in trading accounts
trading accounts. Include all bills, certificates of indebt-       that have been issued by U.S. government agencies. For
edness, notes, and bonds, including those issued under            purposes of this item, a U.S. government agency is
the Separate Trading of Registered Interest and Princi-           defined as an instrumentality of the U.S. government
pal of Securities (STRIPS) program and those that are             whose debt obligations are fully and explicitly guaran-
‘‘inflation indexed.’’                                             teed as to the timely payment of principal and interest by
Exclude all obligations of U.S. government agencies and           the full faith and credit of the U.S. government.
corporations. Also exclude detached Treasury security             Include, among others, debt securities (but not mortgage-
coupons and ex-coupon Treasury securities held as the             backed securities) of the following U.S. government
result of either their purchase or the bank’s stripping of        agencies:
such securities and Treasury receipts such as CATs,
TIGRs, COUGARs, LIONs, and ETRs (report in item 6).               (1) Export–Import Bank (Ex-Im Bank)
(Refer to the Glossary entry for ‘‘coupon stripping’’ for         (2) Federal Housing Administration (FHA)
additional information.)
                                                                  (3) Government National Mortgage Association
Line Item 2 U.S. government agency obligations                        (GNMA)
(exclude mortgage-backed securities).
                                                                  (4) Maritime Administration
Report in the appropriate columns of the appropriate
subitem the amortized cost and fair value of all U.S.             (5) Small Business Administration (SBA)

HC-B-2                                                                                                                FR Y-9C
                                                                                                     Schedule HC-B   June 2011
Schedule HC-B



Include such obligations as:                                (10) Tennessee Valley Authority (TVA)
(1) Small Business Administration (SBA) ‘‘Guaranteed        (11) U.S. Postal Service
    Loan Pool Certificates,’’ which represent an undi-
    vided interest in a pool of SBA-guaranteed portion of   Exclude debt securities issued by SLM Corporation, the
    loans for which the SBA has further guaranteed the      private-sector corporation that is the successor to the
    timely payment of scheduled principal and interest      Student Loan Marketing Association (report in Schedule
    payments.                                               HC-B, item 6(a), ‘‘Other domestic debt securities,’’
                                                            below), and securitized student loans issued by SLM
(2) Participation certificates issued by the Export–Import   Corporation (or its affiliates) (report in Schedule HC-B,
    Bank and the General Services Administration.           item 5, ‘‘Asset-backed securities,’’ below).
(3) Notes issued by the Farmers Home Administration
    (FmHA) and instruments (certificates of beneficial        Line Item 3 Securities issued by states and
    ownership and insured note insurance contracts) rep-    political subdivisions in the U.S.
    resenting an interest in FmHA-insured notes.
                                                            Report amortized cost and fair value of all securities
Line Item 2(b) Issued by U.S. government-                   issued by states and political subdivisions in the United
sponsored agencies.                                         States not held in trading accounts.
Report in the appropriate column the amortized cost         States and political subdivisions in the U.S., for purposes
and fair value of all obligations not held in trading       of this report, include:
accounts that have been issued by U.S. government-
sponsored agencies. For purposes of the FR Y-9C, U.S.       (1) the fifty states of the United States and the District of
government-sponsored agencies are defined as agencies            Columbia and their counties, municipalities, school
originally established or chartered by the U.S. govern-         districts, irrigation districts, and drainage and sewer
ment to serve public purposes specified by the U.S.              districts; and
Congress but whose debt obligations are not explicitly      (2) the governments of Puerto Rico and of the U.S.
guaranteed by the full faith and credit of the U.S.             territories and possessions and their political
government.                                                     subdivisions.
Include, among others, debt securities (but not mortgage-   Securities issued by states and political subdivisions
backed securities) of the following government-             include:
sponsored agencies:
                                                            (1) General obligations, which are securities whose prin-
 (1) Federal Agricultural Mortgage Corporation                  cipal and interest will be paid from the general tax
     (Farmer Mac)                                               receipts of the state or political subdivision.
 (2) Federal Farm Credit Banks                              (2) Revenue obligations, are securities whose debt ser-
 (3) Federal Home Loan Banks (FHLBs)                            vice is paid solely from the revenues of the projects
                                                                financed by the securities rather than from general
 (4) Federal Home Loan Mortgage Corporation                     tax funds.
     (FHLMC or Freddie Mac)
                                                            (3) Industrial development and similar obligations.
 (5) Federal Land Banks (FLBs)
                                                            Treatment of industrial development bonds (IDBs).
 (6) Federal National Mortgage Association (FNMA or
                                                            IDBs, sometimes referred to as ‘‘industrial revenue
     Fannie Mae)
                                                            bonds,’’ are typically issued by local industrial develop-
 (7) Financing Corporation (FICO)                           ment authorities to benefit private commercial and indus-
                                                            trial development. For purposes of this report, all IDBs
 (8) Resolution Funding Corporation (REFCORP)
                                                            should reported as securities in this item or as loans in
 (9) Student Loan Marketing Association (SLMA or            Schedule HC-C, (item 9) consistent with the asset cate-
     Sallie Mae)                                            gory in which the bank holding company reports its IDBs

FR Y-9C                                                                                                        HC-B-3
Schedule HC-B   June 2009
Schedule HC-B



on its balance sheet for other financial reporting pur-         (6) Collateralized mortgage obligations (CMOs), real
poses. Regardless of whether they are reported as securi-          estate mortgage investments conduits (REMICs),
ties in Schedule HC-B or as loans in Sched-                        CMO and REMIC residuals, and stripped mortgage-
ule HC-C, all IDBs that meet the definition of a ‘‘secu-            backed securities (such as interest-only strips (IOs),
rity’’ in ASC Topic 320, Investment-Debt and                       principal-only strips (POs), and similar instruments)
Equity Securities (formerly FASB Statement No. 115,                issued by state and local housing authorities in the
Accounting for Certain Investments in Debt and Equity              U.S. (report in Schedule HC-B, item 4(b) below).
Securities) must be measured in accordance with ASC
                                                               (7) All obligations of states and political subdivisions in
Topic 320.
                                                                   the U.S. held by the reporting bank holding company
Treatment of other obligations of state and political              or its consolidated subsidiaries in trading accounts
subdivisions in the U.S. In addition to those IDBs that are        (report in Schedule HC, item 5).
reported as securities in accordance with the preceding
paragraph, also include in this item as securities issued by
states and political subdivisions in the U.S., all obliga-     Line Item 4     Mortgage-backed securities (MBS).
tions other than IDBs that meet any of the following           Report in the appropriate columns of the appropriate
criteria:                                                      subitems the amortized cost and fair value of all residen-
(1) Nonrated obligations of states and political subdivi-      tial and commercial mortgage-backed securities, includ-
    sions in the U.S., other than those specifically excluded   ing mortgage pass-through securities, collateralized mort-
    below, that the bank holding company considers             gage obligations (CMOs), real estate mortgage investment
    securities for other financial reporting purposes.          conduits (REMICs), CMO and REMIC residuals, stripped
                                                               mortgage-backed securities (such as interest-only strips
(2) Notes, bonds, and debentures (including tax warrants
                                                               (IOs), principal-only strips (POs), and similar instru-
    and tax-anticipation notes) that are rated by a
                                                               ments), and mortgage-backed commercial paper not held
    nationally-recognized rating service.
                                                               for trading.
(3) Obligations of state and local governments that
                                                               Exclude from mortgage-backed securities:
    are guaranteed by the U.S. government (excluding
    mortgage-backed securities).                               (1) Securities backed by loans extended under home
Exclude from item 3:                                               equity lines, i.e., revolving open-end lines of credit
                                                                   secured by 1-4 family residential properties (report as
(1) All overdrafts of states and political subdivisions in         asset-backed securities in Schedule HC-B, item 5,
    the U.S. (report as loans in Schedule HC, item 4(b),           and, if applicable, in Schedule HC-B, Memorandum
    and Schedule HC-C, item 9).                                    item 5(b), ‘‘Home equity lines’’).
(2) All lease financing receivables of states and political     (2) Bonds issued by the Federal National Mortgage
    subdivisions in the U.S. (report as leases in Sched-           Association (FNMA) and the Federal Home Loan
    ule HC, item 4(b), and Schedule HC-C, item 10).                Mortgage Corporation (FHLMC) that are collateral-
(3) All IDBs that are to be reported as loans in accor-            ized by mortgages, i.e., mortgage-backed bonds,
    dance with the reporting treatment described above             (report in Schedule HC-B, item 2(b), Obligations
    (report as loans in Schedule HC, item 4(b), and                ‘‘Issued by U.S. Government-sponsored agencies’’)
    Schedule HC-C; item 9).                                        and mortgage-backed bonds issued by non-U.S. Gov-
                                                                   ernment issuers (report in Schedule HC-B, item 6,
(4) All other nonrated obligations of states and political
                                                                   ‘‘Other debt securities,’’ below).
    subdivisions in the U.S. that the bank holding com-
    pany considers loans for other financial reporting          (3) Participation certificates issued by the Export-Import
    purposes (report as loans in Schedule HC, item 4(b),           Bank and the General Services Administration (report
    and Schedule HC-C, item 9).                                    in Schedule HC-B, item 2(a), Obligations ‘‘Issued by
                                                                   U.S. Government agencies’’).
(5) All mortgage pass-through securities issued by state
    and local housing authorities in the U.S. (report in       (4) Participation certificates issued by a Federal Interme-
    Schedule HC-B, item 4(a) below).                               diate Credit Bank (report in Schedule HC-F, item 4,

HC-B-4                                                                                                             FR Y-9C
                                                                                                  Schedule HC-B   June 2011
Schedule HC-B



    ‘‘Equity securities that do not have readily determin-    mortgage pass-through securities issued by FNMA and
    able fair values’’).                                      FHLMC (report in Schedule HC-B, item 4(a)(2), below).

                                                              Line Item 4(a)(2)     Issued by FNMA and FHLMC.
Line Item 4(a) Residential mortgage pass-through
securities.                                                   Report in the appropriate columns the amortized cost and
                                                              fair value of all holdings of 1-4 family residential mort-
Report in the appropriate columns of the appropriate
                                                              gage pass-through securities issued by the Federal
subitems the amortized cost and fair value of all holdings
                                                              National Mortgage Association (FNMA) and the Federal
of residential mortgage pass-through securities that are
                                                              Home Loan Mortgage Corporation (FHLMC) that are not
not held for trading. In general, a residential mortgage
                                                              held for trading. Exclude 1-4 family residential mortgage
pass-through security represents an undivided interest in
                                                              pass-through securities that are guaranteed by the Gov-
a pool of loans secured by 1-4 family residential proper-
                                                              ernment National Mortgage Association (GNMA) (report
ties that provides the holder with a pro rata share of all
                                                              in Schedule HC-B, item 4(a)(1), above).
principal and interest payments on the residential mort-
gages in the pool, and includes certificates of participa-
                                                              Line Item 4(a)(3)      Other pass-through securities.
tion in pools of residential mortgages.
                                                              Report in the appropriate columns the amortized cost and
Include certificates of participation in pools of 1-4 family
                                                              fair value of all holdings of 1-4 family residential mort-
residential mortgages even though the reporting bank
                                                              gage pass-through securities issued by others (e.g., other
holding company was the original holder of the mort-
                                                              depository institutions, insurance companies, state and
gages underlying the pool and holds the instruments
                                                              local housing authorities in the U.S.) that are not guaran-
covering that pool, as may be the case with GNMA
                                                              teed by the U.S. Government and are not held for trading.
certificates issued by the bank holding company and
swaps with FNMA and FHLMC. Also include U.S.                  If the bank holding company has issued pass-through
Government-issued participation certificates (PCs) that        securities backed by a pool of its own 1-4 family
represent a pro rata share of all principal and interest      residential mortgages and the certificates are not guaran-
payments on a pool of resecuritized participation certifi-     teed by the U.S. Government, any holdings of these
cates that, in turn, are backed by 1-4 family residential     pass-through securities (not held for trading) are to be
mortgages, e.g., FHLMC Giant PCs.                             reported in this item.
Exclude all holdings of commercial mortgage pass-
through securities, including pass-through securities         Line Item 4(b)     Other residential mortgage-backed
backed by loans secured by multifamily (5 or more)            securities.
residential properties (report in Schedule HC-B, item         Report in the appropriate columns of the appropriate
4(c)(1), below). Also exclude all collateralized mortgage     subitems the amortized cost and fair value of all 1-4
obligations (CMOs), real estate mortgage investment           family residential mortgage-backed securities other than
conduits (REMICs), CMO and REMIC residuals, stripped          pass-through securities that are not held for trading.
mortgage-backed securities (such as interest-only strips
(IOs), principal-only strips (POs), and similar instru-       Other residential mortgage-backed securities include:
ments), and mortgage-backed commercial paper (report          (1) All classes of collateralized mortgage obligations
in Schedule HC-B, item 4(b) or 4(c)(2), below, as                 (CMOs) and real estate mortgage investments con-
appropriate).                                                     duits (REMICs) backed by loans secured by 1-4
                                                                  family residential properties.
Line Item 4(a)(1)      Guaranteed by GNMA.                    (2) CMO and REMIC residuals and similar interests
                                                                  backed by loans secured by 1-4 family residential
Report in the appropriate columns the amortized cost and
                                                                  properties.
fair value of all holdings of 1-4 family residential mort-
gage pass-through securities guaranteed by the Govern-        (3) Stripped 1-4 family residential mortgage-backed
ment National Mortgage Association (GNMA) that are                securities (such as interest-only strips (IOs), principal-
not held for trading. Exclude 1-4 family residential              only strips (POs), and similar instruments).

FR Y-9C                                                                                                            HC-B-5
Schedule HC-B   June 2009
Schedule HC-B



(4) Commercial paper backed by loans secured by 1-4            of CMOs or REMICs, CMO or REMIC residuals, and
    family residential properties.                             stripped mortgage-backed securities) issued or guaran-
                                                               teed by FNMA, FHLMC, GNMA, or VA.
Line Item 4(b)(1) Issued or guaranteed by FNMA,
FHLMC, or GNMA.                                                Line Item 4(c)    Commercial MBS.
Report in the appropriate columns the amortized cost and       Report in the appropriate columns of the appropriate
fair value of all classes of CMOs and REMICs, CMO and          subitems the amortized cost and fair value of all holdings
REMIC residuals, and stripped mortgage-backed securi-          of commercial mortgage-backed securities issued by U.S.
ties issued by the Federal National Mortgage Association       Government-sponsored agencies or by others that are not
(FNMA) or the Federal Home Loan Mortgage Corpora-              held for trading. In general, a commercial mortgage-
tion (FHLMC) or guaranteed by the Government National          backed security represents an interest in a pool of loans
Mortgage Association (GNMA) that are backed by loans           secured by properties other than 1-4 family residential
secured by 1-4 family residential properties. For pur-         properties.
poses of this report, also include REMICs issued by the
U.S. Department of Veterans Affairs (VA) that are backed       Line Item 4(c)(1) Commercial mortgage
by 1-4 family residential mortgages in this item.              pass-through securities.

Line Item 4(b)(2) Collateralized by MBS issued or              Report in the appropriate columns of the appropriate
guaranteed by FNMA, FHLMC, or GNMA.                            subitems the amortized cost and fair value of all holdings
                                                               of commercial mortgage pass-through securities. In gen-
Report in the appropriate columns the amortized cost and       eral, a commercial mortgage pass-through security repre-
fair value of all classes of CMOs, REMICs, CMO and             sents an undivided interest in a pool of loans secured by
REMIC residuals, and stripped mortgage-backed securi-          properties other than 1-4 family residential properties
ties issued by non-U.S. Government issuers (e.g., other        that provides the holder with a pro rata share of all
depository institutions, insurance companies, state and        principal and interest payments on the mortgages in the
local housing authorities in the U.S.) for which the           pool.
collateral consists of GNMA (Ginnie Mae) residential
pass-through securities, FNMA (Fannie Mae) residential         Line Item 4(c)(1)(a) Issued or guaranteed by
pass-through securities, FHLMC (Freddie Mac) residen-          FNMA, FHLMC, or GNMA.
tial participation certificates, or other residential
                                                               Report in the appropriate columns the amortized cost and
mortgage-backed securities (i.e., classes of CMOs or
                                                               fair value of all holdings of commercial mortgage pass-
REMICs, CMO or REMIC residuals, and stripped
                                                               through securities issued by the Federal National Mort-
mortgage-backed securities) issued or guaranteed by
                                                               gage Association (FNMA) or the Federal Home Loan
FNMA, FHLMC, GNMA, or VA.
                                                               Mortgage Corporation (FHLMC) or guaranteed by the
Line Item 4(b)(3) All other residential MBS.                   Government National Mortgage Association (GNMA).
                                                               Also include commercial mortgage pass-through securi-
Report in the appropriate columns the amortized cost and       ties guaranteed by the Small Business Administration.
fair value of all CMOs, REMICs, CMO and REMIC
residuals, stripped mortgage-backed securities, and com-       Line Item 4(c)(1)(b)    Other pass-through securities.
mercial paper backed by loans secured by 1-4 family
residential properties (or by securities collateralized by     Report in the appropriate columns the amortized cost and
such loans) that have been issued by non-U.S. Govern-          fair value of all holdings of commercial mortgage pass-
ment issuers (e.g., other depository institutions, insurance   through securities issued or guaranteed by non-U.S.
companies, state and local housing authorities in the          Government issuers.
U.S.), for which the collateral does not consist of GNMA
                                                               Line Item 4(c)(2) Other commercial
(Ginnie Mae) residential pass-through securities, FNMA
                                                               mortgage-backed securities.
(Fannie Mae) residential pass-through securities, FHLMC
(Freddie Mac) residential participation certificates, or        Report in the appropriate columns of the appropriate
other residential mortgage-backed securities (i.e., classes    subitems the amortized cost and fair value of all CMOs,

HC-B-6                                                                                                             FR Y-9C
                                                                                                  Schedule HC-B   June 2011
Schedule HC-B



REMICs, CMO and REMIC residuals, stripped mortgage-          instruments. Some of the more complex financial product
backed securities, and commercial paper backed by loans      structures mix asset classes in order to create investment
secured by properties other than 1-4 family residential      products that diversify risk. One of the more common
properties. Exclude commercial mortgage pass-through         structured financial products is referred to as a collateral-
securities (report in Schedule HC-B, item 4(c)(1), above).   ized debt obligation (CDO). Other products include
                                                             synthetic structured financial products (such as synthetic
Line Item 4(c)(2)(a) Issued or guaranteed by                 CDOs) that use credit derivatives and a reference pool of
FNMA, FHLMC, or GNMA.                                        assets, hybrid structured products that mix cash and
Report in the appropriate columns the amortized cost and     synthetic instruments, collateralized bond obligations
fair value of all CMOs, REMICs, CMO and REMIC                (CBOs), resecuritizations such as CDOs squared or cubed
residuals, stripped mortgage-backed securities, and com-     (which are CDOs backed primarily by the tranches of
mercial paper backed by loans secured by properties          other CDOs), and other similar structured financial prod-
other than 1-4 family residential properties that have       ucts. For each column, the sum of items 5(b)(1) through
been issued by the Federal National Mortgage Associa-        5(b)(3) must equal the sum of Memorandum items 6(a)
tion (FNMA) or the Federal Home Loan Mortgage                through 6(g).
Corporation (FHLMC) or guaranteed by the Government          Exclude from structured financial products:
National Mortgage Association (GNMA).
                                                             (1) Mortgage-backed pass-through securities (report in
Line Item 4(c)(2)(b)        All other commercial MBS.            Schedule HC-B, item 4, above).

Report in the appropriate columns the amortized cost and     (2) Collateralized mortgage obligations (CMOs), real
fair value of all CMOs, REMICs, CMO and REMIC                    estate mortgage investment conduits (REMICs), CMO
residuals, stripped mortgage-backed securities, and com-         and REMIC residuals, stripped mortgage-backed
mercial paper backed by loans secured by properties              securities, and mortgage-backed commercial paper
other than 1-4 family residential properties that have           (report in Schedule HC-B, item 4, above).
been issued or guaranteed by non-U.S. Government             (3) Asset-backed commercial paper not held for trading
issuers.                                                         (report in Schedule HC-B, item 5(a), above).

Line Item 5 Asset-backed securities and                      (4) Asset-backed securities that are primarily secured by
structured financial products:                                    one type of asset (report in Schedule HC-B, item
                                                                 5(a), above).
Line Item 5(a)     Asset-backed securities.
                                                             (5) Securities backed by loans that are commonly
Report in the appropriate columns the amortized cost and         regarded as asset-backed securities rather than collat-
fair value of all asset-backed securities (other than            eralized loan obligations in the marketplace (report in
mortgage-backed securities), including asset-backed com-         Schedule HC-B, item 5(a), above).
mercial paper, not held for trading. For bank holding
companies with foreign offices or with $1 billion or more
in total assets, this item must equal Schedule HC-B, sum     Line Item 5(b)(1)     Cash instruments.
of Memorandum items 5(a) through 5(f).                       Report in the appropriate columns the amortized cost and
                                                             fair value of structured financial products (as defined in
Line Item 5(b) Structured financial products.                 Schedule HC-B, item 5(b), above) that are cash instru-
Report in the appropriate columns of the appropriate         ments. A cash instrument means that the instrument
subitems the amortized cost and fair value of all struc-     represents a claim against a reference pool of assets.
tured financial products not held for trading according to
whether the product is a cash, synthetic, or hybrid
                                                             Line Item 5(b)(2)     Synthetic instruments.
instrument. Structured financial products generally con-
vert a pool of assets (such as whole loans, securitized      Report in the appropriate columns the amortized cost and
assets, and bonds) and other exposures (such as deriva-      fair value of structured financial products (as defined in
tives) into products that are tradable capital market debt   Schedule HC-B, item 5(b), above) that are synthetic

FR Y-9C                                                                                                         HC-B-7
Schedule HC-B   June 2011
Schedule HC-B



instruments. A synthetic instrument means that the inves-      (1) Bonds, notes, debenture, equipment trust certificates,
tors do not have a claim against a reference pool of               and commercial paper issued by U.S.-chartered cor-
assets; rather, the originating bank holding company               porations and other U.S. issuers and not reportable
merely transfers the inherent credit risk of the reference         elsewhere in Schedule HC-B.
pool of assets by such means as a credit default swap, a
                                                               (2) Preferred stock of U.S.-chartered corporations and
total return swap, or another arrangement in which the
                                                                   business trusts that by its terms either must be
counterparty agrees upon specific contractual covenants
                                                                   redeemed by the issuing corporation or trust or is
to cover a predetermined amount of losses in the loan
                                                                   redeemable at the option of the holder, including trust
pool.
                                                                   preferred securities subject to mandatory redemption.
Line Item 5(b)(3) Hybrid instruments.                          (3) Detached U.S. government security coupons and
                                                                   ex-coupon U.S. government securities held as the
Report in the appropriate columns the amortized cost and           result of either their purchase or the bank holding
fair value of structured financial products (as defined in           company’s stripping of such securities and Treasury
Schedule HC-B, item 5(b), above) that are hybrid instru-           receipts such as CATs, TIGRs, COUGARs, LIONs,
ments. A hybrid instrument means that the instrument is            and ETRs. (Refer to the Glossary entry for ‘‘coupon
a mix of both cash and synthetic instruments.                      stripping, Treasury receipts, and STRIPS’’ for addi-
                                                                   tional information.)
Line Item 6    Other debt securities.
                                                               Line Item 6(b)     Foreign debt securities.
Report in the appropriate columns the amortized cost and
fair value of all other debt securities that are not held      Report in this item the amortized cost and fair value of
for trading that cannot properly be reported in Sched-         foreing debt securities not held for trading issued by
ule HC-B, items 1 through 5 above.                             non-U.S.-chartered corporations, foreign governments, or
                                                               special international organizations.
Exclude from other debt securities:
                                                               Include in this item as foreign debt securities the
(1) All holdings of certificates of participation in pools      following:
    of residential mortgages, collateralized mortgage
    obligations (CMOs), real estate mortgage investment        (1) Bonds, notes, debentures, equipment trust certifi-
    conduits (REMICs), CMO and REMIC residuals,                    cates, and commercial paper issued by non-U.S.-
    and stripped mortgage-backed securities (such as               chartered corporations.
    interest-only strips (IOs), principal-only strips (POs),   (2) Debt securities issued by foreign governmental units.
    and similar instruments) (report in Schedule HC-B,
    item 4 above).                                             (3) Debt securities issued by international organizations
                                                                   such as the International Bank for Reconstruction
(2) Holdings of bankers acceptances, and certificates of            and Development (World Bank), Inter-American
    deposit, which are not classified as securities for             Development Bank, and Asian Development Bank.
    purposes of this report.
                                                               (4) Preferred stock of non-U.S.-chartered corporations
(3) All securities that meet the definition of an ‘‘equity          that by its terms either must be redeemed by the
    security’’ in ASC Topic 320, Investments-Debt and              issuing enterprise or is redeemable at the option of
    Equity Securities (formerly FASB Statement No.                 the investor (i.e., redeemable or limited-life preferred
    115, Accounting for Certain Investments in Debt and            stock).
    Equity Securities), for example, common and per-
    petual preferred stock. (See, for example, the instruc-    Line Item 7 Investments in mutual funds and
    tions to Schedule HC-B, item 7, and Schedule HC-F,         other equity securities with readily determinable
    item 4.)                                                   fair values.
                                                               Report in columns C and D the historical cost and fair
Line Item 6(a)    Other domestic debt securities.
                                                               value, respectively, of all investments in mutual funds
Include in this item:                                          and other equity securities (as defined in ASC Topic 320,

HC-B-8                                                                                                              FR Y-9C
                                                                                                   Schedule HC-B   June 2011
Schedule HC-B



Investments-Debt and Equity Securities (formerly FASB           (2) Stock of a Federal Home Loan Bank (report as an
Statement No. 115, Accounting for Certain Investments               equity security that does not have a readily determin-
in Debt and Equity Securities) with readily determinable            able fair value in Schedule HC-F, item 4).
fair values. Such securities include, but are not limited to,
                                                                (3) Common and preferred stocks that do not have
money market mutual funds, mutual funds that invest
                                                                    readily determinable fair values, such as stock of
solely in U.S. government securities, common stock, and             bankers’ banks and Class B voting common stock of
perpetual preferred stock. Perpetual preferred stock does           the Federal Agricultural Mortgage Corporation
not have a stated maturity date and cannot be redeemed at           (Farmer Mac) (report in Schedule HC-F, item 4).
the option of the investor, although it may be redeemable
at the option of the issuer.                                    (4) Preferred stock that by its terms either must be
                                                                    redeemed by the issuing enterprise or is redeemable
According to ASC Topic 320, the fair value of an equity             at the option of the investor (i.e., redeemable or
security is readily determinable if sales prices or bid-and-        limited-life preferred stock), including trust preferred
asked quotations are currently available on a securities            securities subject to mandatory redemption (report
exchange registered with the Securities and Exchange                such preferred stock as an other debt security in
Commission (SEC) or in the over-the-counter market,                 Schedule HC-B, item 6, above).
provided that those prices or quotations for the over-the-
                                                                (5) ‘‘Restricted stock,’’ i.e., equity securities for which
counter market are publicly reported by the National
                                                                    sale is restricted by governmental or contractual
Association of Securities Dealers Automated Quotations
                                                                    requirement (other than in connection with being
systems or by Pink Sheets LLC. (‘‘Restricted stock’’
                                                                    pledged as collateral), except if that requirement
meets that definition if the restriction terminates within           terminates within one year or if the holder has the
one year.) The fair value of an equity security traded only         power by contract or otherwise to cause the require-
in a foreign market is readily determinable if that foreign         ment to be met within one year (if the restriction does
market is of a breadth and scope comparable to one of the           not terminate within one year, report ‘‘restricted
U.S. markets referred to above. The fair value of an                stock’’ as an equity security that does not have a
investment in a mutual fund is readily determinable if the          readily determinable fair value in Schedule HC-F,
fair value per share (unit) is determined and published             item 4).
and is the basis for current transactions.
                                                                (6) Participation certificates issued by a Federal Inter-
Investments in mutual funds and other equity securities             mediate Credit Bank, which represent nonvoting
with readily determinable fair values may have been                 stock in the bank (report as an equity security that
purchased by the reporting bank holding company or                  does not have a readily determinable fair value in
acquired for debts previously contracted.                           Schedule HC-F, item 4).
Include in this item common stock and perpetual pre-            (7) Minority interests held by the reporting bank holding
ferred stock of the Federal National Mortgage Associa-              company in any companies not meeting the definition
tion (Fannie Mae), common stock and perpetual pre-                  of associated company (report as equity securities
ferred stock of the Federal Home Loan Mortgage                      that do not have a readily determinable fair value in
Corporation (Freddie Mac), Class A voting and Class C               Schedule HC-F, item 4), except minority holdings
non-voting common stock of the Federal Agricultural                 that indirectly represent bank holding company prem-
Mortgage Corporation (Farmer Mac), and common and                   ises (report in Schedule HC, item 6) or other real
preferred stock of SLM Corporation (the private-sector              estate owned (report in Schedule HC, item 7), pro-
successor to the Student Loan Marketing Association).               vided that the fair value of any capital stock repre-
                                                                    senting the minority interest is not readily determin-
Exclude from investments in mutual funds and other                  able. (See the Glossary entry for ‘‘subsidiaries’’ for
equity securities with readily determinable fair values:            the definition of associated company.)
(1) Paid-in stock of a Federal Reserve Bank (report as an       (8) Equity holdings in those corporate joint ventures
    equity security that does not have a readily determin-          over which the reporting bank holding company does
    able fair value in Schedule HC-F, item 4).                      not exercise significant influence (report as equity

FR Y-9C                                                                                                            HC-B-9
Schedule HC-B   June 2011
Schedule HC-B



    securities that do not have a readily determinable fair    securities held by the consolidated bank holding com-
    value in Schedule HC-F, item 4), except equity             pany that are included in items 1 through 6 above. Report
    holdings that indirectly represent bank holding com-       the amortized cost of held-to-maturity securities and the
    pany premises (report in schedule HC, item 6) or           fair value of available-for-sale securities as reported in
    other real estate owned (report in Schedule HC,            columns A and D above in the appropriate subitems.
    item 7). (See the Glossary entry for ‘‘subsidiaries’’
    for the definition of corporate joint venture.)             Exclude from memorandum item 2 the bank holding
                                                               company’s holdings of equity securities with readily
(9) Holding of capital stock of and investments in             determinable fair values (reported in Schedule HC-B,
    unconsolidated subsidiaries, associated companies,
                                                               item 7, above) (e.g., investments in mutual funds, com-
    and those corporate joint ventures over which the
                                                               mon stock, preferred stock). Also exclude those debt
    reporting bank holding company exercises signifi-
                                                               securities that are reported as ‘‘nonaccrual’’ in Schedule
    cant influence (report in Schedule HC, item 8,
                                                               HC-N, item 9, column C.
    ‘‘Investments in unconsolidated subsidiaries and
    associated companies’’).                                   For purposes of this memorandum item, the following
                                                               definitions apply:
Line Item 8     Total.
Report the sum of items 1 through 7. The total of col-         Remaining maturity is the amount of time remaining
umn A for this item must equal Schedul HC, item 2(a),          from the report date until the final contractual maturity of
‘‘Held-to-maturity securities.’’ The total for column D        the instrument without regard to the instrument’s repay-
must equal Schedule HC, item 2(b), ‘‘Available-for-sale        ment schedule, if any.
securities.’’                                                  A fixed interest rate is a rate that is specified at the
Line Item M1 Pledged securities.                               origination of the transaction, is fixed and invariable
                                                               during the term of the debt security, and is known to both
Report the amortized cost of all held-to-maturity securi-      the borrower and the lender. Also treated as a fixed
ties and the fair value of all available-for-sale securities   interest rate is a predetermined interest rate which is a
included in this schedule that are pledged to secure           rate that changes during the term of the debt security on a
deposits, repurchase transactions, or other borrowings         predetermined basis, with the exact rate of interest over
(regardless of the balance of the deposits or other liabili-   the life of the debt security known with certainty to both
ties against which the securities are pledged), as perfor-     the borrower and the lender when the debt security is
mance bonds under futures or forward contracts, or for         acquired.
any other purpose. Include as pledged securities any
held-to-maturity and available-for-sale securities that        A floating rate is a rate that varies, or can vary, in relation
have been ‘‘loaned’’ in securities borrowing/lending           to an index, to some other interest rate such as the rate on
transactions that do not qualify as sales under ASC Topic      certain U.S. Government securities or the ‘‘prime rate,’’
860, Transfers and Servicing (formerly FASB Statement          or to some other variable criterion the exact value of
No. 140, Accounting for Transfers and Servicing of             which cannot be known in advance. Therefore, the exact
Financial Assets and Extinguishments of Liabilities, as        rate the debt security carries at any subsequent time
amended).                                                      cannot be known at the time of origination.
Also include in this item securities owned by consoli-         When the rate on a debt security with a floating rate has
dated insurance subsidiaries and held in custodial trusts      reached a contractual floor or ceiling level, the debt
(that are reported as held-to-maturity securities or           security is to be treated as ‘‘fixed rate’’ rather than as
available-for-sale securities in Schedule HC-B) that are       ‘‘floating rate’’ until the rate is again free to float.
pledged to insurance companies external to the consoli-
dated bank holding company.                                    Next repricing date is the date the interest rate on a
                                                               floating rate debt security can next change in accordance
Line Item M2 Remaining maturity or next                        with the terms of the contract (without regard to the
repricing date of debt securities.                             security’s repayment schedule, if any, or expected pre-
Report in memorandum items 2(a) through 2(c) below             payments) or the contractual maturity date of the secu-
the remaining maturity or next repricing date of debt          rity, whichever is earlier.

HC-B-10                                                                                                              FR Y-9C
                                                                                                    Schedule HC-B   June 2011
Schedule HC-B



Bank holding companies whose records or information            Floating rate ‘‘put bonds’’ should be reported on the basis
systems provide data on the final contractual maturities,       of their next repricing date without regard to ‘‘put’’ dates
next repricing dates, and expected average lives of their      if the bank holding company has not exercised the put. If
debt securities for time periods that closely approximate      a ‘‘put’’ has been exercised but the security has not yet
the maturity periods specified in Memorandum items 2(a)         been repaid, the ‘‘put’’ bond should be reported based on
through 2(c) (e.g., 359 or 360 days rather than 1 year)        the earlier of its next repricing date or its scheduled
may use these dates to complete Memorandum items 2(a)          repayment date.
through 2(c).
                                                               Zero coupon debt securities, including U.S. Treasury
For debt securities with scheduled contractual payments,       bills, should be treated as fixed rate debt securities for
bank holding companies whose records or information            purposes of this Memorandum item.
systems provide repricing data that take into account
these scheduled contractual payments, with or without          Line Item M2(a)      1 year and less.
the effect of anticipated prepayments, may adjust these        Report in this item all securities held by the consolidated
data in an appropriate manner to derive reasonable             bank holding company with a remaining maturity or
estimates for the final contractual maturities of fixed rate     amount of time remaining until next repricing date of one
debt securities and floating rate debt securities and the       year or less.
next repricing dates of floating rate debt securities.
                                                               Line Item M2(b)      Over 1 year to 5 years.
Callable fixed rate debt securities should be reported in
Memorandum items 2(a), 2(b) and 2(c) without regard to         Report in this item all securities held by the consolidated
their next call date unless the security has actually been     bank holding company with a remaining maturity or
called. When fixed rate debt securities have been called,       amount of time remaining until next repricing date over
they should be reported on the basis of the time remain-       one year but less than five years.
ing until the call date. Callable floating rate debt securi-
ties should be reported on the basis of their next repricing   Line Item M2(c)      Over 5 years.
date without regard to their next call date if the security    Report in this item all securities held by the consolidated
has not been called. Those that have been called should        bank holding company with a remaining maturity or
be reported based on the earlier of their next repricing       amount of time remaining until next repricing date of
date or their actual call date.                                over five years.
Fixed rate mortgage pass-through securities (such as
those guaranteed by the Government National Mortgage           Line Item M3 Amortized cost of held-to-maturity
Association (GNMA) or issued by the Federal Home               securities sold or transferred to available-for-sale or
Loan Mortgage Corporation (FHLMC), the Federal                 trading securities during the calendar year-to-date.
National Mortgage Association (FNMA), and certain              If the reporting bank holding company has sold any
banks, savings associations, and securities dealers) and       held-to-maturity debt securities or has transferred any
fixed rate Small Business Administration (SBA) ‘‘Guar-          held-to-maturity debt securities to the available-for-sale
anteed Loan Pool Certificates’’ should be reported on the       or to trading securities during the calendar year-to-date,
basis of the time remaining until their final contractual       report the total amortized cost of these held-to-maturity
maturity without regard to either expected prepayments         debt securities as of their date of sale or transfer.
or scheduled contractual payments. Floating rate mort-
                                                               Exclude the amortized cost of any held-to-maturity debt
gage pass-through securities and SBA ‘‘Guaranteed Loan
                                                               security that has been sold near enough to (e.g., within
Pool Certificates’’ should be reported on the basis of their
                                                               three months of) its maturity date (or call date if exercise
next repricing date.
                                                               of the call is probable) that interest rate risk is substan-
Fixed rate debt securities that provide the reporting bank     tially eliminated as a pricing factor. Also exclude the
holding company with the option to redeem them at one          amortized cost of any held-to-maturity debt security that
or more specified dates prior to their contractual maturity     has been sold after the collection of a substantial portion
date, so-called ‘‘put bonds,’’ should be reported on the       (i.e., at least 85 percent) of the principal outstanding at
basis of the time remaining until the next ‘‘put’’ date.       acquisition due to prepayments on the debt security, or, if

FR Y-9C                                                                                                          HC-B-11
Schedule HC-B   June 2011
Schedule HC-B



the debt security is a fixed rate security, due to scheduled        gages or a reference mortgage-backed security, but
payments payable in equal installments (both principal             the notes themselves are not collateralized by the
and interest) over its term.                                       mortgages or the mortgage-backed security, the notes
                                                                   are sometimes marketed as Prepayment-Linked Notes.
Line Item M4      Structured notes.
                                                               (4) Dual Index Notes. These bonds have coupon rates
Report in this item all structured notes included in the           that are determined by the difference between
held-to-maturity and available-for-sale accounts and               two market indices, typically the Constant Maturity
reported in Schedule HC-B. In general, structured notes            Treasury rate (CMT) and LIBOR. These bonds often
are debt securities whose cash flow characteristics (coupon         have a fixed coupon rate for a brief period, followed
rate, redemption amount, or stated maturity) depend upon           by a longer period of variable rates, e.g., 8 percent
one or more indices and/or that have embedded forwards             fixed for two years, then 10-year CMT plus 300 basis
or options or are otherwise commonly known as ‘‘struc-             points minus three-month LIBOR.
tured notes.’’ Include as structured notes any asset-
backed securities (other than mortgage-backed securities)      (5) De-leveraged Bonds. These bonds pay investors
which possess the aforementioned characteristics.                  according to a formula that is based upon a fraction
                                                                   of the increase or decrease in a specified index, such
Structured notes include, but are not limited to, the
                                                                   as the CMT rate or the prime rate. For example,
following common structures:
                                                                   the coupon might be the 10-year CMT rate multiplied
(1) Floating rate debt securities whose payment of inter-          by 0.5, plus 150 basis points. The deleveraging
    est is based upon:                                             multiplier (0.5) causes the coupon to lag overall
                                                                   movements in market yields. A leveraged bond
    (a) a single index of a Constant Maturity Treasury
                                                                   would involve a multiplier greater than 1.
        (CMT) rate or a Cost of Funds Index (COFI), or
    (b) changes in the Consumer Price Index (CPI).             (6) Range Bonds. Range bonds (or accrual bonds) pay
        However, exclude from structured notes all U.S.            the investor an above-market coupon rate as long as
        Treasury Inflation-Protected Securities (TIPS).             the reference rate is between levels established at
                                                                   issue. For each day that the reference rate is outside
(2) Step-up Bonds. Step-up securities initially pay the            this range, the bonds earn no interest. For example, if
    investor an above-market yield for a short noncall             LIBOR is the reference rate, a bond might pay
    period and then, if not called, ‘‘step up’’ to a higher        LIBOR plus 75 basis points for each day that LIBOR
    coupon rate (which will be below current market                is between 3.5 and 5.0 percent. When LIBOR is less
    rates). The investor initially receives a higher yield         than 3.5 percent or more than 5 percent, the bond
    because of having implicitly sold one or more call             would accrue no interest.
    options. A step-up bond may continue to contain call
    options even after the bond has stepped up to the          (7) Inverse Floaters. These bonds have coupons that
    higher coupon rate. A multistep bond has a series of           increase as rates decline and decrease as rates rise.
    fixed and successively higher coupons over its life.            The coupon is based upon a formula, such as 12 per-
    At each call date, if the bond is not called, the coupon       cent minus three-month LIBOR.
    rate increases.
                                                               Exclude from structured notes floating rate debt securi-
(3) Index Amortizing Notes (IANs). IANs repay prin-            ties denominated in U.S. dollars whose payment of
    cipal according to a predetermined amortization            interest is based upon a single index of a Treasury bill
    schedule that is linked to the level of a specific index    rate, the prime rate, or LIBOR and which do not contain
    (usually the London Interbank Offered Rate—                adjusting caps, adjusting floors, leverage, or variable
    LIBOR—or a specified prepayment rate). As market            principal redemption. Furthermore, debt securities that
    interest rates increase (or prepayment rates decrease),    do not possess the aforementioned characteristics of a
    the maturity of an IAN extends, similar to that of a       structured note need not be reported as structured notes
    collateralized mortgage obligation. When the princi-       solely because they are callable as of a specified date at
    pal payments on these notes are indexed to the             a specified price. In addition, debt securities that in the
    prepayment performance of a reference pool of mort-        past possessed the characteristics of a structured note, but

HC-B-12                                                                                                             FR Y-9C
                                                                                                   Schedule HC-B   June 2011
Schedule HC-B



which have ‘‘fallen through’’ their structures (e.g., all of   securities should also be reported in columns B and D of
the issuer’s call options have expired and there are no        the body of Schedule HC-B. Do not combine or other-
more adjustments to the interest rate on the security),        wise net the fair value of any structured note with the fair
need not be reported as structured notes.                      or book value of any related asset, liability, or off-
Generally, municipal and corporate securities that have        balance-sheet derivative instrument.
periodic call options should not be reported as structured
notes. Although many of these securities have features
                                                               Line Item M5            Asset-backed securities.
similar to those found in some structured notes (e.g.,
step-ups, which generally remain callable after a step-up      Memorandum items 5(a) through 5(f) are to be com-
date), they are not commonly known as structured notes.        pleted by bank holding companies with foreign offices
Examples of such callable securities that should not be        or with $1 billion or more in total assets.2
reported as structured notes include:
                                                               Report in the appropriate columns of the appropriate
(1) Callable municipal and corporate bonds which have          subitems the amortized cost and fair value of all asset-
    single (or multiple) explicit call dates and then can be   backed securities (other than mortgage-backed securi-
    called on any interest payment date after the              ties), including asset-backed commercial paper, not
    last explicit call date (i.e., they are continuously       held for trading. For each column, the sum of Memoran-
    callable).                                                 dum items 5(a) through 5(f) must equal Schedule HC-B,
(2) Callable federal agency securities that have continu-      item 5.
    ous call features after an explicit call date, except      For purposes of categorizing asset-backed securities in
    step-up bonds (which are structured notes).                Schedule HC-B, Memorandum items 5(a) through 5(f),
The mere existence of simple caps and floors does not           below, each individual asset-backed security should be
necessarily make a security a structured note. Securities      included in the item that most closely describes the
with adjusting caps or floors (i.e., caps or floors that         predominant type of asset that collateralizes the security
change over time), however, are structured notes. There-       and this categorization should be used consistently over
fore, the following types of securities should not be          time. For example, an asset-backed security may be
reported as structured notes:                                  collateralized by automobile loans to both individuals
                                                               and business enterprises. If the prospectus for this asset-
(1) Variable rate securities, including Small Business
                                                               backed security or other available information indicates
    Administration ‘‘Guaranteed Loan Pool Certificates,’’
                                                               that these automobile loans are predominantly loans to
    unless they have features of securities which are
                                                               individuals, the security should be reported in Schedule
    commonly known as structured notes (i.e., they are
                                                               HC-B, Memorandum item 5(c), as being collateralized
    inverse, range, or de-leveraged floaters, index amor-
                                                               by automobile loans.
    tizing notes, dual index or variable principal redemp-
    tion or step-up bonds), or have adjusting caps or
    floors.                                                     Line Item M5(a)             Credit card receivables.
(2) Mortgage-backed securities.                                Report in the appropriate columns the amortized cost and
Line Item M4(a) Amortized cost of structured                   fair value of all asset-backed securities collateralized by
notes.                                                         credit card receivables, i.e., extensions of credit to indi-
                                                               viduals for household, family, and other personal expen-
Report the amortized cost of all structured notes included
                                                               ditures arising from credit cards as defined for Schedule
in the held-to-maturity and available-for-sale accounts.
                                                               HC-C, item 6(a).
The amortized cost of these securities should also be
reported in columns A and C of the body of Sched-
ule HC-B.
                                                                  2. This asset size test is determined based on the total assets reported in
Line Item M4(b) Fair value of structured notes.                the previous year’s June 30 FR Y-9C report. Once a bank holding com-
                                                               pany surpasses the $1 billion total asset threshold, it must continue to
Report the fair (market) value of structured notes reported    report these memorandum items regardless of subsequent changes in its
in memorandum item 4(a) above. The fair value of these         total assets.


FR Y-9C                                                                                                                         HC-B-13
Schedule HC-B   June 2011
Schedule HC-B



Line Item M5(b) Home equity lines.                            Line Item M6 Structured financial products by
                                                              underlying collateral or reference assets.
Report in the appropriate columns the amortized cost and
fair value of all asset-backed securities collateralized by   Report in the appropriate columns of the appropriate
home equity lines of credit, i.e., revolving, open-end        subitems the amortized cost and fair value of all struc-
lines of credit secured by 1-to-4 family residential prop-    tured financial products (as defined in Schedule HC-B,
erties as defined for Schedule HC-C, item 1(c)(1).             item 5(b), above) not held for trading by the predominant
                                                              type of collateral or reference assets supporting the
                                                              product. For each column, the sum of Memorandum
Line Item M5(c) Automobile loans.                             items 6(a) through 6(g) must equal the sum of Schedule
Report in the appropriate columns the amortized cost and      HC-B, items 5(b)(1) through 5(b)(3).
fair value of all asset-backed securities collateralized by
automobile loans, i.e., loans to individuals for the pur-     Line Item M6(a) Trust preferred securities issued
pose of purchasing private passenger vehicles, including      by financial institutions.
minivans, vans, sport-utility vehicles, pickup trucks, and    Report in the appropriate columns the amortized cost and
similar light trucks for personal use. Such loans are a       fair value of structured financial products supported
subset of ‘‘Other consumer loans,’’ as defined for Sched-      predominantly by trust preferred securities issued by
ule HC-C, item 6(c).                                          financial institutions.

                                                              Line Item M6(b) Trust preferred securities issued
Line Item M5(d) Other consumer loans.                         by real estate investment trusts.
Report in the appropriate columns the amortized cost and      Report in the appropriate columns the amortized cost and
fair value of all asset-backed securities collateralized by   fair value of structured financial products supported
other consumer loans, i.e., loans to individuals for house-   predominantly by trust preferred securities issued by real
hold, family, and other personal expenditures as defined       estate investment trusts.
for Schedule HC-C, items 6(b) and 6(c), excluding
automobile loans as described in Schedule HC-B, Memo-         Line Item M6(c)      Corporate and similar loans.
randum item 5(c), above.                                      Report in the appropriate columns the amortized cost and
                                                              fair value of structured financial products supported
Line Item M5(e) Commercial and industrial loans.              predominantly by corporate and similar loans.

Report in the appropriate columns the amortized cost and      Exclude securities backed by loans that are commonly
fair value of all asset-backed securities collateralized by   regarded as asset-backed securities rather than collateral-
commercial and industrial loans, i.e., loans for commer-      ized loan obligations in the marketplace (report in Sched-
cial and industrial purposes to sole proprietorships, part-   ule HC-B, item 5(a)).
nerships, corporations, and other business enterprises,
                                                              Line ItemM6(d) 1-4 family residential MBS issued
whether secured (other than by real estate) or unsecured,
                                                              or guaranteed by U.S. government-sponsored
single-payment or installment, as defined for Schedule
                                                              enterprises (GSEs).
HC-C, item 4.
                                                              Report in the appropriate columns the amortized cost and
                                                              fair value of structured financial products supported
Line Item M5(f)     Other.                                    predominantly by 1-4 family residential mortgage-backed
Report in the appropriate columns the amortized cost and      securities issued or guaranteed by U.S. government-
fair value of all asset-backed securities collateralized by   sponsored enterprises.
non-mortgage loans other than those described in Sched-
ule HC-B, Memorandum items 5(a) through 5(e), above,          Line Item M6(e) 1-4 family residential MBS not
i.e., loans as defined for Schedule HC-C, items 2, 3, and 7    issued or guaranteed by GSEs.
through 9; lease financing receivables as defined for           Report in the appropriate columns the amortized cost and
Schedule RC-C, item 10; and all other assets.                 fair value of structured financial products supported

HC-B-14                                                                                                           FR Y-9C
                                                                                                 Schedule HC-B   June 2011
Schedule HC-B



predominantly by 1-4 family residential mortgage-backed    financial products. Include such products as CDOs
securities not issued or guaranteed by U.S. government-    squared and cubed (also known as ‘‘pools of pools’’).
sponsored enterprises.
                                                           Line Item M6(g)     Other collateral or reference
Line Item M6(f) Diversified (mixed) pools of                assets.
structured financial products.
                                                           Report in the appropriate columns the amortized cost and
Report in the appropriate columns the amortized cost and   fair value of structured financial products supported
fair value of structured financial products supported       predominantly by other types of collateral or reference
predominantly by diversified (mixed) pools of structured    assets not identified above.




FR Y-9C                                                                                                   HC-B-15
Schedule HC-B   June 2011
LINE ITEM INSTRUCTIONS FOR

Loan and Lease Financing Receivables
Schedule HC-C




General Instructions                                              Trading Assets and Liabilities, and Schedule HC-Q, Finan-
                                                                  cial Assets and Liabilities Measured at Fair Value, if
Loans and lease financing receivables are extensions of            applicable).
credit resulting from either direct negotiation between the
bank holding company or its consolidated subsidiaries             When a loan is acquired (through origination or pur-
and its customers or the purchase of such assets from             chase) with the intent or expectation that it may or will be
others. (See the Glossary entries for ‘‘loan’’ and for            sold at some indefinite date in the future, the loan should
‘‘lease accounting’’ for further information.)                    be reported as held for sale or held for investment, based
All reporting bank holding companies must complete this           on facts and circumstances, in accordance with generally
schedule regardless of whether or not it has foreign or           accepted accounting principles and related supervisory
domestic offices. This schedule has two columns for               guidance. In addition, a loan acquired and held for
information on loans and lease financing receivables.              securitization purposes should be reported as a loan held
Column A provides loan and lease detail for the fully             for sale, provided the securitization transaction will be
consolidated bank holding company and column B pro-               accounted for as a sale under ASC Topic 860, Transfers
vides detail on loans and leases held by the domestic             and Servicing (formerly FASB Statement No. 140,
offices of the reporting bank holding company. (See the           Accounting for Transfers and Servicing of Financial
Glossary entry for ‘‘domestic office’’ for the definition of       Assets and Extinguishments of Liabilities). Notwithstand-
this term.)                                                       ing the above, bank holding companies may classify
                                                                  loans as trading if the bank holding company applies fair
Report all loans and leases that the bank holding com-
                                                                  value accounting, with changes in fair value reported in
pany has the intent and ability to hold for the foreseeable
                                                                  current earnings, and manages these assets and liabilities
future or until maturity or payoff, i.e., loans and leases
                                                                  as trading positions, subject to the controls and applica-
held for investment, in Schedule HC-C. Also report in
                                                                  ble regulatory guidance related to trading activities. For
Schedule HC-C all loans and leases held for sale as part
                                                                  example, a bank holding company would generally not
of the consolidated bank holding company’s mortgage
banking activities or activities of a similar nature involv-      classify a loan that meets these criteria as a trading asset
ing other types of loans. Include the fair value of all loans     unless the bank holding company holds the loan for one
held for investment and all loans held for sale that the          of the following purposes: (a) for market making activi-
bank holding company has elected to report at fair value          ties, including such activities as accumulating loans for
under a fair value option. Loans reported at fair value in        sale or securitization; (b) to benefit from actual or
Schedule HC-C should include only the fair value of the           expected price movements; or (c) to lock in arbitrage
funded portion of the loan. If the unfunded portion of the        profits.
loan, if any, is reported at fair value, this fair value should
                                                                  Loans held for sale (not classified as trading in accordance
be reported as an “Other asset” or an “Other liability,” as
                                                                  with the preceding instruction) shall be reported in Sched-
appropriate, in Schedule HC, item 11 or item 20, respec-
                                                                  ule HC-C at the lower of cost or fair value as of the report
tively.
                                                                  date, except for those that the bank holding company has
Exclude from Schedule HC-C all loans and leases classi-           elected to account for at fair value under a fair value
fied as trading (report in Schedule HC, item 5, ‘‘Trading          option. For loans held for sale that are reported at the lower
assets,’’ and, in the appropriate items of Schedule HC-D,         of cost or fair value, the amount by which cost exceeds fair

FR Y-9C                                                                                                                HC-C-1
Schedule HC-C   June 2011
Schedule HC-C



value, if any, shall be accounted for as a valuation allow-    If, as a result of a change in circumstances, the bank
ance. For further information, see ASC Subtopic 948-310,       holding company regains control of a loan previously
Financial Services-Mortgage Banking – Receivables (for-        accounted for appropriately as having been sold because
merly FASB Statement No. 65, Accounting for Certain            one or more of the conditions for sale accounting in ASC
Mortgage Banking Activities), as amended), ASC Sub-            Topic 860 are no longer met, such a change should be
topic 310-10, Receivables – Overall (formerly AICPA            accounted for in the same manner as a purchase of the
Statement of Position 01-6, Accounting by Certain Enti-        loan from the former transferee (purchaser) in exchange
ties (Including Entities With Trade Receivables) That          for liabilities assumed. The rebooked loan must be
Lend to or Finance the Activities of Others), and the          reported as a loan asset in Schedule HC-C either as a loan
March 26, 2001, Interagency Guidance on Certain Loans          held for sale or a loan held for investment, based on facts
Held for Sale.                                                 and circumstances, in accordance with generally accepted
                                                               accounting principles. This accounting and reporting
Report loans and leases held for investment in this            treatment applies, for example, to U.S. Government-
schedule without any deduction for loss allowances for         guaranteed or insured residential mortgage loans backing
loans and leases or allocated transfer risk reserves related   Government National Mortgage Association (GNMA)
to loans and leases, which are to be reported in Schedule      mortgage-backed securities that a bank holding company
HC, item 4(c), ‘‘Allowance for loan and lease losses.’’        services after it has securitized the loans in a transfer
Each item in this schedule should be reported net              accounted for as a sale. If and when individual loans later
of (1) unearned income (to the extent possible)                meet delinquency criteria specified by GNMA, the loans
and (2) deposits accumulated for the payment of personal       are eligible for repurchase, the bank holding company is
loans (hypothecated deposits). Net unamortized loan fees       deemed to have regained effective control over these
represent an adjustment of the loan yield, and shall be        loans, and the delinquent loans must be brought back
reported in this schedule in the same manner as unearned       onto the bank holding company’s books as loan assets.
income on loans, i.e., deducted from the related loan          Exclude all intracompany (i.e., between subsidiaries of
balances (to the extent possible) or deducted from total       the consolidated bank holding company) transactions and
loans in Schedule HC-C, item 11, ‘‘LESS: Any unearned          all loans and leases held for trading purposes.
income on loans reflected in items 1–9 above.’’ Net
unamortized direct loan origination costs shall be added       All loans are classified according to security, borrower, or
to the related loan balances in each item in this schedule.    purpose. Loans covering two or more classifications are
(See the Glossary entry for ‘‘loan fees’’ for further          sometimes difficult to classify. In such instances, classify
information.)                                                  the entire loan according to the major criterion.
                                                               Report in this schedule all loans that the reporting bank
‘‘Purchased impaired loans’’ are loans accounted for in
                                                               holding company or its consolidated subsidiaries have
accordance with ASC Subtopic 310-30, Receivables –
                                                               sold under repurchase agreements. Also report all loans
Loans and Debt Securities Acquired with Deteriorated
                                                               and leases on the books of the reporting bank holding
Credit Quality (formerly AICPA Statement of Position
                                                               company even if on the report date they are past due and
03-3, Accounting for Certain Loans or Debt Securities
                                                               collection is doubtful. Exclude any loans or leases the
Acquired in a Transfer), that a bank holding company has
                                                               bank holding company has sold or charged off. Also
purchased, including those acquired in a purchase busi-
                                                               exclude the fair value of any assets received in full or
ness combination, where there is evidence of deteriora-
                                                               partial satisfaction of a loan or lease (unless the asset
tion of credit quality since the origination of the loan and
                                                               received is itself reportable as a loan or lease) and any loans
it is probable, at the purchase date, that the bank holding
                                                               for which the bank holding company has obtained physi-
company will be unable to collect all contractually
                                                               cal possession of the underlying collateral regardless of
required payments receivable. Neither the accretable
                                                               whether formal foreclosure or repossession proceedings
yield nor the nonaccretable difference associated with
                                                               have been instituted against the borrower. Refer to the
purchased impaired loans should be reported as unearned
                                                               Glossary entries for ‘‘troubled debt restructurings’’ and
income in Schedule HC-C, item 11. In addition, the
                                                               ‘‘foreclosed assets’’ for further discussions of these topics.
nonaccretable difference, must not be recognized as an
adjustment of yield, loss accrual, or valuation allowance.     Exclude, for purposes of this schedule, the following:

HC-C-2                                                                                                                FR Y-9C
                                                                                                     Schedule HC-C   June 2011
Schedule HC-C



(1) Federal funds sold (in domestic offices), i.e., all loans   by farmland, by 1–4 family residential properties, by
    of immediately available funds (in domestic offices)        multifamily properties, and by nonfarm nonresidential
    that mature in one business day or roll over under a        properties. The total of the subitems in column B should
    continuing contract, excluding funds lent in the form       equal the consolidated total reported in column A.
    of securities purchased under agreements to resell.
                                                                For bank holding companies with domestic and for-
    Report federal funds sold (in domestic offices) in
                                                                eign offices: Report loans secured by real estate as a
    Schedule HC, item 3(a). However, report overnight
                                                                single total in column A for the consolidated bank
    lending for commercial and industrial purposes as
                                                                holding company and by type of real estate collateral in
    loans in this schedule. Also report lending transac-
                                                                the appropriate subitem below in column B.
    tions in foreign offices involving immediately avail-
    able funds with an original maturity of one business        Include all loans (other than those to states and political
    day or under a continuing contract that are not             subdivisions in the U.S.), regardless of purpose and
    securities resale agreements as loans in this schedule.     regardless of whether originated by the bank holding
(2) Lending transactions in the form of securities pur-         company or purchased from others, that are secured by
    chased under agreements to resell (report in Schedule       real estate at origination as evidenced by mortgages,
    HC, item 3(b), ‘‘Securities purchased under agree-          deeds of trust, land contracts, or other instruments,
    ments to resell’’).                                         whether first or junior liens (e.g., equity loans, second
                                                                mortgages) on real estate.
(3) Contracts of sale or other loans indirectly represent-
    ing other real estate (report in Schedule HC, item 7,       Include as loans secured by real estate:
    ‘‘Other real estate owned’’).                               (1) Loans secured by residential properties that are
(4) Undisbursed loan funds, sometimes referred to as                guaranteed by the Farmers Home Administration
    incomplete loans or loans in process, unless the                (FmHA) and extended, collected, and serviced by a
    borrower is liable for and pays the interest thereon. If        party other than the FmHA.
    interest is being paid by the borrower on the undis-        (2) Loans secured by properties and guaranteed by gov-
    bursed proceeds, the amounts of such undisbursed                ernmental entities in foreign countries.
    funds should be included in both loans and deposits.
    (Do not include loan commitments that have not yet          (3) Participations in pools of Federal Housing Adminis-
    been taken down, even if fees have been paid; see               tration (FHA) Title I improvement loans that are
    Schedule HC-L, item 1).                                         secured by liens (generally, junior liens) on residen-
                                                                    tial properties.
(5) All holdings of commercial paper (report in Schedule
    HC, item 5, if held for trading; report in Schedule         Exclude the following from loans secured by real estate:
    HC-B, item 4(b), “Other mortgage-backed securi-             (1) Obligations (other than securities) of states and
    ties,” item 5, ‘‘Asset-backed securities,’’ or item 6,          political subdivisions in the U.S. secured by real
    ‘‘Other debt securities,’’ as appropriate, if held for          estate (report in item 9 below).
    purposes other than trading).
                                                                (2) All loans and sales contracts indirectly representing
                                                                    other real estate (report in Schedule HC, item 7,
Line Item 1     Loans secured by real estate.
                                                                    ‘‘Other real estate owned’’).
Report all loans that meet the definition of a ‘‘loan
                                                                (3) Loans to real estate companies, real estate investment
secured by real estate.’’ See the Glossary entry for ‘‘loan
                                                                    trusts, mortgage lenders, and foreign non-
secured by real estate’’ for the definition of this term.
                                                                    governmental entities that specialize in mortgage
For bank holding companies with domestic offices                    loan originations and that service mortgages for other
only: Report loans secured by real estate as a single total         lending institutions when the real estate mortgages or
in column A for the consolidated bank holding company.              similar liens on real estate are not sold to the
Report in column B within the appropriate subitem below             bank holding company but are merely pledged as
loans for construction, land development, and other land            collateral (report below in item 2, ‘‘Loans to deposi-
loans when they are secured by real estate, loans secured           tory institutions and acceptances of other banks,’’ or

FR Y-9C                                                                                                            HC-C-3
Schedule HC-C   June 2011
Schedule HC-C



    as all other loans in item 9, ‘‘Loans to nondepository   (1) Loans secured by vacant land, except land known to
    financial institutions and other loans,’’ as appropri-        be used or usable for agricultural purposes, such as
    ate).                                                        crop and livestock production (which should be
                                                                 reported in Schedule HC-C, item 1.b, below, as loans
(4) Notes issued and insured by the Farmers Home
                                                                 secured by farmland).
    Administration and instruments (certificates of
    beneficial ownership and insured note insurance           (2) Loans secured by real estate the proceeds of which
    contracts) representing an interest in Farmers               are to be used to acquire and improve developed and
    Home Administration-insured notes (report in Sched-          undeveloped property.
    ule HC-B, item 2, ‘‘U.S. government agency obliga-
                                                             (3) Loans made under Title I or Title X of the National
    tions’’).
                                                                 Housing Act that conform to the definition of con-
(5) Bonds issued by the Federal National Mortgage                struction stated above and that are secured by real
    Association or by the Federal Home Loan Mortgage             estate.
    Corporation that are collateralized by residential
    mortgages (report in Schedule HC-B, item 2).             Loans written as combination construction-permanent
                                                             loans secured by real estate should be reported in this
(6) Pooled residential mortgages for which participation     item until construction is completed or principal amorti-
    certificates have been issued or guaranteed by the        zation payments begin, whichever comes first. When the
    Government National Mortgage Association, the            first of these events occurs, the loans should begin to be
    Federal National Mortgage Association, or the Fed-       reported in the real estate loan category in Schedule
    eral Home Loan Mortgage Corporation (report in           HC-C, item 1, appropriate to the real estate collateral. For
    Schedule HC-B, item 4(a)). However, if the reporting     purposes of these reports, a combination construction-
    bank holding company is the seller-servicer of the       permanent loan arises when the lender enters into a
    residential mortgages backing such securities and, as    contractual agreement with the original borrower at the
    a result of a change in circumstances, it must rebook    time the construction loan is originated to also provide
    any of these mortgages because one or more of the        the original borrower with permanent financing that
    conditions for sale accounting in ASC Topic 860,         amortizes principal after construction is completed and a
    Transfers and Servicing (formerly FASB Statement         certificate of occupancy is obtained (if applicable). This
    No. 140, Accounting for Transfers and Servicing of       construction-permanent loan structure is intended to
    Financial Assets and Extinguishments of Liabilities,     apply to situations where, at the time the construction
    as amended by FASB Statment No. 166, Accounting          loan is originated, the original borrower:
    for Transfers of Financial Assets), are no longer met,
    the rebooked mortgages should be included in Sched-      • Is expected to be the owner-occupant of the property
    ule HC-C as loans secured by real estate.                  upon completion of construction and receipt of a
                                                               certificate of occupancy (if applicable), for example,
                                                               where the financing is being provided to the original
Line Item 1(a) Construction, land development,                 borrower for the construction and permanent financing
and other land loans.                                          of the borrower’s residence or place of business, or
Report in the appropriate subitem of column B loans          • Is not expected to be the owner-occupant of the
secured by real estate made to finance (a) land develop-        property, but repayment of the permanent loan will be
ment (i.e., the process of improving land - laying sewers,     derived from rental income associated with the prop-
water pipes, etc.) preparatory to erecting new structures      erty being constructed after receipt of a certificate of
or (b) the on-site construction of industrial, commercial,     occupancy (if applicable) rather than from the sale of
residential, or farm buildings. For purposes of this item,     the property being constructed.
‘‘construction’’ includes not only construction of new
                                                             All construction loans secured by real estate, other than
structures, but also additions or alterations to existing
                                                             combination construction-permanent loans as described
structures and the demolition of existing structures to
                                                             above, should continue to be reported in this item after
make way for new structures.
                                                             construction is completed unless and until (1) the loan is
Also include in this item:                                   refinanced into a new permanent loan by the reporting

HC-C-4                                                                                                            FR Y-9C
                                                                                                 Schedule HC-C   June 2011
Schedule HC-C



bank holding company or is otherwise repaid, (2) the             • Construction loans secured by single-family dwelling
bank holding company acquires or otherwise obtains                 units in detached or semidetached structures, including
physical possession of the underlying collateral in full           manufactured housing.
satisfaction of the debt, or (3) the loan is charged off. For
                                                                 • Construction loans secured by duplex units and town-
purposes of these reports, a construction loan is deemed           houses, excluding garden apartment projects where the
to be refinanced into a new permanent loan only if the              total number of units that will secure the permanent
bank holding company originates:                                   mortgage is greater than four.
• An amortizing permanent loan to a new borrower                 • Combination land and construction loans on 1–4 family
  (unrelated to the original borrower) who has purchased           residential properties, regardless of the current stage of
  the real property, or                                            construction or development.
• A prudently underwritten new amortizing permanent              • Combination construction-permanent loans on 1–4
  loan at market terms to the original borrower including          family residential properties until construction is com-
  an appropriate interest rate, maturity, and loan-to-value        pleted or principal amortization payments begin, which-
  ratio – that is no longer dependent on the sale of the           ever comes first.
  property for repayment. The loan should have a clearly
                                                                 • Bridge loans to developers on 1–4 family residential
  identified ongoing source of repayment sufficient to
                                                                   properties where the buyer will not assume the same
  service the required principal and interest payments
                                                                   loan, even if construction is completed or principal
  over a reasonable and customary period relative to the
                                                                   amortization payments have begun.
  type of property securing the new loan. A new loan to
  the original borrower not meeting these criteria (includ-
                                                                 Line Item 1(a)(2) Other construction loans and all
  ing a new loan on interest-only terms or a new loan
                                                                 land development and other land loans.
  with a short-term balloon maturity that is inconsistent
  with the ongoing source of repayment criterion) should         Report in column B the amount outstanding of all
  continue to be reported as a ‘‘Construction, land devel-       construction loans for purposes other than constructing
  opment, and other land loan’’ in the appropriate sub-          1–4 family residential properties, all land development
  item of Schedule HC-C, item 1(a).                              loans, and all other land loans. Include loans for the
                                                                 development of building lots and loans secured by vacant
Exclude loans to finance construction and land develop-           land, unless the same loan finances the construction of
ment that are not secured by real estate (report in other        1–4 family residential properties on the property.
items of Schedule HC-C, as appropriate).

                                                                 Line Item 1(b)     Secured by farmland.
Line Item 1(a)(1)     1–4 family residential construc-
tion loans.                                                      Report in this item loans secured by farmland and
                                                                 improvements thereon, as evidenced by mortgages or
Report in column B the amount outstanding of 1–4 family          other liens. Farmland includes all land known to be used
residential construction loans, i.e., loans for the purpose of   or usable for agricultural purposes, such as crop and
constructing 1–4 family residential properties, which will       livestock production. Farmland includes grazing or pas-
secure the loan. The term “1–4 family residential proper-        ture land, whether tillable or not and whether wooded or
ties” is defined in Schedule HC-C, item 1(c), below. “1–4         not.
family residential construction loans” include:
                                                                 Include loans secured by residential properties that are
• Construction loans to developers secured by tracts of          guaranteed by the Farmers Home Administration (FmHA)
  land on which 1–4 family residential properties, includ-       and extended, collected, and serviced by a party other
  ing townhouses, are being constructed.                         than the FmHA.
• Construction loans secured by individual parcels of land       Exclude, however, loans extended, serviced, collected,
  on which single 1–4 family residential properties are          and insured by FmHA (report in Schedule HC-B, item 2,
  being constructed.                                             ‘‘U.S. government agency obligations.’’) Also exclude

FR Y-9C                                                                                                             HC-C-5
Schedule HC-C   June 2011
Schedule HC-C



loans for farm property construction and land develop-       have clauses that permit the cap on the maximum princi-
ment purpose (report in Schedule HC-C, item 1(a)             pal balance to be increased under certain circumstances.
above).                                                      Homeowners generally have one of the following options
                                                             for receiving tax free loan proceeds from a reverse
Line Item 1(c)    Secured by 1–4 family residential          mortgage: (1) one lump sum payment; (2) a line of credit;
properties.                                                  (3) fixed monthly payments to homeowner either for a
Report in this item open-end and closed-end loans            specified term or for as long as the homeowner lives in
secured by real estate as evidenced by mortgages (FHA,       the home; or (4) a combination of the above. Reverse
FmHA, VA, or conventional) or other liens on the             mortgages that provide for a lump sum payment to the
following:                                                   borrower at closing, with no ability for the borrower to
                                                             receive additional funds under the mortgage at a later
(1) Nonfarm property containing 1 to 4 dwelling units        date, should be reported as closed-end loans in Schedule
    (including vacation homes) or more than 4 dwelling       HC-C, item 1(c)(2). Normally, closed-end reverse mort-
    units if each is separated from other units by divid-    gages are first liens and would be reported in Schedule
    ing walls that extend from ground to roof (e.g., row     HC-C, item 1(c)(2)(a). Reverse mortgages that are struc-
    houses, townhouses, or the like).                        tured like home equity lines of credit in that they provide
(2) Mobile homes where (a) state laws define the pur-         the borrower with additional funds after closing (either as
    chase or holding of a mobile home as the purchase or     fixed monthly payments, under a line of credit, or both)
    holding of real property and where (b) the loan to       should be reported as open-end loans in Schedule HC-C,
    purchase the mobile home is secured by that mobile       item 1(c)(1). Open-end reverse mortgages also are nor-
    home as evidenced by a mortgage or other instrument      mally first liens. Where there is a combination of both a
    on real property.                                        lump sum payment to the borrower at closing and
                                                             payments after the closing of the loan, the reverse
(3) Individual condominium dwelling units and loans          mortgage should be reported as an open-end loan in
    secured by an interest in individual cooperative hous-   Schedule HC-C, item 1(c)(1).
    ing units, even if in a building with five or more
    dwelling units.                                          Line Item 1(c)(1) Revolving, open-end loans
                                                             secured by 1–4 family residential properties and
(4) Housekeeping dwellings with commercial units com-        extended under lines of credit.
    bined where use is primarily residential and where
    only 1 to 4 family dwelling units are involved.          Report the amount outstanding under revolving, open-
                                                             end lines of credit secured by 1 to 4 family residential
Exclude loans for 1-to-4 family residential property         properties. These lines of credit, commonly known as
construction and land development purposes (report in        home equity lines, are typically secured by a junior lien
Schedule HC-C, item 1(a)). Also, exclude loans secured       and are usually accessible by check or credit card.
by vacant lots in established single-family residential
sections or in areas set aside primarily for 1-to-4 family   Line Item 1(c)(2) Closed-end loans secured by
homes (report in Schedule HC-C, item 1(a)).                  1–4 family residential properties.
Reverse 1–4 family residential mortgages should be           Report in the appropriate subitem the amount of all
reported in the appropriate subitem based on whether         closed-end loans secured by 1 to 4 family residential
they are closed-end or open-end mortgages. A reverse         properties.
mortgage is an arrangement in which a homeowner
                                                             Line Item 1(c)(2)(a)    Secured by first liens.
borrows against the equity in his/her home and receives
cash either in a lump sum or through periodic payments.      Report the amount of all closed-end loans secured by first
However, unlike a traditional mortgage loan, no payment      liens on 1 to 4 family residential properties.
is required until the borrower no longer uses the home as
his or her principal residence. Cash payments to the         Line Item 1(c)(2)(b)    Secured by junior liens.
borrower after closing, if any, and accrued interest are     Report the amount of all closed-end loans secured by
added to the principal balance. These loans may have         junior (i.e., other than first) liens on 1 to 4 family
caps on their maximum principal balance or they may          residential properties.

HC-C-6                                                                                                           FR Y-9C
                                                                                                Schedule HC-C   June 2011
Schedule HC-C



Line Item 1(d) Secured by multifamily (5 or more)             ‘‘Loans secured by owner-occupied nonfarm nonresiden-
residential properties.                                       tial properties’’ are those nonfarm nonresidential prop-
                                                              erty loans for which the primary source of repayment is
Report in this item all other nonfarm residential loans
                                                              the cash flow from the ongoing operations and activities
secured by real estate as evidenced by mortgages (FHA
                                                              conducted by the party, or an affiliate of the party, who
and conventional) or other liens. Specifically, include
                                                              owns the property. Thus, for loans secured by owner-
loans on the following:
                                                              occupied nonfarm nonresidential properties, the primary
(1) Nonfarm properties with 5 or more dwelling units in       source of repayment is not derived from third party,
    structures (including apartment buildings and apart-      nonaffiliated, rental income associated with the property
    ment hotels) used primarily to accommodate house-         (i.e., any such rental income is less than 50 percent of the
    holds on a more or less permanent basis.                  source of repayment) or the proceeds of the sale, refi-
                                                              nancing, or permanent financing of the property. Include
(2) 5 or more unit housekeeping dwellings with commer-
                                                              loans secured by hospitals, golf courses, recreational
    cial units combined where use is primarily residential.
                                                              facilities, and car washes unless the property is owned by
(3) Cooperative-type apartment buildings containing 5 or      an investor who leases the property to the operator who,
    more dwelling units.                                      in turn, is not related to or affiliated with the investor (in
                                                              which case, the loan should be reported in Schedule
Exclude loans for multifamily residential property con-
                                                              HC-C, item 1(e)(2), below). Also include loans secured
struction and land development purposes (report in
                                                              by churches unless the property is owned by an investor
item 1(a)). Also exclude loans secured by nonfarm
                                                              who leases the property to the congregation (in which
nonresidential properties (report in item 1(e)).
                                                              case, the loan should be reported in Schedule HC-C, item
Line Item 1(e)     Secured by nonfarm nonresidential          1(e)(2), below).
properties.
                                                              Line Item 1(e)(2) Loans secured by other nonfarm
Report in the appropriate subitem of column B loans
                                                              nonresidential properties.
secured by real estate as evidenced by mortgages or other
liens on nonfarm nonresidential properties, including         Report in column B the amount of nonfarm nonresiden-
business and industrial properties, hotels, motels,           tial real estate loans that are not secured by owner-
churches, hospitals, educational and charitable institu-      occupied nonfarm nonresidential properties.
tions, dormitories, clubs, lodges, association buildings,
                                                              “Loans secured by other nonfarm nonresidential proper-
‘‘homes’’ for aged persons and orphans, golf courses,
                                                              ties” are those nonfarm nonresidential property loans
recreational facilities, and similar properties.
                                                              where the primary source of repayment is derived from
Exclude loans for nonfarm nonresidential property con-        rental income associated with the property (i.e., loans for
struction and land development purposes (report in            which 50 percent or more of the source of repayment
Schedule HC-C, item 1(a)).                                    comes from third party, nonaffiliated, rental income) or
                                                              the proceeds of the sale, refinancing, or permanent
For purposes of reporting loans in Schedule HC-C, items
                                                              financing of the property. Include loans secured by
1(e)(1) and 1(e)(2), below, the determination as to
                                                              hotels, motels, dormitories, nursing homes, assisted-
whether a nonfarm nonresidential property is considered
                                                              living facilities, mini-storage warehouse facilities, and
“owner-occupied” should be made upon acquisition
                                                              similar properties in this item as loans secured by other
(origination or purchase) of the loan. Once a bank
                                                              nonfarm nonresidential properites.
holding company determines whether a loan should be
reported as “owner-occupied” or not, this determination
need not be reviewed thereafter.                              Line Item 2 Loans to depository institutions and
                                                              acceptances of other banks.
Line Item 1(e)(1) Loans secured by
                                                              For bank holding companies with only domestic
owner-occupied nonfarm nonresidential properties.
                                                              offices: Report in column A in the appropriate subitem
Report in column B the amount of loans secured by             loans to U.S. addressees and loans to non-U.S. address-
owner-occupied nonfarm nonresidential properties.             ees. Report the total in column B.

FR Y-9C                                                                                                            HC-C-7
Schedule HC-C   June 2011
Schedule HC-C



For bank holding companies with domestic and for-               (1) Loans to depository institutions for the purpose of
eign offices: Report in column B the total of loans to              purchasing or carrying securities.
depository institutions in the domestic offices of the
reporting consolidated bank holding companies. Report           (2) Loans to depository institutions for which the collat-
in column A, on a fully consolidated basis, the break-              eral is a mortgage instrument and not the underlying
down between loans to U.S. addressees and loans to                  real property. Report loans to depository institutions
non-U.S. addressees.                                                where the collateral is the real estate itself, as evi-
                                                                    denced by mortgages or similar liens, in item 1.
Report all loans (other than those that meet the definition
of a ‘‘loan secured by real estate’’), including overdrafts     (3) Purchases of mortgages and other loans under agree-
to banks, other depository institutions, and other associa-         ments to resell that do not involve the lending of
tions, companies, and financial intermediaries whose                 immediately available funds or that mature in more
primary business is to accept deposits and to extend                than one business day, if acquired from depository
credit for business or for personal expenditure purposes            institutions.
and holdings at all bankers’ acceptances accepted by            (4) Loan participations acquired from depository
other banks and not held for trading.
                                                                    institutions that must be treated as secured borrow-
Depository institutions cover:                                      ings rather than sales in accordance with generally
                                                                    accepted accounting principles. (See the Glossary
(1) Commercial banks in the U.S., including:                        entry for ‘‘transfers of financial assets’’ for further
    (a) U.S. branches and agencies of foreign banks, U.S.           information.)
        branches and agencies of foreign official banking
                                                                (5) The acceptances of the consolidated subsidiary banks
        institutions, and investment companies that are
                                                                    of the reporting bank holding company discounted
        chartered under Article XII of the New York
                                                                    and held in their portfolios when the account party is
        State banking law and are majority-owned by one
                                                                    another depository institution.
        more foreign banks; and
    (b) all other commercial banks in the U.S., i.e., U.S.      (6) Any borrowing or lending of immediately available
        branches of U.S. banks;                                     funds that matures in more than one business day,
                                                                    other than security repurchase and resale agreements.
(2) Depository insitutions in the U.S., other than com-             Such transactions are sometimes referred to as ‘‘term
    mercial banks, including:                                       federal funds.’’
    (a) credit unions;
                                                                Exclude the following from loans to depository
    (b) mutual or stock savings banks;                          institutions:
    (c) savings or building and loan associations;               (1) All transactions reported in Schedule HC, item 3,
    (d) cooperative banks; and                                       ‘‘Federal funds sold and securities purchased under
                                                                     agreements to resell.’’
    (e) other similar depository institutions; and
                                                                 (2) Loans secured by real estate, even if extended to
(3) Banks in foreign countries, including:                           depository institutions (report in item 1).
    (a) foreign-domiciled branches of other U.S. banks;
                                                                 (3) Loans to holding companies of depository institu-
        and
                                                                     tions not owned or controlled by the reporting bank
    (b) foreign-domiciled branches of foreign banks.                 holding company (report in Schedule HC-C,
        See the Glossary entry for ‘‘banks, U.S. and                 item 9(a)).
        foreign’’ and ‘‘depository institutions in the U.S.’’
        for further discussion of these terms.                   (4) Loans to real estate investment trusts and to mort-
                                                                     gage companies that specialize in mortgage loan
Include the following as loans to depository institutions            originations and warehousing or in mortgage loan
and acceptances of other banks:                                      servicing (report in Schedule HC-C, item 9(a)).

HC-C-8                                                                                                              FR Y-9C
                                                                                                   Schedule HC-C   June 2011
Schedule HC-C



 (5) Loans to finance companies and insurance compa-           (1) U.S. commercial banks and their branches, wherever
     nies (report in Schedule HC-C, item 9(a)).                   located; and
 (6) Loans to brokers and dealers in securities, invest-      (2) other depository institutions in the U.S., i.e.,
     ment companies, and mutual funds (report in Sched-
                                                                  (a) credit unions;
     ule HC-C, item 9(b)(1)).
                                                                  (b) mutual or stock savings banks;
 (7) Loans to Small Business Investment Companies
     (report in Schedule HC-C, item 9(a)).                        (c) savings or building and loan associations;
 (8) Loans to lenders other than brokers, dealers, and            (d) cooperative banks; and
     banks whose principal business is to extend credit
                                                                  (e) other similar depository institutions.
     for the purpose of purchasing or carrying securities
     (as described in Federal Reserve Regulation U)
     and loans to ‘‘plan lenders’’ (as defined in Federal      Line Item 2(b)     To foreign banks.
     Reserve Regulation G) (report in Schedule HC-C,
     item 9(b)(1)).                                           Report in this item all loans and acceptances and other
                                                              instruments evidencing loans to both the U.S. and foreign
 (9) Loans to federally sponsored lending agencies            branches of banks chartered and headquartered in a
     (report in Schedule HC-C, item 9(a)). (Refer to the      foreign country. Foreign banks cover the following:
     Glossary entry for ‘‘federally sponsored lending
     agency’’ for the definition of this term.)                (1) U.S. branches and agencies of foreign banks and

(10) Dollar exchange acceptances created by foreign           (2) foreign-domiciled branches of foreign banks.
     governments and official institutions (report in         For purposes of these reports, U.S. branches and agencies
     Schedule HC-C, item 7).                                  of foreign banks include U.S. branches and agencies
(11) Loans to foreign governments and official institu-       of foreign official banking institutions and investment
     tions, including foreign central banks (report in        companies that are chartered under Article XII of the
     Schedule HC-C, item 7). See the Glossary entry for       New York State banking law and that are majority-owned
     ‘‘foreign governments and official institutions’’ for    by one or more foreign banks.
     the definition of this term.                              (See the Glossary entry for ‘‘banks, U.S. and foreign’’ for
(12) Acceptances accepted by the reporting bank hold-         further discussion of these terms.)
     ing company, discounted, and held in its port-           Exclude the following from this item:
     folio, when the account party is not another deposi-
     tory institution. Report such acceptances in other       (1) dollar exchange acceptances created by foreign gov-
     items of Schedule HC-C, according to the account             ernments and official institutions (report in item 7);
     party.                                                       and
                                                              (2) loans to foreign governments and official institutions,
Line Item 2(a) To U.S. banks and other U.S.                       including foreign central banks (report in item 7).
depository institutions.                                      (See the Glossary entry for ‘‘foreign governments and
                                                              official institutions’’ for the definition of this term.)
Report in this item for the fully consolidated bank
holding company all loans and acceptances and all other       Also report in this item the bank holding company’s
instruments evidencing loans (except those secured by         holdings of all bankers acceptances accepted by other
real estate) to depository institutions chartered and head-   banks (both U.S. and non-U.S. banks) and not held in
quartered in the U.S. (including U.S.-chartered banks         trading accounts. Acceptances accepted by other banks
owned by foreigners), but excluding U.S. branches and         may be purchased in the open market or discounted by
agencies of foreign banks. Include in this item loans to      the reporting bank holding company or its consolidated
both the U.S. and foreign branches of U.S. banks. U.S.        subsidiaries. (For further information, see the Glossary
depository institutions cover the following:                  entry for ‘‘bankers’ acceptances.’’)

FR Y-9C                                                                                                              HC-C-9
Schedule HC-C   June 2011
Schedule HC-C



Exclude acceptances accepted by the consolidated subsid-      Loans to farmers for household, family, and other per-
iary banks of the reporting bank holding company,             sonal expenditures (including credit cards and related
discounted, and held in their portfolios. Such acceptances    plans) that are not readily identifiable as being made to
are to be reported in other items of this schedule accord-    farmers need not be broken out of item 6 for inclusion in
ing to the account party.                                     this item.
                                                              Exclude the following from loans to finance agricultural
Line Item 3 Loans to finance agricultural                      production and other loans to farmers:
production and other loans to farmers.
                                                              (1) Loans secured by real estate (report in item 1).
Report in columns A and B, as appropriate, loans for the
purpose of financing agricultural production. Include          (2) Loans to farmers for commercial and industrial pur-
such loans whether secured (other than those that meet            poses, e.g., when a farmer is operating a business
the definition of a ‘‘loan secured by real estate’’) or            enterprise as well as a farm (report in item 4).
unsecured and whether made to farm and ranch owners           (3) Loans to farmers for the purpose of purchasing or
and operators (including tenants) or to nonfarmers. All           carrying stocks, bonds, and other securities (report in
other loans to farmers, other than those excluded below,          Schedule HC-C, item 9(b)(1)).
should also be reported in this item.
                                                              (4) Loans to farmers secured by oil or mining production
Include the following as loans to finance agricultural             payments (report in item 4).
production and other loans to farmers:
                                                              (5) Notes insured by the Farmers Home Administration
(1) Loans and advances made for the purpose of financing           (FmHA) and instruments (certificates of beneficial
    agricultural production, including the growing and            ownership, insured note insurance contracts) repre-
    storing of crops, the marketing or carrying of agricul-       senting an interest in FmHA-insured notes (report
    tural products by the growers thereof, and the breed-         in Schedule HC-B, item 2, ‘‘U.S. government agency
    ing, raising, fattening, or marketing of livestock.           obligations’’). Such notes and instruments are backed
(2) Loans and advances made for the purpose of financing           by loans made, serviced, and collected by the FmHA
    fisheries and forestries, including loans to commer-           and were issued prior to January 1, 1975.
    cial fishermen.
(3) Agricultural notes and other notes of farmers that the    Line Item 4     Commercial and industrial loans.
    bank holding company has discounted for, or pur-
                                                              For bank holding companies with domestic offices
    chased from, merchants and dealers, either with or
                                                              only: Report in column A in the appropriate subitem
    without recourse to the seller.
                                                              loans to U.S. addressees and loans to non-U.S. address-
(4) Loans to farmers that are guaranteed by the Farmers       ees. Report the total in column B.
    Home Administration (FmHA) or by the Small Busi-
                                                              For bank holding companies with domestic and for-
    ness Administration (SBA) and that are extended,
                                                              eign offices: Report in column B the total of commercial
    serviced, and collected by a party other than the
                                                              and industrial loans for the domestic offices only of the
    FmHA or SBA.
                                                              reporting consolidated bank holding companies. Report
(5) Loans and advances to farmers for purchases of farm       in column A, on a fully consolidated basis, the break-
    machinery, equipment, and implements.                     down between loans to U.S. addressees and loans to
                                                              non-U.S. addressees.
(6) Loans and advances to farmers for all other purposes
    associated with the maintenance or operations of the      Report loans for commercial and industrial purposes to
    farm, including the following:                            sole proprietorships, partnerships, corporations, and other
                                                              business enterprises, whether secured (other than those
    (a) purchases of private passenger automobiles and
                                                              that meet the definition of a ‘‘loan secured by real
        other retail consumer goods; and
                                                              estate’’) or unsecured, single-payment, or installment.
    (b) provisions for the living expenses of farmers or      These loans may take the form of direct or purchased
        ranchers and their families.                          loans.

HC-C-10                                                                                                           FR Y-9C
                                                                                                 Schedule HC-C   June 2011
Schedule HC-C



Include the acceptances of the consolidated banking            (6) Loans made to finance construction that do not
subsidiaries of the reporting bank holding company that            meet the definition of a ‘‘loan secured by real
they hold in their portfolio when the account party is a           estate.’’
commercial or industrial enterprise. Also include loans to
                                                               (7) Loans to merchants or dealers on their own prom-
individuals for commercial, industrial, and professional
                                                                   issory notes secured by the pledge of their own
purposes but not for investment or personal expenditure.
                                                                   installment paper.
Exclude all commercial and industrial loans held in
trading accounts.                                              (8) Loans extended under credit cards and related plans
                                                                   that are readily identifiable as being issued in the
Include loans of the types listed below. These descrip-            name of a commercial or industrial enterprise.
tions may overlap and are not all inclusive.
                                                               (9) Dealer flooring or floor-plan loans.
 (1) Loans for commercial, industrial, and professional
     purposes to                                              (10) Loans collateralized by production payments (e.g.,
                                                                   oil or mining production payments). Treat as a loan
      (a) mining, oil- and gas-producing, and quarrying            to the original seller of the production payment
          companies;                                               rather than to the holder of the production payment.
                                                                   For example, report in this item, as a loan to an oil
      (b) manufacturing companies of all kinds, in-
                                                                   company, a loan made to a nonprofit organization
          cluding those that process agricultural
                                                                   collateralized by an oil production payment; do not
          commodities;
                                                                   include in item 9 as a loan to the nonprofit
      (c) construction companies;                                  organization.

      (d) transportation and communications companies         (11) Loans and participations in loans secured by condi-
          and public utilities;                                    tional sales contracts made to finance the purchase
                                                                   of commercial transportation equipment.
      (e) wholesale and retail trade enterprises and other
          dealers in commodities;                             (12) Commercial and industrial loans guaranteed by
                                                                   foreign governmental institutions.
      (f) cooperative associations including farmers’
          cooperatives;                                       (13) Overnight lending for commercial and industrial
                                                                   purposes.
      (g) service enterprises such as hotels, motels, laun-
          dries, automotive service stations, and nursing     Exclude the following from commercial and industrial
          homes and hospitals operated for profit;             loans:

      (h) insurance agents; and                                (1) Loans that meet the definition of a ‘‘loan secured by
                                                                   real estate,’’ even if for commercial and industrial
      (i) practitioners of law, medicine, and public               purposes (report in item 1).
          accounting.
                                                               (2) Loans to depository institutions (report in item 2).
 (2) Loans for the purpose of financing capital expendi-
     tures and current operations.                             (3) Loans to nondepository financial institutions such
                                                                   as real estate investment trusts, mortgage compa-
 (3) Loans to business enterprises guaranteed by the               nies, and insurance companies (report in Schedule
     Small Business Administration.                                HC-C, item 9(a)).
 (4) Loans to farmers for commercial and industrial            (4) Loans for the purpose of purchasing or carrying
     purposes (when farmers operate a business enter-              securities (report in Schedule HC-C, item 9(b)(1)).
     prise as well as a farm).
                                                               (5) Loans for the purpose of financing agricultural
 (5) Loans supported by letters of commitment from the             production, whether made to farmers or to non-
     Agency for International Development.                         agricultural businesses (report in item 3).

FR Y-9C                                                                                                       HC-C-11
Schedule HC-C   June 2011
Schedule HC-C



 (6) Loans to nonprofit organizations, such as hospitals        For bank holding companies with domestic offices only,
     or educational institutions (report in Schedule HC-C,     report in column A in the appropriate subitem below
     item 9(b)(2)), except those for which oil or mining       credit cards, other revolving credit plans, and other
     production payments serve as collateral that are to       consumer loans. Report the total in column B.
     be reported in this item.
                                                               Report in the appropriate subitem all credit cards, other
 (7) Holdings of acceptances accepted by other banks,          revolving credit plans, and other loans to individuals for
     i.e., that are not consolidated on this report by the     household, family, and personal expenditures. Include
     reporting bank holding company (report in item 2).        all loans to individuals for household, family, and other
 (8) Holdings of acceptances of banking subsidiaries of        personal expenditures that does not meet the definition of
     the consolidated bank holding company when the            a ‘‘loan secured by real estate,’’ whether direct loans or
     account party is another bank (report in item 2) or a     purchased paper. Exclude loans to individuals for the
     foreign government or official institution (report in     purpose of purchasing or carrying securities (report in
     item 7).                                                  Schedule HC-C, item 9(b)(1)).
 (9) Equipment trust certificates (report in Sched-             Deposits accumulated by borrowers for the payment of
     ule HC-B, item 7, or HC-F item 4, as appropriate).        personal loans (i.e., hypothecated deposits) should be
(10) Any commercial or industrial loans and bankers            netted against the related loans.
     acceptances, held in the bank holding company’s
     trading accounts (report in Schedule HC, item 5,
     ‘‘Trading assets’’).                                      Line Item 6(a)     Credit cards.

(11) Commercial paper (report in Schedule HC-B or              Report all extensions of credit to individuals for house-
     Schedule HC-D, as appropriate).                           hold, family, and other personal expenditures arising
                                                               from credit cards. Report the total amount outstanding of
Line Item 4(a) To U.S. addressees (domicile).                  all funds advanced under these credit cards regardless
                                                               of whether there is a period before interest charges are
Report in column A, as appropriate, all commercial and         made. Report the total amount outstanding of all funds
industrial loans to U.S. addressees. (For a detailed discus-   advanced under these credit card plans, regardless of
sion of U.S. and non-U.S. addressees, see the Glossary         whether there is a period before interest charges are
entry for ‘‘domicile.’’)                                       made. Report only amounts carried on the books of the
                                                               reporting bank holding company as loans that are out-
Line Item 4(b)     To non-U.S. addressees (domicile).          standing on the report date, even if the plan is shared with
                                                               other organizations and even if accounting and billing are
Report in column A, as appropriate, all commercial and
                                                               done by a correspondent bank or the accounting center of
industrial loans to non-U.S. addressees. (For a detailed
                                                               a plan administered by others.
discussion of U.S. and non-U.S. addressees, see the
Glossary entry for ‘‘domicile.’’)                              If the reporting bank holding company has securitized
                                                               credit cards and has retained a seller’s interest that is not
Line Item 5     Not applicable.                                in the form of a security, the carrying value of the seller’s
                                                               interest should be reported as credit card loans in this
Line Item 6 Loans to individuals for household,
                                                               item. For purposes of these reports, the term ‘‘seller’s
family, and other personal expenditures (i.e.,
                                                               interest’’ means the reporting bank holding company’s
consumer loans) (includes purchased paper).
                                                               ownership interest in loans that have been securitized,
For bank holding companies with foreign offices, report        except an interest that is a form of recourse or other
the amount outstanding of loans to individuals for house-      seller-provided credit enhancement. Seller’s interests
hold, family, and personal expenditures in domestic            differ from the securities issued to investors by the
offices in column B. Report in column A, on a fully            securitization structure. The principal amount of a sell-
consolidated basis, the breakdown between credit cards,        er’s interest is generally equal to the total principal
other revolving credit plans, and other consumer loans.        amount of the pool of assets included in the securitization

HC-C-12                                                                                                             FR Y-9C
                                                                                                   Schedule HC-C   June 2011
Schedule HC-C



structure less the principal amount of those assets attrib-      Line Item 6(c)    Automobile loans.
utable to investors, i.e., in the form of securities issued to
investors.                                                       Report all consumer loans arising from retail sales of new
                                                                 and used passenger cars and other vehicles such as
Do not net credit balances resulting from overpayment            minivans, vans, sport-utility vehicles, pickup trucks, and
of account balances on credit cards. Report credit balances      similar light trucks for personal use. Include both direct
in Schedule HC-E, items 1(a) or 2(a), as appropriate.            and indirect consumer automobile loans as well as retail
Exclude from credit cards:                                       installment sales paper purchased by the bank from
                                                                 automobile dealers.
(1) Credit extended under credit plans to business enter-
    prises (report in Schedule HC-C, item 4, ‘‘Commer-           Exclude from automobile loans:
    cial and industrial loans’’).
                                                                 (1) Consumer loans for purchases of, or otherwise
(2) All credit extended to individuals through credit                secured by, motorcycles, recreational vehicles, golf
    cards that meet the definition of a ‘‘loan secured by             carts, boats, and airplanes (report in Schedule HC-C,
    real estate’’ (report in Schedule HC-C, item 1).                 item 6.d).
(3) All credit extended to individuals for household,
    family, and other personal expenditures under pre-           (2) Personal cash loans secured by automobiles already
    arranged overdraft plans (report in Schedule HC-C,               paid for (report in Schedule HC-C, item 6(d)).
    item 6(b)).                                                  (3) Vehicle flooring or floor-plan loans (report in Sched-
If the bank holding company acts only as agent or                    ule HC-C, item 4).
correspondent for the other banks or nonbank corpora-            (4) Loans to finance purchases of passenger cars and
tions and carries no credit card or related plan assets on
                                                                     other vehicles for commercial, industrial, state or
its books, enter a ‘‘zero.’’ Bank holding companies that
                                                                     local government, or other nonpersonal nonagricul-
do not participate in any such plan should also enter a
                                                                     tural use (report in Schedule HC-C, item 4, item 8, or
zero.
                                                                     item 9, as appropriate).
Line Item 6(b)      Other revolving credit plans.                (5) Loans to finance vehicle fleet sales (report in Sched-
Report all extensions of credit to individuals for house-            ule HC-C, item 4).
hold, family, and other personal expenditures arising
                                                                 (6) Loans to farmers for purchases of passenger cars and
from prearranged overdraft plans and other revolving
                                                                     other vehicles used in association with the mainte-
credit plans not accessed by credit cards. Report the total
amount outstanding of all funds advanced under these                 nance or operations of the farm, and loans for
revolving credit plans, regardless of whether there is a             purchases of farm equipment (report in Schedule
period before interest charges are made.                             HC-C, item 3).

Do not net balances resulting from overpayment of                (7) Consumer automobile lease financing receivables
account balances on revolving credit plans. Report credit            (report in Schedule HC-C, item 10(a)).
balances in Schedule HC-E, items 1(a) and 2(a) as
                                                                 All loans to individuals for household, family, and other
appropriate.
                                                                 personal expenditures (i.e., consumer loans) originated or
Exclude from other revolving credit plans:                       purchased before April 1, 2011, that are collateralized by
                                                                 automobiles, regardless of the purpose of the loan, may
(1) All ordinary (unplanned) overdrafts on transaction
                                                                 be classified as automobile loans for purposes of this
    accounts not associated with check credit or revolv-
                                                                 schedule and other schedules in which information on
    ing credit operations (report in other items of Sched-
                                                                 automobile loans is to be reported. For consumer loans
    ule HC-C as appropriate).
                                                                 originated or purchased on or after April 1, 2011, banks
(2) Credit extended to individuals for household, family,        should exclude from automobile loans any personal cash
    and other personal expenditures arising from credit          loans secured by automobiles already paid for and con-
    cards (report in Schedule HC-C, item 6(a)).                  sumer loans where some of the proceeds are used to

FR Y-9C                                                                                                          HC-C-13
Schedule HC-C   June 2011
Schedule HC-C



purchase an automobile and the remainder of the pro-           Exclude from other consumer loans:
ceeds are used for other purposes (report in Schedule
                                                               (1) All direct and purchased loans, regardless of purpose,
HC-C, item 6(d)).
                                                                   that meet the definition of a ‘‘loan secured by real
Line Item 6(d)     Other consumer loans.                           estate’’ as evidenced by mortgages, deeds of trust,
                                                                   land contracts, or other instruments, whether first or
Report all other loans to individuals for household,               junior liens (e.g., equity loans, second mortgages), on
family, and other personal expenditures (other than those          real estate (report in Schedule HC-C, item 1).
that meet the definition of a ‘‘loan secured by real estate’’
and other than those for purchasing or carrying securi-        (2) Loans to individuals that do not meet the definition of
ties). Include loans for such purposes as:                         a ‘‘loan secured by real estate’’ for the purpose of
                                                                   investing in real estate when the real estate is not to
(1) purchases of household appliances, furniture, trailers,        be used as a residence or vacation home by the
    and boats;                                                     borrower or by members of the borrower’s family
(2) repairs or improvements to the borrower’s residence            (report as all other loans in Schedule HC-C, item
    (that do not meet the definition of a ‘‘loan secured by         9(b)).
    real estate’’);                                            (3) Loans to individuals for commercial, industrial,
(3) educational expenses, including student loans;                 and professional purposes and for ‘‘floor plan’’ or
                                                                   other wholesale financing (report in Schedule HC-C,
(4) medical expenses;                                              item 4).
(5) personal taxes;
                                                               (4) Loans to individuals for the purpose of purchasing
(6) vacations;                                                     or carrying securities (report in Schedule HC-C, item
                                                                   9(b)).
(7) consolidation of personal (nonbusiness) debts;
                                                               (5) Loans to individuals for investment (as distinct from
(8) purchases of real estate or mobile homes to be used
                                                                   commercial, industrial, or professional) purposes
    as a residence by the borrower’s family (that do not
                                                                   other than those for purchasing or carrying securities
    meet the definition of a ‘‘loan secured by real
                                                                   (report as all other loans in Schedule HC-C, item
    estate’’); and
                                                                   9(b)).
(9) other personal expenditures.
                                                               (6) Loans to merchants, automobile dealers, and finance
Other consumer loans may take the form of:                         companies on their own promissory notes, secured
(1) Installment loans, demand loans, single payment                by the pledge of installment paper or similar instru-
    time loans, and hire purchase contracts (for purposes          ments (report in Schedule HC-C, item 4, or as loans
    other than retail sales of passenger cars and other            to nondepository financial institutions in Schedule
    vehicles such as minivans, vans, sport-utility vehi-           HC-C, item 9(a), as appropriate).
    cles, pickup trucks, and similar light trucks for          (7) Loans to farmers, regardless of purpose, to the extent
    personal use), and should be reported as loans to              that can be readily identified as such loans (report in
    individuals for household, family, and other personal          Schedule HC-C, item 3).
    expenditures regardless of size or maturity and
    regardless of whether the loans are made by the            (8) All credit extended to individuals for household,
    consumer loan department or by any other depart-               family, and other personal expenditures arising from:
    ment of the bank holding company.                              (a) Credit cards (report in Schedule HC-C, item
(2) Retail installment sales paper purchased by the bank               6(a));
    holding company from merchants or dealers (other
                                                                  (b) Prearranged overdraft plans (report in Schedule
    than dealers of passenger cars and other vehicles
                                                                      HC-C, item 6(b)); and
    such as minivans, vans, sport-utility vehicles, pickup
    trucks, and similar light trucks), finance companies,           (c) Retail sales of passenger cars and other vehicles
    and others.                                                        such as minivans, vans, sport-utility vehicles,

HC-C-14                                                                                                            FR Y-9C
                                                                                                  Schedule HC-C   June 2011
Schedule HC-C



        pickup trucks, and similar light trucks for per-       (1) Loans (other than those that meet the definition of a
        sonal use (report in Schedule HC-C, item 6(c)).            ‘‘loan secured by real estate’’) to real estate invest-
                                                                   ment trusts and to mortgage companies that special-
Line Item 7 Loans to foreign governments and                       ize in mortgage loan originations and warehousing or
official institutions.                                             in mortgage loan servicing. (Exclude outright pur-
                                                                   chases of mortgages or similar instruments by the
Report (in columns A and B when appropriate) all loans
                                                                   bank holding company from such companies, which
(other than those secured by real estate), including
                                                                   - unless held for trading - are to be reported in
planned and unplanned overdrafts, to governments in
                                                                   Schedule HC-C, item 1.)
foreign countries, to their official institutions, and to
international and regional institutions. (See the Glossary     (2) Loans to other unrelated holding companies.
entry for ‘‘foreign governments and official institutions’’
for the definition of this term.)                               (3) Loans to insurance companies.

Include bankers acceptances accepted by the subsidiary         (4) Loans to finance companies, mortgage finance com-
banks of the reporting bank holding company and held in            panies, factors and other financial intermediaries,
their portfolio when the account party is a foreign                short-term business credit institutions that extend
government or official institution, including such accep-          credit to finance inventories or carry accounts receiv-
tances for the purpose of financing dollar exchange.                able, and institutions whose functions are predomi-
Exclude acceptances that are held in trading accounts.             nantly to finance personal expenditures (exclude
                                                                   loans to financial corporations whose sole function is
Include loans to foreign governments, official institutions,       to borrow money and relend it to its affiliated compa-
and international and regional institutions (other than            nies or a corporate joint venture in which an affiliated
those that meet the definition of a ‘‘loan secured by real          company is a joint venturer).
estate’’), including planned and unplanned overdrafts.
                                                               (5) Loans to federally-sponsored lending agencies (see
Exclude the following from loans to foreign governments            the Glossary entry for ‘‘federally-sponsored lending
and official institutions:                                         agency’’ for the definition of this term).
(1) Loans to nationalized banks and other banking insti-       (6) Loans to investment banks.
    tutions owned by foreign governments and not
    functioning as central banks, banks of issue, or           (7) Loans and advances made to a bank subsidiary’s own
    development banks (report in item 2 above).                    trust department.
(2) Loans to U.S. branches and agencies of foreign             (8) Loans to other domestic and foreign financial inter-
    official banking institutions (report as a loan to a           mediaries whose functions are predominantly the
    commercial bank in the U.S. in item 2).                        extending of credit for business purposes, such as
                                                                   investment companies that hold stock of operating
(3) Loans to foreign-government-owned nonbank cor-                 companies for management or development pur-
    porations and enterprises (report in item 4 or 9, as           poses.
    appropriate).
                                                               (9) Loans to Small Business Investment Companies.
Line Item 8     Not applicable.
                                                               Other loans include (1) loans for purchasing or carrying
Line Item 9 Loans to nondepository financial                    securities and (2) all other loans, as described below.
institutions and other loans.
                                                               Loans for purchasing or carrying securities include:
Report in columns A and B, as appropriate, loans to
nondepository financial institutions, loans for purchasing      (1) All loans to brokers and dealers in securities (other
or carrying securities, and all other loans that cannot            than those that meet the definition of a ‘‘loan secured
properly be reported in one of the preceding items in this         by real estate’’ and those to depository institutions).
schedule.
                                                               (2) All loans, whether secured (other than those that
Loans to nondepository financial institutions include:              meet the definition of a ‘‘loan secured by real estate’’)

FR Y-9C                                                                                                          HC-C-15
Schedule HC-C   June 2011
Schedule HC-C



    or unsecured, to any other borrower for the purpose       (4) Loans that meet the definition of a ‘‘loan secured by
    of purchasing or carrying securities, such as:                real estate’’ (report in Schedule HC-C, item 1).
    (a) Loans made to provide funds to pay for the            All other loans include all loans and discounts (other than
        purchase of securities at settlement date.            loans to nondepository financial institutions and loans for
   (b) Loans made to provide funds to repay indebted-         purchasing or carrying securities) that cannot properly be
       ness incurred in purchasing securities.                reported in one of the preceding items in Schedule HC-C,
                                                              such as:
    (c) Loans that represent the renewal of loans to
        purchase or carry securities.                         (1) Unplanned overdrafts to deposit accounts (except
   (d) Loans to investment companies and mutual funds,            overdrafts of depository institutions, which are to be
       but excluding loans to Small Business Invest-              reported in Schedule HC-C, item 2; and overdrafts of
       ment Companies.                                            foreign governments and official institutions, which
                                                                  are to be reported in Schedule HC-C, item 7).
    (e) Loans to ‘‘plan lenders’’ as defined in Section
        221.4(a) of Federal Reserve Regulation U.             (2) Loans (other than those that meet the definition of a
                                                                  ‘‘loan secured by real estate’’) to nonprofit organiza-
    (f) Loans to lenders other than brokers, dealers, and
                                                                  tions (e.g., churches, hospitals, educational and chari-
        banks whose principal business is to extend
        credit for the purpose of purchasing or carrying          table institutions, clubs, and similar associations)
        securities as described in Section 221.3(q) of            except those collateralized by production payments
        Federal Reserve Regulation U, unless the loan is          where the proceeds ultimately go to a commercial or
        excepted by that section.                                 industrial organization (which are to be reported in
                                                                  Schedule HC-C, item 4).
   (g) Loans to Employee Stock Ownership Plans
       (ESOPs).                                               (3) Loans to individuals for investment purposes (as
                                                                  distinct from commercial, industrial, or professional
For purposes of this report, the purpose of a loan                purposes), other than those that meet the definition of
collateralized by ‘‘stock’’ is determined as follows:             a ‘‘loan secured by real estate.’’
    (a) For loans that are collateralized in whole or in
        part by ‘‘margin stock,’’ as defined by Federal        Exclude from all other loans extensions of credit initially
        Reserve Regulation U, the purpose of the loan is      made in the form of planned or ‘‘advance agreement’’
        determined by the latest Statement of Purpose         overdrafts other than those made to borrowers of the
        (Form FR U-1) on file.                                 types whose obligations are specifically reportable in this
                                                              item (report such planned overdrafts in other items of
   (b) For loans that are collateralized by ‘‘stock’’ other   Schedule HC-C, as appropriate). For example, report
       than ‘‘margin stock,’’ the bank holding company        advances to banks in foreign countries in the form of
       may determine the purpose of the loan according        ‘‘advance agreement’’ overdrafts as loans to depository
       to the most current information available.             institutions in Schedule HC-C, item 2, and overdrafts
                                                              under consumer check-credit plans as ‘‘Other revolving
Exclude from loans for purchasing or carrying securities:
                                                              credit plans’’ to individuals in Schedule HC-C, item 6(b).
(1) Loans to banks in foreign countries that act as           Report both planned and unplanned overdrafts on ‘‘due
    brokers and dealers in securities (report in Schedule     to’’ deposit accounts of depository institutions in Sched-
    HC-C, item 2).                                            ule HC-C, item 2.
(2) Loans to depository institutions for the purpose of
    purchasing or carrying securities (report Schedule
    HC-C, item 2).                                            Line Item 9(a)     Loans to nondepository financial
                                                              institutions.
(3) Transactions reportable in Schedule HC, item 3,
    ‘‘Federal funds sold and securities purchased under       Report in columns A and B, as appropriate, all loans to
    agreements to resell.’’                                   nondepository financial institutions as described above.

HC-C-16                                                                                                            FR Y-9C
                                                                                                  Schedule HC-C   June 2011
Schedule HC-C



Line Item 9(b)       Other loans.                            Line Item 11 LESS: Any unearned income on
                                                             loans reflected in items 1–9 above.
Line Item 9(b)(1)) Loans for purchasing or                   To the extent possible, report the specific loan categories
carrying securities.                                         net of unearned income. A reporting bank holding com-
Report in columns A and B, as appropriate, all loans for     pany should enter in columns A and B of this item, as
purchasing or carrying securities as described above.        appropriate, unearned income only to the extent that it is
                                                             included in (i.e., not deducted from) the various loan
                                                             items (items 1 through 9) of this schedule. If a consoli-
Line Item 9(b)(2)       All other loans.
                                                             dated bank holding company reports each loan item net
Report in columns A and B, as appropriate, all other         of unearned income, enter a zero. Report the amount
loans as described above.                                    as an absolute value; do not enclose the amount in
                                                             parentheses or use a minus (−) sign.
Line Item 10 Lease financing receivables (net of              Do not include unearned income on lease financing
unearned income).                                            receivables in this item (deduct from item 10).
Report all outstanding balances relating to direct financ-
                                                             Line Item 12 Total loans and leases, net of
ing and leveraged leases on property acquired by the
                                                             unearned income.
bank holding company for leasing purposes. Report the
total amount of these leases in domestic offices in column   Report in columns A and B, as appropriate, the sum of
B and a breakdown of these leases for the fully consoli-     items 1 through 10 less the amount reported in item 11.
dated bank holding company between leases to individu-       The total of column A must equal Schedule HC, sum of
als for household, family, and other personal expendi-       items 4(a) and 4(b).
tures and all other leases. These balances should include
the estimated residual value of leased property and must     Memoranda
be net of unearned income. For further discussion of
                                                             Line Item M1 Loans restructured in troubled
leases where the bank holding company is the lessor,
                                                             debt restructurings that are in compliance with
refer to the Glossary entry for “lease accounting.”
                                                             their modified terms.
Include all leases to states and political subdivisions in
                                                             Report in the appropriate subitem loans that have been
the U.S. in this item.
                                                             restructured in troubled debt restructurings and are in
                                                             compliance with their modified terms. As set forth in
Line Item 10(a) Leases to individuals for                    ASC Subtopic 310-40, Receivables – Troubled Debt
household, family, and other personal expenditures.          Restructurings by Creditors (formerly FASB Statement
Report in column A all outstanding balances relating to      No. 15, Accounting by Debtors and Creditors for Troubled
direct financing and leveraged leases on property acquired    Debt Restructurings,’’ as amended by FASB Statement
by the fully consolidated bank holding company for           No. 114, Accounting by Creditors for Impairment of a
leasing to individuals for household, family, and other      Loan), a troubled debt restructuring is a restructuring of a
personal expenditures (i.e., consumer leases). For further   loan in which a bank holding company, for economic or
information on extending credit to individuals for con-      legal reasons related to a borrower’s financial difficulties,
sumer purposes, refer to the instructions for Schedule       grants a concession to the borrower that it would not
HC-C, item 6(c), “Other consumer loans.”                     otherwise consider. For purposes of this Memorandum
                                                             item, the concession consists of a modification of terms,
                                                             such as a reduction of the loan’s stated interest rate,
Line Item 10(b) All other leases.
                                                             principal, or accrued interest or an extension of the loan’s
Report in column A all outstanding balances relating to      maturity date at a stated interest rate lower than the
all other direct financing and leveraged leases on prop-      current market rate for new debt with similar risk,
erty acquired by the fully consolidated bank holding         regardless of whether the loan is secured or unsecured
company for leasing to lessees other than for household,     and regardless of whether the loan is guaranteed by the
family, and other personal expenditure purposes.             government or by others.

FR Y-9C                                                                                                        HC-C-17
Schedule HC-C   June 2011
Schedule HC-C



Once an obligation has been restructured in a troubled           to the extent that they are reported net of unearned
debt restructuring, it continues to be considered a troubled     income in Schedule HC-C.
debt restructuring until paid in full or otherwise settled,
sold, or charged off. However, if a restructured obligation      Line Item M1(a) Construction, land development,
is in compliance with its modified terms and the restruc-         and other land loans (in domestic offices):
turing agreement specifies an interest rate that at the time      Line Item M1(a)(1)     1-4 family construction loans.
of the restructuring is greater than or equal to the rate that
the bank holding company was willing to accept for a             Report all loans secured by real estate for the purpose of
new extension of credit with comparable risk, the loan           constructing 1-4 family residential properties (as defined
need not continue to be reported as a troubled debt              for Schedule HC-C, item 1(a)(1), column B) that have
restructuring in this Memorandum item in calendar years          been restructured in troubled debt restructurings and are
after the year in which the restructuring took place. A          in compliance with their modified terms. Exclude from
loan extended or renewed at a stated interest rate equal to      this item 1-4 family construction loans restructured in
the current interest rate for new debt with similar risk is      troubled debt restructurings that, under their modified
not considered a troubled debt restructuring. Also, a loan       repayment terms, are past due 30 days or more or are in
to a third party purchaser of ‘‘other real estate owned’’ by     nonaccrual status (report in Schedule HC-N, item 1(a)(1)
the reporting bank holding company for the purpose of            and Memorandum item 1(a)(1)).
facilitating the disposal of such real estate is not consid-
ered a troubled debt restructuring. For further informa-         Line Item M1(a)(2) Other construction loans and
tion, see the Glossary entry for ‘‘troubled debt restructur-     all land development and other land loans.
ings.’’                                                          Report all construction loans for purposes other than
                                                                 constructing 1-4 family residential properties, all land
Include in the appropriate subitem all loans restructured        development loans, and all other land loans (as defined
in troubled debt restructurings as defined above that are         for Schedule HC-C, item 1(a)(2), column B) that have
in compliance with their modified terms, that is, restruc-        been restructured in troubled debt restructurings and are
tured loans (1) on which all contractual payments of             in compliance with their modified terms. Exclude from
principal or interest scheduled that are due under the           this item other construction loans and all land develop-
modified repayment terms have been paid or (2) on                 ment and other land loans restructured in troubled debt
which contractual payments of both principal and interest        restructurings that, under their modified repayment terms,
scheduled under the modified repayment terms are less             are past due 30 days or more or are in nonaccrual status
than 30 days past due.                                           (report in Schedule HC-N, item 1(a)(2) and Memoran-
                                                                 dum item 1(a)(2)).
Exclude from this item (1) those loans restructured in
troubled debt restructurings on which under their modi-          Line Item M1(b) Loans secured by 1-4 family
fied repayment terms either principal or interest is 30           residential properties (in domestic offices).
days or more past due and (2) those loans restructured in        Report all loans secured by 1-4 family residential proper-
troubled debt restructurings that are in nonaccrual status       ties (in domestic offices) (as defined for Schedule HC-C,
under their modified repayment terms. Report such loans           item 1(c), column B) that have been restructured in
restructured in troubled debt restructurings in the cate-        troubled debt restructurings and are in compliance with
gory and column appropriate to the loan in Schedule              their modified terms. Exclude from this item loans
HC-N, items 1 through 8, column A, B, or C, and in               secured by 1-4 family residential properties restructured
Schedule HC-N, Memoranda items 1(a) through 1(f),                in troubled debt restructurings that, under their modified
column A, B, or C.                                               repayment terms, are past due 30 days or more or are in
                                                                 nonaccrual status (report in Schedule HC-N, item 1(c)
Loan amounts should be reported net of unearned income           and Memorandum item 1(b)). Also exclude from this
                                                                 item all 1-4 family construction loans that have been
                                                                 restructured in troubled debt restructurings and are in


HC-C-18                                                                                                              FR Y-9C
                                                                                                    Schedule HC-C   June 2011
Schedule HC-C



compliance with their modified terms (report in Schedule       Line Item M1(e)     Commercial and industrial loans.
HC-C, Memorandum item 1(a)(1), above).
                                                              Report all commercial and industrial loans (as defined for
                                                              Schedule HC-C, item 4) that have been restructured in
Line Item M1(c) Loans secured by multifamily (5               troubled debt restructurings and are in compliance with
or more) residential properties (in domestic offices).        their modified terms. Report a breakdown of these
                                                              restructured loans between those to U.S. and non-U.S.
Report all loans secured by multifamily (5 or more)           addressees for the fully consolidated bank in Memoran-
residential properties (in domestic offices) (as defined for   dum items 1(e)(1) and (2). Exclude commercial and
Schedule HC-C, item 1(d), column B) that have been            industrial loans restructured in troubled debt restructur-
restructured in troubled debt restructurings and are in       ings that, under their modified repayment terms, are past
compliance with their modified terms. Exclude from this        due 30 days or more or are in nonaccrual status (report in
item loans secured by multifamily residential properties      Schedule HC-N, item 4 and Memorandum item 1(e)).
restructured in troubled debt restructurings that, under
their modified repayment terms, are past due 30 days or
more or are in nonaccrual status (report in Schedule          Line Item M1(e)(1)     To U.S. addressees (domicile).
HC-N, item 1(d) and Memorandum item 1(c)).                    Report all commercial and industrial loans to U.S.
                                                              addressees (as defined for Schedule HC-C, item 4(a)) that
                                                              have been restructured in troubled debt restructurings and
Line Item M1(d) Secured by nonfarm
                                                              are in compliance with their modified terms. Exclude
nonresidential properties (in domestic offices):
                                                              from this item commercial and industrial loans to U.S.
Line Item M1(d)(1)) Loans secured by                          addressees restructured in troubled debt restructurings
owner-occupied nonfarm nonresidential properties.             that, under their modified repayment terms, are past due
                                                              30 days or more or are in nonaccrual status (report in
Report all loans secured by owner-occupied nonfarm            Schedule HC-N, item 4(a) and Memorandum item
nonresidential properties (as defined for Schedule HC-C,       1(e)(1)).
item 1(e)(1), column B) that have been restructured in
troubled debt restructurings and are in compliance with
their modified terms. Exclude from this item loans             Line Item M1(e)(2)     To non-U.S. addressees
secured by owner-occupied nonfarm nonresidential prop-        (domicile).
erties restructured in troubled debt restructurings that,     Report all commercial and industrial loans to non-U.S.
under their modified repayment terms, are past due 30          addressees (as defined for Schedule HC-C, item 4(b))
days or more or are in nonaccrual status (report in           that have been restructured in troubled debt restructur-
Schedule HC-N, item 1(e)(1) and Memorandum item               ings and are in compliance with their modified terms.
1(d)(1)).                                                     Exclude from this item commercial and industrial loans
                                                              to non-U.S. addressees restructured in troubled debt
                                                              restructurings that, under their modified repayment terms,
Line Item M1(d)(2) Loans secured by other
                                                              are past due 30 days or more or are in nonaccrual status.
nonfarm nonresidential properties.
Report all loans secured by other nonfarm nonresidential
                                                              Line Item M1(f)     All other loans.
properties (as defined for Schedule HC-C, item 1(e)(2),
column B) that have been restructured in troubled debt        Report all other loans that cannot properly be reported in
restructurings and are in compliance with their modified       Memorandum items 1(a) through 1(e) above that have
terms. Exclude from this item loans secured by other          been restructured in troubled debt restructurings and are
nonfarm nonresidential properties restructured in troubled    in compliance with their modified terms. Exclude from
debt restructurings that, under their modified repayment       this item all other loans restructured in troubled debt
terms, are past due 30 days or more or are in nonaccrual      restructurings that, under their modified repayment terms,
status (report in Schedule HC-N, item 1(e)(2) and Memo-       are past due 30 days or more or are in nonaccrual status
randum item 1(d)(2)).                                         (report in Schedule HC-N).

FR Y-9C                                                                                                       HC-C-19
Schedule HC-C   June 2011
Schedule HC-C



Include in this item loans in the following categories that   nondepository financial institutions and other loans, and
have been restructured in troubled debt restructurings and    Loans secured by real estate in foreign offices).
are in compliance with their modified terms:
                                                              Line Item M2 Loans to finance commercial
(1) Loans secured by farmland (in domestic offices) (as       real estate, construction, and land development
    defined for Schedule HC-C, item 1.b, column B);            activities (not secured by real estate) included
(2) Loans to depository institutions and acceptances of       in Schedule HC-C, items 4 and 9(b)(2) above.
    other banks (as defined for Schedule HC-C, item 2);        Report in this item loans to finance commercial and
(3) Loans to finance agricultural production and other         residential real estate activities, e.g., acquiring, devel-
    loans to farmers (as defined for Schedule HC-C, item       oping and renovating commercial and residential real
    3);                                                       estate, that are reported in Schedule HC-C, item 4,
                                                              ‘‘Commercial and industrial loans,’’ and item 9(b)(2),
(4) Loans to individuals for household, family, and other     ‘‘All other loans,’’ column A.
    personal expenditures (as defined for Schedule HC-C
    item 6);                                                  Such loans generally may include:

(5) Loans to foreign governments and official institu-        (1) loans made for the express purpose of financing real
    tions (as defined for Schedule HC-C, item 7);                  estate ventures as evidenced by loan documentation
                                                                  or other circumstances connected with the loan; or
(6) Obligations (other than securities and leases) of
    states and political subdivisions in the U.S. (included   (2) loans made to organizations or individuals 80 percent
    in Schedule HC-C, item 9(b)(2));                              of whose revenue or assets are derived from or
                                                                  consist of real estate ventures or holdings.
(7) Loans to nondepository financial institutions and
                                                              Exclude from this item all loans secured by real estate
    other loans (as defined for Schedule HC-C, item 9);
                                                              that are reported in Schedule HC-C, item 1, above. Also
    and
                                                              exclude loans to commercial and industrial firms where
(8) Loans secured by real estate in foreign offices (as       the sole purpose for the loan is to construct a factory or
    defined for Schedule HC-C, item 1, column A).              office building to house the company’s operations or
                                                              employees.
Report in Schedule HC-C, Memorandum items 1(f)(1)
through 1(f)(6), each category of loans within ‘‘All other    Line Item M3 Loans secured by real estate
loans’’ that have been restructured in troubled debt          to non-U.S. addressees (domicile) (included
restructurings and are in compliance with their modified       in Schedule HC-C, item 1, column A)
terms, and the dollar amount of loans in such category,
that exceeds 10 percent of total loans restructured in        Report the amount of loans secured by real estate to
troubled debt restructurings that are in compliance with      non-U.S. addressees included in Schedule HC-C, item 1.
their modified terms (i.e., 10 percent of the sum of           For a detailed discussion of U.S. and non-U.S. address-
Schedule HC-C, Memorandum items 1(a) through 1(f)).           ees, see the Glossary entry for ‘‘domicile.’’
Preprinted captions have been provided in Memorandum
                                                              Line Item M4 Outstanding credit card fees and
items 1(f)(1) through 1(f)(6) for reporting the amount of
                                                              finance charges.
such restructured loans for the following loan categories
if the amount for a loan category exceeds the 10 percent      This item is to be completed by (1) bank holding compa-
reporting threshold: Loans secured by farmland (in            nies that, together with affıliated institutions, have out-
domestic offices); Loans to depository institutions and       standing credit card receivables that exceed $500 million
acceptances of other banks; Loans to finance agricultural      as of the report date or (2) bank holding companies that
production and other loans to farmers; (Consumer) Credit      on a consolidated basis are credit card specialty holding
cards; Automobile loans: Other consumer loans; Loans to       companies.
foreign governments and official institutions; and Other
                                                              Outstanding credit card receivables are the sum of:
loans (i.e., Obligations (other than securities and leases)
of states and political subdivisions in the U.S., Loans to        (a) Schedule HC-C, item 6(a), column A;

HC-C-20                                                                                                           FR Y-9C
                                                                                                 Schedule HC-C   June 2011
Schedule HC-C



    (b) Schedule HC-S, item 1, column C; and                  Line Item M5(a)      Outstanding balance.
    (c) Schedule HC-S, item 6(a), column C.                   Report the outstanding balance of all purchased impaired
Credit card specialty bank holding companies are defined       loans reported as held for investment in Schedule HC-C,
as those bank holding companies that on a consolidated        items 1 through 9. The outstanding balance is the undis-
basis exceed 50 percent for the following two criteria:       counted sum of all amounts, including amounts deemed
                                                              principal, interest, fees, penalties, and other under the
    (a) the sum of credit card loans (Schedule HC-C,          loan, owed to the bank holding company at the report
        item 6(a), column A) plus securitized and sold        date, whether or not currently due and whether or not any
        credit card receivables (Schedule HC-S, item 1,       such amounts have been charged off. However, the
        column C) divided by the sum of total loans
                                                              outstanding balance does not include amounts that would
        (Schedule HC-C, item 12, column A) plus securi-
                                                              be accrued under the contract as interest, fees, penalties,
        tized and sold credit card receivables (Schedule
                                                              and other after the report date.
        HC-S, item 1, column C); and
    (b) the sum of total loans (Schedule HC-C, item 12,
        column A) plus securitized and sold credit card       Line Item M5(b) Carrying amount included in
        receivables (Schedule HC-S, item 1, column C)         Schedule HC-C, items 1 through 9.
        divided by the sum of total assets (Schedule HC,
                                                              Report the carrying amount (before any allowances
        item 12) plus securitized and sold credit card
        receivables (Schedule HC-S, item 1, column C).        established after acquisition for decreases in cash flows
                                                              expected to be collected) of, i.e., the recorded investment
Report the amount of fees and finance charges included         in, all purchased impaired loans reported as held for
in the amount of credit card receivables reported in          investment. The recorded investment in these loans will
Schedule HC-C, item 6(a), column A.                           have been included in Schedule HC-C, items 1 through 9.

Line Item M5 Purchased impaired loans held for                Line Item M6 Closed-end loans with negative
investment accounted for in accordance with ASC               amortization features secured by 1–4 family
Subtopic 310-30.                                              residential properties in domestic offices.
Memoranda items 5(a) and 5(b) are to be completed by
                                                              Report in the appropriate subitem the carrying amount of
all bank holding companies.
                                                              closed-end loans with negative amortization features
Report in the appropriate subitem the outstanding bal-        secured by 1–4 family residential properties and, if
ance and carrying amount of ‘‘purchased impaired loans’’      certain criteria are met, the maximum remaining amount
reported as held for investment in Schedule HC-C, items       of negative amortization contractually permitted on these
1 through 9, and accounted for in accordance with ASC         loans and the total amount of negative amortization
Subtopic 310-30, Receivables – Loans and Debt Securi-         included in the carrying amount of these loans. Negative
ties Acquired with Deteriorated Credit Quality (formerly      amortization refers to a method in which a loan is
AICPA Statement of Position 03-3, Accounting for Cer-         structured so that the borrower’s minimum monthly (or
tain Loans or Debt Securities Acquired in a Transfer).        other periodic) payment is contractually permitted to be
Purchased impaired loans are loans that a bank holding        less than the full amount of interest owed to the lender,
company has purchased, including those acquired in a          with the unpaid interest added to the loan’s principal
purchase business combination, where there is evidence        balance. The contractual terms of the loan provide that if
of deterioration of credit quality since the origination of   the borrower allows the principal balance to rise to a
the loan and it is probable, at the purchase date, that the   pre-specified amount or maximum cap, the loan pay-
bank holding company will be unable to collect all            ments are then recast to a fully amortizing schedule.
contractually required payments receivable. Loans held        Negative amortization features may be applied to either
for investment are those that the bank holding company        adjustable rate mortgages or fixed rate mortgages, the
has the intent and ability to hold for the foreseeable        latter commonly referred to as graduated payment mort-
future or until maturity or payoff.                           gages (GPMs).

FR Y-9C                                                                                                        HC-C-21
Schedule HC-C   June 2011
Schedule HC-C



Exclude reverse 1–4 family residential mortgage loans as    tion, report the total amount of negative amortization
described in the instructions for Schedule HC-C, item       included in the carrying amount (i.e., the total amount of
1(c).                                                       interest added to the original loan principal balance that
                                                            has not yet been repaid) reported in Schedule HC-C,
Line Item M6(a) Total carrying amount of
                                                            Memorandum item 6(a) above. Once a loan reaches its
closed-end loans with negative amortization features
                                                            maximum principal balance, the amount of negative
secured by 1–4 family residential properties
                                                            amortization included in the carrying amount should
(included in Schedule HC-C, items 1.c.(2)(a) and
                                                            continue to be reported until the principal balance of the
(b)).
                                                            loan has been reduced through cash payments below the
This item is to be completed by all bank holding            original principal balance of the loan.
companies.
Report the total carrying amount (before any loan loss
allowances) of, i.e., the recorded investment in, closed-   Line Item M7     Not applicable.
end loans secured by 1–4 family residential properties
                                                            Line Item M8     Not applicable.
whose terms allow for negative amortization. The carry-
ing amounts included in this item will also have been       Line Item M9 Loans secured by 1–4 family
reported in Schedule HC-C, items 1(c)(2)(a) and (b).        residential properties (in domestic offices) in process
Memorandum items 6(b) and 6(c) are to be completed          of foreclosure.
by bank holding companies that had closed-end loans
with negative amortization features secured by 1–4          Report the total unpaid principal balance of loans secured
family residential properties (as reported in Schedule      by 1–4 family residential properties (in domestic offices)
HC-C, Memorandum item 6(a)) as of the previous              included in Schedule HC-C, item 1(c), column B, for
December 31 report date that exceeded the lesser of         which formal foreclosure proceedings to seize the real
$100 million or 5 percent of total loans and leases, net    estate collateral have started and are ongoing as of
of unearned income, in domestic offices (as reported in     quarter-end, regardless of the date the foreclosure proce-
Schedule HC-C item 12, column B) as of the previous         dure was initiated. Loans should be classified as in
December 31 report date.                                    process of foreclosure according to local requirements. If
                                                            a loan is already in process of foreclosure and the
Line Item M6(b) Total maximum remaining                     mortgagor files a bankruptcy petition, the loan should
amount of negative amortization contractually               continue to be reported as in process of foreclosure until
permitted on closed-end loans secured by 1–4                the bankruptcy is resolved. Exclude loans where the
family residential properties.                              foreclosure process has been completed and the bank
For all closed-end loans secured by 1–4 family residen-     holding company reports the real estate collateral as
tial properties whose terms allow for negative amortiza-    “Other real estate owned” in Schedule HC, item 7. This
tion (that were reported in Schedule HC-C, Memoran-         item should include both closed-end and open-end 1–4
dum item 6(a), report the total maximum remaining           family residential mortgage loans that are in process of
amount of negative amortization permitted under the         foreclosure.
terms of the loan contract (i.e., the maximum loan
                                                            Note: Memorandum items 10 and 11 are to be com-
principal balance permitted under the negative amortiza-
                                                            pleted by bank holding companies that have elected to
tion cap less the principal balance of the loan as of the
                                                            measure loans included in Schedule HC-C at fair value
quarter-end report date).
                                                            under a fair value option.
Line Item M6(c) Total amount of negative
amortization on closed-end loans secured by 1–4
family residential properties included in the               Line Item M10      Loans measured at fair value.
carrying amount reported in Memorandum item                 Report in the appropriate subitem the total fair value of
6(a) above.                                                 all loans measured at fair value under a fair value option
For all closed-end loans secured by 1–4 family residen-     and included in Schedule HC-C, regardless of whether
tial properties whose terms allow for negative amortiza-    the loans are held for sale or held for investment.

HC-C-22                                                                                                         FR Y-9C
                                                                                               Schedule HC-C   June 2011
Schedule HC-C



Line Item M10(a)        Loans secured by real estate.         Line Item M10(a)(3)(b)(1)       Secured by first liens.
Report the total fair value of loans secured by real estate   Report the total fair value of closed-end loans secured by
included in Schedule HC-C, item 1, measured at fair           first liens on 1–4 family residential properties (in domes-
value under a fair value option for the fully consolidated    tic offices) included in Schedule HC-C, item 1(c)(2)(a),
bank holding company in column A, but with a break-           column B, measured at fair value under a fair value
down of these loans into seven categories for domestic        option.
offices in column B.
                                                              Line Item M10(a)(3)(b)(2)       Secured by junior liens.
Line Item M10(a)(1) Construction, land                        Report the total fair value of closed-end loans secured by
development, and other land loans.                            junior liens on 1–4 family residential properties (in
                                                              domestic offices) included in Schedule HC-C, item
Report the total fair value of construction, land develop-    1(c)(2)(b), column B, measured at fair value under a fair
ment, and other land loans (in domestic offices) included     value option.
in Schedule HC-C, items 1(a)(1) and (2), column B,
measured at fair value under a fair value option.             Line Item M10(a)(4) Secured by multifamily (5 or
                                                              more) residential properties.
Line Item M10(a)(2)         Secured by farmland.              Report the total fair value of loans secured by multifam-
Report the total fair value of loans secured by farmland      ily (5 or more) residential properties (in domestic offices)
(in domestic offices) included in Schedule HC-C, item         included in Schedule HC-C, item 1(d), column B, mea-
1(b), column B, measured at fair value under a fair value     sured at fair value under a fair value option.
option.
                                                              Line Item M10(a)(5) Secured by nonfarm
Line Item M10(a)(3) Secured by 1–4 family                     nonresidential properties.
residential properties.
                                                              Report the total fair value of loans secured by nonfarm
Report in the appropriate subitem the total fair value of     nonresidential properties (in domestic offices) included in
all open-end and closed-end loans secured by 1–4 family       Schedule HC-C, items 1(e)(1) and (2), column B, mea-
residential properties (in domestic offices) included in      sured at fair value under a fair value option.
Schedule HC-C, item 1(c), column B, measured at fair
value under a fair value option.                              Line Item M10(b)       Commercial and industrial
                                                              loans.
Line Item M10(a)(3)(a) Revolving, open-end loans              Report the total fair value of commercial and industrial
secured by 1–4 family residential properties and              loans included in Schedule HC-C, item 4, measured at
extended under lines of credit.                               fair value under a fair value option.
Report the total fair value of revolving, open-end loans      Line Item M10(c) Loans to individuals for
secured by 1–4 family residential properties and extended     household, family, and other personal expenditures.
under lines of credit (in domestic offices) included in
Schedule HC-C, item 1(c)(1), column B, measured at fair       Report in the appropriate subitem the total fair value of
value under a fair value option.                              all loans to individuals for household, family, and other
                                                              personal expenditures (as defined for Schedule HC-C,
                                                              item 6) measured at fair value under a fair value option.
Line Item M10(a)(3)(b) Closed-end loans secured
by 1–4 family residential properties.                         Line Item M10(c)(1)      Credit cards.
Report in the appropriate subitem the total fair value of     Report the total fair value of all extensions of credit to
all closed-end loans secured by 1–4 family residential        individuals for household, family, and other personal
properties (in domestic offices) included in Schedule         expenditures arising from credit cards included in Sched-
HC-C, item 1(c)(2), column B, measured at fair value          ule HC-C, item 6(a), measured at fair value under a fair
under a fair value option.                                    value option.

FR Y-9C                                                                                                         HC-C-23
Schedule HC-C   June 2011
Schedule HC-C



Line Item M10(c)(2)       Other revolving credit plans.         breakdown of these loans into seven categories for
                                                                domestic offices in column B.
Report the total fair value of all extensions of credit to
individuals for household, family, and other personal
                                                                Line Item M11(a)(1) Construction, land
expenditures arising from prearranged overdraft plans
                                                                development, and other land loans.
and other revolving credit plans not accessed by credit
cards included in Schedule HC-C, item 6(b), measured at         Report the total unpaid principal balance outstanding for
fair value under a fair value option.                           all construction, land development, and other loans
                                                                reported in Schedule HC-C, Memorandum item 10(a)(1).
Line Item M10(c)(3)       Automobile loans.
Report the total fair value of all consumer loans arising       Line Item M11(a)(2)     Secured by farmland.
from retail sales of passenger cars and other vehicles          Report the total unpaid principal balance outstanding for
such as minivans, vans, sport-utility vehicles, pickup          all loans secured by farmland reported in Schedule
trucks, and similar light trucks for personal use included      HC-C, Memorandum item 10(a)(2).
in Schedule HC-C, item 6.c, measured at fair value under
a fair value option.                                            Line Item M11(a)(3) Secured by 1–4 family
                                                                residential properties.
Line Item M10(c)(4)       Other consumer loans.
                                                                Report in the appropriate subitem the total unpaid princi-
Report the total fair value of all other loans to individuals   pal balance outstanding for all loans secured by 1–4
for household, family, and other personal expenditures          family residential properties reported in Schedule HC-C,
included in Schedule HC-C, item 6(d), measured at fair          Memorandum item 10(a)(3).
value under a fair value option.
                                                                Line Item M11(a)(3)(a) Revolving, open-end loans
Line Item M10(d)       Other loans.                             secured by 1–4 family residential properties and
Report the total fair value of all other loans measured at      extended under lines of credit.
fair value under a fair value option that cannot properly       Report the total unpaid principal balance outstanding for
be reported in one of the preceding subitems of this            all revolving, open-end loans secured by 1–4 family
Memorandum item 10. Such loans include ‘‘Loans to               residential properties and extended under lines of credit
depository institutions and acceptances of other banks,’’       reported in Schedule HC-C, Memorandum item
‘‘Loans to finance agricultural production and other loans       10(a)(3)(a).
to farmers,’’ ‘‘Loans to foreign governments and official
institutions,’’ ‘‘Obligations (other than securities and        Line Item M11(a)(3)(b) Closed-end loans secured
leases) of states and political subdivisions in the U.S.,’’     by 1–4 family residential properties.
and ‘‘Other loans’’ (as defined for Schedule HC-C, items
2,3,7, and 9).                                                  Report in the appropriate subitem the total unpaid princi-
                                                                pal balance outstanding for all closed-end loans secured
Line Item M11 Unpaid principal balance of loans                 by 1–4 family residential properties reported in Schedule
measured at fair value (reported in Memorandum                  HC-C, Memorandum item 10(a)(3)(b).
item 10).
                                                                Line Item M11(a)(3)(b)(1)      Secured by first liens.
Report in the appropriate subitem the total unpaid princi-
pal balance outstanding for all loans measured at fair          Report the total unpaid principal balance outstanding for
value reported in Schedule HC-C, Memorandum item 10.            all closed-end loans secured by first liens on 1–4 family
                                                                residential properties reported in Schedule HC-C, Memo-
Line Item M11(a)       Loans secured by real estate.            randum item 10(a)(3)(b)(1).
Report the total unpaid principal balance outstanding for
                                                                Line Item M11(a)(3)(b)(2)      Secured by junior liens.
all loans secured by real estate reported in Schedule
HC-C, Memorandum item 10(a), for the fully consoli-             Report the total unpaid principal balance outstanding for
dated bank holding company in column A, but with a              all closed-end loans secured by junior liens on 1–4 family

HC-C-24                                                                                                             FR Y-9C
                                                                                                   Schedule HC-C   June 2011
Schedule HC-C



residential properties reported in Schedule HC-C, Memo-      cars and other vehicles such as minivans, vans, sport-
randum item 10(a)(3)(b)(2).                                  utility vehicles, pickup trucks, and similar light trucks for
                                                             personal use reported in Schedule HC-C, Memorandum
Line Item M11(a)(4) Secured by multifamily (5 or             item 10(c)(3).
more) residential properties.
Report the total unpaid principal balance outstanding for    Line Item M11(c)(4)            Other consumer loans.
all loans secured by multifamily (5 or more) residential     Report the total unpaid principal balance outstanding for
properties reported in Schedule HC-C, Memorandum             all other loans to individuals for household, family, and
item 10(a)(4).                                               other personal expenditures reported in Schedule HC-C,
                                                             Memorandum item 10(c)(4).
Line Item M11(a)(5) Secured by nonfarm
nonresidential properties.
                                                             Line Item M11(d)            Other loans.
Report the total unpaid principal balance outstanding for
all loans secured by nonfarm nonresidential properties       Report the total unpaid principal balance outstanding for
reported in Schedule HC-C, Memorandum item 10(a)(5).         all loans reported in Schedule HC-C, Memorandum item
                                                             10(d). Such loans include “Loans to depository institu-
Line Item M11(b)        Commercial and industrial            tions and acceptances of other banks,” “Loans to finance
loans.                                                       agricultural production and other loans to farmers,”
                                                             “Loans to foreign governments and official institutions,”
Report the total unpaid principal balance outstanding for    “Obligations (other than securities and leases) of states
all commercial and industrial loans reported in Schedule     and political subdivisions in the U.S.,” and “Other loans”
HC-C, Memorandum item 10(b).                                 (as defined for Schedule HC-C, items 2, 3, 7, 8, and 9).
Line Item M11(c) Loans to individuals for
household, family, and other personal expenditures.          Line Item M12 Loans (not subject to the
                                                             requirements of ASC 310-10) and leases held for
Report in the appropriate subitem the total unpaid princi-   investment that were acquired in business
pal balance outstanding for all loans to individuals for     combinations with acquisition dates in the current
household, family, and other personal expenditures           calendar year.
reported in Schedule HC-C, Memorandum item 10(c).
                                                             Report in the appropriate subitem and column the speci-
Line Item M11(c)(1)         Credit cards.                    fied information on loans and leases held for investment
                                                             purposes that were acquired in a business combination,
Report the total unpaid principal balance outstanding for    as prescribed under ASC Topic 805, Business Combina-
all extensions of credit to individuals for household,       tinos (formerly FASB Statement No. 141(R), Business
family, and other personal expenditures arising from         Combinations), with an acquisition date in the current
credit cards reported in Schedule HC-C, Memorandum           calendar year. The acquisition date is the date on which
item 10(c)(1).                                               the bank holding company obtains control 1 of the
Line Item M11(c)(2)         Other revolving credit plans.    acquiree. Exclude purchased impaired loans held for
                                                             investment that are accounted for in accordance with
Report the total unpaid principal balance outstanding for    ASC Subtopic 310-30, Receivables – Loans and Debt
all extensions of credit to individuals for household,       Securities Acquired with Deteriorated Credit Quality
family, and other personal expenditures arising from         (formerly AICPA Statement of Position 03-3, Accounting
prearranged overdraft plans and other revolving credit       for Certain Loans or Debt Securities Acquired in a
plans not accessed by credit cards reported in Schedule      Transfer) (report information on such loans in Schedule
HC-C, Memorandum item 10(c)(2).                              HC-C, memorandum item 5). (For further information,
Line Item M11(c)(3)         Automobile loans.
                                                               1. Control has the meaning of controlling financial interest in paragraph
Report the total unpaid principal balance outstanding for    2 of ASC Subtopic 810-10, Consolidation – Overall (formerly Accounting
all consumer loans arising from retail sales of passenger    Research Bulletin No. 51, Consolidated Financial Statements, as amended.


FR Y-9C                                                                                                                    HC-C-25
Schedule HC-C   June 2011
Schedule HC-C



see the Glossary entry for ‘‘purchased impaired loans and       personal expenditures (as defined for Schedule HC-C,
debt securities.’’)                                             item 6) held for investment that were acquired in a
                                                                business combination occurring in the current calendar
Column Instructions
                                                                year.
Column A, Fair value of acquired loans and leases at
acquisition date: Report in this column the fair value of       Line Item M12(d)       All other loans and all leases.
acquired loans and leases held for investment at the            Report in the appropriate column the specified amounts
acquisition date (see the Glossary entry for ‘‘fair value’’).   for all other loans and all leases (as defined for Schedule
Column B, Gross contractual amounts receivable at               HC-C, items 2, 3, 7, 9, and 10) held for investment that
acquisition date: Report in this column the gross contrac-      were acquired in a business combination occurring in the
tual amounts receivable, i.e., the total undiscounted           current calendar year.
amount of all uncollected contractual principal and con-
tractual interest payments on the receivable, both past         Line Item M13       Not applicable.
due, if any, and scheduled to be paid in the future, on the     Line Item M14       Pledged loans and leases.
acquired loans and leases held for investment at the
acquisition date.                                               Report the amount of all loans and leases included in
                                                                Schedule HC-C above that are pledged to secure depos-
Column C, Best estimate at acquisition date of contrac-         its, repurchase transactions, or other borrowings (regard-
tual cash flows not expected to be collected: Report in          less of the balance of the deposits or other liabilities
this column the bank holding company’s best estimate at         against which the loans and leases are pledged) or for any
the acquisition date of the portion of contractual cash         other purpose. Include loans and leases that have been
flows receivable on acquired loans and leases held for           transferred in transactions that are accounted for as
investment that the bank holding company does not               secured borrowings with a pledge of collateral because
expect to collect.                                              they do not qualify as sales under ASC Topic 860,
                                                                Transfers and Servicing (formerly FASB Statement No.
Line Item M12(a)        Loans secured by real estate.
                                                                140, Accounting for Transfers and Servicing of Financial
Report in the appropriate column the specified amounts           Assets and Extinguishments of Liabilities, as amended).
for loans secured by real estate (as defined for Schedule        In general, the pledging of loans and leases is the act of
HC-C, item 1) held for investment that were acquired in a       setting aside certain loans and leases to secure or collat-
business combination occurring in the current calendar          eralize bank holding company transactions with the bank
year.                                                           holding company continuing to own the loans and leases
                                                                unless the bank holding company defaults on the transac-
Line Item M12(b)        Commercial and industrial               tion.
loans.
                                                                When a bank holding company is subject to a blanket lien
Report in the appropriate column the specified amounts           arrangement or has otherwise pledged an entire portfolio
for commercial and industrial loans (as defined for              of loans to secure its Federal Home Loan Bank advances,
Schedule HC-C, item 4) held for investment that were            it should report the amount of the entire portfolio of loans
acquired in a business combination occurring in the             subject to the blanket lien in this item. Any loans within
current calendar year.                                          the portfolio that have been explicitly excluded or specifi-
                                                                cally released from the lien and that the bank holding
Line Item M12(c) Loans to individuals for
                                                                company has the right, without constraint, to repledge to
household, family, and other personal expenditures.
                                                                another party should not be reported as pledged in this
Report in the appropriate column the specified amounts           item. However, if any such loans have been repledged to
for loans to individuals for household, family, and other       another party, they should be reported in this item.




HC-C-26                                                                                                              FR Y-9C
                                                                                                    Schedule HC-C   June 2011
LINE ITEM INSTRUCTIONS FOR

Trading Assets and Liabilities
Schedule HC-D




General Instructions                                          regulatory guidance related to trading activities. For
                                                              example, a bank holding company would generally not
Schedule HC-D is to be completed by bank holding              classify a loan to which it has applied the fair value
companies that reported a quarterly average for               option as a trading asset unless the bank holding com-
trading assets of $2 million or more in Schedule              pany holds the loan, which it manages as a trading
HC-K, item 4(a), for any of the four preceding quar-          position, for one of the following purposes: (a) for market
terly reports. Memorandum items 4 through 10 are to           making activities, including such activities as accumulat-
be completed by bank holding companies that reported          ing loans for sale or securitization; (b) to benefit from
a quarterly average for trading assets of $1 billion or       actual or expected price movements; or (c) to lock in
more in Schedule HC-K, item 4(a), for any of the four         arbitrage profits. When reporting loans classified as
preceding quarterly reports.                                  trading in Schedule HC-D, bank holding companies
                                                              should include only the fair value of the funded portion
Trading activities typically include (a) regularly under-
                                                              of the loan in item 6 of this schedule. If the unfunded
writing or dealing in securities; interest rate, foreign
                                                              portion of the loan, if any, is classified as trading (and
exchange rate, commodity, equity, and credit derivative
                                                              does not meet the definition of a derivative), the fair
contracts; other financial instruments; and other assets for
                                                              value of the commitment to lend should be reported as an
resale, (b) acquiring or taking positions in such items
                                                              “Other trading asset” or an “Other trading liability,” as
principally for the purpose of selling in the near term or
                                                              appropriate, in Schedule HC-D, item 9 or item 13(b),
otherwise with the intent to resell in order to profit from
                                                              respectively.
short-term price movements, and (c) acquiring or taking
positions in such items as an accommodation to custom-        Assets, liabilities, and other financial instruments classi-
ers or for other trading purposes.                            fied as trading shall be consistently valued at fair value.
Pursuant to ASC Subtopic 825-10, Financial Instruments        Exclude from this schedule all available-for-sale securi-
– Overall (formerly FASB Statement No. 159, The Fair          ties and all loans and leases that do not satisfy the criteria
Value Option for Financial Assets and Financial Liabili-      for classification as trading as described above. (Also see
ties), all securities within the scope of ASC Topic 320,      the Glossary entry for “Trading Account.”) Available-for-
Investments – Debt and Equity Securities (formerly            sale securities are generally reported in Schedule HC,
FASB Statement No. 115, Accounting for Certain Invest-        item 2(b), and in Schedule HC-B, columns C and D.
ments in Debt and Equity Securities), that a bank holding     However, a bank holding company may have certain
company has elected to report at fair value under a fair      assets that fall within the definition of ‘‘securities’’ in
value option with changes in fair value reported in           ASC Topic 320 (e.g., nonrated industrial development
current earnings should be classified as trading securities.   obligations) that the bank holding company has desig-
In addition, for purposes of this report, bank holding        nated as ‘‘available-for-sale’’ which are reported for
companies may classify assets (other than securities          purposes of this report in a balance sheet category other
within the scope of ASC Topic 320) and liabilities as         than ‘‘Securities’’ (e.g., ‘‘Loans and lease financing
trading if the bank holding company applies fair value        receivables’’). Loans and leases that do not satisfy the
accounting, with changes in fair value reported in current    criteria for the trading account should be reported in
earnings, and manages these assets and liabilities as         Schedule HC, item 4(a) or item 4(b), and in Schedule
trading positions, subject to the controls and applicable     HC-C.

FR Y-9C                                                                                                            HC-D-1
Schedule HC-D   June 2011
Schedule HC-D



This schedule has two columns: column A provides                 residential mortgage-backed securities ‘‘Issued or guar-
trading asset and liability detail for the fully consolidated    anteed by FNMA, FHLMC, or GNMA’’) held for trading.
bank holding company and column B provides detail on
trading assets and liabilities held by the domestic offices      Line Item 4(c)     All other residential MBS.
of the reporting bank holding company. (See the Glos-
sary entry for ‘‘domestic office’’ for the definition of this     Report the total fair value of all other residential mortgage-
term.)                                                           backed securities (as defined for Schedule HC-B, item
                                                                 4(a)(3), ‘‘Other pass-through securities,’’ item 4(b)(2),
ASSETS                                                           Other residential mortgage-backed securities ‘‘Collateral-
                                                                 ized by MBS issued or guaranteed by FNMA, FHLMC,
Line Item 1     U.S. Treasury securities.                        or GNMA,’’ and item 4(b)(3), ‘‘All other residential
Report the total fair value of securities issued by the U.S.     MBS’’) held for trading.
Treasury (as defined for Schedule HC-B, item 1, ‘‘U.S.
Treasury securities’’) held for trading.                         Line Item 4(d) Commercial MBS issued or
                                                                 guaranteed by FNMA, FHLMC or GNMA.
Line Item 2     U.S. Government agency obligations.
                                                                 Report the total fair value of all commercial mortgage-
Report the total fair value of all obligations of U.S.           backed securities issued by the Federal National Mort-
Government agencies (as defined for Schedule HC-B,                gage Association (FNMA) or the Federal Home Loan
item 2, U.S. ‘‘Government agency obligations’’) held for         Mortgage Corporation (FHLMC) or guaranteed by the
trading. Exclude mortgage-backed securities.                     Government National Mortgage Association (GNMA)
Line Item 3 Securities issued by states and                      that are held for trading. Also include commercial mort-
political subdivisions in the U.S.                               gage pass-through securities guaranteed by the Small
                                                                 Business Administration.
Report the total fair value of all securities issued by states
and political subdivisions in the United States (as defined       Line Item 4(e)     All other commercial MBS.
for Schedule HC-B, item 3, ‘‘Securities issued by states
and political subdivisions in the U.S.’’) held for trading.      Report the total fair value of all commercial mortgage-
                                                                 backed securities issued or guaranteed by non-U.S. Gov-
Line Item 4     Mortgage-backed securities (MBS).                ernment issuers that are held for trading.
Report in the appropriate subitem the total fair value of        Line Item 5     Other debt securities:
all mortgage-backed securities held for trading.
                                                                 Line Item 5(a)     Structured financial products.
Line Item 4(a) Residential mortgage pass-through
securities issued or guaranteed by FNMA, FHLMC,                  Report in the appropriate subitem the total fair value of
or GNMA.                                                         all structured financial products (as defined for Schedule
                                                                 HC-B, item 5(b), ‘‘Structured financial products’’) held
Report the total fair value of all residential mortgage          for trading according to whether the product is a cash,
pass-through securities issued or guaranteed by FNMA,            synthetic, or hybrid instrument.
FHLMC, or GNMA (as defined for Schedule HC-B, item
4(a)(1), Residential pass-through securities ‘‘Guaranteed        Line Item 5(a)(1)     Cash instruments.
by GNMA,’’ and item 4(a)(2), Residential pass-through
securities ‘‘Issued by FNMA and FHLMC’’) held for                Report the total fair value of structured financial products
trading.                                                         that are cash instruments (as defined for Schedule HC-B,
                                                                 item 5(b)(1)) held for trading.
Line Item 4(b) Other residential MBS issued or
guaranteed by FNMA, FHLMC, or GNMA.                              Line Item 5(a)(2)     Synthetic instruments.
Report the total fair value of all other residential mortgage-   Report the total fair value of structured financial products
backed securities issued by FNMA, FHLMC, or GNMA                 that are synthetic instruments (as defined for Schedule
(as defined for Schedule HC-B, item 4(b)(1), Other                HC-B, item 5(b)(2)) held for trading.

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Line Item 5(a)(3)      Hybrid instruments.                      under lines of credit (as defined for Schedule HC-C, item
                                                                1(c)(1)) held for trading.
Report the total fair value of structured financial products
that are hybrid instruments (as defined for Schedule             Line Item 6(a)(3)(b) Closed-end loans secured by
HC-B, item 5(b)(3)) held for trading.                           1-4 family residential properties.
Line Item 5(b) All other debt securities.                       Report in the appropriate subitem the total fair value of
                                                                all closed-end loans secured by real estate (as defined for
Report the total fair value of all other debt securities (as    Schedule HC-C, item 1(c)(2)) held for trading.
defined for Schedule HC-B, item 5(a), ‘‘Asset-backed
securities,’’ and item 6, ‘‘Other debt securities’’) held for   Line Item 6(a)(3)(b)(1)    Secured by first liens.
trading.
                                                                Report the total fair value of closed-end loans secured by
Line Item 6     Loans.                                          first liens on 1-4 family residential properties (as defined
                                                                for Schedule HC-C, item 1(c)(2)(a)) held for trading.
Report in the appropriate subitem the total fair value of
all loans held for trading. See the Glossary entry for          Line Item 6(a)(3)(b)(2)    Secured by junior liens.
‘‘loan’’ for further information.
                                                                Report the total fair value of closed-end loans secured by
Line Item 6(a)     Loans secured by real estate.                junior liens on 1-4 family residential properties (as
                                                                defined for Schedule HC-C, item 1(c)(2)(b)) held for
Report the total fair value of loans secured by real estate     trading.
(as defined for Schedule HC-C, item 1) held for trading
for the fully consolidated bank holding company in              Line Item 6(a)(4) Secured by multifamily (5 or
column A, but with a breakdown of these loans into              more) residential properties.
seven categories for domestic offices in column B.              Report the total fair value of loans secured by multifam-
                                                                ily (5 or more) residential properties (as defined for
Line Item 6(a)(1) Construction, land development,
                                                                Schedule HC-C, item 1(d)) held for trading.
and other land loans.
Report the total fair value of construction, land develop-      Line Item 6(a)(5) Secured by nonfarm
ment, and other land loans (as defined for Schedule              nonresidential properties.
HC-C, item 1(a)) held for trading.                              Report the total fair value of loans secured by nonfarm
                                                                nonresidential properties (as defined for Schedule HC-C,
Line Item 6(a)(2)      Secured by farmland.
                                                                item 1(e)) held for trading.
Report the total fair value of loans secured by farmland
(as defined for Schedule HC-C, item 1(b)) held for               Line Item 6(b)    Commercial and industrial loans.
trading.                                                        Report the total fair value of commercial and industrial
                                                                loans (as defined for Schedule HC-C, item 4) held for
Line Item 6(a)(3)      Secured by 1-4 family residential        trading.
properties.
Report in the appropriate subitem the total fair value of       Line Item 6(c) Loans to individuals for household,
all open-end and closed-end loans secured by real estate        family, and other personal expenditures.
(as defined for Schedule HC-C, item 1(c)) held for               Report in the appropriate subitem the total fair value of
trading.                                                        all loans to individuals for household, family, and other
                                                                personal expenditures (as defined for Schedule HC-C,
Line Item 6(a)(3)(a) Revolving, open-end loans                  item 6) held for trading.
secured by 1-4 family residential properties and
extended under lines of credit.                                 Line Item 6(c)(1)    Credit cards.
Report the total fair value of revolving, open-end loans        Report the total fair value of all extensions of credit to
secured by 1-4 family residential properties and extended       individuals for household, family, and other personal

FR Y-9C                                                                                                           HC-D-3
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Schedule HC-D



expenditures arising from credit cards (as defined for           commodity, equity, and credit derivative contracts (report
Schedule HC-C, item 6(a)) held for trading.                     in item 11 below).

Line Item 6(c)(2) Other revolving credit plans.
                                                                Line Item 10     Not applicable.
Report the total fair value of all extensions of credit to
                                                                Line Item 11     Derivatives with a positive fair value.
individuals for household, family, and other personal
expenditures arising from prearranged overdraft plans           Report the amount of revaluation gains (i.e., assets) from
and other revolving credit plans not accessed by credit         the ‘‘marking to market’’ of interest rate, foreign exchange
cards (as defined for Schedule HC-C, item 6(b)) held for         rate, commodity, equity, and credit derivative contracts
trading.                                                        held for trading purposes. Revaluation gains and losses
                                                                (i.e., assets and liabilities) from the ‘‘marking to market’’
Line Item 6(c)(3) Automobile loans.                             of the reporting bank holding company’s derivative
Report the total fair value of all consumer loans arising       contracts executed with the same counterparty that meet
from retail sales of passenger cars and other vehicles          the criteria for a valid right of setoff contained in ASC
such as minivans, vans, sport-utility vehicles, pickup          Subtopic 210-20, Balance Sheet – Offsetting (formerly
trucks, and similar light trucks for personal use (as           FASB Interpretation No. 39, Offsetting of Amounts
defined for Schedule HC-C, item 6(c)) held for trading.          Related to Certain Contracts) (e.g., those contracts sub-
                                                                ject to a qualifying master netting arrangement) may be
Line Item 6(c)(4) Other consumer loans.                         reported on a net basis using this item and item 14 below,
                                                                as appropriate. (For further information, see the Glossary
Report the total fair value of all other loans to individuals   entry for ‘‘offsetting.’’)
for household, family, and other personal expenditures
(as defined for Schedule HC-C, item 6(d)) held for               Line Item 12     Total trading assets.
trading.                                                        Report the sum of items 1 through 11. The amount in
                                                                column A for this item must equal Schedule HC, item 5,
Line Item 6(c)(3) Other consumer loans.
                                                                ‘‘Trading assets.’’
Report the total fair value of all other loans to individuals
for household, family, and other personal expenditures
(as defined for Schedule HC-C, item 6.c) held for trading.       LIABILITIES
                                                                Line Item 13(a)     Liability for short positions.
Line Item 6(d)     Other loans.
                                                                Report the total fair value of the reporting bank holding
Report the total fair value of all other loans held for
                                                                company’s liabilities resulting from sales of assets that
trading that cannot properly be reported in one of the
                                                                the reporting bank holding company does not own (see
preceding subitems of this item 6. Such loans include
                                                                the Glossary entry for ‘‘short position’’).
“Loans to depository institutions and acceptances of
other banks,” “Loans to finance agricultural production
and other loans to farmers,” “Loans to foreign govern-          Line Item 13(a)(1)     Equity securities.
ments and official institutions,” “Obligations (other than      Report the fair value of the reporting bank holding
securities and leases) of states and political subdivisions     company’s liabilities resulting from sales of equity secu-
in the U.S.,” and “Other loans” (as defined for Schedule         rities that the reporting bank holding company does not
HC-C, items 2, 3, 7, 8, and 9).                                 own, thereby establishing a short position.
Line Items 7-8 Not applicable.
                                                                Line Item 13(a)(2)     Debt securities.
Line Item 9     Other trading assets.
                                                                Report the fair value of the reporting bank holding
Report the total fair value of all trading assets that cannot   company’s liabilities resulting from sales of debt securi-
properly be reported in items 1 through 6. Exclude              ties that the reporting bank holding company does not
revaluation gains on interest rate, foreign exchange rate,      own, thereby establishing a short position.

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Schedule HC-D



Line Item 13(a)(3)      All other assets.                      Line Item M1(a)     Loans secured by real estate.
Report the fair value of the reporting bank holding            Report the total unpaid principal balance outstanding for
company’s liabilities resulting from sales of all assets       all loans secured by real estate held for trading reported
other than equity securities or debt securities that the       in Schedule HC-D, item 6(a), for the fully consolidated
reporting bank holding company does not own, thereby           bank holding company in column A, but with a break-
establishing a short position.                                 down of these loans into seven categories for domestic
                                                               offices in column B.

Line Item 13(b) All other trading liabilities.                 Line Item M1(a)(1) Construction, land
                                                               development, and other land loans.
Report the total fair value of all trading liabilities other
than the reporting bank holding company’s liability for        Report the total unpaid principal balance outstanding for
short positions. Exclude revaluation losses on interest        all construction, land development, and other land loans
rate, foreign exchange rate, commodity, equity, and credit     held for trading reported in Schedule HC-D, item 6(a)(1).
derivative contracts (report in item 14 below).
                                                               Line Item M1(a)(2)     Secured by farmland.
Line Item 14     Derivatives with a negative fair              Report the total unpaid principal balance outstanding for
value.                                                         all loans secured by farmland held for trading reported in
Report the amount of revaluation losses (i.e., liabilities)    Schedule HC-D, item 6(a)(2).
from the ‘‘marking to market’’ of interest rate, foreign
exchange rate, commodity, equity, and credit derivative        Line Item M1(a)(3) Secured by 1-4 family
contracts held for trading purposes. Revaluation gains         residential properties.
and losses (i.e., assets and liabilities) from the ‘‘marking   Report in the appropriate subitem the total unpaid princi-
to market’’ of the reporting bank holding company’s            pal balance outstanding for all loans secured by 1-4
interest rate, foreign exchange rate, commodity, equity,       family residential properties held for trading reported in
and credit derivative contracts executed with the same         Schedule HC-D, item 6(a)(3).
counterparty that meet the criteria for a valid right of
setoff contained in ASC Subtopic 210-20, Balance Sheet         Line Item M1(a)(3)(a) Revolving, open-end loans
– Offsetting (formerly FASB Interpretation No. 39, Off-        secured by 1-4 family residential properties and
setting of Amounts Related to Certain Contracts) (e.g.,        extended under lines of credit.
those contracts subject to a qualifying master netting         Report the total unpaid principal balance outstanding for
arrangement) may be reported on a net basis using this         all revolving, open-end loans secured by 1-4 family
item and item 11 above, as appropriate. (For further           residential properties and extended under lines of credit
information, see the Glossary entry for ‘‘offsetting.’’)       held for trading reported in Schedule HC-D, item
Line Item 15     Total trading liabilities.                    6(a)(3)(a).

Report the sum of items 13(a), 13(b), and 14. The amount       Line Item M1(a)(3)(b) Closed-end loans secured
in column A for this item must equal Schedule HC, item         by 1-4 family residential properties.
15, ‘‘Trading liabilities.’’                                   Report in the appropriate subitem the total unpaid princi-
                                                               pal balance outstanding for all closed-end loans secured
                                                               by 1-4 family residential properties held for trading
Memoranda                                                      reported in Schedule HC-D, item 6(a)(3)(b).
Line Item M1 Unpaid principal balance of loans                 Line Item M1(a)(3)(b)(1)     Secured by first liens.
measured at fair value.
                                                               Report the total unpaid principal balance outstanding for
Report in the appropriate subitem the total unpaid princi-     all closed-end loans secured by first liens on 1-4 family
pal balance outstanding for all loans held for trading         residential properties held for trading reported in Sched-
reported in Schedule HC-D, item 6.                             ule HC-D, item 6(a)(3)(b)(1).

FR Y-9C                                                                                                          HC-D-5
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Schedule HC-D



Line Item M1(a)(3)(b)(2)     Secured by junior liens.        Line Item M1(c)(3)      Automobile loans.
Report the total unpaid principal balance outstanding for    Report the total unpaid principal balance outstanding for
all closed-end loans secured by junior liens on 1-4 family   all consumer loans arising from retail sales of passenger
residential properties held for trading reported in Sched-   cars and other vehicles such as minivans, vans, sport-
ule HC-D, item 6(a)(3)(b)(2).                                utility vehicles, pickup trucks, and similar light trucks for
                                                             personal use held for trading reported in Schedule HC-D,
Line Item M1(a)(4) Secured by multifamily (5 or              item 6(c)(3).
more) residential properties.
Report the total unpaid principal balance outstanding for    Line Item M1(c)(4)      Other consumer loans.
all loans secured by multifamily (5 or more) residential
                                                             Report the total unpaid principal balance outstanding for
properties held for trading reported in Schedule HC-D,
                                                             all other loans to individuals for household, family, and
item 6(a)(4).
                                                             other personal expenditures held for trading reported in
                                                             Schedule HC-D, item 6(c)(4).
Line Item M1(a)(5) Secured by nonfarm
nonresidential properties.
                                                             Line Item M1(d)       Other loans.
Report the total unpaid principal balance outstanding for
all loans secured by nonfarm nonresidential properties       Report the total unpaid principal balance outstanding for
held for trading reported in Schedule HC-D, item 6(a)(5).    all loans held for trading reported in Schedule HC-D,
                                                             item 6(d). Such loans include “Loans to depository
Line Item M1(b) Commercial and industrial loans.             institutions and acceptances of other banks,” “Loans to
                                                             finance agricultural production and other loans to farm-
Report the total unpaid principal balance outstanding for
                                                             ers,” “Loans to foreign governments and official institu-
all commercial and industrial loans held for trading
                                                             tions,” “Obligations (other than securities and leases) of
reported in Schedule HC-D, item 6(b).
                                                             states and political subdivisions in the U.S.,” and “Other
                                                             loans” (as defined for Schedule HC-C, items 2, 3, 7, 8,
Line Item M1(c) Loans to individuals for                     and 9).
household, family, and other personal expenditures.
Report in the appropriate subitem the total unpaid princi-
                                                             Line Item M2 Loans measured at fair value that
pal balance outstanding for all loans to individuals for
                                                             are past due 90 days or more.
household, family, and other personal expenditures held
for trading reported in Schedule HC-D, item 6(c).            Report in the appropriate subitem the total fair value and
                                                             unpaid principal balance of all loans held for trading
Line Item M1(c)(1)     Credit cards.                         included in Schedule HC-D, items 6(a) through 6(d), that
                                                             are past due 90 days or more as of the report date.
Report the total unpaid principal balance outstanding for
all extensions of credit to individuals for household,
family, and other personal expenditures arising from         Line Item M2(a)      Fair value.
credit cards held for trading reported in Schedule HC-D,
                                                             Report the total fair value of all loans held for trading
item 6(c)(1).
                                                             included in Schedule HC-D, items 6(a) through 6(d), that
                                                             are past due 90 days or more as of the report date.
Line Item M1(c)(2)     Other revolving credit plans.
Report the total unpaid principal balance outstanding for
                                                             Line Item M2(b)       Unpaid principal balance.
all extensions of credit to individuals for household,
family, and other personal expenditures arising from         Report in the appropriate column the total unpaid princi-
prearranged overdraft plans and other revolving credit       pal balance of all loans held for trading included in
plans not accessed by credit cards held for trading          Schedule HC-D, items 6(a) through 6(d), that are past
reported in Schedule HC-D, item 6(c)(2).                     due 90 days or more as of the report date.

HC-D-6                                                                                                             FR Y-9C
                                                                                                  Schedule HC-D   June 2011
Schedule HC-D



Line Item M3 Structured financial products by                  Line Item M3(f) Diversified (mixed) pools of
underlying collateral or reference assets.                    structured financial products.
Report in the appropriate subitem the total fair value of     Report the total fair value of structured financial products
all structured financial products held for trading by the      held for trading that are supported predominantly by
predominant type of collateral or reference assets sup-       diversified (mixed) pools of structured financial products.
porting the product. The sum of Memorandum items 3(a)         Include such products as CDOs squared and cubed (also
through 3(g) must equal the sum of Schedule HC-D,             known as ‘‘pools of pools’’).
items 5(a)(1) through 5(a)(3).
                                                              Line Item M3(g)       Other collateral or reference
                                                              assets.
Line Item M3(a) Trust preferred securities issued
by financial institutions.                                     Report the total fair value of structured financial products
                                                              held for trading that are supported predominantly by
Report the total fair value of structured financial products   other types of collateral or reference assets not identified
held for trading that are supported predominantly by trust    above.
preferred securities issued by financial institutions.
                                                              Line Item M4       Pledged trading assets:
Line Item M3(b) Trust preferred securities issued             Line Item M4(a)       Pledged securities.
by real estate investment trusts.
                                                              Report the total fair value of all securities held for trading
Report the total fair value of structured financial products   included in Schedule HC-D above that are pledged to
held for trading that are supported predominantly by trust    secure deposits, repurchase transactions, or other borrow-
preferred securities issued by real estate investment         ings (regardless of the balance of the deposits or other
trusts.                                                       liabilities against which the securities are pledged); as
                                                              performance bonds under futures or forward contracts; or
Line Item M3(c)        Corporate and similar loans.           for any other purpose. Include as pledged securities any
                                                              securities held for trading that have been ‘‘loaned’’ in
Report the total fair value of structured financial products   securities borrowing/lending transactions that do not
held for trading that are supported predominantly by          qualify as sales under ASC Topic 860, Transfers and
corporate and similar loans. Exclude securities backed by     Servicing (formerly FASB Statement No. 140, Account-
loans that are commonly regarded as asset-backed secu-        ing for Transfers and Servicing of Financial Assets and
rities rather than collateralized loan obligations in the     Extinguishments of Liabilities, as amended).
marketplace (report in Schedule HC-B, item 5(a)).
                                                              Also include securities held for trading owned by consoli-
                                                              dated insurance subsidiaries and held in custodial trusts
Line Item M3(d) 1-4 family residential MBS                    (that are reported as securities held for trading in Sched-
issued or guaranteed by U.S. government-sponsored             ule HC-D) that are pledged to insurance companies
enterprises (GSEs).                                           external to the consolidated bank holding company.
Report the total fair value of structured financial products
                                                              Line Item M4(b)       Pledged loans.
held for trading that are supported predominantly by 1-4
family residential mortgage-backed securities issued or       Report the total fair value of all loans held for trading
guaranteed by U.S. government-sponsored enterprises.          included in Schedule HC-D above that are pledged to
                                                              secure deposits, repurchase transactions, or other borrow-
                                                              ings (regardless of the balance of the deposits or other
Line Item M3(e) 1-4 family residential MBS not
                                                              liabilities against which the loans are pledged) or for any
issued or guaranteed by GSEs.
                                                              other purpose. Include loans held for trading that have
Report the total fair value of structured financial products   been transferred in transactions that are accounted for as
held for trading that are supported predominantly by 1-4      secured borrowings with a pledge of collateral because
family residential mortgage-backed securities not issued      they do not qualify as sales under ASC Topic 860,
or guaranteed by U.S. government-sponsored enterprises.       Transfers and Servicing (formerly FASB Statement No.

FR Y-9C                                                                                                            HC-D-7
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Schedule HC-D



140, Accounting for Transfers and Servicing of Financial       Line Item M5(c)      Automobile loans.
Assets and Extinguishment of Liabilities, as amended). In
                                                               Report the total fair value of all asset-backed securities
general, the pledging of loans is the act of setting aside
                                                               collateralized by automobile loans, i.e., loans to individu-
certain loans to secure or collateralize bank holding
                                                               als for the purpose of purchasing private passenger
company transactions with the bank holding company
                                                               vehicles, including minivans, vans, sport-utility vehicles,
continuing to own the loans unless the bank holding
                                                               pickup trucks, and similar light trucks for personal use.
company defaults on the transaction.
                                                               Such loans are a subset of “Other consumer loans,” as
NOTE: Memorandum items 5 through 10 are applica-               defined for Schedule HC-C, item 6(c).
ble only to bank holding companies that reported a
quarterly average for trading assets of $1 billion or          Line Item M5(d)      Other consumer loans.
more in Schedule HC-K, item 4(a), for any of the four          Report the total fair value of all asset-backed securities
preceding quarterly reports.                                   collateralized by other consumer loans, i.e., loans to
                                                               individuals for household, family, and other personal
Line Item M5      Asset-backed securities.                     expenditures as defined for Schedule HC-C, items 6(b)
                                                               and 6(c), excluding automobile loans as described in
Report in the appropriate subitem the total fair value of      Schedule HC-D, Memorandum item 5(c), above.
all asset-backed securities, including asset-backed com-
mercial paper, held for trading reported in Schedule           Line Item M5(e)      Commercial and industrial loans.
HC-D, items 4 and 5. For purposes of categorizing
asset-backed securities in Schedule HC-D, Memorandum           Report the total fair value of all asset-backed securities
items 5(a) through 5(f), below, each individual asset-         collateralized by commercial and industrial loans, i.e.,
backed security should be included in the item that most       loans for commercial and industrial purposes to sole
closely describes the predominant type of asset that           proprietorships, partnerships, corporations, and other
collateralizes the security and this categorization should     business enterprises, whether secured (other than by real
be used consistently over time. For example, an asset-         estate) or unsecured, single-payment or installment, as
backed security may be collateralized by automobile            defined for Schedule HC-C, item 4.
loans to both individuals and business enterprises. If the
                                                               Line Item M5(f)      Other.
prospectus for this asset-backed security or other avail-
able information indicates that these automobile loans are     Report the total fair value of all asset-backed securities
predominantly loans to individuals, the security should        collateralized by loans other than those included in
be reported in Schedule HC-D, Memorandum item 5(c),            Schedule HC-D, Memorandum items 5(a) through 5(e),
as being collateralized by automobile loans.                   above, i.e., loans as defined for Schedule HC-C, items 2,
                                                               3, and 7 through 9 and lease financing receivables as
                                                               defined for Schedule HC-C, item 10.
Line Item M5(a)      Credit card receivables.
Report the total fair value of all asset-backed securities     Line Item M6 Retained beneficial interests in
collateralized by credit card receivables, i.e., extensions    securitizations (first-loss or equity tranches).
of credit to individuals for household, family, and other      Report the total fair value of assets held for trading that
personal expenditures arising from credit cards as defined      represent interests that continue to be held by the bank
for Schedule HC-C, item 6(a).                                  holding company following a securitization (as defined
                                                               by ASC Topic 860, Transfers and Servicing (formerly-
                                                               FASB Statement No. 140, Accounting for Transfers and
Line Item M5(b) Home equity lines.
                                                               Servicing of Financial Assets and Extinguishments of
Report the total fair value of all asset-backed securities     Liabilities) to the extent that such interests will absorb
collateralized by home equity lines of credit, i.e., revolv-   losses resulting from the underlying assets before those
ing, open-end lines of credit secured by 1-to-4 family         losses affect outside investors. Examples of such items
residential properties as defined for Schedule HC-C,            include credit-enhancing interest-only strips (as defined
item 1(c)(1).                                                  in the instructions for Schedule HC-R, item 10) and

HC-D-8                                                                                                              FR Y-9C
                                                                                                   Schedule HC-D   June 2011
Schedule HC-D



residual interests in securitization trusts (as defined in the   ing purposes. Commodity contracts are contracts that
instructions for Schedule HC-R, item 50).                       have a return, or a portion of their return, linked to the
                                                                price of or to an index of precious metals, petroleum,
Line Item M7 Equity securities.                                 lumber, agricultural products, etc.
Report in the appropriate subitem the total fair value of
all equity securities held for trading that are included in
                                                                Line Item M9(a)(2) Gross fair value of physical
Schedule HC-D, item 9, above. Include equity securities
                                                                commodities held in inventory.
classified as trading with readily determinable fair values
as defined by ASC Topic 320, Investments-Debt and                Report the gross fair value of all physical commodities
Equity Securities (formerly FASB Statement No. 115,             held in inventory that the bank holding company holds
Accounting for Certain Investments in Debt and Equity           for trading purposes. Report the values as reported in
Securities), and those equity securities that are outside       HC-D, item 9, ‘‘Other trading assets.’’
the scope of ASC Topic 320.
                                                                Line Item M9(b)      Other trading assets.
Line Item M7(a)       Readily determinable fair values.
                                                                Disclose in Memorandum items 9(b)(1) through 9(b)(3)
Report the total fair value of all equity securities held for   each component of Schedule HC-D, item 9, ‘‘Other
trading that are within the scope of ASC Topic 320.             trading assets’’ (other than amounts included in Memo-
                                                                randa items 9(a)(1) and 9(a)(2) above), and the fair value
Line Item M7(b)       Other.                                    of such component, that is greater than $25,000 and
Report the total fair value of all equity securities held for   exceeds 25 percent of the amount reported in item 9 less
trading other than those included in Schedule HC-D,             amounts reported in Memoranda items 9(a)(1) and 9(a)(2).
Memorandum item 7(a), above.                                    For each component of other trading assets that exceeds
                                                                this disclosure threshold, describe the component with a
Line Item M8 Loans pending securitization.                      clear but concise caption in Memoranda items 9(b)(1)
                                                                through 9(b)(3). These descriptions should not exceed 50
Report the total fair value of all loans included in
                                                                characters in length (including spacing between words).
Schedule HC-D, items 6(a) through 6(d), that are held for
securitization purposes. Report such loans in this item
only if the bank holding company expects the securitiza-        Line Item M10      Other trading liabilities.
tion transaction to be accounted for as a sale under ASC
Topic 860, Transfers and Servicing (formerly FASB               Disclose in Memorandum items 10(a) through 10(c) each
Statement No. 140, Accounting for Transfers and Servic-         component of Schedule HC-D, item 13(b), “Other trad-
ing of Financial Assets and Extinguishments of                  ing liabilities,” and the fair value of such component, that
Liabilities).                                                   is greater than $25,000 and exceeds 25 percent of the
                                                                amount reported for this item. For each component of
                                                                other trading liabilities that exceeds this disclosure
Line Item M9(a)(1) Gross positive fair value of
                                                                threshold, describe the component with a clear but con-
commodity contracts.
                                                                cise caption in Memorandum items 10(a) through 10(c).
Report the gross positive fair value of all commodity           These descriptions should not exceed 50 characters in
contracts that the bank holding company holds for trad-         length (including spacing between words).




FR Y-9C                                                                                                            HC-D-9
Schedule HC-D   June 2011
LINE ITEM INSTRUCTIONS FOR

Deposit Liabilities
Schedule HC-E




General Instructions                                             (7) pass-through reserve balances;
A complete discussion of deposits is included in the             (8) placements and takings; and
Glossary entry entitled ‘‘deposits.’’ That discussion
                                                                 (9) reciprocal balances.
addresses the following topics and types of deposits in
detail:                                                          NOTE: For purposes of this report, IBFs of subsidiary
 (1) FDI Act definition of deposits;                              depository institutions of the reporting bank holding
                                                                 company are to be treated as foreign offices and their
 (2) demand deposits;                                            deposit liabilities should be excluded from this schedule.
 (3) savings deposits;
 (4) time deposits;                                              Definitions
 (5) time certificates of deposit;
                                                                 The term ‘‘deposits’’ is defined in the Glossary and
 (6) time deposits, open account;                                follows the definition of deposits used in the Federal
                                                                 Deposit Insurance Act. Reciprocal demand deposits
 (7) transaction accounts;
                                                                 between the domestic offices of the reporting bank
 (8) nontransaction accounts;                                    holding company and the domestic offices of other
                                                                 depository institutions that are not consolidated on this
 (9) NOW accounts;
                                                                 report may be reported net when permitted by generally
(10) ATS accounts;                                               accepted accounting principles (GAAP). (See the Glos-
                                                                 sary entry for ‘‘reciprocal balances.’’)
(11) telephone or preauthorized transfer accounts;
(12) money market deposit accounts (MMDAs);                      The following are not reported as deposits:
(13) interest-bearing accounts; and                              (1) Deposits received in one office of a depository
                                                                     institution for deposit in another office of the same
(14) noninterest-bearing accounts.                                   depository institution.
Additional discussions pertaining to deposits are also
                                                                 (2) Outstanding drafts (including advices or authoriza-
found under separate Glossary entries for the following:
                                                                     tions to charge the depository institution’s balance in
(1) borrowings and deposits in foreign offices;                       another depository institution) drawn in the regular
                                                                     course of business by the reporting depository insti-
(2) brokered deposits;
                                                                     tution on other depository institutions, including
(3) dealer reserve accounts;                                         so-called ‘‘suspense depository accounts’’ (report as
                                                                     a deduction from the related ‘‘due from’’ account).
(4) hypothecated deposits;
                                                                 (3) Trust funds held in the bank’s own trust department
(5) letters of credit (for letters of credit sold for cash and
                                                                     that the bank keeps segregated and apart from its
    travelers’ letters of credit);
                                                                     general assets and does not use in the conduct of its
(6) overdrafts;                                                      business.

FR Y-9C                                                                                                             HC-E-1
Schedule HC-E   March 2007
Schedule HC-E



(4) Deposits accumulated for the payment of personal            (5) Funds received or held in connection with checks
    loans (i.e., hypothecated deposits), which should be            or drafts drawn by a subsidiary depository institu-
    netted against loans in Schedule HC-C, Loans and                tion of the reporting bank holding company and
    Lease Financing Receivables.                                    drawn on, or payable at or through, another deposi-
(5) All obligations arising from assets sold under agree-           tory institution either on a zero-balance account or
    ments to repurchase.                                            on an account that is not routinely maintained with
                                                                    sufficient balances to cover checks drawn in the
(6) Overdrafts in deposit accounts. Overdrafts are to be            normal course of business (including accounts
    reported as loans in Schedule HC-C, and not as                  where funds are remitted by a subsidiary depository
    negative deposits. Overdrafts in a single type of               institution of the reporting bank holding company
    related transaction accounts (e.g., related demand              only when it has been advised that the checks or
    deposits or related NOW accounts, but not a combi-              drafts have been presented).
    nation of demand deposit accounts and NOW
    accounts) of a single legal entity that are established     (6) Funds received or held in connection with travel-
    under a bona fide cash management arrangement                    er’s checks and money orders sold (but not drawn)
    by this legal entity are not to be classified as loans           by a subsidiary depository institution of the report-
    unless there is a net overdraft position in the accounts        ing bank holding company, until the proceeds of
    taken as a whole. Such accounts are regarded as, and            the sale are remitted to another party, and funds
    function as, one account rather than as multiple                received or held in connection with other such
    separate accounts.                                              checks used (but not drawn) by a subsidiary deposi-
                                                                    tory institution of the reporting bank holding com-
(7) Time deposits sold (issued) by a subsidiary bank of             pany, until the amount of the checks is remitted to
    the consolidated bank holding company that have                 another party.
    been purchased subsequently by a holding company
    subsidiary in the secondary market (typically as a          (7) Checks drawn by a subsidiary depository institution
    result of the holding company’s trading activities)             of the reporting bank holding company on, or
    and have not resold as of the report date. For                  payable at or through, a Federal Reserve Bank or a
    purposes of these reports, a holding company (or its            Federal Home Loan Bank.
    subsidiaries) that purchases a time deposit a subsidi-
    ary has issued is regarded as having paid the time          (8) Refundable loan commitment fees received or held
    deposit prior to maturity. The effect of the transaction        by a subsidiary depository institution of the report-
    is that the consolidated bank holding company has               ing bank holding company prior to loan closing.
    cancelled a liability as opposed to having acquired an      (9) Refundable stock subscription payments received
    asset for its portfolio.                                        or held by the reporting bank holding company
The following are reported as deposits:                             prior to the issuance of the stock. (Report nonre-
 (1) Deposits of trust funds standing to the credit of              fundable stock subscription payments in Schedule
     other banks and all trust funds held or deposited in           HC-G, item 4, ‘‘Other’’ liabilities.)
     any department of a subsidiary depository institu-        (10) Improperly executed repurchase agreement sweep
     tion of the reporting bank holding company other               accounts (repo sweeps). According to Section 360.8
     than the trust department.                                     of the FDIC’s regulations, an ‘‘internal sweep
 (2) Escrow funds.                                                  account’’ is ‘‘an account held pursuant to a contract
                                                                    between an insured depository institution and its
 (3) Payments collected by a depository institution sub-            customer involving the pre-arranged, automated
     sidiary on loans secured by real estate and other              transfer of funds from a deposit account to . . .
     loans serviced for others that have not yet been               another account or investment vehicle located
     remitted to the owners of the loans.                           within the depository institution.’’ When a repo
 (4) Credit balances resulting from customers’ overpay-             sweep from a deposit account is improperly executed
     ments of account balances on credit cards and                  by an institution, the customer obtains neither an
     related plans.                                                 ownership interest in identified assets subject to a

HC-E-2                                                                                                            FR Y-9C
                                                                                             Schedule HC-E   December 2009
Schedule HC-E



      repurchase agreement nor a perfected security inter-     (3) Cashiers’ checks, money orders, or other officers’
      est in the applicable assets. In this situation, the         checks issued for any purpose including those issued
      institution should report the swept funds as deposit         in payment for services, dividends, or purchases that
      liabilities, not as repurchase agreements, beginning         are drawn on a consolidated bank subsidiary of the
      July 1, 2009.                                                reporting bank holding company by any of its duly
                                                                   authorized officers and that are outstanding on the
In addition, the gross amount of debit items (‘‘throw-
                                                                   report date.
outs,’’ ‘‘bookkeepers’ cutbacks,’’ or ‘‘rejects’’) that can-
not be posted to the individual deposit accounts without       (4) Outstanding travelers’ checks, travelers’ letters of
creating overdrafts or for some other reason, but which            credit, or other letters of credit (less any outstanding
have been charged to the control accounts of the various           drafts accepted thereunder) sold for cash or its
deposit categories on the general ledger, should be cred-          equivalent by the consolidated bank holding com-
ited to (added back to) the appropriate deposit control            pany organization or its agents.
totals and reported in Schedule HC, item 11, ‘‘Other
                                                               (5) Outstanding drafts and bills of exchange accepted by
assets.’’
                                                                   the consolidated bank holding company organization
                                                                   or its agents for money or its equivalent, including
Line Item 1 Deposits held in domestic offices of                   drafts accepted against a letter of credit issued for
commercial bank subsidiaries of the reporting bank                 money or its equivalent.
holding company.                                               (6) Checks or drafts drawn by, or on behalf of, a
Report in items 1(a) through 1(e) below deposits held              non-U.S. office of a subsidiary bank of the reporting
in domestic offices of the commercial bank subsidiaries            bank holding company on an account maintained at a
of the reporting bank holding company that are consoli-            U.S. office of the bank subsidiary. Such drafts are, for
dated by the holding company on this report.                       the Consolidated Financial Statements for Bank
                                                                   Holding Companies, the same as officers’ checks.
For purposes of this item, commercial bank subsidiaries            This would include ‘‘London checks,’’ ‘‘Eurodollar
cover all banks that file the commercial bank Consoli-              bills payable checks,’’ and any other credit items that
dated Reports of Condition and Income (FFIEC 031,                  the domestic bank issues in connection with such
041). See the Glossary entry for ‘‘Domestic Office’’ for           transactions.
the definition of this term.
If the reporting bank holding company consolidates a           Line Item 1(b)     NOW, ATS, and other transaction
subsidiary foreign bank on this report, items 1(a) through     accounts.
1(e) must also include deposits held in the U.S. offices of
such foreign bank subsidiaries.                                Report in this item all accounts subject to negotiable
                                                               orders of withdrawal (i.e., NOW accounts), all ATS
                                                               accounts (that is, accounts subject to automatic transfer
Line Item 1(a)     Demand deposits.                            from savings accounts), and all other transaction accounts,
                                                               excluding demand deposits.
Report all demand deposits, including any matured time
deposits that have not automatically been renewed, as          Other transaction accounts include the following:
defined in the Glossary entry for ‘‘deposits.’’
                                                               (1) Accounts (other than MMDAs) that permit third
Include the following:                                             party payments through automated teller machines
                                                                   (ATMs) or remote service units (RSUs).
(1) Noninterest-bearing deposits that are payable imme-
    diately on demand or issued with an original maturity      (2) Accounts (other than MMDAs) that permit third
    of less than seven days, or that are payable with less         party payments through the use of checks, drafts,
    than seven days notice, or for which the bank subsid-          negotiable instruments, debit cards, or other similar
    iary does not reserve the right to require at least            items.
    seven days written notice of an intended withdrawal.
                                                               (3) Accounts (other than MMDAs) if more than six of
(2) Unpaid depositors’ checks that have been certified.             the following transactions per calendar month are

FR Y-9C                                                                                                            HC-E-3
Schedule HC-E   December 2009
Schedule HC-E



    permitted to be made by telephone or preauthorized            transferring funds to another account or for making a
    order or instruction:                                         payment to a third party by means of preauthorized
                                                                  or telephone agreement, order, or instruction.
    (a) payments or transfers to third parties;
                                                              (4) Special passbook or statement accounts, such as
    (b) transfers to another account of the depositor at
                                                                  ‘‘90-day notice accounts,’’ ‘‘golden passbook
        the same institution; and
                                                                  accounts,’’ or deposits labeled as ‘‘savings certifi-
    (c) transfers to an account at another depository             cates,’’ that have a specified original maturity of
        institution.                                              seven days or more (report as time deposits in
                                                                  item 1(d) or 1(e) below).
Line Item 1(c) Money market deposit accounts                  (5) Interest accrued on savings deposits but not yet paid
and other savings accounts.                                       or credited to a deposit account (exclude from this
Report in this item all savings deposits held in the              schedule and report in Schedule HC, item 20, ‘‘Other
subsidiary commercial banks consolidated in this report           liabilities’’).
by the reporting bank holding company, other than NOW
accounts, ATS accounts, or other transaction accounts         Line Item 1(d)    Time deposits of less than
that are in the form of savings deposits.                     $100,000.

Include the following in this item:                           Report in this item all time deposits with balances of less
                                                              than $100,000 that are held in domestic offices of the
(1) Money market deposit accounts (MMDAs).                    commercial bank subsidiaries of the reporting bank hold-
(2) Savings deposits subject to telephone and preautho-       ing company. This item includes both time certificates
    rized transfers where the depositor is not permitted or   of deposit and open-account time deposits with balances
    authorized to make more than six withdrawals per          of less than $100,000, regardless of negotiability or
    month for purposes of transferring funds to another       transferability.
    account or for making a payment to a third party          Include the following:
    by means of preauthorized or telephone agreement,
                                                              (1) Time deposits (as defined in the Glossary entry for
    order, or instruction.
                                                                  ‘‘deposits’’), which are deposits with original maturi-
(3) Savings deposits subject to no more than six transfers        ties of seven days or more, that are not classified as
    per month for purposes of covering overdrafts (i.e.,          transaction accounts and that have balances of less
    overdraft protection plan accounts).                          than $100,000.
(4) All other savings deposits that are not classified as      (2) Interest paid by crediting nontransaction time deposit
    transaction accounts (e.g., regular savings and pass-         accounts with balances of less than $100,000.
    book savings accounts).
                                                              (3) Time deposits issued to deposit brokers in the form
(5) Interest paid by crediting the savings deposit accounts       of large ($100,000 or more) certificates of deposit
    defined by paragraphs (1) through (4) in this item.            that have been participated out by the broker in
                                                                  shares of less than $100,000. In addition, if the bank
Exclude the following from this item:
                                                                  subsidiary has issued a master certificate of deposit to
(1) NOW accounts (including ‘‘Super NOWs’’) and ATS               a deposit broker in an amount that exceeds $100,000
    accounts (report in item 1(b) above).                         and under which brokered certificates of deposit are
                                                                  issued in $1,000 amounts (so-called ‘‘retail brokered
(2) Overdraft protection plan accounts that permit more
                                                                  deposits’’), individual depositors who purchase mul-
    than six transfers per month (report in item 1(a) as a
                                                                  tiple certificates issued by the bank subsidiary nor-
    demand deposit).
                                                                  mally do not exceed the applicable deposit insurance
(3) Savings deposits subject to telephone or preautho-            limit (either $100,000 or $250,000). Under current
    rized transfer (report in item 1(b) above), unless the        deposit insurance rules the deposit broker is not
    depositor is not permitted or not authorized to make          required to provide information routinely on these
    more than six withdrawals per month for purposes of           purchasers and their account ownership capacity to

HC-E-4                                                                                                            FR Y-9C
                                                                                             Schedule HC-E   December 2009
Schedule HC-E



    the bank subsidiary issuing the deposits. If this          subsidiaries of the reporting bank holding company and
    information is not readily available to the issuing        that are consolidated by the holding company on this
    bank subsidiary, these brokered certificates of deposit     report.
    in $1,000 amounts should be reported in this item as
                                                               For purposes of this item, other depository institutions
    time deposits of less than $100,000.
                                                               cover depository institutions other than commercial
Exclude from this item all time deposits with balances of      banks (as defined in item 1 of this schedule) that are
$100,000 or more (report in item 1(e) below).                  consolidated subsidiaries of the reporting bank holding
                                                               company. Such depository institutions may include sav-
Line Item 1(e)     Time deposits of $100,000 or more.          ings and loan or building and loan associations, deposi-
Report in this item all time deposits, including time          tory trust companies, or other institutions that accept
certificates of deposit and open-account time deposits          deposits that do not submit the commercial bank Reports
with balances of $100,000 or more, regardless of nego-         of Condition and Income (FFIEC 031, 041).
tiability or transferability that are held in the commercial   Exclude Edge and Agreement Corporations from the
bank subsidiaries of the reporting bank holding company.       coverage of ‘‘other depository institutions’’ for purposes
Include the following:                                         of this item. Domestic offices are those offices located in
                                                               the fifty states of the United States and the District of
(1) Time deposits (as defined in the Glossary entry for         Columbia.
    ‘‘deposits’’), which are deposits with original maturi-
    ties of seven days or more, that are not classified
                                                               Line Item 2(a)     Noninterest-bearing balances.
    as transaction accounts and that have balances of
    $100,000 or more.                                          Report all noninterest-bearing deposits, including any
                                                               matured time or savings deposits that have not automati-
(2) Interest paid by crediting nontransaction time deposit
                                                               cally been renewed, as defined in the Glossary entry for
    accounts with balances of $100,000 or more.
                                                               ‘‘deposits,’’ that are held in domestic offices of ‘‘other
Exclude the following:                                         depository institutions’’ that are subsidiaries consolidated
                                                               on the reporting bank holding company’s financial state-
(1) All time deposits issued to deposit brokers in the
                                                               ments. Include any deposit account on which the issuing
    form of large ($100,000 or more) certificates of
                                                               depository institution pays no compensation.
    deposit that have been participated out by the broker
    in shares of less than $100,000 (report in item 1(d)).
                                                               Line Item 2(b)     NOW, ATS, and other transaction
(2) All time deposits with balances of less than $100,000      accounts.
    (report in item 1(d)),
                                                               Report in this item all accounts subject to negotiable
NOTE: Bank holding companies should include as time            orders of withdrawal (i.e., NOW accounts), all ATS
deposits of their commercial bank subsidiaries of              accounts (that is, accounts subject to automatic transfer
$100,000 or more those time deposits originally issued in      from savings accounts), and all other transaction accounts
denominations of less than $100,000 but that, because of       that are held in domestic offices of the ‘‘other depository
interest paid or credited, or because of additional depos-     institution’’ subsidiaries of the reporting bank holding
its, now have a balance of $100,000 or more.                   company.
Line Item 2 Deposits held in domestic offices of               Other transaction accounts include the following:
other depository institutions that are subsidiaries of
                                                               (1) Accounts (other than MMDAs) that permit third
the reporting bank holding company.
                                                                   party payments through automated teller machines
NOTE: Items 2(a) through 2(e) are to be completed only             (ATMs) or remote service units (RSUs).
by bank holding companies that have depository institu-
                                                               (2) Accounts (other than MMDAs) that permit third
tions other than banks as subsidiaries.
                                                                   party payments through the use of checks, drafts,
Report in items 2(a) through 2(e) below deposits held in           negotiable instruments, debit cards, or other similar
domestic offices of other depository institutions that are         items.

FR Y-9C                                                                                                            HC-E-5
Schedule HC-E   December 2009
Schedule HC-E



(3) Accounts (other than MMDAs) if more than six of               more than six withdrawals per month for purposes of
    the following transactions per calendar month are             transferring funds to another account or for making a
    permitted to be made by telephone or preauthorized            payment to a third party by means of preauthorized
    order or instruction:                                         or telephone agreement, order, or instruction.
    (a) payments or transfers to third parties;               (4) Interest accrued on savings deposits but not yet paid
                                                                  or credited to a deposit account (exclude from this
    (b) transfers to another account of the depositor at
                                                                  schedule and report in Schedule HC, item 20, ‘‘Other
        the same institution; and
                                                                  liabilities’’).
    (c) transfers to an account at another depository
        institution.                                          Line Item 2(d)    Time deposits of less than
                                                              $100,000.
Line Item 2(c) Money market deposit accounts
and other savings accounts.                                   Report in this item all time deposits with balances of less
                                                              than $100,000 that are held in domestic offices of ‘‘other
Report in this item all savings deposits held in the          depository institutions’’ (other than commercial banks),
subsidiary depository institutions (other than commercial     as defined in item 2 above that are subsidiaries of the
banks) consolidated in this report by the reporting bank      reporting bank holding company. This item includes both
holding company, other than NOW accounts, ATS                 time certificates of deposit and open-account time depos-
accounts, or other transaction accounts that are in the       its with balances of less than $100,000, regardless of
form of savings deposits.                                     negotiability or transferability.
Include in this item the following:
                                                              Include the following:
(1) Savings deposits subject to telephone and preautho-
                                                              (1) Time deposits (as defined in the Glossary entry for
    rized transfers where the depositor is not permitted or
                                                                  ‘‘deposits’’), which are deposits with original maturi-
    authorized to make more than six withdrawals per
                                                                  ties of seven days or more, that are not classified as
    month for purposes of transferring funds to another
                                                                  transaction accounts and that have balances of less
    account or for making a payment to a third party
                                                                  than $100,000.
    by means of preauthorized or telephone agreement,
    order, or instruction.                                    (2) Interest paid by crediting nontransaction time deposit
                                                                  accounts with balances of less than $100,000.
(2) Savings deposits subject to no more than six transfers
    per month for purposes of covering overdrafts (i.e.,      (3) Time deposits issued to deposit brokers in the form
    overdraft protection plan accounts).                          of large ($100,000 or more) certificates of deposit
                                                                  that have been participated out by the broker in
(3) All other savings deposits that are not classified as
                                                                  shares of less than $100,000. In addition, if the
    transaction accounts (e.g., regular savings and pass-
                                                                  depository institution has issued a master certificate
    book savings accounts).
                                                                  of deposit to a deposit broker in an amount that
(4) Interest paid by crediting the savings deposit accounts       exceeds $100,000 and under which brokered certifi-
    defined by paragraphs (1) through (4) in this item.            cates of deposit are issued in $1,000 amounts (so-
                                                                  called ″retail brokered deposits″), individual deposi-
Exclude from this item the following:
                                                                  tors who purchase multiple certificates issued by the
(1) NOW accounts and ATS accounts (report in item 2(b)            depository institution normally do not exceed the
    above).                                                       applicable deposit insurance limit (currently
                                                                  $250,000). Under current deposit insurance rules the
(2) Overdraft protection plan accounts that permit more
                                                                  deposit broker is not required to provide information
    than six transfers per month (report in item 2(a) as
                                                                  routinely on these purchasers and their account own-
    noninterest-bearing balances).
                                                                  ership capacity to the depository institution issuing
(3) Savings deposits subject to telephone or preautho-            the deposits. If this information is not readily avail-
    rized transfer (report in item 2(b) above), unless the        able to the issuing depository institution, these bro-
    depositor is not permitted or not authorized to make          kered certificates of deposit in $1,000 amounts

HC-E-6                                                                                                            FR Y-9C
                                                                                                 Schedule HC-E   June 2010
Schedule HC-E



    should be reported in this item as time deposits of       bank holding company. Remaining maturity is the amount
    less than $100,000.                                       of time remaining from the report date until the final
                                                              contractual maturity of a brokered deposit. Include in this
Exclude from this item all time deposits with balances of
                                                              item time deposits issued to deposit brokers in the form
$100,000 or more (report in item 2(e) below).
                                                              of large ($100,000 or more) certificates of deposit that
Line Item 2(e)     Time deposits of $100,000 or more.         have been participated out by the broker in shares of less
                                                              than $100,000. Also report in this item all brokered
Report in this item all time deposits, including time         demand and savings deposits with balances of less than
certificates of deposit and open-account time deposits         $100,000. See the Glossary entries for ‘‘Brokered depos-
with balances of $100,000 or more, regardless of nego-        its’’ and ‘‘Brokered retail deposits’’ for additional
tiability or transferability that are held in depository      information.
institutions (other than commercial banks) that are sub-
sidiaries of the reporting bank holding company.              Line Item M2 Brokered deposits less than
Include the following:                                        $100,000 with a remaining maturity of more than
                                                              one year.
(1) Time deposits (as defined in the Glossary entry for
    ‘‘deposits’’), which are deposits with original maturi-   Report in this item those brokered time deposits included
    ties of seven days or more, that are not classified as     in items 1 or 2 above with balances of less than $100,000
    transaction accounts and that have balances of            with a remaining maturity of more than one year and are
    $100,000 or more.                                         held in domestic offices of commercial banks or other
                                                              depository institutions that are subsidiaries of the report-
(2) Interest paid by crediting nontransaction time deposit    ing bank holding company. Remaining maturity is the
    accounts with balances of $100,000 or more.               amount of time remaining from the report date until the
Exclude the following:                                        final contractual maturity of a brokered deposit. Include
                                                              in this item time deposits issued to deposit brokers in the
(1) All time deposits issued to deposit brokers in the        form of large ($100,000 or more) certificates of deposit
    form of large ($100,000 or more) certificates of           that have been participated out by the broker in shares of
    deposit that have been participated out by the broker     less than $100,000. See the Glossary entries for ‘‘Bro-
    in shares of less than $100,000 (report in item 2(d)).    kered deposits’’ and ‘‘Brokered retail deposits’’ for addi-
(2) All time deposits with balances of less than $100,000     tional information.
    (report in item 2(d)),
                                                              Line Item M3 Time deposits of $100,000 or more
NOTE: Bank holding companies should include as time           with a remaining maturity of one year or less.
deposits held in their depository institution subsidiaries
(other than commercial banks) with balances of $100,000       Report in this item time deposits included in items 1(e)
or more, those time deposits originally issued in denomi-     and 2(e) above that are issued in denominations of
nations of less than $100,000 but that, because of interest   $100,000 or more with a remaining maturity of one year
paid or credited, or because of additional deposits, now      or less. Remaining maturity is the amount of time
have a balance of $100,000 or more.                           remaining from the report date until the final contractual
                                                              maturity of a time deposit. Exclude from this item time
                                                              deposits issued to deposit brokers in the form of large
Memoranda                                                     ($100,000 or more) certificates of deposit that have been
Line Item M1 Brokered deposits less than                      participated out by the broker in shares of less than
$100,000 with a remaining maturity of one year or             $100,000.
less.
                                                              Line Item M4 Foreign office time deposits with a
Report in this item those brokered time deposits included
                                                              remaining maturity of one year or less.
in items 1 or 2 above with balances of less than $100,000
with a remaining maturity of one year or less and are held    Report all time deposits in foreign offices with remaining
in domestic offices of commercial banks or other deposi-      maturities of one year or less. Remaining maturity is the
tory institutions that are subsidiaries of the reporting      amount of time remaining from the report date until the

FR Y-9C                                                                                                           HC-E-7
Schedule HC-E   March 2010
Schedule HC-E



final contractual maturity of a time deposit. The time
deposits included in this item will also have been
included in Schedule HC, item 13(b).




HC-E-8                                                                       FR Y-9C
                                                        Schedule HC-E   December 2009
LINE ITEM INSTRUCTIONS FOR

Other Assets
Schedule HC-F




General Instructions                                             Line Item 3 Interest-only strips receivable (not in
                                                                 the form of a security) on:
Complete this schedule for the fully consolidated bank
holding company. Eliminate all intercompany balances             As defined in ASC Topic 860, Transfers and Servicing
between offices, subsidiaries, and other entities included       (formerly FASB Statement No. 140, Accounting for
in the scope of the consolidated bank holding company.           Transfers and Servicing of Financial Assets and Extin-
                                                                 guishments of Liabilities, as amended), an interest-only
                                                                 strip receivable is the contractual right to receive some or
Line Item 1      Accrued interest receivable.
                                                                 all of the interest due on a bond, mortgage loan, collater-
Report the amount of interest earned or accrued on               alized mortgage obligation, or other interest-bearing
earning assets and applicable to current or prior periods        financial asset. This includes, for example, contractual
that has not yet been collected. Accrued interest on             rights to future interest cash flows that exceed contractu-
securities purchased may be reported in this item, or in         ally specified servicing fees on financial assets that have
item 6 below, if accounted for separately from ‘‘accrued         been sold. Report in the appropriate subitem interest-only
interest receivable’’ in the bank holding company’s              strips receivable not in the form of a security that are
records.                                                         measured at fair value like available-for-sale securities.1
                                                                 Report unrealized gains (losses) on these interest-only
Exclude retained interest in accrued interest receivable
                                                                 strips receivable in Schedule HC, item 26(b), ‘‘Accumu-
related to securitized credit cards (report in Schedule
                                                                 lated other comprehensive income.’’
HC-F, item 6).
                                                                 Exclude from this item interest-only strips receivable in
Line Item 2      Net deferred tax assets.                        the form of a security, which should be reported as
                                                                 available-for-sale securities in Schedule HC, item 2(b),
Report the net amount after offsetting deferred tax assets       or as trading assets in Schedule HC, item 5, as appropri-
(net of valuation allowance) and deferred tax liabilities        ate. Also exclude interest-only strips not in the form of
measured at the report date for a particular tax jurisdic-       a security that are held for trading, which should be
tion if the net result is a debit balance. If the result for a   reported in Schedule HC, item 5.
particular tax jurisdiction is a net credit balance, report
the amount in Schedule HC-G, item 2, ‘‘Net deferred tax          Line Item 3(a)           Mortgage loans.
liabilities.’’ If the result for each tax jurisdiction is a      Report the fair value of interest-only strips receivable
net credit balance, enter a zero or the word ‘‘none’’ in this    (not in the form of a security) on mortgage loans.
item. (A bank holding company may report a net deferred
tax debit, or asset, for one tax jurisdiction, such as for       Line Item 3(b)           Other financial assets.
federal income tax purposes, and also report at the same         Report the fair value of interest-only strips receivable
time a net deferred tax credit, or liability, for another tax    (not in the form of a security) on financial assets other
jurisdiction, such as for state or local income tax pur-         than mortgage loans.
poses.)
                                                                    1. An interest-only strip receivable is not in the form of a security if the
For further information on calculating deferred taxes for        strip does not meet the definition of a security in ASC Topic 320,
different tax jurisdictions, see the Glossary entry for          Investments-Debt and Equity Securities (formerly FASB Statement No.
‘‘income taxes.’’                                                115, Accounting for Certain Investments in Debt and Equity Securities).


FR Y-9C                                                                                                                              HC-F-1
Schedule HC-F   June 2011
Schedule HC-F



Line Item 4 Equity securities that do not have                    company (report in Schedule HC, item 6), other real
readily determinable fair values.                                 estate owned (report in Schedule HC, item 7), or
                                                                  investments in real estate ventures (report in Sched-
Report the historical cost of equity securities without           ule HC, item 9), provided that the fair value of any
readily determinable fair values. These equity securities         capital stock representing the minority interest is not
are outside the scope of ASC Topic 320, Investments-              readily determinable. (See the Glossary entry for
Debt and Equity Securities (formerly FASB Statement               ‘‘subsidiaries’’ for the definition of associated com-
No. 115, Accounting for Certain Investments in Debt and           pany.)
Equity Securities). An equity security does not have a
readily determinable fair value if sales or bid-and-asked     (7) Equity holdings in those corporate ventures over
quotations are not currently available on a securities            which the reporting bank does not exercise signifi-
exchange registered with the Securities and Exchange              cant influence, except equity holdings that indirectly
Commission (SEC) and are not publicly reported by the             represent premises of the bank holding company
National Association of Securities Dealers Automated              (report in Schedule HC, item 6), other real estate
Quotations systems or the National Quotation Bureau.              owned (report in Schedule HC, item 7), or invest-
The fair value of an equity security traded only in a             ments in real estate ventures (report in Schedule HC,
foreign market is not of a breadth and scope comparable           item 9). (See the Glossary entry for ‘‘subsidiaries’’
to one of the U.S. markets referenced above.                      for the definition of corporate joint venture.)
                                                              Exclude from this item:
Equity securities that do not have readily determinable
fair values may have been purchased by the reporting          (1) Investments in subsidiaries that have not been con-
bank holding company or acquired for debts previously             solidated; associated companies; corporate joint ven-
contracted.                                                       tures, unincorporated joint ventures, and general
                                                                  partnerships over which the bank holding company
Include in this item:                                             exercises significant influence; and noncontrolling
(1) Paid-in stock of a Federal Reserve Bank.                      investments in certain limited partnerships and lim-
                                                                  ited liability companies (described in the Glossary
(2) Common and preferred stocks that do not have                  entry for ‘‘equity method of accounting’’) (report in
    readily determinable fair values, such as stock of            Schedule HC, item 8, ‘‘Investments in unconsoli-
    bankers’ banks and Class B voting common stock of             dated subsidiaries and associated companies,’’ or
    the Federal Agricultural Mortgage Corporation                 item 9, ‘‘Direct and indirect investments in real estate
    (Farmer Mac).                                                 ventures,’’ as appropriate).
(3) Stock of a Federal Home Loan Bank.                        (2) Preferred stock that by its terms either must be
(4) ‘‘Restricted stock,’’ as defined in ASC Topic 320,             redeemed by the issuing enterprise or is redeemable
    i.e., equity securities for which sale is restricted by       at the option of the investor (report in Sched-
    governmental or contractual requirement (other than           ule HC-B, item 6, ‘‘Other debt securities’’).
    in connection with being pledged as collateral),
    except if that requirement terminates within one year     Line Item 5    Life insurance assets.
    or if the holder has the power by contract or other-      Report in the appropriate subitem the amount of the bank
    wise to cause the requirement to be met within one        holding company’s general account, separate account,
    year.                                                     and hybrid account holdings of life insurance that could
                                                              be realized under the insurance contracts as of the report
(5) Participation certificates issued by a Federal Interme-
                                                              date. In general, this amount is the cash surrender value
    diate Credit Bank, which represent nonvoting stock
                                                              reported to the bank holding company by the insurance
    of the bank.
                                                              carrier, less any applicable surrender charges not reflected
(6) Minority interests held by the reporting bank holding     by the carrier in the reported cash surrender value, on all
    company in any company not meeting the definition          forms of permanent life insurance policies owned by the
    of associated company, except minority holdings that      bank holding company, its consolidated subsidiaries, and
    indirectly represent premises of the bank holding         grantor (rabbi) trusts established by the bank holding

HC-F-2                                                                                                             FR Y-9C
                                                                                                  Schedule HC-F   June 2011
Schedule HC-F



company or its consolidated subsidiaries, regardless of         accounts are often maintained as separate accounting and
the purposes for acquiring the insurance. A bank holding        reporting entities for pension plans as well as fixed
company should also consider any additional amounts             benefit, variable annuity, and other products. Investment
included in the contractual terms of the insurance policy       income and investment gains and losses generally accrue
in determining the amount that could be realized under          directly to such policyholders and are not accounted for
the insurance contract. For further information, see the        on the general accounts of the insurer. On the books of
Glossary entry for ‘‘bank-owned life insurance.’’               the insurer, the carrying values of separate account assets
Permanent life insurance refers to whole and universal          and liabilities usually approximate each other with little
life insurance, including variable universal life insurance.    associated capital. Because they are legally segregated,
Purposes for which insurance may be acquired include            the assets of each separate account are not subject to
offsetting pre- and post-retirement costs for employee          claims on the insurer that arise out of any other business
compensation and benefit plans, protecting against the           of the insurance company.
loss of key persons, and providing retirement and death
benefits to employees.
                                                                Line Item 5(c)     Hybrid account life insurance
Include as life insurance assets the bank holding com-          assets.
pany’s interest in insurance policies under split-dollar life
insurance arrangements with directors, officers, and            Report the amount of the bank holding company’s hold-
employees under both the endorsement and collateral             ings of life insurance assets associated with hybrid
assignment methods.                                             account insurance policies. A hybrid account insurance
                                                                policy combines features of both general and separate
Line Item 5(a)      General account life insurance              account insurance products. Similar to a general account
assets.                                                         life insurance policy, the general assets of the insurance
Report the amount of the bank holding company’s hold-           company issuing the policy support the policy’s cash
ings of life insurance assets associated with general           surrender value. However, like a separate account policy,
account insurance policies. In a general account life           the assets of a hybrid account assets are protected from
insurance policy, the general assets of the insurance           claims on the insurer. Additionally, the bank holding
company issuing the policy support the policy’s cash            company holding the hybrid account life insurance policy
surrender value.                                                is able to select the investment strategy in which the
                                                                insurance premiums are invested. Hybrid policies do not
Also include the portion of the carrying value of separate      offer stable value protection, but generally offer a guaran-
account policies that represents general account claims         teed minimum crediting rate.
on the insurance company, such as realizable deferred
acquisition costs and mortality reserves.
                                                                Line Item 6     Other.
Line Item 5(b) Separate account life insurance
assets.                                                         Report the amount of all other assets (other than those
                                                                reported in Schedule HC-F, items 1, 2, 3, 4, and 5 above)
Report the amount of the bank holding company’s hold-           which cannot properly be reported in Schedule HC,
ings of life insurance assets associated with separate          items 1 through 10.
account insurance policies. In a separate account policy,
the policy’s cash surrender value is supported by assets        Include as all other assets:
segregated from the general assets of the insurance
carrier. Under such an arrangement, the policyholder             (1) Prepaid expenses i.e., those applicable as a charge
neither owns the underlying separate account created by              against earnings in future periods, including pre-
the insurance carrier on its behalf nor controls investment          paid deposit insurance assessments.
decisions in the underlying account, but does assume all         (2) Cost of issuing subordinated notes and debentures
investment and price risk.                                           and the cost of issuing notes payable to unconsoli-
Separate accounts are employed by life insurers to meet              dated special purpose entities that issue trust pre-
specific investment objectives of policyholders. The                  ferred securities, net of accumulated amortization.

FR Y-9C                                                                                                             HC-F-3
Schedule HC-F   June 2011
Schedule HC-F



 (3) Automobiles, boats, equipment, appliances, and                that have not yet matured should be reduced only
     similar personal property repossessed or otherwise            when: (a) the customer anticipates its liability to the
     acquired for debts previously contracted.                     reporting bank holding company on an outstanding
                                                                   acceptance by making a payment to the bank
 (4) Derivative instruments that have a positive fair
                                                                   holding company in advance of the acceptance’s
     value that the bank holding company holds for
                                                                   maturity that immediately reduces the customer’s
     purposes other than trading. For further informa-
                                                                   indebtedness to the bank holding company on such
     tion, see Glossary entry for ‘‘derivative contracts.’’
                                                                   an acceptance; or (b) the reporting bank holding
 (5) Accrued interest on securities purchased (if                  company acquires and holds its own acceptance.
     accounted for separately from ‘‘accrued interest              See the Glossary entry for ‘‘bankers acceptances’’
     receivable’’ in the bank holding company’s records).          for further information.
 (6) Cash items not conforming to the definition of            (13) Furniture and equipment rented to others under
     ‘‘Cash items in process of collection’’ found in the          operating leases, net of accumulated depreciation.
     instruction to Schedule HC, item 1(a).                   (14) Ground rents.
 (7) Credit or debit card sales slips in process of collec-   (15) Customers’ liability for deferred payment letters of
     tion until the reporting bank holding company has             credit.
     been notified that it has been given credit (report
                                                              (16) Reinsurance recoverables of insurance subsidiaries
     thereafter in Schedule HC, item 1(a), ‘‘Noninterest-
                                                                   from unaffiliated reinsurers only. (Also report, as
     bearing balances and currency and coin’’).
                                                                   appropriate, in Schedule HC-I).
 (8) Purchased computer software, net of accumulated          (17) ‘‘Separate account assets’’ of insurance subsidi-
     amortization, and unamortized costs of computer               aries. (Also report, as appropriate, in Schedule
     software to be sold, leased, or otherwise marketed            HC-I).
     capitalized in accordance with the provisions of
     ASC Subtopic 985-20, Software – Costs of Soft-           (18) The positive fair value of unused loan commit-
     ware to Be Sold, Leased or Marketed (formerly                 ments (not accounted for as derivatives) that the
     FASB Statement No. 86, Accounting for the Cost of             bank holding company has elected to report at fair
     Computer Software to be Sold, Leased, or Other-               value under a fair value option.
     wise Marketed).                                          (19) Retained interests in accrued interest receivable
 (9) Bullion (e.g., gold or silver) not held for trading           related to securitized credit cards. For further infor-
     purposes.                                                     mation, see the Glossary entry for ‘‘accrued interest
                                                                   receivable related to credit card securitizations.’’
(10) Original art objects, including paintings, antique
                                                              (20) Indemnification assets arising from loss-sharing
     objects, and similar valuable decorative articles
                                                                   agreements with the FDIC covering specified assets
     (report at cost unless there has been a decline in
                                                                   acquired from failed insured depository institutions
     value, judged to be other than temporary, in which
                                                                   or otherwise purchased from the FDIC. (Exclude
     case the object should be written down to its fair
                                                                   the assets covered by FDIC loss-sharing agree-
     value).
                                                                   ments from this component of ‘‘Other’’ assets.
(11) Securities or other assets held in charitable trusts          Report each covered asset in the balance sheet
     (e.g., Clifford Trusts).                                      category appropriated to the asset on Schedule HC,
                                                                   e.g., report covered held-for-investment loans in
(12) The full amount (with the exceptions noted below)             Schedule HC, item 4(b), ‘‘Loans and leases, net of
     of customers’ liability to the reporting bank holding         unearned income.’’)
     company on drafts and bills of exchange that have
     been accepted by the reporting bank holding com-         Exclude from all other assets:
     pany, or by others for its account, and are outstand-    (1) Redeemed U.S. savings bonds and food stamps
     ing. The amount of customers’ liability to the               (report in Schedule HC, item 1(a), ‘‘Noninterest-
     reporting bank holding company on its acceptances            bearing balances and currency and coin’’).

HC-F-4                                                                                                             FR Y-9C
                                                                                                  Schedule HC-F   June 2011
Schedule HC-F



(2) Real estate owned or leasehold improvements to                physical possession of the collateral, regardless of
    property intended for future use as premises of the           whether formal foreclosure proceedings have been
    bank holding company (report in Schedule HC,                  instituted against the borrower (report as ‘‘All other
    item 6, ‘‘Premises and fixed assets’’).                        real estate owned’’ in Schedule HC-M, item 13(b)).
(3) Accounts identified as ‘‘building accounts,’’ ‘‘con-        (5) Due bills representing purchases of securities or
    struction accounts,’’ or ‘‘remodeling accounts’’ (report       other assets by the reporting bank that have not yet
    in Schedule HC, item 6, ‘‘Premises and fixed assets’’).         been delivered (report as loans in Schedule HC-C).
(4) Real estate acquired in any manner for debts previ-        (6) Factored accounts receivable (report as loans in
    ously contracted (including, but not limited to, real          Schedule HC-C).
    estate acquired through foreclosure and real estate
    acquired by deed in lieu of foreclosure), even if the
                                                               Line Item 7   Total.
    bank holding company has not yet received title to
    the property, and real estate collateral underlying a      Report the sum of items 1 through 6. This amount must
    loan when the bank holding company has obtained            equal Schedule HC, item 11, ‘‘Other assets.’’-




FR Y-9C                                                                                                         HC-F-5
Schedule HC-F   June 2011
LINE ITEM INSTRUCTIONS FOR

Other Liabilities
Schedule HC-G




General Instructions                                               income taxes, interest on nondeposit liabilities, and other
                                                                   expenses accrued through charges to expense during the
Complete this schedule for the fully consolidated bank             current or prior periods, but not yet paid or credited to a
holding company. Eliminate all intercompany balances               deposit account.
between offices, subsidiaries, and other entities included
in the scope of the consolidated bank holding company.             Include as all other liabilities:

Line Item 1      Not applicable.                                    (1) Accounts payable.

Line Item 2      Net deferred tax liabilities.                      (2) Deferred compensation liabilities.

Report the net amount after offsetting deferred tax assets          (3) Dividends declared but not yet payable—Include
(net of valuation allowance) and deferred tax liabilities               the amount of cash dividends declared on limited-
measured at the report date for a particular tax jurisdic-              life preferred, perpetual preferred, and common
tion if the net result is a credit balance. If the result for a         stock on or before the report date but not pay-
particular tax jurisdiction is a net debit balance, report the          able until after the report date. (Report dividend
amount in Schedule HC-F, item 2, ‘‘Net deferred tax                     checks outstanding as deposit liabilities in Sched-
assets.’’ If the result for each tax jurisdiction is a net debit        ule HC-E).
balance, enter a zero in this item. (A bank holding                 (4) Derivative instruments that have a negative fair
company may report a net deferred tax debit, or asset, for              value that the reporting bank holding company
one tax jurisdiction, such as for federal income tax                    holds for purposes other than trading. For further
purposes, and also report at the same time a net deferred               information, see Glossary entry for ‘‘derivative
tax credit, or liability, for another tax jurisdiction, such as         contracts.’’
for state or local income tax purposes.)
                                                                    (5) Deferred gains from sale–leaseback transactions.
For further information on calculating deferred taxes for
different tax jurisdictions, see the Glossary entry for             (6) Unamortized loan fees, other than those that repre-
‘‘income taxes.’’                                                       sent an adjustment of the interest yield, if material
                                                                        (refer to the Glossary entry for ‘‘loan fees’’ for
Line Item 3 Allowance for credit losses on                              further information).
off-balance sheet credit exposures.                                 (7) Bank holding company’s liability for deferred pay-
Report the amount of any allowance for credit losses on                 ment letters of credit.
off-balance sheet exposures established in accordance               (8) Recourse liability accounts arising from asset trans-
with generally accepted accounting principles.                          fers with recourse that are reported as sales.
Line Item 4      Other.                                             (9) Claims and claims adjustment expense reserves of
                                                                        insurance subsidiaries. (Also report, as appropriate,
Report the amount of all other liabilities (other than those
                                                                        in Schedule HC-I).
reported in Schedule HC-G, items 2 and 3 above) that
cannot properly be reported in Schedule HC, items 13               (10) Unearned premiums of insurance subsidiaries. (Also
through 19. Report the amount of interest on deposits,                  report, as appropriate, in Schedule HC-I).

FR Y-9C                                                                                                              HC-G-1
Schedule HC-G   March 2007
Schedule HC-G



(11) Policyholder benefits and contractholder funds of          (2) Notes payable to unconsolidated special purpose
     insurance subsidiaries. (Also report, as appropriate,         entities that issue trust preferred securities.
     on Schedule HC-I).                                       Exclude from all other liabilities (report in appropriate
(12) ‘‘Separate account liabilities’’ of insurance sub-       items of Schedule HC-E, Deposit Liabilities):
     sidiaries (Also report, as appropriate, in Sched-        (1) Proceeds from sales of U.S. savings bonds.
     ule HC-I).
                                                              (2) Withheld taxes, social security taxes, sales taxes, and
(13) The full amount (except as noted below) of the               similar items.
     liability represented by drafts and bills of exchange
                                                              (3) Mortgage and other escrow funds (e.g., funds received
     that have been accepted by the reporting bank
                                                                  for payment of taxes or insurance), sometimes de-
     holding company, or by others for its account, and
                                                                  scribed as mortgagors’ deposits or mortgage credit
     that are outstanding. The bank holding company’s
                                                                  balances.
     liability on acceptances executed and outstanding
     should be reduced prior to the maturity of such          (4) Undisbursed loan funds for which borrowers are
     acceptances only when the reporting bank holding             liable and on which they pay interest. The amounts of
     company acquires and holds its own acceptances,              such undisbursed funds should be included in both
     i.e., only when the acceptances are not outstanding.         loans and deposits.
     See the Glossary entry for ‘‘bankers acceptances’’       (5) Funds held as dealer reserves (see the Glossary entry
     for further information.                                     for ‘‘dealer reserve accounts’’ for the definition of
(14) Servicing liabilities.                                       this term).
                                                              (6) Payments collected by the bank holding company on
(15) The negative fair value of unused loan commit-
                                                                  loans secured by real estate and other loans serviced
     ments (not accounted for as derivatives) that the
                                                                  for others that have not yet been remitted to the
     bank holding company has elected to report at fair
                                                                  owners of the loans.
     value under a fair value option.
                                                              (7) Credit balances on credit cards and other revolving
Exclude from all other liabilities (report in Schedule HC,        credit plans as a result of customers’ overpayments.
item 19(b), ‘‘Subordinated notes payable to unconsoli-
dated trusts issuing trust preferred securities, and trust    Also exclude from all other liabilities due bills or similar
preferred securities issued by consolidated special pur-      instruments representing the bank holding company’s
pose entities’’):                                             receipt of payment and the bank holding company’s
                                                              liability on capital lease obligations (report in Sched-
 (1) Instruments generally referred to as trust preferred     ule HC, item 16, ‘‘Other borrowed money’’).
     securities that are issued out of consolidated special
     purpose entities. For further information, see the       Line Item 5     Total.
     Glossary entry for ‘‘Trust preferred securities          Report the sum of items 1 through 4. This amount must
     issued.’’                                                equal Schedule HC, item 20, ‘‘Other liabilities.’’




HC-G-2                                                                                                             FR Y-9C
                                                                                                  Schedule HC-G   June 2008
LINE INSTRUCTIONS FOR

Interest Sensitivity
Schedule HC-H




General Instructions                                           The assets and liabilities included in this schedule should
                                                               be reported without regard to the instruments’ repayment
Schedule HC-H requests information related to interest         schedules, by remaining maturity for transactions with
rate sensitivity.                                              fixed or predetermined rates, and by repricing frequency
Information for only selected assets and liabilities is        for transactions with floating or adjustable rates. (See
requested in this schedule. The schedule does not pro-         definitions of terms below.)
vide, nor is it intended to provide, a comprehensive view      Alternatively, the bank holding company may, at its
of the interest rate sensitivity position of the reporting     option:
bank holding company.
                                                               (1) continue to report its floating rate transactions by
The information reported on this schedule must be                  the earliest repricing opportunity if its records pro-
consolidated on the same basis as the rest of the Consoli-         vide repricing data on the length of time between the
dated Financial Statements for Bank Holding Compa-
                                                                   report date and the date the rate can next change; and
nies. However, bank holding companies that have foreign
subsidiaries or subsidiaries with more than one office          (2) continue to report its multipayment transactions on
in foreign countries (including offices of consolidated             the basis of the scheduled contractual payments if its
foreign subsidiaries but excluding ‘‘shell’’ branches,             records provide repricing data on the basis of these
excluding offices in Puerto Rico or U.S. territories and            scheduled contractual payments.
possessions, and excluding IBFs) have the option of
excluding the smallest of such non-U.S. offices from            However, the reporting bank holding company must
coverage in this schedule. Such bank holding companies         apply either the first procedure in reporting this schedule
may exclude the smallest of their offices in foreign            or the alternate procedure but it must apply one proce-
countries (other than ‘‘shell’’ branches) when arrayed         dure consistently for every transaction reported on this
by total assets provided that the assets of the excluded       schedule.
offices do not exceed 50 percent of the total assets of the
bank holding company’s offices (excluding ‘‘shells’’) in
foreign countries and do not exceed 10 percent of the          Definitions
total consolidated assets of the reporting bank holding
company as of the report date. (Note: In determining the       A fixed interest rate is a rate that is specified at the
total assets of offices in foreign countries eligible for       origination of the transaction, is fixed and invariable
exclusion from this schedule, bank holding companies           during the term of the instrument, and is known to both
should exclude not only ‘‘shell’’ branches but also offices     the borrower and the lender.
in Puerto Rico and U.S. territories and possessions,
domestic offices of Edge and Agreement subsidiaries,            A predetermined interest rate is a rate that changes
and IBFs even though these are sometimes referred to as        during the term of the instrument on a predetermined
‘‘foreign’’ offices. Also, the asset totals for all offices in   basis, with the exact rate of interest over the life of the
foreign countries should be the component of the total         instrument known with certainty to both the borrower
consolidated assets, i.e., should exclude all intracompany     and the lender when the instrument is acquired. Examples
transactions.)                                                 of predetermined-rate transactions are as follows:

FR Y-9C                                                                                                          HC-H-1
Schedule HC-H   March 2007
Schedule HC-H



(1) Loans that carry a specified interest rate, for, say, six   that are in nonaccrual status should be excluded from
    months and thereafter carry a rate equal to a specific      earning assets.
    percentage over the initial rate.
                                                               Exclude trading account assets and equity securities.
(2) Loans that carry a specified interest rate while the
    loan amount is below a certain threshold amount but        Report in this item the following:
    carry a different specified rate above that threshold
    (e.g., a line of credit where the interest rate is 14%     (1) Earning assets that have a fixed or predetermined
    when the unpaid balance of amounts advanced is                 interest rate and that have a remaining maturity of
    $100,000 or less, and 12% when the unpaid balance              less than one year.
    is more than $100,000).                                        Note, however, bank holding companies with multi-
A floating or adjustable interest rate is a rate that varies,       payment fixed rate earning assets may continue to
or can vary, in relation to an index, to some other interest       report the dollar amount of scheduled contractual
rate, such as the rate on certain U.S. government securi-          payments that are to be repaid in less than one year in
ties or the bank’s ‘‘prime rate,’’ or to some other variable       this item even though the remaining maturity of the
criterion the exact value of which cannot be known in              assets is one year or more provided all multipayment
advance. Therefore, the exact rate the instrument carries          transactions are reported in this manner. (See general
at any subsequent time cannot be known at the time of              instructions for this schedule.)
origination. If the interest rate can float or be adjusted      (2) Earning assets that have a floating or variable rate
daily, the rate is considered immediately adjustable, even         contract that permits the interest rate on the asset to
if the rate is not, in fact, changed.                              change more often than once a year, i.e., has a
For purposes of this schedule, when the rate on an                 repricing frequency of less than one year (even
instrument with a floating or adjustable rate can no longer         though the remaining maturity on the assets may be
float because it has reached a floor or ceiling level, the           one year or more).
instrument is to be treated as ‘‘fixed rate’’ rather than as        Note, however, bank holding companies whose
‘‘floating rate’’ until the rate is again free to float.             records provide repricing data on the length of time
Remaining maturity is the amount of time remaining                 between the report date and the date the rate can next
from the report date until the final contractual maturity of        change (i.e., by earliest repricing opportunity) may
the instrument without regard to the instruments repay-            continue to report in this item the dollar amount of
ment schedule, if any.                                             floating rate earning assets with an earliest repricing
                                                                   opportunity of less than one year, even though the
Repricing frequency is how often the contract permits the          repricing frequency is one year or more, provided
interest rate on an instrument to be changed (e.g., daily,         all floating rate transactions are reported on this
monthly, quarterly, semiannually, annually) without re-            schedule in this manner. If a bank holding company
gard to the length of time between the report date and the         chooses to report its floating rate earning assets by
date the rate can next change.                                     the earliest repricing opportunity, it should report in
                                                                   this item the dollar amount of the contractual pay-
Line Item 1 Earning assets that are repriceable                    ments on its multipayment floating rate earning
within one year or mature within one year.                         assets that are scheduled to be repaid within one year
                                                                   even if the earliest repricing opportunity and the
Report all assets that the consolidated bank holding               repricing frequency is one year or more. (See general
company considers earning assets that have a remaining             instructions for this schedule.)
maturity of less than one year or where the repricing
frequency is less than one year.                               Included in this item, if the repricing frequency or
                                                               remaining maturity are less than one year, are the
Earning assets generally include interest-bearing bal-         following:
ances due from depository institutions, securities, federal
funds sold and securities purchased under agreements to         (1) Leases, net of unearned income, as fixed rate
resell, and loans and leases. Assets in these categories            instruments.

HC-H-2                                                                                                             FR Y-9C
                                                                                                 Schedule HC-H   March 2007
Schedule HC-H



      Note, however, bank holding companies may con-           (9) Debt securities, without regard to their call date
      tinue to report the change in the book value of the          unless the security has actually been called. When
      lease payments that are to be repaid in less than one        fixed rate debt securities have been called, they
      year, net of unearned income provided they are               should be reported on the basis of the time remain-
      reporting on this schedule using the alternate pro-          ing until the call date.
      cedure described in the general instructions to this
                                                              (10) Mortgage pass-through certificates (such as those
      schedule. Any estimated residual value included in
                                                                   issued by the Government National Mortgage
      the net book value should be reported if the final
                                                                   Association (GNMA), the Federal Home Loan
      lease payment is scheduled to be made in less than
                                                                   Mortgage Corporation (FHLMC), certain banks
      one year.
                                                                   and savings and loan associations, and securities
 (2) All demand loans made solely on a demand basis                dealers) and all Small Business Administration
     (i.e., without an alternate maturity date or without          (SBA) ‘‘Guaranteed Loan Pool Certificates.’’
     repayment terms).
                                                              (11) Fixed rate collateralized mortgage obligations
 (3) Demand loans that have an alternate maturity date             (CMOs) and similar instruments on the basis of the
     or repayment terms, as fixed or floating rate instru-           time remaining until the stated final maturity of the
     ments, on the basis of the alternate maturity date.           instrument, not the projected final maturity or
                                                                   weighted average life of the instrument.
 (4) Credit cards and related plans with floating or
     adjustable rates (e.g., where the rate varies, or can    (12) Debt securities that provide the consolidated bank
     vary, each billing cycle). Where the bank holding             holding company with the option to redeem them at
     company in its contract with the borrower simply              one or more specified dates prior to their contrac-
     reserves the right to change the interest rate on a           tual maturity date, so-called ‘‘put bonds,’’ on the
     credit card or related plan, the plan should not be           basis of earliest ‘‘put’’ date for bonds.
     considered to have a floating or adjustable rate.
                                                              (13) Zero coupon debt securities, as fixed rate debt
      Credit cards and related plans with fixed or prede-           securities.
      termined rates are to be excluded from this item.
                                                              Line Item 2 Interest-bearing deposit liabilities that
 (5) Amortizing fixed rate mortgage loans that implic-         reprice within one year or mature within one year.
     itly permit rate adjustments by having the note
     mature at the end of an interval shorter than the        Report in this item all interest-bearing deposit liabilities
     term of the amortization schedule unless the hold-       that have a time remaining to maturity of less than one
     ing company made no promise to refinance the              year and any other interest-bearing deposit liabilities that
     loan, as a floating rate instrument.                      have a repricing frequency of less than one year (regard-
                                                              less of the remaining maturity), without regard to sched-
 (6) Student loans whose interest rate is adjusted peri-      uled contractual payments on deposits with multiple
     odically by the U.S. government by means of              maturities. The amount reported in this item should
     interest payments that include an amount of ‘‘addi-      be included in Schedule HC, item 13(a)(2), ‘‘Interest-
     tional interest,’’ as floating rate instruments.          bearing deposits in domestic offices,’’ and item 13(b)(2),
 (7) Loans secured by real estate that are held by the        ‘‘Interest-bearing deposits in foreign offices, Edge and
     holding company or its subsidiaries for sale and         agreement subsidiaries, and IBFs.’’
     delivery to the Federal National Mortgage Associa-       Do not report deposits in domestic offices classified as
     tion or other secondary market participants under        demand or savings accounts (including money market
     the terms of a binding commitment, on the basis of       deposit accounts and all NOW accounts).
     the delivery date specified in the commitment.
                                                              Note, however, bank holding companies choosing to
 (8) Floating rate loans on which the borrower has the        continue to report their multi-maturity deposits on the
     option at each repricing date to choose the next         basis of their scheduled contractual payments and their
     repricing date, in accordance with the repricing         floating rate deposits by earliest repricing opportunity
     option currently in effect as of the report date.        should report in this item the following:

FR Y-9C                                                                                                          HC-H-3
Schedule HC-H   March 2007
Schedule HC-H



(1) the dollar amount of floating or variable rate deposits         scheduled to be repaid within one year. If the multi-
    that can be repriced in less than one year even if few,        payment debt has some contractual payments sched-
    if any, of the contractual payments are scheduled to           uled to be repaid within one year, but cannot be
    be repaid within one year. If the deposits have                repriced for one year or more, include the dollar
    multiple maturities and have some contractual pay-             amount of the contractual payments to be repaid
    ments scheduled to be repaid within one year, but              within one year. (See general instructions for this
    cannot be repriced for one year or more, include the           schedule.)
    dollar amount of the contractual payments to be
    repaid within one year. (See general instructions for      (2) the dollar amount of the scheduled contractual pay-
    this schedule.)                                                ments that are to be repaid in less than one year if the
                                                                   long-term debt has fixed or predetermined rates. (See
(2) the dollar amount of the scheduled contractual pay-            general instructions for this schedule.)
    ments that are to be repaid in less than one year if the
    deposits have fixed or predetermined rates. (See            Exclude from this item commercial paper, demand notes
    general instructions for this schedule.)                   issued to the U.S. Treasury, and other borrowings that
                                                               had a remaining maturity of one year or less, mortgage
Line Item 3 Long-term debt with a remaining                    indebtedness and obligations under capitalized leases
maturity of more than one year but reprices                    with a remaining maturity of more than one year that is
within one year included in items 16 and 19(a) on              reported in Schedule HC, item 16, and limited-life pre-
Schedule HC, Balance Sheet.                                    ferred stock reported in Schedule HC, item 19(a).
Report debt issued by the consolidated bank holding
company that has a remaining maturity of more than one         Line Item 4 Variable rate preferred stock
year but that has a repricing frequency of less than a year.   (includes both limited-life and perpetual preferred
Include as long-term debt the following:                       stock).
(1) Other borrowed money with a remaining maturity of          Report the total amount outstanding of both limited-life
    more than one year reported in Schedule HC, item 16        (reported in Schedule HC, item 19(a)), and perpetual
    (excluding mortgage indebtedness and obligations           preferred stock that has a floating or adjustable rate (as
    under capitalized leases reported on Schedule HC,          defined above).
    item 16);
                                                               (See the Glossary entry for ‘‘preferred stock,’’ for a
(2) Mandatory convertible securities (included in Sched-       definition of limited-life or perpetual preferred stock.)
    ule HC, item 19(a)); and
(3) Subordinated notes and debentures reported in Sched-
                                                               Line Item 5 Long-term debt reported in
    ule HC, item 19(a) (excluding limited-life preferred
                                                               Schedule HC, item 19(a) on the Balance Sheet that
    stock and related surplus reported in Schedule HC,
                                                               is scheduled to mature within one year.
    item 19(a)).
Note, however, bank holding companies choosing to              Report all debt issued by the consolidated bank holding
continue to report their long-term debt that can be repaid     company and reported in Schedule HC, item 19(a),
in more than one payment on the basis of their scheduled       ‘‘Subordinated notes and debentures,’’ that is scheduled
contractual payments and their floating rate long-term          to mature within one year, regardless whether the debt
debt by earliest repricing opportunity should report the       has fixed or floating rates.
following in this item:
                                                               Include in this item the amount of such debt issued by the
(1) the dollar amount of floating or variable rate long-        consolidated bank holding company that is redeemable at
    term debt that can be repriced in less than one year       the option of the holder within one year, even when the
    even if few, if any, of the contractual payments are       debt is scheduled to mature in more than one year.




HC-H-4                                                                                                              FR Y-9C
                                                                                                  Schedule HC-H   March 2007
LINE ITEM INSTRUCTIONS FOR

Insurance-Related Underwriting Activities
(Including Reinsurance)
Schedule HC-I



General Instructions                                           Line Item 1     Reinsurance recoverables.
Schedule HC-I, Insurance-Related Underwriting Activi-          Report reinsurance recoverables from unaffiliated prop-
ties (Including Reinsurance), must be submitted by all         erty casualty reinsurers only.
bank holding companies on a consolidated basis. Report
all items in this schedule in accordance with generally        Line item 2     Total assets.
accepted accounting principles (GAAP). Include all             Report the amount of total consolidated assets that are
insurance enterprises subject to FAS 60.                       specific to property casualty insurance underwriting
                                                               activities of the bank holding company. Include in total
The term ‘‘subsidiary,’’ as defined in Section 225.2 of
                                                               assets the assets of all legal entities that are considered to
Federal Reserve Regulation Y, generally includes compa-
                                                               be an integral part of the company’s property casualty
nies that are 25 percent or more owned or controlled by
                                                               insurance underwriting activities.
another company. However, for purposes of reporting
‘‘Total Assets’’ in part I, item 2 and part II, item 3, only
include the consolidated assets of those insurance under-      Liabilities
writing and reinsurance subsidiaries that are consolidated     Line item 3     Claims and claims adjustment expense
for financial reporting purposes under GAAP and the net         reserves.
investments in unconsolidated subsidiaries and associ-
ated companies that are accounted for under the equity         Report the liability for unpaid claims and claims adjust-
method of accounting. For purposes of reporting ‘‘Total        ment expense reserves, which represents the estimated
Equity’’ in part I, item 5 and part II, item 6, include the    ultimate cost of settling claims, net of estimated recover-
equity of subsidiaries that are fully consolidated under       ies, and including all costs expected to be incurred in
GAAP. In addition, ‘‘Net Income’’ in part I, item 6 and        connection with the settlement of unpaid claims. Such
Part II, item 7, should include the net income of subsidi-     costs are accrued when an insured event occurs.
aries that are consolidated under GAAP and the reporting
bank holding company’s proportionate share of the net          Line item 4     Unearned premiums.
income of unconsolidated subsidiaries and associated           Report the reserve for unearned premiums. Unearned
companies that are accounted for under the equity method       premiums represent the policy premiums associated with
of accounting.                                                 the unexpired portion of the term of coverage.
See the Glossary entries for additional information on the     Line item 5     Total equity.
following terms: (1) Contractholder, (2) Insurance Com-
missions, (3) Insurance Underwriting, (4) Policyholder,        Report the total equity capital of property casualty under-
(5) Insurance Premiums, (6) Reinsurance, (7) Reinsur-          writing subsidiaries that are consolidated under GAAP.
ance Recoverables, and (8) Separate Accounts.
                                                               Line item 6     Net income.
                                                               Report the consolidated net income attributable to prop-
Part I.         Property and Casualty                          erty casualty insurance underwriting related activities of
                                                               the bank holding company. Include the net income of all
Assets                                                         legal entities that are considered to be an integral part of

FR Y-9C                                                                                                              HC-I-1
Schedule HC-I    March 2007
Schedule HC-I



the bank holding company’s property and casualty insur-         Liabilities
ance underwriting activities.
                                                                Line item 4 Policyholder benefits and
                                                                contractholder funds.
Part II.      Life and Health                                   Report the liability for future policy benefits, which
                                                                represents the present value of future policy benefits to
Assets                                                          be paid to or on behalf of policyholders and related
                                                                expenses less the present value of future net premiums.
Line Item 1     Reinsurance recoverables.
                                                                Also include contractholder funds that represent receipts
Report reinsurance recoverables from unaffiliated life           from the issuance of universal life, corporate owned life
and health reinsurers only.                                     insurance, pension investment and certain deferred annu-
                                                                ity contracts.
Line item 2     Separate account assets.                        Line item 5    Separate account liabilities.
Report all assets qualifying for separate account sum-          Report all liabilities qualifying for separate account
mary total presentation in the insurer’s balance sheet.         summary presentation in the insurer’s balance sheet.
Include assets related to products in which the con-
tractholder and not the insurer retains all or most of the      Line item 6    Total equity.
investment and/or interest rate risk.                           Report the equity capital of life and health underwriting
                                                                subsidiaries that are consolidated under GAAP.
Line item 3     Total assets.                                   Line item 7    Net income.
Report the amount of total consolidated assets that are         Report the consolidated net income attributable to life
specific to life and health insurance underwriting activi-       and health insurance underwriting related activities of the
ties of the bank holding company. Include in total assets       bank holding company. Include the net income of all
the assets of all legal entities that are considered to be an   legal entities that are considered to be an integral part of
integral part of the company’s life and health insurance        the bank holding company’s life and health insurance
underwriting activities.                                        underwriting activities.




HC-I-2                                                                                                                FR Y-9C
                                                                                                    Schedule HC-I   March 2007
LINE ITEM INSTRUCTIONS FOR

Quarterly Averages
Schedule HC-K




General Instructions                                         Line Item 1(a) U.S. Treasury securities and U.S.
                                                             Government agency obligations (excluding
Report for the items on this schedule the average of the     mortgage-backed securities).
balances as of the close of business for each day for the
calendar quarter or an average of the balances as of the     Report the quarterly average of the amortized cost of the
close of business on each Wednesday during the calendar      bank holding company’s held-to-maturity and available-
quarter. For days that the bank holding company (or any      for-sale U.S. Treasury and Government agency obliga-
of its consolidated subsidiaries or branches) is closed      tions (as defined for Schedule HC-B, items 1 and 2,
(e.g., Saturdays, Sundays, or holidays), use the amount      columns A and C).
outstanding from the previous business day. An office is
considered closed if there are no transactions posted to     Line Item 1(b)    Mortgage-backed securities.
the general ledger as of that date.                          Report the quarterly average of the amortized cost of the
If the bank holding company entered into a business          bank holding company’s held-to-maturity and available-
combination that became effective during the calendar        for-sale mortgage-backed securities (as defined for Sched-
quarter and was accounted for under the acquisition          ule HC-B, item 4, columns A and C).
method, the quarterly averages should include amounts        Line Item 1(c)    All other securities.
for the acquired business from the date of its acquisition
through the end of the quarter only. If the bank holding     Report the quarterly average of the amortized cost of the
company entered into a reorganization that became effec-     bank holding company’s held-to-maturity and available-
tive during the calendar quarter and has been accounted      for-sale securities issued by states and political subdivi-
for at historical cost in a manner similar to a pooling of   sions in the U.S., asset-backed securities and structured
interests, the quarterly averages should include amounts     financial products, and other debt securities (as defined
for the business that was combined in the reorganization     for Schedule HC-B, items 3, 5, and 6, columns A and C)
from the beginning of the calendar quarter. For further      plus the quarterly average of the historical cost of
information on business combinations and reorganiza-         investments in mutual funds and other equity securities
tions, see the Glossary entry for ‘‘business combina-        with readily determinable fair values (as defined for
tions.’’                                                     Schedule HC-B, item 7, column C).
If the bank holding company began operating during the       Line Item 2 Federal funds sold and securities
calendar quarter, the quarterly averages for the bank        purchased under agreements to resell.
holding company should include only the dollar amounts
for the days (or Wednesdays) since the bank holding          Report the quarterly average for federal funds sold and
company began operating in the numerator and the             securities purchased under agreements to resell (as
number of days (or Wednesdays) since the bank holding        defined in Schedule HC, item 3).
company began operating in the denominator.
                                                             Line Item 3(a)    Total loans and leases in domestic
                                                             offices.
Assets
                                                             Report the quarterly average for all loans and leases, net
Line Item 1      Securities.                                 of unearned income, in domestic offices of the reporting

FR Y-9C                                                                                                        HC-K-1
Schedule HC-K   March 2011
Schedule HC-K



bank holding company (as defined for Schedule HC-C,            items 1 through 10, less item 11), held in the reporting
items 1 through 11, column B).                                bank holding company’s foreign offices, Edge and Agree-
                                                              ment subsidiaries, and IBFs.
Line Item 3(a)(1) Loans secured by 1-4 family
residential properties in domestic offices.
                                                              Line Item 4(a)     Trading assets.
Report the quarterly average for loans secured by 1-4
                                                              Report the quarterly average for the fully consolidated
family residential properties (in domestic offices) (as
                                                              bank holding company for trading assets (as defined for
defined for Schedule HC-C, item 1(c), column B).
                                                              Schedule HC, item 5). Trading assets include derivatives
Line Item 3(a)(2) All other loans secured by real             with positive fair values.
estate in domestic offices.
                                                              Line Item 4(b)     Other earning assets.
Report the quarterly average for all loans secured by real
estate, excluding those secured by 1-4 family residential     Report the quarterly average for those other assets that
properties (in domestic offices) (as defined for Schedule      the bank holding company considers earning assets.
HC-C, items 1(a), 1(b), 1(d), and 1(e), column B).
                                                              Line Item 5     Total consolidated assets.
Line Item 3(a)(3) Loans to finance agricultural
production and other loans to farmers.                        Report the quarterly average for the fully consolidated
                                                              bank holding company’s total assets (as defined for
Report the quarterly average for loans to finance agricul-
                                                              Schedule HC, item 12, ‘‘Total assets’’). When calculating
tural production and other loans to farmers in domestic
                                                              the quarterly average total consolidated assets for pur-
offices (as defined for Schedule HC-C, item 3, col-
                                                              poses of this schedule, reflect all debt securities (not held
umn B).
                                                              for trading) at amortized cost, available-for-sale equity
                                                              securities with readily determinable fair values at the
Line Item 3(a)(4) Commercial and industrial
                                                              lower of cost or fair value, and equity securities without
loans.
                                                              readily determinable fair values at historical cost. In
Report the quarterly average for commercial and indus-        addition, to the extent that net deferred tax assets included
trial loans (in domestic offices) (as defined for Schedule     in the bank holding company’s total assets, if any,
HC-C, item 4, column B).                                      include the deferred tax effects of any unrealized holding
                                                              gains and losses on available-for-sale debt securities,
Line Item 3(a)(5) Loans to individuals for                    these deferred tax effects may be excluded from the
household, family, and other personal expenditures.           determination of the quarterly average for total
Line Item 3(a)(5)(a)     Credit cards.                        consolidated assets. If these deferred tax effects are
                                                              excluded, this treatment must be followed consistently
Report the quarterly average for credit cards (in domestic    over time.
offices) (as defined for Schedule HC-C, item 6(a)).
                                                              This item is not the sum of items 1 through 4(b).
Line Item 3(a)(5)(b)    Other.
Report the quarterly average for all other loans (in          Liabilities
domestic offices) to individuals for household, family,
and other personal expenditures other than credit cards       Line Item 6     Interest-bearing deposits (domestic).
(as defined for Schedule HC-C, items 6(b), 6(c), and           Report the quarterly average for all interest-bearing
6(d)).                                                        deposits held in domestic offices of depository institu-
                                                              tions that are consolidated subsidiaries of the bank
Line Item 3(b) Total loans and leases in foreign
                                                              holding company or of its subsidiaries. Include all time
offices, Edge and Agreement subsidiaries, and IBFs.
                                                              and savings deposits in domestic offices (as defined for
Report the quarterly average for total loans and leases net   Schedule HC-E, items 1(b) through 1(e) and items 2(b)
of unearned income (as defined for Schedule HC-C,              through 2(e)).

HC-K-2                                                                                                             FR Y-9C
                                                                                                 Schedule HC-K   March 2011
Schedule HC-K



Line Item 7 Interest-bearing deposits (foreign).             Included are commercial paper and all other borrowed
Report the quarterly average for interest- bearing depos-    money regardless of maturity.
its in foreign offices of depository institutions that are
consolidated subsidiaries of the reporting bank holding
company, Edge and Agreement subsidiaries, and IBFs (as       Line Item 10     Not applicable.
defined for Schedule HC, item 13(b)(2), ‘‘Interest-
bearing’’).                                                  Line Item 11 Total equity capital (excludes
Line Item 8 Federal funds purchased and                      limited-life preferred stock).
securities sold under agreements to repurchase.
                                                             Report the quarterly average for the fully consolidated
Report the quarterly average for federal funds purchased     bank holding company’s total equity capital (as defined
and securities sold under agreements to repurchase (as
                                                             for Schedule HC, item 27(a)). For purposes of this
defined in Schedule HC, item 14).
                                                             schedule, include net unrealized losses on marketable
Line Item 9 All other borrowed money.                        equity securities, other net unrealized gains and losses on
Report the quarterly average for the fully consolidated      available-for-sale securities, and accumulated net gains
bank holding company’s other borrowed money (as              (losses) on cash flow hedges when calculating average
defined for Schedule HC, item 16).                            equity capital.




FR Y-9C                                                                                                        HC-K-3
Schedule HC-K   March 2011
LINE ITEM INSTRUCTIONS FOR

Derivatives and Off-Balance-Sheet Items
Schedule HC-L




General Instructions                                          (2) Commitments for which the bank holding company
                                                                  has charged a commitment fee or other consider-
Report on a fully consolidated basis the following                ation.
selected commitments, contingencies, and other off-
                                                              (3) Commitments that are legally binding.
balance sheet items. Exclude from this schedule contin-
gencies arising in connection with litigation. For those      (4) Loan proceeds that the bank holding company is
asset-backed commercial paper program conduits that the           obligated to advance, such as:
reporting bank holding company consolidates onto its
                                                                  (a) Loan draws;
balance sheet (Schedule HC) in accordance with ASC
Subtopic 810-10, Consolidation – Overall (formerly                (b) Construction progress payments; and
FASB Interpretation No. 46 (R), Consolidation of Vari-
                                                                  (c) Seasonal or living advances to farmers under
able Interest Entities, as amended by FASB Statement
                                                                      prearranged lines of credit.
No. 167, Amendments to FASB Interpretation No. 46(R)),
any credit enhancements and liquidity facilities the bank     (5) Rotating, revolving, and open-end credit arrange-
holding company provides to the programs should not be            ments, including, but not limited to, retail credit card
reported in Schedule HC-L. In contrast, for conduits that         lines and home equity lines of credit.
the reporting bank holding company does not consoli-          (6) Commitments to issue a commitment at some point
date, the bank holding company should report the credit           in the future, where the bank holding company has
enhancements and liquidity facilities it provides to the          extended terms, the borrower has accepted the offered
programs in the appropriate items of Schedule HC-L.               terms, and the extension and acceptance of the terms
                                                                  are in writing or, if not in writing, are legally binding
Line Item 1      Unused commitments.                              on the bank holding company and the borrower, even
                                                                  though the related loan agreement has not yet been
Report in the appropriate subitem the unused portions of          signed.
commitments. Unused commitments are to be reported            (7) Overdraft protection on depositors’ accounts offered
gross, i.e., include in the appropriate subitem the unused        under a program where the bank holding company
amount of commitments acquired from and conveyed or               advises account holders of the available amount of
participated to others. However, exclude commitments              overdraft protection, for example, when accounts are
conveyed or participated to others that the bank holding          opened or on depositors’ account statements or ATM
company is not legally obligated to fund even if the party        receipts.
to whom the commitment has been conveyed or partici-
pated fails to perform in accordance with the terms of the    (8) The bank holding company’s own takedown in secu-
commitment.                                                       rities underwriting transactions.

For purposes of this item, commitments include:               (9) Revolving underwriting facilities (RUFs), note issu-
                                                                  ance facilities (NIFs), and other similar arrange-
(1) Commitments to make or purchase extensions of                 ments, which are facilities under which a borrower
    credit in the form of loans or participations in loans,       can issue on a revolving basis short-term paper in its
    lease financing receivables, or similar transactions.          own name, but for which the underwriting bank

FR Y-9C                                                                                                           HC-L-1
Schedule HC-L   June 2011
Schedule HC-L



    holding company has a legally binding commitment           Line Item 1(a) Revolving, open-end loans secured
    either to purchase any notes the borrower is unable to     by 1–4 family residential properties, e.g., home
    sell by the rollover date or to advance funds to the       equity lines.
    borrower.
                                                               Report the unused portion of commitments to extend
Exclude forward contracts and other commitments that           credit under revolving, open-end lines of credit secured
meet the definition of a derivative and must be                 by 1 to 4 family residential properties. These lines,
accounted for in accordance with ASC Topic 815,                commonly known as home equity lines, are typically
Derivatives and Hedging (formerly Statement No. 133,           secured by a junior lien and are usually accessible by
Accounting for Derivative Instruments and Hedging              check or credit card.
Activities, as amended), which should be reported in
Schedule HC-L, item 13. Include the amount (not the            Line Item 1(b)    Credit card lines.
fair value) of the unused portions of loan commitments         Report in the appropriate subitem the unused portions of
that do not meet the definition of a derivative that the        all commitments to extend credit both to individuals for
bank holding company has elected to report at fair             household, family, and other personal expenditures and
value under a fair value option. Also include forward          to other customers, including commercial and industrial
contracts that do not meet the definition of a                  enterprises, through credit cards. Exclude home equity
derivative.                                                    lines accessible through credit cards. Bank holding com-
The unused portions of commitments are to be reported          panies may report unused credit card lines as of the end
in the appropriate subitem regardless of whether they          of their customers’ last monthly billing cycle prior to the
contain ‘‘material adverse change’’ clauses or other pro-      report date or as of the report date.
visions that are intended to relieve the issuer of its
funding obligations under certain conditions and regard-       Line Item 1(b)(1)    Unused consumer credit card
less of whether they are unconditionally cancelable at         lines.
any time.                                                      Report the unused portions of all commitments to extend
In the case of commitments for syndicated loans, report        credit to individuals for household, family, and other
only the bank holding company’s proportional share of          personal expenditures through credit cards.
the commitment.
                                                               Line Item 1(b)(2)    Other unused credit card lines.
For purposes of reporting the unused portions of revolv-
ing asset-based lending commitments, the commitment is         Report the unused portions of all commitments to extend
defined as the amount a bank holding company is obli-           credit to customers through credit cards for purposes
gated to fund — as of the report date — based on the           other than household, family, and other personal expen-
contractually agreed upon terms. In the case of revolving      ditures. Include, for example, unused credit card lines
asset-based lending, the unused portions of such commit-       under ‘‘corporate’’ or ‘‘business’’ credit card programs
ments should be measured as the difference between (a)         under which credit cards are issued to one or more of a
the lesser of the contractual borrowing base (i.e., eligible   company’s employees for business-related uses.
collateral times the advance rate) or the note commitment
                                                               Line Item 1(c)(1) Commitments to fund
limit, and (b) the sum of outstanding loans and letters of
                                                               commercial real estate, construction, and land
credit under the commitment. The note commitment limit
                                                               development loans secured by real estate.
is the overall maximum loan amount beyond which the
bank holding company will not advance funds regardless         Report in the appropriate subitem the unused portion of
of the amount of collateral posted. This definition of          commitments to extend credit for the specific purpose of
‘‘commitment’’ is applicable only to revolving asset-          financing commercial and multifamily residential proper-
based lending, which is a specialized form of secured          ties (e.g., business and industrial properties, hotels,
lending in which a borrower uses current assets (e.g.,         motels, churches, hospitals, and apartment buildings),
accounts receivable and inventory) as collateral for a         provided that such commitments, when funded, would be
loan. The loan is structured so that the amount of credit is   reportable as either loans secured by multifamily residen-
limited by the value of the collateral.                        tial properties in Schedule HC-C, item 1(d), or loans

HC-L-2                                                                                                             FR Y-9C
                                                                                                  Schedule HC-L   June 2011
Schedule HC-L



secured by nonfarm nonresidential properties in Schedule       ing commercial and residential real estate activities, e.g.,
HC-C, item 1(e).                                               acquiring, developing and renovating commercial and
Also include the unused portions of commitments to             residential real estate provided that such commitments,
extend credit for the specific purpose of (a) financing          when funded, would be reportable as ‘‘Commercial and
land development (i.e., the process of improving land—         industrial loans’’ in Schedule HC-C, item 4, or as ‘‘All
laying sewers, water pipes, etc.) preparatory to erecting      other loans’’ in Schedule HC-C, item 9(b)(2). Include in
new structures or (b) the on-site construction of indus-       this item loan proceeds that the bank holding company or
trial, commercial, residential, or farm buildings, provided    its consolidated subsidiaries are obligated to advance as
that such commitments, when funded, would be report-           construction progresses.
able as loans secured by real estate in Schedule HC-C,         Such commitments generally may include:
item 1(a). For this item, ‘‘construction’’ includes not only
construction of new structures, but also additions or          (1) commitments to extend credit for the express purpose
alterations to existing structures and the demolition of           of financing real estate ventures as evidenced by
existing structures to make way for new structures. Also,          underlying commitment documentation or other cir-
include in this item loan proceeds the bank holding                cumstances connected with the commitment; or
company is obligated to advance as construction progress       (2) commitments made to organizations or individuals
payments.                                                          80 percent of whose revenue or assets are derived
Do not include general lines of credit that a borrower, at         from or consist of real estate ventures or holdings.
its option, may draw down to finance construction and           Exclude any commitments that when funded would be
land development. (Report this in item 1(c)(2) or 1(e)         reported in Schedule HC-C, item 1. Also exclude com-
below, as appropriate).                                        mitments made to commercial and industrial firms where
The sum of items 1(c)(1)(a) and 1(c)(1)(b), below, must        the sole purpose for the financing is to construct a factory
equal Schedule HC-L, item 1(c)(1).                             or office building to house the company’s operations or
                                                               employees.
Line Item 1(c)(1)(a) 1–4 family residential
construction loan commitments.                                 Line Item 1(d)     Securities underwriting.
Report the unused portions of commitments to extend            Report the unsold portion of the reporting bank holding
credit for the specific purpose of constructing 1–4 family      company’s own takedown in securities underwriting
residential properties, provided that such commitments,        transactions. Include note issuance facilities (NIFs) and
when funded, would be reportable as loans secured by           revolving underwriting facilities (RUFs) in this item.
real estate in Schedule HC-C, item 1(a)(1), ‘‘1–4 family
                                                               Line Item 1(e)    Other unused commitments.
residential construction loans.”
                                                               Report in the appropriate subitem the unused portion of
Line Item 1(c)(1)(b) Commercial real estate, other             all commercial and industrial loan commitments, com-
construction loan, and land development loan                   mitments for loans to financial institutions, and all other
commitments.                                                   commitments not reportable in Schedule HC-L, items
Report the unused portions of all other commitments to         1(a) through 1(d), above. Include commitments to extend
fund commercial real estate, construction, and land devel-     credit through overdraft facilities or commercial lines of
opment loans secured by real estate (as defined for             credit, retail check credit and related plans, and those
Schedule HC-L, item 1(c)(1)) other than commitments to         overdraft protection programs in which the bank holding
fund 1–4 family residential construction (as defined for        company advises account holders of the available amount
Schedule HC-L, item 1(c)(1)(a)).                               of protection.
Line Item 1(c)(2) Commitments to fund                          Line Item 1(e)(1)     Commercial and industrial
commercial real estate, construction, and land                 loans.
development loans NOT secured by real estate.                  Report the unused portions of commitments to extend
Report in this item the unused portions of all commit-         credit for commercial and industrial purposes, i.e., com-
ments to extend credit for the specific purpose of financ-       mitments that, when funded, would be reportable as

FR Y-9C                                                                                                            HC-L-3
Schedule HC-L   June 2011
Schedule HC-L



commercial and industrial loans in Schedule HC-C, item          either directly in cash or through a participation in a loan
4, ‘‘Commercial and industrial loans.’’ Exclude unused          to the account party.
credit card lines to commercial and industrial enterprises
(report in Schedule HC-L, item 1(b)(2), above).                 For syndicated standby letters of credit where each bank
                                                                holding company has a direct obligation to the benefi-
Line Item 1(e)(2) Loans to financial institutions.               ciary, each institution must report only its share in the
                                                                syndication. Similarly, if several organizations partici-
Report the unused portions of commitments to extend             pate in the issuance of a standby letter of credit under a
credit to financial institutions, i.e., commitments that,        bona fide binding agreement that provides that (a) regard-
when funded, would be reportable either as loans to             less of any event, each participant shall be liable only up
depository institutions in Schedule HC-C, item 2, ‘‘Loans       to a certain percentage or to a certain amount and (b) the
to depository institutions and acceptances of other banks,’’    beneficiary is advised and has agreed that each participat-
or as loans to nondepository financial institutions in           ing organization is only liable for a certain portion of the
Schedule HC-C, item 9(a), ‘‘Loans to nondepository              entire amount, each bank holding company shall report
financial institutions.’’                                        only its proportional share of the total standby letter of
                                                                credit.
Line Item 1(e)(3) All other unused commitments.
Report the unused portions of commitments not report-           For a financial or performance standby letter of credit
able in Schedule HC-L, items 1(a) through 1(e)(2),              that is in turn backed by a financial standby letter of
above.                                                          credit issued by another institution, each bank holding
                                                                company must report the entire amount of the standby
Include commitments to extend credit secured by 1–4             letter of credit it has issued in either item 2 or 3 below, as
family residential properties, except (a) revolving, open-      appropriate. The amount of the reporting bank holding
end lines of credit secured by 1-4 family residential           company’s financial or performance standby letter of
properties (e.g., home equity lines), which should be           credit that is backed by the other institution’s financial
reported in Schedule HC-L, item 1(a), above, (b) commit-        standby letter of credit must be included in either
ments for 1–4 family residential construction and land          item 2(a) or 3(a) as appropriate, since the backing of
development loans (that are secured by such properties),        standby letters of credit has substantially the same effect
which should be reported in Schedule HC-L, item 1(c)(1),        as the conveying of participations in standby letters of
above, and (c) commitments that meet the definition of a         credit.
derivative and must be accounted for in accordance with
ASC Topic 815, Derivatives and Hedging (formerly                Also, include all financial and performance guarantees
FASB Statement No. 133, Accounting for Derivative               issued by foreign offices of the reporting bank holding
Instruments and Hedging Activites, as amended), which           company pursuant to Section 211.4(a)(1) of Federal
should be reported in Schedule HC-L, item 11.                   Reserve Regulation K or Section 347.3(c)(1) of the FDIC
                                                                Rules and Regulations.
Line Items 2 and 3 General Instructions for
Standby Letters of Credit.
                                                                Line Item 2 Financial standby letters of credit and
Originating bank holding companies (or their subsidi-           foreign office guarantees.
aries) must report in items 2 and 3 the full amount
outstanding and unused of financial and performance              Report the amount outstanding and unused as of the
standby letters of credit, respectively. Include those          report date of all financial standby letters of credit (and
standby letters of credit that are collateralized by cash       all legally binding commitments to issue financial standby
on deposit, that have been acquired by others, and in           letters of credit) issued by any office of the bank holding
which participations have been conveyed to others where         company or its consolidated subsidiaries. A financial
(a) the originating and issuing bank holding company is         standby letter of credit irrevocably obligates the bank
obligated to pay the full amount of any draft drawn under       holding company to pay a third-party beneficiary when a
the terms of the standby letter of credit and (b) the           customer (account party) fails to repay an outstanding
participating institutions have an obligation to partially or   loan or debt instrument. (See the Glossary entry for
wholly reimburse the originating bank holding company,          ‘‘letter of credit’’ for further information).

HC-L-4                                                                                                                FR Y-9C
                                                                                                     Schedule HC-L   June 2011
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Exclude from financial standby letters of credit the                             (1) Performance standby letters of credit where the bene-
following:                                                                          ficiary is a consolidated subsidiary of the bank
                                                                                    holding company.
(1) Financial standby letters of credit where the benefi-
    ciary is a consolidated subsidiary of the bank holding                      (2) Financial standby letters of credit.
    company.
                                                                                (3) Signature or endorsement guarantees of the type
(2) Performance standby letters of credit.                                          associated with the clearing of negotiable instru-
                                                                                    ments or securities in the normal course of business.
(3) Signature or endorsement guarantees of the type
    associated with the clearing of negotiable instru-                          Item 3(a) is to be completed by bank holding companies
    ments or securities in the normal course of business.                       with $1 billion or more in total assets. 1
Item 2(a) is to be completed by bank holding companies                          Line Item 3(a) Amount of performance standby
with $1 billion or more in total assets. 1                                      letters of credit conveyed to others.
                                                                                Report that portion of the consolidated bank holding
Line Item 2(a) Amount of financial standby letters                               company’s total contingent liability for performance
of credit conveyed to others.                                                   standby letters of credit reported in item 3 that the
Report that portion of the consolidated bank holding                            holding company has conveyed to others. Also, include
company’s total contingent liability for financial standby                       that portion of the reporting bank holding company’s
letters of credit reported in item 2 that the holding                           performance standby letters of credit that are backed by
company has conveyed to others. Also, include that                              other organizations’ financial standby letters of credit, as
portion of the reporting bank holding company’s finan-                           well as the portion that participating bank holding com-
cial standby letters of credit that are backed by other                         panies have reparticipated to others. Participations and
organizations’ financial standby letters of credit, as well                      backings may be for any part or all of a given obligation.
as the portion that participating bank holding companies
have reparticipated to others. Participations and backings                      Line Item 4     Commercial and similar letters of
may be for any part or all of a given obligation.                               credit.
                                                                                Report the amount outstanding and unused as of the
Line Item 3 Performance standby letters of credit                               report date of issued or confirmed commercial letters
and foreign office guarantees.                                                  of credit, travelers’ letters of credit not issued for money
                                                                                or its equivalent, and all similar letters of credit, but
Report the amount outstanding and unused as of the                              excluding standby letters of credit (which are to be
report date of all performance standby letters of credit                        reported in item 2 and 3 above). (See the Glossary entry
(and all legally binding commitments to issue perfor-                           for ‘‘letter of credit.’’) Legally binding commitments to
mance standby letters of credit) issued by any office of                        issue commercial letters of credit are to be reported in
the bank holding company or its consolidated subsidi-                           this item.
aries. A performance standby letter of credit irrevocably
obligates the bank holding company to pay a third-party                         Travelers’ letters of credit or other letters of credit issued
beneficiary when a customer (account party) fails to                             for money or its equivalent by the reporting bank holding
perform some contractual non-financial obligation. (See                          company or its agents should be reported as demand
the Glossary entry for ‘‘letter of credit’’ for further                         deposit liabilities in Schedule HC-E.
information).
                                                                                Line Item 5     Not applicable.
Exclude from performance standby letters of credit the
following:                                                                      Line Item 6     Securities lent.
                                                                                Report the appropriate amount of all securities lent
                                                                                against collateral or on an uncollateralized basis. Report
  1. This asset size test is determined based on the total assets reported in
the previous year’s June 30 FR Y-9C report. Once a bank holding com-            the book value of bank holding company-owned securi-
pany surpasses the $1 billion total asset threshold, it must continue to        ties that have been lent. In addition, for customers who
report this item regardless of subsequent changes in its total assets.          have been indemnified against any losses by the reporting

FR Y-9C                                                                                                                              HC-L-5
Schedule HC-L      June 2011
Schedule HC-L



bank holding company or its consolidated subsidiaries,         Line Item 7(a)      Notional amounts.
report the market value as of the report date of such
                                                               Report in the appropriate subitem and column the
customers’ securities, including customers’ securities
                                                               notional amount (stated in U.S. dollars) of all credit
held in the reporting bank holding company’s trust
                                                               derivatives. For tranched credit derivative transactions
department, that have been lent. If the reporting bank
                                                               that relate to an index, e.g., the Dow Jones CDX NA
holding company or its consolidated subsidiaries have
                                                               index, report as the notional amount the dollar amount of
indemnified their customers against any losses on their
                                                               the tranche upon which the reporting bank holding
securities that have been lent by the company or its
                                                               company’s credit derivative cash flows are based.
subsidiaries, the commitment to indemnify—either
through a standby letter of credit or other means—should       Line Item 7(a)(1)      Credit default swaps.
not be reported in any other item on Schedule HC-L.
                                                               Report in the appropriate column the notional amount of
                                                               all credit default swaps. A credit default swap is a
Line Item 7     Credit derivatives.                            contract in which a protection seller or guarantor (risk
                                                               taker), for a fee, agrees to reimburse a protection pur-
In general, credit derivatives are arrangements that allow     chaser or beneficiary (risk hedger) for any losses that
one party (the ‘‘protection purchaser’’ or ‘‘beneficiary’’)     occur due to a credit event on a particular entity, called
to transfer the credit risk of a ‘‘reference asset’’ or        the ‘‘reference entity.’’ If there is no credit default event
‘‘reference entity’’ to another party (the ‘‘protection        (as defined by the derivative contract), then the protec-
seller’’ or ‘‘guarantor’’). Report the notional amounts of     tion seller makes no payments to the protection purchaser
credit derivatives by type of instrument in Schedule           and receives only the contractually specified fee. Under
HC-L, items 7(a)(1) through 7(a)(4). Report the gross          standard industry definitions, a credit event is normally
positive and negative fair values of all credit derivatives    defined to include bankruptcy, failure to pay, and restruc-
in Schedule HC-L, items 7(b)(1) and 7(b)(2). For both          turing. Other potential credit events include obligation
the notional amounts and gross fair values, report credit      acceleration, obligation default, and repudiation/
derivatives for which the bank holding company is the          moratorium.
protection seller in column A, ‘‘Sold Protection,’’ and
those on which the bank holding company is the protec-         Line Item 7(a)(2)      Total return swaps.
tion purchaser in column B, ‘‘Purchased Protection.’’
                                                               Report in the appropriate column the notional amount of
Report the notional amounts of credit derivatives by
                                                               all total return swaps. A total return swap transfers the
regulatory capital treatment in Schedule HC-L, items
                                                               total economic performance of a reference asset, which
7(c)(1)(a) through 7(c)(2)(c). Report the notional amounts
                                                               includes all associated cash flows, as well as capital
of credit derivatives by remaining maturity in Schedule
                                                               appreciation or depreciation. The protection purchaser
HC-L, items 7(d)(1)(a) through 7(d)(2)(b).
                                                               (beneficiary) receives a floating rate of interest and any
All credit derivative transactions within the consolidated     depreciation on the reference asset from the protection
bank holding company should be reported on a net basis,        seller. The protection seller (guarantor) has the opposite
i.e., intrabank transactions should not be reported in this    profile. The protection seller receives cash flows on the
item. No other netting of contracts is permitted for           reference asset, plus any appreciation, and it pays any
purposes of this item. Therefore, do not net the notional      depreciation to the protection purchaser, plus a floating
amounts or fair values of: (1) credit derivatives with third   interest rate. A total return swap may terminate upon a
parties on which the reporting bank holding company is         default of the reference asset.
the protection purchaser against credit derivatives with
third parties on which the reporting bank holding com-         Line Item 7(a)(3)     Credit options.
pany is the protection seller, or (2) contracts subject to     Report in the appropriate column the notional amount of
bilateral netting agreements. The notional amounts of          all credit options. A credit option is a structure that
credit derivatives should not be included in Schedule          allows investors to trade or hedge changes in the credit
HC-L, items 11 through 13, and the fair values of credit       quality of the reference asset. For example, in a credit
derivatives should not be included in Schedule HC-L,           spread option, the option writer (protection seller or
item 14.                                                       guarantor) assumes the obligation to purchase or sell the

HC-L-6                                                                                                              FR Y-9C
                                                                                                   Schedule HC-L   June 2011
Schedule HC-L



reference asset at a specified ‘‘strike’’ spread level. The       bank holding company’s treatment of the derivative for
option purchaser (protection purchaser or beneficiary)            regulatory capital purposes. Because each subitem under
buys the right to sell the reference asset to, or purchase it    item 7(c) is mutually exclusive, each credit derivative
from, the option writer at the strike spread level.              contract should be reported in only one subitem.

Line Item 7(a)(4)      Other credit derivatives.                 Line Item 7(c)(1) Positions covered under the
Report in the appropriate column the notional amount of          Market Risk Rule.
all other credit derivatives. Other credit derivatives con-      For bank holding companies subject to the Market Risk
sist of any credit derivatives not reportable as a credit        Rule, report in the appropriate subitem the notional
default swap, a total return swap, or a credit option.           amount of covered positions.
Credit linked notes are cash securities and should not be
reported as other credit derivatives.
                                                                 Line Item 7(c)(1)(a)     Sold protection.
Line Item 7(b)       Gross fair values.                          For those credit derivatives that are covered positions
                                                                 under the Market Risk Rule, report the notional amount
Report in the appropriate subitem and column the gross
                                                                 of credit derivative contracts where the bank holding
fair values of all credit derivatives. As defined in ASC
                                                                 company is the protection seller (guarantor).
Topic 820, Fair Value Measurements and Disclosures
(formerly FASB Statement No. 157, Fair Value Measure-
ments), fair value for an asset or liability is the price that   Line Item 7(c)(1)(b)     Purchased protection.
would be received to sell the asset or paid to transfer the      For those credit derivatives that are covered positions
liability in an orderly transaction between market partici-      under the Market Risk Rule, report the notional amount
pants (not a forced liquidation or distressed sale) in the       of credit derivative contracts where the bank holding
asset’s or liability’s principal (or most advantageous)          company is the protection purchaser (beneficiary).
market at the measurement date. For further information,
see the Glossary entry for ‘‘fair value.’’ For purposes of
                                                                 Line Item 7(c)(2)     All other positions:
this item, the reporting bank holding company should
determine the fair value of its credit derivative contracts      Line Item 7(c)(2)(a)     Sold protection.
in the same manner that it determines the fair value of
                                                                 Report the notional amount of credit derivative contracts
these contracts for other financial reporting purposes.
                                                                 that are not covered positions under the Market Risk Rule
Line Item 7(b)(1)      Gross positive fair value.                where the reporting bank holding company is the protec-
                                                                 tion seller (guarantor).
Report in the appropriate column the total fair value of
those credit derivatives reported in Schedule HC-L, items        Line Item 7(c)(2)(b) Purchased protection that is
7(a)(1) through 7(a)(4), above, with positive fair values.       recognized as a guarantee for regulatory capital
                                                                 purposes.
Line Item 7(b)(2)      Gross negative fair value.
                                                                 Report the notional amount of credit derivative contracts
Report in the appropriate column the total fair value of         that are not covered positions under the Market Risk Rule
those credit derivatives reported in Schedule HC-L, items        where the bank holding company is the protection pur-
7(a)(1) through 7(a)(4), above, with negative fair values.       chaser (beneficiary) and the protection is recognized as a
Report the total fair value as an absolute value; do not         guarantee for regulatory capital purposes. The credit
enclose the total fair value in parentheses or use a minus       derivative contracts to be reported in this item are limited
(-) sign.                                                        to those providing purchased protection where an under-
                                                                 lying position (usually an asset of the bank holding
Line Item 7(c) Notional amount of all credit
                                                                 company) is being hedged by the protection and credit
derivatives by regulatory capital treatment.
                                                                 derivative contract meets the criteria for recognition as a
Report in the appropriate subitem the notional amount of         guarantee under the Federal Reserve’s regulatory capital
all credit derivative contracts according to the reporting       standards.

FR Y-9C                                                                                                              HC-L-7
Schedule HC-L   June 2011
Schedule HC-L



Line Item 7(c)(2)(c) Purchased protection that is              under the bank holding company’s internal credit rating
not recognized as a guarantee for regulatory capital           system.
purposes.
                                                               Line Item 7(d)(2)    Purchased credit protection.
Report the notional amount of credit derivative contracts
that are not covered positions under the Market Risk Rule      Report the notional amount of all credit derivative con-
where the bank holding company is the protection pur-          tracts where the bank holding company is the protection
chaser (beneficiary) and the protection is not recognized       purchaser (beneficiary).
as a guarantee for regulatory capital purposes. The credit
derivative contracts to be reported in this item are limited   Line Item 7(d)(2)(a)    Investment grade.
to those providing purchased protection where the protec-      Report the remaining maturities of credit derivative
tion is not being used to hedge an underlying position or      contracts where the underlying reference asset is rated
where the ‘‘hedging’’ credit derivative contract does not      investment grade or, if not rated, is the equivalent of
meet the criteria for recognition as a guarantee under the     investment grade under the bank holding company’s
Federal Reserve’s regulatory capital standards. These          internal credit rating system
‘‘naked’’ purchased protection positions sometimes arise
when a bank holding company has sold the asset that was        Line Item 7(d)(2)(b)     Subinvestment grade.
being hedged by the credit derivative contract while           Report the remaining maturities of credit derivative
retaining the credit derivative contract.                      contracts where the underlying reference asset is rated
                                                               below investment grade, i.e., subinvestment grade, or, if
Line Item 7(d)     Notional amounts by remaining
                                                               not rated, is the equivalent of below investment grade
maturity.
                                                               under the bank holding company’s internal credit rating
Report in the appropriate subitem and column the               system.
notional amount of all credit derivative contracts by
remaining maturity. Report notional amounts in the col-        Line Item 8    Spot foreign exchange contracts.
umn corresponding to the contract’s remaining term to          Report the gross amount (stated in U.S. dollars) of all
maturity from the report date. Remaining maturities are        spot contracts committing the reporting bank holding
to be reported as (1) one year or less in column A, (2)        company to purchase foreign (non-U.S.) currencies and
over one year through five years in column B, or (3) over       U.S. dollar exchange that are outstanding as of the report
five years in column C.                                         date. All transactions within the bank holding company
                                                               should be reported on a consolidated basis.
Line Item 7(d)(1) Sold credit protection.
                                                               A spot contract is an agreement for the immediate
Report the notional amount of all credit derivative con-       delivery, usually within two business days or less (depend-
tracts where the bank holding company is the protection        ing on market convention), of a foreign currency at the
seller (guarantor).                                            prevailing cash market rate. Contracts where market
                                                               convention is for delivery of a foreign currency in less
Line Item 7(d)(1)(a)     Investment grade.
                                                               than two days, e.g., T+1 day (for example, Canadian
Report the remaining maturities of credit derivative           dollar-U.S. dollar contracts), should be reported as spot
contracts where the underlying reference asset is rated        contracts. Any contract exceeding the market convention
investment grade or, if not rated, is the equivalent of        should be reported as a foreign exchange forward con-
investment grade under the bank holding company’s              tract in Schedule HC-L, item 11(b), column B. Spot
internal credit rating system.                                 contracts are considered outstanding (i.e., open) until
                                                               they have been cancelled by acquisition or delivery of the
Line Item 7(d)(1)(b)     Subinvestment grade.                  underlying currencies.
Report the remaining maturities of credit derivative           Only one side of a spot foreign exchange contract is to be
contracts where the underlying reference asset is rated        reported. In those transactions where foreign (non-U.S.)
below investment grade, i.e., subinvestment grade, or, if      currencies are bought or sold against U.S. dollars, report
not rated, is the equivalent of below investment grade         only that side of the transaction that involves the foreign

HC-L-8                                                                                                             FR Y-9C
                                                                                                  Schedule HC-L   June 2011
Schedule HC-L



(non-U.S.) currency. For example, if the reporting bank        (2) Contracts for the purchase and sale of when-issued
holding company enters into a spot contract which                  securities that are excluded from the requirements of
obligates the bank holding company to purchase U.S.                ASC Topic 815, Derivatives and Hedging (formerly
dollar exchange against which it sells Japanese yen, then          FASB Statement No. 133, Accounting for Derivative
the bank holding company would report (in U.S. dollar              Instruments and Hedging Activities, as amended)
equivalent values) the amount of Japanese yen sold in              (and therefore not reported as forward contracts in
this item. In cross-currency spot foreign exchange trans-          Schedule HC-L, item 11(b), below), and accounted
actions, which involve the purchase and sale of two                for on a settlement-date basis. (Report the amount of
non-U.S. currencies, only the purchase side is to be               these commitments in Schedule HC-L, item 9(b) or
reported (in U.S. dollar equivalent values).                       item 9(c), if this amount exceeds 25 percent of total
                                                                   equity capital reported in Schedule HC, item 27(a).
Line Item 9 All other off-balance-sheet items
(exclude derivatives).                                         (3) Standby letters of credit issued by a Federal Home
With the exceptions listed below, report all significant            Loan Bank on behalf of the reporting bank holding
types of off-balance-sheet items not covered in other              company or its subsidiaries, which is the account
items of this schedule. Exclude off-balance-sheet deriva-          party on the letters of credit and therefore obligated
tive contracts that are reported elsewhere in Sched-               to reimburse the issuing Federal Home Loan Bank
ule HC-L.                                                          for all payments made under the standby letters of
                                                                   credit.
Report only the aggregate amount of those types of
‘‘other off-balance sheet items’’ that individually exceed     (4) Financial guarantee insurance that insures the timely
10 percent of the total equity capital reported in Schedule        payment of principal and interest on bond issues.
HC, item 27(a). If the bank holding company has no
types of ‘‘other off-balance sheet items’’ that individually   (5) Letters of indemnity other than those issued in
exceed 10 percent of total equity capital, report a zero.          connection with the replacement of lost or stolen
                                                                   official checks.
Disclose in items 9(a) through 9(g) each type of ‘‘other
off-balance sheet items’’ reportable in this item, and the     (6) Shipside or dockside guarantees or similar guaran-
dollar amount of the off-balance sheet item, that individu-        tees relating to missing bills of lading or title docu-
ally exceeds 25 percent of the total equity capital reported       ments and other document guarantees that facilitate
in Schedule HC, item 27(a). For each type of off-balance           the replacement of lost or destroyed documents and
sheet item that exceeds this disclosure threshold for              negotiable instruments.
which a preprinted caption has not been provided,
describe the item with a clear but concise caption in          Exclude the following from other off-balance-sheet items:
items 9(d) through 9(g). These descriptions should not
exceed 50 characters in length (including spacing between      (1) All items that are required to be reported on the
words).                                                            balance sheet of the Consolidated Financial State-
                                                                   ments for Bank Holding Companies, such as repur-
Include the following as other off-balance-sheet items:            chase and resale agreements.
(1) Securities borrowed against collateral (other than
                                                               (2) Commitments to purchase property being acquired
    cash), or on an uncollateralized basis, for such pur-
                                                                   for lease to others (report in item 1 above).
    poses as a pledge against deposit liabilities or deliv-
    ery against short sales. Report borrowed securities        (3) Contingent liabilities arising in connection with liti-
    that are fully collateralized by similar securities of         gation in which the reporting bank holding company
    equivalent value at market value at the time they              is involved.
    were borrowed. For other borrowed securities, report
    their market value as of the report date. (Report the      (4) Signature or endorsement guarantees of the type
    amount of securities borrowed in Schedule HC-L,                associated with the regular clearing of negotiable
    item 9(a), if this amount exceeds 25 percent of total          instruments or securities in the normal course of
    equity capital reported in Schedule HC, item 27(a).)           business.

FR Y-9C                                                                                                           HC-L-9
Schedule HC-L   June 2011
Schedule HC-L



Line Item 10     Not applicable.                               through 11(e) must equal the sum of Schedule HC-L,
                                                               items 12 and 13.
Line Item 11 Gross amounts (e.g., notional
amounts) of derivatives contracts.                             Column Instructions
Report in the appropriate column and subitem the gross         Column A         Interest Rate Contracts
par value (stated in U.S. dollars) (e.g., futures, forwards,   Interest rate contracts are contracts related to an interest-
and option contracts) or the notional amount (stated in        bearing financial instrument or whose cash flows are
U.S. dollars) (e.g., forward rate agreements and swaps),       determined by referencing interest rates or another inter-
as appropriate, of all contracts that meet the definition of    est rate contract (e.g., an option on a futures contract to
a derivative and must be accounted for in accordance           purchase a Treasury bill). These contracts are generally
with ASC Topic 815, Derivatives and Hedging (formerly          used to adjust the bank holding company’s interest rate
FASB Statement No. 133, Accounting for Derivative              exposure or, if the bank holding company is an inter-
Instruments and Hedging Activities, as amended). Include       mediary, the interest rate exposure of others. Interest rate
both freestanding derivative contracts and embedded            contracts include single currency interest rate swaps,
derivatives that must be accounted for separately from         basis swaps, forward rate agreements, and interest rate
their host contract under ASC Topic 815. Report each           options, including caps, floors, collars, and corridors.
contract according to its underlying risk exposure: inter-
est rate, foreign exchange, equity, and commodity and          Exclude contracts involving the exchange of one or more
other. Contracts with multiple risk characteristics should     foreign currencies (e.g., cross-currency swaps and cur-
be classified based upon the predominant risk character-        rency options) and other contracts whose predominant
istics at the origination of the derivative. However,          risk characteristic is foreign exchange risk, which are to
exclude from Schedule HC-L, items 11 through 14, all           be reported in column B as foreign exchange contracts.
credit derivatives, which should be reported in Schedule       Unsettled securities transactions that exceed regular way
HC-L, item 7 above.                                            settlement time limit that is customary in each relevant
                                                               market must be reported as forward contracts in Schedule
The notional amount or par value to be reported for a          HC-L, item 11(b).
derivative contract with a multiplier component is the
contract’s effective notional amount or par value. For         Column B         Foreign Exchange Contracts
example, a swap contract with a stated notional amount
of $1,000,000 whose terms called for quarterly settle-         Foreign exchange contracts are contracts to purchase
ment of the difference between 5% and LIBOR multi-             foreign (non-U.S.) currencies and U.S. dollar exchange in
plied by 10 has an effective notional amount of                the forward market, i.e., on an organized exchange or
$10,000,000.                                                   in an over-the-counter market. A purchase of U.S. dollar
                                                               exchange is equivalent to a sale of foreign currency.
All transactions within the bank holding company should        Foreign exchange contracts include cross-currency inter-
be reported on a consolidated basis (i.e., intercompany        est rate swaps where there is an exchange of principal,
transactions should be eliminated). No other netting of        forward foreign exchange contracts (usually settling three
contracts is permitted for purposes of this item. There-       or more business days from trade date), and currency
fore, do not net: (1) obligations of the reporting bank        futures and currency options. Exclude spot foreign
holding company to purchase from third parties against         exchange contracts which are to be reported in Sched-
                                                               ule HC-L, item 8.
the bank holding company’s obligations to sell to third
parties, (2) written options against purchased options, or     Only one side of a foreign currency transaction is to be
(3) contracts subject to bilateral netting agreements.         reported. In those transactions where foreign (non-U.S.)
                                                               currencies are bought or sold against U.S. dollars, report
For each column, the sum of Schedule HC-L, items 11(a)         only that side of the transaction that involves the foreign




HC-L-10                                                                                                             FR Y-9C
                                                                                                   Schedule HC-L   June 2011
Schedule HC-L



(non-U.S.) currency. For example, if the reporting bank          at a specified future date, a specified instrument at a
holding company enters into a futures contract which             specified price or yield. Futures contracts are standard-
obligates the bank holding company to purchase U.S.              ized and are traded on organized exchanges that act as the
dollar exchange against which it sells Japanese yen, then        counterparty to each contract.
the bank holding company would report (in U.S. dollar
equivalent values) the amount of Japanese yen sold in            Report, in the appropriate column, the aggregate par
Schedule HC-L, item 11(a). In cross-currency trans-              value of futures contracts that have been entered into by
actions, which involve the purchase and sale of two              the reporting bank holding company and are outstanding
non-U.S. currencies, only the purchase side is to be             (i.e., open contracts) as of the report date. Do not report
reported.                                                        the par value of financial instruments intended to be
                                                                 delivered under such contracts if this par value differs
All amounts in column B are to be reported in U.S. dollar        from the par value of the contracts themselves.
equivalent values.
                                                                 Contracts are outstanding (i.e., open) until they have
Column C         Equity Derivative Contracts                     been cancelled by acquisition or delivery of the under-
                                                                 lying financial instruments or by offset. Offset is the
Equity derivative contracts are contracts that have a            liquidating of a purchase of futures through the sale of an
return, or a portion of their return, linked to the price of a   equal number of contracts of the same delivery month
particular equity or to an index of equity prices, such as       on the same underlying instrument, or the covering of a
the Standard and Poor’s 500.                                     short sale of futures through the purchase of an equal
The contract amount to be reported for equity derivative         number of contracts of the same delivery month on the
contracts is the quantity, e.g., number of units, of the         same underlying instrument on the same exchange.
equity instrument or equity index contracted for purchase
                                                                 Column A, Interest Rate Futures. Report futures
or sale multiplied by the contract price of a unit.
                                                                 contracts committing the reporting bank holding com-
                                                                 pany to purchase or sell financial instruments and whose
Column D Commodity and Other Contracts                           predominant risk characteristic is interest rate risk. Some
Commodity contracts are contracts that have a return, or         of the more common interest rate futures include futures
a portion of their return, linked to the price of or to an       on 90-day U.S. Treasury bills; 12-year GNMA pass-
index of precious metals, petroleum, lumber, agricultural        through securities; and 2-, 4-, 6-, and 10-year U.S.
products, etc. Commodity and other contracts also include        Treasury notes.
any other contracts that are not reportable as interest rate,
                                                                 Column B, Foreign Exchange Futures. Report the
foreign exchange, or equity derivative contracts.
                                                                 gross amount (stated in U.S. dollars) of all futures
The contract amount to be reported for commodity and             contracts committing the reporting bank holding com-
other contracts is the quantity, e.g., number of units, of       pany to purchase foreign (non-U.S.) currencies and U.S.
the commodity or product contracted for purchase or sale         dollar exchange and whose predominant risk characteris-
multiplied by the contract price of a unit.                      tic is foreign exchange risk.
The notional amount to be reported for commodity                 A currency futures contract is a standardized agreement
contracts with multiple exchanges of principal is the            for delayed delivery of a foreign (non-U.S.) currency or
contractual amount multiplied by the number of remain-           U.S. dollar exchange in which the buyer agrees to
ing payments (i.e., exchanges of principal) in the con-          purchase and the seller agrees to deliver, at a specified
tract.                                                           future date, a specified amount at a specified exchange
                                                                 rate.
Line Item Instructions
                                                                 Column C, Equity Derivative Futures. Report futures
Line Item 11(a)      Futures contracts.
                                                                 contracts committing the reporting bank holding com-
Futures contracts represent agreements for delayed deliv-        pany to purchase or sell equity securities or instruments
ery of financial instruments or commodities in which the          based on equity indexes such as the Standard and Poor’s
buyer agrees to purchase and the seller agrees to deliver,       500, or the Nikkei.

FR Y-9C                                                                                                           HC-L-11
Schedule HC-L   June 2011
Schedule HC-L



Column D, Commodity and Other Futures. Report                   dollar amount) to sell loans secured by 1-to-4 family
the contract amount for all futures contracts committing        residential properties that meet the definition of a
the reporting bank holding company to purchase or sell          derivative contract under ASC Topic 815.
commodities such as agricultural products (e.g., wheat,
coffee), precious metals (e.g., gold, platinum), and non-       Column B, Foreign Exchange Forwards. Report the
ferrous metals (e.g., copper, zinc). Include any other          gross amount (stated in U.S. dollars) of all forward
futures contract that is not reportable as an interest rate,    contracts committing the reporting bank holding com-
foreign exchange, or equity derivative contract in col-         pany to purchase foreign (non-U.S.) currencies and U.S.
umn A, B, or C.                                                 dollar exchange and whose predominant risk characteris-
                                                                tic is foreign exchange risk.
Line Item 11(b) Forward contracts.                              A forward foreign exchange contract is an agreement for
Forward contracts represent agreements for delayed              delayed delivery of a foreign (non-U.S.) currency or U.S.
delivery of financial instruments or commodities in which        dollar exchange in which the buyer agrees to purchase
the buyer agrees to purchase and the seller agrees to           and the seller agrees to deliver, at a specified future date,
deliver, at a specified future date, a specified instrument       a specified amount at a specified exchange rate.
or commodity at a specified price or yield. Forward              Column C, Equity Derivative Forwards. Report for-
contracts are not traded on organized exchanges and their       ward contracts committing the reporting bank holding
contractual terms are not standardized.                         company to purchase or sell equity instruments.
Report the notional value of forward contracts that
                                                                Column D, Commodity and Other Forwards. Report
have been entered into by the reporting bank holding
                                                                the contract amount for all forward contracts committing
company and are outstanding (i.e., open contracts) as
                                                                the reporting bank holding company to purchase or sell
of the report date. Do not report financial instruments
                                                                commodities such as agricultural products (e.g., wheat,
intended to be delivered under such contracts if this
                                                                coffee), precious metals (e.g., gold, platinum), and non-
notional value differs from the notional value of the
                                                                ferrous metals (e.g., copper, zinc). Include any other
contracts themselves.
                                                                forward contract that is not reportable as an interest rate,
Contracts are outstanding (i.e., open) until they have          foreign exchange, or equity derivative contract in column
been cancelled by acquisition or delivery of the under-         A, B, or C.
lying financial instruments or settled in cash. Such con-
tracts can only be terminated, other than by receipt of the
underlying asset, by agreement of both buyer and seller.        Line Item 11(c)     Exchange-traded option contracts.
Include as forward contracts in this item contracts for the     Option contracts convey either the right or the obligation,
purchase and sale of when-issued securities that are not        depending upon whether the reporting bank holding
excluded from the requirements of ASC Topic 815,                company is the purchaser or the writer, respectively,
Derivatives and Hedging (formerly FASB Statement                to buy or sell a financial instrument or commodity at a
No. 133, Accounting for Derivative Instruments and              specified price by a specified future date. Some options
Hedging Activities, as amended). Report contracts for the       are traded on organized exchanges.
purchase and sale of when-issued securities that are
                                                                The buyer of an option contract has, for compensation
excluded from the requirements of ASC Topic 815, as
                                                                (such as a fee or premium), acquired the right (or option)
amended, and accounted for on a settlement-date basis as
                                                                to sell to, or purchase from, another party some financial
‘‘Other off-balance-sheet items’’ in Schedule HC-L, item
                                                                instrument or commodity at a stated price on a specified
9, subject to the existing reporting threshold for this item.
                                                                future date. The seller of the contract has, for such
Column A, Interest Rate Forwards. Report forward                compensation, become obligated to purchase or sell the
contracts committing the reporting bank holding com-            financial instrument or commodity at the option of the
pany to purchase or sell financial instruments and whose         buyer of the contract. A put option contract obligates
predominant risk characteristic is interest rate risk.          the seller of the contract to purchase some financial
Include in this item firm commitments (i.e., commit-             instrument or commodity at the option of the buyer of the
ments that have a specific interest rate, selling date, and      contract. A call option contract obligates the seller of the

HC-L-12                                                                                                              FR Y-9C
                                                                                                    Schedule HC-L   June 2011
Schedule HC-L



contract to sell some financial instrument or commodity          not reportable as an interest rate, foreign exchange, or
at the option of the buyer of the contract.                     equity derivative contract in columns A, B, or C.

Line Item 11(c)(1)      Written options.                        Line Item 11(c)(2)     Purchased options.
Report in this item the aggregate par value of the              Report in this item the aggregate par value of the
financial instruments or commodities that the reporting          financial instruments or commodities that the reporting
bank holding company has, for compensation (such as a           bank holding company has, for a fee or premium, pur-
fee or premium), obligated itself to either purchase or sell    chased the right to either purchase or sell under exchange-
under exchange-traded option contracts that are outstand-       traded option contracts that are outstanding as of the
ing as of the report date.                                      report date.
Column A, Written Exchange-Traded Interest Rate                 Column A, Purchased Exchange-Traded Interest Rate
Options. For exchange-traded option contracts obligat-          Options. For exchange-traded option contracts giving
ing the reporting bank holding company to either pur-           the reporting bank holding company the right to either
chase or sell an interest rate futures contract and whose       purchase or sell an interest rate futures contract and
predominant risk characteristic is interest rate risk, report   whose predominant risk characteristic is interest rate risk,
the par value of the financial instrument underlying the         report the par value of the financial instrument under-
futures contract. An example of such a contract is a            lying the futures contract. An example of such a contract
Chicago Board Options Exchange option on the 13-week            is a Chicago Board Options Exchange option on the
Treasury bill rate.                                             13-week Treasury bill rate.
Column B, Written Exchange-Traded Foreign                       Column B, Purchased Exchange-Traded Foreign
Exchange Options. Report in this item the gross                 Exchange Options. Report in this item the gross
amount (stated in U.S. dollars) of foreign (non-U.S.)           amount (stated in U.S. dollars) of foreign (non-U.S.)
currency and U.S. dollar exchange that the reporting bank       currency and U.S. dollar exchange that the reporting bank
holding company has, for compensation, obligated itself         holding company has, for a fee, purchased the right to
to either purchase or sell under exchange-traded option         either purchase or sell under exchange-traded option
contracts whose predominant risk characteristic is for-         contracts whose predominant risk characteristic is for-
eign exchange risk. In the case of option contracts             eign exchange risk. In the case of option contracts giving
obligating the reporting bank holding company to either         the reporting bank holding company the right to either
purchase or sell a foreign exchange futures contract,           purchase or sell a currency futures contract, report the
report the gross amount (stated in U.S. dollars) of the         gross amount (stated in U.S. dollars) of the foreign
foreign (non-U.S.) currency underlying the futures con-         (non-U.S.) currency underlying the futures contract.
tract. Exchange-traded options on major currencies such         Exchange-traded options on major currencies such as the
as the Japanese Yen and British Pound Sterling and              Japanese Yen and British Pound Sterling and options on
options on futures contracts of major currencies are            futures contracts of major currencies are examples of
examples of such contracts.                                     such contracts.
Column C, Written Exchange-Traded Equity Deriva-                Column C, Purchased Exchange-Traded Equity
tive Options. Report the contract amount for those              Derivative Options. Report the contract amount of
exchange-traded option contracts where the reporting            those exchange-traded option contracts where the report-
bank holding company has obligated itself, for compen-          ing bank holding company has, for a fee, purchased the
sation, to purchase or sell an equity instrument or equity      right to purchase or sell an equity instrument or equity
index.                                                          index.
Column D, Written Commodity and Other Exchange-                 Column D, Purchased Commodity and Other
Traded Options. Report the contract amount for those            Exchange-Traded Options. Report the contract amount
exchange-traded option contracts where the reporting            for those exchange-traded option contracts where the
bank holding company has obligated itself, for compen-          reporting bank holding company has, for a fee, or
sation, to purchase or sell a commodity or product.             premium, purchased the right to purchase or sell a
Include any other written, exchange-traded option that is       commodity or product. Include any other purchased,

FR Y-9C                                                                                                           HC-L-13
Schedule HC-L   June 2011
Schedule HC-L



exchange-traded option that is not reportable as an                                11. All other commitments to lend should be reported in
interest rate, foreign exchange, or equity derivative con-                         Schedule HC-L, item 1.
tract in column A, B, or C.
                                                                                   Line Item 11(d)(1)     Written options.
Line Item 11(d) Over-the-counter option contracts.
                                                                                   Report in this item the aggregate par value of the
Option contracts convey either the right or the obligation,
                                                                                   financial instruments or commodities that the reporting
depending upon whether the reporting bank holding
                                                                                   bank holding company has, for compensation (such as a
company is the purchaser or the writer, respectively, to
                                                                                   fee or premium), obligated itself to either purchase or sell
buy or sell a financial instrument or commodity at a
                                                                                   under OTC option contracts that are outstanding as of the
specified price by a specified future date. Options can be
                                                                                   report date. Also report the aggregate notional amount of
written to meet the specialized needs of the counterpar-
                                                                                   written caps, floors, and swaptions and for the written
ties to the transaction. These customized option contracts
                                                                                   portion of collars and corridors.
are known as over-the-counter (OTC) options. Thus,
over-the-counter option contracts include all option con-                          Column A, Written OTC Interest Rate Options.
tracts not traded on an organized exchange.                                        Interest rate options include options to purchase and sell
                                                                                   interest-bearing financial instruments and whose pre-
The buyer of an option contract has, for compensation
                                                                                   dominant risk characteristic is interest rate risk as well as
(such as a fee or premium), acquired the right (or option)
                                                                                   contracts known as caps, floors, collars, corridors, and
to sell to, or purchase from, another party some financial
                                                                                   swaptions. Include in this item the notional amount for
instrument or commodity at a stated price on a specified
                                                                                   interest rate caps and floors that the reporting bank
future date. The seller of the contract has, for such
                                                                                   holding company sells. For interest rate collars and
compensation, become obligated to purchase or sell the
                                                                                   corridors, report a notional amount for the written portion
financial instrument or commodity at the option of the
                                                                                   of the contract in Schedule HC-L, item 11(d)(1), column
buyer of the contract. A put option contract obligates the
                                                                                   A, and for the purchased portion of the contract in Sched-
seller of the contract to purchase some financial instru-
                                                                                   ule HC-L, item 11(d)(2), column A.
ment or commodity at the option of the buyer of the
contract. A call option contract obligates the seller of the                       Column B, Written OTC Foreign Exchange Options.
contract to sell some financial instrument or commodity                             A written currency option contract conveys the obliga-
at the option of the buyer of the contract.                                        tion to exchange two different currencies at a specified
                                                                                   exchange rate. Report in this item the gross amount
In addition, swaptions, i.e., options to enter into a swap-
                                                                                   (stated in U.S. dollars) of foreign (non-U.S.) currency and
contract, and contracts known as caps, floors, collars, and
                                                                                   U.S. dollar exchange that the reporting bank holding
corridors 2 should be reported as options.
                                                                                   company has, for compensation, obligated itself to either
Commitments to lend that meet the definition of a                                   purchase or sell under OTC option contracts whose
derivative and must be accounted for in accordance with                            predominant risk characteristic is foreign exchange risk.
ASC Topic 815, Derivatives and Hedging (formerly
                                                                                   Column C, Written OTC Equity Derivative Options.
FASB Statement No. 133, Accounting for Derivative
                                                                                   Report the contract amount for those OTC option con-
Instruments and Hedging Activities, as amended) are
                                                                                   tracts where the reporting bank holding company has
considered options for purposes of Schedule HC-L, item
                                                                                   obligated itself, for compensation, to purchase or sell an
                                                                                   equity instrument or equity index.
   2. A cap is a contract under which the purchaser has, for compensation
(such as a fee or premium), acquired the right to receive a payment from           Column D, Written Commodity and Other OTC
the seller if a specified index rate, e.g., LIBOR, rises above a designated         Options. Report the contract amount for those OTC
strike rate. Payments are based on the principal amount or notional amount         option contracts where the reporting bank holding com-
of the cap, although no exchange of principal takes place. A floor is similar       pany has obligated itself, for compensation, to purchase
to a cap except that the purchaser has, for compensation (such as a fee or
                                                                                   or sell a commodity or product. Include any other
premium), acquired the right to receive a payment from the seller if the
specified index rate falls below the strike rate. A collar is the simultaneous      written, OTC option that is not reportable as an interest
purchase of a cap (with a strike rate at one index rate) and sale of a floor        rate, foreign exchange, or equity derivative contract in
(with a strike rate at a lower index rate), designed to maintain interest rates.   column A, B, or C.

HC-L-14                                                                                                                                 FR Y-9C
                                                                                                                       Schedule HC-L   June 2011
Schedule HC-L



Line Item 11(d)(2)      Purchased options.                      contracts should be reported as swaps. The notional
                                                                amount of a swap is the underlying principal amount
Report in this item the aggregate par value of the
                                                                upon which the exchange of interest, foreign exchange or
financial instruments or commodities that the reporting
                                                                other income or expense is based. The notional amount
bank holding company has, for a fee or premium, pur-
                                                                reported for a swap contract with a multiplier component
chased the right to either purchase or sell under OTC
                                                                is the contract’s effective notional amount. In those cases
option contracts that are outstanding as of the report date.
                                                                where the reporting bank holding company is acting as an
Also report the aggregate notional amount for purchased
                                                                intermediary, both sides of the transaction are to be
caps, floors, and swaptions and for the purchased portion
                                                                reported.
of collars and corridors.
Column A, Purchased OTC Interest Rate Options.                  Column A, Interest Rate Swaps. Report the notional
Interest rate options include options to purchase and sell      amount of all outstanding interest rate and basis swaps
interest-bearing financial instruments and whose pre-            whose predominant risk characteristic is interest rate risk.
dominant risk characteristic is interest rate risk as well as   Column B, Foreign Exchange Swaps. Report the
contracts known as caps, floors, collars, corridors, and         notional principal amount (stated in U.S. dollars) of all
swaptions. Include in this item the notional amount for         outstanding cross-currency interest rate swaps.
interest rate caps and floors that the reporting bank
holding company purchases. For interest rate collars and        A cross-currency interest rate swap is a contract in which
corridors, report a notional amount for the written portion     two parties agree to exchange principal amounts of
of the contract in Schedule HC-L, item 11(d)(1), column         different currencies, usually at the prevailing spot rate, at
A, and for the purchased portion of the contract in             the inception of an agreement which lasts for a certain
Schedule HC-L, item 11(d)(2), column A.                         number of years. At defined intervals over the life of the
                                                                swap, the counterparties exchange payments in the differ-
Column B, Purchased OTC Foreign Exchange                        ent currencies based on specified rates of interest. When
Options. Report in this item the gross amount (stated           the agreement matures, the principal amounts will be
in U.S. dollars) of foreign (non-U.S.) currency and U.S.        re-exchanged at the same spot rate. The notional amount
dollar exchange that the reporting bank holding company         of a cross-currency interest rate swap is generally the
has, for a fee or premium, purchased the right to either        underlying principal amount upon which the exchange is
purchase or sell under option contracts whose predomi-          based.
nant risk characteristic is foreign exchange risk.
                                                                Column C, Equity Swaps. Report the notional amount
Column C, Purchased OTC Equity Derivative                       of all outstanding equity or equity index swaps.
Options. Report the notional amount of those OTC
option contracts where the reporting bank holding com-          Column D, Commodity and Other Swaps. Report the
pany has, for a fee or premium, purchased the right to          notional principal amount of all other swap contracts that
purchase or sell an equity instrument or equity index.          are not reportable as either interest rate, foreign exchange,
                                                                or equity derivative contracts in column A, B, or C. The
Column D, Purchased Commodity and Other OTC                     notional amount to be reported for commodity contracts
Options. Report the contract amount for those option            with multiple exchanges of principal is the contractual
contracts where the reporting bank holding company              amount multiplied by the number of remaining payments
has, for a fee or premium, purchased the right to purchase      (or exchanges of principal) in the contract.
or sell a commodity or product. Include any other
purchased OTC option that is not reportable as an interest
rate, foreign exchange or equity derivative contract in         Line Item 12 Total gross notional amount of
column A, B, or C.                                              derivative contracts held for trading.
                                                                Report in the appropriate column, the total notional
Line Item 11(e)      Swaps.
                                                                amount or par value of those off-balance- sheet derivative
Swaps are contracts in which two parties agree to               contracts in Schedule HC-L, item 11 above that are held
exchange payment streams based on a specified notional           for trading purposes. Contracts held for trading purposes
amount for a specified period. Forward starting swap             include those used in dealing and other trading activities

FR Y-9C                                                                                                            HC-L-15
Schedule HC-L   June 2011
Schedule HC-L



accounted for at fair value with gains and losses recog-      in the instructions for Schedule HC-L, items 12 and 13
nized in earnings. Derivative instruments used to hedge       above.
trading activities should also be reported in this item.
                                                              All transactions within the bank holding company should
Derivative trading activities include (a) regularly dealing   be reported on a consolidated basis. For purposes of this
in interest rate contracts, foreign exchange contracts,       item, do not net (1) obligations of the reporting bank
equity derivative contracts, and other off-balance-sheet      holding company to buy against the bank holding com-
commodity contracts, (b) acquiring or taking positions        pany’s obligations to sell, (2) written options against
in such items principally for the purpose of selling in       purchased options, (3) positive fair values against nega-
the near term or otherwise with the intent to resell (or      tive fair values, or (4) contracts subject to bilateral
repurchase) in order to profit from short-term price           netting agreements.
movements, or (c) acquiring or taking positions in such       According to ASC Topic 820, Fair Value Measurements
items as an accommodation to customers.                       and Disclosures (formerly FASB Statement No. 157,
The trading department of a bank holding company or its       Fair Value Measurements), fair value is defined as the
subsidiaries may have entered into a derivative contract      price that would be received to sell an asset or paid to
with another department or business unit within the           transfer a liability in an orderly transaction between
consolidated bank holding company (and which has been         market participants in the asset’s or liability’s principal
reported on a consolidated basis in accordance with the       (or most advantageous) market at the measurement date.
instructions to Schedule HC-L, item 11 above). If the         For purposes of item 14, the reporting bank holding
trading department has also entered into a matching           company should determine the fair value of its derivative
contract with a counterparty outside the consolidated         contracts in the same manner that it determines the fair
bank holding company, the contract with the outside           value of these contracts for other financial reporting
counterparty should be designated as held for trading or      purposes, consistent with the guidance in ASC Topic
as held for purposes other than trading consistent with the   820.
contract’s designation for other financial reporting pur-
                                                              Line Item 14(a)     Contracts held for trading.
poses.
                                                              Report in the appropriate column and subitem the gross
Line Item 13 Total gross notional amount of                   positive and gross negative fair values of those contracts
derivative contracts held for purposes other than             held for trading reported in Schedule HC-L, item 12
trading.                                                      above.
Report in the appropriate column, the total notional          Line Item 14(a)(1)     Gross positive fair value.
amount or par value of those contracts in Schedule HC-L