[Federal Register Volume 73, Number 191 (Wednesday, October 1, 2008)]
[Notices]
[Pages 57205-57218]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E8-22988]


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DEPARTMENT OF THE TREASURY

Office of Thrift Supervision


Proposed Agency Information Collection Activities; Comment 
Request--Thrift Financial Report: Schedules SC, SO, VA, PD, LD, CC, CF, 
DI, SI, FV, FS, HC, CSS, CCR, and CMR

AGENCY: Office of Thrift Supervision (OTS), Treasury.

ACTION: Notice and request for comment.

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SUMMARY: The Department of the Treasury, as part of its continuing 
effort to reduce paperwork and respondent

[[Page 57206]]

burden, invites the general public and other Federal agencies to 
comment on proposed and continuing information collections, as required 
by the Paperwork Reduction Act of 1995, 44 U.S.C. 3507. Today, the 
Office of Thrift Supervision within the Department of the Treasury 
solicits comments on proposed changes to the Thrift Financial Report 
(TFR), Schedule SC--Consolidated Statement of Condition, Schedule SO--
Consolidated Statement of Operations, Schedule VA--Consolidated 
Valuation Allowances and Related Data, Schedule PD--Consolidated Past 
Due and Nonaccrual, Schedule LD--Loan Data, Schedule CC--Consolidated 
Commitments and Contingencies, Schedule CF--Consolidated Cash Flow 
Information, Schedule DI--Consolidated Deposit Information, Schedule 
SI--Supplemental Information, Schedule FS--Fiduciary and Related 
Services, Schedule HC--Thrift Holding Company, Schedule CSS--
Subordinate Organization Schedule, Schedule CCR--Consolidated Capital 
Requirement, and Schedule CMR--Consolidated Maturity and Rate, and on a 
proposed new schedule, Schedule FV--Consolidated Assets and Liabilities 
Measured at Fair Value on a Recurring Basis. The changes are proposed 
on a phased-in basis over 2009.
    At the end of the comment period, OTS will analyze the comments and 
recommendations received to determine if it should modify the proposed 
revisions prior to giving its final approval. OTS will then submit the 
revisions to the Office of Management and Budget (OMB) for review and 
approval.

DATES: Submit written comments on or before December 1, 2008.

ADDRESSES: Send comments to Information Collection Comments, Chief 
Counsel's Office, Office of Thrift Supervision, 1700 G Street, NW., 
Washington, DC 20552; send facsimile transmissions to FAX number (202) 
906-6518; send e-mails to [email protected]; or 
hand deliver comments to the Guard's Desk, east lobby entrance, 1700 G 
Street, NW., on business days between 9 a.m. and 4 p.m. All comments 
should refer to ``TFR Revisions--2009, OMB No. 1550-0023.'' OTS will 
post comments and the related index on the OTS Internet Site at http://www.ots.treas.gov. In addition, interested persons may inspect comments 
at the Public Reading Room, 1700 G Street, NW., by appointment. To make 
an appointment, call (202) 906-5922, send an e-mail to 
[email protected], or send a facsimile transmission to (202) 
906-7755.

FOR FURTHER INFORMATION CONTACT: You can access sample copies of the 
proposed March, June, and December 2009 TFR forms on OTS's Web site at 
http://www.ots.treas.gov or you may request them by electronic mail 
from [email protected]. You can request additional 
information about this proposed information collection from James 
Caton, Director, Financial Monitoring and Analysis Division, (202) 906-
5680, Office of Thrift Supervision, 1700 G Street, NW., Washington, DC 
20552.

SUPPLEMENTARY INFORMATION:
    Title: Thrift Financial Report.
    OMB Number: 1550-0023.
    Form Number: OTS 1313.
    Abstract: OTS is proposing to revise and extend for three years the 
TFR, which is currently an approved collection of information. All OTS-
regulated savings associations must comply with the information 
collections described in this notice. OTS collects this information 
each calendar quarter or less frequently if so stated. OTS uses this 
information to monitor the condition, performance, and risk profile of 
individual institutions and systemic risk among groups of institutions 
and the industry as a whole. Except for selected items, these 
information collections are not given confidential treatment.
    Current Action:
    OTS last revised the form and content of the TFR in a manner that 
significantly affected a substantial percentage of institutions in 
March 2007. During the past year OTS has evaluated its ongoing 
information needs. OTS recognizes that the TFR imposes reporting 
requirements, which are a component of the regulatory burden facing 
institutions. Another contributor to this regulatory burden is the 
examination process, particularly on-site examinations during which 
institution staff spends time and effort responding to inquiries and 
requests for information designed to assist examiners in evaluating the 
condition and risk profile of the institution. The amount of attention 
that examiners direct to risk areas of the institution under 
examination is, in large part, determined from TFR data. These data, 
and analytical reports including the Uniform Thrift Performance Report, 
assist examiners in scoping and making their preliminary assessments of 
risks during the planning phase of the examination.
    A risk-focused review of the information from an institution's TFR 
allows examiners to make preliminary risk assessments prior to onsite 
work. The degree of perceived risk determines the extent of the 
examination procedures that examiners initially plan for each risk 
area. If the outcome of these procedures reveals a higher level of risk 
in a particular area, the examiner adjusts the examination scope and 
procedures accordingly.
    TFR data are also a vital source of information for the monitoring 
and regulatory activities of OTS. Among their benefits, these 
activities aid in determining whether the frequency of an institution's 
examination cycle should remain at maximum allowed time intervals, 
thereby lessening overall regulatory burden. More risk-focused TFR data 
enhance the ability of OTS to assess whether an institution is 
experiencing changes in its risk profile that warrant immediate follow-
up, which may include accelerating the timing of an on-site 
examination.
    The FDIC is considering proposing an adjustment to the risk-based 
assessment system so that insured depository institutions with greater 
amounts of general unsecured long-term liabilities will be rewarded 
with a lower assessment rate. Currently, the TFR lacks information 
regarding the remaining maturities of unsecured ``other borrowings'' 
and subordinated notes and debentures. Therefore, OTS proposes to 
collect this information in the TFR so that the FDIC would be able to 
implement such an adjustment. More specifically, thrifts would report 
separate maturity distributions for ``other borrowings'' that are 
unsecured and for subordinated notes and debentures. The maturity 
distributions would include remaining maturities of one year or less, 
and over one year.
    In developing this proposal, OTS considered a range of potential 
information needs, particularly in the areas of credit risk, liquidity, 
and liabilities, and identified those additions to the TFR that are 
most critical and relevant to OTS in fulfilling its supervisory 
responsibilities. At the same time, OTS has identified certain existing 
TFR line items that are no longer sufficiently critical or useful to 
warrant their continued collection. OTS recognizes that the reporting 
burden that would result from the addition to the TFR of the new items 
discussed in this proposal would not be fully offset by the proposed 
elimination of, or establishment of reporting thresholds for, a limited 
number of other TFR items, thereby resulting in a net increase in 
reporting burden. Nevertheless, when

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viewing these proposed revisions to the TFR within a larger context, 
they help to enhance the on- and off-site supervision capabilities of 
OTS, which assist with controlling the overall regulatory burden on 
institutions.
    Thus, OTS is requesting comment on the following proposed revisions 
to the TFR that would be implemented on a phased-in basis over 2009. 
The proposed TFR changes that would take effect as of March 31, 2009, 
would eliminate one line item, revise the captions for seven existing 
items, add four new items, and eliminate confidential treatment of 
fiduciary income, expense, and loss data in Schedule FS and data in 
Schedule HC.
    The proposed TFR changes that would take effect as of June 30, 
2009, would eliminate two existing items, revise two existing items, 
add 77 new items, add six new reporting codes in Schedule CMR, and add 
four new questions to Schedule SI on whether a thrift is a trustee or 
custodian for certain types of accounts or provides certain services in 
connection with orders for securities transactions regardless of 
whether the thrift exercises trust powers.
    The proposed TFR revisions that would take effect December 31, 
2009, would eliminate the entire Schedule CSS from the TFR, would add 
75 new line items for assets and liabilities measured at fair value on 
a recurring basis in a new Schedule FV--Consolidated Assets and 
Liabilities Measured at Fair Value on a Recurring Basis for thrifts 
with total assets greater than $10 billion, and would revise Schedule 
FS--Fiduciary and Related Services by revising 14 existing line items 
and adding 68 new line items.
    For each of the proposed revisions of existing items or proposed 
new items, OTS is particularly interested in comments from institutions 
on whether the information that is proposed to be collected is readily 
available from existing institution records. OTS also invites comment 
on whether there are particular proposed revisions for which the new 
data would be of limited relevance for purposes of assessing risks in a 
specific segment of the savings association industry. In such cases, 
OTS requests comments on what criteria, e.g., an asset size threshold 
or some other measure, we should establish for identifying the specific 
segment of the savings association industry that we should require to 
report the proposed information. Finally, OTS seeks comment on whether, 
for a particular proposed revision, there is an alternative information 
set that could satisfy OTS data needs and be less burdensome for 
institutions to report than the new or revised items that OTS has 
proposed. OTS will consider all of the comments it receives as it 
formulates a final set of revisions to the TFR for implementation in 
2009.

A. Burden-Reducing Revision

    1. Eliminating Schedule CSS--Subordinate Organization Schedule;
    2. Eliminating line SI805, Sell private-label/third-party mutual 
funds/annuities?;
    3. Eliminating line SI860, Fee Income from the Sale/Servicing of 
Mutual Funds/Annuities; and
    4. Eliminating line CCR190, Minority Interest in Includable 
Subsidiaries.

B. Revisions of Existing Items

    1. Revising the caption of line SC800 from ``Minority Interest'' to 
``Noncontrolling Interest in Consolidated Subsidiaries'', and moving 
this line to the Equity Capital section of Schedule SC;
    2. Revising the caption of line SC80 from ``Total Equity Capital'' 
to ``Equity Capital Attributable to Noncontrolling Interest'';
    3. Revising the caption of line SC90 from ``Total Liabilities, 
Minority Interest, and Equity Capital'' to ``Total Liabilities and 
Equity Capital;
    4. Revising the caption of line SO91 from ``Net Income (Loss)'' to 
``Net Income or Loss Attributable to Controlling Interest'';
    5. Revising the caption for line SO430 from ``Noninterest Income--
Net Income (Loss) from Other--Sale of Assets Held for Sale and 
Available-for-Sale Securities'' to Noninterest Income--Net Income 
(Loss) from Other--Sale of Available-for-Sale Securities'';
    B. Revising the caption for line FS260 from ``Investment Management 
Agency Accounts--Amount of Managed Assets'' to ``Investment Management 
and Investment Advisory Accounts--Amount of Managed Assets'';
    6. Revising the caption for line FS262 from ``Investment Management 
Agency Accounts--Number of Managed Accounts'' to ``Investment 
Management and Investment Advisory Accounts--Number of Managed 
Accounts'';
    7. Revising the caption for line FS360 from ``Investment Management 
Agency Accounts'' to ``Investment Management & Investment Advisory 
Accounts'';
    8. Revising line FS410 to Noninterest-Bearing Deposits--Personal 
Trust and Agency, Investment Management Agency Accounts;
    9. Revising line FS415 to Interest-Bearing Deposits--Personal Trust 
and Agency, Investment Management Agency Accounts;
    10. Revising line FS420 to U.S. Treasury and U.S. Government Agency 
Obligations--Personal Trust and Agency, Investment Management Agency 
Accounts;
    11. Revising line FS425 to State, County, and Municipal 
Obligations--Personal Trust and Agency, Investment Management Agency 
Accounts;
    12. Revising line FS430 to Common Trust Funds and Collective 
Investment Funds--Personal Trust and Agency, Investment Management 
Agency Accounts;
    13. Revising line FS435 to Mutual Funds--Equity--Employee Benefit 
and Other Individual Retirement Accounts;
    14. Revising line FS440 to Mutual Funds--Money Market--All Other 
Accounts;
    15. Revising line FS445 to Mutual Funds--Other--Total;
    16. Revising line FS450 to Short-Term Obligations--Personal Trust 
and Agency, Investment Management Agency Accounts;
    17. Revising line FS455 to Other Notes and Bonds--Personal Trust 
and Agency, Investment Management Agency Accounts;
    18. Revising line FS460 to Common and Preferred Stocks--Personal 
Trust and Agency, Investment Management Agency Accounts;
    19. Revising the caption of line HC620 from ``Consolidated--
Minority Interest'' to ``Consolidated--Noncontrolling Interest in 
Consolidated Subsidiaries'';
    20. Revising the caption of line HC640 from ``Consolidated--Net 
Income for the Quarter'' to ``Consolidated--Net Income or Loss 
Attributable to Controlling Interest'';
    21. Revising the language for question HC840 from ``Is the holding 
company or any of its subsidiaries regulated by a foreign financial 
services regulator?'' to ``Is the holding company or any of its 
affiliates conducting operations outside of the U.S. through a foreign 
branch or subsidiary?''; and
    22. Revising the caption of line CCR105 from ``Investments in and 
Advances to Nonincludable Subsidiaries'' to ``Investments in, Advances 
to, and Noncontrolling Interest in Nonincludable Subsidiaries''.

C. New Items

    1. Adding a line, SC84, Total Equity Capital;
    2. Adding a line, SO431, Noninterest Income--Net Income (Loss) from 
Other--Sale of Loans and Leases Held for Sale;
    3. Adding a line, SO432, Noninterest Income--Net Income (Loss) from 
Other--Sale of Other Assets Held for Sale;

[[Page 57208]]

    4. Adding a line, SO440, ``Other-than-Temporary Impairment Charges 
on Debt and Equity Securities'';
    5. Adding a line, SO99, ``Net Income or Loss--Total'';
    6. Adding a line, SO93, ``Net Income or Loss Attributable to 
Noncontrolling Interest'';
    7. Adding a line, VA979, Credit Card Charge-Offs Related to Accrued 
Interest;
    8. Adding a line, PD40, Total Loans in Process of Foreclosure;
    9. Adding a line, PD415, Construction Loans in Process of 
Foreclosure;
    10. Adding a line, PD421, 1-4 Dwelling Units Secured by Revolving 
Open-End Loans in Process of Foreclosure;
    11. Adding a line, PD423, 1-4 Dwelling Units Secured by First Liens 
in Process of Foreclosure;
    12. Adding a line, PD424, 1-4 Dwelling Units Secured by Junior 
Liens in Process of Foreclosure;
    13. Adding a line, PD425, Multifamily (5 or more) Dwelling Units in 
Process of Foreclosure;
    14. Adding a line, PD435, Nonresidential Property (Except Land) in 
Process of Foreclosure;
    15. Adding a line PD438, Land Loans in Process of Foreclosure;
    16. Adding a line, LD111, High Loan-to-Value Loans Secured by 
Multifamily Properties without PMI or Government Guarantee: Balances at 
Quarter-End: 90% up to 100% LTV;
    17. Adding a line, LD121, High Loan-to-Value Loans Secured by 
Multifamily Properties without PMI or Government Guarantee: Balances at 
Quarter-End: 100% and greater LTV;
    18. Adding a line, LD211, High Loan-to-Value Loans Secured by 
Multifamily Properties without PMI or Government Guarantee: Past Due 
and Nonaccrual Balances: Past Due and Still Accruing: 30-89 Days: 90% 
up to 100% LTV;
    19. Adding a line, LD221, High Loan-to-Value Loans Secured by 
Multifamily Properties without PMI or Government Guarantee: Past Due 
and Nonaccrual Balances: Past Due and Still Accruing: 30-89 Days: 100% 
and greater LTV;
    20. Adding a line, LD231, High Loan-to-Value Loans Secured by 
Multifamily Properties without PMI or Government Guarantee: Past Due 
and Nonaccrual Balances: Past Due and Still Accruing: 90 Days or More: 
90% up to 100% LTV;
    21. Adding a line, LD241, High Loan-to-Value Loans Secured by 
Multifamily Properties without PMI or Government Guarantee: Past Due 
and Nonaccrual Balances: Past Due and Still Accruing: 90 Days or More: 
100% and greater LTV;
    22. Adding a line, LD251, High Loan-to-Value Loans Secured by 
Multifamily Properties without PMI or Government Guarantee: Past Due 
and Nonaccrual Balances: Nonaccrual: 90% up to 100% LTV;
    23. Adding a line, LD261, High Loan-to-Value Loans Secured by 
Multifamily Properties without PMI or Government Guarantee: Past Due 
and Nonaccrual Balances: Nonaccrual: 100% and greater LTV;
    24. Adding a line, LD311, High Loan-to-Value Loans Secured by 
Multifamily Properties without PMI or Government Guarantee: Charge-offs 
and Recoveries: Net Charge-offs (including Specific Valuation Allowance 
Provisions & Transfers from General to Specific Allowances): 90% up to 
100% LTV;
    25. Adding a line, LD321, High Loan-to-Value Loans Secured by 
Multifamily Properties without PMI or Government Guarantee: Charge-offs 
and Recoveries: Net Charge-offs (including Specific Valuation Allowance 
Provisions & Transfers From General to Specific Allowances): 100% and 
greater LTV;
    26. Adding a line, LD411, High Loan-to-Value Loans Secured by 
Multifamily Properties without PMI or Government Guarantee: Purchases: 
90% up to 100% LTV;
    27. Adding a line, LD421, High Loan-to-Value Loans Secured by 
Multifamily Properties without PMI or Government Guarantee: Purchases: 
100% and greater LTV;
    28. Adding a line, LD431, High Loan-to-Value Loans Secured by 
Multifamily Properties without PMI or Government Guarantee: 
Originations: 90% up to 100% LTV;
    29. Adding a line, LD441, High Loan-to-Value Loans Secured by 
Multifamily Properties without PMI or Government Guarantee: 
Originations: 100% and greater LTV;
    30. Adding a line, LD451, High Loan-to-Value Loans Secured by 
Multifamily Properties without PMI or Government Guarantee: Sales: 90% 
up to 100% LTV;
    31. Adding a line, LD461, High Loan-to-Value Loans Secured by 
Multifamily Properties without PMI or Government Guarantee: Sales: 100% 
and greater LTV;
    32. Adding a line, LD710, Construction Loans on 1-4 Dwelling Units 
with Capitalized Interest;
    33. Adding a line, LD715, Capitalized Interest on Construction 
Loans on 1-4 Dwelling Units Included in Current Quarter Income;
    34. Adding a line, LD720, Construction Loans on Multifamily (5 or 
More) Dwelling Units with Capitalized Interest;
    35. Adding a line, LD725, Capitalized Interest on Construction 
Loans on Multifamily (5 or More) Dwelling Units Included in Current 
Quarter Income;
    36. Adding a line, LD730, Construction Loans on Nonresidential 
Property (Except Land) with Capitalized Interest;
    37. Adding a line, LD735, Capitalized Interest on Construction 
Loans on Nonresidential Property (Except Land) Included in Current 
Quarter Income;
    38. Adding a line, CC469, Amount of Recourse Obligations on Loans 
in CC468 where Recourse Limited to 120 Days or Less;
    39. Adding a line, CC471, Amount of Recourse Obligations on Loans 
in CC468 where Recourse Extends Beyond 120 Days;
    40. Adding a line, CF365, Memo--Loans Sold with Recourse of 120 
Days or Less;
    41. Adding a line, CF366, Memo--Loans Sold with Recourse Greater 
Than 120 Days;
    42. Adding a line, DI230, Deposits Gathered through CDARS;
    43. Adding a line, DI630, Unsecured Federal Funds Purchased;
    44. Adding a line, DI635, Secured Federal Funds Purchased;
    45. Adding a line, DI641, Securities Sold Under Agreements to 
Repurchase;
    46. Adding a line, DI645, Unsecured ``Other Borrowings''--With a 
Remaining Maturity of One Year or Less;
    47. Adding a line, DI651, Unsecured ``Other Borrowings''--With a 
Remaining Maturity of Over One Year;
    48. Adding a line, DI655, Subordinated Debentures--With a Remaining 
Maturity of One Year or Less;
    49. Adding a line, DI660, Subordinated Debentures--With a Remaining 
Maturity of Over One Year;
    50. Adding a line, SI394, Pledged Loans;
    51. Adding a line, SI395, Pledged Securities;
    52. Adding a question SI901, ``Does the institution, without trust 
powers, act as trustee or custodian for Individual Health Savings 
Accounts, and other similar accounts that are invested in non-deposit 
products?'';
    53. Adding a question SI905, ``Does the institution provide 
custody, safekeeping or other services involving the acceptance of 
orders for the sale or purchase of securities?'';
    54. Adding a question SI911, ``Does the institution engage in third 
party broker arrangements, commonly referred to as ``networking'', to 
sell securities products or services to thrift customers?''; and
    55. Adding a question SI915, ``Does the institution sweep deposit 
funds into any open-end investment management company registered under 
the Investment Company Act of 1940 that

[[Page 57209]]

holds itself out as a money market fund?''.
    The following additions to the TFR are proposed for collection 
through a new Schedule FV that would be required from thrifts with 
total assets greater than $10 billion:
    56. Adding a line, FV110, Federal Funds Sold and Securities 
Purchased Under Agreements to Resell--Total Fair Value Reported;
    57. Adding a line, FV111, Federal Funds Sold and Securities 
Purchased Under Agreements to Resell--Amounts Netted in the 
Determination of Fair Value;
    58. Adding a line, FV112, Federal Funds Sold and Securities 
Purchased Under Agreements to Resell--Level 1 Fair Value Measurements;
    59. Adding a line, FV113, Federal Funds Sold and Securities 
Purchased Under Agreements to Resell--Level 2 Fair Value Measurements;
    60. Adding a line, FV114, Federal Funds Sold and Securities 
Purchased Under Agreements to Resell--Level 3 Fair Value Measurements;
    61. Adding a line, FV120, Trading Securities--Total Fair Value 
Reported;
    62. Adding a line, FV121, Trading Securities--Amounts Netted in the 
Determination of Fair Value;
    63. Adding a line, FV122, Trading Securities--Level 1 Fair Value 
Measurements;
    64. Adding a line, FV123, Trading Securities--Level 2 Fair Value 
Measurements;
    65. Adding a line, FV124, Trading Securities--Level 3 Fair Value 
Measurements;
    66. Adding a line, FV130, Available-for-Sale Securities--Total Fair 
Value Reported;
    67. Adding a line, FV131, Available-for-Sale Securities--Amounts 
Netted in the Determination of Fair Value;
    68. Adding a line, FV132, Available-for-Sale Securities--Level 1 
Fair Value Measurements;
    69. Adding a line, FV133, Available-for-Sale Securities--Level 2 
Fair Value Measurements;
    70. Adding a line, FV134, Available-for-Sale Securities--Level 3 
Fair Value Measurements;
    71. Adding a line, FV210, Loans and Leases--Total Fair Value 
Reported;
    72. Adding a line, FV211, Loans and Leases--Amounts Netted in the 
Determination of Fair Value;
    73. Adding a line, FV212, Loans and Leases--Level 1 Fair Value 
Measurements;
    74. Adding a line, FV213, Loans and Leases--Level 2 Fair Value 
Measurements;
    75. Adding a line, FV214, Loans and Leases--Level 3 Fair Value 
Measurements;
    76. Adding a line, FV240, Mortgage Servicing Rights--Total Fair 
Value Reported;
    77. Adding a line, FV241, Mortgage Servicing Rights--Amounts Netted 
in the Determination of Fair Value;
    78. Adding a line, FV242, Mortgage Servicing Rights--Level 1 Fair 
Value Measurements;
    79. Adding a line, FV243, Mortgage Servicing Rights--Level 2 Fair 
Value Measurements;
    80. Adding a line, FV244, Mortgage Servicing Rights--Level 3 Fair 
Value Measurements;
    81. Adding a line, FV250, Derivative Assets--Total Fair Value 
Reported;
    82. Adding a line, FV251, Derivative Assets--Amounts Netted in the 
Determination of Fair Value;
    83. Adding a line, FV252, Derivative Assets--Level 1 Fair Value 
Measurements;
    84. Adding a line, FV253, Derivative Assets--Level 2 Fair Value 
Measurements;
    85. Adding a line, FV254, Derivative Assets--Level 3 Fair Value 
Measurements;
    86. Adding a line, FV310, All Other Financial Assets--Total Fair 
Value Reported;
    87. Adding a line, FV311, All Other Financial Assets--Amounts 
Netted in the Determination of Fair Value;
    88. Adding a line, FV312, All Other Financial Assets--Level 1 Fair 
Value Measurements;
    89. Adding a line, FV313, All Other Financial Assets--Level 2 Fair 
Value Measurements;
    90. Adding a line, FV314, All Other Financial Assets--Level 3 Fair 
Value Measurements;
    91. Adding a line, FV360, Total Assets Measured at Fair Value on a 
Recurring Basis--Total Fair Value Reported;
    92. Adding a line, FV361, Total Assets Measured at Fair Value on a 
Recurring Basis--Amounts Netted in the Determination of Fair Value;
    93. Adding a line, FV362, Total Assets Measured at Fair Value on a 
Recurring Basis--Level 1 Fair Value Measurements;
    94. Adding a line, FV363, Total Assets Measured at Fair Value on a 
Recurring Basis--Level 2 Fair Value Measurements;
    95. Adding a line, FV364, Total Assets Measured at Fair Value on a 
Recurring Basis--Level 3 Fair Value Measurements;
    96. Adding a line, FV410, Federal Funds Purchased and Securities 
Sold Under Agreements to Repurchase--Total Fair Value Reported;
    97. Adding a line, FV411, Federal Funds Purchased and Securities 
Sold Under Agreements to Repurchase--Amounts Netted in the 
Determination of Fair Value;
    98. Adding a line, FV412, Federal Funds Purchased and Securities 
Sold Under Agreements to Repurchase--Level 1 Fair Value Measurements;
    99. Adding a line, FV413, Federal Funds Purchased and Securities 
Sold Under Agreements to Repurchase--Level 2 Fair Value Measurements;
    100. Adding a line, FV414, Federal Funds Purchased and Securities 
Sold Under Agreements to Repurchase--Level 3 Fair Value Measurements;
    101. Adding a line, FV420, Deposits--Total Fair Value Reported;
    102. Adding a line, FV421, Deposits--Amounts Netted in the 
Determination of Fair Value;
    103. Adding a line, FV422, Deposits--Level 1 Fair Value 
Measurements;
    104. Adding a line, FV423, Deposits--Level 2 Fair Value 
Measurements;
    105. Adding a line, FV424, Deposits--Level 3 Fair Value 
Measurements;
    106. Adding a line, FV440, Subordinated Debentures--Total Fair 
Value Reported;
    107. Adding a line, FV441, Subordinated Debentures--Amounts Netted 
in the Determination of Fair Value;
    108. Adding a line, FV442, Subordinated Debentures--Level 1 Fair 
Value Measurements;
    109. Adding a line, FV443, Subordinated Debentures--Level 2 Fair 
Value Measurements;
    110. Adding a line, FV444, Subordinated Debentures--Level 3 Fair 
Value Measurements;
    111. Adding a line, FV460, Other Borrowings--Total Fair Value 
Reported;
    112. Adding a line, FV461, Other Borrowings--Amounts Netted in the 
Determination of Fair Value;
    113. Adding a line, FV462, Other Borrowings--Level 1 Fair Value 
Measurements;
    114. Adding a line, FV463, Other Borrowings--Level 2 Fair Value 
Measurements;
    115. Adding a line, FV464, Other Borrowings--Level 3 Fair Value 
Measurements;
    116. Adding a line, FV470, Derivative Liabilities--Total Fair Value 
Reported;
    117. Adding a line, FV471, Derivative Liabilities--Amounts Netted 
in the Determination of Fair Value;
    118. Adding a line, FV472, Derivative Liabilities--Level 1 Fair 
Value Measurements;
    119. Adding a line, FV473, Derivative Liabilities--Level 2 Fair 
Value Measurements;

[[Page 57210]]

    120. Adding a line, FV474, Derivative Liabilities--Level 3 Fair 
Value Measurements;
    121. Adding a line, FV490, All Other Financial Liabilities--Total 
Fair Value Reported;
    122. Adding a line, FV491, All Other Financial Liabilities--Amounts 
Netted in the Determination of Fair Value;
    123. Adding a line, FV492, All Other Financial Liabilities--Level 1 
Fair Value Measurements;
    124. Adding a line, FV493, All Other Financial Liabilities--Level 2 
Fair Value Measurements;
    125. Adding a line, FV494, All Other Financial Liabilities--Level 3 
Fair Value Measurements;
    126. Adding a line, FV510, Total Liabilities Measured at Fair Value 
on a Recurring Basis--Total Fair Value Reported;
    127. Adding a line, FV511, Total Liabilities Measured at Fair Value 
on a Recurring Basis--Amounts Netted in the Determination of Fair 
Value;
    128. Adding a line, FV512, Total Liabilities Measured at Fair Value 
on a Recurring Basis--Level 1 Fair Value Measurements;
    129. Adding a line, FV513, Total Liabilities Measured at Fair Value 
on a Recurring Basis--Level 2 Fair Value Measurements;
    130. Adding a line, FV514, Total Liabilities Measured at Fair Value 
on a Recurring Basis--Level 3 Fair Value Measurements;
    131. Adding a line, FS234, IRAs, HSAs, and Similar Accounts--Amount 
of Managed Assets;
    132. Adding a line, FS235, IRAs, HSAs, and Similar Accounts--Amount 
of Nonmanaged Assets;
    133. Adding a line, FS236, IRAs, HSAs, and Similar Accounts--Number 
of Managed Accounts;
    134. Adding a line, FS237, IRAs, HSAs, and Similar Accounts--Number 
of Nonmanaged Accounts;
    135. Adding a line, FS261, Investment Management and Investment 
Advisory Accounts--Amount of Nonmanaged Assets;
    136. Adding a line, FS263, Investment Management and Investment 
Advisory Accounts--Number of Nonmanaged Accounts;
    137. Adding a line, FS264, Foundations and Endowments--Amount of 
Managed Assets;
    138. Adding a line, FS265, Foundations and Endowments--Amount of 
Nonmanaged Assets;
    139. Adding a line, FS266, Foundations and Endowments--Number of 
Managed Accounts;
    140. Adding a line, FS267, Foundations and Endowments--Number of 
Nonmanaged Accounts;
    141. Adding a line, FS335, Fiduciary and Related Services Income--
IRAs, HSAs, and Similar Accounts;
    142. Adding a line, FS411, Noninterest-Bearing Deposits--Employee 
Benefit and Other Individual Retirement Accounts;
    143. Adding a line, FS412, Noninterest-Bearing Deposits--All Other 
Accounts;
    144. Adding a line, FS413, Noninterest-Bearing Deposits--Total;
    145. Adding a line, FS416, Interest-Bearing Deposits--Employee 
Benefit and Other Individual Retirement Accounts;
    146. Adding a line, FS417, Interest-Bearing Deposits--All Other 
Accounts;
    147. Adding a line, FS418, Interest-Bearing Deposits--Total;
    148. Adding a line, FS421, U.S. Treasury and U.S. Government Agency 
Obligations--Employee Benefit and Other Individual Retirement Accounts;
    149. Adding a line, FS422, U.S. Treasury and U.S. Government Agency 
Obligations--All Other Accounts;
    150. Adding a line, FS423, U.S. Treasury and U.S. Government Agency 
Obligations--Total;
    151. Adding a line, FS426, State, County, and Municipal 
Obligations--Employee Benefit and Other Individual Retirement Accounts;
    152. Adding a line, FS427, State, County, and Municipal 
Obligations--All Other Accounts;
    153. Adding a line, FS428, State, County, and Municipal 
Obligations--Total;
    154. Adding a line, FS431, Common Trust Funds and Collective 
Investment Funds--Employee Benefit and Other Individual Retirement 
Accounts;
    155. Adding a line, FS432, Common Trust Funds and Collective 
Investment Funds--All Other Accounts;
    156. Adding a line, FS433, Common Trust Funds and Collective 
Investment Funds--Total;
    157. Adding a line, FS434, Mutual Funds--Equity--Personal Trust and 
Agency, Investment Management Agency Accounts;
    158. Adding a line, FS436, Mutual Funds--Equity--All Other 
Accounts;
    159. Adding a line, FS437, Mutual Funds--Equity--Total;
    160. Adding a line, FS438, Mutual Funds--Money Market--Personal 
Trust and Agency, Investment Management Agency Accounts;
    161. Adding a line, FS439, Mutual Funds--Money Market--Employee 
Benefit and Other Individual Retirement Accounts;
    162. Adding a line, FS441, Mutual Funds--Money Market--Total;
    163. Adding a line, FS442, Mutual Funds--Other--Personal Trust and 
Agency, Investment Management Agency Accounts;
    164. Adding a line, FS443, Mutual Funds--Other--Employee Benefit 
and Other Individual Retirement Accounts;
    165. Adding a line, FS444, Mutual Funds--Other--All Other Accounts;
    166. Adding a line, FS451, Short-Term Obligations--Employee Benefit 
and Other Individual Retirement Accounts;
    167. Adding a line, FS452, Short-Term Obligations--All Other 
Accounts;
    168. Adding a line, FS453, Short-Term Obligations--Total;
    169. Adding a line, FS456, Other Notes and Bonds--Employee Benefit 
and Other Individual Retirement Accounts;
    170. Adding a line, FS457, Other Notes and Bonds--All Other 
Accounts;
    171. Adding a line, FS458, Other Notes and Bonds--Total;
    172. Adding a line, FS461, Common and Preferred Stocks--Employee 
Benefit and Other Individual Retirement Accounts;
    173. Adding a line, FS462, Common and Preferred Stocks--All Other 
Accounts;
    174. Adding a line, FS463, Common and Preferred Stocks--Total;
    175. Adding a line, FS465, Real Estate Mortgages--Personal Trust 
and Agency, Investment Management Agency Accounts;
    176. Adding a line, FS466, Real Estate Mortgages--Employee Benefit 
and Other Individual Retirement Accounts;
    177. Adding a line, FS467, Real Estate Mortgages--All Other 
Accounts;
    178. Adding a line, FS468, Real Estate Mortgages--Total;
    179. Adding a line, FS470, Real Estate--Personal Trust and Agency, 
Investment Management Agency Accounts;
    180. Adding a line, FS471, Real Estate--Employee Benefit and Other 
Individual Retirement Accounts;
    181. Adding a line, FS472, Real Estate--All Other Accounts;
    182. Adding a line, FS473, Real Estate--Total;
    183. Adding a line, FS475, Miscellaneous Assets--Personal Trust and 
Agency, Investment Management Agency Accounts;
    184. Adding a line, FS476, Miscellaneous Assets--Employee Benefit 
and Other Individual Retirement Accounts;
    185. Adding a line, FS477, Miscellaneous Assets--All Other 
Accounts;
    186. Adding a line, FS478, Miscellaneous Assets--Total;
    187. Adding a line, FS480, Investments in Unregistered Funds and

[[Page 57211]]

Private Equity Investments--Personal Trust and Agency, Investment 
Management Agency Accounts;
    188. Adding a line, FS481, Investments in Unregistered Funds and 
Private Equity Investments--Employee Benefit and Other Individual 
Retirement Accounts;
    189. Adding a line, FS482, Investments in Unregistered Funds and 
Private Equity Investments--All Other Accounts;
    190. Adding a line, FS483, Investments in Unregistered Funds and 
Private Equity Investments--Total;
    191. Adding a line, FS490, Total Managed Assets--Personal Trust and 
Agency, Investment Management Agency Accounts;
    192. Adding a line, FS491, Total Managed Assets--Employee Benefit 
and Other Individual Retirement Accounts;
    193. Adding a line, FS492, Total Managed Assets--All Other 
Accounts;
    194. Adding a line, FS493, Total Managed Assets--Total;
    195. Adding a line, FS495, Investments of Managed Fiduciary 
Accounts in Advised or Sponsored Mutual Funds--Market Value of 
Discretionary Investments in Proprietary Mutual Funds;
    196. Adding a line, FS496, Investments of Managed Fiduciary 
Accounts in Advised or Sponsored Mutual Funds--Number of Managed Assets 
Holding Investments in Proprietary Mutual Funds;
    197. Adding a line, FS516, Corporate and Municipal Trusteeships--
Issues Reported in FS520 and FS515 that are in Default--Number of 
Issues;
    198. Adding a line, FS517, Corporate and Municipal Trusteeships--
Issues Reported in FS520 and FS515 that are in Default--Principal 
Amount Outstanding;
    199. Adding a line, HC221, Parent Only Perpetual Preferred Stock: 
Cumulative;
    200. Adding a line, HC222, Parent Only Perpetual Preferred Stock: 
Noncumulative;
    201. Adding a line, HC223, Parent Only Common Stock: Par Value;
    202. Adding a line, HC224, Parent Only Common Stock: Paid in Excess 
of Par;
    203. Adding a line, HC225, Parent Only Accumulated Other 
Comprehensive Income: Unrealized Gains (Losses) on Available-for-Sale 
Securities;
    204. Adding a line, HC226, Parent Only Accumulated Other 
Comprehensive Income: Gains (Losses) on Cash Flow Hedges;
    205. Adding a line, HC227, Parent Only Accumulated Other 
Comprehensive Income: Other;
    206. Adding a line, HC228, Parent Only Retained Earnings;
    207. Adding a line, HC229, Parent Only Other Components of Equity 
Capital;
    208. Adding a line, HC301, Parent Only Cash, Deposits, and 
Investment Securities;
    209. Adding a line, HC505, Parent Only Interest Income;
    210. Adding a line, HC509, Parent Only Total Income;
    211. Adding a line, HC570, Parent Only Total Expense;
    212. Adding a line, HC571, Parent Only Total Income Taxes;
    213. Adding a line, HC575, Parent Only Dividends Paid;
    214. Adding a line, HC601, Consolidated Cash, Deposits, and 
Investment Securities;
    215. Adding a line, HC621, Consolidated Perpetual Preferred Stock: 
Cumulative;
    216. Adding a line, HC622, Consolidated Perpetual Preferred Stock: 
Noncumulative;
    217. Adding a line, HC623, Consolidated Common Stock: Par Value;
    218. Adding a line, HC624, Consolidated Common Stock: Paid in 
Excess of Par;
    219. Adding a line, HC625, Consolidated Accumulated Other 
Comprehensive Income: Unrealized Gains (Losses) on Available-for-Sale 
Securities;
    220. Adding a line, HC626, Consolidated Accumulated Other 
Comprehensive Income: Gains (Losses) on Cash Flow Hedges;
    221. Adding a line, HC627, Consolidated Accumulated Other 
Comprehensive Income: Other;
    222. Adding a line, HC628, Consolidated Only Retained Earnings;
    223. Adding a line, HC629, Consolidated Only Other Components of 
Equity Capital. >224. Adding a line, HC705, Consolidated Interest 
Income;
    225. Adding a line, HC709, Consolidated Total Income;
    226. Adding a line, HC770, Consolidated Total Expense;
    227. Adding a line, HC771, Consolidated Total Income Taxes;
    228. Adding a line, HC775, Consolidated Dividends Paid;
    229. Adding a new code to Schedule CMR, Miscellaneous: 
Collateralized Debt Obligations: Carrying Value;
    230. Adding a new code to Schedule CMR, Miscellaneous: 
Collateralized Debt Obligations: Market Value;
    231. Adding a new code to Schedule CMR, Miscellaneous: 
Collateralized Loan Obligations: Carrying Value; >232. Adding a new 
code to Schedule CMR, Miscellaneous: Collateralized Loan Obligations: 
Market Value;
    233. Adding a new code to Schedule CMR, Miscellaneous: Commercial 
Mortgage-Backed Securities: Carrying Value; and
    234. Adding a new code to Schedule CMR, Miscellaneous: Commercial 
Mortgage-Backed Securities: Market Value.

D. Eliminating Confidential Treatment of Schedule FS and Schedule HC 
Data

    The specific wording of the captions for the new and revised TFR 
items discussed in this proposal and the numbering of these items in 
the report is preliminary.

II. Discussion of Revisions Proposed for March 2009

A. Backgound

    In December 2007, the Financial Accounting Standards Board issued 
Statement of Financial Accounting Standards No. 160, ``Noncontrolling 
Interests in Consolidated Financial Statements'' (FAS 160). Under this 
Statement, a noncontrolling interest, formerly referred to as a 
minority interest, is that portion of total stockholders' equity and 
total net income or loss that is not attributable, directly or 
indirectly, to the parent; that is, to the controlling interest. FAS 
160 changes the placement of the noncontrolling interest on the balance 
sheet and income statement. For savings associations and holding 
companies with a calendar year-end, the Statement becomes effective in 
the first quarter of 2009. Accordingly, OTS proposes to make certain 
changes to Schedules SC, SO, HC, and CCR.

B. Elimination of Existing Items

    1. As a result of the issuance of FAS 160 (see Background above), 
OTS proposes to eliminate line CCR190, Minority Interest in Includable 
Subsidiaries.

C. Revision of Existing Items

    1. As a result of the issuance of FAS 160 (see Background above), 
OTS proposes to revise the captions of lines SC800, Minority Interest, 
SC80, Total Equity Capital, SC90, Total Liabilities, Minority Interest, 
and Equity Capital, SO 91, Net Income (Loss), HC620, Minority Interest, 
HC640, Net Income for the Quarter, and CCR105, Minority Interest in 
Nonincludable Subsidiaries.

D. New Items

    1. As a result of the issuance of FAS 160 (see Background above), 
OTS proposes to add lines SC84, Total Equity Capital, SO99, Net Income 
or Loss--Total, and SO93, Net Income or Loss Attributable to 
Noncontrolling Interest.

[[Page 57212]]

    2. To separately capture impairment charges on debt and equity 
securities, OTS proposes to add line SO440, Other-than-Temporary 
Impairment Charges on Debt and Equity Securities.

E. Eliminating Confidential Treatment of Schedule FS and Schedule HC 
Data

    An important public policy issue for the federal banking regulatory 
agencies has been how to use market discipline to complement 
supervisory resources. Market discipline relies on market participants 
having sufficient appropriate information about the financial condition 
and risks of banks, thrifts, and their holding companies. The TFR is 
widely used by securities analysts, rating agencies, and large 
institutional investors as sources of thrift-specific data. Disclosure 
that increases transparency should lead to more accurate market 
assessments of individual banks' performance and risks. This, in turn, 
should result in more effective market discipline on thrifts.
    Despite this emphasis on market discipline, OTS currently accords 
confidential treatment to the information that certain institutions 
report in Schedule FS--Fiduciary and Related Services, on fiduciary and 
related services income, expenses, and losses reported on lines FS310 
through FS393, FS30, and FS35; and on fiduciary settlements, 
surcharges, and other losses reported on lines FS710 through FS742, 
FS70, FS71, and FS72. OTS also accords confidential treatment to all of 
the information that certain institutions report in Schedule HC--Thrift 
Holding Company.
1. Eliminating Confidential Treatment of Schedule FS Data
    Data on fiduciary and related services income, expenses, and losses 
is treated as confidential on an individual institution basis. 
Nevertheless, OTS publishes aggregate data derived from these 
confidential items. OTS does not preclude institutions from publicly 
disclosing the fiduciary and related services income, expense, and loss 
data that the agencies treat as confidential.
    In addition, under the Uniform Interagency Trust Rating System, the 
agencies assign a rating to the earnings of an institution's fiduciary 
activities at those institutions with fiduciary assets of more than 
$100 million, which are also the institutions that report their 
fiduciary and related services income, expenses, and losses in Call 
Report Schedule RC-T. The agencies' evaluation of an institution's 
trust earnings considers such factors as the profitability of fiduciary 
activities in relation to the size and scope of those activities and 
the institution's overall business, taking this into account by 
functions and product lines. Although the agencies' ratings for 
individual institutions are not publicly available, the reason for 
rating the trust earnings of institutions with more than $100 million 
in fiduciary assets--its effect on the financial condition of the 
institution--means that fiduciary and related services income, 
expenses, and losses information for these institutions is also 
relevant to market participants and others in the public as they seek 
to evaluate the financial condition and performance of individual 
institutions. Increasing the transparency of institutions' fiduciary 
activities by making individual institutions' fiduciary income, 
expense, and loss data available to the public should improve the 
market's ability to assess these institutions' performance and risks 
and thereby enhance market discipline. Accordingly, the agencies are 
proposing to eliminate the confidential treatment for the data on 
fiduciary and related services income, expenses, and losses that are 
reported in Schedule RC-T beginning with the amounts reported as of 
March 31, 2009.
2. Eliminating Confidential Treatment of Schedule HC Data
    OTS is requesting comments on the continued confidential treatment 
of data filed by individual thrift holding companies on Schedule HC. 
OTS presently does not publicly release Schedule HC data filed by 
holding companies. However, many public requests are received for these 
data. In addition, some rating agencies have indicated thrift holding 
company debt ratings suffer due to the lack of publicly available data.

III. Discussion of Revisions Proposed for June 2009

A. Elimination of Existing Items:

1. Schedule SI--Consolidated Supplemental Information
    OTS proposes to eliminate the following two line items from 
Schedule SI:
    SI805, Sell private-label/third-party mutual funds/annuities; and
    SI860--Fee Income from the Sale/Servicing of Mutual Funds/
Annuities.
    Line SI805 is a yes/no question regarding the sale of private label 
or third party mutual funds and annuities. Line SI860 reports the 
amount of fee income from the sale and servicing of mutual funds and 
annuities. Institutions that provided a yes response to line SI805 will 
now provide the same response to new line SI911. OTS believes the data 
reported in line SI860 can be collected independently of the TFR 
reporting system during the examination process.

B. Revisions of Existing Items:

    1. Revising the caption for line SO430 from ``Noninterest Income--
Net Income (Loss) from Other--Sale of Assets Held for Sale and 
Available-for-Sale Securities'' to Noninterest Income--Net Income 
(Loss) from Other--Sale of Available-for-Sale Securities'' to 
separately report gains and losses on the sale of available-for-sale 
securities from gains and losses on loans and leases held for sale and 
on other assets held for sale. Gains and losses on loans and leases 
held for sale and on other assets held for sale would be reported in 
new lines SO431 and SO432 described below; and
    2. Revising the language for question HC840 from ``Is the holding 
company or any of its subsidiaries regulated by a foreign financial 
services regulator?'' to ``Is the holding company or any of its 
affiliates conducting operations outside of the U.S. through a foreign 
branch or subsidiary?'' This line is being revised to more fully 
identify holding companies with foreign operations, including parallel 
banking operations. A parallel banking organization exists when at 
least one U.S. bank and one foreign financial institution are 
controlled either directly or indirectly by the same person or group of 
persons who are closely associated in their business dealings or 
otherwise acting together, but are not subject to consolidated 
supervision by a single home country supervisor. A foreign financial 
institution includes a holding company of the foreign bank and any U.S. 
or foreign affiliates of the foreign bank.

C. New Items

1. Noninterest Income
    OTS proposes to add two lines related to gains and losses on the 
sale of loans and leases held for sale and on other assets held for 
sale:
    SO431, Noninterest Income--Net Income (Loss) from Other--Sale of 
Loans and Leases Held for Sale; and
    SO432, Noninterest Income--Net Income (Loss) from Other--Sale of 
Other Assets Held for Sale.
    These new lines, in conjunction with the revised line SO430 
described above, will allow thrifts to separately report gains and 
losses on the sale of available-for-sale securities, on loans and 
leases held for sale, and on other assets held for sale.

[[Page 57213]]

2. Credit Card Charge-Offs Related to Accrued Interest

    OTS proposes to add a line, VA979, Credit Card Charge-Offs Related 
to Accrued Interest, to capture data on the amount of credit card 
charge-offs that are due to accrued interest. This change is being made 
at the request of the FDIC to improve their deposit insurance premium 
assessment process.
3. Loans in Process of Foreclosure
    OTS proposes to add a series of eight lines to Schedule PD related 
to loans in the process of foreclosure:
    PD40, Total Loans in Process of Foreclosure;
    PD415, Construction Loans in Process of Foreclosure;
    PD421, 1-4 Dwelling Units Secured by Revolving Open-End Loans in 
Process of Foreclosure;
    PD423, 1-4 Dwelling Units Secured by First Liens in Process of 
Foreclosure;
    PD424, 1-4 Dwelling Units Secured by Junior Liens in Process of 
Foreclosure;
    PD425, Multifamily (5 or more) Dwelling Units in Process of 
Foreclosure;
    PD435, Nonresidential Property (Except Land) in Process of 
Foreclosure; and
    PD438, Land Loans in Process of Foreclosure.
    OTS believes these new line items will provide additional detail on 
the various types of real estate loans in the process of foreclosure. 
With these new data items, OTS will be better able to monitor the asset 
quality and risk profiles of thrifts.
    Thrifts would report total unpaid principal balance of loans 
secured by the various types of real estate for which formal 
foreclosure proceedings to seize the real estate collateral have 
started and are ongoing as of quarter-end, regardless of the date the 
foreclosure procedure was initiated. Loans would be classified as in 
process of foreclosure according to local requirements.
4. High Loan-to-Value Loans Secured by Multifamily Properties without 
PMI or Government Guarantee
    OTS proposes to add a series of 16 lines to Schedule LD related to 
high loan-to-value loans secured by multifamily properties without 
private mortgage insurance (PMI) or government guarantee:
    LD111, High Loan-to-Value Loans Secured by Multifamily Properties 
without PMI or Government Guarantee: Balances at Quarter-End: 90% up to 
100% LTV;
    LD121, High Loan-to-Value Loans Secured by Multifamily Properties 
without PMI or Government Guarantee: Balances at Quarter-End: 100% and 
greater LTV;
    LD211, High Loan-to-Value Loans Secured by Multifamily Properties 
without PMI or Government Guarantee: Past Due and Nonaccrual Balances: 
Past Due and Still Accruing: 30-89 Days: 90% up to 100% LTV;
    LD221, High Loan-to-Value Loans Secured by Multifamily Properties 
without PMI or Government Guarantee: Past Due and Nonaccrual Balances: 
Past Due and Still Accruing: 30-89 Days: 100% and greater LTV;
    LD231, High Loan-to-Value Loans Secured by Multifamily Properties 
without PMI or Government Guarantee: Past Due and Nonaccrual Balances: 
Past Due and Still Accruing: 90 Days or More: 90% up to 100% LTV;
    LD241, High Loan-to-Value Loans Secured by Multifamily Properties 
without PMI or Government Guarantee: Past Due and Nonaccrual Balances: 
Past Due and Still Accruing: 90 Days or More: 100% and greater LTV;
    LD251, High Loan-to-Value Loans Secured by Multifamily Properties 
without PMI or Government Guarantee: Past Due and Nonaccrual Balances: 
Nonaccrual: 90% up to 100% LTV;
    LD261, High Loan-to-Value Loans Secured by Multifamily Properties 
without PMI or Government Guarantee: Past Due and Nonaccrual Balances: 
Nonaccrual: 100% and greater LTV;
    LD311, High Loan-to-Value Loans Secured by Multifamily Properties 
without PMI or Government Guarantee: Charge-offs and Recoveries: Net 
Charge-offs (including Specific Valuation Allowance Provisions & 
Transfers from General to Specific Allowances): 90% up to 100% LTV;
    LD321, High Loan-to-Value Loans Secured by Multifamily Properties 
without PMI or Government Guarantee: Charge-offs and Recoveries: Net 
Charge-offs (including Specific Valuation Allowance Provisions & 
Transfers From General to Specific Allowances): 100% and greater LTV;
    LD411, High Loan-to-Value Loans Secured by Multifamily Properties 
without PMI or Government Guarantee: Purchases: 90% up to 100% LTV;
    LD421, High Loan-to-Value Loans Secured by Multifamily Properties 
without PMI or Government Guarantee: Purchases: 100% and greater LTV;
    LD431, High Loan-to-Value Loans Secured by Multifamily Properties 
without PMI or Government Guarantee: Originations: 90% up to 100% LTV;
    LD441, High Loan-to-Value Loans Secured by Multifamily Properties 
without PMI or Government Guarantee: Originations: 100% and greater 
LTV;
    LD451, High Loan-to-Value Loans Secured by Multifamily Properties 
without PMI or Government Guarantee: Sales: 90% up to 100% LTV; and
    LD461, High Loan-to-Value Loans Secured by Multifamily Properties 
without PMI or Government Guarantee: Sales: 100% and greater LTV.
    OTS believes these new line items will provide additional detail on 
high loan-to-value loans secured by multifamily properties held by 
thrifts, including detail on delinquencies, nonaccruals, and net 
charge-offs, and data on such loans originated, purchased, or sold 
during the reporting period. With these new data items, OTS will be 
better able to monitor the risk profiles of thrifts with concentrations 
of high loan-to-value multifamily mortgage loans.
5. Construction Loans with Capitalized Interest
    OTS proposes to add a series of six lines to Schedule LD related to 
construction loans with capitalized interest:
    LD710, Construction Loans on 1-4 Dwelling Units with Capitalized 
Interest;
    LD715, Capitalized Interest on Construction Loans on 1-4 Dwelling 
Units Included in Current Quarter Income;
    LD720, Construction Loans on Multifamily (5 or More) Dwelling Units 
with Capitalized Interest;
    LD725, Capitalized Interest on Construction Loans on Multifamily (5 
or More) Dwelling Units Included in Current Quarter Income;
    LD730, Construction Loans on Nonresidential Property (Except Land) 
with Capitalized Interest; and
    LD735, Capitalized Interest on Construction Loans on Nonresidential 
Property (Except Land) Included in Current Quarter Income.
    OTS believes these new line items will provide additional detail on 
the use of capitalized interest in connection with various types of 
construction loans. With these new data items, OTS will be better able 
to monitor the risk profiles of thrifts with concentrations of 
construction loans.
6. Recourse Obligations on Loans in Line CC468
    OTS proposes to add two lines to Schedule CC related to recourse 
obligations on loans in CC468, Amount of Recourse Obligations on Assets 
in CC455 (Line CC455 is the Total Principal Amount of Assets Covered by 
Recourse Obligations or Direct Credit Substitutes):

[[Page 57214]]

    CC469, Amount of Recourse Obligations on Loans in CC468 where 
Recourse Limited to 120 Days or Less; and
    CC471, Amount of Recourse Obligations on Loans in CC468 where 
Recourse Extends Beyond 120 Days.
    OTS believes these new line items will provide additional detail on 
the amount of assets with recourse obligations held by thrifts.
7. Loans Sold with Recourse
    OTS proposes to add two lines to Schedule CF related to loans sold 
during the current reporting period with recourse obligations:
    CF365, Memo--Loans Sold with Recourse of 120 Days or Less; and
    CF366, Memo--Loans Sold with Recourse Greater Than 120 Days.
    OTS believes these new line items will provide additional detail on 
the quarterly amount of loans sold with recourse obligations held by 
thrifts.
8. Deposits Gathered Through CDARS
    OTS proposes to add a line to Schedule DI related to deposits 
gathered through the Certificate of Deposit Account Registry Service 
(CDARS):
    DI230, Deposits Gathered through CDARS.
    CDARS member institutions accept depositor funds and place these 
into certificates of deposit issued by financial institutions in the 
network. This occurs in amounts that ensure that both principal and 
interest are eligible for full FDIC insurance. OTS believes this new 
line item will provide additional detail on the deposit funding sources 
used by thrifts.
9. Additions for Deposit Assessment-Related Purposes
    At the request of the Federal Deposit Insurance Corporation for 
deposit assessment-related purposes, the OTS proposes to add the 
following seven lines to Schedule DI:
    DI630, Unsecured Federal Funds Purchased;
    DI635, Secured Federal Funds Purchased;
    DI641, Securities Sold Under Agreements to Repurchase;
    DI645, Unsecured ``Other Borrowings''--With a Remaining Maturity of 
One Year or Less;
    DI651, Unsecured ``Other Borrowings''--With a Remaining Maturity of 
Over One Year;
    DI655, Subordinated Debentures--With a Remaining Maturity of One 
Year or Less; and
    DI660, Subordinated Debentures--With a Remaining Maturity of Over 
One Year.
    The additional reporting detail by maturity is proposed as the FDIC 
plans to provide a reduction in assessment rates to institutions with 
longer-term unsecured borrowings and subordinated debt. The FDIC 
believes that such borrowing and debt will likely remain when an 
institution fails, thus providing a cushion to help protect the Deposit 
Insurance Fund.
10. Pledged Loans and Securities
    OTS proposes to add two lines to Schedule SI related to loans and 
securities pledged as collateral for loans:
    SI394, Pledged Loans; and
    SI395, Pledged Trading Assets.
    OTS believes these new line items will provide additional detail on 
the amount of loans and securities pledged by thrifts as collateral for 
loans. These data items will permit OTS to better monitor the risk 
profiles of thrifts with concentrations of pledged loans and 
securities.
11. Questions Relating to Thrift Activities
    OTS proposes to add the following four new questions to Schedule 
SI:
    SI901, ``Does the institution, without trust powers, act as trustee 
or custodian for Individual Health Savings Accounts, and other similar 
accounts that are invested in non-deposit products?'';
    SI905, ``Does the institution provide custody, safekeeping or other 
services involving the acceptance of orders for the sale or purchase of 
securities?'';
    SI911, ``Does the institution engage in third party broker 
arrangements, commonly referred to as `networking', to sell securities 
products or services to thrift customers?''; and
    SI915, ``Does the institution sweep deposit funds into any open-end 
investment management company registered under the Investment Company 
Act of 1940 that holds itself out as a money market fund?''.
    The questions relate to whether a thrift is a trustee or custodian 
for certain types of accounts or provides certain services in 
connection with orders for securities transactions regardless of 
whether the thrift exercises trust powers.
12. Holding Company Data
    OTS proposes to add a series of 30 lines to Schedule HC to provide 
additional detailed data on the thrift holding company parent and on a 
consolidated basis:
    HC221, Parent Only Perpetual Preferred Stock: Cumulative;
    HC222, Parent Only Perpetual Preferred Stock: Noncumulative;
    HC223, Parent Only Common Stock: Par Value;
    HC224, Parent Only Common Stock: Paid in Excess of Par;
    HC225, Parent Only Accumulated Other Comprehensive Income: 
Unrealized Gains (Losses) on Available-for-Sale Securities;
    HC226, Parent Only Accumulated Other Comprehensive Income: Gains 
(Losses) on Cash Flow Hedges;
    HC227, Parent Only Accumulated Other Comprehensive Income: Other;
    HC228, Parent Only Retained Earnings;
    HC229, Parent Only Other Components of Equity Capital;
    HC301, Parent Only Cash, Deposits, and Investment Securities;
    HC505, Parent Only Interest Income;
    HC509, Parent Only Total Income;
    HC570, Parent Only Total Expense;
    HC571, Parent Only Total Income Taxes;
    HC575, Parent Only Dividends Paid;
    HC601, Consolidated Cash, Deposits, and Investment Securities;
    HC621, Consolidated Perpetual Preferred Stock: Cumulative;
    HC622, Consolidated Perpetual Preferred Stock: Noncumulative;
    HC623, Consolidated Common Stock: Par Value;
    HC624, Consolidated Common Stock: Paid in Excess of Par;
    HC625, Consolidated Accumulated Other Comprehensive Income: 
Unrealized Gains (Losses) on Available-for-Sale Securities;
    HC626, Consolidated Accumulated Other Comprehensive Income: Gains 
(Losses) on Cash Flow Hedges;
    HC627, Consolidated Accumulated Other Comprehensive Income: Other;
    HC628, Consolidated Only Retained Earnings;
    HC629, Consolidated Only Other Components of Equity Capital.
    HC705, Consolidated Interest Income;
    HC709, Consolidated Total Income;
    HC770, Consolidated Total Expense;
    HC771, Consolidated Total Income Taxes; and
    HC775, Consolidated Dividends Paid.
    OTS believes these new line items will provide additional detail on 
thrift holding companies. With these new data items, OTS will be better 
able to monitor the risk profiles of thrift holding companies.
13. New Codes for Schedule CMR
    OTS proposes to add a series of six new codes to Schedule CMR to 
provide additional reporting detail on collateralized debt obligations 
(CDOs), collateralized loan obligations (CLOs), and commercial 
mortgage-backed securities (CMBSs):
    Collateralized Debt Obligations: Carrying Value;

[[Page 57215]]

    Collateralized Debt Obligations: Market Value;
    Collateralized Loan Obligations: Carrying Value;
    Collateralized Loan Obligations: Market Value;
    Commercial Mortgage-Backed Securities: Carrying Value; and
    Commercial Mortgage-Backed Securities: Market Value.
    CDOs are a type of asset-backed security and structured credit 
product. CDOs are constructed from a portfolio of fixed-income assets 
that are pooled together and passed on to different classes of owners.
    CLOs are a type of asset-backed security and structured credit 
product. CLOs are structured from a portfolio of nonmortgage business 
loans that are pooled together and passed on to different classes of 
owners.
    CMBSs are a type of asset-backed security and structured credit 
product. CMBSs are structured from a portfolio of commercial mortgage 
loans that are pooled together and passed on to different classes of 
owners.

IV. Discussion of Revisions Proposed for December 2009

A. Burden-Reducing Revision

1. Eliminating Schedule CSS--Subordinate Organization Schedule
    OTS proposes to eliminate Schedule CSS from the TFR. Twenty-three 
line items are presently collected annually as of December 31, for each 
and every required subordinate organization owned directly or 
indirectly by the savings association. OTS believes these data can be 
collected independently of the TFR reporting system during the normal 
onsite or offsite examination process. In the most recent Schedule CSS 
filing for the reporting period ending December 31, 2007, 337 thrifts 
reported data for 666 subsidiary organizations and 492 thrifts reported 
no Schedule CSS data.

B. New Items

1. Schedule FV--Consolidated Assets and Liabilities Measured at Fair 
Value on a Recurring Basis
    Effective for the March 31, 2007, report date, OTS began collecting 
information on certain assets and liabilities measured at fair value in 
Schedule SI. The data collected on Schedule SI is intended to be 
consistent with the fair value disclosures and other requirements in 
FASB Statement No. 157, Fair Value Measurements (FAS 157).
    Based on the OTS's ongoing review of industry reporting and 
disclosure practices since the inception of this standard, and the 
reporting of items at fair value on Schedule SI, OTS is proposing to 
expand the data collected from thrifts with total assets greater than 
$10 billion.
    To improve the consistency of data collected with the FAS 157 
disclosure requirements and industry disclosure practices, OTS is 
proposing to add a new Schedule FV for thrifts with total assets 
greater than $10 billion to the TFR to expand the detail of fair value 
data collected on Schedule SI in a manner consistent with the asset and 
liability breakdowns on Schedule RC, Balance Sheet, as proposed by the 
banking agencies for the Call Report.
    OTS has determined that the proposed information is necessary to 
more accurately assess the impact of fair value accounting and fair 
value measurements for safety and soundness purposes at the largest 
thrifts. The collection of the information as proposed will facilitate 
and enhance OTS's ability to monitor the extent of fair value 
accounting in thrifts' Reports of Condition pursuant to the disclosure 
requirements of FAS 157. The information to be collected is consistent 
with the disclosures required by FAS 157 and consistent with industry 
practice for reporting fair value measurements and should, therefore, 
not impose significant incremental burden on thrifts with total assets 
greater than $10 billion. The following 75 new line items are proposed 
for Schedule FV:
    FV110, Federal Funds Sold and Securities Purchased Under Agreements 
to Resell--Total Fair Value Reported;
    FV111, Federal Funds Sold and Securities Purchased Under Agreements 
to Resell--Amounts Netted in the Determination of Fair Value;
    FV112, Federal Funds Sold and Securities Purchased Under Agreements 
to Resell--Level 1 Fair Value Measurements;
    FV113, Federal Funds Sold and Securities Purchased Under Agreements 
to Resell--Level 2 Fair Value Measurements;
    FV114, Federal Funds Sold and Securities Purchased Under Agreements 
to Resell--Level 3 Fair Value Measurements;
    FV120, Trading Securities--Total Fair Value Reported;
    FV121, Trading Securities--Amounts Netted in the Determination of 
Fair Value;
    FV122, Trading Securities--Level 1 Fair Value Measurements;
    FV123, Trading Securities--Level 2 Fair Value Measurements;
    FV124, Trading Securities--Level 3 Fair Value Measurements;
    FV130, Available-for-Sale Securities--Total Fair Value Reported;
    FV131, Available-for-Sale Securities--Amounts Netted in the 
Determination of Fair Value;
    FV132, Available-for-Sale Securities--Level 1 Fair Value 
Measurements;
    FV133, Available-for-Sale Securities--Level 2 Fair Value 
Measurements;
    FV134, Available-for-Sale Securities--Level 3 Fair Value 
Measurements;
    FV210, Loans and Leases--Total Fair Value Reported;
    FV211, Loans and Leases--Amounts Netted in the Determination of 
Fair Value;
    FV212, Loans and Leases--Level 1 Fair Value Measurements;
    FV213, Loans and Leases--Level 2 Fair Value Measurements;
    FV214, Loans and Leases--Level 3 Fair Value Measurements;
    FV240, Mortgage Servicing Rights--Total Fair Value Reported;
    FV241, Mortgage Servicing Rights--Amounts Netted in the 
Determination of Fair Value;
    FV242, Mortgage Servicing Rights--Level 1 Fair Value Measurements;
    FV243, Mortgage Servicing Rights--Level 2 Fair Value Measurements;
    FV244, Mortgage Servicing Rights--Level 3 Fair Value Measurements;
    FV250, Derivative Assets--Total Fair Value Reported;
    FV251, Derivative Assets--Amounts Netted in the Determination of 
Fair Value;
    FV252, Derivative Assets--Level 1 Fair Value Measurements;
    FV253, Derivative Assets--Level 2 Fair Value Measurements;
    FV254, Derivative Assets--Level 3 Fair Value Measurements;
    FV310, All Other Financial Assets--Total Fair Value Reported;
    FV311, All Other Financial Assets--Amounts Netted in the 
Determination of Fair Value;
    FV312, All Other Financial Assets--Level 1 Fair Value Measurements;
    FV313, All Other Financial Assets--Level 2 Fair Value Measurements;
    FV314, All Other Financial Assets--Level 3 Fair Value Measurements;
    FV360, Total Assets Measured at Fair Value on a Recurring Basis--
Total Fair Value Reported;
    FV361, Total Assets Measured at Fair Value on a Recurring Basis--
Amounts Netted in the Determination of Fair Value;
    FV362, Total Assets Measured at Fair Value on a Recurring Basis--
Level 1 Fair Value Measurements;
    FV363, Total Assets Measured at Fair Value on a Recurring Basis--
Level 2 Fair Value Measurements;

[[Page 57216]]

    FV364, Total Assets Measured at Fair Value on a Recurring Basis--
Level 3 Fair Value Measurements;
    FV410, Federal Funds Purchased and Securities Sold Under Agreements 
to Repurchase--Total Fair Value Reported;
    FV411, Federal Funds Purchased and Securities Sold Under Agreements 
to Repurchase--Amounts Netted in the Determination of Fair Value;
    FV412, Federal Funds Purchased and Securities Sold Under Agreements 
to Repurchase--Level 1 Fair Value Measurements;
    FV413, Federal Funds Purchased and Securities Sold Under Agreements 
to Repurchase--Level 2 Fair Value Measurements;
    FV414, Federal Funds Purchased and Securities Sold Under Agreements 
to Repurchase--Level 3 Fair Value Measurements;
    FV420, Deposits--Total Fair Value Reported;
    FV421, Deposits--Amounts Netted in the Determination of Fair Value;
    FV422, Deposits--Level 1 Fair Value Measurements;
    FV423, Deposits--Level 2 Fair Value Measurements;
    FV424, Deposits--Level 3 Fair Value Measurements;
    FV440, Subordinated Debentures--Total Fair Value Reported;
    FV441, Subordinated Debentures--Amounts Netted in the Determination 
of Fair Value;
    FV442, Subordinated Debentures--Level 1 Fair Value Measurements;
    FV443, Subordinated Debentures--Level 2 Fair Value Measurements;
    FV444, Subordinated Debentures--Level 3 Fair Value Measurements;
    FV460, Other Borrowings--Total Fair Value Reported;
    FV461, Other Borrowings--Amounts Netted in the Determination of 
Fair Value;
    FV462, Other Borrowings--Level 1 Fair Value Measurements;
    FV463, Other Borrowings--Level 2 Fair Value Measurements;
    FV464, Other Borrowings--Level 3 Fair Value Measurements;
    FV470, Derivative Liabilities--Total Fair Value Reported;
    FV471, Derivative Liabilities--Amounts Netted in the Determination 
of Fair Value;
    FV472, Derivative Liabilities--Level 1 Fair Value Measurements;
    FV473, Derivative Liabilities--Level 2 Fair Value Measurements;
    FV474, Derivative Liabilities--Level 3 Fair Value Measurements;
    FV490, All Other Financial Liabilities--Total Fair Value Reported;
    FV491, All Other Financial Liabilities--Amounts Netted in the 
Determination of Fair Value;
    FV492, All Other Financial Liabilities--Level 1 Fair Value 
Measurements;
    FV493, All Other Financial Liabilities--Level 2 Fair Value 
Measurements;
    FV494, All Other Financial Liabilities--Level 3 Fair Value 
Measurements;
    FV510, Total Liabilities Measured at Fair Value on a Recurring 
Basis--Total Fair Value Reported;
    FV511, Total Liabilities Measured at Fair Value on a Recurring 
Basis--Amounts Netted in the Determination of Fair Value;
    FV512, Total Liabilities Measured at Fair Value on a Recurring 
Basis--Level 1 Fair Value Measurements;
    FV513, Total Liabilities Measured at Fair Value on a Recurring 
Basis--Level 2 Fair Value Measurements; and
    FV514, Total Liabilities Measured at Fair Value on a Recurring 
Basis--Level 3 Fair Value Measurements.
2. Fiduciary and Related Services Data
    The revisions to Schedule FS include breaking out foundations and 
endowments as well as investment advisory agency accounts as separate 
types of fiduciary accounts in the schedule's sections for reporting 
fiduciary and related assets and income; adding items for Individual 
Retirement Accounts and similar accounts included in fiduciary and 
related assets; expanding the breakdown of managed assets by type of 
asset to cover all types of fiduciary accounts; adding new asset types 
in the breakdown of managed assets by type of asset; revising the 
manner in which discretionary investments in common trust funds and 
collective investment funds are reported in the breakdown of managed 
assets by type of asset; adding items for the market value of 
discretionary investments in proprietary mutual funds and the number of 
managed accounts holding such investments; and adding items for the 
number and principal amount outstanding of debt issues in substantive 
default for which the institution serves as indenture trustee.
    The following 14 line items would be revised in Schedule FS:
    Revising the caption for line FS260 from ``Investment Management 
Agency Accounts--Amount of Managed Assets'' to ``Investment Management 
and Investment Advisory Accounts--Amount of Managed Assets'';
    Revising the caption for line FS262 from ``Investment Management 
Agency Accounts--Number of Managed Accounts'' to ``Investment 
Management and Investment Advisory Accounts--Number of Managed 
Accounts'';
    Revising the caption for line FS360 from ``Investment Management 
Agency Accounts'' to ``Investment Management & Investment Advisory 
Accounts'';
    Revising line FS410 to Noninterest-Bearing Deposits--Personal Trust 
and Agency, Investment Management Agency Accounts;
    Revising line FS415 to Interest-Bearing Deposits--Personal Trust 
and Agency, Investment Management Agency Accounts;
    Revising line FS420 to U.S. Treasury and U.S. Government Agency 
Obligations--Personal Trust and Agency, Investment Management Agency 
Accounts;
    Revising line FS425 to State, County, and Municipal Obligations--
Personal Trust and Agency, Investment Management Agency Accounts;
    Revising line FS430 to Common Trust Funds and Collective Investment 
Funds--Personal Trust and Agency, Investment Management Agency 
Accounts;
    Revising line FS435 to Mutual Funds--Equity--Employee Benefit and 
Other Individual Retirement Accounts;
    Revising line FS440 to Mutual Funds--Money Market--All Other 
Accounts;
    Revising line FS445 to Mutual Funds--Other--Total;
    Revising line FS450 to Short-Term Obligations--Personal Trust and 
Agency, Investment Management Agency Accounts;
    Revising line FS455 to Other Notes and Bonds--Personal Trust and 
Agency, Investment Management Agency Accounts; and
    Revising line FS460 to Common and Preferred Stocks--Personal Trust 
and Agency, Investment Management Agency Accounts.
    The following 68 line items would be added to Schedule FS:
    FS234, IRAs, HSAs, and Similar Accounts--Amount of Managed Assets;
    FS235, IRAs, HSAs, and Similar Accounts--Amount of Nonmanaged 
Assets;
    FS236, IRAs, HSAs, and Similar Accounts--Number of Managed 
Accounts;
    FS237, IRAs, HSAs, and Similar Accounts--Number of Nonmanaged 
Accounts;
    FS261, Investment Management and Investment Advisory Accounts--
Amount of Nonmanaged Assets;
    FS263, Investment Management and Investment Advisory Accounts--
Number of Nonmanaged Accounts;
    FS264, Foundations and Endowments--Amount of Managed Assets;

[[Page 57217]]

    FS265, Foundations and Endowments--Amount of Nonmanaged Assets;
    FS266, Foundations and Endowments--Number of Managed Accounts;
    FS267, Foundations and Endowments--Number of Nonmanaged Accounts;
    FS335, Fiduciary and Related Services Income--IRAs, HSAs, and 
Similar Accounts;
    FS411, Noninterest-Bearing Deposits--Employee Benefit and Other 
Individual Retirement Accounts;
    FS412, Noninterest-Bearing Deposits--All Other Accounts;
    FS413, Noninterest-Bearing Deposits--Total;
    FS416, Interest-Bearing Deposits--Employee Benefit and Other 
Individual Retirement Accounts;
    FS417, Interest-Bearing Deposits--All Other Accounts;
    FS418, Interest-Bearing Deposits--Total;
    FS421, U.S. Treasury and U.S. Government Agency Obligations--
Employee Benefit and Other Individual Retirement Accounts;
    FS422, U.S. Treasury and U.S. Government Agency Obligations--All 
Other Accounts;
    FS423, U.S. Treasury and U.S. Government Agency Obligations--Total;
    FS426, State, County, and Municipal Obligations--Employee Benefit 
and Other Individual Retirement Accounts;
    FS427, State, County, and Municipal Obligations--All Other 
Accounts;
    FS428, State, County, and Municipal Obligations--Total;
    FS431, Common Trust Funds and Collective Investment Funds--Employee 
Benefit and Other Individual Retirement Accounts;
    FS432, Common Trust Funds and Collective Investment Funds--All 
Other Accounts;
    FS433, Common Trust Funds and Collective Investment Funds--Total;
    FS434, Mutual Funds--Equity--Personal Trust and Agency, Investment 
Management Agency Accounts;
    FS436, Mutual Funds--Equity--All Other Accounts;
    FS437, Mutual Funds--Equity--Total;
    FS438, Mutual Funds--Money Market--Personal Trust and Agency, 
Investment Management Agency Accounts;
    FS439, Mutual Funds--Money Market--Employee Benefit and Other 
Individual Retirement Accounts;
    FS441, Mutual Funds--Money Market--Total;
    FS442, Mutual Funds--Other--Personal Trust and Agency, Investment 
Management Agency Accounts;
    FS443, Mutual Funds--Other--Employee Benefit and Other Individual 
Retirement Accounts;
    FS444, Mutual Funds--Other--All Other Accounts;
    FS451, Short-Term Obligations--Employee Benefit and Other 
Individual Retirement Accounts;
    FS452, Short-Term Obligations--All Other Accounts;
    FS453, Short-Term Obligations--Total;
    FS456, Other Notes and Bonds--Employee Benefit and Other Individual 
Retirement Accounts;
    FS457, Other Notes and Bonds--All Other Accounts;
    FS458, Other Notes and Bonds--Total;
    FS461, Common and Preferred Stocks--Employee Benefit and Other 
Individual Retirement Accounts;
    FS462, Common and Preferred Stocks--All Other Accounts;
    FS463, Common and Preferred Stocks--Total;
    FS465, Real Estate Mortgages--Personal Trust and Agency, Investment 
Management Agency Accounts;
    FS466, Real Estate Mortgages--Employee Benefit and Other Individual 
Retirement Accounts;
    FS467, Real Estate Mortgages--All Other Accounts;
    FS468, Real Estate Mortgages--Total;
    FS470, Real Estate--Personal Trust and Agency, Investment 
Management Agency Accounts;
    FS471, Real Estate--Employee Benefit and Other Individual 
Retirement Accounts;
    FS472, Real Estate--All Other Accounts;
    FS473, Real Estate--Total;
    FS475, Miscellaneous Assets--Personal Trust and Agency, Investment 
Management Agency Accounts;
    FS476, Miscellaneous Assets--Employee Benefit and Other Individual 
Retirement Accounts;
    FS477, Miscellaneous Assets--All Other Accounts;
    FS478, Miscellaneous Assets--Total;
    FS480, Investments in Unregistered Funds and Private Equity 
Investments--Personal Trust and Agency, Investment Management Agency 
Accounts;
    FS481, Investments in Unregistered Funds and Private Equity 
Investments--Employee Benefit and Other Individual Retirement Accounts;
    FS482, Investments in Unregistered Funds and Private Equity 
Investments--All Other Accounts;
    FS483, Investments in Unregistered Funds and Private Equity 
Investments--Total;
    FS490, Total Managed Assets--Personal Trust and Agency, Investment 
Management Agency Accounts;
    FS491, Total Managed Assets--Employee Benefit and Other Individual 
Retirement Accounts;
    FS492, Total Managed Assets--All Other Accounts;
    FS493, Total Managed Assets--Total;
    FS495, Investments of Managed Fiduciary Accounts in Advised or 
Sponsored Mutual Funds--Market Value of Discretionary Investments in 
Proprietary Mutual Funds;
    FS496, Investments of Managed Fiduciary Accounts in Advised or 
Sponsored Mutual Funds--Number of Managed Assets Holding Investments in 
Proprietary Mutual Funds;
    FS516, Corporate and Municipal Trusteeships--Issues Reported in 
FS520 and FS515 that are in Default--Number of Issues; and
    FS517, Corporate and Municipal Trusteeships--Issues Reported in 
FS520 and FS515 that are in Default--Principal Amount Outstanding.
    Request for Comments:
    OTS may not conduct or sponsor an information collection, and 
respondents are not required to respond to an information collection, 
unless the information collection displays a currently valid OMB 
control number.
    In this notice, OTS is soliciting comments concerning the following 
information collection.
    Statutory Requirement: 12 U.S.C. 1464(v) imposes reporting 
requirements for savings associations.
    Type of Review: Revision of currently approved collections.
    Affected Public: Business or For Profit.
    Estimated Number of Respondents and Recordkeepers: 829.
    Estimated Burden Hours per Respondent: 37.0 hours average for 
quarterly schedules and 2.0 hours average for schedules required only 
annually plus recordkeeping of an average of one hour per quarter.
    Estimated Frequency of Response: Quarterly.
    Estimated Total Annual Burden: 191,098 hours.
    OTS is proposing to revise the TFR, which is currently an approved 
collection of information, on a phased-in basis over 2009. The effect 
on reporting burden of the proposed revisions to the TFR requirements 
will vary from institution to institution depending on the 
institution's asset size and its involvement with the types of 
activities or transactions to which the proposed changes apply.
    The proposed TFR changes that would take effect as of March 31, 
2009, would eliminate one line item, revise the captions for seven 
existing items, add four new items, and eliminate

[[Page 57218]]

confidential treatment of fiduciary income, expense, and loss data in 
Schedule FS and data in Schedule HC.
    The proposed TFR changes that would take effect as of June 30, 
2009, would eliminate two existing items, revise two existing items, 
add 77 new items, add six new reporting codes in Schedule CMR, and add 
four new questions to Schedule SI on whether a thrift is a trustee or 
custodian for certain types of accounts or provides certain services in 
connection with orders for securities transactions regardless of 
whether the thrift exercises trust powers.
    The proposed TFR revisions that would take effect December 31, 
2009, would eliminate the entire Schedule CSS from the TFR, would add 
75 new line items for assets and liabilities measured at fair value on 
a recurring basis in a new Schedule FV--Consolidated Assets and 
Liabilities Measured at Fair Value on a Recurring Basis for thrifts 
with total assets greater than $10 billion, and would revise Schedule 
FS--Fiduciary and Related Services by revising 14 existing line items 
and adding 68 new line items.
    OTS estimates that the implementation of these reporting revisions 
will result in an increase in the current reporting burden imposed by 
the TFR on all savings associations.
    As part of the approval process, we invite comments addressing one 
or more of the following points:
    a. Whether the proposed revisions to the TFR collections of 
information are necessary for the proper performance of the agency's 
functions, including whether the information has practical utility;
    b. The accuracy of the agency's estimate of the burden of the 
collection of information;
    c. Ways to enhance the quality, utility, and clarity of the 
information to be collected;
    d. Ways to minimize the burden of information collections on 
respondents, including through the use of automated collection 
techniques, the Internet, or other forms of information technology; and
    e. Estimates of capital or start up costs and costs of operation, 
maintenance, and purchase of services to provide information.
    OTS will summarize the comments received and include them in the 
request for OMB approval. All comments will become a matter of public 
record.
    Clearance Officer: Ira L. Mills, (202) 906-6531, Office of Thrift 
Supervision, 1700 G Street, NW., Washington, DC 20552.
    OMB Reviewer: Desk Officer for OTS, FAX: (202) 395-6974, U.S. 
Office of Management and Budget, 725--17th Street, NW., Room 10235, 
Washington, DC 20503.

    Dated: September 24, 2008.
Deborah Dakin,
Senior Deputy Chief Counsel, Regulations and Legislation Division.
[FR Doc. E8-22988 Filed 9-30-08; 8:45 am]
BILLING CODE 6720-01-P