[Federal Register Volume 82, Number 215 (Wednesday, November 8, 2017)]
[Notices]
[Pages 51908-51936]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-24310]


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DEPARTMENT OF THE TREASURY

Office of the Comptroller of the Currency

FEDERAL RESERVE SYSTEM

FEDERAL DEPOSIT INSURANCE CORPORATION


Proposed Agency Information Collection Activities; Comment 
Request

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

ACTION: Joint notice and request for comment.

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SUMMARY: In accordance with the requirements of the Paperwork Reduction 
Act (PRA) of 1995, the OCC, the Board, and the FDIC (the ``agencies'') 
may not conduct or sponsor, and the respondent is not required to 
respond to, an information collection unless it displays a currently 
valid Office of Management and Budget (OMB) control number. The Federal 
Financial Institutions Examination Council (FFIEC), of which the 
agencies are members, has approved the agencies' publication for public 
comment of a proposal to revise the Consolidated Reports of Condition 
and Income for a Bank with Domestic Offices Only and Total Assets Less 
Than $1 Billion (FFIEC 051), the Consolidated Reports of Condition and 
Income for a Bank with Domestic Offices Only (FFIEC 041), and the 
Consolidated Reports of Condition and Income for a Bank with Domestic 
and Foreign Offices (FFIEC 031), which are currently approved 
collections of information. The Consolidated Reports of Condition and 
Income are commonly referred to as the Call Report.
    The proposed revisions to the FFIEC 051, FFIEC 041, and FFIEC 031 
Call Reports would result in an overall reduction in burden. In 
particular, the proposed revisions would delete or consolidate a number 
of items and add a new or raise certain existing reporting thresholds. 
The proposed revisions would take effect as of the June 30, 2018, 
report date. At the end of the comment period for this notice, the 
comments and recommendations received will be reviewed to determine 
whether the FFIEC and the agencies should modify the proposed revisions 
to the FFIEC 051, FFIEC 041, and FFIEC 031 prior to giving final 
approval. As required by the PRA, the agencies will then publish a 
second Federal Register notice for a 30-day comment period and submit 
the final FFIEC 051, FFIEC 041, and FFIEC 031 to OMB for review and 
approval.

DATES: Comments must be submitted on or before January 8, 2018.

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

[[Page 51909]]

395-6974; or by email to [email protected].

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

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

OCC

    OMB Control No.: 1557-0081.
    Estimated Number of Respondents: 1,307 national banks and federal 
savings associations.
    Estimated Average Burden per Response: 46.05 burden hours per 
quarter to file.
    Estimated Total Annual Burden: 240,749 burden hours to file.

Board

    OMB Control No.: 7100-0036.
    Estimated Number of Respondents: 822 state member banks.
    Estimated Average Burden per Response: 50.16 burden hours per 
quarter to file.
    Estimated Total Annual Burden: 164,926 burden hours to file.

FDIC

    OMB Control No.: 3064-0052.
    Estimated Number of Respondents: 3,710 insured state nonmember 
banks and state savings associations.
    Estimated Average Burden per Response: 44.14 burden hours per 
quarter to file.
    Estimated Total Annual Burden: 655,038 burden hours to file.
    The proposed burden-reducing revisions are the result of an ongoing 
effort by the agencies to reduce the burden associated with the 
preparation and filing of Call Reports and, as detailed in Appendices 
B, C, and D, achieve burden reductions by the removal or consolidation 
of numerous items, and the raising of certain reporting thresholds.
    The estimated average burden hours, which reflect an overall 
reduction, collectively reflect the estimates for the FFIEC 051, the 
FFIEC 041, and the FFIEC 031 reports for each agency. When the 
estimates are calculated by type of report across the agencies, the 
estimated average burden hours per quarter are 38.15 (FFIEC 051), 54.89 
(FFIEC 041), and 122.50 (FFIEC 031). The estimated burden per response 
for the quarterly filings of the Call Report is an average that varies 
by agency because of differences in the composition of the institutions 
under each agency's supervision (e.g., size distribution of 
institutions, types of activities in which they are engaged, and 
existence of foreign offices).
    Type of Review: Revision of currently approved collections.

General Description of Reports

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

Abstract

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

Current Actions

I. Introduction

    As part of an initiative launched by the FFIEC in December 2014 to 
identify potential opportunities to reduce burden associated with Call 
Report requirements for community banks, the FFIEC and the agencies 
have taken several actions, including: (1) The finalization in mid-2016 
of a number of burden-reducing changes and other revisions to the Call 
Report that were implemented in September 2016 and March 2017; (2) 
outreach to institutions to obtain a better understanding of 
significant sources of reporting burden in their Call Report 
preparation processes; (3) the creation of a new streamlined FFIEC 051 
Call Report for eligible small institutions \1\ that took effect as of 
the March 31, 2017, report date; and (4) the publication for comment in 
June 2017 of additional proposed burden-reducing Call Report changes, 
as well as proposed Call Report revisions that address the definition 
of ``past due'' for regulatory reporting purposes and changes in the 
accounting for equity investments, all of which have a proposed March 
31, 2018, effective date.\2\
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    \1\ Generally, institutions with domestic offices only and total 
assets less than $1 billion.
    \2\ See 80 FR 56539 (September 18, 2015), 81 FR 45357 (July 13, 
2016), 81 FR 54190 (August 15, 2016) (referred to hereafter as the 
``August 2016 Call Report proposal''), 82 FR 2444 (January 9, 2017), 
and 82 FR 29147 (June 27, 2017) (referred to hereafter as the ``June 
2017 Call Report proposal'') for further information on the actions 
taken under this initiative.
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    As another key part of the FFIEC's Call Report burden-reduction 
initiative for community banks, in 2015 the agencies accelerated the 
start of the next statutorily mandated review of the existing Call 
Report data items (Full

[[Page 51910]]

Review),\3\ which otherwise would not have commenced until 2017. After 
completing this review, the agencies are required to ``reduce or 
eliminate any requirement to file information or schedules . . . (other 
than information or schedules that are otherwise required by law)'' if 
the agencies determine that ``the continued collection of such 
information or schedules is no longer necessary or appropriate.'' \4\ 
To provide a foundation for the Full Review, users of Call Report data 
items, who are internal staff at the FFIEC member entities, 
participated in a series of nine surveys conducted over a 19-month 
period that began in mid-July 2015 and ended in mid-February 2017. As 
an integral part of these surveys, users were asked to fully explain 
the need for each Call Report data item they deem essential, how the 
data item is used, the frequency with which it is needed, and the 
population of institutions from which it is needed. Call Report 
schedules were placed into nine groups and prioritized for review, 
generally based on the level of burden cited by banking industry 
representatives. Based on the results of the user surveys and 
consistent with the statutory requirements governing the Full Review, 
the agencies have been identifying data items to be considered for 
removal, less frequent collection, and new or revised reporting 
thresholds to reduce burden.
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    \3\ This review is mandated by section 604 of the Financial 
Services Regulatory Relief Act of 2006 (12 U.S.C. 1817(a)(11)).
    \4\ 12 U.S.C. 1817(a)(11)(B).
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    Based on the results of the third and final portion of the user 
surveys and other information, the agencies are proposing various 
burden-reducing changes in this proposal. The schedules reviewed in the 
final portion of the user surveys primarily include schedules that 
collect data on complex or specialized activities. A summary of the 
FFIEC member entities' uses of the data items retained in the Call 
Report schedules covered by this portion of the user surveys is 
included in Appendix A.\5\ Several of these schedules were not included 
in the new FFIEC 051 when it was created. Therefore, revisions proposed 
in this notice more significantly affect schedules and data items in 
the FFIEC 041 and FFIEC 031.
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    \5\ A summary of the FFIEC member entities' uses of the data 
items retained in the Call Report schedules covered by the first and 
second portions of the agencies' user surveys are included in 
Appendix A of the agencies' Federal Register notices published on 
January 9, 2017 (82 FR 2444) and June 27, 2017 (82 FR 29147), 
respectively.
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    In addition, as a framework for the actions it is undertaking, the 
FFIEC developed a set of guiding principles for use in evaluating 
potential additions and deletions of Call Report data items and other 
revisions to the Call Report. In general, data items collected in the 
Call Report must meet three guiding principles: (1) The data items 
serve a long-term regulatory or public policy purpose by assisting the 
FFIEC member entities in fulfilling their missions of ensuring the 
safety and soundness of financial institutions and the financial system 
and the protection of consumer financial rights, as well as agency-
specific missions affecting federally and state-chartered institutions; 
(2) the data items to be collected maximize practical utility and 
minimize, to the extent practicable and appropriate, burden on 
financial institutions; and (3) equivalent data items are not readily 
available through other means.

II. General Discussion of Proposed Call Report Revisions

    As discussed above, the Call Report schedules have been reviewed as 
part of the Full Review, conducted through a series of nine user 
surveys. The results of the final portion of the surveys were evaluated 
in the development of this proposal. In addition, the results of 
certain surveys were re-evaluated and further burden-reducing changes 
were incorporated into this proposal. In developing this proposal, the 
agencies were cognizant of the comments and feedback received from the 
industry, over the course of this FFIEC initiative, requesting that the 
agencies provide relief from the burden of preparing Call Reports. The 
proposed revisions to the FFIEC 051, FFIEC 041, and FFIEC 031 are 
discussed in Sections III.A, III.B, and III.C, respectively.
    The schedules reviewed in the portion of the user surveys evaluated 
in the development of this proposal include:

 Schedule RI-A--Changes in Bank Equity Capital
 Schedule RI-C--Disaggregated Data on the Allowance for Loan 
and Lease Losses [FFIEC 031 and FFIEC 041 only]
 Schedule RC-A--Cash and Balances Due from Depository 
Institutions
 Schedule RC-F--Other Assets
 Schedule RC-G--Other Liabilities
 Schedule RC-H--Selected Balance Sheet Items for Domestic 
Offices [FFIEC 031 only]
 Schedule RC-I--Assets and Liabilities of IBFs [FFIEC 031 only]
 Schedule RC-P--1-4 Family Residential Mortgage Banking 
Activities (in Domestic Offices) [FFIEC 031 and FFIEC 041 only]
 Schedule RC-Q--Assets and Liabilities Measured at Fair Value 
on a Recurring Basis [FFIEC 031 and FFIEC 041 only]
 Schedule RC-S--Servicing, Securitization, and Asset Sale 
Activities [FFIEC 031 and FFIEC 041 only]
 Schedule RC-T--Fiduciary and Related Services
 Schedule RC-V--Variable Interest Entities [FFIEC 031 and FFIEC 
041 only]

    The schedules re-evaluated in the development of this proposal 
include:

 Schedule RC-B--Securities
 Schedule RC-N--Past Due and Nonaccrual Loans, Leases, and 
Other Assets
 Schedule SU--Supplemental Information [FFIEC 051 only]

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

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


[[Page 51911]]

    Table 2 summarizes the proposed burden-reducing revisions to data 
items included in the June 2017 Call Report proposal that would take 
effect March 31, 2018.

                                  Table 2--Proposed Data Revisions in June 2017
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                 Proposed call report revisions                         051             041             031
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Items Proposed to be Removed, Net *.............................              54             106              86
Proposed Change in Item Frequency to Semiannual.................              17              31              31
Proposed Change in Item Frequency to Annual.....................              26               3               3
Items with a Proposed New or Increased Reporting Threshold......              26             106             178
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* ``Items Proposed to be Removed, Net'' reflects the effects of consolidating existing items and relocating
  individual items to other schedules.

    Table 3 summarizes the additional proposed burden-reducing 
revisions to data items included in this notice. The proposed revisions 
are discussed in Section III. Detail for each affected data item is 
shown in Appendix B (FFIEC 051), Appendix C (FFIEC 041), and Appendix D 
(FFIEC 031).

                                 Table 3--Proposed Data Revisions in This Notice
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                 Proposed call report revisions                         051             041             031
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Items Proposed to be Removed, Net *.............................              15             184             134
Items with a Proposed New or Increased Reporting Threshold......              29             181             213
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* ``Items Proposed to be Removed, Net'' reflects the effects of consolidating existing items and relocating
  individual items to other schedules.

    The Call Report revisions that are the subject of this proposal 
would take effect June 30, 2018. Additional information on timing of 
the proposed revisions is provided in Section IV.

III. Detail of Specific Proposed Call Report Revisions

A. Revisions to the FFIEC 051

Schedule RC-A
    The agencies propose to remove Schedule RC-A, Cash and Balances Due 
from Depository Institutions, in its entirety from the FFIEC 051. This 
schedule is currently completed by institutions with $300 million or 
more in total assets. The agencies no longer need the current level of 
detail provided by the existing items in Schedule RC-A from the smaller 
institutions eligible to file this version of the Call Report who are 
required to complete this schedule, as sufficient information on cash 
and due from balances is provided for these institutions in Schedule 
RC, items 1.a and 1.b.
Schedule RC-B
    With respect to Schedule RC-B of the FFIEC 051, the agencies 
propose to consolidate the reporting of an institution's holdings of 
those residential mortgage pass-through securities that are currently 
reported in items 4.a.(1) for those guaranteed by the Government 
National Mortgage Association (GNMA) and 4.a.(2) for those issued by 
the Federal National Mortgage Association (FNMA) and the Federal Home 
Loan Mortgage Corporation (FHLMC) into a single item 4.a.(1). Existing 
item 4.a.(3) for other residential mortgage pass-through securities 
would be renumbered as item 4.a.(2). The agencies no longer need the 
current level of detail for these holdings from the smaller 
institutions eligible to file this version of the Call Report.
Schedule RC-F
    With respect to Schedule RC-F of the FFIEC 051, the agencies 
propose to consolidate the reporting of an institution's interest-only 
strips receivable, which are currently reported in items 3.a for those 
on mortgage loans and 3.b for those on other financial assets, into a 
single item 3. The agencies no longer need the current level of detail 
for these holdings in the Call Report.
    In addition, the agencies propose to remove the preprinted caption 
for retained interests in accrued interest receivable related to 
securitized credit cards (item 6.d) as few institutions report having 
this component of other assets in an amount in excess of the existing 
reporting threshold for disclosing this component.\6\ Items 6.e through 
6.k would be renumbered as items 6.d through 6.j.
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    \6\ If this preprinted caption were removed and an institution 
has retained interests in accrued interest receivable related to 
securitized credit cards in an amount in excess of the reporting 
threshold, the institution would itemize and describe this component 
in one of the subitems of item 6 without a preprinted caption.
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Schedule RC-T
    With respect to Schedule RC-T of the FFIEC 051, the agencies 
propose to increase the reporting threshold for reporting the 
components of fiduciary and related services income. For institutions 
with total fiduciary assets greater than $100 million but less than or 
equal to $250 million that do not meet the fiduciary income test for 
quarterly reporting,\7\ the agencies propose to no longer require the 
reporting of items 14 through 26. There would be no change to the 
reporting requirements applicable to items 14 through 26 for all other 
institutions. The agencies no longer need the current level of detail 
on fiduciary and related services income from institutions with less 
than $250 million in total fiduciary assets that do not meet the 
fiduciary income test.
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    \7\ An institution does not meet the fiduciary income test if 
its gross fiduciary and related services income was less than or 
equal to 10 percent of revenue (net interest income plus noninterest 
income) for the preceding calendar year.
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    In addition, the agencies propose to add a reporting threshold for 
reporting the number and market value of collective investment funds 
and common trust funds by type of fund in Memorandum items 3.a through 
3.g. For institutions at which these funds have a total market value of 
less than $1 billion (as of the preceding December 31), the agencies 
propose to no longer require the reporting of Memorandum items 3.a 
through 3.g. Such institutions would report only the total number and 
market value of their collective investment funds and common trust 
funds in Memorandum item 3.h. Institutions at which the total market 
value of their

[[Page 51912]]

collective investment funds and common trust funds is $1 billion or 
more would continue to report Memorandum items 3.a through 3.h. The 
agencies no longer need the current level of detail on collective 
investment funds and common trust funds in the Call Report from 
institutions at which the total market value of these funds is less 
than $1 billion.
Schedule SU
    With respect to Schedule SU of the FFIEC 051, the agencies propose 
to remove item 8.e on the amount of outstanding credit card fees and 
finance charges included in credit card receivables sold and 
securitized with servicing retained or with recourse or other seller-
provided credit enhancements, which is currently applicable to eligible 
small institutions that specialize in credit card lending. The agencies 
no longer need this information from these smaller credit card lending 
institutions.

B. Revisions to the FFIEC 041

Schedule RC-A
    With respect to Schedule RC-A of the FFIEC 041, the agencies 
propose to consolidate the reporting of an institution's balances due 
from depository institutions in the United States, which are currently 
reported in items 2.a for balances due from U.S. branches and agencies 
of foreign banks and 2.b for balances due from other commercial banks 
and other depository institutions in the United States, into a single 
item 2. In addition, the agencies propose to consolidate the reporting 
of an institution's balances due from banks in foreign countries and 
foreign central banks, which are currently reported in items 3.a for 
balances due from foreign branches of other U.S. banks and 3.b for 
balances due from banks in foreign countries and foreign central banks, 
into a single item 3. The agencies no longer need the current level of 
detail for these balances in the Call Report.
Schedule RC-F
    With respect to Schedule RC-F of the FFIEC 041, the agencies 
propose to consolidate the reporting of an institution's interest-only 
strips receivable, which are currently reported in items 3.a for those 
on mortgage loans and 3.b for those on other financial assets, into a 
single item 3. The agencies no longer need the current level of detail 
for these holdings in the Call Report.
    In addition, the agencies propose to remove the preprinted caption 
for retained interests in accrued interest receivable related to 
securitized credit cards (item 6.d) as few institutions report having 
this component of other assets in an amount in excess of the existing 
reporting threshold for disclosing this component.\8\ Items 6.e through 
6.k would be renumbered as items 6.d through 6.j.
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    \8\ If this preprinted caption were removed and an institution 
has retained interests in accrued interest receivable related to 
securitized credit cards in an amount in excess of the reporting 
threshold, the institution would itemize and describe this component 
in one of the subitems of item 6 without a preprinted caption.
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Schedule RC-N
    With respect to Schedule RC-N of the FFIEC 041, the agencies 
propose to remove the data items for reporting the past due and 
nonaccrual status of the fair value and unpaid principal balance of 
held-for-investment loans measured at fair value, which are currently 
reported in Memorandum items 5.b.(1) and 5.b.(2), columns A through C. 
The agencies no longer need this current level of detail in the Call 
Report. The agencies would renumber Memorandum item 5.a, ``Loans and 
leases held for sale,'' as Memorandum item 5 for columns A through C.
Schedule RC-P
    With respect to Schedule RC-P of the FFIEC 041, the agencies 
propose to modify the reporting criteria for this schedule by removing 
the current $1 billion asset-size threshold and applying only the 
existing activity-based threshold to all institutions, regardless of 
size. As proposed, Schedule RC-P would be completed by institutions 
where any of the following residential mortgage banking activities 
exceeds $10 million for two consecutive quarters:
     Closed-end and open-end first lien and junior lien 1-4 
family residential mortgage loan originations and purchases for resale 
from all sources during a calendar quarter; or
     Closed-end and open-end first lien and junior lien 1-4 
family residential mortgage loan sales during a calendar quarter; or
     Closed-end and open-end first lien and junior lien 1-4 
family residential mortgage loans held for sale or trading at calendar 
quarter-end.

The agencies believe an activity-based threshold alone is more 
appropriate than an asset-size threshold for determining which 
institutions should file this schedule.
    The agencies also propose to consolidate the 1-4 family residential 
mortgage banking activity detail collected in this schedule for closed-
end loans and commitments under open-end loans for retail originations 
(item 1), wholesale originations and purchases (item 2), mortgage loans 
sold (item 3), mortgage loans held for sale or trading (item 4), and 
repurchases and indemnifications of mortgage loans (item 6). 
Specifically, items 1.a, 1.b, and 1.c.(1) would be combined into new 
item 1; items 2.a, 2.b, and 2.c.(1) would be combined into new item 2; 
items 3.a, 3.b, and 3.c.(1) would be combined into new item 3; items 
4.a, 4.b, and 4.c.(1) would be combined into new item 4; and items 6.a, 
6.b, and 6.c.(1) would be combined into new item 6. The agencies also 
propose to consolidate noninterest income from the sale, 
securitization, and servicing of closed-end and open-end 1-4 family 
residential mortgage loans currently reported in items 5.a and 5.b into 
a new item 5. In addition, the agencies propose to remove detail on the 
principal amount funded for open-end loans extended under lines of 
credit for each of the above listed categories currently reported in 
items 1.c.(2), 2.c.(2), 3.c.(2), 4.c.(2), and 6.c.(2). The agencies are 
proposing these changes because they no longer need the current level 
of detail on 1-4 family residential mortgage banking activities in the 
Call Report.
Schedule RC-Q
    With respect to Schedule RC-Q of the FFIEC 041, the agencies 
propose to modify the reporting criteria for this schedule by applying 
only an activity threshold and not an asset-size threshold, which 
currently is $500 million. As proposed, Schedule RC-Q would be 
completed only by institutions that (1) have elected to report 
financial instruments or servicing assets and liabilities at fair value 
under a fair value option with changes in fair value recognized in 
earnings, or (2) are required to complete Schedule RC-D, Trading Assets 
and Liabilities. Institutions that do not meet either of these criteria 
would no longer need to complete this schedule, regardless of asset 
size. The agencies believe the activity thresholds are more appropriate 
than the existing simple asset-size threshold for determining which 
institutions must complete this schedule.
    For loans held for investment and held for sale measured at fair 
value under a fair value option, the agencies also propose to 
consolidate the detail on the fair value and the unpaid principal 
balance of such loans currently collected in Memorandum items 3 and 4 
of this schedule. For fair value option loans secured by 1-4 family 
residential properties, detail on revolving, open-end loans secured by 
1-4 family

[[Page 51913]]

residential properties and extended under lines of credit; closed-end 
loans secured by first liens on 1-4 family residential properties; and 
closed-end loans secured by junior liens on 1-4 family residential 
properties would be consolidated into a single category. For fair value 
option loans secured by real estate other than 1-4 family residential 
properties, detail on construction, land development, and other land 
loans; loans secured by farmland; loans secured by multifamily (5 or 
more) residential properties; and loans secured by nonfarm 
nonresidential properties also would be consolidated into a single 
category. For fair value option consumer loans, detail on credit cards, 
other revolving credit plans, automobile loans, and other consumer 
loans would be consolidated into a single category. Specifically, 
existing Memorandum items 3.a.(3)(a), 3.a.(3)(b)(1), and 3.a.(3)(b)(2) 
would be consolidated into new Memorandum item 3.a.(1) for the fair 
value of loans secured by 1-4 family residential properties measured at 
fair value, while existing Memorandum items 3.a.(1), 3.a.(2), 3.a.(4), 
and 3.a.(5) would be consolidated into new Memorandum item 3.a.(2) for 
the fair value of all other loans secured by real estate measured at 
fair value. Existing Memorandum items 3.c.(1) through 3.c.(4) would be 
consolidated into new Memorandum item 3.c for the fair value of all 
consumer loans measured at fair value. Similarly, existing Memorandum 
items 4.a.(3)(a), 4.a.(3)(b)(1), and 4.a.(3)(b)(2) would be 
consolidated into new Memorandum item 4.a.(1) for the unpaid principal 
balance of loans secured by 1-4 family residential properties measured 
at fair value, while existing Memorandum items 4.a.(1), 4.a.(2), 
4.a.(4), and 4.a.(5) would be consolidated into new Memorandum item 
4.a.(2) for the unpaid principal balance of all other loans secured by 
real estate measured at fair value. Existing Memorandum items 4.c.(1) 
through 4.c.(4) would be consolidated into new Memorandum item 4.c for 
the unpaid principal balance of all consumer loans measured at fair 
value.\9\
---------------------------------------------------------------------------

    \9\ In the June 2017 Call Report proposal, the agencies proposed 
comparable consolidation of the detail on loans held for trading, 
which are measured at fair value, and the unpaid principal balance 
of such loans in Schedule RC-D.
---------------------------------------------------------------------------

    In addition, the agencies propose to remove the separate reporting 
of fair value detail on federal funds sold and securities purchased 
under agreements to resell in item 2, which would instead be included 
as part of all other assets in item 6. The agencies also propose to 
remove the separate reporting of fair value detail for federal funds 
purchased and securities sold under agreements to repurchase in item 9, 
other borrowed money in item 11, and subordinated notes and debentures 
in item 12, with these categories of liabilities instead being reported 
within all other liabilities in item 13. The agencies are proposing 
these changes because they no longer need the current level of detail 
on loans measured at fair value under a fair value option and on 
certain other fair values in the Call Report from institutions that 
file the FFIEC 041.
Schedule RC-S
    With respect to Schedule RC-S of the FFIEC 041, the agencies 
propose the following revisions to Schedule RC-S as they no longer need 
the current level of detail on securitization and asset sale activities 
in the Call Report from institutions that file the FFIEC 041:

    (a) Consolidate columns B through F of items 1 through 5 and 
items 9 through 12, which collect information on certain 
securitization and asset sale activities, into existing column G. 
The activities covered in columns B through F pertain to home equity 
lines, credit card receivables, auto loans, other consumer loans, 
and commercial and industrial loans, respectively. The amounts 
previously reported in columns B through F would be included in 
column G, ``All other loans, all leases, and all other assets.''
    (b) Consolidate the maximum amount of credit exposures arising 
from recourse or other seller-provided credit enhancements in the 
form of retained interest-only strips, subordinated securities and 
other residual interests, and standby letters of credit and other 
enhancements, which are reported in items 2.a, 2.b, and 2.c, 
respectively, into a single new item 2.
    (c) Remove item 3 for unused commitments to provide liquidity to 
structures reported in item 1 involving assets sold and securitized 
by the reporting bank with servicing retained or with recourse or 
other seller-provided credit enhancements.
    (d) Consolidate ownership (or seller's) interests carried as 
securities and loans, which are reported in items 6.a and 6.b, 
respectively, into a single new item 6, and consolidate columns B, 
C, and F, which pertain to home equity lines, credit card 
receivables, and commercial and industrial loans, respectively, into 
column G. The amounts previously reported in columns B, C, and F 
would be included in the new item 6 in column G, ``All other loans, 
all leases, and all other assets.'' The agencies also propose to 
create a reporting threshold of $10 billion or more in total assets 
for reporting this new combined item 6.
    (e) Remove items 7.a and 7.b, which contain loan amounts 
included in ownership (or seller's) interests carried as securities 
that are 30-89 days past due and 90 days or more past due, 
respectively.
    (f) Remove items 8.a and 8.b, which contain charge-offs and 
recoveries, respectively, on loan amounts included in the ownership 
(or seller's) interests carried as securities that are currently 
reported in item 6.a.
    (g) Create a reporting threshold of $10 billion or more in total 
assets for reporting item 10 on unused commitments to provide 
liquidity to other institutions' securitization structures.
    (h) Remove Memorandum items 1.a. and 1.b, which contain the 
outstanding principal balance and the amount of retained recourse, 
respectively, on small business obligations transferred with 
recourse under Section 208 of the Riegle Community Development and 
Regulatory Improvement Act of 1994. The amounts previously reported 
in Memorandum items 1.a and 1.b would be included in items 1 and 2 
or items 11 and 12 of column G depending on whether the obligations 
that had been sold were securitized or not securitized, 
respectively.
    (i) Create a reporting threshold of $10 billion or more in total 
assets for reporting detail on asset-backed commercial paper (ABCP) 
conduits in Memorandum items 3.a.(1) through 3.b.(2), and the amount 
of outstanding credit card fees and finance charges included in 
credit card receivables sold and securitized with servicing retained 
or with recourse or other seller-provided credit enhancements in 
Memorandum item 4. To complete Memorandum item 4, an institution 
with $10 billion or more in total assets would also need to meet one 
of the existing criteria for reporting this information, i.e., the 
institution, together with affiliated institutions, has outstanding 
credit card receivables that exceed $500 million as of the report 
date, or the institution is a credit card specialty bank as defined 
for Uniform Bank Performance Report (UBPR) purposes.
Schedule RC-T
    With respect to Schedule RC-T of the FFIEC 041, the agencies 
propose to increase the reporting threshold for reporting the 
components of fiduciary and related services income. For institutions 
with total fiduciary assets greater than $100 million but less than or 
equal to $250 million that do not meet the fiduciary income test for 
quarterly reporting,\10\ the agencies propose to no longer require the 
reporting of items 14 through 26. There would be no change to the 
reporting requirements applicable to items 14 through 26 for all other 
institutions. The agencies no longer need the current level of detail 
on fiduciary and related services income from institutions with less 
than $250 million in total fiduciary assets that do not meet the 
fiduciary income test.
---------------------------------------------------------------------------

    \10\ An institution does not meet the fiduciary income test if 
its gross fiduciary and related services income was less than or 
equal to 10 percent of revenue (net interest income plus noninterest 
income) for the preceding calendar year.
---------------------------------------------------------------------------

    In addition, the agencies propose to add a reporting threshold for 
reporting the number and market value of

[[Page 51914]]

collective investment funds and common trust funds by type of fund in 
Memorandum items 3.a through 3.g. For institutions at which these funds 
have a total market value of less than $1 billion (as of the preceding 
December 31), the agencies propose to no longer require the reporting 
of Memorandum items 3.a through 3.g. Such institutions would report 
only the total number and market value of their collective investment 
funds and common trust funds in Memorandum item 3.h. Institutions at 
which the total market value of their collective investment funds and 
common trust funds is $1 billion or more would continue to report 
Memorandum items 3.a through 3.h. The agencies no longer need the 
current level of detail on collective investment funds and common trust 
funds in the Call Report from institutions at which the total market 
value of these funds is less than $1 billion.
Schedule RC-V
    With respect to Schedule RC-V of the FFIEC 041, the agencies 
propose to consolidate information collected on consolidated variable 
interest entities (VIEs) used as ABCP conduits (column B) and other 
VIEs (column C) for all items into a single column B covering all VIEs 
other than those used as securitization vehicles (which will continue 
to be reported in column A). In lieu of the detailed breakdown of 
assets and liabilities of ABCP conduit VIEs currently reported in 
column B, the agencies propose to collect data only on the total assets 
and total liabilities of such VIEs in new items 5 and 6, respectively. 
For these ABCP conduit VIEs, the total assets item would include the 
assets that can be used only to settle these VIEs' obligations, which 
are currently reported in items 1.a through 1.k, column B, and all 
other assets of these VIEs, which are currently reported in item 3, 
column B; the total liabilities items would include these VIEs' 
liabilities for which creditors do not have recourse to the general 
credit of the reporting bank, which are currently reported in items 2.a 
through 2.e, column B, and all other liabilities of these VIEs, which 
are currently reported in item 4, column B.
    In the two columns of Schedule RC-V that would remain, the agencies 
also propose to consolidate the VIE information on held-to-maturity and 
available-for-sale securities in items 1.b and 1.c, respectively, into 
a single new item 1.b; loans and leases held for sale, loans and leases 
held for investment, and the allowance for loan and leases losses in 
items 1.e through 1.g into a single new item 1.c; and commercial paper 
and other borrowed money in items 2.c and 2.d, respectively, into a 
single new item 2.a. In addition, the agencies propose to remove the 
VIE detail on securities purchased under agreements to resell in item 
1.d, trading assets (other than derivatives) in item 1.h, and 
derivative trading assets in item 1.i. The data currently reported in 
these items would be included in existing item 1.k for other assets, 
which would be renumbered as item 1.e. The agencies also propose to 
remove the VIE detail on securities sold under agreements to repurchase 
in item 2.a and derivative trading liabilities in item 2.b; these items 
would be included in existing item 2.e for other liabilities, which 
would be renumbered as item 2.b. The agencies propose to consolidate 
and remove these items because they no longer need the current level of 
detail on consolidated VIEs in the Call Report.

C. Revisions to the FFIEC 031

Schedule RC-A
    With respect to Schedule RC-A of the FFIEC 031, the agencies 
propose to consolidate the reporting of an institution's balances due 
from depository institutions in the United States, which are currently 
reported for the consolidated bank in items 2.a for balances due from 
U.S. branches and agencies of foreign banks and 2.b for balances due 
from other commercial banks and other depository institutions in the 
United States, into a single item 2 in column A. In addition, the 
agencies propose to consolidate the reporting of an institution's 
balances due from banks in foreign countries and foreign central banks, 
which are currently reported for the consolidated bank in items 3.a for 
balances due from foreign branches of other U.S. banks and 3.b for 
balances due from banks in foreign countries and foreign central banks, 
into a single item 3 in column A. The agencies no longer need the 
current level of detail for these balances in the Call Report.
Schedule RC-F
    With respect to Schedule RC-F of the FFIEC 031, the agencies 
propose to consolidate the reporting of an institution's interest-only 
strips receivable, which are currently reported in items 3.a for those 
on mortgage loans and 3.b for those on other financial assets, into a 
single item 3. The agencies no longer need the current level of detail 
for these holdings in the Call Report.
    In addition, the agencies propose to remove the preprinted caption 
for retained interests in accrued interest receivable related to 
securitized credit cards (item 6.d) as few institutions report having 
this component of other assets in an amount in excess of the existing 
reporting threshold for disclosing this component.\11\ Items 6.e 
through 6.k would be renumbered as items 6.d through 6.j.
---------------------------------------------------------------------------

    \11\ If this preprinted caption were removed and an institution 
has retained interests in accrued interest receivable related to 
securitized credit cards in an amount in excess of the reporting 
threshold, the institution would itemize and describe this component 
in one of the subitems of item 6 without a preprinted caption.
---------------------------------------------------------------------------

Schedule RC-H
    With respect to Schedule RC-H of the FFIEC 031, in connection with 
removing the separate detail for loans held for investment and held for 
sale in domestic offices measured at fair value under a fair value 
option from Schedule RC-Q, the agencies propose to aggregate all loans 
held for investment and held for sale in domestic offices measured at 
fair value under a fair value option that are currently reported on 
Schedule RC-Q, column B, Memorandum items 3.a.(1) through 3.d 
(including all subitems), into a single new item, Schedule RC-H, item 
22. This item would be completed by institutions that (1) have elected 
to report financial instruments or servicing assets and liabilities at 
fair value under a fair value option with changes in fair value 
recognized in earnings, or (2) are required to complete Schedule RC-D, 
Trading Assets and Liabilities. The agencies believe relocating this 
data from Schedule RC-Q to Schedule RC-H will improve efficiency by 
consolidating additional domestic office information on Schedule RC-H.
Schedule RC-N
    With respect to Schedule RC-N of the FFIEC 031, the agencies 
propose to remove the data items for reporting the past due and 
nonaccrual status of the fair value and unpaid principal balance of 
held-for-investment loans measured at fair value, which are currently 
reported in Memorandum items 5.b.(1) and 5.b.(2), columns A through C. 
The agencies no longer need this current level of detail in the Call 
Report. The agencies would renumber Memorandum item 5.a, ``Loans and 
leases held for sale,'' as Memorandum item 5 for columns A through C.
Schedule RC-P
    With respect to Schedule RC-P of the FFIEC 031, the agencies 
propose to modify the reporting criteria for this schedule by removing 
the current $1 billion asset-size threshold and applying only the 
existing activity-based

[[Page 51915]]

threshold to all institutions, regardless of size. As proposed, 
Schedule RC-P would be completed by institutions where any of the 
following residential mortgage banking activities (in domestic offices) 
exceeds $10 million for two consecutive quarters:
     Closed-end and open-end first lien and junior lien 1-4 
family residential mortgage loan originations and purchases for resale 
from all sources during a calendar quarter; or
     Closed-end and open-end first lien and junior lien 1-4 
family residential mortgage loan sales during a calendar quarter; or

     Closed-end and open-end first lien and junior lien 1-4 
family residential mortgage loans held for sale or trading at calendar 
quarter-end.

    The agencies believe an activity-based threshold alone is more 
appropriate than an asset-size threshold for determining which 
institutions should file this schedule.
    The agencies also propose to consolidate the 1-4 family residential 
mortgage banking activity detail collected in this schedule for closed-
end loans and commitments under open-end loans for retail originations 
(item 1), wholesale originations and purchases (item 2), mortgage loans 
sold (item 3), mortgage loans held for sale or trading (item 4), and 
repurchases and indemnifications of mortgage loans (item 6). 
Specifically, items 1.a, 1.b, and 1.c.(1) would be combined into new 
item 1; items 2.a, 2.b, and 2.c.(1) would be combined into new item 2; 
items 3.a, 3.b, and 3.c.(1) would be combined into new item 3; items 
4.a, 4.b, and 4.c.(1) would be combined into new item 4; and, items 
6.a, 6.b, and 6.c.(1) would be combined into new item 6. The agencies 
also propose to consolidate noninterest income from the sale, 
securitization, and servicing of closed-end and open-end 1-4 family 
residential mortgage loans currently reported in items 5.a and 5.b into 
a new item 5. In addition, the agencies propose to remove detail on the 
principal amount funded for open-end loans extended under lines of 
credit for each of the above listed categories currently reported in 
items 1.c.(2), 2.c.(2), 3.c.(2), 4.c.(2), and 6.c.(2). The agencies are 
proposing these changes because they no longer need the current level 
of detail on 1-4 family residential mortgage banking activities in the 
Call Report.
Schedule RC-Q
    With respect to Schedule RC-Q of the FFIEC 031, the agencies 
propose to modify the reporting criteria for this schedule by applying 
only an activity threshold and not an asset-size threshold, which 
currently is $500 million. As proposed, Schedule RC-Q would be 
completed only by institutions that (1) have elected to report 
financial instruments or servicing assets and liabilities at fair value 
under a fair value option with changes in fair value recognized in 
earnings, or (2) are required to complete Schedule RC-D, Trading Assets 
and Liabilities. Institutions that do not meet either of these criteria 
would no longer need to complete this schedule, regardless of asset 
size. The agencies believe the activity thresholds are more appropriate 
than the existing simple asset-size threshold for determining which 
institutions must complete this schedule.
    For loans held for investment and held for sale measured at fair 
value under a fair value option, the agencies also propose to remove 
column B (domestic offices) for the fair value and the unpaid principal 
balance of such loans currently collected in Memorandum items 3 and 4 
of this schedule, respectively, and replace the detailed data on fair 
value option loans in domestic offices with a single new item for the 
total amount of fair value option loans that would be added to Schedule 
RC-H, Selected Balance Sheet Items for Domestic Offices.\12\ In 
addition, the agencies would consolidate certain existing loan 
categories in Memorandum items 3 and 4. For fair value option loans 
secured by 1-4 family residential properties, detail on revolving, 
open-end loans secured by 1-4 family residential properties and 
extended under lines of credit; closed-end loans secured by first liens 
on 1-4 family residential properties; and closed-end loans secured by 
junior liens on 1-4 family residential properties that is currently 
reported for domestic offices in column B would be consolidated into a 
single category and collected for the consolidated bank. For fair value 
option loans secured by real estate other than 1-4 family residential 
properties, detail on construction, land development, and other land 
loans; loans secured by farmland; loans secured by multifamily (5 or 
more) residential properties; and loans secured by nonfarm 
nonresidential properties that is currently reported for domestic 
offices in column B would be consolidated into a single category and 
collected for the consolidated bank. These proposed revisions would 
replace the existing items for total fair value option loans secured by 
real estate for the consolidated bank. For fair value option consumer 
loans, detail for the consolidated bank on credit cards, other 
revolving credit plans, automobile loans, and other consumer loans 
would be consolidated into a single category. Specifically, existing 
Memorandum items 3.a and 4.a in column A for the fair value and the 
unpaid principal balance of the consolidated bank's total loans secured 
by real estate would be removed. Existing Memorandum items 3.a.(3)(a), 
3.a.(3)(b)(1), and 3.a.(3)(b)(2) in column B would be consolidated into 
new Memorandum item 3.a.(1) for the fair value of the consolidated 
bank's loans secured by 1-4 family residential properties measured at 
fair value, while existing Memorandum items 3.a.(1), 3.a.(2), 3.a.(4), 
and 3.a.(5) in column B would be consolidated into new Memorandum item 
3.a.(2) for the fair value of all other loans secured by real estate 
measured at fair value for the consolidated bank. Existing Memorandum 
items 3.c.(1) through 3.c.(4) for the consolidated bank would be 
consolidated into new Memorandum item 3.c for the fair value of all 
consumer loans measured at fair value. Similarly, existing Memorandum 
items 4.a.(3)(a), 4.a.(3)(b)(1), and 4.a.(3)(b)(2) in column B would be 
consolidated into new Memorandum item 4.a.(1) for the unpaid principal 
balance of the consolidated bank's loans secured by 1-4 family 
residential properties measured at fair value, while existing 
Memorandum items 4.a.(1), 4.a.(2), 4.a.(4), and 4.a.(5) in column B 
would be consolidated into new Memorandum item 4.a.(2) for unpaid 
principal balance of all other loans secured by real estate measured at 
fair value for the consolidated bank. Existing Memorandum items 4.c.(1) 
through 4.c.(4) for the consolidated bank would be consolidated into 
new Memorandum item 4.c for unpaid principal balance of all consumer 
loans measured at fair value.\13\ The agencies are proposing these 
changes because they no longer need the current level of detail on 
loans measured at fair value under a fair value option in the Call 
Report from institutions that file the FFIEC 031.
---------------------------------------------------------------------------

    \12\ The new Schedule RC-H item would be completed only by 
institutions required to complete Schedule RC-Q.
    \13\ In the June 2017 Call Report proposal, the agencies 
proposed comparable consolidation of the detail on loans held for 
trading, which are measured at fair value, and the unpaid principal 
balance of such loans in Schedule RC-D.
---------------------------------------------------------------------------

Schedule RC-S
    With respect to Schedule RC-S of the FFIEC 031, the agencies 
propose the following revisions to Schedule RC-S, as they no longer 
need the current level of detail on securitization and asset sale

[[Page 51916]]

activities in the Call Report from institutions that file the FFIEC 
031:

    (a) Consolidate the maximum amount of credit exposures arising 
from recourse or other seller-provided credit enhancements in the 
form of retained interest-only strips, subordinated securities and 
other residual interests, and standby letters of credit and other 
enhancements, which are reported in items 2.a, 2.b, and 2.c, 
respectively, into a single new item 2.
    (b) Create a reporting threshold of $100 billion or more in 
total assets for item 3, which is used for reporting unused 
commitments to provide liquidity to structures reported in item 1 
involving assets sold and securitized by the reporting bank with 
servicing retained or with recourse or other seller-provided credit 
enhancements.
    (c) Consolidate ownership (or seller's) interests carried as 
securities and loans, which are reported in items 6.a and 6.b, 
respectively, into a single new item 6. The agencies also propose to 
create a reporting threshold of $10 billion or more in total assets 
for reporting this new combined item 6.
    (d) Remove items 7.a and 7.b, which contain loan amounts 
included in ownership (or seller's) interests carried as securities 
that are 30-89 days past due and 90 days or more past due, 
respectively.
    (e) Remove items 8.a and 8.b, which contain charge-offs and 
recoveries, respectively, on loan amounts included in the ownership 
(or seller's) interests carried as securities that are currently 
reported in item 6.a.
    (f) Consolidate columns B and C of item 9, which contain the 
maximum amount of credit exposure arising from credit enhancements 
in the form of standby letters of credit, purchased subordinated 
securities, and other enhancements provided by the reporting 
institution to other institutions' securitization structures, into 
existing column G. The activities covered in columns B and C pertain 
to home equity lines and credit card receivables, respectively. The 
amounts previously reported in columns B and C would be included in 
column G, ``All other loans, all leases, and all other assets.''
    (g) Create a reporting threshold of $10 billion or more in total 
assets for reporting unused commitments to provide liquidity to 
other institutions' securitization structures in item 10. The 
agencies also propose to consolidate columns B and C of item 10 into 
existing column G. The activities covered in columns B and C pertain 
to home equity lines and credit card receivables, respectively. The 
amounts previously reported in columns B and C by institutions with 
$10 billion or more in total assets would be included in column G, 
``All other loans, all leases, and all other assets.''
    (h) Consolidate columns B through F of item 11, which contain 
assets sold with recourse or other seller-provided credit 
enhancements and not securitized, into existing column G. The 
activities covered in columns B through F pertain to home equity 
lines, credit card receivables, auto loans, other consumer loans, 
and commercial and industrial loans, respectively. The amounts 
previously reported in columns B through F would be included in 
column G, ``All other loans, all leases, and all other assets.''
    (i) Consolidate columns B through F of item 12, which contain 
the maximum amount of credit exposure arising from recourse or other 
seller-provided credit enhancements on assets sold with recourse or 
other seller-provided credit enhancements and not securitized, into 
existing column G. The activities covered in columns B through F 
pertain to home equity lines, credit card receivables, auto loans, 
other consumer loans, and commercial and industrial loans, 
respectively. The amounts previously reported in columns B through F 
would be included in column G, ``All other loans, all leases, and 
all other assets.''
    (j) Remove Memorandum items 1.a. and 1.b which contain the 
outstanding principal balance and the amount of retained recourse, 
respectively, on small business obligations transferred with 
recourse under Section 208 of the Riegle Community Development and 
Regulatory Improvement Act of 1994. The amounts previously reported 
in these two memorandum items would be included in items 1 and 2 
(column F) or items 11 and 12 (column G) depending on whether the 
obligations that had been sold were securitized or not securitized, 
respectively.
    (k) Create a reporting threshold of $10 billion or more in total 
assets for reporting detail on ABCP conduits in Memorandum items 
3.a.(1) through 3.b.(2), and the amount of outstanding credit card 
fees and finance charges included in credit card receivables sold 
and securitized with servicing retained or with recourse or other 
seller-provided credit enhancements in Memorandum item 4. To 
complete Memorandum item 4, an institution with $10 billion or more 
in total assets would also need to meet one of the existing criteria 
for reporting this information, i.e., the institution, together with 
affiliated institutions, has outstanding credit card receivables 
that exceed $500 million as of the report date, or the institution 
is a credit card specialty bank as defined for UBPR purposes.
Schedule RC-T
    With respect to Schedule RC-T of the FFIEC 031, the agencies 
propose to increase the reporting threshold for reporting the 
components of fiduciary and related services income. For institutions 
with total fiduciary assets greater than $100 million but less than or 
equal to $250 million that do not meet the fiduciary income test for 
quarterly reporting,\14\ the agencies propose to no longer require the 
reporting of items 14 through 26. There would be no change to the 
reporting requirements applicable to items 14 through 26 for all other 
institutions. The agencies no longer need the current level of detail 
on fiduciary and related services income from institutions with less 
than $250 million in total fiduciary assets that do not meet the 
fiduciary income test.
---------------------------------------------------------------------------

    \14\ An institution does not meet the fiduciary income test if 
its gross fiduciary and related services income was less than or 
equal to 10 percent of revenue (net interest income plus noninterest 
income) for the preceding calendar year.
---------------------------------------------------------------------------

    In addition, the agencies propose to add a reporting threshold for 
reporting the number and market value of collective investment funds 
and common trust funds by type of fund in Memorandum items 3.a through 
3.g. For institutions at which these funds have a total market value of 
less than $1 billion (as of the preceding December 31), the agencies 
propose to no longer require the reporting of Memorandum items 3.a 
through 3.g. Such institutions would report only the total number and 
market value of their collective investment funds and common trust 
funds in Memorandum item 3.h. Institutions at which the total market 
value of their collective investment funds and common trust funds is $1 
billion or more would continue to report Memorandum items 3.a through 
3.h. The agencies no longer need the current level of detail on 
collective investment funds and common trust funds in the Call Report 
from institutions at which the total market value of these funds is 
less than $1 billion.
Schedule RC-V
    With respect to Schedule RC-V of the FFIEC 031, the agencies 
propose to consolidate information collected on consolidated VIEs used 
as ABCP conduits (column B) and other VIEs (column C) for all items 
into a single column B covering all VIEs other than those used as 
securitization vehicles (which will continue to be reported in column 
A). In lieu of the detailed breakdown of assets and liabilities of ABCP 
conduit VIEs currently reported in column B, the agencies propose to 
collect data on the total assets and total liabilities of such VIEs in 
new items 5 and 6, respectively. For these ABCP conduit VIEs, the total 
assets item would include the assets that can be used only to settle 
these VIEs' obligations, which are currently reported in items 1.a 
through 1.k, column B, and all other assets of these VIEs, which are 
currently reported in item 3, column B; the total liabilities items 
would include these VIEs' liabilities for which creditors do not have 
recourse to the general credit of the reporting bank, which are 
currently reported in items 2.a through 2.e, column B, and all other 
liabilities of these VIEs, which are currently reported in item 4, 
column B.
    In the two columns of Schedule RC-V that would remain, the agencies 
also propose to consolidate the VIE information on held-to-maturity and 
available-for-sale securities in items 1.b

[[Page 51917]]

and 1.c into a single new item 1.b; loans and leases held for sale, 
loans and leases held for investment, and the allowance for loan and 
leases losses in items 1.e through 1.g into a single new item 1.c; and 
commercial paper and other borrowed money in items 2.c and 2.d into a 
single new item 2.a. In addition, the agencies propose to remove the 
VIE detail on securities purchased under agreements to resell in item 
1.d, trading assets (other than derivatives) in item 1.h, and 
derivative trading assets in item 1.i. The data currently reported in 
these items would be included in existing item 1.k for other assets, 
which would be renumbered as item 1.e. The agencies also propose to 
remove the VIE detail on securities sold under agreements to repurchase 
in item 2.a and derivative trading liabilities in item 2.b; these items 
would be included in existing item 2.e for other liabilities, which 
would be renumbered as item 2.b. The agencies propose to consolidate 
and remove these items because they no longer need the current level of 
detail on consolidated VIEs in the Call Report.

IV. Timing

    The agencies propose to make the changes in this notice effective 
beginning with the June 30, 2018, Call Report. The agencies invite 
comment on any difficulties that institutions would expect to encounter 
in implementing the systems and process changes necessary to 
accommodate the proposed revisions to the FFIEC 051, FFIEC 041, and 
FFIEC 031 as of this proposed effective date.
    The specific wording of the captions for the new or revised Call 
Report data items discussed in this proposal and the numbering of these 
data items should be regarded as preliminary.

V. Request for Comment

    Public comment is requested on all aspects of this joint notice. 
Comment is specifically invited on:
    (a) Whether the proposed revisions to the collections of 
information that are the subject of this notice are necessary for the 
proper performance of the agencies' functions, including whether the 
information has practical utility;
    (b) The accuracy of the agencies' estimates of the burden of the 
information collections as they are proposed to be revised, including 
the validity of the methodology and assumptions used;
    (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 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.
    Comments submitted in response to this joint notice will be shared 
among the agencies. All comments will become a matter of public record.

Appendix A

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

Schedule RI-A (Changes in Bank Equity Capital)

    Schedule RI-A collects detailed information about specified 
categories of changes in an institution's equity capital during the 
calendar year to date. In general, these categories are aligned with 
categories typically reported on a basic statement of changes in 
equity in a set of financial statements prepared under U.S. 
generally accepted accounting principles (GAAP).
    The FFIEC member entities' examiners use the Schedule RI-A 
information in their off-site reviews to identify and understand the 
sources of any significant changes in an institution's capital 
accounts. Information on dividends declared as a percentage of net 
income reveals the extent to which capital is being augmented 
through earnings retention, which is the principal source of capital 
for most institutions. The banking agencies may be aware of some 
capital transactions reported in Schedule RI-A due to licensing 
requirements. However, for many other transactions directly 
affecting capital such as dividends declared and transactions with a 
parent holding company, Schedule RI-A may be the only source of 
information on changes in capital aside from an on-site examination. 
Even for capital transactions that require prior agency approval, 
the information reported in Schedule RI-A serves as confirmation 
that the institution successfully completed the transaction (such as 
issuing new stock or redeeming existing preferred stock). The 
agencies also use the information on this schedule as a starting 
point for reviewing compliance with statutory or regulatory 
restrictions on dividends or holding company transactions.
    The FDIC uses data items from Schedule RI-A in its estimates of 
losses from failures of insured depository institutions, which 
affects the FDIC's loss reserve and the resulting level of the 
balance in the Deposit Insurance Fund.

Schedule RI-C (Disaggregated Data on the Allowance for Loan and 
Lease Losses) [FFIEC 031 and FFIEC 041 only]

    Schedule RI-C provides information on the components of the 
allowance for loan and lease losses (ALLL) by loan category 
disaggregated on the basis of a reporting institution's impairment 
measurement method and the related recorded investment in loans 
(and, as applicable, leases) held for investment for institutions 
with $1 billion or more in total assets. The information required to 
be reported in Schedule RI-C is consistent with disclosures required 
under existing U.S. GAAP in Financial Accounting Standards Board 
(FASB) Accounting Standards Codification (ASC) paragraphs 310-10-50-
11B(g) and (h).
    By providing this level of detail on an individual institution's 
overall ALLL, which supports the identification of changes in its 
components over time, examiners can better perform off-site 
monitoring of activity within the ALLL in periods between 
examinations and when planning for examinations. Thus, the Schedule 
RI-C information enables examiners and agency analysts to determine 
whether the institution is releasing loan loss allowances in some 
loan categories and building allowances in others. Furthermore, 
changes from period to period in the volume of individually 
evaluated loans that have been determined to be impaired in each 
loan category, and the allowance allocations to these impaired 
loans, provide examiners and analysts with an indicator of trends in 
the institution's credit quality. This understanding is critical to 
the agencies since the ALLL, and the direction of changes in its 
composition, is one of the key factors in determining an 
institution's financial condition.
    The detailed ALLL information collected in Schedule RI-C allows 
the agencies to more finely focus efforts related to the analysis of 
the ALLL and credit risk management. By reviewing the data collected 
in Schedule RI-C on allowance allocations by loan category in 
conjunction with the past due and nonaccrual data reported by loan 
category (in Schedule RC-N) that are used in a general assessment of 
an institution's credit risk exposures, the agencies can better 
evaluate whether the overall level of its ALLL, and its allocations 
by loan category, appear appropriate or whether supervisory follow-
up is warranted. Together, the ALLL information and past due and 
nonaccrual data factor into the assessment of the Asset Quality 
component of the CAMELS rating.\15\ As an example, by using the 
detailed information on the ALLL allocated to commercial real estate 
(CRE) loans, examiners and analysts can better understand how 
institutions with CRE concentrations are building or releasing 
allowances, the extent of ALLL coverage in relation to their CRE 
portfolios, and how this might differ among institutions.
---------------------------------------------------------------------------

    \15\ CAMELS is an acronym that represents the ratings from six 
essential components of an institution's financial condition and 
operations: Capital adequacy, asset quality, management, earnings, 
liquidity, and sensitivity to market risk. These components 
represent the primary areas evaluated by examiners during 
examinations of institutions.
---------------------------------------------------------------------------

    Schedule RI-C also assists the agencies in understanding 
industry trends related to the build-up or release of allowances for 
specific loan categories. The information supports comparisons of 
ALLL levels by loan category, including the identification of 
differences in ALLL allocations by institution size. Understanding 
how institutions' ALLL practices and allocations differ over time 
for

[[Page 51918]]

particular loan categories as economic conditions change provides 
insight that can be used to more finely tune supervisory procedures 
and policies.

Schedule RC-A (Cash and Balances Due from Depository Institutions) 
[FFIEC 031 and FFIEC 041 only]

    Schedule RC-A provides data on currency and coin, cash items, 
balances due from U.S. and foreign depository institutions, and 
balances due from Federal Reserve Banks. This information, 
particularly from larger institutions, is utilized for monetary 
policy purposes and liquidity analysis purposes.
    For monetary policy purposes, information from Schedule RC-A is 
needed for analysis of the relationship between institutions' cash 
assets and the federal funds market, and in the construction of the 
monetary aggregates and weekly estimates of cash assets. The Board, 
in conducting monetary policy, monitors shifts between cash accounts 
and federal funds as a measure of the effectiveness of policy 
initiatives. For example, differences in interest rates paid on 
balances due from Federal Reserve Banks compared to those available 
in the federal funds market cause shifts in the relative volumes of 
funds institutions hold in their Federal Reserve Bank accounts and 
federal funds sold. This can be seen in the significant shrinkage in 
the federal funds market over the past ten years that has been 
offset by increases in cash assets held. As monetary policy 
normalizes and rates in the federal funds market increase, data in 
Schedule RC-A will allow the Board to analyze how cash assets would 
change as the federal funds market responds to the movement in 
rates.
    Schedule RC-A data also serve as inputs into the construction of 
the monetary aggregates and in deriving estimates of cash assets on 
a weekly frequency. Cash items reported in item 1 are utilized as 
netting components in constructing the monetary aggregates. Items 
for cash and balances due from depository institutions are utilized 
to benchmark comparable weekly data collected by the Board from a 
sample of both small and large depository institutions. These weekly 
estimates provide timely input for more effective monitoring of 
institutions' cash asset positions.
    Schedule RC-A provides information about the most liquid balance 
sheet accounts available to satisfy unexpected cash outflows. Thus, 
information reported on balances due from depository institutions, 
including those representing correspondent banking balances, are a 
key element in the agencies' analysis of an institution's management 
of liquidity risk. Such balances serve to pay the institution's 
daily cash letters and must be maintained at sufficient levels to 
cover these obligations in the normal course of business. At the 
same time, information from Schedule RC-A is particularly important 
for the agencies' evaluations of an institution's ability to 
effectively respond to liquidity stress. Although other balance 
sheet assets, such as debt securities, are secondary sources of 
liquidity under normal operating conditions, examiners consider the 
availability of on-balance sheet cash and due from balances under a 
highly stressed operating environment. Given the volatility of 
liability funding sources, agency supervisory staff assess the 
demands of a potential liquidity crisis in comparison to the 
availability of funds from due from balances. Because the amount of 
liquid assets that an institution should maintain is a function of 
the stability of its funding structure and the risk characteristics 
of its balance sheet and off-balance sheet activities, examiners 
monitor the level of cash and due from balances, and changes therein 
from period to period, by using data from Schedule RC-A as part of 
their off-site analyses of liquidity risk. The results of these 
analyses may influence the supervisory strategy for an institution 
and is an input into examination planning activities necessary for 
scoping and staffing the evaluation of liquidity and funds 
management during examinations.
    The separate breakout of balances due from banks in foreign 
countries and foreign central banks in Schedule RC-A also aids the 
agencies in assessing liquidity risk arising from additional or 
distinct banking laws and regulations in foreign countries and in 
evaluating the currency risk and country risk associated with these 
balances.

Schedule RC-F (Other Assets)

    Schedule RC-F collects a breakdown of assets not reported in 
other balance sheet asset categories, such as deferred tax assets, 
equity securities without readily determinable fair values, and life 
insurance assets. This information is used in off-site monitoring 
and for pre-examination planning. A trend of rapid growth in or a 
significant change in the reported amount of an individual category 
of other assets that is identified through off-site monitoring may 
represent an area of potential concern or heightened risk and 
require further review and assessment, either upon identification or 
at the next examination.
    For example, a significant increase in the level of accrued 
interest receivable may be indicative of deterioration in the 
repayment capacity of an institution's borrowers or a relaxation of 
management's loan collection policies and practices, which would 
signal an increase in overall credit risk. Growth in the amount of 
net deferred tax assets, particularly at an institution with 
cumulative losses in recent years, raises questions about the 
realizability of these assets and whether the need for a valuation 
allowance has been properly assessed. The importance of ensuring the 
appropriateness of the reported amount of these assets is also tied 
to the deductions and limits that apply to deferred tax assets under 
the agencies' regulatory capital rules. Examiners use information on 
the volume of interest-only strips receivable in their pre-
examination scoping of an institution's interest rate risk to 
determine the extent of this risk in preparation for an on-site 
assessment. Because bank-owned life insurance exposes an institution 
to liquidity, operational, credit, interest rate, and other risks, 
examiners need to identify significant holdings of life insurance 
assets and growth in such holdings. In these circumstances, 
examiners evaluate management's adherence to prudent concentration 
limits for life insurance assets and management's performance of 
comprehensive assessments of the risks of these assets, either on an 
off-site basis or during examinations.
    Information on those individual components of all other assets 
that exceed the Schedule RC-F disclosure threshold helps examiners 
evaluate the significance of these items to the overall composition 
of the balance sheet and identify risk exposures associated with 
these assets. For example, when examiners find the reported amount 
of repossessed assets at an institution to be increasing, these 
data, taken together with data on the volume of past due and 
nonaccrual loans reported in Schedule RC-N, may signal credit 
deterioration and the need for examiner follow-up with management. 
Data on repossessed assets also are used for the scoping of targeted 
consumer compliance examinations, particularly with respect to auto 
loan origination and servicing.
    Data on accrued interest receivable also are used in the FDIC's 
model that estimates losses arising from the failure of problem 
institutions, which affects the measurement of the balance of the 
Deposit Insurance Fund.

Schedule RC-G (Other Liabilities)

    Schedule RC-G collects a breakdown of liabilities not reported 
in other balance sheet liability categories, such as interest 
accrued and unpaid on deposits, net deferred tax liabilities, and 
the allowance for credit losses on off-balance sheet exposures. As 
with the other assets data collected in Schedule RC-F, information 
reported in Schedule RC-G is used in off-site monitoring and for 
pre-examination planning. A trend of rapid growth in or a 
significant change in the reported amount of an individual category 
of other liabilities that is identified through off-site monitoring 
may represent an area of potential concern or heightened risk and 
require further review and assessment, either upon identification or 
at the next examination.
    For example, a significant increase or decrease in the interest 
accrued and unpaid on deposits would warrant examiner follow-up to 
determine the cause for this change from previous levels because it 
could indicate a change in an institution's funding strategy with a 
consequential effect on its future earnings and its interest rate 
risk exposure. Examiner assessments of material increases in the 
allowance for off-balance sheet credit exposures are performed to 
determine whether this reflects credit quality deterioration on the 
part of existing customers to whom credit has been extended, a 
loosening of underwriting practices for granting or renewing lines 
of credit, or other factors, especially at banks with significant 
credit card operations or other unfunded commitments.
    Information on those individual components of all other 
liabilities that exceed the Schedule RC-G disclosure threshold helps 
examiners evaluate the significance of these items to the overall 
composition of the balance sheet and identify risk exposures 
associated with these liabilities. For example, an increase in the 
amount of derivatives with negative fair values, considering changes 
in

[[Page 51919]]

the notional amounts of derivatives reported in Schedule RC-L (on 
the FFIEC 031 or FFIEC 041) or Schedule SU (on the FFIEC 051), would 
lead to examiner review of an institution's hedging activities and 
their effectiveness in offsetting identified hedged risks or its 
strategy for entering into derivatives transactions for purposes 
other than hedging because of the resulting negative impact on 
earnings. Because deferred compensation liabilities create funding 
obligations, growth in the amount of these liabilities that triggers 
disclosure in Schedule RC-G warrants examiner review to ensure that 
management is properly planning for the funding mechanisms to be 
used to satisfy these compensation arrangements.
    Data on interest accrued and unpaid on deposits also are used in 
the FDIC's model that estimates losses arising from the failure of 
problem institutions, which affects the measurement of the Deposit 
Insurance Fund.

Schedule RC-H (Selected Balance Sheet Items for Domestic Offices) 
[FFIEC 031 Only]

    Schedule RC-H provides data on selected balance sheet items held 
in domestic offices only, and complements domestic office 
information collected in Schedule RC-C, Part I (Loans and Leases), 
Column B, and in Schedule RC-A (Cash and Balances Due from 
Depository Institutions), Column B. This domestic office level 
information is utilized for monetary policy and supervisory risk 
assessment purposes.
    In general, Board policymakers set U.S. monetary policy to 
influence economic activity and financial market conditions in the 
United States. The domestic office components of the balance sheet 
items in Schedule RC-H and elsewhere in the Call Report are used in 
this context to assess credit availability, banks' funding patterns, 
liquidity, and investment strategies in the United States. For 
example, if the level of an institution's consolidated holdings of 
U.S. Treasury securities were increasing, but upon further review a 
significant portion of the growth reflected a rise in the amount of 
the institution's securities that are held in its foreign offices, 
such growth would not constitute direct support of either increased 
liquidity or a change in investment strategy at the institution's 
domestic offices. Moreover, in that case, such growth would not 
constitute an increase in the Board's U.S. bank credit aggregate, 
which is based on domestic-office-only holdings of institutions' 
securities and loans. Without the domestic-offices-only component of 
U.S. Treasury securities, the interpretation of increases in such 
securities holdings would be unnecessarily complicated; it would 
otherwise be unclear to policymakers, analysts, and others whether 
such growth had in fact reflected stimulation of the U.S. economy in 
the form of U.S. bank credit.
    For institutions with foreign and domestic operations, the 
division of assets and funding between foreign and domestic 
components is a key element of an institution's risk profile. For 
example, the levels of funding and assets at such an institution 
that are subject to potentially more restrictive foreign laws and 
regulations and to currency risk and other transactional risks 
define a major portion of the institution's risk profile. In 
addition, data on the volume of assets and liabilities by balance 
sheet category in domestic versus foreign offices is essential for 
planning and staffing examinations of institutions with foreign 
offices.

Schedule RC-I (Assets and Liabilities of IBFs) [FFIEC 031 Only]

    Schedule RC-I requires the reporting, on a fully consolidated 
basis, of the total assets and liabilities of all International 
Banking Facilities (IBFs) established by the reporting institution, 
i.e., including any IBFs established by the institution itself or by 
its Edge or Agreement subsidiaries. An IBF is a set of asset and 
liability accounts, segregated on the books and records of the 
establishing entity, which reflect permitted international 
transactions. IBF activities are essentially limited to accepting 
deposits from and extending credit to foreign residents (including 
banks), other IBFs, and the institutions establishing the IBF. The 
general purpose of the collection of these two Schedule RC-I data 
items is to aid in the planning of examinations on the risks and 
activities associated with international lending, financing 
instruments, and international banking conducted through an IBF. 
These two data items also serve as high level indicators of 
institutions' engagement in such activities between examinations. 
There is no other source of information on the total assets and 
liabilities of U.S. banking institutions' IBFs.

Schedule RC-P (1-4 Family Residential Mortgage Banking Activities 
in Domestic Offices) [FFIEC 031 and FFIEC 041 only]

    For institutions that meet an activity-based reporting threshold 
associated with their mortgage banking activities in domestic 
offices, Schedule RC-P provides data on their originations, 
purchases, and sales of closed-end and open-end 1-4 family 
residential mortgages during the quarter. Institutions providing 
data in Schedule RC-P also report the amount of closed-end and open-
end 1-4 family residential mortgage loans held for sale or trading 
at quarter-end as well as the noninterest income for the quarter 
from the sale, securitization, and servicing of these mortgage 
loans. For open-end mortgage loans, institutions report the total 
commitment under the line of credit. These data are collected to 
enhance the agencies' ability to monitor the nature and extent of 
institutions' involvement with 1-4 family residential mortgage loans 
as originators, sellers, and servicers of such loans.
    Since mortgage banking accounts for a large source of income at 
many institutions, concentrations of activities in this area pose 
several types of risks. These risks include operational, credit, 
interest rate, and liquidity risks, evaluations of which are 
critical in assigning appropriate CAMELS ratings for an institution. 
Therefore, the agencies monitor and analyze the Schedule RC-P data 
on institutions' mortgage banking activities to support their 
assessments of various risk components of CAMELS ratings. For 
example, 1-4 family residential mortgage banking activities may 
include an institution's obligation to repurchase mortgage loans 
that it has sold or otherwise indemnify the loan purchaser against 
loss due to borrower defaults, loan defects, other breaches of 
representations and warranties, or other reasons, thereby exposing 
the institution to additional risk. To monitor this exposure, 
Schedule RC-P collects data on 1-4 family residential mortgage loan 
repurchases and indemnifications during the quarter as well as 
representation and warranty reserves for such loans that have been 
sold. If off-site analysis of the reported data on repurchases and 
indemnifications reveals substantial increases in recent periods, 
this would be a red flag for supervisory questions about the credit 
and operational risks arising from the institution's mortgage loan 
originations and purchases as well as its ability to fund a higher 
level of loan repurchases going forward than it may be accustomed to 
repurchase. Examiner review of the appropriateness of the level of 
representation and warranty reserves and the institution's 
methodology for estimating the amount of these reserves also would 
be warranted.
    In addition, the data reported in Schedule RC-P are used in the 
ongoing monitoring of the current volume, growth, and profitability 
of institutions' 1-4 family residential mortgage banking activities. 
In this regard, significant growth in these activities over a short 
period of time, particularly in relation to the size of an 
institution, raises supervisory concerns as to whether the 
institution has implemented appropriate risk management processes, 
controls, and governance over its mortgage banking business. The 
extent of the increased level of activity will determine the nature 
and timing of the supervisory follow-up. More generally, for 
examiners, the off-site monitoring of the Schedule RC-S data and 
related metrics and trends provides key information for examination 
scoping and helps determine the allocation of mortgage-banking 
specialists' time during on-site examinations.
    A substantial volume of loans and other assets held for sale in 
a market where the assets may not be able to be readily sold can 
cause significant liquidity strain because of the institution's need 
for funding to carry these assets for a greater length of time than 
had been anticipated. Thus, the agencies use data from Schedule RC-P 
when assessing an institution's liquidity position by monitoring and 
analyzing the extent of mortgages held for sale or trading. If there 
is significant growth in the amount of such mortgage holdings, 
particularly when the Schedule RC-P data reveal larger amounts of 
originations and purchases compared to sales, this would be an 
indicator that the acquired loans are not selling and a basis for 
supervisory follow-up.
    From a consumer compliance perspective, the agencies use 
Schedule RC-P data to monitor mortgage-related metrics for assessing 
potential risks to consumers, and for the scheduling and scoping of 
examinations. Additionally, the agencies rely on Schedule RC-P data 
for assessing an institution's product lines for compliance with the 
Community Reinvestment Act and other fair lending regulations, 
particularly if the institution engages in wholesale originations of 
mortgage loans.

[[Page 51920]]

Schedule RC-Q--Assets and Liabilities Measured at Fair Value on a 
Recurring Basis [FFIEC 031 and FFIEC 041 only]

    FASB ASC Topic 820, Fair Value Measurement, provides guidance on 
how to measure fair value and establishes a three-level hierarchy 
for measuring fair value. This hierarchy prioritizes inputs used to 
measure fair value based on observability, giving the highest 
priority to quoted prices in active markets for identical assets or 
liabilities (Level 1) and the lowest priority to unobservable inputs 
(Level 3).
    Under ASC Subtopic 825-10, Financial Instruments--Overall, ASC 
Subtopic 815-15, Derivatives and Hedging--Embedded Derivatives, and 
ASC Subtopic 860-50, Transfers and Servicing--Servicing Assets and 
Liabilities, an institution may elect to report certain assets and 
liabilities at fair value with changes in fair value recognized in 
earnings. This election is generally referred to as the fair value 
option. Under U.S. GAAP, certain other assets and liabilities are 
required to be measured at fair value on a recurring basis.
    Institutions that have elected to apply the fair value option or 
have reported $10 million or more in total trading assets in any of 
the four preceding calendar quarters must report in Schedule RC-Q 
the amount of assets and liabilities, by major categories, that are 
measured at fair value on a recurring basis in the financial 
statements, along with separate disclosure of the amount of such 
assets and liabilities whose fair values were estimated under each 
of the three levels of the FASB's fair value hierarchy.
    Agency staff use the information on assets reported at fair 
value in Schedule RC-Q to calibrate and estimate the impact of 
regulatory capital policy, as well as evaluate contemplated capital 
policy changes. The agencies also use the Schedule RC-Q data 
(particularly the volume of fair value option assets and liabilities 
in relation to total assets and total capital, whether the volume 
has significantly increased, and whether the option has begun to be 
applied to new categories of assets or liabilities) to assist with 
planning the proper scoping and staffing of risk management safety 
and soundness examinations given the critical importance of robust 
risk management and control processes around fair value measurement. 
For available-for-sale securities and fair value option loans, 
agency staff can also compare the fair values reported in Schedule 
RC-Q with the amortized cost and unpaid principal balance, 
respectively, reported for these assets in the Call Report to 
understand the extent and direction of these measurement differences 
and their potential effect on regulatory capital should a 
substantial portion of these assets need to be sold. The agencies 
also use this information to evaluate the extent of Level 3 fair 
value measurements of certain assets and liabilities because of the 
extensive use of unobservable inputs to estimate these fair values, 
as well as to monitor trading asset valuations and shifts in the 
fair value hierarchy valuation levels among trading assets over time 
and across capital markets.
    Information in Schedule RC-Q is also used by agency examination 
staff to analyze capital, asset quality, earnings, and liquidity 
components of CAMELS. The agencies also use data reported in 
Schedule RC-Q in credit risk management tools. Obtaining these data 
on a quarterly basis allows for closer monitoring of credit risk 
changes affecting assets measured at fair value. The data are also 
used to monitor bank performance, emerging trends, and certain 
mortgage servicing assets.

Schedule RC-S (Servicing, Securitization, and Asset Sale 
Activities) [FFIEC 031 and FFIEC 041]

    Schedule RC-S collects data on servicing, securitization, and 
asset sale activities. The majority of these data represents off-
balance sheet activities. The agencies use the data provided in this 
schedule primarily for risk identification and examination scoping 
purposes.
    Exposures reported in Schedule RC-S can affect an institution's 
liquidity outlook. For example, if an institution has a commitment 
to provide liquidity to its own or other institutions' 
securitization structures or has provided credit enhancements in the 
form of recourse or standby letters of credit for assets it has sold 
or securitized, the agencies need to consider such funding 
commitments to properly monitor and assess the full scope of an 
institution's liquidity position. This schedule also captures past 
due amounts for loans the reporting institution has sold and 
securitized on which it has retained servicing or has provided 
recourse or other credit enhancements. This past due information, 
and trends in the past due amounts, are critical to the agencies' 
ability to evaluate the credit quality of the underlying assets in 
securitization structures on an off-site basis and timely identify 
any credit quality deterioration for supervisory follow-up, 
including, if applicable, the effect of increased servicing costs on 
current and forecasted earnings. Defaulting assets underlying 
securitization structures played a major role during the recent 
financial crisis, so it is imperative the agencies have the 
information necessary to continuously monitor the performance of 
these assets.
    The agencies also use Schedule RC-S data to analyze whether an 
institution has adequate capital to cover losses arising from 
liquidity commitments or recourse obligations if the underlying 
assets in securitizations begin to default, especially in the event 
of an economic downturn. In addition, on an industry-wide basis, 
changes in the level of activity reported in the various items of 
this schedule enables the agencies to identify emerging trends 
within the securitization sector, which supports the development, as 
needed, of supervisory policies and related guidance for 
institutions and examiners.
    Schedule RC-S is also used by the agencies to prepare for on-
site examinations. Specifically, the level of activity reported in 
Schedule RC-S helps the agencies make examination resource 
decisions, such as whether capital markets or consumer compliance 
specialists are needed on-site. (Consumer compliance regulations 
apply to loans an institution continues to service after sale or 
securitization.) For example, in the event there are increasing 
amounts of past due loans that an institution has sold and 
securitized, additional resources can be allocated to examining the 
institution's lending policies and practices and internal controls.

Schedule RC-T (Fiduciary and Related Services)

    Schedule RC-T collects data on fiduciary assets and accounts, 
income generated from those accounts and other fiduciary services, 
and related fiduciary activities. The amount of data reported in 
Schedule RC-T and the frequency of reporting varies depending on an 
institution's total fiduciary assets and its fiduciary income. The 
most detail, including income information, is provided quarterly by 
institutions that have more than $250 million in fiduciary assets or 
meet a fiduciary income test; other trust institutions report less 
information in Schedule RC-T annually as of December 31.
    Trust services are an integral part of the banking business for 
more than 20 percent of all institutions. The granularity of the 
data in Schedule RC-T, especially for the types of managed assets 
held in fiduciary accounts, aids the agencies in determining the 
complexity of an institution's fiduciary services risk profile. 
Furthermore, the agencies use Schedule RC-T data to monitor changes 
in the volume and character of discretionary trust activity and the 
volume of nondiscretionary trust activity at a trust institution, 
which facilitates their assessment of the nature and risks of the 
institution's fiduciary activities. The institution's risk profile 
in these areas is considered during pre-examination planning to 
determine the appropriate scoping and staffing for trust 
examinations.
    The Schedule RC-T data also are used when examiners consider the 
ratings to be assigned to trust institutions under the Uniform 
Interagency Trust Rating System (UITRS). The UITRS considers certain 
managerial, operational, financial, and compliance factors that are 
common to all institutions with fiduciary activities. Under this 
system, the supervisory agencies endeavor to ensure that all 
institutions with fiduciary activities are evaluated in a 
comprehensive and uniform manner, and that supervisory attention is 
appropriately focused on those institutions exhibiting weaknesses in 
their fiduciary operations.
    Schedule RC-T provides a breakdown of the amount and number of 
managed and non-managed accounts by the types of different trust 
accounts. Personal trusts, employee benefit trusts, and corporate 
trusts are reported separately because of their substantive 
differences in nature and risk. Having a detailed breakdown between 
managed and non-managed accounts is critical because managed 
accounts have greater levels of investment, legal, reputational, and 
compliance risks compared to non-managed accounts, and require more 
supervisory oversight. This account information supports examination 
scoping and staffing because the evaluation of different types of 
trust accounts requires differences in expertise.
    Data reported by larger trust institutions on fiduciary and 
related services income and on

[[Page 51921]]

fiduciary settlements, surcharges, and other losses provide 
information on the overall profitability of the institution's 
fiduciary activities and supports the assessment of the Earnings 
component of the UITRS rating. These assessments consider such 
factors as the profitability of fiduciary activities in relation to 
the size and scope of the institution's trust product lines and its 
overall trust business. In addition, fiduciary settlements, 
surcharges, and other losses signal mishandling, operational 
failure, or fraud, which pose higher than normal risk exposure to 
the institution and raise questions for supervisory follow-up about 
the effectiveness of the institution's controls over its fiduciary 
activities. These data also are monitored off-site and used to make 
interim rating changes in the UITRS Earnings rating between 
scheduled examinations.
    Data in the Schedule RC-T Memorandum items include the market 
values of managed assets held in fiduciary accounts by type of 
account and asset class and the number of collective investment 
funds and common trust funds and the market value of fund assets by 
type of fund. The exercise of investment discretion adds a 
significant element of risk to the administration of managed 
fiduciary accounts. The breakdowns by asset class and type of fund 
enable the agencies to monitor trends, both on a trust industry-wide 
basis and an individual trust institution basis, in how institutions 
with investment discretion are investing the assets of managed 
accounts and investment funds. The market value breakdowns of 
managed assets by asset class provide an indicator of complexity by 
separating more complex and hard-to-value assets that carry higher 
levels of risk from those assets that pose less risk. These data 
also contribute to effective examination scoping and staffing so 
that trust examiners can be assigned, and their time allocated, to 
examining those more complex and higher risk activities in which 
they have expertise. For example, the separately reported managed 
asset classes of real estate mortgages and real estate are 
distinctly different asset classes with different risk and return 
profiles, cash flows, and liquidity characteristics. Thus, 
concentrations in either of these asset classes may inform the 
supervisory strategy for managed fiduciary accounts, including the 
level of specialized expertise that may be required when there are 
concentrations in these asset classes.
    Trust institutions also report the number of corporate and 
municipal debt issues for which the institution serves as trustee 
that are in substantive default and the outstanding principal amount 
of these debt issues. A substantive default occurs when the issuer 
fails to make a required payment of interest or principal, defaults 
on a required payment into a sinking fund, or is declared bankrupt 
or insolvent. The occurrence of a substantive default significantly 
raises the risk profile for the institution serving as an indenture 
trustee of a defaulted issue and can result in the incurrence of 
significant expenses and the distraction of managerial time and 
attention from other areas of trust administration. Thus, by 
monitoring the corporate trust data reported in Schedule RC-T 
between examinations, the agencies are able to identify changes in 
the risk profile of institutions acting as indenture trustees for 
timely supervisory follow-up and appropriate examination scoping and 
staffing.
    The existence of fiduciary activities reported in Schedule RC-T 
may result in scoping certain areas of review into a consumer 
compliance examination, such as privacy and incentive-based cross-
selling. The schedule also contains essential information for 
statistical and analytical purposes, including calculating the OCC 
assessments for independent trust banks.

Schedule RC-V (Variable Interest Entities) [FFIEC 031 and FFIEC 041 
only]

    Schedule RC-V collects information on an institution's 
consolidated variable interest entities (VIEs) as defined by FASB 
ASC Topic 810, Consolidation. The data are used in determining the 
extent to which an institution's VIEs have been created as 
securitization vehicles to pool and repackage mortgages, other 
assets, or other credit exposures into securities that have been or 
can be transferred to investors or for other purposes. Examiners and 
reviewers can quantify the level of cash and noninterest-bearing 
balances, securities, loans, and other assets as well as liabilities 
tied to VIEs that are reflected in the amounts reported in the 
corresponding asset and liability categories on the parent 
institution's consolidated balance sheet. While securitization 
activities present many risks, the data on VIEs are particularly 
useful for monitoring and examining credit risk or the risk to 
earnings performance from the VIEs' activities. Depending on the 
volume of an institution's VIEs, VIE assets that can be used only to 
settle obligations of the consolidated VIEs can also impact off-site 
assessments of the parent institution's liquidity position given the 
restrictions on the use of the VIEs' assets for borrowing purposes. 
Thus, the analysis of amounts reported in Schedule RC-V assists with 
planning the proper scoping and staffing of examinations of 
institutions with activities conducted through VIEs.

Appendix B

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

Data Items Removed, Other Impacts to Data Items, or New or Increased 
Reporting Threshold

Data Items Removed

                   Schedule RC-A, Cash and Balances Due From Depository Institutions, Removed
----------------------------------------------------------------------------------------------------------------
       Schedule                  Item                  Item name                         MDRM No.
----------------------------------------------------------------------------------------------------------------
RC-B..................  4.a.(1)...............  Residential mortgage     RCONG300, RCONG301, RCONG302, RCONG303.
                                                 pass-through
                                                 securities: Guaranteed
                                                 by GNMA (Columns A
                                                 through D).
RC-B..................  4.a.(2)...............  Residential mortgage     RCONG304, RCONG305, RCONG306, RCONG307.
                                                 pass-through
                                                 securities: Issued by
                                                 FNMA and FHLMC
                                                 (Columns A through D).
                                                Note: Items 4.a.(1) and
                                                 4.a.(2) of Schedule RC-
                                                 B will be combined
                                                 into one data item
                                                 (new item 4.a).
RC-F..................  3.a...................  Interest-only strips     RCONA519.
                                                 receivable (not in the
                                                 form of a security) on
                                                 mortgage loans.
RC-F..................  3.b...................  Interest-only strips     RCONA520.
                                                 receivable (not in the
                                                 form of a security) on
                                                 other financial assets.
                                                Note: Items 3.a and 3.b
                                                 of Schedule RC-F will
                                                 be combined into one
                                                 data item (new item 3).
RC-F..................  6.d...................  Retained interests in    RCONC436.
                                                 accrued interest
                                                 receivable related to
                                                 securitized credit
                                                 cards.
SU....................  8.e...................  Outstanding credit card  RCONC407.
                                                 fees and finance
                                                 charges included in
                                                 retail credit card
                                                 receivables sold and
                                                 securitized with
                                                 servicing retained or
                                                 with recourse or other
                                                 seller-provided credit
                                                 enhancements.
----------------------------------------------------------------------------------------------------------------

Other Impacts to Data Items

[[Page 51922]]



----------------------------------------------------------------------------------------------------------------
       Schedule                  Item                  Item name                         MDRM No.
----------------------------------------------------------------------------------------------------------------
RC-B..................  4.a.(1) (New).........  Residential mortgage     To be determined (TBD)--4 MDRM Numbers.
                                                 pass-through
                                                 securities: Issued or
                                                 guaranteed by FNMA,
                                                 FHLMC, or GNMA
                                                 (Columns A through D).
                                                Note: Items 4.a.(1) and
                                                 4.a.(2) of Schedule RC-
                                                 B will be combined
                                                 into this data item.
RC-F..................  3 (New)...............  Interest-only strips     TBD.
                                                 receivable (not in the
                                                 form of a security).
                                                Note: Items 3.a and 3.b
                                                 of Schedule RC-F
                                                 removed above will be
                                                 combined into this
                                                 data item.
----------------------------------------------------------------------------------------------------------------

Data Items With a New or Increased Reporting Threshold

    Schedule RC-T: Increase the threshold for the exemption from 
reporting Schedule RC-T items 14 through 26 institutions with 
fiduciary assets of $100 million or less to institutions with 
fiduciary assets of $250 million or less (that do not meet the 
fiduciary income test for quarterly reporting).

----------------------------------------------------------------------------------------------------------------
       Schedule                  Item                  Item name                         MDRM No.
----------------------------------------------------------------------------------------------------------------
RC-T..................  14....................  Income from personal     RIADB904.
                                                 trust and agency
                                                 accounts.
RC-T..................  15.a..................  Income from employee     RIADB905.
                                                 benefit and retirement-
                                                 related trust and
                                                 agency accounts:
                                                 Employee benefit--
                                                 defined contribution.
RC-T..................  15.b..................  Income from employee     RIADB906.
                                                 benefit and retirement-
                                                 related trust and
                                                 agency accounts:
                                                 Employee benefit--
                                                 defined benefit.
RC-T..................  15.c..................  Income from employee     RIADB907.
                                                 benefit and retirement-
                                                 related trust and
                                                 agency accounts: Other
                                                 employee benefit and
                                                 retirement-related
                                                 accounts.
RC-T..................  16....................  Income from corporate    RIADA479.
                                                 trust and agency
                                                 accounts.
RC-T..................  17....................  Income from investment   RIADJ315.
                                                 management and
                                                 investment advisory
                                                 agency accounts.
RC-T..................  18....................  Income from foundation   RIADJ316.
                                                 and endowment trust
                                                 and agency accounts.
RC-T..................  19....................  Income from other        RIADA480.
                                                 fiduciary accounts.
RC-T..................  20....................  Income from custody and  RIADB909.
                                                 safekeeping accounts.
RC-T..................  21....................  Other fiduciary and      RIADB910.
                                                 related services
                                                 income.
RC-T..................  22....................  Total gross fiduciary    RIAD4070.
                                                 and related services
                                                 income.
RC-T..................  23....................  Less: Expenses.........  RIADC058.
RC-T..................  24....................  Less: Net losses from    RIADA488.
                                                 fiduciary and related
                                                 services.
RC-T..................  25....................  Plus: Intracompany       RIADB911.
                                                 income credits for
                                                 fiduciary and related
                                                 services.
RC-T..................  26....................  Net fiduciary and        RIADA491.
                                                 related services
                                                 income.
----------------------------------------------------------------------------------------------------------------

    To be completed by banks with collective investment funds and 
common trust funds with a total market value of $1 billion or more 
as of the preceding December 31.

----------------------------------------------------------------------------------------------------------------
       Schedule                  Item                  Item name                         MDRM No.
----------------------------------------------------------------------------------------------------------------
RC-T..................  M3.a..................  Collective investment    RCONB931, RCONB932.
                                                 funds and common trust
                                                 funds: Domestic equity
                                                 (Columns A and B).
RC-T..................  M3.b..................  Collective investment    RCONB933, RCONB934.
                                                 funds and common trust
                                                 funds: International/
                                                 Global equity (Columns
                                                 A and B).
RC-T..................  M3.c..................  Collective investment    RCONB935, RCONB936.
                                                 funds and common trust
                                                 funds: Stock/Bond
                                                 blend (Columns A and
                                                 B).
RC-T..................  M3.d..................  Collective investment    RCONB937, RCONB938.
                                                 funds and common trust
                                                 funds: Taxable bond
                                                 (Columns A and B).
RC-T..................  M3.e..................  Collective investment    RCONB939, RCONB940.
                                                 funds and common trust
                                                 funds: Municipal bond
                                                 (Columns A and B).
RC-T..................  M3.f..................  Collective investment    RCONB941, RCONB942.
                                                 funds and common trust
                                                 funds: Short-term
                                                 investments/Money
                                                 market (Columns A and
                                                 B).
RC-T..................  M3.g..................  Collective investment    RCONB943, RCONB944.
                                                 funds and common trust
                                                 funds: Specialty/Other
                                                 (Columns A and B).
----------------------------------------------------------------------------------------------------------------

Appendix C

FFIEC 041: To Be Completed by Banks With Domestic Offices Only and 
Consolidated Total Assets Less Than $100 Billion, Except Those Banks 
That File the FFIEC 051

Data Items Removed, Other Impacts to Data Items, or New or Increased 
Reporting Threshold

Data Items Removed

[[Page 51923]]



----------------------------------------------------------------------------------------------------------------
       Schedule                  Item                  Item name                         MDRM No.
----------------------------------------------------------------------------------------------------------------
RC-A..................  2.a...................  Balances due from U.S.   RCON0083.
                                                 branches and agencies
                                                 of foreign banks.
RC-A..................  2.b...................  Balances due from other  RCON0085.
                                                 commercial banks in
                                                 the U.S. and other
                                                 depository
                                                 institutions in the
                                                 U.S.
                                                Note: Items 2.a and 2.b
                                                 of Schedule RC-A will
                                                 be combined into one
                                                 data item (new item 2).
RC-A..................  3.a...................  Balances due from        RCON0073.
                                                 foreign branches of
                                                 other U.S. banks.
RC-A..................  3.b...................  Balances due from other  RCON0074.
                                                 banks in foreign
                                                 countries and foreign
                                                 central banks.
                                                Note: Items 3.a and 3.b
                                                 of Schedule RC-A will
                                                 be combined into one
                                                 data item (new item 3).
RC-F..................  3.a...................  Interest-only strips     RCONA519.
                                                 receivable (not in the
                                                 form of a security) on
                                                 mortgage loans.
RC-F..................  3.b...................  Interest-only strips     RCONA520.
                                                 receivable (not in the
                                                 form of a security) on
                                                 other financial assets.
                                                Note: Items 3.a and 3.b
                                                 of Schedule RC-F will
                                                 be combined into one
                                                 data item (new item 3).
RC-F..................  6.d...................  Retained interests in    RCONC436.
                                                 accrued interest
                                                 receivable related to
                                                 securitized credit
                                                 cards.
RC-N..................  M5.b.(1)..............  Loans measured at fair   RCONF664, RCONF665, RCONF666.
                                                 value: Fair value
                                                 (Columns A through C).
RC-N..................  M5.b.(2)..............  Loans measured at fair   RCONF667, RCONF668, RCONF669.
                                                 value: Unpaid
                                                 principal balance
                                                 (Columns A through C).
RC-P..................  1.a...................  Retail originations      RCONF066.
                                                 during the quarter of
                                                 1-4 family residential
                                                 mortgage loans for
                                                 sale: Closed-end first
                                                 liens.
RC-P..................  1.b...................  Retail originations      RCONF067.
                                                 during the quarter of
                                                 1-4 family residential
                                                 mortgage loans for
                                                 sale: Closed-end
                                                 junior liens.
RC-P..................  1.c.(1)...............  Retail originations      RCONF670.
                                                 during the quarter of
                                                 1-4 family residential
                                                 mortgage loans for
                                                 sale: Open-end loans
                                                 extended under lines
                                                 of credit: Total
                                                 commitment under the
                                                 lines of credit.
                                                Note: Items 1.a, 1.b,
                                                 and 1.c.(1) of
                                                 Schedule RC-P will be
                                                 combined into one data
                                                 item (new item 1).
RC-P..................  1.c.(2)...............  Retail originations      RCONF671.
                                                 during the quarter of
                                                 1-4 family residential
                                                 mortgage loans for
                                                 sale: Open-end loans
                                                 extended under lines
                                                 of credit: Principal
                                                 amount funded under
                                                 the lines of credit.
RC-P..................  2.a...................  Wholesale originations   RCONF068.
                                                 and purchases during
                                                 the quarter of 1-4
                                                 family residential
                                                 mortgage loans for
                                                 sale: Closed-end first
                                                 liens.
RC-P..................  2.b...................  Wholesale originations   RCONF069.
                                                 and purchases during
                                                 the quarter of 1-4
                                                 family residential
                                                 mortgage loans for
                                                 sale: Closed-end
                                                 junior liens.
RC-P..................  2.c.(1)...............  Wholesale originations   RCONF672.
                                                 and purchases during
                                                 the quarter of 1-4
                                                 family residential
                                                 mortgage loans for
                                                 sale: Open-end loans
                                                 extended under lines
                                                 of credit: Total
                                                 commitment under the
                                                 lines of credit.
                                                Note: Items 2.a, 2.b,
                                                 and 2.c.(1) of
                                                 Schedule RC-P will be
                                                 combined into one data
                                                 item (new item 2).
RC-P..................  2.c.(2)...............  Wholesale originations   RCONF673.
                                                 and purchases during
                                                 the quarter of 1-4
                                                 family residential
                                                 mortgage loans for
                                                 sale: Open-end loans
                                                 extended under lines
                                                 of credit: Principal
                                                 amount funded under
                                                 the lines of credit.
RC-P..................  3.a...................  1-4 family residential   RCONF070.
                                                 mortgage loans sold
                                                 during the quarter:
                                                 Closed-end first liens.
RC-P..................  3.b...................  1-4 family residential   RCONF071.
                                                 mortgage loans sold
                                                 during the quarter:
                                                 Closed-end junior
                                                 liens.
RC-P..................  3.c.(1)...............  1-4 family residential   RCONF674.
                                                 mortgage loans sold
                                                 during the quarter:
                                                 Total commitment under
                                                 the lines of credit.
                                                Note: Items 3.a, 3.b,
                                                 and 3.c.(1) of
                                                 Schedule RC-P will be
                                                 combined into one data
                                                 item (new item 3).
RC-P..................  3.c.(2)...............  1-4 family residential   RCONF675.
                                                 mortgage loans sold
                                                 during the quarter:
                                                 Principal amount
                                                 funded under the lines
                                                 of credit.
RC-P..................  4.a...................  1-4 family residential   RCONF072.
                                                 mortgage loans held
                                                 for sale or trading at
                                                 quarter-end: Closed-
                                                 end first liens.
RC-P..................  4.b...................  1-4 family residential   RCONF073.
                                                 mortgage loans held
                                                 for sale or trading at
                                                 quarter-end: Closed-
                                                 end junior liens.
RC-P..................  4.c.(1)...............  1-4 family residential   RCONF676.
                                                 mortgage loans held
                                                 for sale or trading at
                                                 quarter-end: Total
                                                 commitment under the
                                                 lines of credit.
                                                Note: Items 4.a, 4.b,
                                                 and 4.c.(1) of
                                                 Schedule RC-P will be
                                                 combined into one data
                                                 item (new item 4).
RC-P..................  4.c.(2)...............  1-4 family residential   RCONF677.
                                                 mortgage loans held
                                                 for sale or trading at
                                                 quarter-end: Principal
                                                 amount funded under
                                                 the lines of credit.
RC-P..................  5.a...................  Noninterest income for   RIADF184.
                                                 the quarter from the
                                                 sale, securitization,
                                                 and servicing of 1-4
                                                 family residential
                                                 mortgage loans: Closed-
                                                 end 1-4 family
                                                 residential mortgage
                                                 loans.
RC-P..................  5.b...................  Noninterest income for   RIADF560.
                                                 the quarter from the
                                                 sale, securitization,
                                                 and servicing of 1-4
                                                 family residential
                                                 mortgage loans: Open-
                                                 end 1-4 family
                                                 residential mortgage
                                                 loans extended under
                                                 lines of credit.
                                                Note: Items 5.a and 5.b
                                                 of Schedule RC-P will
                                                 be combined into one
                                                 data item (new item 5).

[[Page 51924]]

 
RC-P..................  6.a...................  Repurchases and          RCONF678.
                                                 indemnifications of 1-
                                                 4 family residential
                                                 mortgage loans during
                                                 the quarter: Closed-
                                                 end first liens.
RC-P..................  6.b...................  Repurchases and          RCONF679.
                                                 indemnifications of 1-
                                                 4 family residential
                                                 mortgage loans during
                                                 the quarter: Closed-
                                                 end junior liens.
RC-P..................  6.c.(1)...............  Repurchases and          RCONF680.
                                                 indemnifications of 1-
                                                 4 family residential
                                                 mortgage loans during
                                                 the quarter: Total
                                                 commitment under the
                                                 lines of credit.
                                                Note: Items 6.a, 6.b,
                                                 and 6.c.(1) of
                                                 Schedule RC-P will be
                                                 combined into one data
                                                 item (new item 6).
RC-P..................  6.c.(2)...............  Repurchases and          RCONF681.
                                                 indemnifications of 1-
                                                 4 family residential
                                                 mortgage loans during
                                                 the quarter: Principal
                                                 amount funded under
                                                 the lines of credit.
RC-Q..................  2.....................  Federal funds sold and   RCONG478, RCONG479, RCONG480, RCONG481,
                                                 securities purchased     RCONG482.
                                                 under agreements to
                                                 resell (Columns A
                                                 through E).
                                                Note: Item 2 of
                                                 Schedule RC-Q will be
                                                 included in item 6,
                                                 All other assets.
RC-Q..................  9.....................  Federal funds purchased  RCONG507, RCONG508, RCONG509, RCONG510,
                                                 and securities sold      RCONG511.
                                                 under agreements to
                                                 repurchase (Columns A
                                                 through E).
RC-Q..................  11....................  Other borrowed money     RCONG521, RCONG522, RCONG523, RCONG524,
                                                 (Columns A through E).   RCONG525.
RC-Q..................  12....................  Subordinated notes and   RCONG526, RCONG527, RCONG528, RCONG529,
                                                 debentures (Columns A    RCONG530.
                                                 through E).
                                                Note: Items 9, 11 and
                                                 12 of Schedule RC-Q
                                                 will be included in
                                                 item 13, All other
                                                 liabilities.
RC-Q..................  M3.a.(1)..............  Loans measured at fair   RCONF578.
                                                 value: Construction,
                                                 land development, and
                                                 other land loans.
RC-Q..................  M3.a.(2)..............  Loans measured at fair   RCONF579.
                                                 value: Secured by
                                                 farmland.
RC-Q..................  M3.a.(4)..............  Loans measured at fair   RCONF583.
                                                 value: Secured by
                                                 multifamily (5 or
                                                 more) residential
                                                 properties.
RC-Q..................  M3.a.(5)..............  Loans measured at fair   RCONF584.
                                                 value: Secured by
                                                 nonfarm nonresidential
                                                 properties.
                                                Note: Items M3.a.(1),
                                                 M3.a.(2), M3.a.(4),
                                                 and M3.a.(5) of
                                                 Schedule RC-Q will be
                                                 combined into one data
                                                 item (new item
                                                 M3.a.(2)).
RC-Q..................  M3.a.(3)(a)...........  Loans measured at fair   RCONF580.
                                                 value: Revolving, open-
                                                 end loans secured by 1-
                                                 4 family residential
                                                 properties and
                                                 extended under lines
                                                 of credit.
RC-Q..................  M3.a.(3)(b)(1)........  Loans measured at fair   RCONF581.
                                                 value: Closed-end
                                                 loans secured by 1-4
                                                 family residential
                                                 properties: Secured by
                                                 first liens.
RC-Q..................  M3.a.(3)(b)(2)........  Loans measured at fair   RCONF582.
                                                 value: Closed-end
                                                 loans secured by 1-4
                                                 family residential
                                                 properties: Secured by
                                                 junior liens.
                                                Note: Items
                                                 M3.a.(3)(a),
                                                 M3.a.(3)(b)(1), and
                                                 M3.a.(3)(b)(2) of
                                                 Schedule RC-Q will be
                                                 combined into one data
                                                 item (new item
                                                 M3.a.(1)).
RC-Q..................  M3.c.(1)..............  Loans measured at fair   RCONF586.
                                                 value: Credit cards.
RC-Q..................  M3.c.(2)..............  Loans measured at fair   RCONF587.
                                                 value: Other revolving
                                                 credit plans.
RC-Q..................  M3.c.(3)..............  Loans measured at fair   RCONK196.
                                                 value: Automobile
                                                 loans.
RC-Q..................  M3.c.(4)..............  Loans measured at fair   RCONK208.
                                                 value: Other consumer
                                                 loans.
                                                Note: Items M3.c.(1),
                                                 M3.c.(2), M3.c.(3),
                                                 and M3.c.(4) of
                                                 Schedule RC-Q will be
                                                 combined into one data
                                                 item (new item M3.c).
RC-Q..................  M4.a.(1)..............  Unpaid principal         RCONF590.
                                                 balance of loans
                                                 measured at fair
                                                 value: Construction,
                                                 land development, and
                                                 other land loans.
RC-Q..................  M4.a.(2)..............  Unpaid principal         RCONF591.
                                                 balance of loans
                                                 measured at fair
                                                 value: Secured by
                                                 farmland.
RC-Q..................  M4.a.(4)..............  Unpaid principal         RCONF595.
                                                 balance of loans
                                                 measured at fair
                                                 value: Secured by
                                                 multifamily (5 or
                                                 more) residential
                                                 properties.
RC-Q..................  M4.a.(5)..............  Unpaid principal         RCONF596.
                                                 balance of loans
                                                 measured at fair
                                                 value: Secured by
                                                 nonfarm nonresidential
                                                 properties.
                                                Note: Items M4.a.(1),
                                                 M4.a.(2), M4.a.(4),
                                                 and M4.a(5) of
                                                 Schedule RC-Q will be
                                                 combined into one data
                                                 item (new item
                                                 M4.a.(2)).
RC-Q..................  M4.a.(3)(a)...........  Unpaid principal         RCONF592.
                                                 balance of loans
                                                 measured at fair
                                                 value: Revolving, open-
                                                 end loans secured by 1-
                                                 4 family residential
                                                 properties and
                                                 extended under lines
                                                 of credit.
RC-Q..................  M4.a.(3)(b)(1)........  Unpaid principal         RCONF593.
                                                 balance of loans
                                                 measured at fair
                                                 value: Closed-end
                                                 loans secured by 1-4
                                                 family residential
                                                 properties: Secured by
                                                 first liens.
RC-Q..................  M4.a.(3)(b)(2)........  Unpaid principal         RCONF594.
                                                 balance of loans
                                                 measured at fair
                                                 value: Closed-end
                                                 loans secured by 1-4
                                                 family residential
                                                 properties: Secured by
                                                 junior liens.
                                                Note: Items
                                                 M4.a.(3)(a),
                                                 M4.a.(3)(b)(1), and
                                                 M4.a.(3)(b)(2) of
                                                 Schedule RC-Q will be
                                                 combined into one data
                                                 item (new item
                                                 M4.a.(1)).
RC-Q..................  M4.c.(1)..............  Unpaid principal         RCONF598.
                                                 balance of loans
                                                 measured at fair
                                                 value: Credit cards.
RC-Q..................  M4.c.(2)..............  Unpaid principal         RCONF599.
                                                 balance of loans
                                                 measured at fair
                                                 value: Other revolving
                                                 credit plans.
RC-Q..................  M4.c.(3)..............  Unpaid principal         RCONK195.
                                                 balance of loans
                                                 measured at fair
                                                 value: Automobile
                                                 loans.
RC-Q..................  M4.c.(4)..............  Unpaid principal         RCONK209.
                                                 balance of loans
                                                 measured at fair
                                                 value: Other consumer
                                                 loans.
                                                Note: Items M4.c.(1),
                                                 M4.c.(2), M4.c.(3),
                                                 and M4.c.(4) of
                                                 Schedule RC-Q will be
                                                 combined into one data
                                                 item (new item M4.c).

[[Page 51925]]

 
RC-S..................  1.....................  Outstanding principal    RCONB706, RCONB707, RCONB708, RCONB709,
                                                 balance of assets sold   RCONB710.
                                                 and securitized by the
                                                 reporting bank with
                                                 servicing retained or
                                                 with recourse or other
                                                 seller-provided credit
                                                 enhancements (Columns
                                                 B through F).
                                                Note: Item 1, Columns B
                                                 through F, of Schedule
                                                 RC-S will be included
                                                 in item 1, Column G.
RC-S..................  2.a...................  Maximum amount of        RCONB712, RCONB713, RCONB714, RCONB715,
                                                 credit exposure          RCONB716, RCONB717, RCONB718.
                                                 arising from recourse
                                                 or other seller-
                                                 provided credit
                                                 enhancements provided
                                                 to structures reported
                                                 in item 1 in the form
                                                 of: Credit-enhancing
                                                 interest-only strips
                                                 (Columns A through G).
RC-S..................  2.b...................  Maximum amount of        RCONC393, RCONC394, RCONC395, RCONC396,
                                                 credit exposure          RCONC397, RCONC398, RCONC399.
                                                 arising from recourse
                                                 or other seller-
                                                 provided credit
                                                 enhancements provided
                                                 to structures reported
                                                 in item 1 in the form
                                                 of: Subordinated
                                                 securities and other
                                                 residual interests
                                                 (Columns A through G).
RC-S..................  2.c...................  Maximum amount of        RCONC400, RCONC401, RCONC402, RCONC403,
                                                 credit exposure          RCONC404, RCONC405, RCONC406.
                                                 arising from recourse
                                                 or other seller-
                                                 provided credit
                                                 enhancements provided
                                                 to structures reported
                                                 in item 1 in the form
                                                 of: Standby letters of
                                                 credit and other
                                                 enhancements (Columns
                                                 A through G).
                                                Note: Items 2.a, 2.b,
                                                 and 2.c, Columns A and
                                                 G, of Schedule RC-S
                                                 will be combined into
                                                 one data item (new
                                                 item 2) for Columns A
                                                 and G.
RC-S..................  3.....................  Reporting bank's unused  RCONB726, RCONB727, RCONB728, RCONB729,
                                                 commitments to provide   RCONB730, RCONB731, RCONB732.
                                                 liquidity to
                                                 structures reported in
                                                 item 1 (Columns A
                                                 through G).
RC-S..................  4.a...................  Past due loan amounts    RCONB734, RCONB735, RCONB736, RCONB737,
                                                 included in item 1: 30-  RCONB738.
                                                 89 days past due
                                                 (Columns B through F).
                                                Note: Item 4.a, Columns
                                                 B through F, of
                                                 Schedule RC-S will be
                                                 included in item 4.a,
                                                 Column G.
RC-S..................  4.b...................  Past due loan amounts    RCONB741, RCONB742, RCONB743, RCONB744,
                                                 included in item 1: 90   RCONB745.
                                                 days or more past due
                                                 (Columns B through F).
                                                Note: Item 4.b, Columns
                                                 B through F, of
                                                 Schedule RC-S will be
                                                 included in item 4.b,
                                                 Column G.
RC-S..................  5.a...................  Charge-offs and          RIADB748, RIADB749, RIADB750, RIADB751,
                                                 recoveries on assets     RIADB752.
                                                 sold and securitized
                                                 with servicing
                                                 retained or with
                                                 recourse or other
                                                 seller-provided credit
                                                 enhancements: Charge-
                                                 offs (Columns B
                                                 through F).
                                                Note: Item 5.a, Columns
                                                 B through F, of
                                                 Schedule RC-S will be
                                                 included in item 5.a,
                                                 Column G.
RC-S..................  5.b...................  Charge-offs and          RIADB755, RIADB756, RIADB757, RIADB758,
                                                 recoveries on assets     RIADB759.
                                                 sold and securitized
                                                 with servicing
                                                 retained or with
                                                 recourse or other
                                                 seller-provided credit
                                                 enhancements:
                                                 Recoveries (Columns B
                                                 through F).
                                                Note: Item 5.b, Columns
                                                 B through F, of
                                                 Schedule RC-S will be
                                                 included in item 5.b,
                                                 Column G.
RC-S..................  6.a...................  Amount of ownership (or  RCONB761, RCONB762, RCONB763.
                                                 seller's) interests
                                                 carried as: Securities
                                                 (Columns B, C, and F).
RC-S..................  6.b...................  Amount of ownership (or  RCONB500, RCONB501, RCONB502.
                                                 seller's) interests
                                                 carried as: Loans
                                                 (Columns B, C, and F).
                                                Note: Items 6.a and
                                                 6.b, Columns B, C, and
                                                 F, of Schedule RC-S
                                                 will be combined into
                                                 one data item (new
                                                 item 6) for Column G.
RC-S..................  7.a...................  Past due loan amounts    RCONB764, RCONB765, RCONB766.
                                                 included in interests
                                                 reported in item 6.a:
                                                 30-89 days past due
                                                 (Columns B, C, and F).
RC-S..................  7.b...................  Past due loan amounts    RCONB767, RCONB768, RCONB769.
                                                 included in interests
                                                 reported in item 6.a:
                                                 90 days or more past
                                                 due (Columns B, C, and
                                                 F).
RC-S..................  8.a...................  Charge-offs and          RIADB770, RIADB771, RIADB772.
                                                 recoveries on loan
                                                 amounts included in
                                                 interests reported in
                                                 item 6.a: 30-89 days
                                                 past due (Columns B,
                                                 C, and F).
RC-S..................  8.b...................  Charge-offs and          RIADB773, RIADB774, RIADB775.
                                                 recoveries on loan
                                                 amounts included in
                                                 interests reported in
                                                 item 6.a: 90 days or
                                                 more past due (Columns
                                                 B, C, and F).
RC-S..................  9.....................  Maximum amount of        RCONB777, RCONB778, RCONB779, RCONB780,
                                                 credit exposure          RCONB781.
                                                 arising from credit
                                                 enhancements provided
                                                 by the reporting bank
                                                 to other institutions'
                                                 securitization
                                                 structures in the form
                                                 of standby letters of
                                                 credit, purchased
                                                 subordinated
                                                 securities, and other
                                                 enhancements (Columns
                                                 B through F).
                                                Note: Item 9, Columns B
                                                 through F, of Schedule
                                                 RC-S will be included
                                                 in item 9, Column G.
RC-S..................  10....................  Reporting bank's unused  RCONB784, RCONB785, RCONB786, RCONB787,
                                                 commitments to provide   RCONB788.
                                                 liquidity to other
                                                 institutions'
                                                 securitization
                                                 structures (Columns B
                                                 through F).
                                                Note: Item 10, Columns
                                                 B through F, of
                                                 Schedule RC-S will be
                                                 included in item 10,
                                                 Column G.
RC-S..................  11....................  Assets sold with         RCONB791, RCONB792, RCONB793, RCONB794,
                                                 recourse or other        RCONB795.
                                                 seller-provided credit
                                                 enhancements and not
                                                 securitized by the
                                                 reporting bank
                                                 (Columns B through F).
                                                Note: Item 11, Columns
                                                 B through F, of
                                                 Schedule RC-S will be
                                                 included in item 11,
                                                 Column G.

[[Page 51926]]

 
RC-S..................  12....................  Maximum amount of        RCONB798, RCONB799, RCONB800, RCONB801,
                                                 credit exposure          RCONB802.
                                                 arising from recourse
                                                 or other seller-
                                                 provided credit
                                                 enhancements provided
                                                 to assets reported in
                                                 item 11 (Columns B
                                                 through F).
                                                Note: Item 12, Columns
                                                 B through F, of
                                                 Schedule RC-S will be
                                                 included in item 12,
                                                 Column G.
RC-S..................  M1.a..................  Small business           RCONA249.
                                                 obligations
                                                 transferred with
                                                 recourse under Section
                                                 208 of the Riegle
                                                 Community Development
                                                 and Regulatory
                                                 Improvement Act of
                                                 1994: Outstanding
                                                 principal balance.
                                                Note: Item M.l.a of
                                                 Schedule RC-S will be
                                                 included in item 1 or
                                                 item 11, Column G, as
                                                 appropriate.
RC-S..................  M1.b..................  Small business           RCONA250.
                                                 obligations
                                                 transferred with
                                                 recourse under Section
                                                 208 of the Riegle
                                                 Community Development
                                                 and Regulatory
                                                 Improvement Act of
                                                 1994: Amount of
                                                 retained recourse on
                                                 these obligations as
                                                 of the report date.
                                                Note: Item M.1.b of
                                                 Schedule RC-S will be
                                                 included in item 2 or
                                                 12, Column G, as
                                                 appropriate.
RC-V..................  All data items          ABCP Conduits (Column    RCONJ982, RCONJ985, RCONJ988, RCONJ991
                         reported for ``ABCP     B).                      RCONJ994, RCONJ997, RCONK001,
                         Conduits'' (Column B).                           RCONK004, RCONK007, RCONK010,
                                                                          RCONK013, RCONK016, RCONK019, RCONK022
                                                                          RCONK025, RCONK028, RCONK031,
                                                                          RCONK034.
                                                Note: Data items
                                                 currently reported for
                                                 ``ABCP Conduits''
                                                 (Column B) will be
                                                 included in the
                                                 ``Other VIEs'' column
                                                 (Column C, to be
                                                 relabeled as Column B)
                                                 of Schedule RC-V by
                                                 line item, as
                                                 reflected below.
RC-V..................  1.b...................  Assets of consolidated   RCONJ984, RCONJ986.
                                                 variable interest
                                                 entities (VIEs) that
                                                 can be used only to
                                                 settle obligations of
                                                 the consolidated VIEs:
                                                 Held-to-maturity
                                                 securities (Columns A
                                                 and C).
RC-V..................  1.c...................  Assets of consolidated   RCONJ987, RCONJ989.
                                                 variable interest
                                                 entities (VIEs) that
                                                 can be used only to
                                                 settle obligations of
                                                 the consolidated VIEs:
                                                 Available-for-sale
                                                 securities (Columns A
                                                 and C).
                                                Note: Items 1.b and
                                                 1.c, Columns A and C,
                                                 of Schedule RC-V will
                                                 be combined into one
                                                 data item (new item
                                                 1.b) for Columns A and
                                                 C (the latter to be
                                                 relabeled as Column B).
RC-V..................  1.d...................  Assets of consolidated   RCONJ990, RCONJ992.
                                                 variable interest
                                                 entities (VIEs) that
                                                 can be used only to
                                                 settle obligations of
                                                 the consolidated VIEs:
                                                 Securities purchased
                                                 under agreements to
                                                 resell (Columns A and
                                                 C).
                                                Note: Item 1.d, Columns
                                                 A and C, of Schedule
                                                 RC-V will be included
                                                 in item 1.k, Other
                                                 assets (renumbered as
                                                 item 1.e), for Columns
                                                 A and C (the latter to
                                                 be relabeled as Column
                                                 B).
RC-V..................  1.e...................  Assets of consolidated   RCONJ993, RCONJ995.
                                                 variable interest
                                                 entities (VIEs) that
                                                 can be used only to
                                                 settle obligations of
                                                 the consolidated VIEs:
                                                 Loans and leases held
                                                 for sale (Column A and
                                                 C).
RC-V..................  1.f...................  Assets of consolidated   RCONJ996, RCONJ998.
                                                 variable interest
                                                 entities (VIEs) that
                                                 can be used only to
                                                 settle obligations of
                                                 the consolidated VIEs:
                                                 Loans and leases held
                                                 for investment (Column
                                                 A and C).
RC-V..................  1.g...................  Assets of consolidated   RCONJ999, RCONK002.
                                                 variable interest
                                                 entities (VIEs) that
                                                 can be used only to
                                                 settle obligations of
                                                 the consolidated VIEs:
                                                 Less: Allowance for
                                                 loan and lease losses
                                                 (Columns A and C).
                                                Note: Items 1.e, 1.f,
                                                 and 1.g, Columns A and
                                                 C, of Schedule RC-V
                                                 will be combined into
                                                 one data item (new
                                                 item 1.c) for Columns
                                                 A and C (the latter to
                                                 be relabeled as Column
                                                 B).
RC-V..................  1.h...................  Assets of consolidated   RCONK003, RCONK005.
                                                 variable interest
                                                 entities (VIEs) that
                                                 can be used only to
                                                 settle obligations of
                                                 the consolidated VIEs:
                                                 Trading assets (other
                                                 than derivatives)
                                                 (Columns A and C).
                                                Note: Item 1.h, Columns
                                                 A and C, of Schedule
                                                 RC-V will be included
                                                 in item 1.k, Other
                                                 assets (renumbered as
                                                 item 1.e), for Columns
                                                 A and C (the latter to
                                                 be relabeled as Column
                                                 B).
RC-V..................  1.i...................  Assets of consolidated   RCONK006, RCONK008.
                                                 variable interest
                                                 entities (VIEs) that
                                                 can be used only to
                                                 settle obligations of
                                                 the consolidated VIEs:
                                                 Derivative trading
                                                 assets (Columns A and
                                                 C).
                                                Note: Item 1.i, Columns
                                                 A and C, of Schedule
                                                 RC-V will be included
                                                 in item 1.k, Other
                                                 assets (renumbered as
                                                 item 1.e), for Columns
                                                 A and C (the latter to
                                                 be relabeled as Column
                                                 B).
RC-V..................  2.a...................  Liabilities of           RCONK015, RCONK017.
                                                 consolidated VIEs for
                                                 which creditors do not
                                                 have recourse to the
                                                 general credit of the
                                                 reporting bank:
                                                 Securities sold under
                                                 agreements to
                                                 repurchase (Columns A
                                                 and C).
                                                Note: Item 2.a, Columns
                                                 A and C, of Schedule
                                                 RC-V will be included
                                                 in item 2.e, Other
                                                 liabilities
                                                 (renumbered as item
                                                 2.b), for Columns A
                                                 and C (the latter to
                                                 be relabeled as Column
                                                 B).

[[Page 51927]]

 
RC-V..................  2.b...................  Liabilities of           RCONK018, RCONK020.
                                                 consolidated VIEs for
                                                 which creditors do not
                                                 have recourse to the
                                                 general credit of the
                                                 reporting bank:
                                                 Derivative trading
                                                 liabilities (Columns A
                                                 and C).
                                                Note: Item 2.b, Columns
                                                 A and C, of Schedule
                                                 RC-V will be included
                                                 in item 2.e, Other
                                                 liabilities
                                                 (renumbered as item
                                                 2.b), for Columns A
                                                 and C (the latter to
                                                 be relabeled as Column
                                                 B).
RC-V..................  2.c...................  Liabilities of           RCONK021, RCONK023.
                                                 consolidated VIEs for
                                                 which creditors do not
                                                 have recourse to the
                                                 general credit of the
                                                 reporting bank:
                                                 Commercial paper
                                                 (Columns A and C).
                                                Note: Item 2.c, Columns
                                                 A and C, of Schedule
                                                 RC-V will be included
                                                 in item 2.d, Other
                                                 borrowed money
                                                 (renumbered as item
                                                 2.a), for Columns A
                                                 and C (the latter to
                                                 be relabeled as Column
                                                 B).
----------------------------------------------------------------------------------------------------------------

Other Impacts to Data Items

----------------------------------------------------------------------------------------------------------------
       Schedule                  Item                  Item name                         MDRM No.
----------------------------------------------------------------------------------------------------------------
RC-A..................  2 (New)...............  Balances due from        RCON0082.
                                                 depository
                                                 institutions in the
                                                 U.S.
                                                Note: Items 2.a. and
                                                 2.b of Schedule RC-A
                                                 will be combined into
                                                 this data item.
RC-A..................  3 (New)...............  Balances due from banks  RCON0070.
                                                 in foreign countries
                                                 and foreign central
                                                 banks.
                                                Note: Items 3.a. and
                                                 3.b of Schedule RC-A
                                                 will be combined into
                                                 this data item.
RC-F..................  3 (New)...............  Interest-only strips     To be determined (TBD).
                                                 receivable (not in the
                                                 form of a security).
                                                Note: Items 3.a and 3.b
                                                 of Schedule RC-F will
                                                 be combined into this
                                                 data item.
RC-P..................  1 (New)...............  Retail originations      TBD.
                                                 during the quarter of
                                                 1-4 family residential
                                                 mortgage loans for
                                                 sale.
                                                Note: Items 1.a, 1.b,
                                                 and 1.c.(1) of
                                                 Schedule RC[dash]P
                                                 will be combined into
                                                 this data item.
RC-P..................  2 (New)...............  Wholesale originations   TBD.
                                                 and purchases during
                                                 the quarter of 1-4
                                                 family residential
                                                 mortgage loans for
                                                 sale.
                                                Note: Items 2.a, 2.b,
                                                 and 2.c.(1) of
                                                 Schedule RC[dash]P
                                                 will be combined into
                                                 this data item.
RC-P..................  3 (New)...............  1-4 family residential   TBD.
                                                 mortgage loans sold
                                                 during the quarter.
                                                Note: Items 3.a, 3.b,
                                                 and 3.c.(1) of
                                                 Schedule RC[dash]P
                                                 will be combined into
                                                 this data item.
RC-P..................  4 (New)...............  1-4 family residential   TBD.
                                                 mortgage loans held
                                                 for sale or trading at
                                                 quarter-end.
                                                Note: Items 4.a, 4.b,
                                                 and 4.c.(1) of
                                                 Schedule RC[dash]P
                                                 will be combined into
                                                 this data item.
RC-P..................  5 (New)...............  Noninterest income for   TBD.
                                                 the quarter from the
                                                 sale, securitization,
                                                 and servicing of 1-4
                                                 family residential
                                                 mortgage loans.
                                                Note: Items 5.a and 5.b
                                                 of Schedule RC-P will
                                                 be combined into this
                                                 data item.
RC-P..................  6 (New)...............  Repurchases and          TBD.
                                                 indemnifications of 1-
                                                 4 family residential
                                                 mortgage loans during
                                                 the quarter.
                                                Note: Items 6.a, 6.b,
                                                 and 6.c.(1) of
                                                 Schedule RC[dash]P
                                                 will be combined into
                                                 this data item.
RC-Q..................  M3.a.(1) (New)........  Loans measured at fair   TBD.
                                                 value: Secured by 1-4
                                                 family residential
                                                 properties.
                                                Note: Items
                                                 M3.a.(3)(a),
                                                 M3.a.(3)(b)(1), and
                                                 M3.a.(3)(b)(1) of
                                                 Schedule RC-Q will be
                                                 combined into this
                                                 data item.
RC-Q..................  M3.a.(2) (New)........  Loans measured at fair   TBD.
                                                 value: All other loans
                                                 secured by real estate.
                                                Note: Items M3.a.(1),
                                                 M3.a.(2), M3.a.(4),
                                                 and M3.a.(5) of
                                                 Schedule RC-Q will be
                                                 combined into this
                                                 data item.
RC-Q..................  M3.c (New)............  Loans measured at fair   TBD.
                                                 value: Loans to
                                                 individuals for
                                                 household, family, and
                                                 other personal
                                                 expenditures.
                                                Note: Items M3.c.(1),
                                                 M3.c.(2), M3.c.(3),
                                                 and M3.c.(4) of
                                                 Schedule RC-Q will be
                                                 combined into this
                                                 data item.
RC-Q..................  M4.a.(1) (New)........  Unpaid principal         TBD.
                                                 balance of loans
                                                 measured at fair
                                                 value: Secured by 1-4
                                                 family residential
                                                 properties.
                                                Note: Items
                                                 M4.a.(3)(a),
                                                 M4.a.(3)(b)(1), and
                                                 M4.a.(3)(b)(2) of
                                                 Schedule RC-Q will be
                                                 combined into this
                                                 data item.
RC-Q..................  M4.a.(2) (New)........  Unpaid principal         TBD.
                                                 balance of loans
                                                 measured at fair
                                                 value: All other loans
                                                 secured by real estate.
                                                Note: Items M4.a.(1),
                                                 M4.a.(2), M4.a.(4),
                                                 and M4.a.(5) of
                                                 Schedule RC-Q will be
                                                 combined into this
                                                 data item.
RC-Q..................  M4.c (New)............  Unpaid principal         TBD.
                                                 balance of loans
                                                 measured at fair
                                                 value: Loans to
                                                 individuals for
                                                 household, family, and
                                                 other personal
                                                 expenditures.
                                                Note: Items M4.c.(1),
                                                 M4.c.(2), M4.c.(3),
                                                 and M4.c.(4) of
                                                 Schedule RC-Q will be
                                                 combined into this
                                                 data item.

[[Page 51928]]

 
RC-S..................  2 (New)...............  Maximum amount of        TBD (2 MDRM numbers).
                                                 credit exposure
                                                 arising from recourse
                                                 or other seller-
                                                 provided credit
                                                 enhancements provided
                                                 to structures reported
                                                 in item 1 (Columns A
                                                 and G).
                                                Note: Items 2.a, 2.b,
                                                 and 2.c, Columns A and
                                                 G, of Schedule RC-S
                                                 will be combined into
                                                 this data item.
RC-S..................  6 (New)...............  Total amount of          TBD (3 MDRM Numbers).
                                                 ownership (or
                                                 seller's) interest
                                                 carried as securities
                                                 or loans (Columns B,
                                                 C, and F).
                                                Note: Items 6.a and
                                                 6.b, Columns B, C, and
                                                 F, of Schedule RC-S
                                                 will be combined into
                                                 this data item for
                                                 Column G.
RC-V..................  1.b (New).............  Assets of consolidated   TBD (2 MDRM Numbers).
                                                 variable interest
                                                 entities (VIEs) that
                                                 can be used only to
                                                 settle obligations of
                                                 the consolidated VIEs:
                                                 Securities (Columns A
                                                 and C).
                                                Note: Items 1.b and
                                                 1.c, Columns A and C,
                                                 of Schedule RC-V
                                                 removed above will be
                                                 combined into this
                                                 data item for Columns
                                                 A and C (the latter to
                                                 be relabeled as Column
                                                 B).
RC-V..................  1.c (New).............  Assets of consolidated   TBD (2 MDRM Numbers).
                                                 variable interest
                                                 entities (VIEs) that
                                                 can be used only to
                                                 settle obligations of
                                                 the consolidated VIEs:
                                                 Loans and leases held
                                                 for investment, net of
                                                 allowance, and held
                                                 for sale (Columns A
                                                 and C).
                                                Note: Items 1.e, 1.f,
                                                 and 1.g, Columns A and
                                                 C, of Schedule RC-V
                                                 removed above will be
                                                 combined into this
                                                 data item for Columns
                                                 A and C (the latter to
                                                 be relabeled as Column
                                                 B).
RC-V..................  5 (New)...............  Total assets of asset-   TBD.
                                                 backed commercial
                                                 paper (ABCP) conduit
                                                 VIEs.
RC-V..................  6 (New)...............  Total liabilities of     TBD.
                                                 ABCP conduit VIEs.
----------------------------------------------------------------------------------------------------------------

Data Items With a New or Increased Reporting Threshold

    Schedule RC-P is to be completed by institutions where any of 
the following residential mortgage banking activities exceeds $10 
million for two consecutive quarters:
     1-4 family residential mortgage loan originations and 
purchases for resale from all sources during a calendar quarter; or
     1-4 family residential mortgage loan sales during a 
calendar quarter; or
     1-4 family residential mortgage loans held for sale or 
trading at calendar quarter-end.
    Schedule RC-Q is to be completed by banks that: (1) Have elected 
to report financial instruments or servicing assets and liabilities 
at fair value under a fair value option with changes in fair value 
recognized in earnings, or (2) are required to complete Schedule RC-
D, Trading Assets and Liabilities.
    Schedule RC-T: Increase the threshold for the exemption from 
reporting Schedule RC-T, data items 14 through 26, from institutions 
with fiduciary assets of $100 million or less to institutions with 
fiduciary assets of $250 million or less (that do not meet the 
fiduciary income test for quarterly reporting).

----------------------------------------------------------------------------------------------------------------
       Schedule                  Item                  Item name                         MDRM No.
----------------------------------------------------------------------------------------------------------------
RC-T..................  14....................  Income from personal     RIADB904.
                                                 trust and agency
                                                 accounts.
RC-T..................  15.a..................  Income from employee     RIADB905.
                                                 benefit and retirement-
                                                 related trust and
                                                 agency accounts:
                                                 Employee benefit--
                                                 defined contribution.
RC-T..................  15.b..................  Income from employee     RIADB906.
                                                 benefit and retirement-
                                                 related trust and
                                                 agency accounts:
                                                 Employee benefit--
                                                 defined benefit.
RC-T..................  15.c..................  Income from employee     RIADB907.
                                                 benefit and retirement-
                                                 related trust and
                                                 agency accounts: Other
                                                 employee benefit and
                                                 retirement-related
                                                 accounts.
RC-T..................  16....................  Income from corporate    RIADA479.
                                                 trust and agency
                                                 accounts.
RC-T..................  17....................  Income from investment   RIADJ315.
                                                 management and
                                                 investment advisory
                                                 agency accounts.
RC-T..................  18....................  Income from foundation   RIADJ316.
                                                 and endowment trust
                                                 and agency accounts.
RC-T..................  19....................  Income from other        RIADA480.
                                                 fiduciary accounts.
RC-T..................  20....................  Income from custody and  RIADB909.
                                                 safekeeping accounts.
RC-T..................  21....................  Other fiduciary and      RIADB910.
                                                 related services
                                                 income.
RC-T..................  22....................  Total gross fiduciary    RIAD4070.
                                                 and related services
                                                 income.
RC-T..................  23....................  Less: Expenses.........  RIADC058.
RC-T..................  24....................  Less: Net losses from    RIADA488.
                                                 fiduciary and related
                                                 services.
RC-T..................  25....................  Plus: Intracompany       RIADB911.
                                                 income credits for
                                                 fiduciary and related
                                                 services.
RC-T..................  26....................  Net fiduciary and        RIADA491.
                                                 related services
                                                 income.
----------------------------------------------------------------------------------------------------------------

    To be completed by banks with collective investment funds and 
common trust funds with a total market value of $1 billion or more 
as of the preceding December 31.

----------------------------------------------------------------------------------------------------------------
       Schedule                  Item                  Item name                         MDRM No.
----------------------------------------------------------------------------------------------------------------
RC-T..................  M3.a..................  Collective investment    RCONB931, RCONB932.
                                                 funds and common trust
                                                 funds: Domestic equity
                                                 (Columns A and B).
RC-T..................  M3.b..................  Collective investment    RCONB933, RCONB934.
                                                 funds and common trust
                                                 funds: International/
                                                 Global equity (Columns
                                                 A and B).
RC-T..................  M3.c..................  Collective investment    RCONB935, RCONB936.
                                                 funds and common trust
                                                 funds: Stock/Bond
                                                 blend (Columns A and
                                                 B).
RC-T..................  M3.d..................  Collective investment    RCONB937, RCONB938.
                                                 funds and common trust
                                                 funds: Taxable bond
                                                 (Columns A and B).

[[Page 51929]]

 
RC-T..................  M3.e..................  Collective investment    RCONB939, RCONB940.
                                                 funds and common trust
                                                 funds: Municipal bond
                                                 (Columns A and B).
RC-T..................  M3.f..................  Collective investment    RCONB941, RCONB942.
                                                 funds and common trust
                                                 funds: Short-term
                                                 investments/Money
                                                 market (Columns A and
                                                 B).
RC-T..................  M3.g..................  Collective investment    RCONB943, RCONB944.
                                                 funds and common trust
                                                 funds: Specialty/Other
                                                 (Columns A and B).
----------------------------------------------------------------------------------------------------------------

    To be completed by banks with $10 billion or more in total 
assets.

----------------------------------------------------------------------------------------------------------------
       Schedule                  Item                  Item name                         MDRM No.
----------------------------------------------------------------------------------------------------------------
RC-S..................  6 (New)...............  Total amount of          TBD.
                                                 ownership (or
                                                 seller's) interest
                                                 carried as securities
                                                 or loans (Column G).
RC-S..................  10....................  Reporting bank's unused  RCONB783, RCONB789.
                                                 commitments to provide
                                                 liquidity to other
                                                 institutions'
                                                 securitization
                                                 structures (Columns A
                                                 and G).
RC-S..................  M3.a.(1)..............  Asset-backed commercial  RCONB806.
                                                 paper conduits:
                                                 Maximum amount of
                                                 credit exposure
                                                 arising from credit
                                                 enhancements provided
                                                 to conduit structures
                                                 in the form of standby
                                                 letters of credit,
                                                 subordinated
                                                 securities, and other
                                                 enhancements: Conduits
                                                 sponsored by the bank,
                                                 a bank affiliate, or
                                                 the bank's holding
                                                 company.
RC-S..................  M3.a.(2)..............  Asset-backed commercial  RCONB807.
                                                 paper conduits:
                                                 Maximum amount of
                                                 credit exposure
                                                 arising from credit
                                                 enhancements provided
                                                 to conduit structures
                                                 in the form of standby
                                                 letters of credit,
                                                 subordinated
                                                 securities, and other
                                                 enhancements: Conduits
                                                 sponsored by other
                                                 unrelated institutions.
RC-S..................  M3.b.(1)..............  Asset-backed commercial  RCONB808.
                                                 paper conduits: Unused
                                                 commitments to provide
                                                 liquidity to conduit
                                                 structures: Conduits
                                                 sponsored by the bank,
                                                 a bank affiliate, or
                                                 the bank's holding
                                                 company.
RC-S..................  M3.b.(2)..............  Asset-backed commercial  RCONB809.
                                                 paper conduits: Unused
                                                 commitments to provide
                                                 liquidity to conduit
                                                 structures: Conduits
                                                 sponsored by other
                                                 unrelated institutions.
RC-S..................  M4....................  Outstanding credit card  RCONC407.
                                                 fees and finance
                                                 charges included in
                                                 Schedule RC-S, item 1,
                                                 column C.
                                                Note: With the
                                                 combining of Columns B
                                                 through F of item 1 of
                                                 Schedule RC-S into
                                                 item 1, Column G, of
                                                 Schedule RC-S, the
                                                 reference to column C
                                                 in the caption for M4
                                                 will be changed to
                                                 column G.
----------------------------------------------------------------------------------------------------------------

Appendix D

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

Data Items Removed, Other Impacts to Data Items, or New or Increased 
Reporting Threshold

Data Items Removed

----------------------------------------------------------------------------------------------------------------
       Schedule                  Item                  Item name                         MDRM No.
----------------------------------------------------------------------------------------------------------------
RC-A..................  2.a...................  Balances due from U.S.   RCFD0083.
                                                 branches and agencies
                                                 of foreign banks
                                                 (Column A).
RC-A..................  2.b...................  Balances due from other  RCFD0085.
                                                 commercial banks in
                                                 the U.S. and other
                                                 depository
                                                 institutions in the
                                                 U.S. (Column A).
                                                Note: Items 2.a and 2.b
                                                 (Column A), of
                                                 Schedule RC-A will be
                                                 combined into one data
                                                 item (new item 2).
RC-A..................  3.a...................  Balances due from        RCFD0073.
                                                 foreign branches of
                                                 other U.S. banks
                                                 (Column A).
RC-A..................  3.b...................  Balances due from other  RCFD0074.
                                                 banks in foreign
                                                 countries and foreign
                                                 central banks (Column
                                                 A).
                                                Note: Items 3.a and 3.b
                                                 (Column A), of
                                                 Schedule RC-A will be
                                                 combined into one data
                                                 item (new item 3).
RC-F..................  3.a...................  Interest-only strips     RCFDA519.
                                                 receivable (not in the
                                                 form of a security) on
                                                 mortgage loans.
RC-F..................  3.b...................  Interest-only strips     RCFDA520.
                                                 receivable (not in the
                                                 form of a security) on
                                                 other financial assets.
                                                Note: Items 3.a and 3.b
                                                 of Schedule RC-F will
                                                 be combined into one
                                                 data item (new item 3).
RC-F..................  6.d...................  Retained interests in    RCFDC436.
                                                 accrued interest
                                                 receivable related to
                                                 securitized credit
                                                 cards.

[[Page 51930]]

 
RC-N..................  M5.b.(1)..............  Loans measured at fair   RCFDF664, RCFDF665, RCFDF666.
                                                 value: Fair value
                                                 (Columns A through C).
RC-N..................  M5.b.(2)..............  Loans measured at fair   RCFDF667, RCFDF668, RCFDF669.
                                                 value: Unpaid
                                                 principal balance
                                                 (Columns A through C).
RC-P..................  1.a...................  Retail originations      RCONF066.
                                                 during the quarter of
                                                 1-4 family residential
                                                 mortgage loans for
                                                 sale: Closed-end first
                                                 liens.
RC-P..................  1.b...................  Retail originations      RCONF067.
                                                 during the quarter of
                                                 1-4 family residential
                                                 mortgage loans for
                                                 sale: Closed-end
                                                 junior liens.
RC-P..................  1.c.(1)...............  Retail originations      RCONF670.
                                                 during the quarter of
                                                 1-4 family residential
                                                 mortgage loans for
                                                 sale: Open-end loans
                                                 extended under lines
                                                 of credit: Total
                                                 commitment under the
                                                 lines of credit.
                                                Note: Items 1.a, 1.b,
                                                 and 1.c.(1) of
                                                 Schedule RC-P will be
                                                 combined into one data
                                                 item (new item 1).
RC-P..................  1.c.(2)...............  Retail originations      RCONF671.
                                                 during the quarter of
                                                 1-4 family residential
                                                 mortgage loans for
                                                 sale: Open-end loans
                                                 extended under lines
                                                 of credit: Principal
                                                 amount funded under
                                                 the lines of credit.
RC-P..................  2.a...................  Wholesale originations   RCONF068.
                                                 and purchases during
                                                 the quarter of 1-4
                                                 family residential
                                                 mortgage loans for
                                                 sale: Closed-end first
                                                 liens.
RC-P..................  2.b...................  Wholesale originations   RCONF069.
                                                 and purchases during
                                                 the quarter of 1-4
                                                 family residential
                                                 mortgage loans for
                                                 sale: Closed-end
                                                 junior liens.
RC-P..................  2.c.(1)...............  Wholesale originations   RCONF672.
                                                 and purchases during
                                                 the quarter of 1-4
                                                 family residential
                                                 mortgage loans for
                                                 sale: Open-end loans
                                                 extended under lines
                                                 of credit: Total
                                                 commitment under the
                                                 lines of credit.
                                                Note: Items 2.a, 2.b,
                                                 and 2.c.(1) of
                                                 Schedule RC-P will be
                                                 combined into one data
                                                 item (new item 2).
RC-P..................  2.c.(2)...............  Wholesale originations   RCONF673.
                                                 and purchases during
                                                 the quarter of 1-4
                                                 family residential
                                                 mortgage loans for
                                                 sale: Open-end loans
                                                 extended under lines
                                                 of credit: Principal
                                                 amount funded under
                                                 the lines of credit.
RC-P..................  3.a...................  1-4 family residential   RCONF070.
                                                 mortgage loans sold
                                                 during the quarter:
                                                 Closed-end first liens.
RC-P..................  3.b...................  1-4 family residential   RCONF071.
                                                 mortgage loans sold
                                                 during the quarter:
                                                 Closed-end junior
                                                 liens.
RC-P..................  3.c.(1)...............  1-4 family residential   RCONF674.
                                                 mortgage loans sold
                                                 during the quarter:
                                                 Total commitment under
                                                 the lines of credit.
                                                Note: Items 3.a, 3.b,
                                                 and 3.c.(1) of
                                                 Schedule RC-P will be
                                                 combined into one data
                                                 item (new item 3).
RC-P..................  3.c.(2)...............  1-4 family residential   RCONF675.
                                                 mortgage loans sold
                                                 during the quarter:
                                                 Principal amount
                                                 funded under the lines
                                                 of credit.
RC-P..................  4.a...................  1-4 family residential   RCONF072.
                                                 mortgage loans held
                                                 for sale or trading at
                                                 quarter-end: Closed-
                                                 end first liens.
RC-P..................  4.b...................  1-4 family residential   RCONF073.
                                                 mortgage loans held
                                                 for sale or trading at
                                                 quarter-end: Closed-
                                                 end junior liens.
RC-P..................  4.c.(1)...............  1-4 family residential   RCONF676.
                                                 mortgage loans held
                                                 for sale or trading at
                                                 quarter-end: Total
                                                 commitment under the
                                                 lines of credit.
                                                Note: Items 4.a, 4.b,
                                                 and 4.c.(1) of
                                                 Schedule RC-P will be
                                                 combined into one data
                                                 item (new item 4).
RC-P..................  4.c.(2)...............  1-4 family residential   RCONF677.
                                                 mortgage loans held
                                                 for sale or trading at
                                                 quarter-end: Principal
                                                 amount funded under
                                                 the lines of credit.
RC-P..................  5.a...................  Noninterest income for   RIADF184.
                                                 the quarter from the
                                                 sale, securitization,
                                                 and servicing of 1-4
                                                 family residential
                                                 mortgage loans: Closed-
                                                 end 1-4 family
                                                 residential mortgage
                                                 loans.
RC-P..................  5.b...................  Noninterest income for   RIADF560.
                                                 the quarter from the
                                                 sale, securitization,
                                                 and servicing of 1-4
                                                 family residential
                                                 mortgage loans: Open-
                                                 end 1-4 family
                                                 residential mortgage
                                                 loans extended under
                                                 lines of credit.
                                                Note: Items 5.a and 5.b
                                                 of Schedule RC-P will
                                                 be combined into one
                                                 data item (new item 5).
RC-P..................  6.a...................  Repurchases and          RCONF678.
                                                 indemnifications of 1-
                                                 4 family residential
                                                 mortgage loans during
                                                 the quarter: Closed-
                                                 end first liens.
RC-P..................  6.b...................  Repurchases and          RCONF679.
                                                 indemnifications of 1-
                                                 4 family residential
                                                 mortgage loans during
                                                 the quarter: Closed-
                                                 end junior liens.
RC-P..................  6.c.(1)...............  Repurchases and          RCONF680.
                                                 indemnifications of 1-
                                                 4 family residential
                                                 mortgage loans during
                                                 the quarter: Total
                                                 commitment under the
                                                 lines of credit.
                                                Note: Items 6.a, 6.b,
                                                 and 6.c.(1) of
                                                 Schedule RC-P will be
                                                 combined into one data
                                                 item (new item 6).
RC-P..................  6.c.(2)...............  Repurchases and          RCONF681.
                                                 indemnifications of 1-
                                                 4 family residential
                                                 mortgage loans during
                                                 the quarter: Principal
                                                 amount funded under
                                                 the lines of credit.
RC-Q..................  M3.a..................  Loans measured at fair   RCFDF608.
                                                 value: Loans secured
                                                 by real estate (Column
                                                 A).
RC-Q..................  M3.a.(1)..............  Loans measured at fair   RCONF578.
                                                 value: Construction,
                                                 land development, and
                                                 other land loans
                                                 (Column B).
RC-Q..................  M3.a.(2)..............  Loans measured at fair   RCONF579.
                                                 value: Secured by
                                                 farmland (Column B).
RC-Q..................  M3.a.(4)..............  Loans measured at fair   RCONF583.
                                                 value: Secured by
                                                 multifamily (5 or
                                                 more) residential
                                                 properties (Column B).
RC-Q..................  M3.a.(5)..............  Loans measured at fair   RCONF584.
                                                 value: Secured by
                                                 nonfarm nonresidential
                                                 properties (Column B).

[[Page 51931]]

 
                                                Note: Items M3.a.(1),
                                                 M3.a.(2), M3.a.(4),
                                                 and M3.a.(5), Column
                                                 B, of Schedule RC-Q
                                                 will be combined into
                                                 one data item for the
                                                 consolidated bank (new
                                                 item M3.a.(2), Column
                                                 A).
RC-Q..................  M3.a.(3)(a)...........  Loans measured at fair   RCONF580.
                                                 value: Revolving, open-
                                                 end loans secured by 1-
                                                 4 family residential
                                                 properties and
                                                 extended under lines
                                                 of credit (Column B).
RC-Q..................  M3.a.(3)(b)(1)........  Loans measured at fair   RCONF581.
                                                 value: Closed-end
                                                 loans secured by 1-4
                                                 family residential
                                                 properties: Secured by
                                                 first liens (Column B).
RC-Q..................  M3.a.(3)(b)(2)........  Loans measured at fair   RCONF582.
                                                 value: Closed-end
                                                 loans secured by 1-4
                                                 family residential
                                                 properties: Secured by
                                                 junior liens (Column
                                                 B).
                                                Note: Items
                                                 M3.a.(3)(a),
                                                 M3.a.(3)(b)(1), and
                                                 M3.a.(3)(b)(2), Column
                                                 B, of Schedule RC-Q
                                                 will be combined into
                                                 one data item for the
                                                 consolidated bank (new
                                                 item M3.a.(1), Column
                                                 A).
RC-Q..................  M3.b..................  Loans measured at fair   RCONF585.
                                                 value: Commercial and
                                                 industrial loans
                                                 (Column B).
RC-Q..................  M3.c.(1)..............  Loans measured at fair   RCFDF586, RCONF586.
                                                 value: Credit cards
                                                 (Columns A and B).
RC-Q..................  M3.c.(2)..............  Loans measured at fair   RCFDF587, RCONF587.
                                                 value: Other revolving
                                                 credit plans (Columns
                                                 A and B).
RC-Q..................  M3.c.(3)..............  Loans measured at fair   RCFDK196, RCONK196.
                                                 value: Automobile
                                                 loans (Columns A and
                                                 B).
RC-Q..................  M3.c.(4)..............  Loans measured at fair   RCFDK208, RCONK208.
                                                 value: Other consumer
                                                 loans (Columns A and
                                                 B).
                                                Note: Items M3.c.(1),
                                                 M3.c.(2), M3.c.(3),
                                                 and M3.c.(4), Column
                                                 A, of Schedule RC-Q
                                                 will be combined into
                                                 one data item for the
                                                 consolidated bank (new
                                                 item M3.c, Column A).
RC-Q..................  M3.d..................  Loans measured at fair   RCONF589.
                                                 value: Other loans
                                                 (Column B).
RC-Q..................  M4.a..................  Unpaid principal         RCFDF609.
                                                 balance of loans
                                                 measured at fair
                                                 value: Loans secured
                                                 by real estate (Column
                                                 A).
RC-Q..................  M4.a.(1)..............  Unpaid principal         RCONF590.
                                                 balance of loans
                                                 measured at fair
                                                 value: Construction,
                                                 land development, and
                                                 other land loans
                                                 (Column B).
RC-Q..................  M4.a.(2)..............  Unpaid principal         RCONF591.
                                                 balance of loans
                                                 measured at fair
                                                 value: Secured by
                                                 farmland (Column B).
RC-Q..................  M4.a.(4)..............  Unpaid principal         RCONF595.
                                                 balance of loans
                                                 measured at fair
                                                 value: Secured by
                                                 multifamily (5 or
                                                 more) residential
                                                 properties (Column B).
RC-Q..................  M4.a.(5)..............  Unpaid principal         RCONF596.
                                                 balance of loans
                                                 measured at fair
                                                 value: Secured by
                                                 nonfarm nonresidential
                                                 properties (Column B).
                                                Note: Items M4.a.(1),
                                                 M4.a.(2), M4.a.(4),
                                                 and M4.a.(5), Column
                                                 B, of Schedule RC-Q
                                                 will be combined into
                                                 one data item for the
                                                 consolidated bank (new
                                                 item M4.a.(2), Column
                                                 A).
RC-Q..................  M4.a.(3)(a)...........  Unpaid principal         RCONF592.
                                                 balance of loans
                                                 measured at fair
                                                 value: Revolving, open-
                                                 end loans secured by 1-
                                                 4 family residential
                                                 properties and
                                                 extended under lines
                                                 of credit (Column B).
RC-Q..................  M4.a.(3)(b)(1)........  Unpaid principal         RCONF593.
                                                 balance of loans
                                                 measured at fair
                                                 value: Closed-end
                                                 loans secured by 1-4
                                                 family residential
                                                 properties: Secured by
                                                 first liens (Column B).
RC-Q..................  M4.a.(3)(b)(2)........  Unpaid principal         RCONF594.
                                                 balance of loans
                                                 measured at fair
                                                 value: Closed-end
                                                 loans secured by 1-4
                                                 family residential
                                                 properties: Secured by
                                                 junior liens (Column
                                                 B).
                                                Note: Items
                                                 M4.a.(3)(a),
                                                 M4.a.(3)(b)(1), and
                                                 M4.a.(3)(b)(2), Column
                                                 B, of Schedule RC-Q
                                                 will be combined into
                                                 one data item for the
                                                 consolidated bank (new
                                                 item M4.a.(1), Column
                                                 A).
RC-Q..................  M4.b..................  Unpaid principal         RCONF597.
                                                 balance of loans
                                                 measured at fair
                                                 value: Commercial and
                                                 industrial loans
                                                 (Column B).
RC-Q..................  M4.c.(1)..............  Unpaid principal         RCFDF598, RCONF598.
                                                 balance of loans
                                                 measured at fair
                                                 value: Credit cards
                                                 (Columns A and B).
RC-Q..................  M4.c.(2)..............  Unpaid principal         RCFDF599, RCONF599.
                                                 balance of loans
                                                 measured at fair
                                                 value: Other revolving
                                                 credit plans (Columns
                                                 A and B).
RC-Q..................  M4.c.(3)..............  Unpaid principal         RCFDK195, RCONK195.
                                                 balance of loans
                                                 measured at fair
                                                 value: Automobile
                                                 loans (Columns A and
                                                 B).
RC-Q..................  M4.c.(4)..............  Unpaid principal         RCFDK209, RCONK209.
                                                 balance of loans
                                                 measured at fair
                                                 value: Other consumer
                                                 loans (Columns A and
                                                 B).
                                                Note: Items M4.c.(1),
                                                 M4.c.(2), M4.c.(3) and
                                                 M4.c.(4), Column A, of
                                                 Schedule RC-Q will be
                                                 combined into one data
                                                 item for the
                                                 consolidated bank (new
                                                 item M4.c, Column A).
RC-Q..................  M4.d..................  Unpaid principal         RCONF601.
                                                 balance of loans
                                                 measured at fair
                                                 value: Other loans
                                                 (Column B).
RC-S..................  2.a...................  Maximum amount of        RCFDB712, RCFDB713, RCFDB714, RCFDB715,
                                                 credit exposure          RCFDB716, RCFDB717, RCFDB718.
                                                 arising from recourse
                                                 or other seller-
                                                 provided credit
                                                 enhancements provided
                                                 to structures reported
                                                 in item 1 in the form
                                                 of: Credit-enhancing
                                                 interest-only strips
                                                 (Columns A through G).
RC-S..................  2.b...................  Maximum amount of        RCFDC393, RCFDC394, RCFDC395, RCFDC396,
                                                 credit exposure          RCFDC397, RCFDC398, RCFDC399.
                                                 arising from recourse
                                                 or other seller-
                                                 provided credit
                                                 enhancements provided
                                                 to structures reported
                                                 in item 1 in the form
                                                 of: Subordinated
                                                 securities and other
                                                 residual interests
                                                 (Columns A through G).
RC-S..................  2.c...................  Maximum amount of        RCFDC400, RCFDC401, RCFDC402, RCFDC403,
                                                 credit exposure          RCFDC404, RCFDC405, RCFDC406.
                                                 arising from recourse
                                                 or other seller-
                                                 provided credit
                                                 enhancements provided
                                                 to structures reported
                                                 in item 1 in the form
                                                 of: Standby letters of
                                                 credit and other
                                                 enhancements (Columns
                                                 A through G).

[[Page 51932]]

 
                                                Note: Items 2.a, 2.b,
                                                 and 2.c, Columns A
                                                 through G, of Schedule
                                                 RC-S will be combined
                                                 into one data item
                                                 (new item 2) for
                                                 Columns A through G.
RC-S..................  6.a...................  Amount of ownership (or  RCFDB761, RCFDB762, RCFDB763.
                                                 seller's) interests
                                                 carried as: Securities
                                                 (Columns B, C and F).
RC-S..................  6.b...................  Amount of ownership (or
                                                 seller's) interests
                                                 carried as: Loans
                                                 (Columns B, C and F).
                                                Note: Items 6.a and      RCFDB500, RCFDB501, RCFDB502.
                                                 6.b, Columns B, C, and
                                                 F, of Schedule RC-S
                                                 will be combined into
                                                 one data item (new
                                                 item 6)..
RC-S..................  7.a...................  Past due loan amounts    RCFDB764, RCFDB765, RCFDB766.
                                                 included in interests
                                                 reported in item 6.a:
                                                 30-89 days past due
                                                 (Columns B, C, and F).
RC-S..................  7.b...................  Past due loan amounts    RCFDB767, RCFDB768, RCFDB769.
                                                 included in interests
                                                 reported in item 6.a:
                                                 90 days or more past
                                                 due (Columns B, C, and
                                                 F).
RC-S..................  8.a...................  Charge-offs and          RIADB770, RIADB771, RIADB772.
                                                 recoveries on loan
                                                 amounts included in
                                                 interests reported in
                                                 item 6.a: 30-89 days
                                                 past due (Columns B,
                                                 C, and F).
RC-S..................  8.b...................  Charge-offs and          RIADB773, RIADB774, RIADB775.
                                                 recoveries on loan
                                                 amounts included in
                                                 interests reported in
                                                 item 6.a: 90 days or
                                                 more past due (Columns
                                                 B, C, and F).
RC-S..................  9.....................  Maximum amount of        RCFDB777, RCFDB778.
                                                 credit exposure
                                                 arising from credit
                                                 enhancements provided
                                                 by the reporting bank
                                                 to other institutions'
                                                 securitization
                                                 structures in the form
                                                 of standby letters of
                                                 credit, purchased
                                                 subordinated
                                                 securities, and other
                                                 enhancements (Columns
                                                 B and C).
                                                Note: Item 9, Columns B
                                                 and C, of Schedule
                                                 RC[dash]S will be
                                                 included in item 9,
                                                 Column G.
RC-S..................  10....................  Reporting bank's unused  RCFDB784, RCFDB785.
                                                 commitments to provide
                                                 liquidity to other
                                                 institutions'
                                                 securitization
                                                 structures (Columns B
                                                 and C).
                                                Note: Item 10, Columns
                                                 B and C, of Schedule
                                                 RC[dash]S will be
                                                 included in item 10,
                                                 Column G.
RC-S..................  11....................  Assets sold with         RCFDB791, RCFDB792, RCFDB793, RCFDB794,
                                                 recourse or other        RCFDB795.
                                                 seller-provided credit
                                                 enhancements and not
                                                 securitized by the
                                                 reporting bank
                                                 (Columns B through F).
                                                Note: Item 11, Columns
                                                 B through F, of
                                                 Schedule RC[dash]S
                                                 will be included in
                                                 item 11, Column G.
RC-S..................  12....................  Maximum amount of        RCFDB798, RCFDB799, RCFDB800, RCFDB801,
                                                 credit exposure          RCFDB802.
                                                 arising from recourse
                                                 or other seller-
                                                 provided credit
                                                 enhancements provided
                                                 to assets reported in
                                                 item 11 (Columns B
                                                 through F).
                                                Note: Item 12, Columns
                                                 B through F, of
                                                 Schedule RC[dash]S
                                                 will be included in
                                                 item 12, Column G.
RC-S..................  M1.a..................  Small business           RCFDA249.
                                                 obligations
                                                 transferred with
                                                 recourse under Section
                                                 208 of the Riegle
                                                 Community Development
                                                 and Regulatory
                                                 Improvement Act of
                                                 1994: Outstanding
                                                 principal balance.
                                                Note: Item M1.a of
                                                 Schedule RC-S will be
                                                 included in item 1 or
                                                 item 11, Column F, as
                                                 appropriate.
RC-S..................  M1.b..................  Small business           RCFDA250.
                                                 obligations
                                                 transferred with
                                                 recourse under Section
                                                 208 of the Riegle
                                                 Community Development
                                                 and Regulatory
                                                 Improvement Act of
                                                 1994: Amount of
                                                 retained recourse on
                                                 these obligations as
                                                 of the report date.
                                                Note: Item M1.b of
                                                 Schedule RC-S will be
                                                 included in item 2 or
                                                 item 12, Column F, as
                                                 appropriate.
RC-V..................  All data items          ABCP Conduits (Column    RCFDJ982, RCFDJ985, RCFDJ988, RCFDJ991
                         reported for ``ABCP     B).                      RCFDJ994, RCFDJ997, RCFDK001,
                         Conduits'' (Column B).                           RCFDK004, RCFDK007, RCFDK010,
                                                                          RCFDK013, RCFDK016, RCFDK019, RCFDK022
                                                                          RCFDK025, RCFDK028 RCFDK031, RCFDK034.
                                                Note: Data items
                                                 currently reported for
                                                 ``ABCP Conduits''
                                                 (Column B) will be
                                                 included in the
                                                 ``Other VIEs'' column
                                                 (Column C, to be
                                                 relabeled as Column B)
                                                 of Schedule RC-V by
                                                 line item, as
                                                 reflected below.
RC-V..................  1.b...................  Assets of consolidated   RCFDJ984, RCFDJ986.
                                                 variable interest
                                                 entities (VIEs) that
                                                 can be used only to
                                                 settle obligations of
                                                 the consolidated VIEs:
                                                 Held-to-maturity
                                                 securities (Columns A
                                                 and C).
RC-V..................  1.c...................  Assets of consolidated   RCFDJ987, RCFDJ989.
                                                 variable interest
                                                 entities (VIEs) that
                                                 can be used only to
                                                 settle obligations of
                                                 the consolidated VIEs:
                                                 Available-for-sale
                                                 securities (Columns A
                                                 and C).
                                                Note: Items 1.b and
                                                 1.c, Columns A and C,
                                                 of Schedule RC-V will
                                                 be combined into one
                                                 data item (new item
                                                 1.b) for Columns A and
                                                 C.
RC-V..................  1.d...................  Assets of consolidated   RCFDJ990, RCFDJ992.
                                                 variable interest
                                                 entities (VIEs) that
                                                 can be used only to
                                                 settle obligations of
                                                 the consolidated VIEs:
                                                 Securities purchased
                                                 under agreements to
                                                 resell (Columns A and
                                                 C).
                                                Note: Item 1.d, Columns
                                                 A and C, of Schedule
                                                 RC-V will be included
                                                 in item 1.k, Other
                                                 assets (renumbered as
                                                 item 1.b), for Columns
                                                 A and C (the latter to
                                                 be relabeled as Column
                                                 B).

[[Page 51933]]

 
RC-V..................  1.e...................  Assets of consolidated   RCFDJ993, RCFDJ995.
                                                 variable interest
                                                 entities (VIEs) that
                                                 can be used only to
                                                 settle obligations of
                                                 the consolidated VIEs:
                                                 Loans and leases held
                                                 for sale (Column A and
                                                 C).
RC-V..................  1.f...................  Assets of consolidated   RCFDJ996, RCFDJ998.
                                                 variable interest
                                                 entities (VIEs) that
                                                 can be used only to
                                                 settle obligations of
                                                 the consolidated VIEs:
                                                 Loans and leases held
                                                 for investment (Column
                                                 A and C).
RC-V..................  1.g...................  Assets of consolidated   RCFDJ999, RCFDK002.
                                                 variable interest
                                                 entities (VIEs) that
                                                 can be used only to
                                                 settle obligations of
                                                 the consolidated VIEs:
                                                 Less: Allowance for
                                                 loan and lease losses
                                                 (Columns A and C).
                                                Note: Items 1.e, 1.f,
                                                 and 1.g, Columns A and
                                                 C, of Schedule RC-V
                                                 will be combined into
                                                 one data item (new
                                                 item 1.c) for Columns
                                                 A and C (the latter to
                                                 be relabeled as Column
                                                 B).
RC-V..................  1.h...................  Assets of consolidated   RCFDK003, RCFDK005.
                                                 variable interest
                                                 entities (VIEs) that
                                                 can be used only to
                                                 settle obligations of
                                                 the consolidated VIEs:
                                                 Trading assets (other
                                                 than derivatives)
                                                 (Columns A and C).
                                                Note: Item 1.h, Columns
                                                 A and C, of Schedule
                                                 RC-V will be included
                                                 in item 1.k
                                                 (renumbered as item
                                                 1.e), Other assets,
                                                 for Columns A and C
                                                 (the latter to be
                                                 relabeled as Column B).
RC-V..................  1.i...................  Assets of consolidated   RCFDK006, RCFDK008.
                                                 variable interest
                                                 entities (VIEs) that
                                                 can be used only to
                                                 settle obligations of
                                                 the consolidated VIEs:
                                                 Derivative trading
                                                 assets (Columns A and
                                                 C).
                                                Note: Item 1.i, Columns
                                                 A and C, of Schedule
                                                 RC-V will be included
                                                 in item 1.k, Other
                                                 assets (renumbered as
                                                 item 1.e), for Columns
                                                 A and C (the latter to
                                                 be relabeled as Column
                                                 B).
RC-V..................  2.a...................  Liabilities of           RCFDK015, RCFDK017.
                                                 consolidated VIEs for
                                                 which creditors do not
                                                 have recourse to the
                                                 general credit of the
                                                 reporting bank:
                                                 Securities sold under
                                                 agreements to
                                                 repurchase (Columns A
                                                 and C).
                                                Note: Item 2.a, Columns
                                                 A and C, of Schedule
                                                 RC-V will be included
                                                 in item 2.e, Other
                                                 liabilities
                                                 (renumbered as item
                                                 2.b), for Columns A
                                                 and C (the latter to
                                                 be relabeled as Column
                                                 B).
RC-V..................  2.b...................  Liabilities of           RCFDK018, RCFDK020.
                                                 consolidated VIEs for
                                                 which creditors do not
                                                 have recourse to the
                                                 general credit of the
                                                 reporting bank:
                                                 Derivative trading
                                                 liabilities (Columns A
                                                 and C).
                                                Note: Item 2.b, Columns
                                                 A and C, of Schedule
                                                 RC-V will be included
                                                 in item 2.e, Other
                                                 liabilities
                                                 (renumbered as item
                                                 2.b), for Columns A
                                                 and C (the latter to
                                                 be relabeled as Column
                                                 B).
RC-V..................  2.c...................  Liabilities of           RCFDK021, RCFDK023.
                                                 consolidated VIEs for
                                                 which creditors do not
                                                 have recourse to the
                                                 general credit of the
                                                 reporting bank:
                                                 Commercial paper
                                                 (Columns A and C).
                                                Note: Item 2.c, Columns
                                                 A and C, of Schedule
                                                 RC-V will be included
                                                 in item 2.d, Other
                                                 borrowed money
                                                 (renumbered as item
                                                 2.a), for Columns A
                                                 and C (the latter to
                                                 be relabeled as Column
                                                 B).
----------------------------------------------------------------------------------------------------------------

Other Impacts to Data Items

----------------------------------------------------------------------------------------------------------------
       Schedule                  Item                  Item name                         MDRM No.
----------------------------------------------------------------------------------------------------------------
RC-A..................  2 (New)...............  Balances due from        RCFD0082.
                                                 depository
                                                 institutions in the
                                                 U.S. (Column A).
                                                Note: Items 2.a. and
                                                 2.b (Column A), of
                                                 Schedule RC-A will be
                                                 combined into this
                                                 data item.
RC-A..................  3 (New)...............  Balances due from banks  RCFD0070.
                                                 in foreign countries
                                                 and foreign central
                                                 banks (Column A).
                                                Note: Items 3.a. and
                                                 3.b (Column A), of
                                                 Schedule RC-A will be
                                                 combined into this
                                                 data item.
RC-F..................  3 (New)...............  Interest-only strips     To be determined (TBD).
                                                 receivable (not in the
                                                 form of a security).
                                                Note: Items 3.a and 3.b
                                                 of Schedule RC-F will
                                                 be combined into this
                                                 data item.
RC-H..................  22 (New)..............  Total amount of fair     TBD.
                                                 value option loans
                                                 held for investment
                                                 and held for sale.
                                                Note: The proposed
                                                 threshold change
                                                 applicable to Schedule
                                                 RC-Q applies to this
                                                 item.
RC-P..................  1 (New)...............  Retail originations      TBD.
                                                 during the quarter of
                                                 1-4 family residential
                                                 mortgage loans for
                                                 sale.
                                                Note: Items 1.a, 1.b,
                                                 and 1.c.(1) of
                                                 Schedule RC-P will be
                                                 combined into this
                                                 data item.
RC-P..................  2 (New)...............  Wholesale originations   TBD.
                                                 and purchases during
                                                 the quarter of 1-4
                                                 family residential
                                                 mortgage loans for
                                                 sale.
                                                Note: Items 2.a, 2.b,
                                                 and 2.c.(1) of
                                                 Schedule RC-P will be
                                                 combined into this
                                                 data item.
RC-P..................  3 (New)...............  1-4 family residential   TBD.
                                                 mortgage loans sold
                                                 during the quarter.
                                                Note: Items 3.a, 3.b,
                                                 and 3.c.(1) of
                                                 Schedule RC-P will be
                                                 combined into this
                                                 data item.
RC-P..................  4 (New)...............  1-4 family residential   TBD.
                                                 mortgage loans held
                                                 for sale or trading at
                                                 quarter-end.

[[Page 51934]]

 
                                                Note: Items 4.a, 4.b,
                                                 and 4.c.(1) of
                                                 Schedule RC-P will be
                                                 combined into this
                                                 data item.
RC-P..................  5 (New)...............  Noninterest income for   TBD.
                                                 the quarter from the
                                                 sale, securitization,
                                                 and servicing of 1-4
                                                 family residential
                                                 mortgage loans.
                                                Note: Items 5.a and 5.b
                                                 of Schedule RC-P will
                                                 be combined into this
                                                 data item.
RC-P..................  6 (New)...............  Repurchases and          TBD.
                                                 indemnifications of 1-
                                                 4 family residential
                                                 mortgage loans during
                                                 the quarter.
                                                Note: Items 6.a, 6.b,
                                                 and 6.c.(1) of
                                                 Schedule RC-P will be
                                                 combined into this
                                                 data item.
RC-Q..................  M3.a.(1) (New)........  Loans measured at fair   TBD.
                                                 value: Secured by 1-4
                                                 family residential
                                                 properties (Column A).
                                                Note: Items
                                                 M3.a.(3)(a),
                                                 M3.a.(3)(b)(1), and
                                                 M3.a.(3)(b)(2), Column
                                                 B, of Schedule RC-Q
                                                 will be combined into
                                                 this data item for the
                                                 consolidated bank.
RC-Q..................  M3.a.(2) (New)........  Loans measured at fair   TBD.
                                                 value: All other loans
                                                 secured by real estate
                                                 (Column A).
                                                Note: Items M3.a.(1),
                                                 M3.a.(2), M3.a.(4),
                                                 and M3.a.(5), Column
                                                 B, of Schedule RC-Q
                                                 will be combined into
                                                 this data item for the
                                                 consolidated bank.
RC-Q..................  M3.c (New)............  Loans measured at fair   TBD.
                                                 value: Loans to
                                                 individuals for
                                                 household, family, and
                                                 other personal
                                                 expenditures (Column
                                                 A).
                                                Note: Items M3.c.(1),
                                                 M3.c.(2), M3.c.(3),
                                                 and M3.c.(4), Column
                                                 A, of Schedule RC-Q
                                                 will be combined into
                                                 this data item.
RC-Q..................  M4.a.(1) (New)........  Unpaid principal         TBD.
                                                 balance of loans
                                                 measured at fair
                                                 value: Secured by 1-4
                                                 family residential
                                                 properties (Column A).
                                                Note: Items
                                                 M4.a.(3)(a),
                                                 M4.a.(3)(b)(1), and
                                                 M4.a.(3)(b)(2), Column
                                                 B, of Schedule RC-Q
                                                 will be combined into
                                                 this data item for the
                                                 consolidated bank.
RC-Q..................  M4.a.(2) (New)........  Unpaid principal         TBD.
                                                 balance of loans
                                                 measured at fair
                                                 value: All other loans
                                                 secured by real estate
                                                 (Column A).
                                                Note: Items M4.a.(1),
                                                 M4.a.(2), M4.a.(4),
                                                 and M4.a.(5), Column
                                                 B, of Schedule RC-Q
                                                 will be combined into
                                                 this data item for the
                                                 consolidated bank.
RC-Q..................  M4.c (New)............  Unpaid principal         TBD.
                                                 balance of loans
                                                 measured at fair
                                                 value: Loans to
                                                 individuals for
                                                 household, family, and
                                                 other personal
                                                 expenditures (Column
                                                 A).
                                                Note: Items M4.c.(1),
                                                 M4.c.(2), M4.c.(3),
                                                 and M4.c.(4), Column
                                                 A, of Schedule RC-Q
                                                 will be combined into
                                                 this data item.
RC-S..................  2 (New)...............  Maximum amount of        TBD (7 MDRM Numbers).
                                                 credit exposure
                                                 arising from recourse
                                                 or other seller-
                                                 provided credit
                                                 enhancements provided
                                                 to structures reported
                                                 in item 1 (Columns A
                                                 through G).
                                                Note: Items 2.a, 2.b,
                                                 and 2.c, Columns A
                                                 through G, of Schedule
                                                 RC-S will be combined
                                                 into this data item.
RC-S..................  6 (New)...............  Total amount of          TBD (3 MDRM Numbers).
                                                 ownership (or
                                                 seller's) interest
                                                 carried as securities
                                                 or loans (Columns B,
                                                 C, and F).
                                                Note: Items 6.a and
                                                 6.b, Columns B, C, and
                                                 F, of Schedule RC-S
                                                 will be combined into
                                                 this data item.
RC-V..................  1.b (New).............  Assets of consolidated   TBD (2 MDRM Numbers).
                                                 variable interest
                                                 entities (VIEs) that
                                                 can be used only to
                                                 settle obligations of
                                                 the consolidated VIEs:
                                                 Securities (Columns A
                                                 and C).
                                                Note: Items 1.b and
                                                 1.c, Columns A and C,
                                                 of Schedule RC-V
                                                 removed above will be
                                                 combined into this
                                                 data item for Columns
                                                 A and C (the latter to
                                                 be relabeled as Column
                                                 B).
RC-V..................  1.c (New).............  Assets of consolidated   TBD (2 MDRM Numbers).
                                                 variable interest
                                                 entities (VIEs) that
                                                 can be used only to
                                                 settle obligations of
                                                 the consolidated VIEs:
                                                 Loans and leases held
                                                 for investment, net of
                                                 allowance, and held
                                                 for sale (Columns A
                                                 and C).
                                                Note: Items 1.e, 1.f,
                                                 and 1.g, Columns A and
                                                 C, of Schedule RC-V
                                                 removed above will be
                                                 combined into this
                                                 data item for Columns
                                                 A and C (the latter to
                                                 be relabeled as Column
                                                 B).
RC-V..................  5 (New)...............  Total assets of asset-   TBD.
                                                 backed commercial
                                                 paper (ABCP) conduit
                                                 VIEs.
RC-V..................  6 (New)...............  Total liabilities of     TBD.
                                                 ABCP conduit VIEs.
----------------------------------------------------------------------------------------------------------------

Data Items With a New or Increased Reporting Threshold

    Schedule RC-P is to be completed by institutions where any of 
the following residential mortgage banking activities (in domestic 
offices) exceeds $10 million for two consecutive quarters:
     1-4 family residential mortgage loan originations and 
purchases for resale from all sources during a calendar quarter; or
     1-4 family residential mortgage loan sales during a 
calendar quarter; or
     1-4 family residential mortgage loans held for sale or 
trading at calendar quarter-end.
    Schedule RC-Q is to be completed by banks that: (1) Have elected 
to report financial instruments or servicing assets and liabilities 
at fair value under a fair value option with changes in fair value 
recognized in earnings, or (2) are required to complete Schedule RC-
D, Trading Assets and Liabilities.
    Schedule RC-T: Increase the threshold for the exemption from 
reporting Schedule RC-T, data items 14 through 26, from institutions 
with fiduciary assets of $100 million or less to institutions with 
fiduciary assets of $250 million or less (that do not meet the 
fiduciary income test for quarterly reporting).

[[Page 51935]]



----------------------------------------------------------------------------------------------------------------
       Schedule                  Item                  Item name                         MDRM No.
----------------------------------------------------------------------------------------------------------------
RC-T..................  14....................  Income from personal     RIADB904.
                                                 trust and agency
                                                 accounts.
RC-T..................  15.a..................  Income from employee     RIADB905.
                                                 benefit and retirement-
                                                 related trust and
                                                 agency accounts:
                                                 Employee benefit--
                                                 defined contribution.
RC-T..................  15.b..................  Income from employee     RIADB906.
                                                 benefit and retirement-
                                                 related trust and
                                                 agency accounts:
                                                 Employee benefit--
                                                 defined benefit.
RC-T..................  15.c..................  Income from employee     RIADB907.
                                                 benefit and retirement-
                                                 related trust and
                                                 agency accounts: Other
                                                 employee benefit and
                                                 retirement-related
                                                 accounts.
RC-T..................  16....................  Income from corporate    RIADA479.
                                                 trust and agency
                                                 accounts.
RC-T..................  17....................  Income from investment   RIADJ315.
                                                 management and
                                                 investment advisory
                                                 agency accounts.
RC-T..................  18....................  Income from foundation   RIADJ316.
                                                 and endowment trust
                                                 and agency accounts.
RC-T..................  19....................  Income from other        RIADA480.
                                                 fiduciary accounts.
RC-T..................  20....................  Income from custody and  RIADB909.
                                                 safekeeping accounts.
RC-T..................  21....................  Other fiduciary and      RIADB910.
                                                 related services
                                                 income.
RC-T..................  22....................  Total gross fiduciary    RIAD4070.
                                                 and related services
                                                 income.
RC-T..................  23....................  Less: Expenses.........  RIADC058.
RC-T..................  24....................  Less: Net losses from    RIADA488
                                                 fiduciary and related
                                                 services.
RC-T..................  25....................  Plus: Intracompany       RIADB911.
                                                 income credits for
                                                 fiduciary and related
                                                 services.
RC-T..................  26....................  Net fiduciary and        RIADA491.
                                                 related services
                                                 income.
----------------------------------------------------------------------------------------------------------------

    To be completed by banks with collective investment funds and 
common trust funds with a total market value of $1 billion or more 
as of the preceding December 31.

----------------------------------------------------------------------------------------------------------------
       Schedule                  Item                  Item name                         MDRM No.
----------------------------------------------------------------------------------------------------------------
RC-T..................  M3.a..................  Collective investment    RCFDB931, RCFDB932.
                                                 funds and common trust
                                                 funds: Domestic equity
                                                 (Columns A and B).
RC-T..................  M3.b..................  Collective investment    RCFDB933, RCFDB934.
                                                 funds and common trust
                                                 funds: International/
                                                 Global equity (Columns
                                                 A and B).
RC-T..................  M3.c..................  Collective investment    RCFDB935, RCFDB936.
                                                 funds and common trust
                                                 funds: Stock/Bond
                                                 blend (Columns A and
                                                 B).
RC-T..................  M3.d..................  Collective investment    RCFDB937, RCFDB938.
                                                 funds and common trust
                                                 funds: Taxable bond
                                                 (Columns A and B).
RC-T..................  M3.e..................  Collective investment    RCFDB939, RCFDB940.
                                                 funds and common trust
                                                 funds: Municipal bond
                                                 (Columns A and B).
RC-T..................  M3.f..................  Collective investment    RCFDB941, RCFDB942.
                                                 funds and common trust
                                                 funds: Short-term
                                                 investments/Money
                                                 market (Columns A and
                                                 B).
RC-T..................  M3.g..................  Collective investment    RCFDB943, RCFDB944.
                                                 funds and common trust
                                                 funds: Specialty/Other
                                                 (Columns A and B).
----------------------------------------------------------------------------------------------------------------

    To be completed by banks with $10 billion or more in total 
assets.

----------------------------------------------------------------------------------------------------------------
       Schedule                  Item                  Item name                         MDRM No.
----------------------------------------------------------------------------------------------------------------
RC-S..................  6 (New)...............  Total amount of          TBD (3 MDRM Numbers).
                                                 ownership (or
                                                 seller's) interest
                                                 carried as securities
                                                 or loans (Columns B,
                                                 C, and F).
RC-S..................  10....................  Reporting bank's unused  RCFDB783, RCFDB786, RCFDB787, RCFDB788,
                                                 commitments to provide   RCFDB789.
                                                 liquidity to other
                                                 institutions'
                                                 securitization
                                                 structures (Columns A
                                                 and D through G).
RC-S..................  M3.a.(1)..............  Asset-backed commercial  RCFDB806.
                                                 paper conduits:
                                                 Maximum amount of
                                                 credit exposure
                                                 arising from credit
                                                 enhancements provided
                                                 to conduit structures
                                                 in the form of standby
                                                 letters of credit,
                                                 subordinated
                                                 securities, and other
                                                 enhancements: Conduits
                                                 sponsored by the bank,
                                                 a bank affiliate, or
                                                 the bank's holding
                                                 company.
RC-S..................  M3.a.(2)..............  Asset-backed commercial  RCFDB807.
                                                 paper conduits:
                                                 Maximum amount of
                                                 credit exposure
                                                 arising from credit
                                                 enhancements provided
                                                 to conduit structures
                                                 in the form of standby
                                                 letters of credit,
                                                 subordinated
                                                 securities, and other
                                                 enhancements: Conduits
                                                 sponsored by other
                                                 unrelated institutions.
RC-S..................  M3.b.(1)..............  Asset-backed commercial  RCFDB808.
                                                 paper conduits: Unused
                                                 commitments to provide
                                                 liquidity to conduit
                                                 structures: Conduits
                                                 sponsored by the bank,
                                                 a bank affiliate, or
                                                 the bank's holding
                                                 company.
RC-S..................  M3.b.(2)..............  Asset-backed commercial  RCFDB809.
                                                 paper conduits: Unused
                                                 commitments to provide
                                                 liquidity to conduit
                                                 structures: Conduits
                                                 sponsored by other
                                                 unrelated institutions.
RC-S..................  M4....................  Outstanding credit card  RCFDC407.
                                                 fees and finance
                                                 charges included in
                                                 Schedule RC-S, item 1,
                                                 column C.
----------------------------------------------------------------------------------------------------------------


[[Page 51936]]

    To be completed by banks with $100 billion or more in total 
assets.

----------------------------------------------------------------------------------------------------------------
       Schedule                  Item                  Item name                         MDRM No.
----------------------------------------------------------------------------------------------------------------
RC-S..................  3.....................  Reporting bank's unused  RCFDB726, RCFDB727, RCFDB728, RCFDB729,
                                                 commitments to provide   RCFDB730, RCFDB731, RCFDB732.
                                                 liquidity to
                                                 structures reported in
                                                 item 1 (Columns A
                                                 through G).
----------------------------------------------------------------------------------------------------------------


    Dated: November 2, 2017.
Karen Solomon,
Deputy Chief Counsel, Office of the Comptroller of the Currency.

    Board of Governors of the Federal Reserve System, October 31, 
2017.
Ann E. Misback,
Secretary of the Board.

    Dated at Washington, DC, this 31st day of October, 2017.

Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.

[FR Doc. 2017-24310 Filed 11-7-17; 8:45 am]
 BILLING CODE 4810-33-6710-07;6714-01-P