Office of Thrift Supervision

Electronic Filing System Version 8.2

Financial Reporting Bulletin

June 2011

Inside this issue:

June 2011 Report Changes 2

June 2011 CMR Reporting 

Requirements 2

2011 FDIC Summary of 

Deposits 

3

March 2012 Conversion to 

the Call Report 4

FRD Staff New

 Phone Numbers 4

Report Filing Deadlines

Monthly Cost of Funds (COF) and

 Thrift Financial Report (TFR) Monday, August 1, 2011

Consolidated Maturity/Rate (CMR) and

 Holding Company (HC) / HOLA 10(l) Monday, August 15, 2011

FDIC Summary of Deposits (SOD) Monday, August 15, 2011

The report filing deadlines for June 2011 are as follows:

The Filing Schedule of OTS Regulatory Reports for 2011 is available at: 

http://www.ots.treas.gov/?p=NewsFilingInformation

The listing of TFR Schedules and Their Public Availability can be found at: 

http://www.ots.treas.gov/?p=TFRSchedules

The EFS 8.2 software update must be installed from the CD or downloaded via EFS-Net 

and applied prior to preparing and transmitting data to the OTS for the June 2011 

regulatory reports. If necessary, you may need to contact your network administrators, 

in-house or contract IT personnel for assistance.

OTS Software CD: Insert the CD dated July 6, 2011, into your computer to initiate the 

installation wizard. Click the appropriate tab for your institution type [Thrift] or [Holding 

Company], and select to [Install Electronic Filing System 8.2]. Follow the prompts until 

you have successfully installed the EFS version 8.2 update. 

Download via EFS-Net: Launch EFS in the usual manner. From the main menu, 

select [Transmit], default [x] Download Notices-Software Updates, and click [Next>>]. On 

the Step 5 of 5 screen, select the [EFS-Net] button and the gray bar to [Log Into My 

Internet Connection ...]. Under the heading “Software Updates Available for Download,” 

select [efs_820_setup] and carefully follow the instructions provided. Note: Ensure that 

you have read/write access and are able to save an executable file to a root directory on 

your workstation or network drive, otherwise, the update will not install properly. 

Verify EFS Version: Remember to always launch EFS through the Start button on your 

PC. From the main EFS screen, click on >Help >About Electronic Filing System to verify 

that the Release cycle is 06-2011, and the System Database and System File versions 

show 8.2 after you have installed the update. 

Office of Thrift Supervision 

Financial Reporting Division

P.O. Box 619027

Dallas, TX 75261-9027

Fax: 972.277.9596

http://www.ots.treas.gov

E-mail General Questions:

tfr.instructions@ots.treas.gov

EFS Helpline:

efs-info@ots.treas.gov

Tollfree: 1.866.314.1744
Financial Reporting Bulletin

June 2011

Page 2

The June changes made to the TFR were added to provide the information needed to implement the amendments to the FDIC’s assessment regulations adopted in February 2011. These amendments redefined the 

deposit insurance assessment base for all institutions and revised the assessment system for large and highly 

complex institutions. As a result of this final rule, 34 new line items were added and 5 lines were deleted to 

schedule DI, and 37 new line items were added to schedule SI. Numerous caption changes were also made. 

The majority of the new lines, along with instruction updates for schedule VA will only be completed by institutions with at least $10 billion or more in total assets. 

Institutions with $1 billion in assets or more and all new institutions must now report average consolidated 

assets based on daily balances during the calendar quarter. Institutions with less than $1 billion in assets may 

report average consolidated total assets based on weekly balances during the calendar quarter, unless they 

choose to report daily averages. However, once an institution begins to report using daily averages, it must 

continue to do so. 

June 2011 TFR Form and Reporting Changes

The joint agencies have decided that all savings associations must continue to file the June schedule CMR in 

accordance with current policy.

Schedule CMR is scheduled to be eliminated after the filing of the December 2011 reports. Institutions are 

encouraged to refine their internal interest rate risk measurement processes to ensure compliance with existing interagency regulatory guidance.

June 2011 CMR Reporting Requirements
2011 FDIC Summary of Deposits (SOD)

Financial Reporting Bulletin

June 2011

Page 3

In accordance with the joint-agency Federal Register Notice (76 FR 7087), all FDIC-insured 

thrifts that operate a main office AND one or more branch locations as of June 30, 2011, 

are required to file the Summary of Deposits survey. The OTS Branch Office Survey (BOS ) 

will no longer be collected. You can access the FDIC Financial Institution Letter (FIL-44-

2011) at: http://www.fdic.gov/news/news/financial/2011/fil11044.html. 

Institutions with a main office only (“unit banks”) are exempt from filing; however, they 

will be included in the survey results based on the total deposits reported on their June 30, 

2011, Thrift Financial Report. Complete instructions for the Summary of Deposits is available on the FDIC website at: http://www2.fdic.gov/sod/pdf/SOD_Instructions.pdf

Steps to Take:

 Review the list of branch offices for accuracy on an ongoing basis, and timely notify 

your primary federal regulator of approved transaction consummations such as 

branch openings, branch relocations, branch purchase and assumptions, branch 

closures and whole bank mergers. You may review your current list of branches at any 

time using the FDIC’s Institution Directory website at: http://www2.fdic.gov/idasp/

main.asp.

 Report deposits for each branch (in thousands of dollars).

 Validate the total branch deposits reported on the Summary of Deposits survey 

equals the sum of “Deposits” reported on line SC710 and “Escrows” reported in line 

SC712 of the June 30, 2011, Thrift Financial Report.

 Upload the completed survey using your vendor software through FDICconnect or 

submit by using the FDIC’s interactive SOD survey website. The list of electronic filing 

options and software vendors is offered on the above-referenced FIL-44-2011.

For most institutions, survey responses are required by July 31, 2011. Thrifts that filed the 

Office of Thrift Supervision (OTS) Branch Office Survey in 2010 are permitted an additional 

15 days to file the SOD during the 2011 SOD cycle only. No other filing extensions will be 

granted. 

If you need assistance with the SOD survey, please contact the FDIC’s Data Collection and 

Analysis Section at sod@fdic.gov or 1.800.688.3342. 

To receive Financial Institution Letters and notifications electronically from the FDIC, you 

may subscribe to e-mail updates at www.fdic.gov/about/subscriptions. 

Thrifts that filed the 

2010 OTS Branch Office 

Survey are permitted to 

file the 2011 FDIC 

Summary of Deposits 

survey by Monday, 

August 15, 2011.
FRD Staff New Numbers

The OTS Financial Reporting Division (FRD) staff will be transferred to the FDIC effective with the transfer date 

and become part of the FDIC’s Data Collection and Analysis Section. For now, the FRD staff, OTS software technical support and TFR Instruction email accounts will remain the same. Beginning July 15, 2011, the FRD staff 

will have a new address and new telephone numbers. 

Federal Deposit Insurance Corporation 

Division of Insurance and Research 

Data Collection and Analysis Section 

1601 Bryan Street, 16th Floor 

Dallas, TX 75201-4586 

Name Email Address FDIC Phone

Jan Florez juanita.florez@ots.treas.gov (972) 761-2078

Jim Hanson james.hanson@ots.treas.gov (972) 761-2192

Cheyann Houts cheyann.houts@ots.treas.gov (972) 761-2030

Kathryn Johnson kathryn.johnson@ots.treas.gov (972) 761-2216

Kevin Jones kevin.jones@ots.treas.gov (972) 761-2050

Milette Pratt milette.pratt@ots.treas.gov (972) 761-2240

Vikki Reynolds vikki.reynolds@ots.treas.gov (972) 761-2143

Angela Thorpe-Harris angela.thorpe-harris@ots.treas.gov (972) 761-2258

EFS Technical Support efs-info@ots.treas.gov (866) 314-1744

TFR Instructions tfr.instructions@ots.treas.gov n/a

Financial Reporting Bulletin

June 2011

Page 4

Thrifts were notified of the proposed conversion to the Call Report in CEO Letter #378 on February 3, 20111, 

and in a joint notice and request for comments published in the Federal Register on February 8, 20112. The 

agencies have carefully reviewed the comments received regarding the proposed conversion and will soon 

publish in the Federal Register a final notice detailing their final decisions. A CEO Letter is also planned to be 

issued regarding these final decisions.

The agencies have taken several steps to help savings associations with the reporting conversion. One major 

step is to transfer the FRD staff as a unit to the FDIC. This step will help provide savings associations with consistency by having the same points of contact throughout the report conversion process. Experienced Call Report staff will also be readily available to assist institutions with report content and filing issues throughout the 

transition and on an ongoing basis.

1

Link to CEO Letter #378: http://www.ots.treas.gov/_files/25378.pdf

2 Link to 76 FR 7082: http://www.ots.treas.gov/_files/4830082.pdf

March 2012 Conversion to the Call Report
THRIFT FINANCIAL REPORT INSTRUCTION MANUAL JUNE 2011

SCHEDULE VA 419

VA953: Multifamily (5 or More Dwelling Units)

Report foreclosures during the quarter on permanent mortgages secured by five or more dwelling unit 

property that you previously reported on SC256, Permanent Mortgages on Multifamily (5 or More) 

Dwelling Units.

VA954: Nonresidential (Except Land)

Report foreclosures during the quarter on permanent mortgages secured by nonresidential property that 

you previously reported on SC260, Permanent Mortgages on: Nonresidential Property (Except Land). 

VA955: Land

Report foreclosures during the quarter on permanent mortgages secured by land that you previously 

reported on SC265, Permanent Mortgages on Land.

CLASSIFICATION OF ASSETS: VA960-VA975

Savings associations that are large institutions should complete existing line 

items VA960, VA965, VA970, and VA975 in accordance with the directions under 

that subheading. ―All Other Savings Associations‖ should continue to follow the 

existing TFR instructions for these four line items.

SAVINGS ASSOCIATIONS THAT ARE LARGE INSTITUTIONS: VA960-

VA975

According to According to Section 327.8(f) of the FDIC’s regulations, a large institution is a FDIC-insured 

savings association that reported total assets of $10 billion or more as of December 31, 2006, that does 

not meet the definition of a highly complex institution. After December 31, 2006, if a savings association 

not previously classified as a large institution reports total assets of $10 billion or more for four 

consecutive quarters, the savings association will be classified as a large institution beginning the 

following quarter. In the Consolidated Statement of Condition, a FDIC-insured savings association’s total 

assets is reported in Schedule SC, item SC60. 

CRITICIZED AND CLASSIFIED ITEMS: VA960-VA975: Criticized and classified items include all onand off-balance sheet items an institution or its primary federal regulator has graded Special Mention or 

worse (Substandard, Doubtful, or Loss). Such items include, but are not limited to, retail items adversely 

classified under the agencies’ Uniform Retail Credit Classification and Account Management Policy,2

securities, funded and unfunded loans,

3

other real estate owned, other assets, and marked-to-market 

counterparty positions (less credit valuation adjustments for these counterparty positions).4 Criticized and 

classified items exclude loans and securities reported as trading assets, and the amount recoverable on 

an on- or off-balance sheet item from the U.S. government, its agencies, or its government-sponsored 

agencies, under guarantee or insurance provisions, including FDIC loss-sharing agreements.

For purposes of the criticized and classified items definition, Loss items include any items graded Loss 

that have not yet been written off against the allowance for loan and leases losses (or another valuation 

 

2

http://www.fdic.gov/news/news/financial/2000/fil0040a.pdf.

3

The amount of the unfunded loan that should be reported as criticized or classified should equal the amount that the borrower is 

entitled to draw upon as of the reporting date, i.e., the unused commitment as defined in the instructions for Schedule CCR. 

4

An institution that has not previously measured its marked-to-market counterparty positions net of any applicable credit valuation 

adjustments for purposes or reporting criticized and classified items internally and to its primary federal regulator may report these 

positions in this manner in Schedule VA, particularly if the institution concludes that updating its reporting systems to net these 

adjustments would impose an unburden on the institution.
JUNE 2011 THRIFT FINANCIAL REPORT INSTRUCTION MANUAL

420 SCHEDULE VA

allowance) or charged directly to earnings, as appropriate. However, because an item should be written 

off or charged off in the period in which the item is deemed Loss, the amount reported in line item VA975, 

generally should be zero. 

A marked-to-market counterparty position is equal to the sum of the net marked-to-market 

derivative exposures for each counterparty. The net marked-to-market derivative exposure equals the 

sum of all positive marked-to-market exposures net of legally enforceable netting provisions and net of all 

collateral held under a legally enforceable Credit Support Annex plus any exposure where excess 

collateral has been posted to the counterparty. For purposes of this item, a marked-to-market 

counterparty position less any credit valuation adjustment can never be less than zero.

 VA960 Special mention. Report the amount of on- and off-balance sheet items the reporting 

institution or its primary federal regulator has graded Special Mention.

 VA965 Substandard. Report the amount of on- and off-balance sheet items the reporting institution 

or its primary federal regulator has graded Substandard.

 VA970 Doubtful. Report the amount of on- and off-balance sheet items the reporting institution or 

its primary federal regulator has graded Doubtful.

 VA975 Loss. Report the amount of on- and off-balance sheet items the reporting institution or its 

primary federal regulator has graded Loss.

ALL OTHER SAVINGS ASSOCIATIONS: VA960-VA975

Report classified assets and assets designated special mention, net of related specific valuation 

allowances, accumulated charge-offs, and recorded liabilities. Include off-balance-sheet items, such as 

loan commitments, loans sold with recourse, and lines and letters of credit that you are required to 

classify.

End of Quarter Balances:

VA960: Special Mention

Report all assets, portions of assets, and off-balance-sheet items as of the end of the quarter that are not 

classified but are designated as special mention pursuant to the Examination Handbook Section 260 

and 12 CFR § 560.160.

VA965: Substandard

Report all assets, portions of assets, and off-balance-sheet items as of the end of the quarter classified as 

substandard pursuant to the Examination Handbook Section 260 and 12 CFR § 560.160.

Assets classified Substandard may be characterized by an asset that is a deteriorating loan or an 

investment that is nonperforming or nonearning. This includes REO, and nonperforming loans and 

investments, including residual tranches of securities that are on nonaccrual status. 

VA970: Doubtful

Report all assets, portions of assets, and off-balance-sheet items classified doubtful as of the end of the 

quarter pursuant to the Examination Handbook Section 260 and 12 CFR § 560.160.

VA975: Loss

Report all assets, portions of assets, and off-balance-sheet items classified loss as of the end of the 

quarter pursuant to Examination Handbook Section 260 and 12 CFR. § 560.160.
THRIFT FINANCIAL REPORT INSTRUCTION MANUAL JUNE 2011

SCHEDULE VA 421

You should deduct any related specific valuation allowances, accumulated charge-offs, and recorded 

liabilities prior to reporting the amount of assets classified loss. Accordingly, you should generally report 

zero in this data field.

OTHER SCHEDULE VA ITEMS

VA979: Credit Card Charge-Offs Related to Accrued Interest

Report the amount of loss that you charged off on credit cards (SC328) due to accrued interest. 

PURCHASED IMPAIRED LOANS HELD FOR INVESTMENT 

Report purchased impaired loans as defined by FASB ASC 310-30 (Receivables; Loans and Debt 

Securities Acquired Deteriorated Credit Quality) that your savings association has purchased, including 

those acquired in a purchase business combination, when there is evidence of deterioration of credit 

quality since the origination of the loan and it is possible, at the purchase date, that the savings 

association will be unable to collect all contractually required payments receivable. Any nonaccrual 

status and any nonaccrual purchased impaired loans should be reported accordingly in Schedule PD. 

For those purchased impaired loans that are not on nonaccrual status, you should determine the loans’ 

delinquency status in accordance with the contractual repayment terms of the loans without regard to the 

purchase price of (initial investment in) these loans or the amount and timing of the cash flows expected 

at acquisition.

VA980: Outstanding Balance (Contractual)

Report the outstanding balance of purchased impaired loans. The outstanding balance is the 

undiscounted sum of all amounts, including amounts deemed principal, interest, fees, penalties, and other 

under the loan, owed to the savings association at the report date, whether or not currently due and 

whether or not any such amounts have been charged off by the savings association. However, the 

outstanding balance does not include amounts that would be accrued under the contract as interest, fees, 

penalties, and other after the report date.

VA981: Recorded Investment (Carrying Amount Before Deducting Any 

Loan Loss Allowances)

Report the recorded investment (carrying amount before deducting any loan loss allowances) as of the 

report date of the purchased impaired loans held for investment. Loans held for investment are those 

loans that the savings association has the intent and ability to hold for the foreseeable future or until 

maturity or payoff. Thus, the outstanding balance and recorded investment of any purchased impaired 

loans that are held for sale would not be reported in these memorandum items.

VA985: Allowance Amount Included In Allowance for Loan and Lease 

Losses (SC283, SC357) 

Report the amount of post-acquisition loan loss allowances for purchased impaired loans held for 

investment that is included in the total amount of the allowance for loan and lease losses as of the report 

date.
THRIFT FINANCIAL REPORT INSTRUCTION MANUAL JUNE 2011

SCHEDULE SI 1001

SCHEDULE SI —SUPPLEMENTAL INFORMATION

Throughout these instructions, you and your refers to the savings association and its consolidated 

subsidiaries; we and our refers to the Office of Thrift Supervision.

TRADING ASSETS, LIABILITIES, AND OTHER DATA ITEMS

Savings associations that are defined as large institutions as defined in the 12 C.F.R. 327.8(h) of the 

FDIC Regulations or report $10 billion or more in total assets in their June 30, 2011, or subsequent TFR 

must provide data on the fair value of trading assets and liabilities included in various balance sheet 

assets and liability categories reported in TFR Schedule SC in items SI301-SI331 below. 

Trading activities typically include (a) regularly underwriting or dealing in securities; interest rate, foreign 

exchange rate, commodity, equity and credit derivative contracts; other financial instruments; and other 

assets for resale, (b) acquiring or taking positions in such items principally for the purpose of selling in the 

near term or otherwise with the intent to resell in order to profit from short-term price movements, and (c) 

acquiring or taking positions in such items as an accommodation to customers or for other trading 

purposes.

Pursuant to ASC Subtopic 825-10, Financial Instruments (formerly FASB Statement No. 159,

“The Fair Value Option for Financial Assets and Financial Liabilities”), – Overall all securities within the 

scope of ASC Topic 320, Investments – Debt and Equity Securities (formerly FASB Statement No. 115,

“Accounting for Certain Investments in Debt and Equity Securities”), that a savings association has 

elected to report at fair value under a fair value option (with changes in fair value reported in current 

earnings) should be classified as trading securities. In addition, for purposes of these reports, savings 

associations may classify assets (other than securities within the scope of ASC Topic 320) and liabilities 

as trading if the savings association applies fair value accounting (with changes in fair value reported in 

current earnings) and manages these assets and liabilities as trading positions, subject to the controls 

and applicable regulatory guidance related to trading activities. 

For example, a savings association would generally not classify a loan to which it has applied the fair 

value option as a trading asset unless the savings association holds the loan, which it manages as a 

trading position, for one of the following purposes: (a) for market making activities, including such 

activities as accumulating loans for sale or securitization; (b) to benefit from actual or expected price 

movements; or (c) to lock in arbitrage profits. When reporting loans classified as trading in Schedule SI, 

savings associations should include only the fair value of the funded portion of the loan in this schedule. 

If the unfunded portion of the loan, if any, is classified as trading (and does not meet the definition of a 

derivative), the fair value of the commitment to lend should be reported as an “Other trading asset” or an 

“Other trading liability,” as appropriate, in Schedule SI, item SI329 or item SI331, respectively.

Assets, liabilities, and other financial instruments classified as trading shall be consistently valued at fair

value.
JUNE 2011 THRIFT FINANCIAL REPORT INSTRUCTION MANUAL

1002 SCHEDULE SI

Exclude from this schedule all available-for-sale securities and all loans and leases that do not satisfy the

criteria for classification as trading as described above. (Also see the FFIEC Call Report Instructions –

Glossary entry for “trading account.”). Loans and leases that do not satisfy the criteria for the trading 

account should not be reported in Schedule SI.

TRADING ASSETS 

SI301: Other Interest-Earning Deposits (line item SC118)

Report the total fair value of interest- earning checking accounts and time certificates held with depository 

institutions held for trading.

SI302: Federal Funds Sold and Securities Purchased Under 

Agreements to Resell (line item SC125)

Report the total fair value of Federal Funds Sold and Securities Purchased Under Agreements to Resell 

held for trading.

SI303: U.S. Government, Agency, and Sponsored Enterprise 

Securities (line item SC130)

Report the total fair value of nonmortgage debt instruments issued by the U.S. Government, its agencies 

and sponsored enterprises held for trading. Exclude mortgage-backed securities.

SI304: Equity Securities Carried at Fair Value (line item SC140) 

Report the total fair value of all investments in equity securities held for trading. 

SI305: State and Municipal Obligations (line item SC180) 

Report the total fair value of debt securities issued by states and political subdivisions in the United States 

local governments held for trading.

SI306: Securities Backed by Nonmortgage Loans (line item 

SC182)

Report the total fair value of the outstanding balance, as determined in accordance with GAAP, of all 

securities collateralized by nonmortgage loans such as credit card loans and auto loans held for trading.

SI307: Other Investment Securities (line item SC185) 

Report the total fair value of investment securities and other instruments not reported on SC110 through 

SC182 or SC510 or SC540 held for trading. 

SI308: Other Pass-Through Mortgage-Backed Securities (line item 

SC215). 

Report the total fair value of mortgage pass-through securities that are not insured or guaranteed by an 

agency or sponsored enterprise of the U.S. held for trading. 

SI309: Other Mortgage-Backed Securities (line item SC222). 

Report the total fair value of all other mortgage-backed securities not reported on SC210 through SC219 

held for trading.
THRIFT FINANCIAL REPORT INSTRUCTION MANUAL JUNE 2011

SCHEDULE SI 1003

SI312: Other Mortgage-Backed Securities (Excluding Bonds) 

Issued or Guaranteed by FNMA, FHLMC, or GNMA (line 

item SC219)

Report the total fair value of all residential mortgage pass-through securities issued or guaranteed by 

FNMA, FHLMC, or GNMA securitized mortgage derivatives that are collateralized by mortgage 

derivatives that FNMA, FHLMC, or GNMA held for trading. 

SI313: Mortgage–Backed Securities Other Than the Two 

Preceding Categories (line items SC210 and SC217)

Report the total fair value of mortgage pass-through securities insured or guaranteed by an agency or 

sponsored enterprise of the U.S. and securitized mortgage derivatives that FNMA, FHLMC or GNMA 

issues or guarantees held for trading.

SI314: Construction Loans (line items SC230, SC235, and SC240)

Report the total fair value of all construction, land development, and other land loans held for trading.

SI315: Revolving Open-End Loans on 1-4 Family Residential 

Properties (line item SC251)

Report the total fair value of revolving, open-end loans secured by 1-4 family residential properties and 

extended under lines of credit held for trading. 

SI316: Loans Secured By First Liens on 1-4 Family Residential 

Properties (line item SC254) 

Report the total fair value of the outstanding balance of closed –end loans secured by first liens on 1-4 

family residential properties held for trading. 

SI317: Loans Secured By Junior Liens on 1-4 Family Residential 

Properties (line item SC255)

Report the total fair value of the outstanding balance of closed-end loans secured by junior liens on 1-4 

family residential properties held for trading. 

SI318: Real Estate Loans on Multifamily (5 or more) Dwelling Units 

(line item SC256) 

Report the total fair value of loans secured by multifamily (5 or more) residential properties held for 

trading.

SI319: Real Estate Loans on Nonresidential Property (Except 

Land) – Only Loans Secured by Nonfarm Nonresidential 

Properties (line item SC260)

Report the total fair value of loans secured by nonfarm nonresidential properties held for trading. 
JUNE 2011 THRIFT FINANCIAL REPORT INSTRUCTION MANUAL

1004 SCHEDULE SI

SI321: Real Estate Loans on Nonresidential Property (Except 

Land) – Only Loans Secured by Farmland (line item SC260) 

Report the total fair value of the outstanding balance of all loans secured by farmland held for trading. 

SI322: Loans Secured by Land (line item SC265) 

Report the total fair value of the outstanding balance of all loans secured by land held for trading. 

SI323: Commercial Loans (Except Loans to Finance Agricultural 

Production and Other Loans to Farmers) (line item SC32) 

Report the total fair value of the outstanding balance of all loans secured by Commercial Loans (except 

loans to finance agricultural production and other loans to farmers) held for trading. 

SI324: Loans to Finance Agricultural Production and Other Loans 

To Farmers (line item SC32)

Report the total fair value of the outstanding balance of loans to finance agricultural production and Other 

Loans to Farmers held for trading. 

SI 325: Credit Cards (line item SC328)

Report the total fair value of all extensions of credit to individuals for household, family, and other 

personal expenditures held for trading. 

SI326: Other Consumer Loans (line items SC310, SC316, SC320, 

SC323, SC326 and SC330) 

Report the total fair value of all extensions of credit to individuals for household, family, and other 

personal expenditures arising from prearranged overdraft plans and other revolving credit plans not 

accessed by credit cards held for trading. 

SI327: Other Equity Investments Not Carried at Fair Value (line 

item SC540) 

Report the total fair value of investments in unconsolidated subordinate organizations and other passthrough investments held for trading.

SI328: Interest-Only Strip Receivables and Certain Other 

Instruments (line item SC665) 

Report the total fair value of certain nonsecurity financial instruments (CNFIs) accounted for at fair value 

like investments in debt securities classified as available-for-sale or trading held for trading. 

SI329: Other Assets (line item SC689)

Report the total fair value of all trading assets that cannot properly be reported in items SI301-SI328 

above. Exclude revaluation gains on interest rate, foreign exchange rate, commodity, equity, and credit 

derivative contracts.
THRIFT FINANCIAL REPORT INSTRUCTION MANUAL JUNE 2011

SCHEDULE SI 1005

TRADING LIABILITIES

SI331: Other Liabilities and Deferred Income (line item SC796)

Report the total fair value of all trading liabilities other than the reporting savings association’s liability for 

short positions. Exclude revaluation losses on interest rate, foreign exchange rate, commodity, equity, 

and credit derivative contracts. 

OTHER DATA ITEMS

Report “Other Data Items” as defined in SI332-SI342 below.

SI332: Amortized Cost of U.S. Government, Agency, and 

Sponsored Enterprise Securities – Only Securities Held-ToMaturity (line SC130) 

Report the total amortized cost of U. S. Government, agency, and sponsored enterprise securities (only 

securities held-to-maturity). In general, amortized cost is the purchase price of a debt security adjusted 

for amortization of premium or accretion of discount if the debt security was purchased at other than par 

or face value. (See the FFIEC Call Report Instructions – Glossary entry for "premiums and discounts.") 

SI333: Fair Value of U.S. Government, Agency, and Sponsored 

Enterprise Securities –Only Securities Held-To-Maturity 

(line SC130)

Report the total fair value of U. S. Government, agency, and sponsored enterprise securities (only 

securities held-to-maturity). As defined in ASC Topic 820, Fair Value Measurements and Disclosures 

(formerly FASB Statement No. 157, “Fair Value Measurements”), fair value is “the price that would be 

received to sell an asset or paid to transfer a liability in an orderly transaction between market participants 

at the measurement date.” For further information, see the FFIEC Call Report Instructions – Glossary

entry for “fair value.”

SI334: Amortized Cost of U.S. Government, Agency, and

Sponsored Enterprise Securities – Only Securities 

Available-For-Sale (line SC130)

Report the total amortized cost of U. S. Government, agency, and sponsored enterprise securities (only 

securities available-for-sale). In general, amortized cost is the purchase price of a debt security adjusted 

for amortization of premium or accretion of discount if the debt security was purchased at other than par 

or face value. (See the FFIEC Call Report Instructions – Glossary entry for "premiums and discounts.") 

SI335: Fair Value of U.S. Government, Agency, and Sponsored 

Enterprise Securities –Only Securities Available-For-Sale 

(line SC130)

Report the total fair value of U. S. Government, agency, and sponsored enterprise securities (only 

securities available-for-sale). As defined in ASC Topic 820, Fair Value Measurements and Disclosures 

(formerly FASB Statement No. 157, “Fair Value Measurements”), fair value is “the price that would be 

received to sell an asset or paid to transfer a liability in an orderly transaction between market participants 

at the measurement date.” For further information, see the FFIEC Call Report Instructions – Glossary

entry for “fair value.”
JUNE 2011 THRIFT FINANCIAL REPORT INSTRUCTION MANUAL

1006 SCHEDULE SI

SI336: Real Estate Loans Secured by Farmland (not held for 

trading) Included in Loans Secured by ―Nonresidential‖ 

Property (line item SC260)

Report the total unpaid principal balance outstanding for all loans secured by farmland (not held for 

trading) reported in item SC260.

SI337: Loans to Finance Agricultural Production and Other Loans 

to Farmers (not held for trading) included in ―Secured‖ and 

―Unsecured‖ Commercial Loans (line items SC300 and 

SC303)

Report the total unpaid principal balance outstanding for all loans to finance agricultural production and 

other loans to farmers (not held for trading) included in “secured” and “unsecured” commercial loans 

reported in items SC300 and SC303.

SI338: Advances from Federal Home Loan Bank with a Remaining 

Maturity of One Year or Less (included in line item SC720)

Report the total advances from Federal Home Loan Bank with a remaining maturity of one year or less 

included in items SC720. 

SI339: Mortgage Collateralized Securities Issued: CMOs 

(including REMICs) with a Remaining Maturity of One Year 

or Less (included in line item SC740)

Report the total Mortgage Collateralized Securities Issued: CMOs (including REMICs) with a Remaining 

Maturity of One Year or Less included in line item SC740.

SI341: Other Borrowings with a Remaining Maturity of One Year 

or Less (included in line SC760)

Report the total Other Borrowings with a Remaining Maturity of One Year or Less included in line 

item SC760.

SI342: Deposits in Foreign Offices, Edge and Agreements 

Subsidiaries, and International Banking Facilities (included 

in line item SC71)

Report the Deposits in Foreign Offices, Edge and Agreements Subsidiaries, and International 

Banking Facilities included in line item SC71.

MISCELLANEOUS (ALL SAVINGS ASSOCIATIONS MUST 

FILE:

SI370: NUMBER OF FULL-TIME EQUIVALENT EMPLOYEES

Report the actual number of full-time equivalent employees employed by you and your consolidated 

subsidiaries. Report the actual whole number; do not round to thousands.
THRIFT FINANCIAL REPORT INSTRUCTION MANUAL JUNE 2011

SCHEDULE SI 1007

SI375: FINANCIAL ASSETS HELD FOR TRADING PURPOSES

Financial assets held for trading purposes are defined as securities and other financial assets that are 

bought and held for the purpose of short term resale or with the intent of benefiting from actual or 

expected price movements, and carried at fair value with the change in fair value reflected in current 

earnings. Trading generally reflects active and frequent buying and selling to generate profits in the 

short-term.

Report financial assets held for trading purposes on this line and also on SI376. Financial assets held for 

trading purposes reported on this line should include any trading securities where it is management’s 

intent to actively buy and sell such securities to generate profits in the short term. 

SI376: FINANCIAL ASSETS CARRIED AT FAIR VALUE THROUGH 

EARNINGS

Report the balance of financial assets carried at fair value where the changes in fair value are reflected in 

current earnings for trading securities, derivatives, and all other financial assets where the fair value 

option is elected. Such assets are reported on various lines on Schedule SC and, therefore, the total of 

all assets reported at fair value is included on SC60. For example, derivative assets are included in 

SC689.

Include financial assets held for trading purposes on this line. Such assets are also reported on SI375.

Available-for-sale securities are financial assets carried at fair value. However for available-for-sale 

securities, the changes in fair value are not reflected in current earnings, but rather in other 

comprehensive income net of any deferred tax impact. Accordingly, do not include the balance of 

available-for-sale securities on this line. Rather, report such amount on SI385.

Under a “fair value option,” servicing assets may be carried at fair value with the changes in fair value 

reflected in current earnings. However, servicing assets are not financial assets. Accordingly, do not 

include the balance of any servicing assets on this line.

SI377: FINANCIAL LIABILITIES CARRIED AT FAIR VALUE THROUGH 

EARNINGS

Report the balance of financial liabilities carried at fair value where the changes in fair value are reflected 

in current earnings for derivatives and all other financial liabilities where the fair value option is elected. 

Such liabilities are reported on various lines on Schedule SC, and therefore the total of all net liabilities 

reported at fair value is included on SC70. For example, derivative liabilities are included in SC796.

SI385: AVAILABLE-FOR-SALE SECURITIES 

Report all investments in debt securities including mortgage securities, and all investments in equity 

securities that have readily determinable fair values that are classified as available-for-sale and are 

carried at fair value, with the change in fair value reflected in other comprehensive income. Do not include 

equity securities whose sale is restricted by governmental or contractual requirement – for example, 

FHLB stock. Include amounts reported on SC665, Interest-Only Strip Receivables and Certain Other 

Instruments, that are not classified as trading.

Exclude unrealized gains and losses from current earnings and report, net of taxes, as a separate 

component of equity on SC860, Unrealized Gains (Losses) on Available-for-Sale Securities, until realized. 

In addition, report certain nonsecurity financial instruments, CNFIs, classified as available-for-sale. 

Transfer securities from the available-for-sale category to held-to-maturity at fair value as of the date of 

transfer.
JUNE 2011 THRIFT FINANCIAL REPORT INSTRUCTION MANUAL

1008 SCHEDULE SI

SI387: ASSETS HELD FOR SALE

Report all assets held for sale except securities and repossessed assets. Report assets held for sale at 

the lower of cost or market, LOCOM. Recognize unrealized losses in current earnings on SO465, Net 

Income (Loss) from LOCOM Adjustments Made to Assets Held for Sale.

Transfer assets from the ”for sale” category to an investment account at the lower-of-cost-or-market as of 

the date of transfer. 

Include:

1. Loans and participations originated or purchased by you with the intent to sell.

2. Assets originally held for investment but now held for sale.

3. Assets held for sale, including real estate and branch offices, whether or not there is an outstanding 

commitment to sell.

Do not include:

1. Securities, report on SI385.

2. Repossessed assets.

SI390: LOANS SERVICED FOR OTHERS

Report the principal balance of mortgage and nonmortgage whole loans and participating interests in 

loans serviced by you, but owned by others. 

Include: 

1. Loans and securities that you sold to others but for which you perform the servicing.

2. Loans serviced by you for others, where the loans have been securitized, whether or not you own 

the securities and whether or not you have reported any servicing assets.

3. Loans serviced by you for others, where you have transferred the loans to others, but have not 

reported the transaction as a sale.

4. Loans and securities serviced by you under a contract to a third party who owns the servicing 

rights.

Do not include:

1. Loans and securities where you own the servicing rights and where the servicing has been 

subcontracted to a third party.

2. Loans and securities serviced for you by a consolidated subsidiary or a subsidiary depository 

institution.

SI394: PLEDGED LOANS

Report the recorded investment in loans included in SC26 and SC31 that have been pledged as collateral 

for borrowings. Include the recorded investment for loans pledged to the Federal Reserve or to the 

Federal Home Loan Bank. 

When a thrift has pledged an entire portfolio of loans to secure its Federal Home Loan Bank advances, it 

should report the amount of the entire portfolio in this line, excluding any loans within the portfolio that the 

thrift has the right, without constraint, to repledge to another party. (However, if any such loans have been 

repledged to another party, they should be reported in this item.)
THRIFT FINANCIAL REPORT INSTRUCTION MANUAL JUNE 2011

SCHEDULE SI 1009

SI395: PLEDGED TRADING ASSETS

Report trading assets included in SI375 and SI376 that have been pledged as collateral for borrowings. 

Trading assets are financial assets held for trading purposes, as defined in the instructions to SI375.

RESIDUAL INTERESTS

Residual interests are defined in 12 CFR Part 567.1 as any balance sheet asset that represents an 

interest, including a beneficial interest, created by a transfer of financial assets that qualifies as a sale 

under GAAP and that exposes the institution to a credit risk that exceeds a pro rata share of the 

institution’s claim on the transferred assets. The transfer of assets may be through securitization or 

otherwise; the credit risk may be directly or indirectly associated with the transferred assets; and the 

exposure to credit risk may be through either subordination provisions or other credit enhancement 

techniques.

This definition of residual interests is for regulatory reporting purposes, and, therefore, is not the same as 

purchased or retained beneficial interests in securitized financial assets, as that term is used in 

authoritative accounting literature.

Examples of residual interests include, but are not limited to, credit-enhancing interest-only strips defined 

below, spread accounts, cash collateral accounts, and retained subordinated interests. 

You report all residual interests somewhere on Schedule SC, typically on SC182, SC185, SC217 through 

222,SC665, or SC689. The total of lines SI402 and SI404 should equal all residual interests, as defined 

above, that you have included on Schedule SC.

In addition, you should report the appropriate amounts in Schedule CC, on CC455 and CC465 or CC468, 

related to direct credit substitutes and recourse obligations. Also, as residual interests are subject to 

specialized regulatory capital treatment pursuant to 12 CFR Parts 567.6 and 567.12, you should report 

the appropriate amounts in Schedule CCR, on CCR133, CCR270, CCR375, and CCR605.

SI402: RESIDUAL INTERESTS IN THE FORM OF INTEREST-ONLY 

STRIPS

Report residual interests as defined above in the form of credit-enhancing interest-only strips.

Credit-enhancing interest-only strips are defined in 12 CFR Part 567.1 as any on-balance-sheet asset 

that, in form or in substance, represents the contractual right to receive some or all of the interest due on 

transferred assets, and that through subordination provisions or other credit enhancement techniques 

exposes the institution to credit risks that exceed its pro rata claim on the transferred assets. 

Report both retained and purchased credit-enhancing interest-only strips. However, do not include 

interest-only strips issued by government-sponsored entities or other interest-only strips that do not 

function in a credit enhancing or otherwise subordinate capacity.

SI404: OTHER RESIDUAL INTERESTS

Report any other residual interests and on-balance-sheet recourse assets that you have not reported on 

SI402. Include purchased subordinated interests, purchased subordinated securities, and any other type 

of residual or recourse position that you have purchased from others. Do not include interest-only strips 

issued by the government or government sponsored enterprises, unless they meet the definition of 

residual interest in 12 CFR 567.1.
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1010 SCHEDULE SI

QUALIFIED THRIFT LENDER TEST

SI581, SI582, AND SI583: ACTUAL THRIFT INVESTMENT 

PERCENTAGE AT MONTH-END

To be a Qualified Thrift Lender, QTL, you must either meet the Home Owners’ Loan Act, HOLA, QTL test 

or the Internal Revenue Service tax code Domestic Building and Loan Association, DBLA, test. 

If you use the HOLA QTL test, report the ATIP from the OTS QTL worksheets, OTS Form 1427, for the 

three months. If you use the IRS DBLA test, leave lines SI581, 582, and 583 blank, and complete SI585 

and SI586. 

IRS DOMESTIC BUILDING AND LOAN TEST: 

Complete these lines only if you do not use the Home Owners’ Loan Act (HOLA) Qualified Thrift Lender 

(QTL) test, but instead use the IRS Domestic Building and Loan Association (DBLA) test (IRS regulation 

26 CFR § 301.7701-13A) to determine if you are a Qualified Thrift Lender. Refer to Appendix A of the 

OTS Examination Handbook, Section 270.

SI585: PERCENT OF ASSETS TEST

SI586: DO YOU MEET THE DBLA BUSINESS OPERATIONS TEST?

SI588: AGGREGATE INVESTMENT IN SERVICE 

CORPORATIONS 

Report your aggregate investment in the capital stock, loans and obligations, and other securities of all 

service corporations, determined in a manner consistent with 12 CFR Part 559. 

Loans and obligations include all loans and other debt instruments, and all guarantees or take-out 

commitments of such loans or debt instruments. 

For purposes of this reporting only, the measurement of the investment in capital stock should be based 

on the cost method, and not the equity method. Under the cost method, your investment in capital stock 

will include amounts paid to acquire the stock, but will not include accumulated undistributed earnings 

and losses of the service corporations. As a result, your aggregate investment reported on this line will 

likely differ from the related amount obtained from your accounting records and from the amount reported 

on SC540.

EXTENSIONS OF CREDIT BY THE REPORTING ASSOCIATION (AND 

ITS CONTROLLED SUBSIDIARIES) TO ITS EXECUTIVE OFFICERS, 

PRINCIPAL SHAREHOLDERS, DIRECTORS, AND THEIR RELATED 

INTERESTS AS OF THE REPORT DATE

Federal Reserve Regulation O defines the terms used in this item. 

An extension of credit is a making or renewal of any loan, a granting of a line of credit, or an extension 

of credit in any manner whatsoever. Extensions of credit include, among others, loans, prearranged 
THRIFT FINANCIAL REPORT INSTRUCTION MANUAL JUNE 2011

SCHEDULE SI 1011

overdrafts, cash items, standby letters of credit, and securities purchased under agreements to resell. 

For lines of credit, the amount reported as an extension of credit is normally the total amount of the line of 

credit extended to the insider, not just the current balance of the funds that have been advanced to the 

insider under the line of credit. See 12 CFR § 215.3, Regulation O.

An executive officer of the reporting savings association is person who participates or has authority to 

participate, other than as a director, in major policy-making functions of the reporting savings association, 

an executive officer of the savings association’s holding company, and, unless excluded by the savings 

association’s board of directors or bylaws, any other subsidiary of that holding company. See 12 CFR § 

215.2(e), Regulation O.

A director of the reporting savings association is person who is a director of the savings association, 

whether or not receiving compensation, a director of the holding company of which the savings 

association is a subsidiary, and, unless excluded by the savings association’s board of directors or 

bylaws, a director of any other subsidiary of that holding company. See 12 CFR § 215.2(d), Regulation 

O.

A principal shareholder of the reporting savings association is an individual or a company other than an 

insured depository institution that directly or indirectly, or acting through or in concert with one or more 

persons, owns controls, or has the power to vote more than 10% of any class of voting stock of the 

reporting savings association. Regulation O considers shares owned or controlled by a member of an 

individual’s immediate family to be held by the individual. A principal shareholder includes a principal 

shareholder of a holding company of which the reporting savings association is a subsidiary and a 

principal shareholder of any other subsidiary of that holding company. See 12 CFR § 215.11(a)(1), 

Regulation O.

A related interest is either:

1. A company, other than an insured depository institution or a foreign bank that is controlled by an 

executive officer, director, or principal shareholder.

2. A political or campaign committee that is controlled by or the funds or services of which will 

benefit an executive officer, director, or principal shareholder. See 12 CFR § 215.11(a)(2), 

Regulation O.

SI590: AGGREGATE AMOUNT OF ALL EXTENSIONS OF CREDIT

Report the aggregate amount outstanding as of the report date of all extensions of credit by you and your 

controlled subsidiaries to all of your executive officers, principal shareholders, directors, and their related 

interests.

Include each extension of credit in the aggregate amount only one time, regardless of the number of 

borrowers.

SI595: NUMBER OF EXECUTIVE OFFICERS, PRINCIPAL 

SHAREHOLDERS, AND DIRECTORS TO WHOM THE AMOUNT 

OF ALL EXTENSIONS OF CREDIT (INCLUDING EXTENSIONS 

OF CREDIT TO RELATED INTERESTS) EQUALS OR EXCEEDS 

THE LESSER OF $500,000 OR FIVE PERCENT OF 

UNIMPAIRED CAPITAL AND UNIMPAIRED SURPLUS (CCR30 

+ CCR35 + CCR530 + CCR105)

Report the number of your executive officers, principal shareholders, and directors to whom the amount 

of all extensions of credit outstanding by you and your controlled subsidiaries as of the report date equals 

or exceeds the lesser of $500,000 or five percent of unimpaired capital and unimpaired surplus. That is, 
JUNE 2011 THRIFT FINANCIAL REPORT INSTRUCTION MANUAL

1012 SCHEDULE SI

five percent x (CCR30 + CCR35 + CCR530 + CCR105). Report the actual number; do not round to 

thousands.

For purposes of this item, the amount of all extensions of credit by you and your controlled subsidiaries to 

an executive officer, principal shareholder, or director includes all extensions of credit by you to the 

related interests of the executive officer, principal shareholder, or director. A single extension of credit to 

more than one borrower must be included in full for all extensions of credit for each executive officer, 

principal shareholder, and director included in the credit. That is, one loan may be included more than 

once in the calculation of the $500 thousand or 5% of unimpaired capital and unimpaired surplus limit, 

because it will be included for each executive officer, principal shareholder, and director listed on the 

loan. 

SUMMARY OF CHANGES IN SAVINGS ASSOCIATION 

EQUITY CAPITAL

SI600: SAVINGS ASSOCIATION EQUITY CAPITAL, BEGINNING 

BALANCE 

The EFS software automatically generates this amount from your prior quarter’s SC80. 

Special instructions for mergers and reorganizations:

 Purchase Mergers – Report SI680 for the previous quarter for the surviving savings association only.

 Change of Control involving pushdown accounting including receiverships – Report SI680 for the 

previous quarter. Adjustments should be reported on SI660.

SI610: NET INCOME (LOSS) ATTRIBUTABLE TO SAVINGS 

ASSOCIATION (SO91)

The EFS software automatically generates this amount from SO91. 

DIVIDENDS DECLARED:

SI620: Preferred Stock

Report the dollar amount of cash dividends declared during the period on preferred stock. These 

dividends are not charged to interest expense, but directly reduce retained earnings.

Include:

Dividends declared on preferred stock reported on SC812 and SC814. 

SI630: Common Stock

Report the dollar amount of cash dividends declared during the period for common stock reported on 

SC820. These dividends are not charged to interest expense, but directly reduce retained earnings. 

Include cash dividends made to holding companies as well as to individual shareholders.

Do not include:

1. Stock dividends. 

2. Stock splits.

3. Property dividends. Report as a negative amount on SI655.
THRIFT FINANCIAL REPORT INSTRUCTION MANUAL JUNE 2011

SCHEDULE SI 1013

SI640: STOCK ISSUED

Report the amount of cumulative and noncumulative perpetual preferred stock and common stock issued 

during the quarter.

Include:

1. Perpetual preferred stock, including discounts and premiums, issued by you during the quarter 

that qualifies as equity under GAAP.

2. The par value and paid-in-capital received in connection with the stock issue.

Do not include:

1. The conversion of preferred stock into common stock.

2. Gains on treasury stock sold. Report on SI671.

3. Capital contributed not connected with a stock issue. Report on SI655.

When applying push-down accounting, report the amount paid in a change of control for your stock. 

Report the previously recorded par value and capital in excess of par value on SI650.

SI650: STOCK RETIRED

Report the amount paid for common and perpetual preferred stock retired during the quarter. Report the 

amount as a positive number. 

When applying push-down accounting, report the previously recorded par value and capital paid in 

excess of par value of the stock acquired by the new owners. The amount paid for this stock is reported 

on SI640.

SI655: CAPITAL CONTRIBUTIONS (WHERE NO STOCK IS ISSUED)

Report increases during the quarter in SC830, Common Stock: Paid in Excess of Par, that came from 

stockholders but that did not result from the issuing of stock.

Include the fair value of employee stock options granted as compensation.

Also include as a negative amount property distributions to stockholders. Record the transfer of dividends 

other than cash at the fair value of the asset on the declaration date of the dividend. Recognize a gain or 

loss on the transferred asset in the same manner as if you disposed of the property in an outright sale at 

or near the declaration date. 

SI660: NEW BASIS ACCOUNTING ADJUSTMENTS

Include: 

1. Adjustments made during the period in applying push-down accounting in the change-of-control. 

2. Adjustments made in accounting for a savings association taken into receivership during the 

period.

SI662: OTHER COMPREHENSIVE INCOME

The EFS software automatically generates this amount as the change during the quarter in SC86, 

Accumulated Other Comprehensive Income: Total. 

Other comprehensive income includes the change in:

1. Accumulated unrealized fair value gains and losses on available-for-sale securities, net of taxes.
JUNE 2011 THRIFT FINANCIAL REPORT INSTRUCTION MANUAL

1014 SCHEDULE SI

2. Accumulated fair value gains and losses on cash flow hedges, net of taxes.

3. Any minimum pension liability adjustment.

4. Cumulative foreign currency translation adjustments and qualifying foreign currency transaction 

gains and losses, net of taxes.

SI668: PRIOR PERIOD ADJUSTMENTS

Prior period adjustments for purposes of the TFR include: 

1. Changes to a beginning balance of equity capital pursuant to transition requirements under newly 

adopted accounting pronouncements.

2. Corrections to an income statement for a quarter from a prior calendar year where the TFR for 

that quarter can no longer be amended. 

3. Cumulative effects of a change in accounting principle.

Also refer to item number 6 in the General Instructions for the TFR.

Do not include:

1. Audit adjustments and prior period adjustments within the current calendar year. Correct these 

through an amended report within 140 days of the report date or report them currently in 

Schedule SO. 

2. Corrections of accruals. Report these in the current period in the same data field in Schedule SO 

that they would have been reported had the accruals been made when incurred. 

SI671: OTHER ADJUSTMENTS 

Report other adjustments to equity capital that cannot be included elsewhere in SI610 through SI668.

Include:

1. Issuance costs of common stock offerings. 

2. The change in SC891, Other Components of Equity Capital. 

Do not include:

1. Property distributions to stockholders; report as a negative amount on SI655. 

2. Prior period adjustments to prior calendar years; report on SI668. 

3. Additional contributions of paid-in capital; report on SI655.

4. Adjustments within the current calendar year. Correct these through an amended report within 

135 days of the report date, or report them currently in Schedule SO. 

5. Corrections of accruals. Report these in the current period in the same data field in Schedule SO 

that they would have been reported had the accruals been made when incurred. 

SI680: TOTAL SAVINGS ASSOCIATION EQUITY CAPITAL, ENDING 

BALANCE (SC80)

The EFS software automatically calculates this as the sum of SI600, SI610, SI640, SI655, SI660, SI662, 

SI668, and SI671 less SI620, SI630, and SI650. SI680 must equal SC80, Total Savings Association 

Equity Capital, on the current TFR. 
THRIFT FINANCIAL REPORT INSTRUCTION MANUAL JUNE 2011

SCHEDULE SI 1015

TRANSACTIONS WITH AFFILIATES:

The following two line items parallel 12 CFR 563.41, Transactions with Affiliates. Section 563.41(c)(3) 

requires each association to maintain records that reflect all transactions between a savings association 

and its affiliates. 

Section 563.41 implements the affiliate transactions regulation found in Sections 23A and 23B of the 

Federal Reserve Act, as codified in 12 CFR Part 223 (Regulation W). Sections 23A and 23B of the 

Federal Reserve Act are made applicable to savings associations by Section 11(a)(1) of the Home 

Owners’ Loan Act. You should include transactions subject to the quantitative limits of Section 23A in 

SI750. Include all other covered affiliate transactions in SI760, including transactions subject only to 

Section 23B. 

Affiliate and covered transaction are defined in Regulation W, as modified as appropriate for savings 

associations in Section 563.41. Generally, an affiliate is defined as: 

1. Your parent company. 

2. Any company controlled by your parent company that is not a subsidiary of yours (except a bank 

or thrift subsidiary of yours). 

3. Any company that you or another affiliate sponsors or advises. 

4. Any company which shares a majority of the same directors with you or your parent company. 

Information in this section is not made public on an individual institution basis, but is available in the OTS 

aggregates.

SI750: ACTIVITY DURING THE QUARTER OF COVERED 

TRANSACTIONS WITH AFFILIATES SUBJECT TO 

QUANTITATIVE LIMITS 

Report all covered affiliate transactions subject to quantitative limits. Generally, these include:

 All purchases of assets by you from affiliates. This includes all commitments outstanding at the 

end of the quarter to purchase assets entered into with affiliates that will close in your name. 

Report such commitments on a gross basis. Do not net commitments to sell against 

commitments to purchase, even if the commitments are for the same or similar items and even if 

you will disburse or receive no cash.

 All extensions of credit to affiliates. This includes, but is not limited to, loans and receivables 

whether or not supported by a loan document or contract; purchasing a note or other obligation of 

an affiliate, as well as loan guarantees or letters of credit on behalf of an affiliate. Acceptance of a 

security issued by an affiliate as collateral for an extension of credit to any third party. 

Include all transactions that occurred during the quarter, regardless of whether you have paid affiliates 

during the quarter or owe the amount as of the end of the quarter. 

SI760: ACTIVITY DURING THE QUARTER OF OTHER COVERED 

TRANSACTIONS WITH AFFILIATES NOT SUBJECT TO 

QUANTITATIVE LIMITS

Report all other affiliate transactions that are not included in SI750. Generally, these include: 

 The sale of securities or other assets from you to an affiliate, including assets subject to a 

repurchase agreement. 

 Your payment of funds to, or furnishing of services to, an affiliate, including such tasks as 

collection of debt payments, data processing, maintenance, office supplies or payroll.
JUNE 2011 THRIFT FINANCIAL REPORT INSTRUCTION MANUAL

1016 SCHEDULE SI

 Any transaction in which an affiliate receives an agency or broker’s fee from you for its services 

on behalf of you or a third party. 

Include all transactions that occurred during the quarter, regardless of whether you have paid affiliates 

during the quarter or owe the amount as of the end of the quarter. 

CAPTIVE INSURANCE AND REINSURANCE SUBSIDIARIES

SI762: TOTAL ASSETS OF CAPTIVE INSURANCE 

SUBSIDIARIES

Report the carrying amount of assets held by captive insurance subsidiaries of the reporting 

savings association. A captive insurance company is a limited purpose insurer licensed as a 

direct writer of insurance. Some common lines of business include credit, life, accident, health, 

disability insurance, and employee benefits coverage. Report total assets before eliminating 

intercompany transactions between the consolidated insurance subsidiary and other offices or 

subsidiaries of the consolidated savings association. 

SI763: TOTAL ASSETS OF CAPTIVE REINSURANCE 

SUBSIDIARIES

Report the carrying amount of all assets held by captive insurance subsidiaries of the reporting savings 

association. Reinsurance is the transfer, with indemnification, of all or part of the underwriting risk from 

one insurer to another for a portion of the premium or other consideration. For further information, see 

Call Report Glossary entry for “reinsurance.”

Some common lines of business include credit life, accident, and health reinsurance; disability 

reinsurance; reinsurance of employee benefits coverage; private mortgage guaranty reinsurance; and 

terrorism risk reinsurance. Report total assets before eliminating intercompany transactions between the 

consolidated reinsurance subsidiary and other offices or subsidiaries of the consolidated savings 

association. 

ASSETS COVERED BY FDIC LOSS-SHARING AGREEMENTS:

Under a loss-sharing agreement, the FDIC agrees to absorb a portion of the losses on a specified pool of 

a failed insured depository institution’s assets in order to maximize asset recoveries and minimize the 

FDIC’s losses. In general, for transactions that occurred before April 2010, the FDIC reimburses 80 

percent of losses incurred by an acquiring institution on covered assets over a specified period of time up 

to a stated threshold amount, with the acquirer absorbing 20 percent of the losses on these assets. Any 

losses above the stated threshold amount will be reimbursed by the FDIC at 95 percent of the losses 

recognized by the acquirer. For more recent transactions, the FDIC generally reimburses 80 percent of 

the losses incurred by the acquirer on covered assets, with the acquiring institution absorbing 20 percent. 

Report in the appropriate line items below the Schedule SC – Consolidated Statement of Condition 

carrying amount as of the report date of all assets acquired from failed insured depository institutions or 

otherwise purchased from the FDIC that are covered by loss-sharing agreements with the FDIC. These 

asset amounts should also be included in the balance sheet category appropriate to the asset on 

Schedule SC.

Do not report the “book value” of the covered assets on the failed institution’s books, which may be the 

amount upon which payments from the FDIC to the reporting bank are to be based in accordance with the 

loss-sharing agreement. 
THRIFT FINANCIAL REPORT INSTRUCTION MANUAL JUNE 2011

SCHEDULE SI 1017

ASSETS COVERED BY FDIC LOSS-SHARING AGREEMENTS:

SI770: LOANS AND LEASES (INCLUDED IN SCHEDULE SC)

Report the carrying amount of loans and leases held for sale and the recorded investment in loans held 

for investment (included in SC230-SC265; SC32; and, SC310-SC330) acquired from the failed insured 

depository institutions or otherwise purchased from the FDIC that are covered by loss-sharing 

agreements with the FDIC.

LOANS SECURED BY REAL ESTATE:

CONSTRUCTION, LAND DEVELOPMENT, AND OTHER 

LAND LOANS:

SI764: 1-4 FAMILY RESIDENTIAL CONSTRUCTION LOANS

Report the amount of 1-4 family residential construction loans included in Schedule SC230 acquired from 

failed insured depository institutions or otherwise purchased from the FDIC that are covered by losssharing agreements with the FDIC. 

SI765: OTHER CONSTRUCTION LOANS AND ALL LAND 

DEVELOPMENT AND OTHER LAND LOANS

Report the amount of other construction loans and all land development and other land loans included in 

Schedule SC acquired from failed insured depository institutions or otherwise purchased from the FDIC 

that are covered by loss-sharing agreements with the FDIC. 

SI766: SECURED BY FARMLAND 

Report the amount of loans secured by farmland (as defined in the Call Report Glossary) included in 

Schedule SC acquired from failed insured depository institutions or otherwise purchased from the FDIC 

that are covered by loss-sharing agreements with the FDIC. 

SECURED BY 1-4 FAMILY RESIDENTIAL PROPERTIES: 

SI767: REVOLVING, OPEN-END LOANS SECURED BY 1-4 FAMILY 

RESIDENTIAL PROPERTIES AND EXTENDED UNDER LINES 

OF CREDIT 

Report the amount of revolving, open-end loans secured by 1-4 family residential properties and 

extended under lines of credit included in Schedule SC251 acquired from failed insured depository 

institutions or otherwise purchased from the FDIC that are covered by loss-sharing agreements with the 

FDIC. 
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1018 SCHEDULE SI

CLOSED-END LOANS SECURED BY 1-4 FAMILY RESIDENTIAL 

PROPERTIES: 

SI768: SECURED BY FIRST LIENS 

Report the amount of revolving, closed-end loans secured by first liens on 1-4 family residential 

properties included in Schedule SC254 acquired from failed insured depository institutions or otherwise 

purchased from the FDIC that are covered by loss-sharing agreements with the FDIC. 

SI769: SECURED BY JUNIOR LIENS 

Report the amount of closed-end loans secured by junior liens on 1-4 family residential properties 

included in Schedule SC255 acquired from failed insured depository institutions or otherwise purchased 

from the FDIC that are covered by loss-sharing agreements with the FDIC. 

SI771: SECURED BY MULTIFAMILY (5 OR MORE) RESIDENTIAL 

PROPERTIES

Report the amount of loans secured by multifamily (5 or more) residential included in Schedule SC256 

acquired from failed insured depository institutions or otherwise purchased from the FDIC that are 

covered by loss-sharing agreements with the FDIC. 

SECURED BY NONFARM NONRESIDENTIAL PROPERTIES: 

SI775: LOANS SECURED BY OWNER-OCCUPIED NONFARM 

NONRESIDENTIAL PROPERTIES

Report the amount of loans secured by owner-occupied nonfarm nonresidential properties included in 

Schedule SC260 acquired from failed insured depository institutions or otherwise purchased from the 

FDIC that are covered by loss-sharing agreements with the FDIC. 

SI777: LOANS SECURED BY OTHER NONFARM NONRESIDENTIAL 

PROPERTIES

Report the amount of loans secured by other nonfarm nonresidential properties included in Schedule SC 

acquired from failed insured depository institutions or otherwise purchased from the FDIC that are 

covered by loss-sharing agreements with the FDIC. 

SI779: COMMERCIAL AND INDUSTRIAL LOANS 

Report the amount of commercial and industrial loans included in Schedule SC items SC300 – SC306 

acquired from failed insured depository institutions or otherwise purchased from the FDIC that are 

covered by loss-sharing agreements with the FDIC. “Commercial And Industrial Loans” are defined in the 

Call Report Glossary.
THRIFT FINANCIAL REPORT INSTRUCTION MANUAL JUNE 2011

SCHEDULE SI 1019

LOANS TO INDIVIDUALS FOR HOUSEHOLD, FAMILY, AND OTHER 

PERSONAL EXPENDITURES: 

SI780: CREDIT CARDS 

Report the amount of extensions of credit arising from credit cards included in SC328 acquired from failed 

insured depository institutions or otherwise purchased from the FDIC that are covered by loss-sharing 

agreements with the FDIC. 

SI781: AUTOMOBILE LOANS 

Report the amount of automobile loans included in SC323 acquired from failed insured depository 

institutions or otherwise purchased from the FDIC that are covered by loss-sharing agreements with the 

FDIC. 

SI782: OTHER CONSUMER LOANS (INCLUDES SINGLE PAYMENT, 

INSTALLMENT, ALL STUDENT LOANS, AND REVOLVING 

CREDIT CARD PLANS OTHER THAN CREDIT CARDS) 

Report the amount of extensions of credit arising from other revolving credit plans and other consumer 

loans included in Schedule SC acquired from failed insured depository institutions or otherwise purchased 

from the FDIC that are covered by loss-sharing agreements with the FDIC. 

SI783: ALL OTHER LOANS AND LEASES 

Report the amount of loans that cannot be properly reported in items SI764 – SI782, above acquired from 

failed insured depository institutions or otherwise purchased from the FDIC that are covered by losssharing agreements with the FDIC. Include in these items covered loans in the following categories:

(1) Loans to depository institutions and acceptances of other banks included in Schedule SC;

(2) Loans to foreign governments and official institutions included in Schedule SC; 

(3) Other loans (loans to finance agricultural production and other loans to farmers,” obligations (other 

than securities and loans) of states and political subdivisions in the U.S., “ and “Loans to 

nondepository institutions and other loans.”);and, 

(4) Lease financing receivables included in Schedule SC acquired from failed depository institutions or 

otherwise purchased from the FDIC that are covered by loss-sharing agreements with the FDIC. 

Report in items SI784 through SI787, each category of loans and leases within “All other loans and 

leases’ covered by loss-sharing agreements with the FDIC, and the dollar amount of covered assets in 

such category that exceeds 10 percent of total loans and leases covered by loss-sharing agreements with 

the FDIC (i.e.10 percent of the sum of items SI764 through SI783). Preprinted line items have been 

provided in items SI784 – SI787 for reporting the amount of covered loans and leases for the following 

loan and lease categories if the amount for a loan or lease category exceeds the 10 percent reporting 

threshold: Loans to depository institutions and acceptances of other banks (SI784), Loans to foreign 

governments and official institutions (SI785), Other loans (i.e. Obligations (other than securities and 

leases) of states and political subdivisions in the U.S., Loans to nondepository financial institutions and 

other loans, and Loans to finance agricultural production and other loans to farmers) (SI786), and Lease 

financing receivables (SI787). 
JUNE 2011 THRIFT FINANCIAL REPORT INSTRUCTION MANUAL

1020 SCHEDULE SI

SI772: REAL ESTATE OWNED (included in Schedule SC):

Report the carrying amount of real estate owned (included in SC40) acquired from failed insured

depository institutions or otherwise purchased from the FDIC that are covered by loss-sharing 

agreements with the FDIC.

SI789: CONSTRUCTION, LAND DEVELOPMENT, AND OTHER LAND

Report the carrying amount of real estate owned included in SC405 and SC428 acquired from failed 

insured depository institutions or otherwise purchased from the FDIC that are covered by loss-sharing 

agreements with the FDIC.

SI790: FARMLAND

Report the carrying amount of real estate owned in Schedule SC40 for farmland acquired from failed 

insured depository institutions or otherwise purchased from the FDIC that are covered by loss-sharing 

agreements with the FDIC.

SI791: 1-4 FAMILY RESIDENTIAL PROPERTIES

Report the carrying amount of real estate owned included in Schedule SC415 for 1-4 family residential 

properties acquired from failed insured depository institutions or otherwise purchased from the FDIC that 

are covered by loss-sharing agreements with the FDIC.

SI792: MULTIFAMILY (5 OR MORE) RESIDENTIAL PROPERTIES

Report the carrying amount of real estate owned included in Schedule SC425 for multifamily (5 or more) 

family residential properties acquired from failed insured depository institutions or otherwise purchased 

from the FDIC that are covered by loss-sharing agreements with the FDIC.

SI793: NONFARM NONRESIDENTIAL PROPERTIES

Report the carrying amount of real estate owned included in Schedule SC426 for nonfarm nonresidential 

properties acquired from failed insured depository institutions or otherwise purchased from the FDIC that 

are covered by loss-sharing agreements with the FDIC.

SI795: PORTION OF COVERED OTHER REAL ESTATE OWNED 

INCLUDED IN ITEMS SI789 – SI793 ABOVE THAT IS 

PROTECTED BY FDIC LOSS-SHARING AGREEMENTS 

Report the maximum amount recoverable from the FDIC under loss-sharing agreements covering the real 

estate owned reported in items SI789 – SI793, beyond the amount that has already been reflected in the 

measurement of the reporting savings association’s indemnification asset, which represents the right to 

receive payments from the FDIC under the loss-sharing agreement.

In general, the maximum amount recoverable from the FDIC on covered other real estate owned is the 

carrying amount of the other real estate, as reported in the preceding Schedule SI items, multiplied by the 

current applicable loss coverage rate (e.g., 80 percent or 95 percent). This product will normally be the 

maximum amount recoverable because reimbursements from the FDIC for covered losses related to the 

amount by which the “book value” of a covered asset on the failed institution’s books (which is the amount 

upon which the payments under FDIC loss-sharing agreement are based) exceeds the amount at which 

the reporting savings association reports the covered asset on Schedule SC – Consolidated Statement of 

Condition should already have been taken into account in measuring the carrying amount of the reporting 

savings association’s loss-sharing indemnification asset, which is reported in Schedule SC. 
THRIFT FINANCIAL REPORT INSTRUCTION MANUAL JUNE 2011

SCHEDULE SI 1021

SI774: DEBT SECURITIES (INCLUDED IN SCHEDULE SC)

Report the amortized cost of held-to-maturity debt securities and the fair value of available-for-sale debt 

securities (included in SC11 and SC22) acquired from failed insured depository institutions or otherwise 

purchased from the FDIC and covered by loss-sharing agreements with the FDIC.

SI776: OTHER ASSETS (EXCLUDES FDIC LOSS-SHARING 

INDEMNIFICATION ASSETS)

Report the carrying amount of all assets that cannot properly be reported on SI770, SI772, and SI774, 

and have been acquired from failed insured depository institutions or otherwise purchased from the FDIC 

and are covered by loss-sharing agreements with the FDIC.

Exclude FDIC loss-sharing indemnification assets. These indemnification assets represent the carrying 

amount of the right to receive payments from the FDIC for losses incurred on specified assets acquired 

from failed depository institutions or otherwise purchased from the FDIC that are covered by loss-sharing 

agreements with the FDIC. Report FDIC loss-sharing indemnification assets in SC689, “Other Assets”. 

MUTUAL FUND AND ANNUITY SALES:

SI815: TOTAL ASSETS YOU MANAGE OF PROPRIETARY MUTUAL 

FUNDS AND ANNUITIES

Report the total of net assets held by mutual funds and annuities as of the report date for which you, your 

subsidiaries, your affiliates, or parent company acts as investment adviser.

AVERAGE BALANCE SHEET DATA (BASED ON MONTH-END DATA)

Report average balance sheet data for the quarter. At a minimum, compute these data based on 

balances at month-end. However, you may compute these data based on other than month-end 

balances, such as daily or weekly balances. All balances should be as reported in Schedule SC. For 

example, the balance of loans should reflect premiums, discounts, deferred loan fees, allowances for 

credit losses, etc. Each month's average should be computed using the prior month's ending balance 

plus the current month's ending balance divided by two. For example, the balance at December 31 is 

considered to be the beginning balance at January 1. The average for the three months in the quarter 

should then be summed and divided by three. 

In the case of a business combination accounted for using the purchase method of accounting or 

acquisition by a holding company where you used pushdown accounting, you should include amounts for 

the acquired entity from the date of its acquisition through the end of the quarter. 
JUNE 2011 THRIFT FINANCIAL REPORT INSTRUCTION MANUAL

1022 SCHEDULE SI

Example of Averaging:

Balances

Month Beginning Ending Average

December N/A 1,500 N/A

January 1,500 1,575 1,538

February 1,575 1,550 1,563

March 1,550 1,695 1,623

Sum 4,724

Quarter Average Balance = $4,724 / 3 = $ 1,575

If you consummated a merger on February 20, the calculation would be as follows: 

Beginning Ending Average Adjustment

Adjusted 

Average

December N/A 1,500 N/A N/A

January 1,500 1,575 1,538 1,538

February pre-merger 1,575 1,550 1,563 x 19 days = 29,698

February post-merger 3,200 3,280 3,240 x 9 days = 29,160

(29,698+ 29,160)/28 2,102

March 3,280 3,965 3,623 3,623

Sum 7,263

Quarter Average Balance = $7,263 / 3 = $2,421

SI870: TOTAL ASSETS

Report your average assets for the quarter based on the calculation explained above using total assets 

reported on SC60. 

SI875: DEPOSITS AND INVESTMENTS EXCLUDING NON-INTERESTEARNING ITEMS

Report your average deposits and investments for the quarter based on the calculation explained above 

using interest-earning deposits and investments reported on SC112 through SC185. Do not include 

mortgage loans and mortgage-backed securities included in SI880.

If you invest in adjustable rate products on which the interest rate has been reduced to zero as a result of 

market conditions, you should continue to report such investments in these averages.
THRIFT FINANCIAL REPORT INSTRUCTION MANUAL JUNE 2011

SCHEDULE SI 1023

SI880: MORTGAGE LOANS AND MORTGAGE-BACKED SECURITIES

Report your average mortgage loans and mortgage-backed securities for the quarter based on the 

calculation explained above using mortgage loans and mortgage-backed securities reported on SC210 

through SC222 and SC230 through SC265.

SI885: NONMORTGAGE LOANS

Report your average nonmortgage loans for the quarter based on the calculation explained above using 

nonmortgage loans reported on SC300 through SC330.

SI890: DEPOSITS AND ESCROWS

Report your average interest-earning deposits and escrows for the quarter based on the calculation 

explained above using interest-earning deposits included in SC710 and SC712. If you offer deposit 

products on which you periodically adjust the interest rate, and the interest rate has been reduced to zero 

as a result of market conditions, you should continue to report such deposits as interest-bearing accounts 

in these averages. 

SI895: TOTAL BORROWINGS

Report your average interest-bearing borrowings for the quarter based on the calculation explained 

above using interest-bearing borrowings reported on SC720 through SC760.

BROKERAGE ACTIVITES:

SI901: DOES YOUR INSTITUTION, WITHOUT TRUST POWERS, ACT 

AS TRUSTEE OR CUSTODIAN FOR INDIVIDUAL RETIREMENT 

ACCOUNTS, HEALTH SAVINGS ACCOUNTS, AND OTHER 

SIMILAR ACCOUNTS THAT ARE INVESTED IN NON-DEPOSIT 

PRODUCTS?

Indicate whether the institution acts as trustee or custodian for Individual Retirement Accounts (IRAs), 

Health Savings Accounts (HSAs), or other similar accounts. To answer “Yes” on this line, the institution 

must be acting as trustee or custodian for accounts that are invested, to some extent, in non-deposit 

products (e.g. stocks, bonds, variable annuities, mutual funds) but those same accounts may also be 

invested in deposit products. Note that this line item is related to that of DI200 which asks the amount of 

IRA and Keogh accounts invested in deposit products. 

Other similar accounts include Roth IRAs, Coverdell Education Savings Accounts, and Archer Medical 

Savings Accounts. Federal savings associations are permitted, under certain circumstances, to act as 

trustee or custodian for these types of accounts without obtaining trust powers. Place an “X” in the box 

marked “Yes” if the reporting institution acts as trustee or custodian for these types of accounts, 

regardless of whether it has trust powers, as long as the accounts are invested, to some extent, in nondeposit products. Otherwise, place an “X” in the box marked “No.”
JUNE 2011 THRIFT FINANCIAL REPORT INSTRUCTION MANUAL

1024 SCHEDULE SI

SI905: DOES YOUR INSTITUTION PROVIDE CUSTODY, 

SAFEKEEPING OR OTHER SERVICES INVOLVING THE 

ACCEPTANCE OF ORDERS FOR THE SALE OR PURCHASE 

OF SECURITIES?

Indicate whether the institution takes orders from customers for the sale or purchase of securities (e.g. 

stocks, bonds, mutual funds, variable annuities), in custody, escrow, safekeeping, and other similar types 

of accounts. In some institutions this activity takes places in a trust department but federal savings 

associations are permitted to conduct this activity without obtaining trust powers. The account holders 

may be employee benefit plans, Individual Retirement Accounts, foundations, or other types of 

customers. Place an “X” in the box marked “Yes” if the reporting institution takes orders from customers 

for the sale or purchase of securities. Otherwise, place an “X” in the box marked “No.”

SI911: DOES YOUR INSTITUTION ENGAGE IN THIRD PARTY 

BROKER ARRANGEMENTS, COMMONLY REFERRED TO AS 

―NETWORKING‖, TO SELL SECURITIES PRODUCTS OR 

SERVICES TO THRIFT CUSTOMERS?

Indicate whether the institution has entered into a contract with a broker-dealer or registered investment 

adviser to provide non-deposit products (e.g. stocks, bonds, mutual funds) or services (investment 

advisory or financial planning) to its customers. The broker-dealer or registered investment adviser may 

or may not be an affiliate of the institution. Institutions that have entered into a contract with an insurance 

company to only provide insurance products (e.g. life insurance, fixed annuities, property & casualty 

insurance) to its customers should place an “X” in the box marked “No”. Place an “X” in the box marked 

“Yes” if the reporting institution has entered into a contract with a broker-dealer or registered investment 

adviser to provide non-deposit products or services to its customers. Otherwise, place an “X” in the box 

marked “No.”

SI915: DOES YOUR INSTITUTION SWEEP DEPOSIT FUNDS INTO 

ANY OPEN-END INVESTMENT MANAGEMENT COMPANY 

REGISTERED UNDER THE INVESTMENT COMPANY ACT OF 

1940 THAT HOLDS ITSELF OUT AS A MONEY MARKET 

FUND?

Indicate whether the institution offers a “sweep” program to its customers whereby the customer’s deposit 

funds are invested or reinvested into money market mutual funds on a regular basis such as daily, 

weekly, etc. Place an “X” in the box marked “Yes” if the reporting institution offers a sweep program to its 

customers that invests or reinvests on a regular basis deposit funds into a money market mutual fund. 

Otherwise, place an “X” in the box marked “No.” 
THRIFT FINANCIAL REPORT INSTRUCTION MANUAL JUNE 2011

SCHEDULE DI 907

DI220: Preferred Deposits

Report all deposits and escrows from states and political subdivisions in the U.S. included in SC710, 

Deposits, secured or collateralized as required under state law, pursuant to Section 141 of FDICIA. 

Do not include:

1. Deposits of the U.S. Government secured or collateralized as required under federal law.

2. Deposits of trust funds secured or collateralized as required under state law unless the 

beneficiary is a state or political subdivision in the U.S.

State law may require you to pledge securities or other readily marketable assets to cover the uninsured 

portion of the deposits of a state or political subdivision. If you pledge securities with a value that 

exceeds the amount of the uninsured portion of the state or political subdivision’s deposits, report only the 

uninsured amount and none of the insured portion of the deposits as a preferred deposit. 

For example, you hold a political subdivision’s $350,000 in deposits. Under state law, you must pledge 

securities to cover only the uninsured portion of such deposits, or $100,000. Although you have pledged

securities with a value of $300,000 to secure these deposits, consider only $100,000 of the political 

subdivision’s $350,000 in deposits – the uninsured amount – as preferred deposits.

In other states, you must participate in a state public deposits program to receive deposits from the state 

or from political subdivisions within the state in amounts exceeding federal deposit insurance. Under 

state law, you calculate annually the value of the securities you must pledge to the state, but this 

represents only a percentage of the uninsured portion of your public deposits. State law may require you 

to participate in the state program that may ultimately require you to share in any loss to public depositors 

incurred in the failure of another participating institution. 

As long as the value of the securities pledged to the state exceeds the calculated requirement, you 

protect all of your uninsured public deposits from loss under the operation of the state program if you fail. 

Therefore, consider all of the uninsured public deposits preferred deposits. 

For example, you are participating in a state public deposits program with $1,000,000 in public deposits 

under the program and $700,000 of this amount is uninsured; you pledge securities with an actual value 

of $800,000. You should report the $700,000 in uninsured public deposits as preferred deposits.

DI230: RECIPROCAL BROKERED DEPOSITS

Report the total amount of reciprocal deposits included in “Total Broker-Originated Deposits” from Lines 

DI100, DI102, and DI110 above. Report the data on an unconsolidated single FDIC certificate number 

basis pursuant to the first paragraph under GENERAL INSTRUCTIONS in the DEPOSIT DATA FOR 

DEPOSIT INSURANCE PREMIUM ASSESSMENTS section. 

As defined in Section 327.8(s) of the FDIC’s regulations, “reciprocal deposits” are “[d]eposits that 

an insured depository institution receives through a deposit placement network on a reciprocal 

basis, such that; (1) for any deposit received, the institution (as agent for depositors) places the same 

amount with other insured depository institutions through the network; and (2) each member of the 

network sets the interest rate to be paid on the entire amount of funds it places with other network 

members.”

COMPONENTS OF DEPOSITS AND ESCROWS:

The sum of DI310, DI320, DI330, and DI340 must equal SC710 plus SC712. 

DI310: Transaction Accounts (Including Demand Deposits)

Report the balance of all transaction accounts included in SC710, Deposits, and SC712, Escrows. 
MARCH 2011 THRIFT FINANCIAL REPORT INSTRUCTION MANUAL

908 SCHEDULE DI 

Transaction accounts are those deposit and escrow accounts from which the depositor is permitted to 

make:

 Transfers or withdrawals by negotiable or transferable instruments. 

 Payment orders of withdrawal, telephone transfers, or other similar devices for purpose of making 

payments or transfers to third persons or others.

 Third party payments at an automated teller machine (ATM), a remote service unit (RSU), or 

other electronic device, including by debit card.

Transaction accounts include demand deposits, NOW (negotiable order of withdrawal) accounts, ATS 

(automatic transfer service) accounts, and telephone and preauthorized transfer accounts. These 

accounts may be interest-bearing or non-interest-bearing.

Exclude money market deposit accounts (MMDAs) and other savings deposits as defined below in DI320 

and DI330, even though such deposits permit some third-party transfers. However, report as a 

transaction account an account that otherwise meets the definition of a savings deposit but that 

authorizes or permits the depositor to exceed the transfer limitations specified for that account.

DI310 plus DI320 plus DI330 plus DI340 must equal SC710 plus SC712.

DI320: Money Market Deposit Accounts

Report the balance of money market deposit accounts (MMDAs) as defined in 12 CFR §561.28 or 

applicable state law. 

MMDAs generally have the following requirements:

 The savings association reserves the right to require at least seven days’ notice prior to 

withdrawal or transfer of funds in the account.

 The depositor may make no more than six transfers per calendar month or statement cycle, 

provided that no more than three of the six transfers may be by check, draft, debit card, or similar 

order.

Refer to 12 CFR §561.28 for more detailed requirements of MMDAs.

DI330: Passbook Accounts (Including Nondemand Escrows)

Report the balance of nontransactional savings accounts that are not MMDAs or time deposits. 

DI340: Time Deposits

Report the balance of time deposits. Time deposits are nontransactional savings deposits payable at a 

specified future date with earnings at a specified rate of interest. The interest specified may adjust 

periodically according to a predetermined formula or index or may be fixed for the term of the deposit. 

The specified maturity date must be not less than seven days after the date of the deposit. Time deposits 

may be an open savings deposit or may be evidenced by a negotiable or nonnegotiable instrument or 

receipt commonly known as a certificate of deposit (CD). Open time deposits include club accounts, such 

as Christmas club and vacation club accounts, are made under written contracts that provide that no 

withdrawal may be made until the customer makes a certain number of periodic deposits or a certain 

period of time has elapsed. 

Time deposits issued to deposit brokers in the form of large ($100,000 or more) certificates of deposit that 

have been participated out by the broker in shares of less than $100,000 should also be reported as 

deposits of $100,000 or less.

Data reported in lines DI350, DI352, and DI360 are used by the Federal Reserve to 

ensure accurate construction of the monetary aggregates for monetary policy 

purposes.
THRIFT FINANCIAL REPORT INSTRUCTION MANUAL MARCH 2011

SCHEDULE DI 909

DI350: Time Deposits of $100,000 through $250,000 (Excluding 

Brokered Time Deposits Participated Out by the Broker in 

Shares of Less Than $100,000 and Brokered Certificates of 

Deposit Issued In $1,000 Amounts Under a Master Certificate 

of Deposit)

Report the balance of time deposits of $100,000 through $250,000. Do not include brokered time 

deposits participated out by the broker in shares of less than $100,000 and brokered certificates of 

deposit issued in $1,000 amounts under a master certificate of deposit. Include IRA/Keogh accounts 

reported on DI360 that are defined as time deposits of $100,000 through $250,000. 

DI352: TIME DEPOSITS GREATER THAN $250,000

Report the balance of time deposits greater than $250,000. Include IRA/Keogh accounts reported in 

DI360 that are greater than $250,000. 

DI360: IRA/Keogh Accounts of $100,000 or Greater Included in Time 

Deposits

Report the balance of IRA / Keogh accounts of $100,000 or greater included in time deposits.

AVERAGE DAILY DEPOSITS TOTALS:

DI544: FULLY INSURED BROKERED TIME DEPOSITS:

Report the average daily deposits totals for fully insured brokered time deposits. 

DI545: OTHER BROKERED TIME DEPOSITS:

Report the average daily deposits totals for other brokered time deposits. 

DI610: NON-INTEREST-BEARING DEMAND DEPOSITS

Report all demand deposits reported on SC710, Deposits, and SC712, Escrows. FDIC Regulations 12 

CFR § 329.1, 329.101, and 329.102 define the demand deposits to report on this line.

A demand deposit is a non-interest-bearing deposit with the following characteristics:

1. Is payable immediately on demand.

2. Is issued with an original maturity or required notice period of less than seven days.

3. Where the depository institution does not reserve the right to require at least seven days’ written 

notice of an intended withdrawal.

Demand deposits include:

1. Matured time deposits that do not have automatic renewal provisions, unless the deposit 

agreement provides for the transfer of funds at maturity to another type of account.

2. Escrow accounts reported on SC712 that meet the definition of demand deposits.

3. Outstanding checks drawn against zero-balance accounts reported on SC710, including those at 

Federal Home Loan Banks. 

Demand deposits do not include:

1. Money market deposit accounts, MMDAs.
JUNE 2011 THRIFT FINANCIAL REPORT INSTRUCTION MANUAL

910 SCHEDULE DI 

2. NOW accounts not meeting the three criteria listed above for demand deposits. 

3. Deposits held either in branches outside of the territories and possessions of the U.S. or by an 

Edge or Agreement Subsidiary or by an International Banking Facility (IBF).

4. Amounts not included in SC710 or SC712, such as outstanding checks drawn against Federal 

Home Loan Banks.

DEPOSIT AND OTHER DATA FOR INSURANCE PREMIUM 

ASSESSMENTS

GENERAL INSTRUCTIONS 

Each savings association must complete lines DI510, DI520, DI521, DI522, DI523, DI524, DI526, DI645, 

DI646, DI647, DI648, DI655, DI656, DI657, DI658, DI230, DI659, DI661, DI662, DI663, DI664, DI665, 

DI120, DI150, DI130, DI160, DI170, DI180, DI175, DI185, DI580, and DI585 and, if applicable, DI210 and 

DI586, DI587, and DI588 each quarter. Each “large institution” which generally are institutions with $10 

billion or more in total assets, must complete Schedule VA, Lines VA960, VA965, VA970, and VA975, 

DIDI589, DI590, DI591, DI592, DI593, DI594, DI595, DI596, DI597, DI598, DI599, DI600, DI601, and 

DI602 each quarter. The terms “large institution” are more fully described in the General Instructions 

preceding DI589. 

Schedule DI should be completed on an “unconsolidated single FDIC certificate number basis.” Each 

separately chartered depository institution that is insured by the FDIC has a unique FDIC certificate 

number. When one FDIC-insured institution owns another FDIC-insured institution as a subsidiary, it 

should complete Schedule DI by accounting for this subsidiary under the equity method of accounting 

instead of consolidating it. Thus, each FDIC-insured institution should report only its own amounts in 

Schedule DI under its own FDIC certificate number without eliminating the parent and subsidiary 

institutions’ intercompany balances. In contrast, when an FDIC-insured institution has entities other than 

FDIC-insured institutions that must be consolidated for purposed of Schedule SC- Consolidated 

Statement of Condition, the institution should complete Schedule DI on a consolidated basis with respect 

to these entities. 

DI510: TOTAL DEPOSIT LIABILITIES BEFORE EXCLUSIONS 

(GROSS) AS DEFINED IN SECTION 3(L) OF THE FEDERAL 

DEPOSIT INSURANCE ACT AND FDIC REGULATIONS

Report on an unconsolidated single FDIC certificate number basis the gross total deposit liabilities as of 

the calendar quarter-end report date that meet the statutory definition of deposits in Section 3(l) of the 

Federal Deposit Insurance Act before deducting allowable exclusions from total deposits. An institution’s 

gross total deposit liabilities are the combination of:

 All deposits in “domestic offices” reported in Schedule SC, items SC710-SC715; 

 Interest accrued and unpaid on deposits in “domestic offices” reported in Schedule SC, item SC763

(for savings banks, includes “dividends accrued and unpaid on deposits); 

 Uninvested trust funds held in the institution’s own trust department; 

 Deposits of consolidated subsidiaries and the interest accrued and unpaid on such deposits; and

 The amount by which demand deposits reported in Schedule SC, item SC763, have been reduced 

from the netting of the reporting institution’s reciprocal demand balances with foreign banks and 

foreign offices of other U.S. banks (other than insured branches in Puerto Rico and U.S. territories 

and possessions; 

 The amount by which any other deposit liabilities reported in Schedule SC, item SC763, have been 

reduced by assets netted against these liabilities in accordance with generally accepted accounting 

principles;
THRIFT FINANCIAL REPORT INSTRUCTION MANUAL JUNE 2011

SCHEDULE DI 911

● Less the amount of unamortized premiums included in the amount of deposit liabilities reported in 

Schedule SC, item SC763; 

 Plus the amount of unamortized discounts reflected in the amount of deposit liabilities reported in 

Schedule SC, item SC763; 

 Plus other obligations meeting the Section 3(l) statutory definition of a deposit that may be housed in 

systems of record not normally thought of as deposit systems, such as loan, payroll, and escrow 

systems and manual records that contain information needed to answer depositors’ questions on their 

deposits. 

See the Call Report Glossary entry for “deposits” for the statutory definition of deposits. 

If unposted debits and unposted credits are included in the gross total deposit liabilities reported in this 

line, they may be excluded in line DI520 below.

DI520: TOTAL ALLOWABLE EXCLUSIONS, INCLUDING INTEREST 

ACCRUED AND UNPAID ON ALLOWABLE EXCLUSIONS

(INCLUDING FOREIGN DEPOSITS)

Report, on an unconsolidated single FDIC certificate number basis, the total amount of allowable 

exclusions from deposits as of the calendar quarter-end report date if the institution maintains such 

records as will readily permit verification of the correctness of its reporting of exclusions. 

Any accrued and unpaid interest on the allowable exclusions listed below should also be reported in this 

item as an allowable exclusion. 

The allowable exclusions include:

1. Foreign Deposits: As defined in Section 3(l)(5) of the Federal Deposit Insurance Act, foreign 

deposits include

(A) any obligation of a depository institution which is carried on the books and records of an 

office of such bank or savings association located outside of any State, unless --

(i) such obligation would be a deposit if it were carried on the books and records of the 

depository institution, and would be payable at, an office located in any State; and

(ii) the contract evidencing the obligation provides by express terms, and not by 

implication, for payment at an office of the depository institution located in any State; 

and

(B) any international banking facility deposit, including an international banking facility time 

deposit, as such term is from time to time defined by the Board of Governors of the 

Federal Reserve System in regulation D or any successor regulation issued by the Board 

of Governors of the Federal Reserve System.

NOTE: Foreign deposits are deposit obligations under the FDIC certificate number of the 

reporting institution only. Deposit obligations of a subsidiary depository institution chartered 

in a foreign country should not be included in amounts reported in Schedule DI under the 

domestic institution’s FDIC certificate number.

2. Reciprocal balances: Any demand deposit due from or cash item in the process of collection due 

from any depository institution (not including a foreign bank or foreign office of another U.S. 

depository institution) up to the total amount of deposit balances due to and cash items in the 

process of collection due such depository institution.

3. Drafts drawn on other depository institutions: Any outstanding drafts (including advices and 

authorization to charge the depository institution’s balance in another bank) drawn in the regular 

course of business by the reporting depository institution. These types of drafts only apply to 

unposted debits and unposted credits which have not been extracted from SC710 (due to the 

institution’s system control Summaries).
JUNE 2011 THRIFT FINANCIAL REPORT INSTRUCTION MANUAL

912 SCHEDULE DI 

4. Pass-through reserve balances: Reserve balances passed through to the Federal Reserve by 

the reporting institution that are also reflected as deposit liabilities of the reporting institution. This 

exclusion is not applicable to an institution that does not act as a correspondent bank in any 

pass-through reserve balance relationship. A state nonmember bank generally cannot act as a 

pass-through correspondent unless it maintains an account for its own reserve balances directly 

with the Federal Reserve.

5. Depository institution investment contracts: Liabilities arising from depository institution 

investment contracts that are not treated as insured deposits under section 11(a)(5) of the 

Federal Deposit Insurance Act (12 U.S.C. 1821(a)(5)). A Depository Institution Investment 

Contract is a separately negotiated depository agreement between an employee benefit plan and 

an insured depository institution that guarantees a specified rate for all deposits made over a 

prescribed period and expressly permits benefit-responsive withdrawals or transfers.

6. Accumulated deposits: Deposits accumulated for the payment of personal loans that are 

assigned or pledged to assure payment of the loans at maturity. Deposits that simply serve as 

collateral for loans are not an allowable exclusion. 

DI521: AVERAGE CONSOLIDATED TOTAL ASSETS

Report average consolidated total assets for the calendar quarter on a single FDIC certificate number 

basis. 

Averaging methods – An institution that reported $1 billion or more in quarter-end consolidated total 

assets in its Thrift Financial Report (Schedule SC, line item SC60,”Total Assets”) for March 31, 2011, and 

any institution that becomes FDIC-insured after March 31, 2011, must report average consolidated assets 

in this item on a daily average basis. An institution that reported less than $1 billion in quarter-end 

consolidated total assets in its Thrift Financial Report (Schedule SC, line item SC60, “Total Assets”) for 

March 31, 2011, may report average consolidated total assets in this item on a weekly average basis, or it 

may at any time opt permanently to report average consolidated total assets on a daily average basis. 

Once an institution that reports average consolidated total assets using a weekly average reports average 

consolidated total assets of $1 billion or more in this item for two consecutive quarters, it must 

permanently report average consolidated total assets using daily averaging beginning the next quarter. 

Daily average consolidated total assets should be calculated by adding the institution’s consolidated total 

assets as of the close of business for each day of the calendar quarter and dividing by the number of 

days in the calendar quarter (the number of days in a quarter ranges from 90 days to 92 days). For days 

that an institution is closed (e.g., Saturdays, Sundays, or holidays), the amount from the previous 

business day would be used. An institution is considered closed if there are no transactions posted to the 

general ledger as of that date. 

Weekly average consolidated total assets should be calculated by adding the institution’s consolidated 

total assets as of the close of business on each Wednesday during the calendar quarter and dividing by 

the number of Wednesdays in the quarter. 

An institution that becomes newly insured and begins operating during the calendar quarter should report 

average consolidated total assets on a daily average basis. Daily average consolidated total assets for 

such an institution should be calculated by adding the institution’s consolidated total assets as of the 

close of business for each day during the quarter since it became insured and operational, and dividing 

by the number of calendar days since it became insured and operational.

Measuring consolidated total assets – Consolidated total assets should be measured as follows:

Report the quarterly average for the savings association’s total assets, as defined for “Total Assets,” on 

Schedule SC, item SC60, except that this quarterly average should reflect all debt securities (not held for 

trading) at amortized cost and available-for-sale equity securities with readily determinable fair values at 

the lower of cost or fair value, and equity securities without readily determinable fair values at historical 

cost. In addition, to the extent that net deferred tax assets included in the savings association’s total 

assets, if any, include the deferred tax effects of any unrealized holding gains and losses on available-forsale debt securities, these deferred tax effects may be excluded from the determination of the quarterly 
THRIFT FINANCIAL REPORT INSTRUCTION MANUAL JUNE 2011

SCHEDULE DI 913

average for total assets. If these deferred tax effects are excluded, this treatment must be followed 

consistently over time.

Further exceptions to the above paragraph are as follows:

(1) If the reporting institution has an FDIC-insured depository institution subsidiary, the subsidiary 

should not be consolidated. Instead, the reporting institution’s investment in this subsidiary should 

be included in average consolidated total assets using the equity method of accounting. 

(2) If the reporting institution is the surviving or resulting institution in a merger or consolidation that 

occurred during the calendar quarter, the reporting institution should calculate its average 

consolidated total assets by including the consolidated total assets of all entities that were merged or 

consolidated into the reporting institution as if the merger or consolidation occurred on the first day of 

the calendar quarter. Acceptable methods for including a merged or consolidated entity’s 

consolidated total assets in this calculation for the days during the calendar quarter preceding the 

merger or consolidation date include using either (a) the acquisition date fair value of the merged or 

consolidated entity’s consolidated total assets for all days (or all Wednesdays) during the calendar 

quarter preceding the acquisition date or (b) the merged or consolidated entity’s consolidated total 

assets, as defined above for average “Total Assets,” for each day (or each Wednesday) during the 

calendar quarter preceding the acquisition date. 

(3) If the reporting institution was acquired in a transaction that became effective during the calendar 

quarter and push down accounting was used to account for the acquisition, the reporting institution 

should calculate its average consolidated total assets as if the acquisition occurred on the first day of 

the calendar quarter. Acceptable methods for including the institution’s consolidated total assets in 

this calculation for the days during the calendar quarter preceding the acquisition date include using 

either (a) the acquisition date fair value of the reporting institution’s consolidated total assets for all 

days (or all Wednesdays) during the calendar quarter preceding the acquisition date or (b) the 

reporting institution’s consolidated total assets, as defined above for, average “Total Assets,” in the 

paragraph above for each day (or each Wednesday) during the calendar quarter preceding the 

acquisition date.

DI522-DI523: AVERAGING METHOD USED

Indicate by checking either DI522- DI523 “Yes” or “No” for “Daily” or “Weekly” the averaging method that 

the reporting institution used to report its average consolidated total assets in Schedule DI, item DI521, 

above. 

DI524: AVERAGE TANGIBLE EQUITY

Report average tangible equity for the calendar quarter on a single FDIC certificate number basis. For 

purposes of this item, tangible equity is defined as Tier 1 capital as set forth in the banking agencies’

regulatory capital standards and reported in Schedule CCR, item CCR20.

Averaging methods – An institution that reported $1 billion or more in quarter-end consolidated total 

assets in its Thrift Financial Report (Schedule SC, item SC60, “Total assets”) for March 31, 2011, and 

any institution that becomes FDIC-insured after March 31, 2011, must report average tangible equity on a 

monthly average basis. An institution that reported less than $1 billion in quarter-end consolidated total 

assets in its Thrift Financial Report (Schedule SC, line item SC60, “Total assets”) for March 31, 2011, 

may report its quarter-end tangible equity rather than an average amount, or it may at any time opt 

permanently to report average tangible equity on a monthly average basis. Once an institution that 

reports average consolidated total assets using a weekly average reports average consolidated total 

assets of $1 billion or more in DI521, for two consecutive quarters, it must permanently report average 

tangible equity using monthly averaging beginning the next quarter.

Monthly average tangible equity should be calculated by adding Tier 1 capital as of each month-end date 

during the calendar quarter and dividing by three. For example, monthly average tangible equity for June 

30, 2011, would be the sum of Tier 1 capital as of April 30, May 31, and June 30, 2011, divided by three.
JUNE 2011 THRIFT FINANCIAL REPORT INSTRUCTION MANUAL

914 SCHEDULE DI 

An institution that becomes newly insured and begins operating during the calendar quarter should report 

average tangible equity on a monthly average basis. Monthly average tangible equity for such an 

institution should be calculated by adding the institution’s Tier 1 capital as of each month-end date during 

the quarter since it became insured and operational, and dividing by the number of month-end dates 

since it became insured and operational.

Measuring tangible equity – Tangible equity should be measured in accordance with the instructions for 

Schedule CCR, item CCR20, “Tier 1 capital,” except as follows: 

(1) If the reporting institution has an FDIC-insured depository institution subsidiary, the subsidiary 

should not be consolidated. Instead, the reporting institution should measure its equity capital and 

its Tier 1 capital by accounting for this subsidiary using the equity method of accounting. 

(2) If the reporting institution is the surviving or resulting institution in a merger or consolidation that 

occurred after the end of the first month of the calendar quarter and it reports its average tangible 

equity on a monthly average basis, the reporting institution should calculate its average tangible 

equity as if the merger or consolidation occurred on the first day of the calendar quarter. An 

acceptable method for measuring tangible equity for month-end dates during the calendar quarter 

preceding the merger or consolidation date would be to use the amount of Tier 1 capital for the 

month-end date immediately following the merger or consolidation date as the amount of Tier 1 

capital for the month-end date or dates preceding the merger or consolidation date.

(3) If the reporting institution was acquired in a transaction that became effective after the end of the first 

month of the calendar quarter, push down accounting was used to account for the acquisition, and 

the institution reports its average tangible equity on a monthly average basis, the reporting institution 

should calculate its average tangible equity as if the acquisition occurred on the first day of the 

calendar quarter. An acceptable method for measuring tangible equity for month-end dates during 

the calendar quarter preceding the acquisition date would be to use the amount of Tier 1 capital for 

the month-end date immediately following the acquisition date as the amount of Tier 1 capital for the 

month-end date or dates preceding the acquisition date.

DI526: HOLDINGS OF LONG-TERM UNSECURED DEBT ISSUED 

OTHER FDIC-INSURED DEPOSITORY INSTITUTIONS

Report the balance sheet amount of the reporting institution’s holdings of long-term unsecured debt 

issued by other FDIC-insured depository institutions. Long-term unsecured debt includes senior 

unsecured debt, subordinated debt, and limited-life preferred stock with remaining maturity of at least one 

year that has been issued by another depository institution. Any debt for which the reporting institution 

has the option to redeem the debt within the next 12 months is not considered long-term and may be 

excluded from this item. 

Depending on the form of the debt and the intent for which it is held, holdings of long-term unsecured 

debt issued by other insured depository institutions are included in Schedule SC, item SC689, “Other 

Assets.” 

Exclude holdings of long-term unsecured debt issued by bank and thrift holding companies. Also exclude 

holdings of debt issued by other insured depository institutions that are guaranteed by the FDIC under the 

Debt Guarantee Program component of the FDIC’s Temporary Liquidity Guarantee Program.

DI530: TOTAL FOREIGN DEPOSITS (INCLUDED IN TOTAL 

ALLOWABLE EXCLUSIONS)

Report on an unconsolidated single FDIC certificate number basis the total amount of foreign deposits 

(including International Banking Facility deposits) as of the calendar quarter-end report date included in 

line DI520. 
THRIFT FINANCIAL REPORT INSTRUCTION MANUAL JUNE 2011

SCHEDULE DI 915

DI630: UNSECURED FEDERAL FUNDS PURCHASED

Report on an unconsolidated single FDIC certificate number basis the outstanding amount of unsecured 

federal funds purchased, i.e., immediately available funds borrowed (in domestic office) under 

agreements or contracts that have an original maturity of one business day or roll over under a 

continuing contract, excluding such funds borrowed in the form of securities sold under agreements to 

repurchase (which should be reported in Schedule DI641 and Federal Home Loan Bank advances. 

 Immediately available funds are funds that the purchasing institution can either use or 

dispose of on the same business day that the transaction giving rise to the receipt or disposal 

of the funds is executed.

 A continuing contract, regardless of the terminology used, is an agreement that remains in 

effect for more than one business day, but has no specified maturity and does not require 

advance notice of the lender or the borrower to terminate, either party to terminate.

Note: Report federal funds purchased on a gross basis; i.e., do not net them against federal funds sold, 

except to the extent permitted by GAAP. 

DI635: SECURED FEDERAL FUNDS PURCHASED

Report on an unconsolidated single FDIC certificate number basis the outstanding amount of secured 

federal funds purchased pursuant to the instructions under Schedule DI630 for unsecured federal funds 

purchased.

DI641: SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE

Report on an unconsolidated single FDIC certificate number basis the outstanding amount of:

(1) Securities repurchase agreements, regardless of maturity, if the agreement requires the 

institution to repurchase the identical security sold or a security that meets the definition of 

substantially the same in the case of a dollar roll. 

(2) Sales of participations in pools of securities, regardless of maturity

Note: Report securities sold under agreements to repurchase on a gross basis, i.e., do not net them 

against securities purchased under agreements to resell, except to the extent permitted by 

GAAP. Include the fair value of securities sold under agreements to repurchase that are 

accounted for at fair value under a fair value option. 

DI645-DI648: UNSECURED ―OTHER BORROWINGS‖ WITH A 

REMAINING MATURITY OF (SUM OF DI645-DI648) 

MUST BE LESS THAN OR EQUAL TO SC760 – OTHER 

BORROWINGS)

Report the amount of the savings association’s unsecured “Other borrowings” as defined in Schedule SC, 

item SC760 – Other Borrowings in the appropriate lines DI645-DI648 according to the amount of time 

remaining until their final contractual maturities. Include both fixed rate and floating rate “Other 

borrowings” that are unsecured. In general, “Other borrowings” are unsecured if the savings association

(or a consolidated subsidiary) has not pledged securities, loans, or other assets as collateral for the 

borrowing. Exclude “Other Borrowings” that are guaranteed by the FDIC under the Debt Guarantee 

Program component of the FDIC’s Temporary Liquidity Guarantee Program. 

The sum of items DI645-DI648 must be less than or equal to Schedule SC, item SC760 – Other 

Borrowings. 
JUNE 2011 THRIFT FINANCIAL REPORT INSTRUCTION MANUAL

916 SCHEDULE DI 

DI645: ONE YEAR OR LESS

Report all unsecured “Other Borrowings” with a remaining maturity of one year or less. Include 

unsecured “Other Borrowings” with a remaining maturity of over one year for which the holder has the 

option to redeem the debt instrument within one year of the report date. 

DI646: OVER ONE YEAR THROUGH THREE YEARS

Report all unsecured “Other Borrowings” with a remaining maturity of over one year through three years.

DI647: OVER THREE YEARS THROUGH FIVE YEARS

Report all unsecured “Other Borrowings” with a remaining maturity of over three years through five years.

DI648: OVER FIVE YEARS 

Report all unsecured “Other Borrowings” with a remaining maturity of over five years.

DI655-DI658: SUBORDINATED NOTES AND DEBENTURES-WITH A 

REMAINING MATURITY OF (SUM OF DI655-DI658 

MUST EQUAL SC736 – SUBORDINATED 

DEBENTURES)

Report the amount of the savings association’s subordinated notes and debentures (as defined for 

Schedule SC, item SC736) in the appropriate sub items according to the amount of time remaining until 

their final contractual maturities. Include both fixed rate and floating rate subordinated notes and 

debentures. The sum of DI655-DI658 must equal Schedule SC736 – Subordinated Debentures. 

DI655: ONE YEAR OR LESS

Report all subordinated notes and debentures with a remaining maturity of one year or less. Include 

subordinated notes and debentures with a remaining maturity of over one year for which the holder has 

the option to redeem the subordinated debt within one year of the report date. 

DI656: OVER ONE YEAR THROUGH THREE YEARS

Report all subordinated notes and debentures with a remaining maturity of over one year through three 

years. 

DI657: OVER THREE YEARS THROUGH FIVE YEARS

Report all subordinated notes and debentures with a remaining maturity of over three years through five 

years. 
THRIFT FINANCIAL REPORT INSTRUCTION MANUAL JUNE 2011

SCHEDULE DI 917

DI658: OVER FIVE YEARS 

Report all subordinated notes and debentures with a remaining maturity of over five years. 

DI659: BANKER’S BANK CERTIFICATION: DOES THE 

REPORTING SAVINGS ASSOCIATION MEET BOTH THE 

STATUTORY DEFINITION OF A BANKER’S BANK AND THE 

BUSINESS CONDUCT TEST SET FORTH IN FDIC 

REGULATIONS?

If the savings association meets both of these criteria, it is a qualifying banker’s bank and should answer 

“Yes” to item DI659 and complete items DI661 and DI662. If the savings association does not meet both 

of these criteria, it should answer “No” to item DI659 and it should not complete items DI661 and DI662.

The definition of “banker’s bank” is set forth in 12 U.S.C. 24, which states that a banker’s bank is an 

FDIC-insured bank where the stock of the bank or its parent holding company “is owned exclusively 

(except to the extent directors’ qualifying shares are required by law) by depository institutions or 

depository institution holding companies (as defined in section 1813 of this title)” and the bank or its 

parent holding company and all subsidiaries thereof are engaged exclusively in providing services to or 

for other depository institutions, their holding companies, and the officers, directors, and employees of 

such institutions and companies, and in providing correspondent banking services at the request of other 

depository institutions or their holding companies.”

A savings association that would otherwise meet the definition of a banker’s bank, but has received funds 

from federal capital infusion programs (such as the Troubled Assets Relief Program and the Small 

Business Lending Fund), has stock owned by the FDIC as a result of bank failures, or has non-bankowned stock resulting from equity compensation programs, is not excluded from the definition of a 

banker’s bank for purposes of DI659, provided the bank also meets the business conduct test. 

To meet the business conduct test, which is set forth in Section 327.5(b)(3) of the FDIC’s regulations, a 

savings association must conduct 50 percent or more of its business with entities other than its parent 

holding company or entities other than those controlled either directly or indirectly by its parent holding 

company. Control has the same meaning as in section 3(w)(5) of the Federal Deposit Insurance Act (12 

U.S.C. 1813(w)(5)).

DI661: BANKER’S BANK DEDUCTION

A qualifying banker’s bank is eligible to have the FDIC deduct certain assets from its assessment base, 

subject to a limit. Report in this item the banker’s bank deduction, which equals the sum of a qualifying 

banker’s bank’s average balances due from Federal Reserve Banks plus its average federal funds sold. 

These averages should be calculated on a daily or weekly basis consistent with the qualifying banker’s 

bank’s calculation of its average consolidated total assets in Schedule DI, item DI521 (and as reported in 

Schedule DI, item DI522 or DI523).

Balances due from Federal Reserve Banks include the total balances due from Federal Reserve Banks, 

including the qualifying banker’s bank’s own reserves and other balances as well as reserve balances 

actually passed through to a Federal Reserve Bank by the banker’s bank on behalf of its respondent 

depository institutions (as described in the instructions for Schedule SC, item SC110: “Cash and Noninterest-earning Deposits” and SC118 “Other Interest-Earning Deposits”). For a qualifying banker’s bank 

that is a respondent in a pass-through reserve relationship with a correspondent bank, balances due from 

Federal Reserve Banks include the reserve balances the correspondent bank has passed through to a 

Federal Reserve Bank for the respondent banker’s bank. Balances due from Federal Reserve Banks 

also include the qualifying banker’s bank’s excess balance accounts, which are limited-purpose accounts 

at Federal Reserve Banks for maintaining an institution’s excess balances that are eligible to earn interest 

on their Federal Reserve balances. See the Call Report Glossary entry for “pass-through reserve 

balances.”
JUNE 2011 THRIFT FINANCIAL REPORT INSTRUCTION MANUAL

918 SCHEDULE DI 

Federal funds sold are defined in the instructions for Schedule SC, item SC125, “Federal Funds Sold and 

Securities Purchased under Agreements to Resell.” See also the Call Report Glossary entry for “federal 

funds transactions.”

DI662: BANKER’S BANK DEDUCTION LIMIT

A qualifying banker’s bank is eligible to have the FDIC deduct certain assets from its assessment base, 

subject to a limit. Report in this item the banker’s bank deduction limit, which equals the sum of a 

qualifying banker’s bank’s average deposits of commercial banks and other depository institutions in the 

U.S. plus its average federal funds purchased. These averages should be calculated on a daily or weekly 

basis consistent with the qualifying banker’s bank’s calculation of its average consolidated total assets in 

DI521 (and as reported in DI522 or DI523). 

Deposits of commercial banks and other depository institutions in the U.S. are defined as follows:

Commercial banks in the U.S. cover:

(1) U.S. branches and agencies of foreign banks; and

(2) All other commercial banks in the U.S., i.e., U.S. branches of U.S. banks.

Other depository institutions in the U.S. cover:

(1) Building or savings and loan associations, homestead associations, and cooperative banks;

(2) Credit unions; and

(3) Mutual and stock savings banks.

For purposes of DI662, U.S. branches and agencies of foreign banks include U.S. branches and agencies 

of foreign official banking institutions and investment companies that are chartered under Article XII of the 

New York State banking law and that are majority-owned by one or more foreign banks.

For the appropriate treatment of deposits of depository institutions for which the reporting savings 

association is serving as a pass-through agent for federal required reserves, see the Call Report Glossary

entry for “pass-through reserve balances.”

Refer to the Call Report Glossary entries for “banks, U.S. and foreign” and “depository institutions in the

U.S.” for further discussion of these terms.

Exclude from this item deposits of banks in foreign countries 

Federal funds purchased are defined in Schedule SC, item SC730 “Federal Funds Purchased and 

Securities Sold Under Agreements to Repurchase.” See also the Call Report Glossary entry for “federal 

funds transactions.”

DI663: CUSTODIAL BANK CERTIFICATION

If the reporting institution meets the custodial bank definition, it should answer “Yes” to item DI663 and 

complete items DI664 and DI664. If the reporting institution does not meet the custodial bank definition, it 

should answer “No” to item DI663 and it should not complete items DI664 and DI665. 

A custodial bank, as defined in Section 327.5(c)(1) of the FDIC’s regulations, is an insured depository 

institution that had reported in Schedule FS-Fiduciary and Related Services: 

(1) “Fiduciary and custody and safekeeping assets” (the sum of items FS210-FS270, FS211-FS271, 

and FS280) of $50 billion or more as of the end of the previous calendar year, or

(2) Income from fiduciary activities (the sum of items FS310-FS390) that was 50 percent or more of its 

total revenue (interest income plus noninterest income, which is the sum of items SO115- SO172, 

SO181-SO185, and SO410-SO488 of Schedule SO: Consolidated Statement of Operations) during 

the previous calendar year.
THRIFT FINANCIAL REPORT INSTRUCTION MANUAL JUNE 2011

SCHEDULE DI 919

DI664: CUSTODIAL BANK DEDUCTION

An institution that meets the definition of a custodial bank is eligible to have the FDIC deduct certain 

assets from its assessment base, subject to a limit. Report in this item the custodial bank deduction, 

which equals average qualifying low-risk assets. Qualifying low-risk assets are determined without regard 

to the maturity of the assets. Average qualifying low-risk assets equals the sum of: 

(1) The average amount of cash (CCR400) and balances due from depository institutions (included in 

CCR409) with a risk weighting for risk-based capital purposes of zero percent (as defined for 

Schedule CCR 0% Risk-Weight) plus 50 percent of the average amount of cash and balances due 

from depository institutions with a risk weighting of 20 percent (included in CCR445);

(2) The average amount of held-to-maturity securities with a risk weighting for risk-based capital 

purposes of zero percent (as defined for Schedule CCR, item CCR405) plus 50 percent of the 

average amount of held-to-maturity securities with a risk weighting of 20 percent (as defined for 

Schedule CCR, item CCR430); 

(3) The average amount of available-for-sale securities with a risk weighting for risk-based capital 

purposes of zero percent (CCR405) plus 50 percent of the average amount of available-for-sale 

securities with a risk weighting of 20 percent (included CCR450); and 

(4) The average amount of federal funds sold and securities purchased under agreements to resell 

with a risk weighting for risk-based capital purposes of zero percent (as defined in CCR, item 415) 

plus 50 percent of the average amount of federal funds sold and securities purchased under 

agreements to resell with a risk weighting of 20 percent (as defined in CCR 450).

These averages should be calculated on a daily or weekly basis consistent with the custodial bank’s 

calculation of its average consolidated total assets in DI521 and as reported in either DI522 or DI523. 

DI665: CUSTODIAL BANK DEDUCTION LIMIT

An institution that meets the definition of a custodial bank is eligible to have the FDIC deduct certain 

assets from its assessment base, subject to a limit. Report in this item the custodial bank deduction limit, 

which equals the average amount of the institution’s transaction account deposit liabilities identified by the 

institution as being directly linked to a fiduciary, custodial, or safekeeping account reported in Schedule 

FS – Fiduciary and Related Services. The titling of a transaction account or specific references in the 

deposit account documents should clearly demonstrate the link between the transaction account and a 

fiduciary, custodial, or safekeeping account. 

For deposits in domestic offices, the term “transaction account” is defined in Federal Reserve Regulation 

D and in the Call Report Glossary entry for “deposits” and such deposits are reported in Schedule SC, 

Item SC710. In general, a transaction account is a deposit or account from which the depositor or account 

holder is permitted to make transfers or withdrawals by negotiable or transferable instruments, payment 

orders of withdrawal, telephone transfers, or other similar devices for the purpose of making payments or 

transfers to third persons or others or from which the depositor may make third party payments at an 

automated teller machine, a remote service unit, or another electronic device, including by debit card. For 

purposes of reporting the custodial bank deduction limit in this item, a custodial bank with deposits in 

foreign offices should include foreign office deposit liabilities with the characteristics of a transaction 

account that are linked to a fiduciary, custody, or safekeeping account reported in Schedule FS –

Fiduciary and Related Services. 

Exclude form this item escrow accounts, interest on Lawyers Trust Accounts, and other trust and custodyrelated deposit accounts related to commercial bank services, or otherwise offered outside a custodial 

bank’s fiduciary business unit or another distinct business unit devoted to institutional custodial services. 

Also exclude all nontransaction account deposit liabilities (i.e. savings and time deposits). 

This average should be calculated on a daily or weekly basis consistent with the custodial bank’s 

calculation of its average consolidated total assets in DI521 and as reported in either DI522 or DI523.
JUNE 2011 THRIFT FINANCIAL REPORT INSTRUCTION MANUAL

920 SCHEDULE DI 

DI580 – DI585: DEPOSIT DATA FOR NONINTEREST BEARING

TRANSACTION ACCOUNTS AS DEFINED IN SECTION 

343 OF THE ―DODD-FRANK WALL STREET REFORM 

AND CONSUMER PROTECTION ACT OF 2010‖

NOTE: Schedule DI, Items DI580 and DI585, below, for the amount of noninterest-bearing 

transactions accounts of more than $250,000 are to be completed – beginning in the reports for 

December 31, 2010 – by all FDIC-insured depository institutions, whether or not they had 

previously opted to participate in the FDIC’s Transaction Account Guarantee Program. Line items 

DI580 and DI585 are to be reported as of the quarter-end report date, not as daily averages for the 

quarter.

Section 343 of the Dodd-Frank Wall Street Reform and Consumer Protection Act amended the Federal 

Deposit Insurance Act with respect to the insurance coverage of noninterest-bearing transaction 

accounts. These amendments take effect December 31, 2010, and require the FDIC to “fully insure the 

net amount that any depositor at an insured depository institution maintains in a noninterest-bearing 

transaction account.” This unlimited insurance coverage will be in effect only through December 31, 

2012. 

As defined in Section 343 of the Dodd-Frank Act, a “noninterest-bearing transaction account” is an 

account (in a domestic office of an insured branch in Puerto Rico or a U.S. territory or possession) “(I) 

with respect to which interest is neither accrued nor paid; (II) on which the depositor or account holder is 

permitted to make withdrawals by negotiable or transferable instrument, payment orders of withdrawal, 

telephone or other electronic medias transfers, or other similar items for the purpose of making payments 

or transfers to third parties or others; and (III) on which the insured depository institution does not reserve 

the right to require advance notice of an intended withdrawal.” In addition as of the December 31, 2010 

TFR Report, include ―Interest on Lawyer Trust Accounts (IOLTAs)‖ with balances of more than 

$250,000 in the total amount and number of Dodd-Frank Act noninterest-bearing transaction accounts of 

more than $250,000 that you report on DI580 and DI585. Reference the FDIC’s Financial Institution

Letter, FIL-2-2011, dated January 21, 2011, for a discussion of the December 29, 2010, amendment to 

the FDI Act to include IOLTAs. 

Thus the term “noninterest-bearing transaction account” includes all demand deposits, including certified 

checks and official checks (such as cashiers’ checks and money orders) drawn on the reporting 

institution. However, pursuant to Section 627 of the Dodd-Frank Act as of July 21, 2011, institutions will 

no longer be restricted from paying interest on demand deposit accounts. At that time, if an institution 

modifies the terms of its demand deposit agreement so that the account may earn interest, the account 

will no longer satisfy the definition of a noninterest-bearing transaction account, will no longer be eligible 

for full deposit insurance coverage, and should no longer be reported in Line Items DI580 and DI585. 

Even if checks may be drawn on the account, a “noninterest-bearing transaction account” does not 

include, for example, any transaction account that may earn interest, such as a negotiable order of 

withdrawal (NOW) account; or, a money market deposit account (MMDA) as defined in Federal Reserve 

Regulation D.

Account features such as the waiver of fees or the provision of free-reducing credits do not prevent an 

account from qualifying as a noninterest-bearing transaction account as long as the account otherwise 

satisfies the definition of a noninterest-bearing transaction account.

In determining whether funds are in noninterest-bearing transaction account for purposes of reporting in 

Line Items DI580 and DI585, the FDIC will apply its normal rules and procedures under Section 360.8 of 

the FDSIDC’s regulations for determining account balances at a failed insured depository institution. 

Under these procedures, funds may be swept or transferred from a noninterest-bearing transaction 

account to another type of deposit account or product that is not a noninterest-bearing transaction 

account. Except as described in the following sentence, unless the funds are in a noninterest-bearing 

transaction account after the completion of the sweep under Section 360.8, the funds in the resulting 

account or product will not be eligible for full deposit insurance coverage and they should not be reported 
THRIFT FINANCIAL REPORT INSTRUCTION MANUAL JUNE 2011

SCHEDULE DI 921

in Line Items DI580 and DI585. However, in the case of funds swept from a noninterest-bearing 

transaction account to a noninterest-bearings savings account as defined in Federal Reserve Regulation 

D, the FDIC will treat the swept funds as being in a noninterest-bearing savings account plus any amount 

remaining in the related noninterest-bearing savings account plus and amount remaining in the related 

noninterest-bearing transaction account is more than $250,000, this sum should be reported in Line Items 

DI580 and the swept funds and the related noninterest-bearing transaction account should be reported as 

one account in Line Item DI585. 

Include public funds held in “noninterest-bearing transactions accounts” of more than $250,000 whether 

or not they are collateralized with pledges securities or other pledged assets. 

Report in the appropriate sub item the amount outstanding and the number of noninterest-bearing 

transaction accounts (as defined above and in any FDIC regulations implementing Section 343) with a 

balance on the report date of more than $250,000. An institution may exclude noninterest-bearing 

transaction accounts with a balance of more than $250,000 where the entire balance is not fully insured 

under the FDIC’s regular deposit insurance rules. These amounts may be excluded to the extent that 

they can be determined by the institution and fully supported in the institution’s user notes that are 

electronically transmitted using the Electronic Filing System software. An institution is not required to 

make a determination of amounts otherwise insured but may do so at its option. 

DI586: HAS THE REPORTING INSTITUTION BEEN 

CONSOLIDATED WITH A PARENT BANK OR SAVINGS 

ASSOCIATION IN THAT PARENT BANK’S OR PARENT 

SAVINGS ASSOCIATION’S CALL REPORT OR THRIFT 

FINANCIAL REPORT?

Report either yes or no. 

DI587: IF THE ANSWER TO DI586 IS ―YES‖

Report the legal title of that parent bank or parent savings association.

DI588: IF THE ANSWER TO DI586 IS ―YES‖

Report the five digits FDIC Certificate Number of that parent bank or parent savings association using 

leading zeros if necessary. For example if the FDIC Certificate Number is “1” report “00001.”

SCHEDULE DI ITEMS DI589-DI602 ARE TO BE COMPLETED BY 

SAVINGS ASSOCIATIONS THAT ARE ―LARGE INSTITUTIONS‖ AS 

DEFINED IN THE FDIC REGULATIONS

GENERAL INSTRUCTIONS FOR DI ITEMS DI589-DI602

DI589-DI602 are applicable only to large savings associations. Amounts reported in items DI589-DI591 

will not be made available to the public on an individual institution basis. 

According to Section 327.8(f) of the FDIC’s regulations, a large institution is an FDIC-insured savings 

association that reported total assets of $10 billion or more as of December 31, 2006, that does not meet 

the definition of a highly complex institution. After December 31, 2006, if a savings association not 

previously classified as a large institution reports total assets of $10 billion or more for four consecutive 

quarters, the savings association will be classified as a large institution beginning the following quarter. In 

the Consolidated Statement of Condition and Income, an FDIC-insured savings association’s total assets 

are reported in item SC60.
JUNE 2011 THRIFT FINANCIAL REPORT INSTRUCTION MANUAL

922 SCHEDULE DI 

Transition Guidance for Reporting ―Subprime Consumer Loans‖ and ―Leveraged Loans and 

Securities‖ as Defined for Assessment Purposes Only in FDIC Regulations2

For loans originated or purchased prior to October 1, 2011, and for securities where the underlying loans 

were originated predominantly prior to October 1, 2011, for which the reporting institution does not have 

the information necessary to determine subprime consumer or leveraged status in accordance with the 

definitions of these asset categories set forth in the FDIC’s assessment regulations and these 

instructions, the institution may use its existing internal methodology for identifying subprime consumer or 

leveraged loans and securities as the basis for reporting these assets for deposit insurance assessment 

purposes in Schedule DI, items DI590 and DI591. Institutions that do not have an existing methodology in 

place to identify subprime consumer or leveraged loans and securities (because they are not required to 

report on these exposures to their primary federal regulator for examination or other supervisory purposes 

or did not measure and monitor loans and securities with these characteristics for internal risk 

management purposes) may, as an alternative to applying the definitions in the FDIC’s assessment 

regulations to pre-October 1, 2011, loans and securities, apply existing guidance provided by their 

primary federal regulator, the agencies’ 2001 Expanded Guidance for Subprime Lending Programs,

3

or 

the February 2008 Comptroller’s Handbook on Leveraged Lending4for purposes of identifying subprime 

consumer and leveraged loans originated or purchased prior to October 1, 2011, and subprime consumer 

and leveraged securities where the underlying loans were originated predominately prior to October 1, 

2011. All loans originated on or after October 1, 2011, must be reported according to definitions of these 

asset categories set forth in the FDIC’s assessment regulations and these instructions. 

For loans purchased on or after October 1, 2011, institutions may apply this transition guidance to loans 

originated prior to that date. Loans purchased on or after October 1, 2011, that also were originated on or 

after that date must be reported as subprime or leveraged according to the definitions of these asset 

categories set forth in the FDIC’s assessment regulations and these instructions. 

Amounts Guaranteed or Insured by the U.S. Government, its Agencies, or its Government-Sponsored 

Agencies – The instructions for Schedule VA, items VA960-VA975 and DI589-DI591, DI593, DI594; and,

DI596-DI602, refer to amounts recoverable from, or guaranteed or insured by, the U.S. government, its 

agencies, or government-sponsored agencies under guarantee or insurance provisions. Examples 

include guarantees or insurance (or reinsurance) provided by the Department of Veterans Affairs, the 

Federal Housing Administration, the Small Business Administration (SBA), the Department of Agriculture 

Rural Development Loan Program, and the Department of Education for individual loans as well as 

coverage provided by the FDIC under loss-sharing agreements. For loan securitizations and securities, 

examples include those guaranteed by the Government National Mortgage Association, the Federal 

National Mortgage Association (Fannie Mae), and the Federal Home Loan Mortgage Corporation 

(Freddie Mac) as well as SBA Guaranteed Loan Pool Certificates and securities covered by FDIC losssharing agreements. However, if an institution holds securities backed by mortgages it has transferred to 

Fannie Mae or Freddie Mac with recourse or other transferor-provided credit enhancements, these 

securities should not be considered guaranteed to the extent of the institution’s maximum contractual 

credit exposure arising from the credit enhancements. NOTE: Because certain information on coverage 

under FDIC loss-sharing agreements is reported elsewhere in the Consolidated Statement of Condition 

and the Consolidated Statement of Operations, the treatment of FDIC loss-sharing agreements varies in

items found in Schedule VA960-VA975 and DI589-DI591, DI593, DI594; and, DI596-DI602. 

NOTE: Schedule VA, items VA960-VA975 and Schedule DI, items DI589-DI595 are 

to be completed by ―large institutions.‖ 

 

2

The definitions for subprime consumer and leveraged loans included in these instructions are essentially the same as the 

definitions for subprime consumer and leveraged loans included in the FDIC’s assessment regulations (12 CFR Part 327). 

However, to assist institutions in properly identifying subprime consumer and leveraged loans for reporting in Schedule DI and 

deposit insurance pricing purposes, certain clarifications to the definitions in the assessment regulations have been included in 

these instructions to facilitate the identification of subprime consumer and leveraged loans for deposit for assessment reporting 

purposes.

3

http://www.fdic.gov/news/news/press/2001/pr0901a.html

4

http://www.occ.gov/static/publications/handbook/LeveragedLending.pdf
THRIFT FINANCIAL REPORT INSTRUCTION MANUAL JUNE 2011

SCHEDULE DI 923

CRITICIZED AND CLASSIFIED ITEMS

Reference Schedule VA Instructions for items: VA960, VA965, VA970, and VA975. 

DI589: ―NONTRADITIONAL 1- 4 FAMILY RESIDENTIAL 

MORTGAGE LOANS (IN DOMESTIC OFFICES)‖AS 

DEFINED FOR ASSESSMENT PURPOSES ONLY IN FDIC 

REGULATIONS

Report the balance sheet amount of nontraditional 1-4 family residential mortgage loans (in domestic 

offices), as defined for assessment purposes only in Appendix C to subpart A to Part 327 of the FDIC’s 

regulations, which includes all 1-4 family residential loan products that allow the borrower to defer 

repayment of principal or interest and includes all interest-only products, teaser rate mortgages, and 

negative amortizing mortgages, with the exception of home equity lines of credit and reverse mortgages.

Nontraditional mortgage loans do not include loans reported as trading assets in Schedule SI, 

conventional fully amortizing adjustable rate mortgage loans that do not have a teaser rate, and interestonly residential construction loans, but include conventional fully amortizing adjustable rate mortgage 

loans that have a teaser rate. 

A teaser-rate mortgage loan is defined for assessment purposes as a mortgage with a discounted initial 

rate. A discounted initial rate is an effective interest rate at the time of origination or refinance that is less 

than the rate the bank is willing to accept for an otherwise similar extension of credit with comparable 

risk.5 A mortgage loan is no longer considered a nontraditional mortgage once the teaser rate has 

expired, or in the case of an escalating interest rate, once the rate is no longer discounted and the 

borrower is making full principal and interest payments (has not been granted any principal and interest 

concessions). Nontraditional mortgage loans can be reclassified as traditional loans once they become 

fully amortizing loans, provided they no longer have a teaser rate.

Nontraditional 1-4 family residential mortgage loans as defined for assessment purposes also include 

securitizations where more than 50 percent of the assets backing the securitization meet one or more of 

the preceding criteria for nontraditional 1-4 family residential mortgage loans, with the exception of those 

securities reported as “trading assets” in Schedule SI.

The amount to be reported in this item for nontraditional mortgage loans should include purchased credit 

impaired loans as defined in ASC Subtopic 310-30, Receivables – Loans and Debt Securities Acquired 

with Deteriorated Credit Quality (formerly AICPA Statement of Position 03-3, “Accounting for Certain 

Loans or Debt Securities Acquired in a Transfer”), provided they meet the characteristics of nontraditional 

as described above. The amount to be reported in this item should exclude amounts recoverable on 

nontraditional mortgage loans from the U.S. government, its agencies, or its government-sponsored 

agencies, under guarantee or insurance provisions, including FDIC loss-sharing agreements.

DI590: ―SUBPRIME CONSUMER LOANS‖ AS DEFINED FOR 

ASSESSMENT PURPOSES ONLY IN FDIC REGULATIONS

Report the balance sheet amount of subprime consumer loans as defined for assessment purposes only 

in Appendix C to Subpart A to Part 327 of the FDIC’s regulations, excluding subprime consumer loans

that have been reported as nontraditional 1-4 family residential mortgage loans in DI589 above. For 

assessment purposes, subprime consumer loans are loans secured by 1-4 family residential properties 

(as defined for Schedule SC, items SC251, SC254, and SC255) and loans to individuals for household, 

family, and other personal expenditures (as defined for Schedule SC, items SC328, SC330, SC323, 

SC310, SC316, SC320, and SC326) that have been made to borrowers who display one or more of the 

following credit risk characteristics at origination or upon refinancing, whichever is more recent:

 

5

The discount rate is a short-term subsidy on a loan rate. If the rate is below market rates, it is likely discounted or subsidized.
JUNE 2011 THRIFT FINANCIAL REPORT INSTRUCTION MANUAL

924 SCHEDULE DI 

 Two or more 30-day delinquencies in the last 12 months, or one or more 60-day delinquencies in 

the last 24 months; 

 Judgment, foreclosure, repossession, or charge-off in the prior 24 months; 

 Bankruptcy in the last 5 years; or 

 Debt service-to-income ratio of 50 percent or greater, or otherwise limited ability to cover family 

living expenses after deducting total monthly debt-service requirements from monthly income.

6

For assessment purposes, subprime consumer loans also include loans identified by an insured 

depository institution as subprime loans based upon similar borrower characteristics and securitizations 

where more than 50 percent of assets backing the securitization meet one or more of the preceding 

criteria for subprime loans, excluding those securities reported as trading assets in Schedule SI. 

The amount to be reported in this item for subprime consumer loans should include purchased credit 

impaired loans as defined in ASC Subtopic 310-30, Receivables – Loans and Debt Securities Acquired 

with Deteriorated Credit Quality (formerly AICPA Statement of Position 03-3, “Accounting for Certain 

Loans or Debt Securities Acquired in a Transfer”), provided they meet the characteristics of subprime 

above.

The amount to be reported in this item should exclude consumer loans reported as trading assets in 

Schedule SI and amounts recoverable on subprime consumer loans from the U.S. government, its 

agencies, or its government-sponsored agencies, under guarantee or insurance provisions, including 

FDIC loss-sharing agreements.

DI591: ―LEVERAGED LOANS AND SECURITIES‖ AS DEFINED 

FOR ASSESSMENT PURPOSES ONLY IN FDIC 

REGULATIONS

Report the balance sheet amount plus the unfunded amount of leveraged loans and securities as defined 

for assessment purposes only in Appendix C to Subpart A to Part 327 of the FDIC’s regulations. For 

assessment purposes, leveraged loans and securities include: 

 

6

http://www.fdic.gov/news/news/press/2001/pr0901a.html; however, the definition of subprime consumer loans in the FDIC’s 

assessment regulations and in these instructions for this item excludes any reference to FICO or other credit bureau scores.
THRIFT FINANCIAL REPORT INSTRUCTION MANUAL JUNE 2011

SCHEDULE DI 925

(1) All commercial and industrial loans (funded and unfunded) (as defined for Schedule SC, items 

SC300 and SC303, but excluding loans to individuals for commercial, industrial, and professional 

purposes) with an original amount7greater than $1 million that meet any one of the conditions8below 

at either origination or renewal; 

(2) Securities issued by commercial borrowers that meet any one of the conditions below at either 

origination or renewal, except securities reported as trading assets in Schedule SI; and 

(3) Securitizations that are more than 50 percent collateralized by assets that meet any one of the 

conditions below at either origination or renewal, except securities reported as trading assets in 

Schedule SI. 

Leveraged loans exclude loans secured by real estate (as defined for Schedule SC, items SC230-SC240, 

SC265, and SC251-SC265), loans to finance agricultural production and other loans to farmers (included 

in Schedule SC) and commercial and industrial loans reported as trading assets in Schedule SI, item 

SI323. 

The conditions to be considered when evaluating whether loans or securities should be reported as 

leveraged loans or securities are: 

 Loans or securities where the borrower’s post-financing total debt or senior debt to trailing twelvemonth earnings before interest, taxes, depreciation, and amortization (EBITDA) (i.e., operating 

leverage ratio) is greater than 4 or 3 times, respectively. For purposes of this calculation, the only 

permitted EBITDA adjustments are those adjustments specifically permitted for that borrower in its 

credit agreement; or

 Loans or securities that are designated as highly leveraged transactions by the syndication agent.9

For the purposes of calculating debt/EBITDA ratios, total debt is defined as short-term borrowings plus 

long-term borrowings as follows: 

 Short-term borrowings include bank overdrafts, short-term debts and borrowings, repurchase 

agreements (repos), the short-term portion of long-term borrowings or debt, current obligations under 

capital (finance) leases, trust receipts, and bankers acceptances. 

 

7 The following guidelines should be used to determine the “original amount” of a loan: 

(1) For loans drawn down under lines of credit or loan commitments, the “original amount” of the loan is the size 

of the line of credit or loan commitment when the line of credit or loan commitment was most recently 

approved, extended, or renewed prior to the report date. However, if the amount currently outstanding as of 

the report date exceeds this size, the “original amount” is the amount currently outstanding on the report 

date.

(2) For loan participations and syndications, the “original amount” of the loan participation or syndication is the 

entire amount of the credit originated by the lead lender.

(3) For all other loans, the “original amount” is the total amount of the loan at origination or the amount currently 

outstanding as of the report date, whichever is larger. 

Consistent with the guidelines of “original amount” stated in the glossary under “Small Business and Small Farm 

Loans”, multiple loans to one borrower should be combined and reported on an aggregate basis rather than as 

separate individual loans to the extent that the loan systems in which the institution’s business loan data are 

maintained can provide aggregate individual borrower data without undue cost to the reporting institution. 

However, if the burden of such aggregation would be excessive, the institution may treat multiple loans to one 

borrower as separate individual loans. 

8

The leveraged loans criteria to be used for assessment purposes are based on guidance issued by the Office of the 

Comptroller of the Currency in its Comptroller’s Handbook on Leveraged Lending, 

http://www.occ.gov/static/publications/handbook/LeveragedLending.pdf, but do not include all of the criteria in the 

handbook.

9

http://www.fdic.gov/news/news/press2001/pr2801.html
JUNE 2011 THRIFT FINANCIAL REPORT INSTRUCTION MANUAL

926 SCHEDULE DI 

 Long-term borrowings (or long-term debt) include all interest-bearing financial obligations that are not 

previously captured in short-term borrowings. These obligations include debentures, bonds, loans, 

mortgage debts, sinking funds, long-term bank overdrafts and capital (finance) lease obligations, 

including those obligations that are convertible, redeemable, or retractable. They also include 

mandatory redeemable preferred and trust preferred securities accounted for as liabilities in 

accordance with ASC Subtopic 480-10, Distinguishing Liabilities from Equity – Overall (formerly 

FASB Statement No. 150, “Accounting for Certain Financial Instruments with Characteristics of both 

Liabilities and Equity”), and subordinated capital notes. Long-term borrowings exclude the short-term 

portion of long-term debt, pension obligations, deferred tax liabilities, and preferred equity. 

Senior debt shall include any portion of total debt as previously defined that has a priority claim on the 

assets of the borrower. 

Institutions should report the balance sheet amount of leveraged loans as defined for assessment 

purposes that have been funded as well as the unfunded portion of leveraged loans. Institutions should 

report unfunded amounts that include the unused portions of irrevocable and revocable commitments to 

make or purchase leveraged loans, i.e., the unused commitment as defined in the instructions for 

Schedule CCR.

The amount to be reported in this item for leveraged loans and securities should include purchased credit 

impaired loans and securities as defined in ASC Subtopic 310-30, Receivables – Loans and Debt

Securities Acquired with Deteriorated Credit Quality (formerly AICPA Statement of Position 03-3, 

“Accounting for Certain Loans or Debt Securities Acquired in a Transfer”), provided the loans and 

securities meet the definition of a leveraged loan or security. 

The amount to be reported in this item should exclude amounts recoverable on leveraged loans and 

securities from the U.S. government, its agencies, or its government-sponsored agencies, under 

guarantee or insurance provisions, including FDIC loss-sharing agreements. 

DI592-DI593: CONSTRUCTION, LAND DEVELOPMENT, AND 

OTHER LAND LOAN COMMITMENTS

For purposes of DI592 and DI593, construction, land development, and other land loans are defined in 

the instructions for Schedule SC, items SC230-SC240 “Construction Loans,” and SC265 “Land.”

Commitments are defined in the instructions for Schedule CC105 “Mortgage Construction Loans” and 

CC115 “Other Mortgage Loans.”

DI592: TOTAL UNFUNDED COMMITMENTS

Report the unused portion of commitments to extend credit to fund construction, land development, and 

other land loans that, when funded, would be reportable as loans secured by real estate in Schedule SC, 

items SC230-SC240 “Construction Loans” and SC265 “Land.” The amount reported in this item should 

also have been included in the amounts reported in Schedule CC, items CC105-CC125.

DI593: PORTION OF UNFUNDED COMMITMENTS GUARANTEED

OR INSURED BY THE U.S. GOVERNMENT (INCLUDING 

THE FDIC)

Report the amount of the unused portion of the construction, land development, and other land loan 

commitments reported in DI592, above that is recoverable from the U.S. government, its agencies, or 

government-sponsored agencies, under guarantee or insurance provisions, including FDIC loss-sharing 

agreements. 

Exclude amounts recoverable from state or local governments, state or local government agencies, 

foreign (non-U.S.) governments, and private agencies or organizations.
THRIFT FINANCIAL REPORT INSTRUCTION MANUAL JUNE 2011

SCHEDULE DI 927

DI594: AMOUNT OF OTHER REAL ESTATE OWNED 

RECOVERABLE FROM THE U.S. GOVERNMENT UNDER 

GUARANTEE OF INSURANCE PROVISIONS (EXCLUDING 

FDIC LOSS-SHARING AGREEMENTS)

Report the amount of other real estate owned (as defined in Schedule SI, SI789-SI793, and foreclosed 

properties from “GNMA loans”) that is recoverable from the U.S. government, its agencies or its 

government-sponsored agencies, under guarantee or insurance provisions, excluding any other real 

estate owned that is covered under FDIC loss-sharing agreements. 

Exclude other real estate owned that is protected under guarantee or insurance provisions by state or 

local governments, state or local government agencies, foreign (non-U.S.) governments, and private 

agencies or organizations.

DI595: NONBROKERED TIME DEPOSITS OF MORE THAN 

$250,000 (INCLUDED IN DI130)

Report the amount of time deposits of more than $250,000 included in Schedule DI, item DI130 that are 

not brokered deposits. See the Call Report Glossary entry for “brokered deposits” for the definition of this 

term. 

DI596-DI602: PORTION OF FUNDED LOANS GUARANTEED OR 

INSURED BY THE U.S. GOVERNMENT (EXCLUDING 

FDIC LOSS-SHARING AGREEMENTS) 

Report in the appropriate subitem the portion of the balance sheet amount of funded loans that is 

guaranteed or insured by the U.S. government, including its agencies and its government-sponsored 

agencies, other than by the FDIC under loss-sharing agreements. 

Exclude loans guaranteed or insured by state or local governments, state or local government agencies, 

foreign (non-U.S.) governments, and private agencies or organizations as well as loans collateralized by 

securities issued by the U.S. government, including its agencies and its government-sponsored agencies. 

DI596: CONSTRUCTION, LAND DEVELOPMENT, AND OTHER 

LAND LOANS (IN DOMESTIC OFFICES) 

Report the portion of the balance sheet amount of construction, land development, and other land loans 

(in domestic offices) (as defined for Schedule SC, items SC230,SC235, SC240, and SC265) that is

guaranteed or insured by the U.S. government, including its agencies and its government-sponsored 

agencies, other than by the FDIC under loss-sharing agreements. 

DI597: LOANS SECURED BY MULTIFAMILY RESIDENTIAL AND 

NONFARM NONRESIDENTIAL PROPERTIES (IN DOMESTIC 

OFFICES)

Report the portion of the balance sheet amount of loans secured by multifamily (5 or more) residential 

properties and loans secured by nonfarm nonresidential properties (in domestic offices) (as defined for 

Schedule SC, item SC256 and nonfarm property included in item SC260, respectively) that is guaranteed 

or insured by the U.S. government, including its agencies and its government-sponsored agencies, other 

than by the FDIC under loss-sharing agreements. 
JUNE 2011 THRIFT FINANCIAL REPORT INSTRUCTION MANUAL

928 SCHEDULE DI 

DI598: CLOSED-END LOANS SECURED BY FIRST LIENS ON 1-4 

FAMILY RESIDENTIAL PROPERTIES (IN DOMESTIC 

OFFICES) 

Report the portion of the balance sheet amount of closed-end loans secured by first liens on 1-4 family 

residential properties (in domestic offices) (as defined for Schedule SC, item SC254) that is guaranteed 

or insured by the U.S. government, including its agencies and its government-sponsored agencies, other 

than by the FDIC under loss-sharing agreements. 

DI599: CLOSED-END LOANS SECURED BY JUNIOR LIENS ON 1-4 

FAMILY RESIDENTIAL PROPERTIES AND REVOLVING, 

OPEN-END LOANS SECURED BY 1-4 FAMILY 

RESIDENTIAL PROPERTIES AND EXTENDED UNDER 

LINES OF CREDIT (IN DOMESTIC OFFICES)

Report the portion of the balance sheet amount of closed-end loans secured by junior liens on 1-4 family 

residential properties revolving, open-end loans secured by 1-4 family residential properties and extended 

under lines of credit (in domestic offices) (as defined for Schedule SC, item SC255 and SC, item SC251, 

respectively) that is guaranteed or insured by the U.S. government, including its agencies and its 

government-sponsored agencies, other than by the FDIC under loss-sharing agreements. 

DI600: COMMERCIAL AND INDUSTRIAL LOANS

Report the portion of the balance sheet amount of commercial and industrial loans (as defined for 

Schedule SC, items SC300-SC303) that is guaranteed or insured by the U.S. government, including its 

agencies and its government-sponsored agencies, other than by the FDIC under loss-sharing 

agreements. 

DI601: CREDIT CARD LOANS TO INDIVIDUALS FOR 

HOUSEHOLD, FAMILY, AND OTHER PERSONAL 

EXPENDITURES

Report the portion of the balance sheet amount of credit card loans to individuals for household, family, 

and other personal expenditures (as defined for Schedule SC, item SC328) that is guaranteed or insured 

by the U.S. government, including its agencies and its government-sponsored agencies, other than by the 

FDIC under loss-sharing agreements.

DI602: OTHER CONSUMER LOANS (INCLUDES OTHER 

REVOLVING CREDIT PLANS, AUTOMOBILE LOANS, 

SINGLE PAYMENT, INSTALLMENT, AND ALL STUDENT 

LOANS)

Report the portion of the balance sheet amount of other consumer loans (as defined for Schedule SC,

items SC310,SC316,SC320, SC326, and SC330) that is guaranteed or insured by the U.S. government, 

including its agencies and its government-sponsored agencies, other than by the FDIC under loss-sharing 

agreements.
THRIFT FINANCIAL REPORT INSTRUCTION MANUAL MARCH 2011

GLOSSARY 2251

Sensitivity Analysis

Another term for gap analysis, an evaluation of an association’s make-up, revealing the areas in which it 

is exposed to the risk of changing interest rates. See Gap.

Serial Bond Issue

Bonds of a single issue that mature on staggered dates rather than all at once. The purpose of a serial 

bond issue is to help the issuer retire the bonds in small quantities over a long period. 

Service Charge

A fee for services rendered or to be rendered. 

Service Corporation

A corporation previously defined in OTS regulations as being owned by one or more savings associations 

and performing services and engaging in certain activities for its owners, such as originating, holding, 

selling, and servicing mortgages; performing appraisal, brokerage, clerical, escrow, research, and other 

services; and acquiring, developing, or renovating and holding real estate for investment purposes. This 

term became obsolete with the issuance of the Subsidiary and Equity Investment Rule, effective January 

1, 1997.

Servicing Assets

Benefits recognized by an entity undertaking a contract to service loans and other financial assets. 

Servicing includes collecting principal, interest, and escrow payments from the borrowers; paying taxes 

and insurance from escrowed funds; monitoring delinquencies; executing foreclosure, if necessary; 

temporarily investing funds pending distribution; remitting fees to guarantors, trustees, and others 

providing services; and accounting for and remitting principal and interest payments to the holders of 

beneficial interests in the financial assets.

SFAC

Statement of Financial Accounting Concepts issued by the Financial Accounting Standards Board.

Share Loan

A loan secured by funds on deposit at a financial institution. One purpose of a share loan is to preserve 

interest due on deposits by not withdrawing the funds until the date on which the interest payment is due 

or the account matures. See Passbook Loan

Shared-Appreciation Mortgage (SAM)

A home-financing technique where the borrower receives a mortgage rate that is lower than the prevailing 

rates. The borrower must agree to give the lender a share of the profits from the eventual sale of the 

property. A SAM has payments that are based on a normal (typically 30- year) amortization schedule, but 

the loan becomes due and payable at an earlier date (typically not later than at the end of 10 years). A 

SAM has an interest rate below that on a conventional mortgage and a contingent interest feature, where 

at either the sale or transfer of the property or the refinancing or maturity of the loan, the borrower must 

pay the lender a share of the appreciation of the property securing the loan. 

Shareholder

The owner of shares of equity in an organization. The owners of a corporation.

Shelf Registration

A type of Registration Statement, pursuant to Rule 415 of the SEC, that authorizes a certain principal 

amount of securities to be issued, in whole or in parts, in the future, thereby spreading the issuance dates 

over a period of time. 

Short

(1) The sale of a futures contract. (2) A trader who has a short position in a commodity. 

Short Hedge

A hedge transaction in which futures contracts are sold and then purchased; a short hedge protects the 

hedger against interest rate increases, the major risk faced by financial institutions. 
JUNE 2011 THRIFT FINANCIAL REPORT INSTRUCTION MANUAL

2252 GLOSSARY

Short-Term Debt

An obligation that is usually due within one year. 

Short-Term Fixed-Rate Tranches

CMO tranches that have fixed rates and expected maturity of five years or less. 

Short-Term Planned Amortization Classes (PACs)

CMO tranches that have fixed rates, a prioritized repayment schedule within certain prepayment speeds, 

and expected maturity of five years or less. Targeted Amortization Classes (TACs) are considered to be 

substantially similar to PACs for reporting purposes. 

Short-Term PAC Support Tranches

CMO tranches that have fixed rates, expected maturity of five years or less, and are part of a CMO 

structure that contains a PAC or TAC tranche(s). 

Single-Family Dwelling

A housing unit designed for occupancy by one individual or family. See Dwelling Units, 1-4. 

Sinking Fund

The obligation to retire debt instruments according to a predetermined schedule. 

Small Business and Small Farm Loans 

Report the number and amount currently outstanding as of the report date of business loans with “original amounts” 

of $1,000,000 or less and farm loans with “original amounts” of $500,000 or less. The following guidelines should be 

used to determine the “original amount” of a loan: (1) For loans drawn down under lines of credit or loan 

commitments, the “original amount” of the loan is the size of the line of credit or loan commitment when the line of 

credit or loan commitment was most recently approved, extended, or renewed prior to the report date. However, if 

the amount currently outstanding as of the report date exceeds this size, the “original amount” is the amount currently

outstanding on the report date. (2) For loan participations and syndications, the “original amount” of the loan 

participation or syndication is the entire amount of the credit originated by the lead lender. (3) For all other loans, the 

“original amount” is the total amount of the loan at origination or the amount currently outstanding as of the report 

date, whichever is larger.

Special Redemption

Special redemptions are designed to allow the issuer to retire a security earlier than scheduled, 

precluding interest from accruing during the remaining period. The amount of principal redeemed is 

limited to the amount that would have been retired at the next scheduled payment date. 

Specific Valuation Allowance

A valuation allowance representing an amount classified as a loss on specific assets. In the TFR, assets 

are reported net of specific valuation allowances. See Valuation Allowance. 

Spread

(1) The difference between interest income and interest expense. (2) The simultaneous purchase of one 

futures contract and sale of another, either different contract months or underlying instruments. One does 

this to try to profit from differing rates of change in different contract months or contracts, often due to 

changing market factors, such as, rising or falling rates, shifts in yield curve. 

Standard Prepayment Assumption

A commonly used prepayment model based on an assumed monthly rate of prepayment of the then 

current principal balance of a pool of new mortgage loans. 

Standby Letter of Credit

A letter of credit that can only be drawn against if a specified business transaction is not performed. 

Standbys

Non-binding commitments to make or take delivery of securities, commonly used in the mortgage market 

when dealing with Fannie Mae. 
THRIFT FINANCIAL REPORT INSTRUCTION MANUAL JUNE 2011

GLOSSARY 2253

Stock Dividend

See Dividend, Stock.

Strike Price

The price at which the holder of the call or put may exercise his right to purchase or sell the underlying 

futures contract. Synonymous with exercise price. 

Strip

A hedge transaction which involves selling or buying the same futures contract across several delivery 

months, such as, selling T-Bills for June, September, and December at the same time. The objective is to 

lengthen the effective hedging period. 

Strip Certificate

A certificate showing ownership of a fractional share of stock that can be converted into a full share when 

presented in amounts equal to a full share. 

Strip Hedge

The selling of a series of futures contracts with different maturities. The purpose is to lock in interest 

costs that vary based on the contract settlement date. 

Structured Securities

Debt securities with derivative-like characteristics that are issued by corporations and governmentsponsored enterprises (GSEs), including Freddie Mac, Fannie Mae, and the Federal Home Loan Banks. 

Structured notes take various forms and often contain complex rate-adjustment formulas and embedded 

options, such as, calls, caps, and collars.

Student Loan Marketing Association (Sallie Mae)

A government-sponsored private corporation created to increase the flow of funds into loans by facilitating 

the purchase of student loans in the secondary market.

Subordinate Organization

Any corporation, partnership, business trust, association, joint venture, pool, syndicate, or other similar 

business organization in which a savings association has a direct or indirect ownership interest. There is 

an exception when that ownership interest qualifies as a pass-through investment pursuant to 12 C.F.R. § 

560.32 and the savings association designates it as such.

Subordinated Debt

Obligations whose liquidation preference is inferior to that of other debt. 

Subprime Lending

Credit extended to borrowers exhibiting higher (frequently much higher) risk of default characteristics than 

traditional bank lending customers. Risk of default may be measured by traditional credit risk measures 

(credit/repayment history, debt-to-income levels, etc.) or by alternative measures such as credit scores. 

Subprime borrowers represent a broad spectrum of debtors ranging from those who have exhibited 

repayment problems due to an adverse event, such as job loss or medical emergency, to those who 

persistently mismanage their finances and debt obligations. Subprime lending does not include loans to 

borrowers who have had minor, temporary credit difficulties but are now current. 

Subsidiary

Any organization controlled by another organization. The OTS Subsidiary and Equity Investment Rule 

defines subsidiary as a consolidated subsidiary and refers generically to organizations under the control 

of a parent organization as subordinate organizations. See Consolidation.

Substandard

Describing conditions making a risk less desirable than normal for its class. A classification of assets 

under OTS Regulations. See Classified Assets.
JUNE 2011 THRIFT FINANCIAL REPORT INSTRUCTION MANUAL

2254 GLOSSARY

Super-Floater

An asset that has a variable rate that adjusts by a multiple of a change in an interest-rate index. Thus if 

the super-floater adjusts at 1.25 times the change in LIBOR, a decrease of two basis points in LIBOR 

would cause a decrease of 2.5 (2 x 1.25) basis points in the super-floater. Super-floater is most 

commonly used to describe CMO tranches that reprice based on a formula containing a multiple of the 

three-month LIBOR rate. 

Super Floating Rate Tranches

CMO tranches that have rates adjusting at some multiple of, and in the same direction as, an index such 

as LIBOR. 

Super Principal Only (P/O) Tranche

A long-term zero coupon, deep discount PAC that is the only support tranche of a PAC or TAC CMO. 

Supervisory Authority

The official or officials authorized by law to ensure that associations comply with the governing charter, 

statutes, and by-laws.

Supervisory Merger

The takeover of one savings association – typically an insolvent association – by another with our 

oversight. 

Suspense Account

A general ledger account used to hold over unposted items so the business day can balance at closing. 

Swap

An agreement between two parties to exchange a series of cash flows, one representing a fixed rate and 

the other a floating rate. In a currency swap, two parties contract to exchange the cash flows - of equal 

net present value of specific assets or liabilities that are expressed in different currencies. 

In the classic – widely known as plain vanilla – interest-rate swap, two parties contract to exchange 

interest service payments, and sometimes principal service payments, on the same amount of 

indebtedness of the same maturity with the same payment dates - one providing fixed interest-rate 

payments in return for variable-rate payments from the other and vice versa. Basis swaps – floating rate 

swaps based on different indices, such as prime against LIBOR – and combined interest rate and 

currency swaps, circus swaps, are also common. There are numerous variations involving many 

counterparts that result in highly complex swap transactions. 

t

T-Bill

Treasury Bill.

TAC

Targeted Amortization Class.

Tangible Capital

Our capital regulations define tangible capital as equity in accordance with GAAP, adjusted for unrealized 

gains and losses on certain available-for-sale securities, less investments in nonincludable subsidiaries, 

less goodwill and other intangible assets, less certain nonqualifying equity instruments, plus 

noncontrolling interest in includable consolidated subsidiaries, plus nonwithdrawable deposits of mutual 

associations. Our capital rule requires savings associations to hold a ratio of 1.5% tangible capital to 

tangible assets.

Tangible Net Worth

GAAP net worth less goodwill and other intangible assets. 
THRIFT FINANCIAL REPORT INSTRUCTION MANUAL JUNE 2011

GLOSSARY 2255

TBA

Abbreviation for future pools to be announced which are bought and sold for future settlement. To be 

announced refers to interest rates and due dates which are determined at a later date. Trading in these 

securities is done on a yield basis. 

TDR

Troubled Debt Restructuring.

Teaser Rate

The initial below-market interest rate offered on an adjustable-rate mortgage in return for the borrower 

sharing the risk of rising rates during the course of the loan.

Term Federal Funds

Federal funds with a term of more than one business day.

TFR

Thrift Financial Report.

Threshold Rate

Represents the rate established by management policy for a fixed-rate asset category above which new 

assets may be added and below which lower yielding assets will be sold. Should be tied to policies 

related to dollar volume and maturity limits. 

Thrift Financial Report

The financial report that we require of all savings associations under our jurisdiction; OTS Form 1313. 

Thrift Holding Company

See Holding Company.

Tick

Refers to a change in price, either up or down. Synonymous with minimum fluctuation.

Time Deposit

An interest-bearing deposit that will mature on a specific date. 

Time-Share Loan

A loan that enables a buyer to take part in a form of real property ownership that grants each of several 

owners the exclusive right to occupy a housing unit during a specified time period each year. These 

loans are reported as nonmortgage loans on the TFR.

Time Value

A portion of an option premium unrelated to buying and selling at a more favorable price. 

Trade

A term that indicates the consummation of a security transaction, either a purchase or a sale. 

Trade Date

The date a security transaction is actually executed. 

Trading Account

Securities that you intend to hold principally for the purpose of selling them in the near term. Trading 

activity includes frequent buying and selling of securities for the purpose of generating profits from price 

fluctuations. Securities in a trading account must be listed on financial reports at market value.

Tranche

Also called a class. CMOs generally have several bond classes; each bond is considered a separate 

tranche or class, each with different maturities and/or interest rates and accrual structures. 
JUNE 2011 THRIFT FINANCIAL REPORT INSTRUCTION MANUAL

2256 GLOSSARY

Troubled Debt Restructuring

A troubled debt restructuring occurs when the financial institution provides the borrower certain 

concessions that it would not normally consider. The concessions must be in light of the borrower’s 

financial difficulty, and the objective must be to maximize recovery of the institution’s investment. 

Troubled debt restructures are often, but not always, the result of legal proceedings or negotiations 

between the parties.

Troubled debt restructures include situations in which the reporting association accepts any one of the 

following:

 A note, secured or unsecured, from a third party in payment of its receivable from the borrower.

 The underlying collateral in payment of the loan, either through foreclosure, other transfer of title, or 

in-substance foreclosure.

 Other assets in payment of the loan.

 An equity interest in the borrower or its assets in lieu of its receivable.

 A modification of the terms of the debt including, but not limited to any of the following:

o Reduction in stated interest rate.

o Extension of maturity at an interest rate below market.

o Reduction in the face amount of the debt.

o Reduction in the accrued interest.

A foreclosure or other asset received in payment of a loan is TDR only if a loss is incurred. In calculating 

whether or not a loss occurred, the fair value of the foreclosed property is compared to the recorded 

investment in the receivable without deducting valuation allowances or charge-offs. 

Treasury Bill

A U.S. government short-term security sold to the public each week at a discount, maturing in 91 to 182 

days. 

Treasury Bond

See Bond, Treasury.

Treasury Note

A U.S. government long-term security, sold to the public, maturing in one to five years. 

Treasury Stock

Stock reacquired by the same company that issued it with the intention of subsequent resale or transfer, 

such as an Employee Stock Option Plan. 

u v

Unlimited Mortgage

An open-end mortgage; a mortgage not limited to a fixed amount. 

Unrealized Gain or Loss

A loss that you have not yet realized because the related asset has not yet been sold or disposed of.

VA

(1) Valuation Allowance. (2) Veterans’ Administration. 

Valuation Allowance

A contra-asset established against receivables and investments based on the amount expected to be 

collected. Valuation allowances are established for covering probable and estimably credit losses. See

Allowance for Loan and Lease Losses, Allowance, Specific Valuation Allowance, and General Valuation 

Allowance.
THRIFT FINANCIAL REPORT INSTRUCTION MANUAL JUNE 2011

GLOSSARY 2257

FFIEC 031 and 041 A-87 GLOSSARY (9-10) Trust Preferred Securities: As bank investments, trust preferred 

securities are hybrid instruments possessing characteristics typically associated with debt obligations. 

Although each issue of these securities may involve minor differences in terms, under the basic 

structure of trust preferred securities a corporate issuer, such as a bank holding company, first 

organizes a business trust or other special purpose entity. This trust issues two classes of securities: 

common securities, all of which are purchased and held by the corporate issuer, and trust preferred 

securities, which are sold to investors. The business trust’s only assets are deeply subordinated 

debentures of the corporate issuer, which the trust purchases with the proceeds from the sale of its 

common and preferred securities. The corporate issuer makes periodic interest payments on the 

subordinated debentures to the business trust, which uses these payments to pay periodic dividends 

on the trust preferred securities to the investors. The subordinated debentures have a stated maturity 

and may also be redeemed under other circumstances. Most trust preferred securities are subject to 

mandatory redemption upon the repayment of the debentures. 

Trust preferred securities meet the definition of a security in ASC Topic 320, Investments-Debt and Equity 

Securities (formerly FASB Statement No. 115, "Accounting for Certain Investments in Debt and Equity 

Securities"). Because of the mandatory redemption provision in the typical trust preferred security, 

investments in trust preferred securities would normally be considered debt securities for financial 

accounting purposes. Accordingly, regardless of the authority under which a bank is permitted to invest 

in trust preferred securities, banks should report these investments as debt securities for purposes of 

these reports (unless, based on the specific facts and circumstances of a particular issue of trust 

preferred securities, the securities would be considered equity rather than debt securities under ASC 

Topic 320). If not held for trading purposes, an investment in trust preferred securities issued by a 

single U.S. business trust should be reported in Schedule RC-B, item 6.a, “Other domestic debt 

securities.” If not held for trading purposes, an investment in a structured financial product, such as a 

collateralized debt obligation, for which the underlying collateral is a pool of trust preferred securities 

issued by U.S. business trusts should be reported in Schedule RC-B, item 5.b.(1), “Cash instruments,” 

and in the appropriate subitem of Schedule RC-B, Memorandum item 6, “Structured financial products 

by underlying collateral or reference assets.” 

U.S. Banks: See "banks, U.S. and foreign." 

U.S. Territories and Possessions: United States territories and possessions include American Samoa, 

Guam, the Northern Mariana Islands, and the U.S. Virgin Islands. 

Valuation Allowance: In general, a valuation allowance is an account established against a specific 

asset category or to recognize a specific liability, with the intent of absorbing some element of 

estimated loss. Such allowances are created by charges to expense in the Report of Income and those 

established against asset accounts are netted from the accounts to which they relate for presentation in 

the Report of Condition. Provisions establishing or augmenting such allowances are to be reported as 

"Other noninterest expense" except for the provision for loan and lease losses which is reported in a 

separate, specifically designated income statement item on Schedule RI. 

Variable Interest Entity

A variable interest entity (VIE), as described in ASC Subtopic 810-10, Consolidation – Overall (formerly 

FASB Interpretation No.46 (revised December 2003), “Consolidation of Variable Interest Entities,” as 

amended by FASB Statement No. 167, "Amendments to FASB Interpretation No. 46(R)”), is an entity in 

which equity investors do not have sufficient equity at risk for that entity to finance its activities without 

additional subordinated financial support or, as a group, the holders of the equity investment at risk lack 

one or more of the following three characteristics: (a) the power, through voting rights or similar rights, to 

direct the activities of an entity that most significantly impact the entity’s economic performance, (b) the 

obligation to absorb the expected losses of the entity, or (c) the right to receive the expected residual 

returns of the entity. 

Variable interests in a VIE are contractual, ownership, or other pecuniary interests in an entity that 

change with changes in the fair value of the entity’s net assets exclusive of variable interests. For 

example, equity ownership in a VIE would be a variable interest as long as the equity ownership is 

considered to be at risk of loss. 
JUNE 2011 THRIFT FINANCIAL REPORT INSTRUCTION MANUAL

2258 GLOSSARY

ASC Subtopic 810-10 provides guidance for determining when a bank or other company must consolidate 

certain special purposes entities, such as VIEs. Under ASC Subtopic 810-10, a savings association must 

perform a qualitative assessment to determine whether it has a controlling financial interest in a VIE. This 

must include an assessment of the characteristics of the savings association’s variable interest or 

interests and other involvements (including involvement of related parties and de facto agents), if any, in 

the VIE, as well as the involvement of other variable interest holders. The assessment must also consider 

the entity’s purpose and design, including the risks that the entity was designed to create and pass 

through to its variable interest holders. In making this assessment, only substantive terms, transactions, 

and arrangements, whether contractual or noncontractual, are to be considered. Any term, transaction, or 

arrangement that does not have a substantive effect on an entity’s status as a VIE, the savings 

association’s power over a VIE, or the savings association’s s obligation to absorb losses or its right to 

receive benefits of the VIE are to be disregarded when applying the provisions of ASC Subtopic 810-10. 

If a savings association has a controlling financial interest in a VIE, it is deemed to be the primary 

beneficiary of the VIE and, therefore, must consolidate the VIE. An entity is deemed to have a controlling 

financial interest in a VIE if it has both of the following characteristics: 

 The power to direct the activities of a variable interest entity that most significantly impact the 

entity’s economic performance. 

 The obligation to absorb losses of the entity that could potentially be significant to the variable 

interest entity or the right to receive benefits from the entity that could potentially be significant to 

the variable interest entity. 

If a savings association holds a variable interest in a VIE, it must reassess each reporting period to 

determine whether it is the primary beneficiary. Based on a savings association’s reassessment it may 

be required to consolidate or deconsolidate the VIE if a change in the savings association’s status as the 

primary beneficiary has occurred. 

ASC Subtopic 810-10 provides guidance on the initial measurement of a VIE that the primary beneficiary 

must consolidate. For example, if the primary beneficiary and the VIE are not under common control, the 

initial consolidation of a VIE that is a business is a business combination and must be accounted for in 

accordance with ASC Topic 805, Business Combinations (formerly FASB Statement No. 141 (revised 

2007), "Business Combinations"). If a bank is required to deconsolidate a VIE, it must follow the guidance 

for deconsolidating subsidiaries in ASC Subtopic 810-10 (formerly FASB Statement No. 160, 

“Noncontrolling Interests in Consolidated Financial Statements”). 

When a savings association is required to consolidate a VIE because it is the primary beneficiary, the 

standard principles of consolidation apply after initial measurement (see “Rules of Consolidation” in the 

General Instructions). The assets and liabilities of consolidated VIEs should be reported on the 

Consolidated Statement of Condition (Schedule SC) in the balance sheet category appropriate to the 

asset or liability. 

Variable Rate

An interest rate on an asset or liability that can be repriced periodically when market interest rates 

change, without regard to maturity. Also called “floating rate”. See Adjustable Rate Mortgage. 

Variation Margin

See Maintenance Margin.

Voting Stock

Stock for which the holder has the right to vote in the election of directors, the appointment of auditors, 

and other matters brought up at the annual stockholders’ meeting. Most common stock is voting stock; 

most preferred stock is nonvoting stock. 

wxyz

Warehouse Loan

A short-term line of credit used by mortgage bankers to fund loans prior to sale. Financial institutions that 

hold loans as collateral until collateral is delivered to the investor usually provide this type of credit. 
THRIFT FINANCIAL REPORT INSTRUCTION MANUAL JUNE 2011

GLOSSARY 2259

Warehousing

Inventory financing. See Warehouse Loan.

Weighted Average Coupon (WAC)

The WAC is calculated as a weighted-average of the underlying mortgage interest rates as of the issue 

date, using the balance of each mortgage as the weighting factor. A WAC is needed only when the 

underlying mortgages have varying interest rates. 

Weighted Average Maturity (WAM)

The weighted average is the remaining term to maturity of the underlying mortgages at the issue date, 

using the balance of each mortgage as the weighting factor. 

Weighted Average Remaining Term

The remaining term to maturity over time as the security ages. This number can be calculated at any 

point in time. Sometimes weighted average remaining term is mistaken for the weighted average 

maturity, which is the remaining term at the issue date. The weighted average remaining term must be 

recalculated each month and is impacted by prepayments. 

Whole Loans

Mortgages that are not divided into participation units or pooled to back securities or participation 

certificates. 

Whole Pools

A mortgage certificate where ownership is represented by an entire pool of mortgage loans, as opposed 

to a fractional interest in a pool. 

With Recourse

An agreement where the seller assumes a stated level of risk for the performance of the asset sold; the 

purchaser has the right to endorse a claim against the seller for sustained damages in the case of 

nonperformance. See Recourse.

Without Recourse

An agreement where the purchaser accepts all risks in the transaction, and gives up rights to any 

recourse. See Recourse.

Wraparound Mortgages

A second mortgage that wraps around, or exists in addition to, a first or other mortgage(s). The lender 

assumes the existing mortgage(s) thus continues to pay the monthly installments at the original lower 

interest rate(s), and also loans the purchaser additional money to meet the higher purchase price 

specified in the contract. The rate charged to the purchaser on the total mortgage amounts is higher than 

the original rate. This type of mortgage allows the terms of the original mortgage to be satisfied, 

compensates the seller for the sale of his or her investment, and allows the buyer to purchase a home. 

The wraparound lender benefits from the below-market rates of the existing mortgage that the lender has 

assumed while charging the purchaser a higher rate on the full loan. 

Wraparound mortgages are also used as a method of obtaining refinancing when an owner wants to 

increase the amount of mortgage outstanding. In this case the lender assumes the existing mortgage 

and the borrower enters into a loan in an amount covering both the old mortgage and the additional funds 

disbursed. 

Write-Off

An asset or portion of an asset charged off as a loss because it is determined to be uncollectable. See

Charge-off. 

Write-Up

Increasing an asset’s book value by adjusting the value of an asset to correspond to an appraisal or 

market value. Unrealized gains.
JUNE 2011 THRIFT FINANCIAL REPORT INSTRUCTION MANUAL

2260 GLOSSARY

Year-End Adjustment

A ledger account modification entered at the close of a fiscal period. The modification might be the result 

of an accrual, prepayment, physical inventory, reclassification, policy change, audit adjustment, or other 

entry.

Yield

The effective annual rate of income being accrued on an investment, expressed as a percentage of the 

original price. 

Yield Adjustment

A portion of the purchase price of an asset that is an adjustment to interest over a specified period, 

typically over the life of the asset. A yield adjustment is set up in a separate account from the asset and 

is accreted to income at a rate similar to interest. Examples: Discounts and premiums, loan fees, prepaid 

interest, etc.

Yield to Maturity

The rate of return earned by a debt instrument held to maturity. The rate of return calculates interest 

payments reinvested at the coupon rate, and factors in capital gains or losses. 

YTD

Year-to-date. Generally designates that income figures are for the year up to a given date, rather than for 

a shorter period such as a month or a quarter.

Zero Rate

A type of asset or liability that bears no interest. Examples: Commercial checking accounts and vault 

cash. 

Zero-Coupon Bond

See Bond, Zero Coupon.