Federal Register / Vol. 83, No. 5 / Monday, January 8, 2018 / Notices 939 

Summit County Fiscal Office and a 

southeasterly corner of said AkronCanton Regional Airport Authority 

parcel; 

Thence N 01°37′33′′ E along the 

easterly line of said Akron-Canton 

Regional Airport Authority parcel and 

the westerly line of said Overhead Door 

Corporation parcel, a distance of 499.21 

feet to a 5⁄8 inch rebar found at the 

northwesterly corner of said Overhead 

Door Corporation parcel (passing over a 

5⁄8 inch rebar found on the north right 

of way line of said Greensburg Road at 

61.25 feet), and being the True Place Of 

Beginning for the parcel herein 

described; 

1. Thence N 01°37′33′′ E on a new 

lease line and along the northerly 

extension of said westerly line of said 

Overhead Door Corporation parcel, a 

distance of 489.57 feet to a point on the 

easterly line of an area designated by 

said Akron-Canton Regional Airport 

Authority as ‘‘RUNWAY 19 APPROACH 

AND PROTECTION ZONE (19 RPZ)’’; 

2. Thence N 10°18′22′′ E on a new 

lease line and along the easterly line of 

said ‘‘19 RPZ’’, a distance of S 10.67 feet 

to a point on the southwesterly existing 

limited-access right of way line of 

Interstate 77 and the northeasterly line 

of said Akron-Canton Regional Airport 

Authority parcel; 

3. Thence S 33°57′37′′ E along the 

northeasterly line of said Akron-Canton 

Regional Airport Authority parcel and 

said limited access right of way line of 

Interstate 77, a distance of 554.65 feet to 

a 5⁄8 inch iron bar found at the northeast 

corner of said Akron-Canton Regional 

Airport Authority parcel and the 

northwest corner of a 7.706 acre parcel 

conveyed to Canton Green, LLC by 

Reception Number 55538275 of the 

Summit County Fiscal Office. 

4. Thence S 01°37′33′′ W along the 

easterly line of said Akron-Canton 

Regional Airport Authority parcel the 

westerly line of said Canton Green, LLC 

parcel, a distance of 542.51 feet to a 3⁄4

inch iron pipe found at a southeast 

corner of said Akron-Canton Regional 

Airport Authority parcel and the 

northeast corner of a 1.04 acre parcel 

conveyed to Akron Canton Regional 

Airport Authority by Reception Number 

54282080 of the Summit County Fiscal 

Office; 

5. Thence N 88°29′31′′ W along the 

northerly line of said 1.04 acre AkronCanton Regional Airport Authority 

parcel and the northerly line of said 

Overhead Door Corporation parcel, a 

distance of 399.84 feet (passing over a 

3⁄4 inch iron pipe found at 184.77 feet) 

to the True Place of Beginning, and 

containing 7.006 acres more or less, of 

which 0.000 acres are within the road 

right of way, subject to all easements 

and right of ways of record or as 

otherwise established. This description 

is based on a field survey performed 

under the direction of Adam R. Zearley, 

P. S. #8594 of Hammontree & 

Associates, Limited, Engineers, 

Planners, and Surveyors of North 

Canton, Ohio in June, 2016. 

The basis of bearings for this 

description the Ohio State Plane 

Coordinate System, Ohio North Zone, 

NAD83 (2011), Geoid 12A. 

Issued in Romulus, Michigan, on 

November 30, 2017. 

John L. Mayfield, Jr., 

Manager, Detroit Airports District Office, 

FAA, Great Lakes Region. 

[FR Doc. 2018–00129 Filed 1–5–18; 8:45 am] 

BILLING CODE 4910–13–P 

DEPARTMENT OF THE TREASURY 

Office of the Comptroller of the 

Currency 

FEDERAL RESERVE SYSTEM 

FEDERAL DEPOSIT INSURANCE 

CORPORATION 

Agency Information Collection 

Activities: Submission for OMB 

Review; Joint Comment Request 

AGENCY: Office of the Comptroller of the 

Currency (OCC), Treasury; Board of 

Governors of the Federal Reserve 

System (Board); and Federal Deposit 

Insurance Corporation (FDIC). 

ACTION: Joint notice and request for 

comment. 

SUMMARY: In accordance with the 

requirements of the Paperwork 

Reduction Act (PRA) of 1995, the OCC, 

the Board, and the FDIC (the 

‘‘agencies’’) may not conduct or 

sponsor, and the respondent is not 

required to respond to, an information 

collection unless it displays a currently 

valid Office of Management and Budget 

(OMB) control number. On June 27, 

2017, the agencies, under the auspices 

of the Federal Financial Institutions 

Examination Council (FFIEC), requested 

public comment for 60 days on a 

proposal to revise the Consolidated 

Reports of Condition and Income for a 

Bank with Domestic and Foreign Offices 

(FFIEC 031), the Consolidated Reports 

of Condition and Income for a Bank 

with Domestic Offices Only (FFIEC 

041), and the Consolidated Reports of 

Condition and Income for a Bank with 

Domestic Offices Only and Total Assets 

Less than $1 Billion (FFIEC 051), which 

are currently approved collections of 

information. The Consolidated Reports 

of Condition and Income are commonly 

referred to as the Call Report. The 

proposed revisions to the FFIEC 031, 

FFIEC 041, and FFIEC 051 Call Reports 

would result in an overall reduction in 

burden. 

The comment period for the June 

2017 notice ended on August 28, 2017. 

As described in the SUPPLEMENTARY

INFORMATION section, after considering 

the comments received on the proposal, 

the FFIEC and the agencies will proceed 

with the proposed reporting revisions to 

the FFIEC 031, FFIEC 041, and FFIEC 

051. These reporting revisions relate to 

the deletion or consolidation of a large 

number of items, the raising of certain 

reporting thresholds, and a reduction in 

reporting frequency for a number of 

items. For small institutions filing the 

FFIEC 051 report, these changes affect 

approximately seven percent of the data 

items collected. The agencies will also 

proceed with the scope revision to the 

FFIEC 031 and FFIEC 041 reports to 

require all institutions with 

consolidated total assets of $100 billion 

or more, regardless of whether an 

institution has any foreign offices, to file 

the FFIEC 031. However, the agencies 

will delay the effective date of these 

reporting revisions and scope revision 

until the June 30, 2018, report date, 

rather than implementing them as of the 

March 31, 2018, report date, as 

originally proposed. 

In addition, the agencies will proceed 

with the revisions to address the 

changes in the accounting for equity 

investments, with some modifications to 

the proposal in response to comments 

received. The effective date for these 

revisions would be the March 31, 2018, 

report date, as originally proposed, to 

coincide with the first reporting period 

in which the accounting changes will be 

adopted under U.S. generally accepted 

accounting principles (GAAP) by certain 

reporting institutions. Finally, because 

of concerns raised by commenters 

regarding the proposed revisions to the 

definition of ‘‘past due’’ assets for 

regulatory reporting purposes, the 

agencies are giving further consideration 

to this proposal, including its effect on 

and relationship to other regulatory 

reporting requirements, and are not 

proceeding with this proposed revision 

at this time. 

The agencies are giving notice that 

they have sent the collection to OMB for 

review. 

DATES: Comments must be submitted on 

or before February 7, 2018. 

ADDRESSES: Interested parties are 

invited to submit written comments to 

any or all of the agencies. All comments, 


sradovich on DSK3GMQ082PROD with NOTICES
940 Federal Register / Vol. 83, No. 5 / Monday, January 8, 2018 / Notices 

which should refer to the OMB control 

number(s), will be shared among the 

agencies. 

OCC: You may submit comments, 

which should refer to ‘‘FFIEC 031, 

FFIEC 041, and FFIEC 051,’’ by any of 

the following methods: 

• Email: prainfo@occ.treas.gov. 

• Fax: (571) 465–4326. 

• Mail: Legislative and Regulatory 

Activities Division, Office of the 

Comptroller of the Currency, 400 7th 

Street SW, Suite 3E–218, Washington, 

DC 20219. 

All comments received, including 

attachments and other supporting 

materials, are part of the public record 

and subject to public disclosure. Do not 

include any information in your 

comment or supporting materials that 

you consider confidential or 

inappropriate for public disclosure. 

You may personally inspect and 

photocopy comments at the OCC, 400 

7th Street SW, Washington, DC 20219. 

For security reasons, the OCC requires 

that visitors make an appointment to 

inspect comments. You may do so by 

calling (202) 649–6700 or, for persons 

who are deaf or hearing impaired, TTY, 

(202) 649–5597. Upon arrival, visitors 

will be required to present valid 

government-issued photo identification 

and submit to security screening in 

order to inspect and photocopy 

comments. 

Board: You may submit comments, 

which should refer to ‘‘FFIEC 031, 

FFIEC 041, and FFIEC 051,’’ by any of 

the following methods: 

• Agency website: http://

www.federalreserve.gov. Follow the 

instructions for submitting comments at: 

http://www.federalreserve.gov/general

info/foia/ProposedRegs.cfm. 

• Federal eRulemaking Portal: http:// 

www.regulations.gov. Follow the 

instructions for submitting comments. 

• Email: regs.comments@

federalreserve.gov. Include the reporting 

form numbers in the subject line of the 

message. 

• Fax: (202) 452–3819 or (202) 452– 

3102. 

• Mail: Ann E. Misback, Secretary, 

Board of Governors of the Federal 

Reserve System, 20th Street and 

Constitution Avenue NW, Washington, 

DC 20551. 

All public comments are available 

from the Board’s website at 

www.federalreserve.gov/generalinfo/ 

foia/ProposedRegs.cfm as submitted, 

unless modified for technical reasons. 

Accordingly, your comments will not be 

edited to remove any identifying or 

contact information. Public comments 

may also be viewed electronically or in 

paper form in Room 3515, 1801 K Street 

NW (between 18th and 19th Streets 

NW), Washington, DC 20006 between 

9:00 a.m. and 5:00 p.m. on weekdays. 

FDIC: You may submit comments, 

which should refer to ‘‘FFIEC 031, 

FFIEC 041, and FFIEC 051,’’ by any of 

the following methods: 

• Agency website: https://

www.fdic.gov/regulations/laws/federal/. 

Follow the instructions for submitting 

comments on the FDIC’s website. 

• Federal eRulemaking Portal: 

https://www.regulations.gov. Follow the 

instructions for submitting comments. 

• Email: comments@FDIC.gov. 

Include ‘‘FFIEC 031, FFIEC 041, and 

FFIEC 051’’ in the subject line of the 

message. 

• Mail: Manuel E. Cabeza, Counsel, 

Attn: Comments, Room MB–3007, 

Federal Deposit Insurance Corporation, 

550 17th Street NW, Washington, DC 

20429. 

• Hand Delivery: Comments may be 

hand delivered to the guard station at 

the rear of the 550 17th Street Building 

(located on F Street) on business days 

between 7:00 a.m. and 5:00 p.m. 

Public Inspection: All comments 

received will be posted without change 

to https://www.fdic.gov/regulations/ 

laws/federal/ including any personal 

information provided. Paper copies of 

public comments may be requested from 

the FDIC Public Information Center by 

telephone at (877) 275–3342 or (703) 

562–2200. 

Additionally, commenters may send a 

copy of their comments to the OMB 

desk officer for the agencies by mail to 

the Office of Information and Regulatory 

Affairs, U.S. Office of Management and 

Budget, New Executive Office Building, 

Room 10235, 725 17th Street NW, 

Washington, DC 20503; by fax to (202) 

395–6974; or by email to oira_

submission@omb.eop.gov. 

FOR FURTHER INFORMATION CONTACT: For 

further information about the proposed 

revisions to the Call Report discussed in 

this notice, please contact any of the 

agency staff whose names appear below. 

In addition, copies of the Call Report 

forms can be obtained at the FFIEC’s 

website (https://www.ffiec.gov/ffiec_

report_forms.htm). 

OCC: Kevin Korzeniewski, Counsel, 

(202) 649–5490, or for persons who are 

deaf or hearing impaired, TTY, (202) 

649–5597, Legislative and Regulatory 

Activities Division, Office of the 

Comptroller of the Currency, 400 7th 

Street SW, Washington, DC 20219. 

Board: Nuha Elmaghrabi, Federal 

Reserve Board Clearance Officer, (202) 

452–3884, Office of the Chief Data 

Officer, Board of Governors of the 

Federal Reserve System, 20th and C 

Streets NW, Washington, DC 20551. 

Telecommunications Device for the Deaf 

(TDD) users may call (202) 263–4869. 

FDIC: Manuel E. Cabeza, Counsel, 

(202) 898–3767, Legal Division, Federal 

Deposit Insurance Corporation, 550 17th 

Street NW, Washington, DC 20429. 

SUPPLEMENTARY INFORMATION: The 

agencies propose revisions to data items 

reported on the FFIEC 031, FFIEC 041, 

and FFIEC 051 Call Reports. 

Report Title: Consolidated Reports of 

Condition and Income (Call Report). 

Form Numbers: FFIEC 031 (for banks 

and savings associations with domestic 

and foreign offices), FFIEC 041 (for 

banks and savings associations with 

domestic offices only), and FFIEC 051 

(for banks and savings associations with 

domestic offices only and total assets 

less than $1 billion). 

Frequency of Response: Quarterly. 

Affected Public: Business or other forprofit. 

OCC: 

OMB Control No.: 1557–0081. 

Estimated Number of Respondents: 

1,297 national banks and federal savings 

associations. 

Estimated Average Burden per 

Response: 47.70 burden hours per 

quarter to file. 

Estimated Total Annual Burden: 

247,468 burden hours to file. 

Board: 

OMB Control No.: 7100–0036. 

Estimated Number of Respondents: 

823 state member banks. 

Estimated Average Burden per 

Response: 51.85 burden hours per 

quarter to file. 

Estimated Total Annual Burden: 

170,690 burden hours to file. 

FDIC: 

OMB Control No.: 3064–0052. 

Estimated Number of Respondents: 

3,668 insured state nonmember banks 

and state savings associations. 

Estimated Average Burden per 

Response: 45.62 burden hours per 

quarter to file. 

Estimated Total Annual Burden: 

669,337 burden hours to file. 

The proposed burden-reducing 

revisions to the Call Reports are the 

result of an ongoing effort by the 

agencies to reduce the burden 

associated with their preparation and 

filing and, as detailed in Appendices B, 

C, and D, achieve burden reductions by 

the removal or consolidation of 

numerous items, the raising of certain 

reporting thresholds, and a reduction in 

reporting frequency for certain items. 

The proposed revisions to the reporting 

of equity investments are consistent 

with changes in the accounting 


sradovich on DSK3GMQ082PROD with NOTICES
Federal Register / Vol. 83, No. 5 / Monday, January 8, 2018 / Notices 941 

1See 82 FR 2444. 

2See 82 FR 29147 (June 27, 2017). 

3See 80 FR 56539 (September 18, 2015), 81 FR 

45357 (July 13, 2016), 81 FR 54190 (August 15, 

2016), and 82 FR 2444 (January 9, 2017). 

standards applicable to such 

investments. 

The estimated average burden hours 

collectively reflect the estimates for the 

FFIEC 031, the FFIEC 041, and the 

FFIEC 051 reports. When the estimates 

are calculated by type of report across 

the agencies, the estimated average 

burden hours per quarter are 123.06 

(FFIEC 031), 57.71 (FFIEC 041), and 

39.38 (FFIEC 051). The burden hours for 

the currently approved reports are 

128.05 (FFIEC 031), 74.88 (FFIEC 041), 

and 44.94 (FFIEC 051),1 so the revisions 

in this notice would represent a 

reduction in estimated average burden 

hours per quarter by 4.99 (FFIEC 031), 

17.17 (FFIEC 041), and 5.56 (FFIEC 

051). The estimated burden per 

response for the quarterly filings of the 

Call Report is an average that varies by 

agency because of differences in the 

composition of the institutions under 

each agency’s supervision (e.g., size 

distribution of institutions, types of 

activities in which they are engaged, 

and existence of foreign offices). 

Type of Review: Revision and 

extension of currently approved 

collections. 

General Description of Reports 

These information collections are 

mandatory pursuant to 12 U.S.C. 161 

(for national banks), 12 U.S.C. 324 (for 

state member banks), 12 U.S.C. 1817 (for 

insured state nonmember commercial 

and savings banks), and 12 U.S.C. 1464 

(for federal and state savings 

associations). At present, except for 

selected data items and text, these 

information collections are not given 

confidential treatment. 

Abstract 

Institutions submit Call Report data to 

the agencies each quarter for the 

agencies’ use in monitoring the 

condition, performance, and risk profile 

of individual institutions and the 

industry as a whole. Call Report data 

serve a regulatory or public policy 

purpose by assisting the agencies in 

fulfilling their missions of ensuring the 

safety and soundness of financial 

institutions and the financial system 

and the protection of consumer 

financial rights, as well as agencyspecific missions affecting federal and 

state-chartered institutions, e.g., 

monetary policy, financial stability, and 

deposit insurance. Call Reports are the 

source of the most current statistical 

data available for identifying areas of 

focus for on-site and off-site 

examinations. The agencies use Call 

Report data in evaluating institutions’ 

corporate applications, including, in 

particular, interstate merger and 

acquisition applications for which, as 

required by law, the agencies must 

determine whether the resulting 

institution would control more than 10 

percent of the total amount of deposits 

of insured depository institutions in the 

United States. Call Report data also are 

used to calculate institutions’ deposit 

insurance and Financing Corporation 

assessments and national banks’ and 

federal savings associations’ semiannual 

assessment fees. 

Current Actions 

I. Introduction 

On June 27, 2017, the agencies 

requested comment for 60 days on a 

proposal to revise the existing Call 

Report requirements (FFIEC 031, FFIEC 

041, and FFIEC 051).2 The June 2017 

proposal, as well as the creation of the 

FFIEC 051 and other recent revisions to 

the FFIEC 031 and FFIEC 041, are the 

result of a formal initiative launched by 

the FFIEC in December 2014 to identify 

potential opportunities to reduce 

burden associated with Call Report 

requirements for community 

institutions. The most significant 

actions under this initiative are 

community institution outreach efforts, 

internal surveys of users of Call Report 

data at FFIEC member entities, and the 

implementation of a streamlined Call 

Report for small institutions. A 

summary of the FFIEC member entities’ 

uses of the data items retained in the 

Call Report schedules subject to the 

reporting revisions in this proposal is 

included in Appendix A, which is 

repeated from the June 2017 notice with 

nonsubstantive technical corrections. 

Additional information about the 

initiative can be found in the June 2017 

notice and in four earlier notices related 

to actions taken under this initiative.3

The comment period for the June 

2017 notice ended on August 28, 2017. 

General comments on the notice are 

summarized in Section II. In Section III, 

the agencies provide more details on the 

comments received and any changes the 

agencies are making in response to those 

comments. Section IV discusses the 

timing for implementing the proposed 

revisions to the Call Report. 

II. General Comments on the Proposed 

Call Report Revisions 

The agencies collectively received 

comments on the proposal from 13 

entities, including banking 

organizations, bankers’ associations, and 

a government entity. General comments 

and recommendations on the FFIEC 

031, FFIEC 041, and FFIEC 051 Call 

Reports are included in this section. The 

agencies provide information regarding 

comments on specific aspects of the 

proposed revisions to the Call Reports 

in more detail in Section III. 

A. Comments on the Overall Proposal 

and the Burden-Reduction Initiative 

Commenters expressed mixed 

opinions on the June 2017 notice and 

the agencies’ Call Report burdenreduction initiatives to date. Seven 

commenters representing banking 

organizations and bankers’ associations 

supported the effort put forth by the 

agencies. One bankers’ association 

stated that it ‘‘appreciates the time and 

effort the FFIEC has devoted to 

identifying opportunities to reduce the 

burdens associated with the Call Report 

requirements.’’ The commenter went on 

to say that the removal or change in 

reporting frequency of line items or 

increase to reporting thresholds ‘‘serves 

as needed clean-up of the Call Report.’’ 

Three banking organizations also 

‘‘appreciate’’ the agencies’ initiatives 

focused on reducing the burden 

associated with the Call Reports. The 

government entity stated it uses certain 

data items in the Call Report in 

preparing national economic reports, 

and encouraged the agencies to continue 

collecting those items. 

On the other hand, the majority of the 

comment letters asserted that the 

proposed revisions to the Call Reports 

would provide no real savings in effort 

or cost for smaller institutions and that 

the overall reduction in burden is of 

limited value to such institutions. One 

of the banking organizations and two of 

the bankers’ associations further 

indicated that reducing reporting 

frequency would provide only ‘‘limited 

relief.’’ These commenters noted that 

regardless of whether cumulative data is 

reported every quarter or every six 

months, institutions would still need to 

gather the data on a quarterly basis in 

order to produce the reported data on a 

semiannual basis. Two bankers’ 

associations responded that combining 

data items also would not provide any 

relief to institutions, because processes 

are already in place to gather the 

information separately. One banking 

organization and one bankers’ 

association stated that the proposed 

revisions would increase burden due to 

the system changes that would be 

necessary to modify the processes 

currently in place, such as deactivating 

or reactivating each quarter the 

reporting of data items that would 


sradovich on DSK3GMQ082PROD with NOTICES
942 Federal Register / Vol. 83, No. 5 / Monday, January 8, 2018 / Notices 

4This review is mandated by section 604 of the 

Financial Services Regulatory Relief Act of 2006 (12 

U.S.C. 1817(a)(11)). 

5The CDR is a secure, shared application for 

collecting, managing, validating, and distributing 

data reported in the Call Report and the FDIC’s 

annual Summary of Deposits survey (OMB No. 

3064–0061). The CDR also processes and distributes 

the Uniform Bank Performance Report. 

6See 82 FR 2444 (January 9, 2017). 

7Consolidated Financial Statements for Holding 

Companies, OMB No. 7100–0128. 

change from a quarterly to a semiannual 

or annual reporting frequency. 

The agencies recognize that not all 

institutions would see an immediate 

and large reduction in burden from the 

proposed revisions in the June 2017 

notice. However, reducing the frequency 

of collection for certain data items or 

consolidating existing data items into 

fewer data items would result in 

institutions spending less time 

completing the Call Report since there 

would be fewer items to review prior to 

each quarterly submission. Also, an 

institution would have fewer 

instructions to review to determine 

whether it has reportable (nonzero) 

amounts. To the extent that an 

institution currently tracks granular data 

items that are proposed to be 

consolidated, there may be limited 

burden relief from consolidating the 

items. However, institutions that 

currently track data at an aggregate level 

and then must allocate that amount to 

the existing subcategories every quarter 

would see additional burden relief. 

Accordingly, these changes represent 

meaningful Call Report burden relief to 

institutions that do not engage in 

complex activities. 

Furthermore, as previously 

mentioned, internal surveys of users of 

Call Report data at FFIEC member 

entities, including staff of the agencies, 

were one of the significant actions 

under the FFIEC’s community bank Call 

Report burden-reduction initiative. The 

survey responses have been the 

foundation for the statutorily mandated 

review of the existing Call Report data 

items 4 that the agencies have been 

conducting over the course of the 

burden-reduction initiative. After 

completing this review, the statute 

directs the agencies to ‘‘reduce or 

eliminate any requirement to file 

information or schedules . . . (other 

than information or schedules that are 

otherwise required by law)’’ if the 

agencies determine that ‘‘the continued 

collection of such information or 

schedules is no longer necessary or 

appropriate.’’ The findings from the 

agencies’ review revealed that certain 

information is no longer needed from 

some or all institutions, either on a 

quarterly basis or at all, and that the 

current level of detail is no longer 

needed from some or all institutions in 

certain Call Report schedules. 

Accordingly, for those Call Report data 

items for which the results of the 

statutorily mandated review have 

triggered these conclusions, the agencies 

are removing, consolidating, or reducing 

the reporting frequency of, or creating a 

new or increased reporting threshold 

for, the affected Call Report data items 

notwithstanding any system changes 

that institutions would need to make in 

response to these reporting changes. 

Finally, in an effort to address the 

concerns of institutions relating to the 

proposed reductions in frequency from 

quarterly to semiannual, the agencies 

note that the FFIEC’s Central Data 

Repository (CDR) 5 allows institutions to 

submit data quarterly, even if the data 

items are only required to be reported 

semiannually or annually. This will 

permit institutions to choose to avoid 

any perceived burden needed to reduce 

the reporting frequency from the 

quarterly frequency required in the 

existing Call Report. 

B. General Recommendations From 

Commenters 

Three commenters suggested the 

agencies adopt a ‘‘short-form’’ Call 

Report to be filed for at least two 

quarters of the year. The short-form Call 

Report recommended by two of these 

commenters would consist only of an 

institution’s balance sheet, income 

statement, and statement of changes in 

equity capital. The institution would 

file a full Call Report including all 

supporting schedules in the second and 

fourth quarters, and the short-form Call 

Report in the first and third quarters. 

The third commenter recommended 

including a limited number of 

additional schedules in the first and 

third quarters to report more detailed 

information on loans and regulatory 

capital, with additional schedules filed 

in the second and fourth quarters. 

While the agencies understand the 

commenters’ desire for a short-form Call 

Report, the agencies did not adopt this 

suggestion for the reasons noted in 

response to the comment letters 

received on the August 2016 proposal 

for a streamlined Call Report for small 

institutions.6 Most notably, in addition 

to the basic financial statements, the 

most streamlined quarterly report 

possible must also include data items 

required by law or regulation, along 

with quarterly data necessary for 

adequate supervision by the agencies. 

Furthermore, the agencies leverage a 

significant amount of the data reported 

quarterly in the more detailed general 

and supplemental Call Report schedules 

when conducting off-site monitoring 

and determining the scope and 

frequency of on-site examinations. 

Limiting the information collected on 

these schedules to semiannual could 

significantly impair the agencies’ 

supervisory planning and review 

processes and potentially lead to a less 

efficient use of supervisory resources. 

One commenter recommended that 

the FFIEC establish an industry advisory 

committee to develop advice and 

guidance on the Call Report and 

establish a regular forum to address 

technical questions and new changes to 

the Call Report. In response, the 

agencies plan to continue to offer 

outreach in connection with significant 

revisions to the Call Report, as they did 

with the adoption of the revised 

Schedule RC–R, Regulatory Capital, and 

with the implementation of the FFIEC 

051. The agencies also receive and 

respond to a number of questions from 

individual institutions each quarter. 

Issues that could affect multiple 

institutions are often addressed through 

the Call Report Supplemental 

Instructions published quarterly or 

updates to the Call Report instruction 

book published as needed. Consistent 

with the PRA, the agencies also offer an 

opportunity for members of the banking 

industry to comment on proposed 

changes to the Call Report or to make 

any additional suggestions for 

improving, streamlining, or clarifying 

the Call Report. 

One commenter recommended that 

the agencies align the proposed 

revisions in the Call Report with 

revisions to the FR Y–9C report for 

holding companies.7 The commenter 

stated that having differences in 

reporting between the Call Report and 

FR Y–9C can create burden for reporting 

firms. The agencies agree that aligning 

proposed revisions in the Call Report 

with proposed revisions to comparable 

data items collected in the consolidated 

FR Y–9C report would reduce burden 

for reporting holding companies. The 

Board will take this comment into 

consideration when it develops 

proposed revisions to the FR Y–9C 

report. 

One commenter recommended that 

the agencies increase the asset-size 

threshold for filing the FFIEC 051 Call 

Report from the current $1 billion to at 

least $10 billion, indexed for inflation. 

Raising the threshold to $10 billion or 

higher at this time could result in a 

significant loss of data necessary for 

supervisory or other purposes from 

institutions with assets above $1 billion. 


sradovich on DSK3GMQ082PROD with NOTICES
Federal Register / Vol. 83, No. 5 / Monday, January 8, 2018 / Notices 943 

8 12 CFR part 3 (OCC); 12 CFR part 217 (Board); 

12 CFR part 324 (FDIC). 

9 82 FR 49984 (October 27, 2017). 

10See 82 FR 2444 (January 9, 2017). 

11See section 122 of the Federal Deposit 

Insurance Corporation Improvement Act of 1991, 

Public Law 102–242. 12See 82 FR 51908 (November 8, 2017). 

Therefore, while the agencies are not 

adopting this recommendation at this 

time, the agencies are continuing to 

evaluate the appropriate scope and 

criteria for expanding the number of 

institutions eligible to file the FFIEC 

051. 

The agencies received three comment 

letters from banking organizations that 

highlighted the burden required for 

their institutions to prepare Schedule 

RC–R, Regulatory Capital. Reporting on 

Schedule RC–R is directly tied to the 

requirements in the agencies’ regulatory 

capital rules.8

The agencies recently issued a 

proposal for modifications to simplify 

the regulatory capital rules.9 To the 

extent changes contained in that 

proposal are adopted in a final rule, the 

agencies would incorporate those 

simplifications into Schedule RC–R. 

One commenter stated that Schedule 

RC–C, Part II, is particularly 

burdensome to complete and should be 

eliminated. The agencies previously 

reduced the frequency of this schedule 

from quarterly to semiannual for 

institutions filing the FFIEC 051.10

However, the agencies cannot eliminate 

this schedule because the submission of 

information on small business and small 

farm loans is specifically required by 

statute.11 Appendix A to the agencies’ 

January 2017 Federal Register notice 

(82 FR 2444) provides information about 

how the agencies use the data reported 

in Schedule RC–C, Part II. 

III. Specific Comments on the Proposed 

Call Report Revisions 

A. Scope Revision 

The agencies proposed to revise the 

scope of the FFIEC 031 Call Report to 

require all institutions with 

consolidated total assets of $100 billion 

or more to file this form, regardless of 

whether an institution has any foreign 

offices. The agencies proposed this 

change because institutions with 

consolidated total assets of $100 billion 

or more without foreign offices are 

considered to have a similar degree of 

complexity in their activities as 

institutions of this size with foreign 

offices that currently file the FFIEC 031. 

The agencies received two comments 

opposing the proposed scope revision. 

One bankers’ association stated that the 

proposal could be viewed as creating 

three Call Reports for larger banks, 

which could create a problem if the 

reports evolve and do not remain 

aligned in the future. Another bankers’ 

association opposed the agencies’ use of 

a size-based threshold alone (i.e., $100 

billion or more in assets) to revise the 

scope of the FFIEC 031, rather than 

looking at the business model and risk 

profile of an institution. 

The agencies are proceeding with the 

proposed scope revision of the FFIEC 

031 to include all institutions with 

foreign offices and all institutions with 

consolidated total assets of $100 billion 

or more. The agencies note that this 

revision would affect only five 

institutions, as the majority of 

institutions with assets of $100 billion 

or more also have foreign offices and 

currently file the FFIEC 031. Currently, 

the FFIEC 031 and FFIEC 041 collect the 

same information on an institution’s 

domestic office activities. When 

preparing the FFIEC 031, institutions 

with no foreign offices would not need 

to report items that request information 

on foreign offices, including the entirety 

of Schedules RI–D; RC–E, Part II; and 

RC–I; nor would they need to complete 

Schedule RC–H, which collects certain 

domestic office data. These institutions 

also would report the same amounts for 

‘‘domestic offices’’ and ‘‘consolidated 

bank’’ in other schedules that request 

this breakout, which would not require 

these institutions to compile additional 

information. In addition, there is 

currently a single set of Call Report 

instructions for both the FFIEC 031 and 

FFIEC 041, which helps promote 

consistency in reporting between those 

versions of the Call Report and should 

reduce the burden of a transition for the 

affected institutions. As noted in the 

June 2017 notice, the agencies consider 

all institutions with $100 billion or 

more in total assets to be of similar 

complexity. Institutions of this size 

typically have similar business activities 

and risk profiles for their domestic 

operations, and the agencies’ examiners 

review these domestic operations in a 

similar manner. Receiving information 

from all institutions in this size category 

on the same Call Report form will 

improve the agencies’ ability to perform 

comparisons among these institutions’ 

domestic operations. This proposed 

scope revision also has enabled the 

agencies to propose removing items 

from, or consolidating a significant 

number of items in, the FFIEC 041 

form,12 as the agencies believe these 

items are no longer necessary based on 

the business activities and risk profiles 

of institutions with domestic offices 

only and consolidated total assets less 

than $100 billion. 

B. Burden-Reducing Revisions 

The agencies received two comments 

from banking organizations on the 

proposed revisions to Schedule RI–E to 

reduce the reporting frequency of the 

data items for significant components of 

‘‘other noninterest income’’ and ‘‘other 

noninterest expense’’ from quarterly to 

annual in the FFIEC 051 and increase 

the percentage threshold for reporting 

individual components in all three 

versions of the Call Report. One 

commenter noted this revision would 

actually reduce burden in preparing the 

reports. The other commenter stated 

that his organization does not meet the 

existing thresholds to separately report 

noninterest income and expense 

components on that schedule, so the 

reporting burden would not change. 

After considering these specific 

comments, as well as the comments 

received on the overall proposal and the 

burden-reduction initiative that were 

discussed in Section II.A. above, the 

agencies will proceed with the proposed 

burden-reducing changes to Schedule 

RI–E, along with all other burdenreducing changes to Call Report 

schedules proposed in the June 2017 

notice. The agencies recognize that not 

every proposed change will reduce 

burden for every institution. However, 

the agencies believe that the proposed 

changes will reduce burden in the Call 

Reports as a whole, which is also 

reflected in a reduction in the estimated 

burden hours per quarter for the Call 

Reports. 

C. Instructional Revision for the 

Reporting of Assets as ‘‘Past Due’’ 

Under the current Call Report 

instructions, closed-end installment 

loans, amortizing loans secured by real 

estate, and other loans and lease 

financing receivables with payments 

scheduled monthly are to be reported as 

past due in Schedule RC–N, Past Due 

and Nonaccrual Loans, Leases, and 

Other Assets, when the borrower is in 

arrears two or more monthly payments. 

This means that a loan is to be reported 

as past due if two monthly payments 

have not been received by the close of 

business on the due date of the second 

monthly payment. Similarly, the Call 

Report instructions provide that openend credit such as credit cards, check 

credit, and other revolving credit plans 

are to be reported as past due when the 

customer has not made the minimum 

payment for two or more billing cycles. 

The instructions also provide that, at an 

institution’s option, loans and leases 

with payments scheduled monthly may 


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13See 82 FR 29158–29159 (June 27, 2017) for 

complete descriptions of the proposed revisions to 

these schedules. 

be reported as past due when one 

scheduled payment is due and unpaid 

for 30 days or more. 

The agencies note there is an existing 

widely used industry standard, known 

as the Mortgage Bankers Association 

(MBA) method, which provides that 

loans with payments scheduled 

monthly become 30 days past due if a 

monthly payment is not received by the 

end of the day immediately preceding 

the loan’s next due date. The agencies 

understand that the MBA method is 

used by most major mortgage data 

repositories, including the three major 

credit bureaus and two major mortgage 

loan data processing service bureaus 

used by institutions. The MBA method 

is also used by reporting forums such as 

the MBA, McDash Analytics, and the 

OCC Mortgage Metrics Reports. 

Therefore, to promote the use of a 

consistent standard in the industry and 

reduce the burden for certain 

institutions calculating past-due loans 

under two methods (i.e., one method for 

Call Report purposes and a different 

method for other reporting purposes), 

the agencies proposed in the June 2017 

notice to modify the definition of ‘‘past 

due’’ for regulatory reporting purposes 

that is currently contained in the 

general instructions of Schedule RC–N 

to align with the MBA method. 

Specifically, under that proposal, 

closed-end installment loans, 

amortizing loans secured by real estate, 

and other loans and lease financing 

receivables with payments scheduled 

monthly, as well as open-end credit 

such as credit cards, check credit, and 

other revolving credit plans with 

payments scheduled monthly, would be 

reported as past due in Schedule RC–N 

if a payment is not received by the end 

of the day immediately preceding the 

loan’s next payment due date. 

The agencies received comments from 

two bankers’ associations and three 

banking organizations regarding the 

proposed instructional revision to the 

definition of ‘‘past due.’’ These 

commenters generally opposed the 

proposed revision. All commenters 

cited increased burden related to 

operational difficulties to implement the 

change as well as concerns about how 

this definitional change would flow 

through to or affect other reporting 

requirements. Operational challenges 

cited by commenters include substantial 

processing system changes; the need to 

modify contracts with third-party 

vendors, loan securitization agreements, 

and other legal agreements; 

communication issues with loan 

servicing customers; and coordination 

issues with third-party vendors to 

implement the proposed revision. Other 

related reporting concerns include 

possible restatements of audited 

financial statements and filings with the 

Securities and Exchange Commission; 

the effect on the calculation of the 

allowance for loan and lease losses; the 

impact on the risk weighting associated 

with delinquent and nonaccrual loans 

as reported on Schedule RC–R, 

Regulatory Capital; the use of 

performing loans as inputs for stress 

testing and recovery and resolution 

planning purposes; the impact on 

liquidity reporting; and the impact on 

the calculation of surcharge scores 

assessed to global systemically 

important banks (G–SIBs). Additionally, 

one bankers’ association stated that the 

proposed instructional change would 

remove the current reporting flexibility 

for institutions to use a combination of 

actual-day count, the MBA method, and 

the current Call Report method based on 

the institutions’ particular portfolios. 

Based on the issues raised in the 

comments received on the proposed 

instructional revision to the definition 

of past due, the agencies are giving 

further consideration to this proposal, 

including its effect on and relationship 

to other regulatory reporting 

requirements. Accordingly, the agencies 

are not proceeding with this proposed 

instructional revision and the existing 

instructions for the definition of past 

due will remain in effect. 

D. Proposed Call Report Revisions To 

Address Changes in Accounting for 

Equity Investments 

In January 2016, the Financial 

Accounting Standards Board (FASB) 

issued Accounting Standards Update 

(ASU) No. 2016–01, ‘‘Recognition and 

Measurement of Financial Assets and 

Financial Liabilities.’’ As one of its main 

provisions, the ASU requires certain 

investments in equity securities 

(including other ownership interests, 

such as interests in partnerships, 

unincorporated joint ventures, and 

limited liability companies) to be 

measured at fair value with changes in 

fair value recognized in net income (fair 

value through net income). 

Section 37(a) of the Federal Deposit 

Insurance Act (12 U.S.C. 1831n(a)) 

states that, in general, the accounting 

principles applicable to the Call Report 

‘‘shall be uniform and consistent with 

generally accepted accounting 

principles.’’ The agencies are 

maintaining consistency with U.S. 

GAAP by implementing the provisions 

of ASU 2016–01 in the Call Report in 

accordance with the effective dates set 

forth in the ASU. For institutions that 

are public business entities, as defined 

in U.S. GAAP, ASU 2016–01 is effective 

for fiscal years beginning after December 

15, 2017, including interim periods 

within those fiscal years. For all other 

institutions, the ASU is effective for 

fiscal years beginning after December 

15, 2018, and interim periods within 

fiscal years beginning after December 

15, 2019. 

Based on their consideration of the 

changes in the accounting for equity 

investments under ASU 2016–01 and 

the effect of these changes on the 

manner in which data on equity 

securities and other equity investments 

are currently reported in the Call 

Report, the agencies proposed to revise 

the reporting of information on equity 

securities and other equity investments 

in Call Report Schedules RI, Income 

Statement; RI–D, Income from Foreign 

Offices (on the FFIEC 031); RC, Balance 

Sheet; RC–B, Securities; RC–F, Other 

Assets; RC–H, Selected Balance Sheet 

Items for Domestic Offices (on the 

FFIEC 031); RC–K, Quarterly Averages; 

RC–Q, Assets and Liabilities Measured 

at Fair Value on a Recurring Basis (on 

the FFIEC 041 and FFIEC 031); and RC– 

R, Regulatory Capital.13

In developing the proposed revisions 

to these Call Report schedules, the 

agencies sought to limit the number of 

data items being added to the Call 

Report to address the changes in 

accounting for equity securities and 

other equity investments. 

Furthermore, because of the different 

effective dates for ASU 2016–01 for 

public business entities and all other 

entities, as well as the varying fiscal 

years across the population of 

institutions that file Call Reports, the 

period over which institutions will be 

implementing this ASU ranges from the 

first quarter of 2018 through the fourth 

quarter of 2020. As a result, the agencies 

proposed to introduce the revisions to 

the reporting of information on equity 

securities and other equity investments 

in response to the ASU in the Call 

Report effective March 31, 2018. 

The agencies received comments from 

two banking organizations and two 

bankers’ associations addressing the 

proposed Call Report revisions related 

to equity securities. Both bankers’ 

associations expressed general support 

for the proposed changes to reporting of 

information on equity securities and 

other equity investments. However, for 

an institution that has adopted the new 

accounting standard, the associations 

sought clarification of the appropriate 

categorization on the proposed revised 

Call Report balance sheet (Schedule RC) 


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Federal Register / Vol. 83, No. 5 / Monday, January 8, 2018 / Notices 945 

14The market risk rules define a ‘‘trading 

position’’ as a position held ‘‘for the purpose of 

short-term resale or with the intent of benefiting 

from actual or expected short-term price 

movements, or to lock in arbitrage profits.’’ See 12 

CFR 3.202 (OCC), 12 CFR 217.202 (Board), and 12 

CFR 324.202 (FDIC). 

15See the instructions for Schedule RC, item 5, 

‘‘Trading assets,’’ the General Instructions for 

Schedule RC–D, Trading Assets and Liabilities, and 

the Glossary entry for ‘‘Trading Account’’ in the 

Call Report instructions. 

16See FASB Accounting Standards Codification 

paragraph 321–10–55–7. 

17 12 CFR 362.3(a)(2)(iii)(A). 

18 12 CFR 362.3(a)(2)(iii)(C). 

19 During this period, only those institutions that 

have not yet adopted ASU 2016–01 would complete 

Schedule RC–B, item 7, columns C and D. 

of equity securities with readily 

determinable fair values that are bought 

and sold on a regular basis, but are not 

held with the intention of trading as this 

term is defined in the agencies’ market 

risk rules.14 The agencies note that, for 

purposes of categorizing assets and 

liabilities on the Call Report balance 

sheet, they do not apply the trading 

definition in the market risk rules. 

Rather, the Call Report instructions state 

that: 

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.15

Thus, when an institution’s holdings 

of equity securities with readily 

determinable fair values fall within the 

scope of the preceding description of 

trading activities, the equity securities 

should be reported as trading assets in 

Schedule RC, item 5. Otherwise, the 

equity securities should be reported in 

new item 2.c, ‘‘Equity securities with 

readily determinable fair values not 

held for trading.’’ The agencies will 

modify the Call Report instructions to 

make this distinction more clear. 

One banking organization noted that 

the proposal aligns the Call Report with 

the new accounting standard for equity 

investments, but it requested 

clarification of the balance sheet 

categorization of money market mutual 

funds following the adoption of the 

accounting standard. This organization 

observed that the Securities and 

Exchange Commission’s rules permit 

such funds to be categorized as cash 

equivalents in financial statements filed 

with the Commission if appropriate 

criteria are met. The organization asked 

whether the agencies intended to permit 

a similar categorization for Call Report 

purposes. The Call Report does not 

recognize cash equivalents as part of 

‘‘Cash and balances due from depository 

institutions,’’ as described in the 

instructions for Schedule RC, item 1. 

Thus, for Call Report purposes, an 

institution that has adopted ASU 2016– 

01 should report its investments in 

money market mutual funds with 

readily determinable fair values, which 

are considered equity securities for 

accounting purposes,16 in new Schedule 

RC, item 2.c, provided these 

investments are not held for trading (as 

discussed above). The agencies also will 

revise the Call Report instructions to 

clarify the reporting of money market 

mutual funds as equity securities, not as 

cash. 

The other banking organization 

supported the proposed changes to the 

income statement for reporting 

unrealized holding gains (losses) on 

equity securities not held for trading, 

but recommended excluding unrealized 

gains on equity securities from tier 1 

capital for regulatory capital purposes as 

is currently the case under today’s 

accounting standards. The manner in 

which unrealized gains on equity 

securities are reported for regulatory 

capital purposes in Call Report 

Schedule RC–R depends entirely on 

how these unrealized gains are treated 

under the agencies’ regulatory capital 

rules. After an institution adopts ASU 

2016–01, unrealized gains on the 

institution’s investments in equity 

securities with readily determinable fair 

values not held for trading will be 

recognized in net income and, hence, 

retained earnings. Because retained 

earnings is a common equity tier 1 

(CET1) capital element under the 

agencies’ regulatory capital rules, the 

operation of these rules will 

automatically result in the inclusion of 

all unrealized gains on such equity 

securities in CET1 capital after an 

institution’s adoption of ASU 2016–01. 

Continuing to exclude unrealized gains 

on equity securities with readily 

determinable fair values not held for 

trading from CET1 capital after the 

adoption of ASU 2016–01 would require 

revisions to the agencies’ regulatory 

capital rules and is outside the scope of 

the proposed equity securities reporting 

changes in the Call Report. 

This banking organization also 

recommended retaining the existing 

regulatory framework governing 

investments in stock set forth in section 

362.3 of the FDIC’s regulations (12 CFR 

362.3) and the related information on 

equity securities currently reported in 

Call Report Schedule RC–B, Securities. 

More specifically, under section 

362.3(a) of the FDIC’s regulations, an 

insured state bank may not ‘‘directly or 

indirectly acquire or retain as principal 

any equity investment of a type that is 

not permissible for a national bank.’’ 

However, this regulation provides for 

the grandfathering of certain 

investments in equity securities by 

insured state banks if certain conditions 

are met, including approval by the 

FDIC. The equity investments that are 

authorized to be grandfathered are 

common and preferred stock listed on a 

national securities exchange and shares 

of an investment company registered 

under the Investment Company Act of 

1940.17 However, the FDIC’s regulations 

provide that an insured state bank’s 

aggregate investment in these 

authorized investments ‘‘shall in no 

event exceed, when made, 100 percent 

of the bank’s tier one capital’’ and that 

‘‘[t]he lower of the bank’s cost as 

determined in accordance with call 

report instructions or the market value’’ 

of the authorized investments ‘‘shall be 

used to determine compliance.’’ 18 At 

present, the cost basis and fair value of 

an insured state bank’s grandfathered 

equity investments are included in the 

amounts reported in available-for-sale 

columns C and D, respectively, of Call 

Report Schedule RC–B, item 7, 

‘‘Investments in mutual funds and other 

equity securities with readily 

determinable fair values.’’ These two 

Schedule RC–B items currently serve as 

the starting point for assessing 

compliance with the limit on 

grandfathered equity investments at 

those insured state banks that have 

received FDIC approval to hold such 

investments. However, in their June 

2017 proposal, the agencies proposed to 

remove item 7, columns C and D, from 

Schedule RC–B effective December 31, 

2020. From March 31, 2018, through 

September 30, 2020, institutions that 

have adopted ASU 2016–01 would leave 

Schedule RC–B, item 7, columns C and 

D, blank.19 The fair value of the 

‘‘Investments in mutual funds and other 

equity securities with readily 

determinable fair values’’ that these 

institutions had reported in Schedule 

RC–B, item 7, column D, before 

adopting ASU 2016–01 would instead 

be reported in new item 2.c, ‘‘Equity 

securities with readily determinable fair 

values not held for trading,’’ on 

Schedule RC, Balance Sheet. However, 

under the June 2017 proposal, the cost 

of the equity securities reported in 

Schedule RC–B, item 7, column C, until 

an institution’s adoption of ASU 2016– 


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946 Federal Register / Vol. 83, No. 5 / Monday, January 8, 2018 / Notices 

20 82 FR 29147, 29156–29159. 21See 82 FR 51908 (November 8, 2017). 

01 would no longer be reported after the 

institution’s adoption of this new 

accounting standard because the 

standard eliminates the existing concept 

of available-for-sale equity securities. 

Thus, the banking organization that 

commented on the issue of 

grandfathered equity investments 

recommended the retention of the Call 

Report data items used to measure 

compliance with the aggregate 

investment limit in these authorized 

investments. 

After considering this banking 

organization’s recommendation as well 

as the provisions of section 362.3(a) of 

the FDIC’s regulations, the agencies 

agree that, after its adoption of ASU 

2016–01, an insured state bank that has 

been approved to hold authorized 

investments should continue to report 

the cost of their holdings of equity 

securities with readily determinable fair 

values not held for trading, which such 

an institution currently reports as 

available-for-sale securities in column C 

of Schedule RC–B, item 7. The 

continued collection of this cost 

information from insured state banks 

with grandfathered equity investments 

serves a long-term regulatory purpose by 

aiding the supervisory staffs of the 

agencies that supervise these insured 

state banks in performing their ongoing 

assessments of compliance with the 

aggregate limit on such investments. 

Accordingly, in place of Schedule RC– 

B, item 7, column C, which would no 

longer be applicable to institutions after 

their adoption of ASU 2016–01, and 

which would ultimately be removed 

effective December 31, 2020, the 

agencies would add a new item 4, ‘‘Cost 

of equity securities with readily 

determinable fair values not held for 

trading,’’ to Schedule RC–M effective 

March 31, 2018. The new Schedule RC– 

M item would be completed only by 

insured state banks that have adopted 

ASU 2016–01 and have been approved 

to hold grandfathered equity 

investments. All other institutions 

would leave new Schedule RC–M, item 

4, blank. The equity securities for which 

the cost would be reported in Schedule 

RC–M, item 4, would be the same equity 

securities for which institutions that 

have adopted ASU 2016–01 would 

report the fair value in new Schedule 

RC, item 2.c. 

In addition, as previously mentioned, 

the agencies also received three 

comments from banking organizations 

regarding the burden associated with 

Schedule RC–R, Regulatory Capital, 

which is one of the schedules for which 

several revisions related to equity 

securities were proposed. In this regard, 

a proposed change to this schedule was 

to add a new item 2.c, ‘‘Equity securities 

with readily determinable fair values 

not held for trading,’’ to Schedule RC– 

R, Part II, Risk-Weighted Assets, 

effective March 31, 2018. As proposed, 

this new item would be completed only 

by institutions that had adopted ASU 

2016–01 and, for such institutions, 

Schedule RC–R, Part II, item 2.b, 

‘‘Available-for-sale securities,’’ should 

include only debt securities. Effective 

December 31, 2020, which is the 

quarter-end report date as of which all 

institutions would be required to have 

adopted ASU 2016–01, the caption for 

item 2.b would be revised to ‘‘Availablefor-sale debt securities.’’ These 

proposed revisions correspond to the 

changes the agencies proposed to make 

to the categories of securities reported 

on Schedule RC, Balance Sheet. 

The commenters who addressed 

Schedule RC–R recommended 

simplifying and shortening the schedule 

to reduce burden. After considering the 

concerns expressed by commenters 

about the burden of Schedule RC–R in 

relation to the proposed revisions to this 

schedule for equity securities, the 

agencies have decided against adding a 

new item 2.c to Part II of Schedule RC– 

R. Instead, the agencies would retain the 

existing risk-weighting reporting 

process under which those equity 

securities with readily determinable fair 

values and debt securities currently 

categorized as available-for-sale 

securities are reported together in item 

2.b of Schedule RC–R, Part II. To clarify 

the scope of item 2.b for institutions that 

have and have not adopted ASU 2016– 

01, the agencies would change the 

caption for item 2.b to ‘‘Available-forsale debt securities and equity securities 

with readily determinable fair values 

not held for trading’’ effective March 31, 

2018. 

All the other revisions to the reporting 

of information on equity securities and 

other equity investments proposed by 

the agencies in response to the changes 

in the accounting requirements for these 

types of assets would be implemented 

as described in Section III.D.2 of the 

June 2017 proposal and would take 

effect beginning as of March 31, 2018.20

IV. Timing 

Subject to OMB approval, the 

effective date for the implementation of 

the revisions to the FFIEC 031, FFIEC 

041, and FFIEC 051 to address the 

change in accounting for equity 

investments would be March 31, 2018. 

However, the effective date for the 

implementation of all other revisions 

described in this notice would be June 

30, 2018. 

The agencies originally proposed to 

implement the revisions proposed in the 

June 2017 notice, as well as those they 

expected to propose based on their 

evaluation of the responses to the third 

and final portion of user surveys, as of 

March 31, 2018. However, on November 

8, 2017, the agencies proposed that the 

effective date for the latter set of 

changes would be the June 30, 2018, 

report date.21 Commenters on the June 

2017 and prior Call Report notices have 

described the burden associated with 

implementing frequent revisions to the 

Call Report. Therefore, the agencies are 

delaying the burden-reducing revisions 

in this proposal until June 30, 2018, to 

align with the target implementation of 

the burden-reducing Call Report 

revisions published on November 8, 

2017. This way, institutions will only 

need to adjust their reporting processes 

for one combined set of revisions 

effective for the June 30, 2018, Call 

Report rather than separate sets of 

revisions in March and June 2018. 

However, ASU 2016–01 is effective for 

public business entities for fiscal years 

beginning after December 15, 2017, 

including interim periods within those 

fiscal years. This necessitates that the 

proposed equity securities reporting 

revisions be implemented in the Call 

Report in the first quarter of 2018 so that 

institutions required to, or electing to, 

adopt the new accounting standard at 

that time are able to report in 

accordance with that standard in the 

March 31, 2018, Call Report. 

When implementing the burdenreducing Call Report revisions as of the 

June 30, 2018, report date, institutions 

may provide reasonable estimates for 

any new or revised Call Report data 

item initially required to be reported as 

of that date for which the requested 

information is not readily available. In 

addition, as of the March 31, 2018, 

report date or a subsequent report date 

as of which an institution is required to, 

or early elects to, initially report in 

accordance with ASU 2016–01, the 

institution may provide reasonable 

estimates for any new or revised Call 

Report data item affected by the equity 

securities reporting changes for which 

the requested information is not readily 

available. The specific wording of the 

captions for the new or revised Call 

Report data items discussed in this 

proposal and the numbering of these 

data items is subject to change. 


sradovich on DSK3GMQ082PROD with NOTICES
Federal Register / Vol. 83, No. 5 / Monday, January 8, 2018 / Notices 947 

V. Request for Comment 

Public comment is requested on all 

aspects of this joint notice. Comment is 

specifically invited on: 

(a) Whether the proposed revisions to 

the collections of information that are 

the subject of this notice are necessary 

for the proper performance of the 

agencies’ functions, including whether 

the information has practical utility; 

(b) The accuracy of the agencies’ 

estimates of the burden of the 

information collections as they are 

proposed to be revised, including the 

validity of the methodology and 

assumptions used; 

(c) Ways to enhance the quality, 

utility, and clarity of the information to 

be collected; 

(d) Ways to minimize the burden of 

information collections on respondents, 

including through the use of automated 

collection techniques or other forms of 

information technology; and 

(e) Estimates of capital or start-up 

costs and costs of operation, 

maintenance, and purchase of services 

to provide information. 

Comments submitted in response to 

this joint notice will be shared among 

the agencies. All comments will become 

a matter of public record. 

Appendix A—Summary of the FFIEC 

Member Entities’ Uses of the Data Items 

in the Call Report Schedules in the 

Portion of the User Surveys Evaluated 

in the Development of This Proposal 

Schedule RI–D (Income from Foreign Offices) 

[FFIEC 031 only] 

Schedule RI–D collects data on income 

from foreign offices. Collectively, the data are 

used in country and currency risk analyses 

to monitor the level, trend, quality and 

sustainability of the income component of 

foreign offices. These data help support a 

variety of examination activities that include, 

but are not limited to, earnings and yield 

analysis, asset securitizations, core 

assessment, price risk, and trading. Quarterly 

data also improve the off-site monitoring of 

trading and asset management activities. Data 

on investment banking, advisory, brokerage, 

and underwriting fees and commissions are 

used to track the global asset management 

activities of institutions with foreign offices. 

The global presence of these activities adds 

to the complexity of the asset management 

business conducted by financial institutions 

and this information is continually 

monitored to detect potential shifts in 

business models. It also serves as one 

component of measurement of the degree of 

global interconnectedness and systemic risk. 

Schedule RI–E (Explanations) 

Schedule RI–E collects explanations for 

items that significantly contribute to the total 

amounts reported for other noninterest 

income and other noninterest expense. Since 

other noninterest income makes up almost 

half of total noninterest income and other 

noninterest expense makes up approximately 

40 percent of noninterest expense on an 

aggregate basis for all filers of the Call Report, 

data on the composition of each of these 

income statement data items is essential to 

understanding what is driving the level of 

and changes over time in these data items at 

individual institutions. The stratification of 

the information in this schedule allows for 

identification of potential unusual sources of 

changes in earnings that affect trend 

analyses. This information is particularly 

important for identifying losses of an unusual 

or nonrecurring nature when an institution is 

in a stressed condition, which was evident 

during the recent financial crisis. This 

stratified noninterest income and expense 

information continues to be critical in 

understanding the causes of swings in an 

institution’s profitability. 

Schedule RI–E also collects descriptive 

information on discontinued operations, 

significant adjustments to the allowance for 

loan and lease losses (ALLL), accounting 

changes and error corrections, and certain 

capital transactions with stockholders. These 

data items provide the agencies and their 

examiners better insight on factors driving 

changes in net income and the ALLL (due to 

sources other than provisions, charge-offs, 

and recoveries), along with nonrecurring 

types of changes in institutions’ equity 

capital. 

The detailed breakdown of components of 

other noninterest income in excess of the 

Schedule RI–E reporting threshold is 

essential to the Consumer Financial 

Protection Bureau’s (CFPB) understanding of 

the viability of institutions’ offerings of 

consumer services regulated by the CFPB. 

This information provides unique insights 

into institutions’ reliance on key revenue 

streams that can impact consumer access to 

and the availability of services. These 

streams include bank and credit card 

interchange, income and fees from automated 

teller machines, and institution-described 

components of other noninterest income. 

This information also helps the CFPB 

monitor trends in the consumer marketplace. 

Similarly, the detailed breakdown of other 

noninterest expense facilitates the CFPB’s 

ability to conduct statutorily-required cost 

analyses for rulemakings and other policy 

endeavors. 

Schedule RC–B (Securities) 

Information collected on Schedule RC–B is 

essential for assessment of liquidity risk, 

market risk, interest rate risk, and credit risk. 

Specifically, information on held-to-maturity, 

available-for-sale, and pledged securities is 

critical for analysis of the institution’s ability 

to manage short-term financial obligations 

without negatively impacting capital or 

income (liquidity risk), and risk of loss due 

to market movements (market risk). Maturity 

and repricing information on debt securities 

collected in the Memorandum items on 

Schedule RC–B, together with the maturity 

and repricing information collected in other 

schedules for other types of assets and 

liabilities, is critical for the assessment of the 

risk to an institution from changes in interest 

rates (interest rate risk), and also contributes 

to the evaluation of liquidity. Thus, the 

maturity and repricing information collected 

throughout the Call Report also aids in 

evaluating the strategies institutions take to 

mitigate liquidity and interest rate risks. 

Liquidity and interest rate risk indicators that 

are calculated by agency models from an 

institution’s Call Report data and exceed 

specified parameters or change significantly 

between examinations are red flags that call 

for timely examiner off-site review. 

In this regard, the reported amount of debt 

securities with a remaining maturity of one 

year or less is a key input into the calculation 

of an institution’s short-term assets that, 

when analyzed in conjunction with non-core 

funding data, can indicate the extent to 

which the institution is relying on short-term 

funding to fund longer-term assets, which 

presents an exposure to liquidity risk. 

Further, liquidity risk inputs into agency 

models that vary by type of security provide 

examiners the ability to customize and apply 

liquidity stress tests. Extensive back testing 

has shown that the liquidity risk inputs for 

securities contain substantial forwardlooking information by which to ascertain the 

likelihood that an institution would be able 

to avoid significant liquidity problems in a 

stressed environment. 

As another example, agency models that 

consider both the amortized cost and fair 

value of held-to-maturity and available-forsale securities reported in Schedule RC–B are 

used for off-site monitoring of interest rate 

risk to identify individual institutions that 

may be significantly exposed to rising 

interest rates. Individual types of securities 

from Schedule RC–B are grouped into major 

categories for purposes of performing 

duration-based analyses of potential 

investment portfolio depreciation for both 

severe and more moderate interest rate 

increases. The Schedule RC–B data for these 

groupings of securities, together with Call 

Report data for other types of balance sheet 

assets and liabilities, also serve as inputs to 

quarterly duration-based estimates of 

potential changes in fair values for the 

overall balance sheet in response to various 

forecasted interest rate changes. Outlier 

institutions identified by these models are 

the subject of prompt supervisory follow-up 

to address their interest rate risk exposure. 

The institution’s risk profile in these areas 

is considered during pre-examination 

planning to determine the appropriate 

scoping and staffing for examinations. For 

example, the quarterly reporting of the Call 

Report information on held-to-maturity and 

available-for-sale securities also aids in the 

identification of low-risk areas prior to onsite examinations, allowing the agencies to 

improve the allocation of their supervisory 

resources and increase the efficiency of 

supervisory assessments, which reduces the 

scope of examinations in these areas, thereby 

reducing regulatory burden. 

Information on the amortized cost and fair 

value of the securities portfolio allows for 

measurement of depreciation/appreciation, 

which is important for assessing the potential 

impact that unrealized gains and losses may 

have on earnings and liquidity. Unrealized 

gains and losses on available-for-sale equity 

securities and, for certain institutions, 


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22CAMELS is an acronym that represents the 

ratings from six essential components of an 

institution’s financial condition and operations: 

Capital adequacy, asset quality, management, 

earnings, liquidity, and sensitivity to market risk. 

These components represent the primary areas 

evaluated by examiners during examinations of 

institutions. 

unrealized gains and losses on available-forsale debt securities are an integral input into 

regulatory capital calculations. Furthermore, 

because the amount of unrealized gains and 

losses on both held-to-maturity and 

available-for-sale debt securities is an 

indicator of risk in the debt securities 

portfolio, it also is a key factor in examiners’ 

qualitative assessments of capital adequacy. 

Data showing significant depreciation in 

specific types of securities not issued or 

guaranteed by the U.S. government or its 

agencies can signal an institution’s failure to 

properly evaluate the existence of other-thantemporary impairments arising from credit 

losses and other factors. Similarly, data on 

year-to-date sales and transfers of held-tomaturity securities is a basis for off-site or onsite follow-up by examiners to determine 

whether the reasons for these transactions are 

acceptable under U.S. GAAP or have resulted 

in the tainting of this securities portfolio. In 

addition, the reporting of debt securities by 

security type is important to identify 

concentrations in higher risk types of 

investments, which may have greater 

liquidity and/or credit risk than other types 

of securities. Information on investments in 

securities issued by states and political 

subdivisions in the United States is used by 

many state regulatory agencies as a starting 

point for monitoring compliance with certain 

state municipal investment regulations. The 

amortized cost and fair value of held-tomaturity and available-for-sale debt 

securities, respectively, for certain types of 

securities as well as the fair value of all U.S. 

Treasury and U.S. Government agency 

securities are used in the risk-based premium 

deposit insurance pricing methodology for 

large institutions and highly complex 

institutions. 

Schedule RC–D (Trading Assets and 

Liabilities) [FFIEC 031 and FFIEC 041 only] 

Schedule RC–D collects information on 

trading activity from institutions with more 

than a limited amount of trading assets in 

recent quarters. Trading assets are segmented 

into detailed securities and loan categories. 

Trading liabilities separately cover liability 

for short positions and other trading 

liabilities. The schedule’s Memorandum 

items request additional information, 

including the unpaid principal balance of 

loans and the fair value of structured 

financial products and asset-backed 

securities held for trading purposes. 

The information contained in Schedule 

RC–D is used to assess the overall 

composition of the institution’s trading 

portfolio and also provides detailed 

information to evaluate the liquidity, credit, 

and interest rate risk within the trading 

portfolio, which impacts the overall risk 

profile of the institution. Data on the types 

of trading assets held by an institution—such 

as U.S. Treasury securities versus structured 

financial products versus commercial and 

industrial loans, for example—serve as a 

barometer of the relative levels of these risks 

in the trading portfolio. Regarding liquidity 

risk, the higher the level of more liquid assets 

an institution has within its trading portfolio, 

the more financial flexibility it has if faced 

with uncertainties or unfavorable market 

conditions. If an institution has a low level 

of liquid assets within its trading portfolio, 

this impacts its ability to rapidly adjust its 

holdings in response to adverse market 

movements. Information on the volume and 

composition of trading assets and how it has 

changed over recent quarters also can 

provide insight into an institution’s trading 

strategies and its views on market trends. The 

assessment of trading portfolio composition 

and risks enters into pre-examination 

planning to determine the appropriate 

scoping and staffing for examinations of 

institutions engaged in trading activities. 

Furthermore, data on securities and loans 

held for trading are combined with data on 

securities and loans held for investment, as 

reported in Schedule RC–B and Schedule 

RC–C, Part I, to benchmark weekly loan and 

security data collected by the Board from a 

sample of both small and large institutions. 

These weekly data are used to estimate 

weekly measures of extension of credit for 

the banking sector as a whole to provide a 

more timely input for purposes of monitoring 

the macroeconomy. 

Information on mortgage-backed securities 

and mortgage loans held for trading assisted 

the CFPB’s efforts to develop required 

estimates for various Title XIV mortgage 

reform rulemakings under the Dodd-Frank 

Wall Street Reform and Consumer Protection 

Act (Pub. L. 111–203). Going forward, data 

items from this schedule and Schedules RC– 

B and RC–C, Part I, are critical for continuous 

monitoring of the mortgage market. The 

CFPB uses these items to understand the 

intricacies of the mortgage market that are 

essential to assessing institutional 

participation in regulated consumer financial 

services markets and to assess regulatory 

impact associated with recent and proposed 

policies, as required by that agency’s 

statutory mandate. 

Schedule RC–K (Quarterly Averages) 

Average quarterly asset and liability 

information is essential to the ability of the 

FFIEC member entities to more appropriately 

evaluate the performance of individual 

institutions. Quarterly average data from 

Schedule RC–K also provide important 

information at the industry level for policy 

review at FFIEC member entities. 

The average data reported in Schedule RC– 

K are used in conjunction with income and 

expense information from Schedule RI to 

calculate yields and costs for the 

corresponding categories of assets and 

liabilities. These ratios are presented in the 

Uniform Bank Performance Report (UBPR) 

where they are used as a tool by examiners, 

both on- and off-site, to monitor and evaluate 

trends related to an institution’s earnings and 

capital. These ratios also help the agencies 

identify trends across the banking industry. 

Important ratios derived from quarterly 

average data include, but are not limited to, 

earnings ratios (e.g., return on average assets, 

overhead ratio, and net interest margin) and 

the leverage capital ratio. 

The granularity of the data in Schedule 

RC–K assists in analyzing performance 

within a bank’s asset and liability portfolios. 

Quarterly average balances allow for better 

analyses of trends in the composition of an 

institution’s assets and liabilities than is 

possible from comparisons of quarter-end 

data, which may be affected by fluctuations 

related to seasonality or abnormal levels of 

activity at period-end. The detailed average 

data used to calculate the yield on specific 

types of interest-earning assets helps 

examination teams understand the impact of 

credit quality on the earnings performance of 

particular loan portfolios. Where an 

institution’s yields on particular types of 

loans exceed those of its peers, this warrants 

examiner scrutiny to determine whether this 

outcome is a result of the institution’s 

origination or purchase of lower credit 

quality loans. In addition, the data on the 

cost of funds by funding type is important in 

assessing the funding mix at the institution 

level for oversight purposes. Higher costs for 

particular types of deposits or other liabilities 

compared to these costs at an institution’s 

peers also warrants examiner review to 

determine whether the institution is making 

greater use of more volatile non-core funding 

sources. The yield on interest-earning assets 

and cost of funds also gives insight into the 

effectiveness of an institution’s plans and 

initiatives related to asset/liability mix, 

liquidity, and interest rate risk strategies and 

their resulting impact on earnings. These 

performance ratios are essential to the 

consideration of an institution’s earnings 

during pre-examination planning to 

determine the appropriate scoping of this 

area, particularly because earnings is 

evaluated and rated as part of the CAMELS 

rating system.22

Schedule RC–L (Derivatives and Off-BalanceSheet Items) 

Schedule RC–L provides data on offbalance sheet assets and liabilities as well as 

derivatives contracts. The quarterly reporting 

of all off-balance sheet items in the Call 

Report is required by law (12 U.S.C. 

1831n(a)(3)(C)). The most recent financial 

crisis emphasized the importance of 

identifying and monitoring significant 

exposures arising from any contingent or offbalance sheet liabilities and the effect of 

these exposures on an institution’s overall 

risk profile. The granular data on 

components of off-balance sheet items, as 

well as derivatives data, assist the banking 

agencies in ensuring the safety and 

soundness of financial institutions through 

both off-site and on-site monitoring of a 

variety of potential risks. These risks include, 

but are not limited to, liquidity risk, credit 

risk, interest rate risk, and foreign exchange 

risk. The data on Schedule RC–L also is 

essential for the examination scoping 

process, which begins during preexamination planning. The data offer insight 

into outliers and exceptions, which provide 

information to examiners on areas on which 

to focus during their on-site examinations. 

The data on Schedule RC–L on the FFIEC 

031 and FFIEC 041 are useful in determining 


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an institution’s potential exposure to losses 

from derivatives activities. It is also useful in 

identifying the extent to which an institution 

may be engaging in hedging strategies that 

will affect its future earnings prospects. An 

excessive and/or inappropriate credit 

derivative position could have a substantial 

and immediate detrimental impact to an 

institution’s liquidity, interest rate risk, 

earnings, or capital adequacy. For 

institutions with material volumes of 

derivatives as reported on Schedule RC–L, 

examiners can assess whether the 

institution’s management has the appropriate 

expertise and policies in place to manage and 

control the risks associated with its 

derivatives activities and whether the 

institution’s capital levels are commensurate 

with its risk exposure. This is particularly 

true with respect to interest rate derivatives, 

which are the most widely held derivatives, 

and are commonly used in the management 

of interest rate risk. Schedule RC–L provides 

a granular perspective about the types of 

interest rate contracts an institution has 

entered into, which helps an examiner focus 

on assessing how effectively management 

uses the various types of interest rate 

contracts in its derivatives portfolio to hedge 

its exposure to interest rate risk. Also, 

examiners investigate fluctuations in the fair 

values of an institution’s holdings of 

derivatives to determine if there are changes 

in the institution’s risk appetite as set by the 

board of directors and implemented by 

management. 

The unused commitments information on 

Schedule RC–L is essential to examiners, 

especially during periods of financial distress 

when borrowers rely increasingly on drawing 

down their lines of credit and unused 

commitments as a source of funding. The 

unused commitments data enable examiners 

to identify whether growth in unused 

commitments over time is at a manageable 

level and permit assessments of the potential 

impact, if such commitments are funded, on 

the credit quality of the related loan 

categories, as well as on the liquidity and on 

the capital position of an institution. Also, 

institutions may have a concentration in a 

particular loan category, which may not be 

readily apparent from balance sheet data 

until unused commitments to borrowers in 

this category are actually funded, which 

dictates that examiners consider the reported 

amounts on unused commitments by loan 

category to ensure they identify and assess 

the concentration risk. Financial and 

performance standby letters of credit also 

present liquidity and credit risk 

considerations for examiners, which also 

may be greater during periods of financial 

distress when the counterparties may be 

more likely to fail to perform as required 

under the terms of the underlying contract. 

The derivatives information on Schedule 

RC–L is also one of the primary sources that 

feeds into a derivatives quarterly report that 

is used to report on bank trading and 

derivatives activities. This public report 

issued by the OCC helps the banking 

agencies’ on-site examiners at the largest 

banks to continuously evaluate the credit, 

market, operational, reputation, and 

compliance risks of bank derivatives 

activities. 

Schedule RC–M (Memoranda) 

Schedule RC–M collects various types of 

information. Section 7(k) of the Federal 

Deposit Insurance Act (12 U.S.C. 1817(k)) 

authorizes the federal banking agencies to 

require the reporting and public disclosure of 

information concerning extensions of credit 

by an institution to its executive officers and 

principal shareholders and their related 

interests. The Board’s Regulation O (12 CFR 

215), which has been made applicable to all 

institutions, imposes an aggregate lending 

limit on extensions of credit to insiders 

(executive officers, directors, principal 

shareholders, and their related interests) and, 

in general, requires an institution to make 

available the names of its executive officers 

and principal shareholders to whom the 

institution had outstanding as of the end of 

the latest previous quarter aggregate 

extensions of credit that, when aggregated 

with all other outstanding extensions of 

credit to such person and their related 

interests, equaled or exceeded the lesser of 5 

percent of capital and unimpaired surplus or 

$500,000. The data collected in Schedule 

RC–M on extensions of credit to the reporting 

institution’s insiders generally align with 

these requirements and assist the agencies in 

monitoring compliance with the insider 

lending regulations between examinations 

and determining whether supervisory followup is warranted when material increases in 

insider lending are identified. 

Because identifiable intangible assets are 

deducted from regulatory capital or are 

subject to regulatory capital limits and 

deducted amounts are not risk weighted, the 

reporting of these amounts aids in validating 

an institution’s regulatory capital 

calculations in Schedule RC–R. In addition to 

their treatment under the regulatory capital 

rules, mortgage servicing assets in particular 

are complex in nature and present liquidity 

risk and interest rate risk and their value is 

affected by the credit risk of the underlying 

serviced assets. Mortgage servicing assets 

also contribute to the level of an institution’s 

mortgage prepayment exposure. When the 

level of this exposure rises above a specified 

benchmark at an individual institution, this 

exposure may warrant additional attention by 

examiners between examinations and 

necessitate greater scrutiny of management’s 

prepayment assumptions in its own interest 

rate risk model during examinations or 

visitations. 

The components of other real estate owned 

are needed to monitor asset quality trends at 

individual institutions and industry-wide, 

including when coupled with the past due 

and nonaccrual data for loans secured by the 

same type of property from Schedule RC–N. 

The component information may provide 

insight into the market conditions affecting 

the segments of the real estate market in the 

institution’s trade area, including possible 

deteriorating conditions. 

Maturity and repricing information on 

other borrowed money, together with the 

maturity and repricing information collected 

in other schedules for other types of assets 

and liabilities, is needed to evaluate liquidity 

and interest rate risk to the institution, and 

to aid in evaluating the strategies institutions 

take to mitigate these risks. Liquidity and 

interest rate risk indicators that are 

calculated by agency models from an 

institution’s Call Report data and exceed 

specified parameters or change significantly 

between examinations are red flags that call 

for timely examiner attention. Data on certain 

secured liabilities also are used in the 

assessment of institutions’ liquidity 

positions. Increases in the relative volume of 

secured versus unsecured liabilities may 

signal that an institution is encountering 

difficulties in rolling over unsecured 

borrowings due to deterioration in its 

condition, which would call for supervisory 

follow-up when identified between 

examinations. 

Information on mutual funds and 

annuities, bank websites with transactional 

capability, certain trustee and custodial 

activities, and captive insurance subsidiaries, 

is used to identify institutions engaged in 

these activities, some of which are not typical 

activities for community banks. If an 

institution begins to report that it engages in 

one or more of these activities or reports a 

significant increase in assets tied to an 

activity between examinations, this may 

indicate the need for examiner follow-up to 

assess the institution’s expertise and 

management of these activities. An 

institution’s involvement in these activities 

may also affect the staffing and scoping of 

examinations, particularly for activities for 

which compliance with applicable laws and 

regulations must be evaluated during 

examinations. The reporting of an 

institution’s internet websites and trade 

names supports the FDIC’s ability to serve as 

an information resource for insured 

institutions by responding to inquiries from 

the public with the most current information 

concerning the insured status of the 

institution behind an internet website or a 

physical branch office that uses a trade name. 

For Qualified Thrift Lenders (QTL) subject 

to 12 U.S.C. 1467a(c), reporting of QTL test 

information assists the agencies in timely 

identifying thrift institutions that need to 

take action to remain in compliance, or that 

fail to comply and become subject to certain 

restrictions. International remittance 

transfers data by type are needed annually to 

monitor compliance with regulatory 

requirements (12 CFR 1005.30, et seq.). 

Different types of transfers pose different 

consumer protection concerns and 

information of transfer activity aids in the 

monitoring of the evolution of this market, 

and how institutions diversify remittance 

offerings beyond wire transfers. 

Schedule RC–R (Regulatory Capital) 

Schedule RC–R collects information about 

an institution’s capital. Part I (Regulatory 

Capital Components and Ratios) collects 

information about the types and amounts of 

capital instruments and the leverage and riskbased capital ratios. Part II (Risk-Weighted 

Assets) collects additional information about 

types of assets on an institution’s balance 

sheet and certain off-balance sheet items to 

use in computing the risk-based capital 

ratios. 

Each federal banking agency is required to 

establish a leverage limit and risk-based 

capital requirement for insured depository 


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institutions under 12 U.S.C. 1831o and to 

monitor compliance with those requirements. 

The agencies implemented the capital 

requirements in their regulatory capital rules 

(12 CFR part 3 for OCC; 12 CFR part 217 for 

the Board; 12 CFR part 324 for the FDIC) and 

the compliance requirements in their prompt 

corrective action rules (12 CFR part 6 for 

OCC; 12 CFR part 208, subpart D for the 

Board; 12 CFR 324, Subpart H for the FDIC). 

The capital rules recognize three types of 

capital instruments: CET–1, Additional Tier 

1, and Tier 2 capital. The total of each type 

on Schedule RC–R, Part I, includes all 

potential adjustments to each component as 

allowed under the capital rules. The capital 

rules also provide for a calculation of riskweighted assets, which consists of assigning 

a risk-weight to every asset on an 

institution’s balance sheet that is not 

deducted from capital, as well as to certain 

off-balance sheet items. Schedule RC–R, Part 

II, includes all of the fields necessary to 

properly calculate an institution’s riskweighted asset amount. Finally, the results of 

the calculation of capital instrument amounts 

and risk-weighted assets are used to calculate 

risk-based and leverage capital ratios on 

Schedule RC–R, Part I. The agencies need to 

be able to monitor compliance with the 

capital rules and prompt corrective action 

provisions no less frequently than quarterly. 

In addition to using the resulting capital 

ratios to determine an institution’s status 

under 12 U.S.C. 1831o and the banking 

agencies’ prompt corrective action 

regulations, the FFIEC member entities use 

the regulatory capital information for other 

purposes. The calculation of Tier 1 capital at 

quarter-end flows into the amount of average 

tangible equity for the calendar quarter that 

institutions report in Schedule RC–O, which 

is used in the measurement of institutions’ 

assessment bases for deposit insurance 

purposes. The Tier 1 leverage ratio is one of 

the inputs into the calculation of deposit 

insurance assessment rates for small 

institutions and Tier 1 capital is a commonly 

used input when calculating these rates for 

large and highly complex institutions. 

Capital adequacy is rated in an institution’s 

on-site examination as the C of the CAMELS 

component ratings, and the information 

provided on Schedule RC–R helps examiners 

evaluate and rate that component. It is also 

used in the off-site monitoring process, and 

is important in reviewing the risk profile and 

viability of a financial institution. For 

example, the ratio of risk-weighted assets to 

unweighted assets has been found to provide 

an informative forward-looking signal 

regarding an institution’s risk posture. The 

information provided on Schedule RC–R also 

is used in deciding whether to approve an 

18-month examination cycle for a specific 

institution and in reviewing merger 

applications. 

Information on specific sub-components of 

regulatory capital is useful as well. For 

example, the amounts of unrealized gains 

and losses on securities that flow into 

regulatory capital provide an indication of an 

institution’s interest rate and market risk. 

Information on the risk weighting of assets 

and off-balance sheet items provides insight 

into management’s risk tolerance and the 

institution’s risk to the deposit insurance 

fund. The risk-weighted asset composition 

information and risk-based capital ratios that 

flow into the UBPR are helpful to examiners 

when reviewing Reports of Examination and 

to establish a peer group average for 

comparison when evaluating changes in 

these items. The risk-weighted asset 

composition information also assists 

examiners in evaluating the reasons for 

changes in total risk-weighted assets over 

time at individual institutions. The 

derivatives exposure items reported in the 

Memoranda section of Schedule RC–R, Part 

II, provide a key insight into the notional 

principal amounts of both cleared and overthe-counter derivatives in the banking 

system, in addition to being inputs into the 

calculation for risk-weighted assets. 

Appendix B—FFIEC 051: To be 

completed by banks with domestic 

offices only and total assets less than $1 

billion 

Data Items Removed, Other Impacts to Data 

Items, Data Items With a Reduction in 

Frequency of Collection, or Data Items with 

an Increase in Reporting Threshold 

DATA ITEMS REMOVED

Schedule Item Item name MDRM No. 

RI ..................... 5.d.(1) ..................................... Fees and commissions from securities brokerage ................. RIADC886. 

RI ..................... 5.d.(2) ..................................... Investment banking, advisory, and underwriting fees and 

commissions.

RIADC888. 

Note: Items 5.d.(1) and 5.d.(2) of Schedule RI will be combined into one data item. 

RI ..................... 5.d.(3) ..................................... Fees and commissions from annuity sales ............................. RIADC887. 

RI ..................... 5.d.(4) ..................................... Underwriting income from insurance and reinsurance activities.RIADC386. 

RI ..................... 5.d.(5) ..................................... Income from other insurance activities ................................... RIADC387. 

Note: Items 5.d.(3), 5.d.(4), and 5.d.(5) of Schedule RI will 

be combined into one data item. 

RI ..................... 5.g ........................................... Net securitization income ........................................................ RIADB493. 

RI ..................... M1 ........................................... Interest expense incurred to carry tax-exempt securities, 

loans, and leases acquired after August 7, 1986, that is 

not deductible for federal income tax purposes.

RIAD4513. 

RI–B, Part II ..... M4 ........................................... Amount of allowance for post-acquisition credit losses on 

purchased credit-impaired loans accounted for in accordance with FASB ASC 310–30 (former AICPA Statement of 

Position 03–3).

RIADC781. 

RI–E ................. 1.f ............................................ Net change in the fair values of financial instruments accounted for under a fair value option.RIADF229. 

RI–E ................. 1.h ........................................... Gains on bargain purchases ................................................... RIADJ447. 

RC .................... 10.a ......................................... Goodwill ................................................................................... RCON3163. 

Note: Schedule RC, item 10.a will be moved to Schedule 

RC–M, new item 2.b. 

RC .................... 10.b ......................................... Other intangible assets (from Schedule RC–M).

Note: Items 10.a and 10.b of Schedule RC will be combined 

into one data item.

RCON0426. 

RC–B ............... 2.a ........................................... U.S. Government agency obligations (exclude mortgagebacked securities): Issued by U.S. Government agencies 

(Columns A through D).

RCON1289, RCON1290, 

RCON1291, RCON1293. 

RC–B ............... 2.b ........................................... U.S. Government agency obligations (exclude mortgagebacked securities): Issued by U.S. Government-sponsored 

agencies (Columns A through D).

RCON1294, RCON1295, 

RCON1297, RCON1298. 

Note: Items 2.a and 2.b of Schedule RC–B will be combined 

into one data item (Columns A through D). 


sradovich on DSK3GMQ082PROD with NOTICES
Federal Register / Vol. 83, No. 5 / Monday, January 8, 2018 / Notices 951 

DATA ITEMS REMOVED—Continued 

Schedule Item Item name MDRM No. 

RC–B ............... 5.b.(1) ..................................... Structured financial products: Cash (Columns A through D). RCONG336, RCONG337, 

RCONG338, RCONG339. 

RC–B ............... 5.b.(2) ..................................... Structured financial products: Synthetic (Columns A through 

D).

RCONG340, RCONG341, 

RCONG342, RCONG343. 

RC–B ............... 5.b.(3) ..................................... Structured financial products: Hybrid (Columns A through D). RCONG344, RCONG345, 

RCONG346, RCONG347. 

Note: Items 5.b.(1), 5.b.(2), and 5.b.(3) of Schedule RC–B 

will be combined into one line item (Columns A through 

D). 

RC–B ............... M6.a ........................................ Structured financial products by underlying collateral or reference assets: Trust preferred securities issued by financial institutions (Columns A through D).RCONG348, RCONG349, 

RCONG350, RCONG351. 

RC–B ............... M6.b ........................................ Structured financial products by underlying collateral or reference assets: Trust preferred securities issued by real 

estate investment trusts (Columns A through D).

RCONG352, RCONG353, 

RCONG354, RCONG355. 

RC–B ............... M6.c ........................................ Structured financial products by underlying collateral or reference assets: Corporate and similar loans (Columns A 

through D).

RCONG356, RCONG357, 

RCONG358, RCONG359. 

RC–B ............... M6.d ........................................ Structured financial products by underlying collateral or reference assets: 1–4 family residential MBS issued or guaranteed by U.S. Government-sponsored enterprises 

(GSEs) (Columns A through D).

RCONG360, RCONG361, 

RCONG362, RCONG363. 

RC–B ............... M6.e ........................................ Structured financial products by underlying collateral or reference assets: 1–4 family residential MBS not issued or 

guaranteed by GSEs (Columns A through D).

RCONG364, RCONG365, 

RCONG366, RCONG367. 

RC–B ............... M6.f ......................................... Structured financial products by underlying collateral or reference assets: Diversified (mixed) pools of structured financial products (Columns A through D).RCONG368, RCONG369, 

RCONG370, RCONG371. 

RC–B ............... M6.g ........................................ Structured financial products by underlying collateral or reference assets: Other collateral or reference assets (Columns A through D).RCONG372, RCONG373, 

RCONG374, RCONG375. 

RC–K ............... 7 .............................................. Trading assets ......................................................................... RCON3401. 

RC–L ................ 1.b.(1) ..................................... Unused consumer credit card lines ........................................ RCONJ455. 

RC–L ................ 1.b.(2) ..................................... Other unused credit card lines ................................................ RCONJ456. 

RC–L ................ 1.d ........................................... Unused commitments: Securities underwriting ....................... RCON3817. 

RC–M ............... 2.b ........................................... Purchased credit card relationships and nonmortgage servicing assets.RCONB026. 

................................................. Note: Amounts reported in item 2.b will be included in item 

2.c, All other identifiable intangible assets. 

RC–M ............... 3.f ............................................ Foreclosed properties from ‘‘GNMA loans’’ ............................ RCONC979. 

................................................. Note: Amounts reported in item 3.f will be included in item 

3.c, Other real estate owned: 1–4 family residential properties. 

OTHER IMPACTS TO DATA ITEMS

Schedule Item Item name MDRM No. 

RI ..................... 5.d.(1) (New) .......................... Fees and commissions from securities brokerage, investment banking, advisory, and underwriting activities.To be determined (TBD). 

Note: Items 5.d.(1) and 5.d.(2) of Schedule RI removed 

above will be combined into this data item. 

RI ..................... 5.d.(2) (New) .......................... Income from insurance activities (includes underwriting income from insurance and reinsurance activities).TBD. 

Note: Items 5.d.(3), 5.d.(4), and 5.d.(5) of Schedule RI removed above will be combined into this data item. 

RC .................... 10 (New) ................................. Intangible assets (from Schedule RC–M) ............................... RCON2143. 

Note: Items 10.a and 10.b of Schedule RC removed above 

will be combined into this data item. 

RC–B ............... 2 (New) ................................... U.S. Government agency and sponsored agency obligations 

(exclude mortgage-backed securities (Columns A through 

D).

Note: Items 2.a and 2.b of Schedule RC–B removed above 

will be combined into this data item (Columns A through 

D).

TBD (4 MDRMs). 

RC–B ............... 5.b (New) ................................ Structured financial products (Columns A through D) ............ TBD (4 MDRMs). 

Note: Items 5.b.(1), 5.b.(2), and 5.b.(3) of Schedule RC–B 

removed above will be combined into this line item (Columns A through D). 

RC–M ............... 2.b (Re-mapping) ................... Goodwill ................................................................................... RCON3163. 


sradovich on DSK3GMQ082PROD with NOTICES
952 Federal Register / Vol. 83, No. 5 / Monday, January 8, 2018 / Notices 

OTHER IMPACTS TO DATA ITEMS—Continued 

Schedule Item Item name MDRM No. 

Note: Schedule RC, item 10.a will be moved to Schedule 

RC–M, new item 2.b., and the phrase ‘‘other than goodwill’’ will be removed from the caption for Schedule RC–M, 

item 2. 

Data Items With a Reduction in Frequency 

of Collection 

SEMIANNUAL REPORTING

[June 30 and December 31] 

Schedule Item Item name MDRM No. 

RC–B ............... M3 ........................................... Amortized cost of held-to-maturity securities sold or transferred to available-for-sale or trading securities during the 

calendar year-to-date.

RCON1778. 

RC–C, Part I .... M7.a ........................................ Purchased credit-impaired loans held for investment accounted for in accordance with FASB ASC 310–30: Outstanding balance.RCONC779. 

RC–C, Part I .... M7.b ........................................ Purchased credit-impaired loans held for investment accounted for in accordance with FASB ASC 310–30: 

Amount included in Schedule RC–C, Part I, items 1 

through 9.

RCONC780. 

RC–C, Part I .... M8.a ........................................ Total amount of closed-end loans with negative amortization 

features secured by 1–4 family residential properties.

RCONF230. 

RC–C, Part I .... M12 ......................................... Loans (not subject to the requirements of FASB ASC 310– 

30 (former AICPA Statement of Position 03–3)) and 

leases held for investment that were acquired in business 

combinations with acquisition dates in the current calendar 

year (Columns A through C).

RCONGW45, RCONGW46, 

RCONGW47. 

RC–L ................ 11.a ......................................... Year-to-date merchant credit card sales volume: Sales for 

which the reporting bank is the acquiring bank.

RCONC223. 

RC–L ................ 11.b ......................................... Year-to-date merchant credit card sales volume: Sales for 

which the reporting bank is the agent bank with risk.

RCONC224. 

RC–N ............... M7 ........................................... Additions to nonaccrual assets during the quarter ................. RCONC410. 

Note: This caption would be revised to ‘‘Additions to nonaccrual assets during the last 6 months.’’ 

RC–N ............... M8 ........................................... Nonaccrual assets sold during the quarter ............................. RCONC411. 

Note: This caption would be revised to ‘‘Nonaccrual assets 

sold during the last 6 months.’’ 

RC–N ............... M9.a ........................................ Purchased credit-impaired loans accounted for in accordance with FASB ASC 310–30 (former AICPA Statement of 

Position 03–3): Outstanding balance (Columns A through 

C).

RCONL183, RCONL184, 

RCONL185. 

RC–N ............... M9.b ........................................ Purchased credit-impaired loans accounted for in accordance with FASB ASC 310–30 (former AICPA Statement of 

Position 03–3): Amount included in Schedule RC–N, items 

1 through 7, above (Columns A through C).

RCONL186, RCONL187, 

RCONL188. 

ANNUAL REPORTING

[December 31] 

Schedule Item Item name MDRM No. 

RI–E ................. 1.a through 1.l ........................ Other noninterest income (from Schedule RI, item 5.l) .......... RIADC013, RIADC014, 

RIADC016, RIAD4042, 

RIADC015, RIADF555, 

RIADT047, RIAD4461, 

RIAD4462, RIAD4463. 

RI–E ................. 2.a through 2.p ....................... Other noninterest expense (from Schedule RI, item 7.d) ....... RIADC017, RIAD0497, 

RIAD4136, RIADC018, 

RIAD8403, RIAD4141, 

RIAD4146, RIADF556, 

RIADF557, RIADF558, 

RIADF559, RIADY923, 

RIADY924, RIAD4464, 

RIAD4467, RIAD4468. 


sradovich on DSK3GMQ082PROD with NOTICES
Federal Register / Vol. 83, No. 5 / Monday, January 8, 2018 / Notices 953 

DATA ITEMS WITH AN INCREASE IN REPORTING THRESHOLD

[To be completed by banks with components of other noninterest income in amounts greater than $100,000 that exceed 7 percent of Schedule 

RI, item 5.l] 

Schedule Item Item name MDRM No. 

RI–E ................. 1.a through 1.l ........................ Other noninterest income (from Schedule RI, item 5.l) .......... RIADC013, RIADC014, 

RIADC016, RIAD4042, 

RIADC015, RIADF555, 

RIADT047, RIAD4461, 

RIAD4462, RIAD4463. 

[To be completed by banks with components of other noninterest expense in amounts greater than $100,000 that exceed 7 percent of Schedule 

RI, item 7.d] 

Schedule Item Item name MDRM No. 

RI–E ................. 2.a through 2.p ....................... Other noninterest expense (from Schedule RI, item 7.d) ....... RIADC017, RIAD0497, 

RIAD4136, RIADC018, 

RIAD8403, RIAD4141, 

RIAD4146, RIADF556, 

RIADF557, RIADF558, 

RIADF559, RIADY923, 

RIADY924, RIAD4464, 

RIAD4467, RIAD4468. 

Appendix C—FFIEC 041: To Be 

Completed by Banks With Domestic 

Offices Only and Consolidated Total 

Assets Less Than $100 Billion 

Data Items Removed, Other Impacts to Data 

Items, Data Items With a Reduction in 

Frequency of Collection, or Data Items With 

an Increase in Reporting Threshold 

DATA ITEMS REMOVED

Schedule Item Item name MDRM No. 

RI ..................... M8.a ........................................ Trading revenue from interest rate exposures ........................ RIAD8757. 

RI ..................... M8.b ........................................ Trading revenue from foreign exchange exposures ............... RIAD8758. 

RI ..................... M8.c ........................................ Trading revenue from equity security and index exposures ... RIAD8759. 

RI ..................... M8.d ........................................ Trading revenue from commodity and other exposures ......... RIAD8760. 

RI ..................... M8.e ........................................ Trading revenue from credit exposures .................................. RIADF186. 

RI ..................... M8.f.(1) ................................... Impact on trading revenue of changes in the creditworthiness of the bank’s derivatives counterparties on the 

bank’s derivative assets: Gross credit valuation adjustment (CVA).

RIADFT36. 

RI ..................... M8.f.(2) ................................... Impact on trading revenue of changes in the creditworthiness of the bank’s derivatives counterparties on the 

bank’s derivative assets: CVA hedge.

RIADFT37. 

RI ..................... M8.g.(1) .................................. Impact on trading revenue of changes in the creditworthiness of the bank on the bank’s derivative liabilities: Gross 

debit valuation adjustment (DVA).

RIADFT38. 

RI ..................... M8.g.(2) .................................. Impact on trading revenue of changes in the creditworthiness of the bank on the bank’s derivative liabilities: DVA 

hedge.

RIADFT39. 

RI ..................... M8.h ........................................ Gross trading revenue before including positive or negative 

net CVA and net DVA.

RIADFT40. 

RI–E ................. 1.f ............................................ Net change in the fair values of financial instruments accounted for under a fair value option.RIADF229. 

RI–E ................. 1.h ........................................... Gains on bargain purchases ................................................... RIADJ447. 

RC .................... 10.a ......................................... Goodwill ................................................................................... RCON3163. 

Note: Schedule RC, item 10.a will be moved to Schedule 

RC–M, new item 2.b.

RC .................... 10.b ......................................... Other intangible assets (from Schedule RC–M) ..................... RCON0426. 

Note: Items 10.a and 10.b of Schedule RC will be combined 

into one data item.


sradovich on DSK3GMQ082PROD with NOTICES
954 Federal Register / Vol. 83, No. 5 / Monday, January 8, 2018 / Notices 

DATA ITEMS REMOVED—Continued 

Schedule Item Item name MDRM No. 

RC–B ............... 2.a ........................................... U.S. Government agency obligations (exclude mortgagebacked securities): Issued by U.S. Government agencies 

(Columns A through D).

RCON1289, RCON1290, 

RCON1291, RCON1293. 

RC–B ............... 2.b ........................................... U.S. Government agency obligations (exclude mortgagebacked securities): Issued by U.S. Government-sponsored 

agencies (Columns A through D).

RCON1294, RCON1295, 

RCON1297, RCON1298. 

Note: Items 2.a and 2.b of Schedule RC–B will be combined 

into one data item (Columns A through D).

RC–B ............... 5.b.(1) ..................................... Structured financial products: Cash (Columns A through D). RCONG336, RCONG337, 

RCONG338, RCONG339. 

RC–B ............... 5.b.(2) ..................................... Structured financial products: Synthetic (Columns A through 

D).

RCONG340, RCONG341, 

RCONG342, RCONG343. 

RC–B ............... 5.b.(3) ..................................... Structured financial products: Hybrid (Columns A through D). RCONG344, RCONG345, 

RCONG346, RCONG347. 

Note: Items 5.b.(1), 5.b.(2), and 5.b.(3) of Schedule RC–B 

will be combined into one data item.

RC–D ............... 5.a.(1) ..................................... Structured financial products: Cash ........................................ RCONG383. 

RC–D ............... 5.a.(2) ..................................... Structured financial products: Synthetic .................................. RCONG384. 

RC–D ............... 5.a.(3) ..................................... Structured financial products: Hybrid ...................................... RCONG385. 

Note: Items 5.a.(1), 5.a.(2), and 5.a.(3) of Schedule RC–D 

will be combined into one data item.

RC–D ............... 6.a.(1) ..................................... Construction, land development, and other land loans .......... RCONF604. 

RC–D ............... 6.a.(2) ..................................... Loans secured by farmland ..................................................... RCONF605. 

RC–D ............... 6.a.(3)(a) ................................. Revolving, open-end loans secured by 1–4 family residential 

properties and extended under lines of credit.

RCONF606. 

RC–D ............... 6.a.(3)(b)(1) ............................ Closed-end loans secured by 1–4 family residential properties: Secured by first liens.RCONF607. 

RC–D ............... 6.a.(3)(b)(2) ............................ Closed-end loans secured by 1–4 family residential properties: Secured by junior liens.RCONF611. 

RC–D ............... 6.a.(4) ..................................... Loans secured by multifamily (5 or more) residential properties.RCONF612. 

RC–D ............... 6.a.(5) ..................................... Loans secured by nonfarm nonresidential properties ............. RCONF613. 

Note: Items 6.a.(1), 6.a.(2), 6.a.(3)(a), 6.a.(3)(b)(1), 

6.a.(3)(b)(2), 6.a.(4), and 6.a.(5) of Schedule RC–D will be 

replaced by two data items: (1) Loans secured by 1–4 

family residential properties, and (2) All other loans secured by real estate.

RC–D ............... 6.c.(1) ..................................... Loans to individuals for household, family, and other personal expenditures: Credit cards.RCONF615. 

RC–D ............... 6.c.(2) ..................................... Loans to individuals for household, family, and other personal expenditures: Other revolving credit plans.RCONF616. 

RC–D ............... 6.c.(3) ..................................... Loans to individuals for household, family, and other personal expenditures: Automobile loans.RCONK199. 

RC–D ............... 6.c.(4) ..................................... Loans to individuals for household, family, and other personal expenditures: Other consumer loans.RCONK210. 

Note: Items 6.c.(1), 6.c.(2), 6.c.(3), and 6.c.(4) of Schedule 

RC–D will be combined into one data item.

RC–D ............... M1.a.(1) .................................. Unpaid principal balance of loans measured at fair value: 

Construction, land development, and other land loans.

RCONF625. 

RC–D ............... M1.a.(2) .................................. Unpaid principal balance of loans measured at fair value: 

Loans secured by farmland.

RCONF626. 

RC–D ............... M1.a.(3)(a) .............................. Unpaid principal balance of loans measured at fair value: 

Revolving, open-end loans secured by 1–4 family residential properties and extended under lines of credit.

RCONF627. 

RC–D ............... M1.a.(3)(b)(1) ......................... Unpaid principal balance of loans measured at fair value: 

Closed-end loans secured by 1–4 family residential properties: Secured by first liens.

RCONF628. 

RC–D ............... M1.a.(3)(b)(2) ......................... Unpaid principal balance of loans measured at fair value: 

Closed-end loans secured by 1–4 family residential properties: Secured by junior liens.

RCONF629. 

RC–D ............... M1.a.(4) .................................. Unpaid principal balance of loans measured at fair value: 

Loans secured by multifamily (5 or more) residential properties.

RCONF630. 

RC–D ............... M1.a.(5) .................................. Unpaid principal balance of loans measured at fair value: 

Loans secured by nonfarm nonresidential properties.

RCONF631. 

Note: Items M1.a.(1), M1.a.(2), M1.a.(3)(a), M1.a.(3)(b)(1), 

M1.a.(3)(b)(2), M1.a.(4), and M1.a.(5) of Schedule RC–D 

will be replaced by two data items: (1) Unpaid principal 

balance of loans measured at fair value: Loans secured 

by 1–4 family residential properties, and (2) Unpaid principal balance of loans measured at fair value: All other 

loans secured by real estate.


sradovich on DSK3GMQ082PROD with NOTICES
Federal Register / Vol. 83, No. 5 / Monday, January 8, 2018 / Notices 955 

DATA ITEMS REMOVED—Continued 

Schedule Item Item name MDRM No. 

RC–D ............... M1.c.(1) .................................. Unpaid principal balance of loans measured at fair value: 

Loans to individuals for household, family, and other personal expenditures: Credit cards.

RCONF633. 

RC–D ............... M1.c.(2) .................................. Unpaid principal balance of loans measured at fair value: 

Loans to individuals for household, family, and other personal expenditures: Other revolving credit plans.

RCONF634. 

RC–D ............... M1.c.(3) .................................. Unpaid principal balance of loans measured at fair value: 

Loans to individuals for household, family, and other personal expenditures: Automobile loans.

RCONK200. 

RC–D ............... M1.c.(4) .................................. Unpaid principal balance of loans measured at fair value: 

Loans to individuals for household, family, and other personal expenditures: Other consumer loans.

RCONK211. 

Note: Items M1.c.(1), M1.c.(2), M1.c.(3), and M1.c.(4) of 

Schedule RC–D will be combined into one data item. 

RC–D ............... M2.a ........................................ Loans measured at fair value that are past due 90 days or 

more: Fair value.

RCONF639. 

RC–D ............... M2.b ........................................ Loans measured at fair value that are past due 90 days or 

more: Unpaid principal balance.

RCONF640. 

RC–D ............... M3.a ........................................ Structured financial products by underlying collateral or reference assets: Trust preferred securities issued by financial institutions.RCONG299. 

RC–D ............... M3.b ........................................ Structured financial products by underlying collateral or reference assets: Trust preferred securities issued by real 

estate investment trusts.

RCONG332. 

RC–D ............... M3.c ........................................ Structured financial products by underlying collateral or reference assets: Corporate and similar loans.RCONG333. 

RC–D ............... M3.d ........................................ Structured financial products by underlying collateral or reference assets: 1–4 family residential MBS issued or guaranteed by U.S. Government-sponsored enterprises 

(GSEs).

RCONG334. 

RC–D ............... M3.e ........................................ Structured financial products by underlying collateral or reference assets: 1–4 family residential MBS not issued or 

guaranteed by GSEs.

RCONG335. 

RC–D ............... M3.f ......................................... Structured financial products by underlying collateral or reference assets: Diversified (mixed) pools of structured financial products.RCONG651. 

RC–D ............... M3.g ........................................ Structured financial products by underlying collateral or reference assets: Other collateral or reference assets.RCONG652. 

RC–D ............... M4.a ........................................ Pledged trading assets: Pledged securities ............................ RCONG387. 

RC–D ............... M4.b ........................................ Pledged trading assets: Pledged loans .................................. RCONG388. 

RC–D ............... M5.a ........................................ Asset-backed securities: Credit card receivables ................... RCONF643. 

RC–D ............... M5.b ........................................ Asset-backed securities: Home equity lines ........................... RCONF644. 

RC–D ............... M5.c ........................................ Asset-backed securities: Automobile loans ............................ RCONF645. 

RC–D ............... M5.d ........................................ Asset-backed securities: Other consumer loans .................... RCONF646. 

RC–D ............... M5.e ........................................ Asset-backed securities: Commercial and industrial loans .... RCONF647. 

RC–D ............... M5.f ......................................... Asset-backed securities: Other ............................................... RCONF648. 

RC–D ............... M6 ........................................... Retained beneficial interests in securitizations ....................... RCONF651. 

RC–D ............... M7.a ........................................ Equity securities: Readily determinable fair values ................ RCONF652. 

RC–D ............... M7.b ........................................ Equity securities: Other ........................................................... RCONF653. 

RC–D ............... M8 ........................................... Loans pending securitization ................................................... RCONF654. 

RC–D ............... M9 ........................................... Other trading assets ................................................................ RCONF655, RCONF656, 

RCONF657. 

RC–D ............... M10 ......................................... Other trading liabilities ............................................................. RCONF658, RCONF659, 

RCONF660. 

RC–L ................ 1.a.(1) ..................................... Unused commitments for Home Equity Conversion Mortgage 

(HECM) reverse mortgages outstanding that are held for 

investment.

RCONJ477. 

RC–L ................ 1.a.(2) ..................................... Unused commitments for proprietary reverse mortgages outstanding that are held for investment.RCONJ478. 

Note: Items 1.a.(1) and 1.a.(2) of Schedule RC–L will be 

combined into one data item.

RC–L ................ 8 .............................................. Spot foreign exchange contracts ............................................ RCON8765. 

RC–L ................ 16.a ......................................... Over-the-counter derivatives: Net current credit exposure 

(Columns B, C, and D).

RCONG419, RCONG420, 

RCONG421. 

RC–L ................ 16.b.(1) ................................... Over-the-counter derivatives: Fair value of collateral: Cash— 

U.S. dollar (Columns B, C, and D).

RCONG424, RCONG425, 

RCONG426. 

RC–L ................ 16.b.(2) ................................... Over-the-counter derivatives: Fair value of collateral: Cash— 

Other currencies (Columns B, C, and D).

RCONG429, RCONG430, 

RCONG431. 

RC–L ................ 16.b.(3) ................................... Over-the-counter derivatives: Fair value of collateral: U.S. 

Treasury securities (Columns B, C, and D).

RCONG434, RCONG435, 

RCONG436. 


sradovich on DSK3GMQ082PROD with NOTICES
956 Federal Register / Vol. 83, No. 5 / Monday, January 8, 2018 / Notices 

DATA ITEMS REMOVED—Continued 

Schedule Item Item name MDRM No. 

RC–L ................ 16.b.(4) ................................... Over-the-counter derivatives: Fair value of collateral: U.S. 

Government agency and U.S. Government-sponsored 

agency debt securities (Columns A, B, C, D, and E).

RCONG438, RCONG439, 

RCONG440, RCONG441, 

RCONG442 

RC–L ................ 16.b.(5) ................................... Over-the-counter derivatives: Fair value of collateral: Corporate bonds (Columns A, B, C, D, and E).RCONG443, RCONG444, 

RCONG445, RCONG446, 

RCONG447. 

RC–L ................ 16.b.(6) ................................... Over-the-counter derivatives: Fair value of collateral: Equity 

securities (Columns A, B, C, D, and E).

RCONG448, RCONG449, 

RCONG450, RCONG451, 

RCONG452. 

RC–L ................ 16.b.(7) ................................... Over-the-counter derivatives: Fair value of collateral: All 

other collateral (Columns B, C, and D).

Note: Amounts reported in items 16.b.(4), 16.b.(5), and 

16.b.(6), Columns A and E, will be included in item 

16.b.(7), Columns A and E.

RCONG454, RCONG455 

RCONG456. 

RC–L ................ 16.b.(8) ................................... Over-the-counter derivatives: Fair value of collateral: Total 

fair value of collateral (Columns B, C, and D).

RCONG459, RCONG460 

RCONG461. 

Note: Amounts reported in items 16.a, 16.b.(1), 16.b.(2), 

16.b.(3), 16.b.(4), 16.b.(5), 16.b.(6), and 16.b.(7), Columns 

B, C, and D, will be included in items 16.a, 16.b.(1), 

16.b.(2), 16.b.(3), and 16.b.(7), Column E.

RC–M ............... 2.b ........................................... Purchased credit card relationships and nonmortgage servicing assets.RCONB026. 

Note: Amounts reported in item 2.b will be included in item 

2.c, All other identifiable intangible assets.

RC–M ............... 3.f ............................................ Foreclosed properties from ’’GNMA loans’’ ............................ RCONC979. 

Note: Amounts reported in item 3.f will be included in item 

3.c, Other real estate owned: 1–4 family residential properties.

OTHER IMPACTS TO DATA ITEMS

Schedule Item Item name MDRM No. 

RC .................... 10 (New) ................................. Intangible assets ..................................................................... RCON2143. 

Note: Items 10.a and 10.b of Schedule RC will be combined 

into this data item.

RC–B ............... 2 (New) ................................... U.S. Government agency and sponsored agency obligations 

(exclude mortgage-backed securities (Columns A through 

D).

TBD (4 MDRMs). 

Note: Items 2.a and 2.b of Schedule RC–B removed above 

will be combined into this data item (Columns A through 

D).

RC–B ............... 5.b (New) ................................ Structured financial products (Columns A through D) ............ TBD (4 MDRMs). 

Note: Items 5.b.(1), 5.b.(2), and 5.b.(3) of Schedule RC–B 

removed above will be combined into this data item (Columns A through D).

RC–D ............... 5.a (New) ................................ Structured financial products ................................................... TBD. 

Note: Items 5.a.(1), 5.a.(2), and 5.a.(3) of Schedule RC–D 

removed above will be combined into this data item.

RC–D ............... 6.a.(1) (New) .......................... Loans secured by 1–4 family residential properties ............... TBD.

Note: Items 6.a.(3)(a), 6.a.(3)(b)(1), and 6.a.(3)(b)(2) of 

Schedule RC–D removed above will be combined into this 

data item.

RC–D ............... 6.a.(2) (New) .......................... All other loans secured by real estate .................................... TBD. 

Note: Items 6.a.(1), 6.a.(2), 6.a.(4), and 6.a.(5) of Schedule 

RC–D removed above will be combined into this data item.

RC–D ............... 6.c (New) ................................ Loans to individuals for household, family and other personal expenditures (i.e., consumer loans) (includes purchased paper).TBD. 

Note: Items 6.c.(1), 6.c.(2), 6.c.(3), and 6.c.(4) of Schedule 

RC–D removed above will be combined into this data item.

RC–D ............... M1.a.(1) (New) ....................... Unpaid principal balance of loans measured at fair value: 

Loans secured by 1–4 family residential properties.

TBD. 

Note: Items M1.a.(3)(a), M1.a.(3)(b)(1), and M1.a.(3)(b)(2) of 

Schedule RC–D removed above will be combined into this 

data item.

RC–D ............... M1.a.(2) (New) ....................... Unpaid principal balance of loans measured at fair value: All 

other loans secured by real estate.

TBD. 

Note: Items M1.a.(1), M1.a.(2), M1.a.(4), and M1.a.(5) of 

Schedule RC–D removed above will be combined into this 

data item.


sradovich on DSK3GMQ082PROD with NOTICES
Federal Register / Vol. 83, No. 5 / Monday, January 8, 2018 / Notices 957 

OTHER IMPACTS TO DATA ITEMS—Continued 

Schedule Item Item name MDRM No. 

RC–D ............... M1.c (New) ............................. Unpaid principal balance of loans measured at fair value: 

Loans to individuals for household, family, and other personal expenditures.

TBD. 

Note: Items M1.c.(1), M1.c.(2), M1.c.(3), and M1.c.(4) of 

Schedule RC–D removed above will be combined into this 

data item.

RC–L ................ 1.a.(1) (New) .......................... Unused commitments for reverse mortgages outstanding 

that are held for investment.

TBD. 

Note: Items 1.a.(1) and 1.a.(2) of Schedule RC–L removed 

above will be combined into this data item.

RC–M ............... 2.b (Re-mapping) ................... Goodwill ................................................................................... RCON3163. 

Note: Schedule RC, item 10.a will be moved to Schedule 

RC–M, new item 2.b., and the phrase ‘‘other than goodwill’’ will be removed from the caption for Schedule RC–M, 

item 2.

Data Items With a Reduction in Frequency 

of Collection 

SEMIANNUAL REPORTING

[June 30 and December 31] 

Schedule Item Item name MDRM No. 

RI ..................... M12 ......................................... Noncash income from negative amortization on closed-end 

loans secured by 1–4 family residential properties.

RIADF228. 

RC–B ............... M3 ........................................... Amortized cost of held-to-maturity securities sold or transferred to available-for-sale or trading securities during the 

calendar year-to-date.

RCON1778. 

RC–C, Part I .... M7.a ........................................ Purchased credit-impaired loans held for investment accounted for in accordance with FASB ASC 310–30: Outstanding balance.RCONC779. 

RC–C, Part I .... M7.b ........................................ Purchased credit-impaired loans held for investment accounted for in accordance with FASB ASC 310–30: 

Amount included in Schedule RC–C, Part I, items 1 

through 9.

RCONC780. 

RC–C, Part I .... M8.a ........................................ Total amount of closed-end loans with negative amortization 

features secured by 1–4 family residential properties.

RCONF230. 

RC–C, Part I .... M8.b ........................................ Total maximum remaining amount of negative amortization 

contractually permitted on closed-end loans secured by 1– 

4 family residential properties.

RCONF231. 

RC–C, Part I .... M8.c ........................................ Total amount of negative amortization on closed-end loans 

secured by 1–4 family residential properties included in 

the amount reported in Memorandum item 8.a above.

RCONF232. 

RC–C, Part I .... M12.a ...................................... Loans (not subject to the requirements of FASB ASC 310– 

30 (former AICPA Statement of Position 03–3)) and 

leases held for investment that were acquired in business 

combinations with acquisition dates in the current calendar 

year: Loans secured by real estate (Columns A through 

C).

RCONG091, RCONG092, 

RCONG093. 

RC–C, Part I .... M12.b ...................................... Loans (not subject to the requirements of FASB ASC 310– 

30 (former AICPA Statement of Position 03–3)) and 

leases held for investment that were acquired in business 

combinations with acquisition dates in the current calendar 

year: Commercial and industrial loans (Columns A through 

C).

RCONG094, RCONG095, 

RCONG096. 

RC–C, Part I .... M12.c ...................................... Loans (not subject to the requirements of FASB ASC 310– 

30 (former AICPA Statement of Position 03–3)) and 

leases held for investment that were acquired in business 

combinations with acquisition dates in the current calendar 

year: Loans to individuals for household, family, and other 

personal expenditures (Columns A through C).

RCONG097, RCONG098, 

RCONG099. 

RC–C, Part I .... M12.d ...................................... Loans (not subject to the requirements of FASB ASC 310– 

30 (former AICPA Statement of Position 03–3)) and 

leases held for investment that were acquired in business 

combinations with acquisition dates in the current calendar 

year: All other loans and all leases (Columns A through C).

RCONG100, RCONG101, 

RCONG102. 

RC–L ................ 1.b.(1) ..................................... Unused consumer credit card lines ........................................ RCONJ455. 

RC–L ................ 1.b.(2) ..................................... Other unused credit card lines ................................................ RCONJ456. 


sradovich on DSK3GMQ082PROD with NOTICES
958 Federal Register / Vol. 83, No. 5 / Monday, January 8, 2018 / Notices 

SEMIANNUAL REPORTING—Continued 

[June 30 and December 31] 

Schedule Item Item name MDRM No. 

RC–L ................ 11.a ......................................... Year-to-date merchant credit card sales volume: Sales for 

which the reporting bank is the acquiring bank.

RCONC223. 

RC–L ................ 11.b ......................................... Year-to-date merchant credit card sales volume: Sales for 

which the reporting bank is the agent bank with risk.

RCONC224. 

RC–N ............... M7 ........................................... Additions to nonaccrual assets during the quarter ................. RCONC410. 

Note: This caption would be revised to ‘‘Additions to nonaccrual assets during the last 6 months’’.

RC–N ............... M8 ........................................... Nonaccrual assets sold during the quarter ............................. RCONC411. 

Note: This caption would be revised to ’’Nonaccrual assets 

sold during the last 6 months’’.

RC–N ............... M9.a ........................................ Purchased credit-impaired loans accounted for in accordance with FASB ASC 310–30 (former AICPA Statement of 

Position 03–3): Outstanding balance (Columns A through 

C).

RCONL183, RCONL184, 

RCONL185. 

RC–N ............... M9.b ........................................ Purchased credit-impaired loans accounted for in accordance with FASB ASC 310–30 (former AICPA Statement of 

Position 03–3): Amount included in Schedule RC–N, items 

1 through 7, above (Columns A through C).

RCONL186, RCONL187, 

RCONL188. 

ANNUAL REPORTING

[December] 

Schedule Item Item name MDRM No. 

RC–M ............... 9 .............................................. Do any of the bank’s internet websites have transactional 

capability, i.e., allow the bank’s customers to execute 

transactions on their accounts through the website? 

RCON4088. 

RC–M ............... 14.a ......................................... Total assets of captive insurance subsidiaries ....................... RCONK193. 

RC–M ............... 14.b ......................................... Total assets of captive reinsurance subsidiaries .................... RCONK194. 

Data Items With an Increase in Reporting 

Threshold 

Schedule RC–D is to be completed by 

banks that reported total trading assets of $10 

million or more in any of the four preceding 

calendar quarters and all banks meeting the 

FDIC’s definition of a large or highly complex 

institution for deposit insurance assessment 

purposes. 

TO BE COMPLETED BY BANKS WITH $10 BILLION OR MORE IN TOTAL ASSETS

Schedule Item Item name MDRM No. 

RC–B ............... M5.a ........................................ Asset-backed securities: Credit card receivables (Columns 

A, B, C, and D).

RCONB838, RCONB839, 

RCONB840, RCONB841. 

RC–B ............... M5.b ........................................ Asset-backed securities: Home equity lines (Columns A, B, 

C, and D).

RCONB842, RCONB843, 

RCONB844, RCONB845. 

RC–B ............... M5.c ........................................ Asset-backed securities: Automobile loans (Columns A, B, 

C, and D).

RCONB846, RCONB847, 

RCONB848, RCONB849. 

RC–B ............... M5.d ........................................ Asset-backed securities: Other consumer loans (Columns A, 

B, C, and D).

RCONB850, RCONB851, 

RCONB852, RCONB853. 

RC–B ............... M5.e ........................................ Asset-backed securities: Commercial and industrial loans 

(Columns A, B, C, and D).

RCONB854, RCONB855, 

RCONB856, RCONB857. 

RC–B ............... M5.f ......................................... Asset-backed securities: Other (Columns A, B, C, and D) .... RCONB858, RCONB859, 

RCONB860, RCONB861. 

RC–B ............... M6.a ........................................ Structured financial products by underlying collateral or reference assets: Trust preferred securities issued by financial institutions (Columns A through D).RCONG348, RCONG349, 

RCONG350, RCONG351. 

RC–B ............... M6.b ........................................ Structured financial products by underlying collateral or reference assets: Trust preferred securities issued by real 

estate investment trusts (Columns A through D).

RCONG352, RCONG353, 

RCONG354, RCONG355. 

RC–B ............... M6.c ........................................ Structured financial products by underlying collateral or reference assets: Corporate and similar loans (Columns A 

through D).

RCONG356, RCONG357, 

RCONG358, RCONG359. 

RC–B ............... M6.d ........................................ Structured financial products by underlying collateral or reference assets: 1–4 family residential MBS issued or guaranteed by U.S. Government-sponsored enterprises 

(GSEs) (Columns A through D).

RCONG360, RCONG361, 

RCONG362, RCONG363. 

RC–B ............... M6.e ........................................ Structured financial products by underlying collateral or reference assets: 1–4 family residential MBS not issued or 

guaranteed by GSEs (Columns A through D).

RCONG364, RCONG365, 

RCONG366, RCONG367. 


sradovich on DSK3GMQ082PROD with NOTICES
Federal Register / Vol. 83, No. 5 / Monday, January 8, 2018 / Notices 959 

TO BE COMPLETED BY BANKS WITH $10 BILLION OR MORE IN TOTAL ASSETS—Continued 

Schedule Item Item name MDRM No. 

RC–B ............... M6.f ......................................... Structured financial products by underlying collateral or reference assets: Diversified (mixed) pools of structured financial products (Columns A through D).RCONG368, RCONG369, 

RCONG370, RCONG371. 

RC–B ............... M6.g ........................................ Structured financial products by underlying collateral or reference assets: Other collateral or reference assets (Columns A through D).RCONG372, RCONG373, 

RCONG374, RCONG375. 

TO BE COMPLETED BY BANKS WITH COMPONENTS OF OTHER NONINTEREST INCOME IN AMOUNTS GREATER THAN

$100,000 THAT EXCEED 7 PERCENT OF SCHEDULE RI, ITEM 5.L

Schedule Item Item name MDRM No. 

RI–E ................. 1.a through 1.l ........................ Other noninterest income (from Schedule RI, item 5.l) .......... RIADC013, RIADC014, 

RIADC016, RIAD4042, 

RIADC015, RIADF555, 

RIADT047, RIAD4461, 

RIAD4462, RIAD4463. 

TO BE COMPLETED BY BANKS WITH COMPONENTS OF OTHER NONINTEREST EXPENSE IN AMOUNTS GREATER THAN

$100,000 THAT EXCEED 7 PERCENT OF SCHEDULE RI, ITEM 7.D

Schedule Item Item name MDRM No. 

RI–E ................. 2.a through 2.p ....................... Other noninterest expense (from Schedule RI, item 7.d) ....... RIADC017, RIAD0497, 

RIAD4136, RIADC018, 

RIAD8403, RIAD4141, 

RIAD4146, RIADF556, 

RIADF557, RIADF558, 

RIADF559, RIADY923, 

RIADY924, RIAD4464, 

RIAD4467, RIAD4468. 

TO BE COMPLETED BY BANKS WITH TOTAL TRADING ASSETS OF $10 MILLION OR MORE IN ANY OF THE FOUR PRECEDING

CALENDAR QUARTERS AND ALL BANKS MEETING THE FDIC’S DEFINITION OF A LARGE OR HIGHLY COMPLEX INSTITUTION FOR DEPOSIT INSURANCE ASSESSMENT PURPOSES

Schedule Item Item name MDRM No. 

RC–K ............... 7 .............................................. Trading assets ......................................................................... RCON3401. 

Appendix D—FFIEC 031: To Be 

Completed by Banks With Domestic 

and Foreign Offices and Banks With 

Domestic Offices Only and 

Consolidated Total Assets of $100 

Billion or More 

Data Items Removed, Other Impacts to Data 

Items, Data Items With a Reduction in 

Frequency of Collection, or Data Items with 

an Increase in Reporting Threshold 

DATA ITEMS REMOVED

Schedule Item Item name MDRM No. 

RI–E ................. 1.f ............................................ Net change in the fair values of financial instruments accounted for under a fair value option.RIADF229. 

RI–E ................. 1.h ........................................... Gains on bargain purchases ................................................... RIADJ447. 

RC .................... 10.a ......................................... Goodwill ................................................................................... RCFD3163. 

Note: Schedule RC, item 10.a will be moved to Schedule 

RC–M, new item 2.b.

RC .................... 10.b ......................................... Other intangible assets ...........................................................

Note: Items 10.a and 10.b of Schedule RC will be combined 

into one data item.

RCFD0426. 


sradovich on DSK3GMQ082PROD with NOTICES
960 Federal Register / Vol. 83, No. 5 / Monday, January 8, 2018 / Notices 

DATA ITEMS REMOVED—Continued 

Schedule Item Item name MDRM No. 

RC–B ............... 2.a ........................................... U.S. Government agency obligations (exclude mortgagebacked securities): Issued by U.S. Government agencies 

(Columns A through D).

RCFD1289, RCFD1290, 

RCFD1291, RCFD1293. 

RC–B ............... 2.b ........................................... U.S. Government agency obligations (exclude mortgagebacked securities): Issued by U.S. Government-sponsored 

agencies (Columns A through D).

RCFD1294, RCFD1295, 

RCFD1297, RCFD1298. 

Note: Items 2.a and 2.b of Schedule RC–B will be combined 

into one data item.

RC–B ............... 5.b.(1) ..................................... Structured financial products: Cash (Columns A through D). RCFDG336, RCFDG337, 

RCFDG338, RCFDG339. 

RC–B ............... 5.b.(2) ..................................... Structured financial products: Synthetic (Columns A through 

D).

RCFDG340, RCFDG341, 

RCFDG342, RCFDG343. 

RC–B ............... 5.b.(3) ..................................... Structured financial products: Hybrid (Columns A through D). RCFDG344, RCFDG345, 

RCFDG346, RCFDG347. 

Note: Items 5.b.(1), 5.b.(2), and 5.b.(3) of Schedule RC–B 

will be combined into one data item.

RC–D ............... All data items reported in Column B, ‘‘Domestic offices’’.Column B, ‘‘Domestic offices’’ Note: Data items 6.a.(1) 

through 6.a.(5), Column B, will be combined into two data 

items to be collected for the consolidated bank in Column 

A, which will replace data item 6.a, Column A. In addition, 

data items M1.a.(1) through M1.a.(5), Column B, will be 

combined into two data items to be collected for the consolidated bank in Column A, which will replace data item 

M.1.a, Column A. Data items 12 and 15, Column B, will 

be moved to Schedule RC–H, new items 19 and 20. Data 

items 6.a.(1) through 6.d, Column B, will be combined into 

one data item and moved to Schedule RC–H, new item 

21. 

RCON3531, RCON3532, 

RCON3533, RCONG379, 

RCONG380, RCONG381, 

RCONK197, RCONK198, 

RCONG383, RCONG384, 

RCONG385, RCONG386, 

RCONF604, RCONF605, 

RCONF606, RCONF607, 

RCONF611, RCONF612, 

RCONF613, RCONF614, 

RCONF615, RCONF616, 

RCONK199, RCONK210, 

RCONF618, RCON3541, 

RCON3543, RCON3545, 

RCON3546, RCONF624, 

RCON3547, RCON3548, 

RCONF625, RCONF626, 

RCONF627, RCONF628, 

RCONF629, RCONF630, 

RCONF631, RCONF632, 

RCONF633, RCONF634, 

RCONK200, RCONK211, 

RCONF636, RCONF639, 

RCONF640, RCONG299, 

RCONG332, RCONG333, 

RCONG334, RCONG335, 

RCONG651, RCONG652, 

RCONG387, RCONG388. 

RC–D ............... 5.a.(1) ..................................... Structured financial products: Cash (Column A) .................... RCFDG383. 

RC–D ............... 5.a.(2) ..................................... Structured financial products: Synthetic (Column A) .............. RCFDG384. 

RC–D ............... 5.a.(3) ..................................... Structured financial products: Hybrid (Column A) .................. RCFDG385. 

Note: Items 5.a.(1), 5.a.(2), and 5.a.(3) of Schedule RC–D, 

Column A, will be combined into one data item.

RC–D ............... 6.a ........................................... Loans secured by real estate (Column A) .............................. RCFDF610. 

RC–D ............... 6.c.(1) ..................................... Loans to individuals for household, family, and other personal expenditures: Credit cards (Column A).RCFDF615. 

RC–D ............... 6.c.(2) ..................................... Loans to individuals for household, family, and other personal expenditures: Other revolving credit plans (Column 

A).

RCFDF616. 

RC–D ............... 6.c.(3) ..................................... Loans to individuals for household, family, and other personal expenditures: Automobile loans (Column A).RCFDK199. 

RC–D ............... 6.c.(4) ..................................... Loans to individuals for household, family, and other personal expenditures: Other consumer loans.RCFDK210. 

Note: Items 6.c.(1), 6.c.(2), 6.c.(3), and 6.c.(4) of Schedule 

RC–D, Column A, will be combined into one data item.

RC–D ............... M1.a ........................................ Unpaid principal balance of loans measured at fair value: 

Loans secured by real estate (Column A).

RCFDF790. 

RC–D ............... M1.c.(1) .................................. Unpaid principal balance of loans measured at fair value: 

Loans to individuals for household, family, and other personal expenditures: Credit cards (Column A).

RCFDF633. 

RC–D ............... M1.c.(2) .................................. Unpaid principal balance of loans measured at fair value: 

Loans to individuals for household, family, and other personal expenditures: Other revolving credit plans (Column 

A).

RCFDF634. 


sradovich on DSK3GMQ082PROD with NOTICES
Federal Register / Vol. 83, No. 5 / Monday, January 8, 2018 / Notices 961 

DATA ITEMS REMOVED—Continued 

Schedule Item Item name MDRM No. 

RC–D ............... M1.c.(3) .................................. Unpaid principal balance of loans measured at fair value: 

Loans to individuals for household, family, and other personal expenditures: Automobile loans (Column A).

RCFDK200. 

RC–D ............... M1.c.(4) .................................. Unpaid principal balance of loans measured at fair value: 

Loans to individuals for household, family, and other personal expenditures: Other consumer loans (Column A).

RCFDK211. 

Note: Items M1.c.(1), M1.c.(2), M1.c.(3), and M1.c.(4) of 

Schedule RC–D, Column A, will be combined into one 

data item. 

RC–D ............... M6 ........................................... Retained beneficial interests in securitizations ....................... RCFDF651. 

RC–L ................ 1.a.(1) ..................................... Unused commitments for Home Equity Conversion Mortgage 

(HECM) reverse mortgages outstanding that are held for 

investment.

RCONJ477. 

RC–L ................ 1.a.(2) ..................................... Unused commitments for proprietary reverse mortgages outstanding that are held for investment.RCONJ478. 

Note: Items 1.a.(1) and 1.a.(2) of Schedule RC–L will be 

combined into one data item.

RC–L ................ 16.a ......................................... Over-the-counter derivatives: Net current credit exposure 

(Column B).

RCFDG419. 

RC–L ................ 16.b.(1) ................................... Over-the-counter derivatives: Fair value of collateral: Cash— 

U.S. dollar (Column B).

RCFDG424. 

RC–L ................ 16.b.(2) ................................... Over-the-counter derivatives: Fair value of collateral: Cash— 

Other currencies (Column B).

RCFDG429. 

RC–L ................ 16.b.(3) ................................... Over-the-counter derivatives: Fair value of collateral: U.S. 

Treasury securities (Column B).

RCFDG434. 

RC–L ................ 16.b.(4) ................................... Over-the-counter derivatives: Fair value of collateral: U.S. 

Government agency and U.S. Government-sponsored 

agency debt securities (Column B).

RCFDG439. 

RC–L ................ 16.b.(5) ................................... Over-the-counter derivatives: Fair value of collateral: Corporate bonds (Column B).RCFDG444. 

RC–L ................ 16.b.(6) ................................... Over-the-counter derivatives: Fair value of collateral: Equity 

securities (Column B).

RCFDG449. 

RC–L ................ 16.b.(7) ................................... Over-the-counter derivatives: Fair value of collateral: All 

other collateral (Column B).

RCFDG454. 

RC–L ................ 16.b.(8) ................................... Over-the-counter derivatives: Fair value of collateral: Total 

fair value of collateral (Column B).

RCFDG459. 

Note: Amounts reported in items 16.a, 16.b.(1), 16.b.(2), 

16.b.(3), 16.b.(4), 16.b.(5), 16.b.(6), 16.b.(7), and 16.b.(8), 

Column B, will be included in items 16.a, 16.b.(1), 

16.b.(2), 16.b.(3), 16.b.(4), 16.b.(5), 16.b.(6), 16.b.(7), and 

16.b.(8), Column E.

RC–M ............... 2.b ........................................... Purchased credit card relationships and nonmortgage servicing assets.RCFDB026. 

Note: Amounts reported in item 2.b will be included in item 

2.c, All other identifiable intangible assets.

RC–M ............... 3.f ............................................ Foreclosed properties from ‘‘GNMA loans’’ ............................ RCONC979. 

Note: Amounts reported in item 3.f will be included in item 

3.c, Other real estate owned: 1–4 family residential properties. 

OTHER IMPACTS TO DATA ITEMS

Schedule Item Item name MDRM No. 

RC .................... 10 (New) ................................. Intangible assets ..................................................................... RCFD2143. 

Note: Items 10.a and 10.b of Schedule RC will be combined 

into this data item.

RC–B ............... 2 (New) ................................... U.S. Government agency and sponsored agency obligations 

(exclude mortgage-backed securities) (Columns A through 

D).

TBD (4 MDRMs). 

Note: Items 2.a and 2.b of Schedule RC–B removed above 

will be combined into this data item (Columns A through 

D).

RC–B ............... 5.b (New) ................................ Structured financial products (Columns A through D) ............ TBD (4 MDRMs). 

Note: Items 5.b.(1), 5.b.(2), and 5.b.(3) of Schedule RC–B 

removed above will be combined into this data item (Columns A through D).

RC–D ............... 5.a (New) ................................ Structured financial products ...................................................

Note: Items 5.a.(1), 5.a.(2), and 5.a.(3) of Schedule RC–D, 

Column A, removed above will be combined into this data 

item.

TBD. 


sradovich on DSK3GMQ082PROD with NOTICES
962 Federal Register / Vol. 83, No. 5 / Monday, January 8, 2018 / Notices 

OTHER IMPACTS TO DATA ITEMS—Continued 

Schedule Item Item name MDRM No. 

RC–D ............... 6.a.(1) (New) .......................... Loans secured by 1–4 family residential properties ............... TBD.

Note: Items 6.a.(3)(a), 6.a.(3)(b)(1), and 6.a.(3)(b)(2) of 

Schedule RC–D, Column B, removed above will be combined into this data item for the consolidated bank in Column A, which will partially replace item 6.a, Column A.

RC–D ............... 6.a.(2) (New) .......................... All other loans secured by real estate .................................... TBD. 

Note: Items 6.a.(1), 6.a.(2), 6.a.(4), and 6.a.(5) of Schedule 

RC–D, Column B, removed above will be combined into 

this data item for the consolidated bank in Column A, 

which will partially replace item 6.a, Column A.

RC–D ............... 6.c (New) ................................ Loans to individuals for household, family and other personal expenditures (i.e., consumer loans) (includes purchased paper).TBD. 

Note: Items 6.c.(1), 6.c.(2), 6.c.(3), and 6.c.(4) of Schedule 

RC–D removed above will be combined into this data item.

RC–D ............... M1.a.(1) (New) ....................... Unpaid principal balance of loans measured at fair value: 

Loans secured by 1–4 family residential properties.

TBD. 

Note: Items M1.a.(3)(a), M1.a.(3)(b)(1), and M1.a.(3)(b)(2) of 

Schedule RC–D, Column B, removed above will be combined into this data item for the consolidated bank in Column A, which will partially replace item M.1.a, Column A.

RC–D ............... M1.a.(2) (New) ....................... Unpaid principal balance of loans measured at fair value: All 

other loans secured by real estate.

TBD. 

Note: Items M1.a.(1), M1.a.(2), M1.a.(4), and M1.a.(5) of 

Schedule RC–D, Column B, removed above will be combined into this data item for the consolidated bank in Column A, which will partially replace item M.1.a, Column A.

RC–D ............... M1.c (New) ............................. Unpaid principal balance of loans measured at fair value: 

Loans to individuals for household, family, and other personal expenditures (i.e., consumer loans) (includes purchased paper).

TBD. 

Note: Items M1.c.(1), M1.c.(2), M1.c.(3), and M1.c.(4) of 

Schedule RC–D, Column A, removed above will be combined into this data item.

RC–H ............... 19 (Re-mapping) .................... Total trading assets ................................................................. RCON3545. 

Note: Schedule RC–D, item 12, Column B, will be moved to 

Schedule RC–H, item 19. The proposed threshold change 

applicable to Schedule RC–D applies to this item.

RC–H ............... 20 (Re-mapping) .................... Total trading liabilities .............................................................. RCON3548. 

Note: Schedule RC–D, item 15, Column B, will be moved to 

Schedule RC–H, item 20. The proposed threshold change 

applicable to Schedule RC–D applies to this item.

RC–H ............... 21 (New) ................................. Total loans held for trading ..................................................... TBD. 

Note: The proposed threshold change applicable to Schedule RC–D applies to this item.

RC–L ................ 1.a (New) ................................ Unused commitments for reverse mortgages outstanding 

that are held for investment.

TBD. 

Note: Items 1.a.(1) and 1.a.(2) of Schedule RC–L removed 

above will be combined into this data item. 

RC–M ............... 2.b (Re-mapping) ................... Goodwill ................................................................................... RCFD3163. 

Note: Schedule RC, item 10.a will be moved to Schedule 

RC–M, new item 2.b., and the phrase ‘‘other than goodwill’’ will be removed from the caption for Schedule RC–M, 

item 2. 

Data Items With a Reduction in Frequency 

of Collection 

SEMIANNUAL REPORTING

[June 30 and December 31] 

Schedule Item Item name MDRM No. 

RI ..................... M12 ......................................... Noncash income from negative amortization on closed-end 

loans secured by 1–4 family residential properties.

RIADF228. 

RC–B ............... M3 ........................................... Amortized cost of held-to-maturity securities sold or transferred to available-for-sale or trading securities during the 

calendar year-to-date.

RCFD1778. 


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Federal Register / Vol. 83, No. 5 / Monday, January 8, 2018 / Notices 963 

SEMIANNUAL REPORTING—Continued 

[June 30 and December 31] 

Schedule Item Item name MDRM No. 

RC–C, Part I .... M7.a ........................................ Purchased credit-impaired loans held for investment accounted for in accordance with FASB ASC 310–30: Outstanding balance.RCFDC779. 

RC–C, Part I .... M7.b ........................................ Purchased credit-impaired loans held for investment accounted for in accordance with FASB ASC 310–30: 

Amount included in Schedule RC–C, Part I, items 1 

through 9.

RCFDC780. 

RC–C, Part I .... M8.a ........................................ Total amount of closed-end loans with negative amortization 

features secured by 1–4 family residential properties.

RCONF230. 

RC–C, Part I .... M8.b ........................................ Total maximum remaining amount of negative amortization 

contractually permitted on closed-end loans secured by 1– 

4 family residential properties.

RCONF231. 

RC–C, Part I .... M8.c ........................................ Total amount of negative amortization on closed-end loans 

secured by 1–4 family residential properties included in 

the amount reported in Memorandum item 8.a above.

RCONF232. 

RC–C, Part I .... M12.a ...................................... Loans (not subject to the requirements of FASB ASC 310– 

30 (former AICPA Statement of Position 03–3)) and 

leases held for investment that were acquired in business 

combinations with acquisition dates in the current calendar 

year: Loans secured by real estate (Columns A through 

C).

RCFDG091, RCFDG092, 

RCFDG093. 

RC–C, Part I .... M12.b ...................................... Loans (not subject to the requirements of FASB ASC 310– 

30 (former AICPA Statement of Position 03–3)) and 

leases held for investment that were acquired in business 

combinations with acquisition dates in the current calendar 

year: Commercial and industrial loans (Columns A through 

C).

RCFDG094, RCFDG095, 

RCFDG096. 

RC–C, Part I .... M12.c ...................................... Loans (not subject to the requirements of FASB ASC 310– 

30 (former AICPA Statement of Position 03–3)) and 

leases held for investment that were acquired in business 

combinations with acquisition dates in the current calendar 

year: Loans to individuals for household, family, and other 

personal expenditures (Columns A through C).

RCFDG097, RCFDG098, 

RCFDG099. 

RC–C, Part I .... M12.d ...................................... Loans (not subject to the requirements of FASB ASC 310– 

30 (former AICPA Statement of Position 03–3)) and 

leases held for investment that were acquired in business 

combinations with acquisition dates in the current calendar 

year: All other loans and all leases (Columns A through C).

RCFDG100, RCFDG101, 

RCFDG102. 

RC–L ................ 1.b.(1) ..................................... Unused consumer credit card lines ........................................ RCFDJ455. 

RC–L ................ 1.b.(2) ..................................... Other unused credit card lines ................................................ RCFDJ456. 

RC–L ................ 11.a ......................................... Year-to-date merchant credit card sales volume: Sales for 

which the reporting bank is the acquiring bank.

RCFDC223. 

RC–L ................ 11.b ......................................... Year-to-date merchant credit card sales volume: Sales for 

which the reporting bank is the agent bank with risk.

RCFDC224. 

RC–N ............... M7 ........................................... Additions to nonaccrual assets during the quarter ................. RCFDC410. 

Note: This caption would be revised to ‘‘Additions to nonaccrual assets during the last 6 months.’’ 

RC–N ............... M8 ........................................... Nonaccrual assets sold during the quarter .............................

Note: This caption would be revised to ’’Nonaccrual assets 

sold during the last 6 months.’’ 

RCFDC411. 

RC–N ............... M9.a ........................................ Purchased credit-impaired loans accounted for in accordance with FASB ASC 310–30 (former AICPA Statement of 

Position 03–3): Outstanding balance (Columns A through 

C).

RCFDL183, RCFDL184, 

RCFDL185. 

RC–N ............... M9.b ........................................ Purchased credit-impaired loans accounted for in accordance with FASB ASC 310–30 (former AICPA Statement of 

Position 03–3): Amount included in Schedule RC–N, items 

1 through 7, above (Columns A through C).

RCFDL186, RCFDL187, 

RCFDL188. 

ANNUAL REPORTING

[December] 

Schedule Item Item name MDRM No. 

RC–M ............... 9 .............................................. Do any of the bank’s Internet websites have transactional 

capability, i.e., allow the bank’s customers to execute 

transactions on their accounts through the website? 

RCFD4088. 

RC–M ............... 14.a ......................................... Total assets of captive insurance subsidiaries ....................... RCFDK193. 


sradovich on DSK3GMQ082PROD with NOTICES
964 Federal Register / Vol. 83, No. 5 / Monday, January 8, 2018 / Notices 

ANNUAL REPORTING—Continued 

[December] 

Schedule Item Item name MDRM No. 

RC–M ............... 14.b ......................................... Total assets of captive reinsurance subsidiaries .................... RCFDK194. 

Data Items With an Increase in Reporting 

Threshold 

Schedule RI–D is to be completed by banks 

with foreign offices (including Edge or 

Agreement subsidiaries and International 

Banking Facilities) and $10 billion or more 

in total assets where foreign office revenues, 

assets, or net income exceed 10 percent of 

consolidated total revenues, total assets, or 

net income. 

Schedule RC–D is to be completed by 

banks that reported total trading assets of $10 

million or more in any of the four preceding 

calendar quarters and all banks meeting the 

FDIC’s definition of a large or highly complex 

institution for deposit insurance assessment 

purposes. 

TO BE COMPLETED BY BANKS WITH $10 BILLION OR MORE IN TOTAL ASSETS

Schedule Item Item name MDRM No. 

RC–B ............... M5.a ........................................ Asset-backed securities: Credit card receivables (Columns 

A, B, C, and D).

RCFDB838, RCFDB839, 

RCFDB840, RCFDB841. 

RC–B ............... M5.b ........................................ Asset-backed securities: Home equity lines (Columns A, B, 

C, and D).

RCFDB842, RCFDB843, 

RCFDB844, RCFDB845. 

RC–B ............... M5.c ........................................ Asset-backed securities: Automobile loans (Columns A, B, 

C, and D).

RCFDB846, RCFDB847, 

RCFDB848, RCFDB849. 

RC–B ............... M5.d ........................................ Asset-backed securities: Other consumer loans (Columns A, 

B, C, and D).

RCFDB850, RCFDB851, 

RCFDB852, RCFDB853. 

RC–B ............... M5.e ........................................ Asset-backed securities: Commercial and industrial loans 

(Columns A, B, C, and D).

RCFDB854, RCFDB855, 

RCFDB856, RCFDB857. 

RC–B ............... M5.f ......................................... Asset-backed securities: Other (Columns A, B, C, and D) .... RCFDB858, RCFDB859, 

RCFDB860, RCFDB861. 

RC–B ............... M6.a ........................................ Structured financial products by underlying collateral or reference assets: Trust preferred securities issued by financial institutions (Columns A through D).RCFDG348, RCFDG349, 

RCFDG350, RCFDG351. 

RC–B ............... M6.b ........................................ Structured financial products by underlying collateral or reference assets: Trust preferred securities issued by real 

estate investment trusts (Columns A through D).

RCFDG352, RCFDG353, 

RCFDG354, RCFDG355. 

RC–B ............... M6.c ........................................ Structured financial products by underlying collateral or reference assets: Corporate and similar loans (Columns A 

through D).

RCFDG356, RCFDG357, 

RCFDG358, RCFDG359. 

RC–B ............... M6.d ........................................ Structured financial products by underlying collateral or reference assets: 1–4 family residential MBS issued or guaranteed by U.S. Government-sponsored enterprises 

(GSEs) (Columns A through D).

RCFDG360, RCFDG361, 

RCFDG362, RCFDG363. 

RC–B ............... M6.e ........................................ Structured financial products by underlying collateral or reference assets: 1–4 family residential MBS not issued or 

guaranteed by GSEs (Columns A through D).

RCFDG364, RCFDG365, 

RCFDG366, RCFDG367. 

RC–B ............... M6.f ......................................... Structured financial products by underlying collateral or reference assets: Diversified (mixed) pools of structured financial products (Columns A through D).RCFDG368, RCFDG369, 

RCFDG370, RCFDG371. 

RC–B ............... M6.g ........................................ Structured financial products by underlying collateral or reference assets: Other collateral or reference assets (Columns A through D).RCFDG372, RCFDG373, 

RCFDG374, RCFDG375. 

TO BE COMPLETED BY BANKS WITH $10 BILLION OR MORE IN TOTAL TRADING ASSETS

Schedule Item Item name MDRM No. 

RC–D ............... M2.a ........................................ Loans measured at fair value that are past due 90 days or 

more: Fair value (Column A).

RCFDF639. 

RC–D ............... M2.b ........................................ Loans measured at fair value that are past due 90 days or 

more: Unpaid principal balance (Column A).

RCFDF640. 

RC–D ............... M3.a ........................................ Structured financial products by underlying collateral or reference assets: Trust preferred securities issued by financial institutions (Column A).RCFDG299. 

RC–D ............... M3.b ........................................ Structured financial products by underlying collateral or reference assets: Trust preferred securities issued by real 

estate investment trusts (Column A).

RCFDG332. 

RC–D ............... M3.c ........................................ Structured financial products by underlying collateral or reference assets: Corporate and similar loans (Column A).RCFDG333. 


sradovich on DSK3GMQ082PROD with NOTICES
Federal Register / Vol. 83, No. 5 / Monday, January 8, 2018 / Notices 965 

TO BE COMPLETED BY BANKS WITH $10 BILLION OR MORE IN TOTAL TRADING ASSETS—Continued 

Schedule Item Item name MDRM No. 

RC–D ............... M3.d ........................................ Structured financial products by underlying collateral or reference assets: 1–4 family residential MBS issued or guaranteed by U.S. Government-sponsored enterprises 

(GSEs) (Column A).

RCFDG334. 

RC–D ............... M3.e ........................................ Structured financial products by underlying collateral or reference assets: 1–4 family residential MBS not issued or 

guaranteed by GSEs (Column A).

RCFDG335. 

RC–D ............... M3.f ......................................... Structured financial products by underlying collateral or reference assets: Diversified (mixed) pools of structured financial products (Column A).RCFDG651. 

RC–D ............... M3.g ........................................ Structured financial products by underlying collateral or reference assets: Other collateral or reference assets (Column A).RCFDG652. 

RC–D ............... M4.a ........................................ Pledged trading assets: Pledged securities (Column A) ........ RCFDG387. 

RC–D ............... M4.b ........................................ Pledged trading assets: Pledged loans (Column A) ............... RCFDG388. 

RC–D ............... M5.a ........................................ Asset-backed securities: Credit card receivables ................... RCFDF643. 

RC–D ............... M5.b ........................................ Asset-backed securities: Home equity lines ........................... RCFDF644. 

RC–D ............... M5.c ........................................ Asset-backed securities: Automobile loans ............................ RCFDF645. 

RC–D ............... M5.d ........................................ Asset-backed securities: Other consumer loans .................... RCFDF646. 

RC–D ............... M5.e ........................................ Asset-backed securities: Commercial and industrial loans .... RCFDF647. 

RC–D ............... M5.f ......................................... Asset-backed securities: Other ............................................... RCFDF648. 

RC–D ............... M7.a ........................................ Equity securities: Readily determinable fair values ................ RCFDF652. 

RC–D ............... M7.b ........................................ Equity securities: Other ........................................................... RCFDF653. 

RC–D ............... M8 ........................................... Loans pending securitization ................................................... RCFDF654. 

RC–D ............... M9 ........................................... Other trading assets ................................................................ RCFDF655, RCFDF656, 

RCFDF657. 

RC–D ............... M10 ......................................... Other trading liabilities ............................................................. RCFDF658, RCFDF659, 

RCFDF660. 

TO BE COMPLETED BY BANKS WITH TOTAL TRADING ASSETS OF $10 MILLION OR MORE FOR ANY QUARTER OF THE

PRECEDING CALENDAR YEAR

Schedule Item Item name MDRM No. 

RI ..................... M8.a ........................................ Trading revenue: Interest rate exposures ............................... RIAD8757. 

RI ..................... M8.b ........................................ Trading revenue: Foreign exchange exposures ..................... RIAD8758. 

RI ..................... M8.c ........................................ Trading revenue: Equity security and index exposures .......... RIAD8759. 

RI ..................... M8.d ........................................ Trading revenue: Commodity and other exposures ............... RIAD8760. 

RI ..................... M8.e ........................................ Trading revenue: Credit exposures ......................................... RIADF186. 

TO BE COMPLETED BY BANKS WITH COMPONENTS OF OTHER NONINTEREST INCOME IN AMOUNTS GREATER THAN

$100,000 THAT EXCEED 7 PERCENT OF SCHEDULE RI, ITEM 5.L

Schedule Item Item name MDRM No. 

RI–E ................. 1.a through 1.l ........................ Other noninterest income (from Schedule RI, item 5.l) .......... RIADC013, RIADC014, 

RIADC016, RIAD4042, 

RIADC015, RIADF555, 

RIADT047, RIAD4461, 

RIAD4462, RIAD4463. 

TO BE COMPLETED BY BANKS WITH COMPONENTS OF OTHER NONINTEREST EXPENSE IN AMOUNTS GREATER THAN

$100,000 THAT EXCEED 7 PERCENT OF SCHEDULE RI, ITEM 7.D

Schedule Item Item name MDRM No. 

RI–E ................. 2.a through 2.p ....................... Other noninterest expense (from Schedule RI, item 7.d) ....... RIADC017, RIAD0497, 

RIAD4136, RIADC018, 

RIAD8403, RIAD4141, 

RIAD4146, RIADF556, 

RIADF557, RIADF558, 

RIADF559, RIADY923, 

RIADY924, RIAD4464, 

RIAD4467, RIAD4468. 


sradovich on DSK3GMQ082PROD with NOTICES
966 Federal Register / Vol. 83, No. 5 / Monday, January 8, 2018 / Notices 

TO BE COMPLETED BY BANKS WITH TOTAL TRADING ASSETS OF $10 MILLION OR MORE IN ANY OF THE FOUR PRECEDING

CALENDAR QUARTERS AND ALL BANKS MEETING THE FDIC’S DEFINITION OF A LARGE OR HIGHLY COMPLEX INSTITUTION FOR DEPOSIT INSURANCE ASSESSMENT PURPOSES

Schedule Item Item name MDRM No. 

RC–K ............... 7 .............................................. Trading assets ......................................................................... RCFD3401. 

Dated: January 2, 2018. 

Karen Solomon, 

Acting Senior Deputy Comptroller and Chief 

Counsel, Office of the Comptroller of the 

Currency. 

Board of Governors of the Federal Reserve 

System, December 27, 2017. 

Ann E. Misback, 

Secretary of the Board. 

Dated at Washington, DC, on December 27, 

2017. 

Federal Deposit Insurance Corporation. 

Robert E. Feldman, 

Executive Secretary. 

[FR Doc. 2018–00122 Filed 1–5–18; 8:45 am] 

BILLING CODE 4810–33–P; 6210–01–P; 6714–01–P 

DEPARTMENT OF THE TREASURY 

Interest Rate Paid on Cash Deposited 

To Secure U.S. Immigration and 

Customs Enforcement Immigration 

Bonds 

AGENCY: Departmental Offices, Treasury. 

ACTION: Notice. 

SUMMARY: For the period beginning 

January 1, 2018, and ending on March 

31, 2018, the U.S. Immigration and 

Customs Enforcement Immigration 

Bond interest rate is 1.24 per centum 

per annum. 

DATES: Rates are applicable January 1, 

2018 to March 31, 2018. 

ADDRESSES: Comments or inquiries may 

be mailed to Sam Doak, Reporting Team 

Leader, Federal Borrowings Branch, 

Division of Accounting Operations, 

Office of Public Debt Accounting, 

Bureau of the Fiscal Service, 

Parkersburg, West Virginia, 26106–1328. 

You can download this notice at the 

following internet addresses: http://

www.treasury.gov or http://

www.federalregister.gov. 

FOR FURTHER INFORMATION CONTACT: 

Adam Charlton, Manager, Federal 

Borrowings Branch, Office of Public 

Debt Accounting, Bureau of the Fiscal 

Service, Parkersburg, West Virginia, 

26106–1328, (304) 480–5248; Sam Doak, 

Reporting Team Leader, Federal 

Borrowings Branch, Division of 

Accounting Operations, Office of Public 

Debt Accounting, Bureau of the Fiscal 

Service, Parkersburg, West Virginia, 

26106–1328, (304) 480–5117. 

SUPPLEMENTARY INFORMATION: Federal 

law requires that interest payments on 

cash deposited to secure immigration 

bonds shall be ‘‘at a rate determined by 

the Secretary of the Treasury, except 

that in no case shall the interest rate 

exceed 3 per centum per annum.’’ 8 

U.S.C. 1363(a). Related Federal 

regulations state that ‘‘Interest on cash 

deposited to secure immigration bonds 

will be at the rate as determined by the 

Secretary of the Treasury, but in no case 

will exceed 3 per centum per annum or 

be less than zero.’’ 8 CFR 293.2. 

Treasury has determined that interest on 

the bonds will vary quarterly and will 

accrue during each calendar quarter at 

a rate equal to the lesser of the average 

of the bond equivalent rates on 91-day 

Treasury bills auctioned during the 

preceding calendar quarter, or 3 per 

centum per annum, but in no case less 

than zero. [FR Doc. 2015–18545] In 

addition to this Notice, Treasury posts 

the current quarterly rate in Table 2b— 

Interest Rates for Specific Legislation on 

the TreasuryDirect website. 

Gary Grippo, 

Deputy Assistant Secretary for Public 

Finance. 

[FR Doc. 2018–00056 Filed 1–5–18; 8:45 am] 

BILLING CODE 4810–25–P 

DEPARTMENT OF THE TREASURY 

Office of the Secretary 

List of Countries Requiring 

Cooperation With an International 

Boycott 

In accordance with section 999(a)(3) 

of the Internal Revenue Code of 1986, 

the Department of the Treasury is 

publishing a current list of countries 

which require or may require 

participation in, or cooperation with, an 

international boycott (within the 

meaning of section 999(b)(3) of the 

Internal Revenue Code of 1986). 

On the basis of the best information 

currently available to the Department of 

the Treasury, the following countries 

require or may require participation in, 

or cooperation with, an international 

boycott (within the meaning of section 

999(b)(3) of the Internal Revenue Code 

of 1986). 

Iraq 

Kuwait 

Lebanon 

Libya 

Qatar 

Saudi Arabia 

Syria 

United Arab Emirates 

Yemen 

Dated: January 2, 2018. 

Douglas Poms, 

International Tax Counsel, (Tax Policy). 

[FR Doc. 2018–00123 Filed 1–5–18; 8:45 am] 

BILLING CODE 4810–25–P 


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