Federal Register / Vol. 73, No. 191 / Wednesday, October 1, 2008 / Notices 57205 

Fund may require, the Awardee is 

responsible for ensuring that the 

information is submitted timely and 

complete. The Fund reserves the right to 

contact such additional signatories to 

the Assistance Agreement and require 

that additional information and 

documentation be provided. The Fund 

will use such information to monitor 

each Awardee’s compliance with the 

requirements set forth in the Assistance 

Agreement and to assess the impact of 

the NACA Program. All reports must be 

electronically submitted to the Fund via 

the Awardee’s myCDFIFund account. 

The Institution Level Report and the 

Transaction Level Report must be 

submitted through the Fund’s webbased data collection system, the 

Community Investment Impact System 

(CIIS). The Financial Report may be 

submitted through CIIS. All other 

components of the Annual Report may 

be submitted electronically, as directed, 

by the Fund. The Fund reserves the 

right, in its sole discretion, to modify 

these reporting requirements if it 

determines it to be appropriate and 

necessary; however, such reporting 

requirements will be modified only after 

notice to Awardees. 

2. Accounting: The Fund will require 

each Awardee that receives FA and TA 

awards through this NOFA to account 

for and track the use of said FA and TA 

awards. This means that for every dollar 

of FA and TA awards received from the 

Fund, the Awardee will be required to 

inform the Fund of its uses. This will 

require Awardees to establish separate 

administrative and accounting controls, 

subject to the applicable OMB Circulars. 

The Fund will provide guidance to 

Awardees outlining the format and 

content of the information to be 

provided on an annual basis, outlining 

and describing how the funds were 

used. Each Awardee that receives an 

award must provide the Fund with the 

required complete and accurate 

Automated Clearinghouse (ACH) form 

for its bank account prior to award 

closing and disbursement. 

VII. Agency Contacts 

A. The Fund will respond to 

questions and provide support 

concerning this NOFA and the funding 

application between the hours of 9 a.m. 

and 5 p.m. ET, starting the date of the 

publication of this NOFA through the 

date that is two business days prior to 

the applicable application deadline. The 

Fund will not respond to questions or 

provide support concerning the 

application that are received after 5 p.m. 

ET on said dates, until after the 

respective funding application deadline. 

Applications and other information 

regarding the Fund and its programs 

may be obtained from the Fund’s Web 

site at http://www.cdfifund.gov. The 

Fund will post on its Web site responses 

to questions of general applicability 

regarding the NACA Program. 

B. The Fund’s contact information is 

as follows: 

TABLE 6—CONTACT INFORMATION

Type of question Telephone number (not 

toll free) Email addresses 

Fax number for all offices: 202–622–7754 

Information Technology/Technical Support ......................................................... 202–622–2455 ................ ithelpdesk@cdfi.treas.gov. 

CDFI Program/NI ................................................................................................. 202–622–6355 ................ cdfihelp@cdfi.treas.gov. 

CDFI Certification ................................................................................................. 202–622–6355 ................ cdfihelp@cdfi.treas.gov. 

Grants Management ............................................................................................ 202–622–8226 ................ grantsmanagement@cdfi.treas.gov. 

Compliance, Monitoring and Evaluation .............................................................. 202–622–6330 ................ cme@cdfi.treas.gov. 

C. Information Technology Support: 

People who have visual or mobility 

impairments that prevent them from 

creating a Target Market map using the 

Fund’s Web site should call (202) 622– 

2455 for assistance (this is not a toll free 

number). 

D. Legal Counsel Support: If you have 

any questions or matters that you 

believe require response by the Fund’s 

Office of Legal Counsel, please refer to 

the document titled ‘‘How to Request a 

Legal Review,’’ found on the Fund’s 

Web site at http://www.cdfifund.gov. 

Further, if you wish to review the 

Assistance Agreement form document 

from a prior funding round, you may 

find it posted on the Fund’s Web site 

(please note that there may be revisions 

to the Assistance Agreement that will be 

used for Awardees under this NOFA 

and thus the sample document on the 

Fund’s Web site is provided for 

illustrative purposes only and should 

not be relied on for purposes of this 

NOFA). 

E. Communication with the CDFI 

Fund: The Fund will use the 

myCDFIFund Internet interface to 

correspond with Applicants and 

Awardees, using the contact information 

maintained in their respective 

myCDFIFund accounts. Therefore, the 

Applicant and any Subsidiaries, 

signatories, and Affiliates must maintain 

accurate contact information (including 

contact person and authorized 

representative, email addresses, fax 

numbers, phone numbers, and office 

addresses) in its myCDFIFund 

account(s). For more information about 

myCDFIFund (which includes 

information about the Fund’s 

Community Investment Impact System), 

please see the Help documents posted at 

http://www.cdfifund.gov/ciis/ 

AccessingCIIS.pdf. 

VIII. Information Sessions and 

Outreach 

The Fund may conduct webcasts or 

host information sessions for 

organizations that are considering 

applying to, or are interested in learning 

about, the Fund’s programs. For further 

information, please visit the Fund’s Web 

site at http://www.cdfifund.gov. 

Authority: 12 U.S.C. 4703, 4703 note, 4704, 

4706, 4707, 4717; 12 CFR part 1805. 

Dated: September 24, 2008. 

Donna J. Gambrell, 

Director, Community Development Financial 

Institutions Fund. 

[FR Doc. E8–23137 Filed 9–30–08; 8:45 am] 

BILLING CODE 4810–70–P 

DEPARTMENT OF THE TREASURY 

Office of Thrift Supervision 

Proposed Agency Information 

Collection Activities; Comment 

Request—Thrift Financial Report: 

Schedules SC, SO, VA, PD, LD, CC, CF, 

DI, SI, FV, FS, HC, CSS, CCR, and CMR 

AGENCY: Office of Thrift Supervision 

(OTS), Treasury. 

ACTION: Notice and request for comment. 

SUMMARY: The Department of the 

Treasury, as part of its continuing effort 

to reduce paperwork and respondent 


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burden, invites the general public and 

other Federal agencies to comment on 

proposed and continuing information 

collections, as required by the 

Paperwork Reduction Act of 1995, 44 

U.S.C. 3507. Today, the Office of Thrift 

Supervision within the Department of 

the Treasury solicits comments on 

proposed changes to the Thrift Financial 

Report (TFR), Schedule SC— 

Consolidated Statement of Condition, 

Schedule SO—Consolidated Statement 

of Operations, Schedule VA— 

Consolidated Valuation Allowances and 

Related Data, Schedule PD— 

Consolidated Past Due and Nonaccrual, 

Schedule LD—Loan Data, Schedule 

CC—Consolidated Commitments and 

Contingencies, Schedule CF— 

Consolidated Cash Flow Information, 

Schedule DI—Consolidated Deposit 

Information, Schedule SI— 

Supplemental Information, Schedule 

FS—Fiduciary and Related Services, 

Schedule HC—Thrift Holding Company, 

Schedule CSS—Subordinate 

Organization Schedule, Schedule CCR— 

Consolidated Capital Requirement, and 

Schedule CMR—Consolidated Maturity 

and Rate, and on a proposed new 

schedule, Schedule FV—Consolidated 

Assets and Liabilities Measured at Fair 

Value on a Recurring Basis. The changes 

are proposed on a phased-in basis over 

2009. 

At the end of the comment period, 

OTS will analyze the comments and 

recommendations received to determine 

if it should modify the proposed 

revisions prior to giving its final 

approval. OTS will then submit the 

revisions to the Office of Management 

and Budget (OMB) for review and 

approval. 

DATES: Submit written comments on or 

before December 1, 2008. 

ADDRESSES: Send comments to 

Information Collection Comments, Chief 

Counsel’s Office, Office of Thrift 

Supervision, 1700 G Street, NW., 

Washington, DC 20552; send facsimile 

transmissions to FAX number (202) 

906–6518; send e-mails to 

infocollection.comments@ots.treas.gov; 

or hand deliver comments to the 

Guard’s Desk, east lobby entrance, 1700 

G Street, NW., on business days 

between 9 a.m. and 4 p.m. All 

comments should refer to ‘‘TFR 

Revisions—2009, OMB No. 1550–0023.’’ 

OTS will post comments and the related 

index on the OTS Internet Site at 

http://www.ots.treas.gov. In addition, 

interested persons may inspect 

comments at the Public Reading Room, 

1700 G Street, NW., by appointment. To 

make an appointment, call (202) 906– 

5922, send an e-mail to 

publicinfo@ots.treas.gov, or send a 

facsimile transmission to (202) 906– 

7755. 

FOR FURTHER INFORMATION CONTACT: You 

can access sample copies of the 

proposed March, June, and December 

2009 TFR forms on OTS’s Web site at 

http://www.ots.treas.gov or you may 

request them by electronic mail from 

tfr.instructions@ots.treas.gov. You can 

request additional information about 

this proposed information collection 

from James Caton, Director, Financial 

Monitoring and Analysis Division, (202) 

906–5680, Office of Thrift Supervision, 

1700 G Street, NW., Washington, DC 

20552. 

SUPPLEMENTARY INFORMATION: 

Title: Thrift Financial Report. 

OMB Number: 1550–0023. 

Form Number: OTS 1313. 

Abstract: OTS is proposing to revise 

and extend for three years the TFR, 

which is currently an approved 

collection of information. All OTSregulated savings associations must 

comply with the information collections 

described in this notice. OTS collects 

this information each calendar quarter 

or less frequently if so stated. OTS uses 

this information to monitor the 

condition, performance, and risk profile 

of individual institutions and systemic 

risk among groups of institutions and 

the industry as a whole. Except for 

selected items, these information 

collections are not given confidential 

treatment. 

Current Action: 

OTS last revised the form and content 

of the TFR in a manner that significantly 

affected a substantial percentage of 

institutions in March 2007. During the 

past year OTS has evaluated its ongoing 

information needs. OTS recognizes that 

the TFR imposes reporting 

requirements, which are a component of 

the regulatory burden facing 

institutions. Another contributor to this 

regulatory burden is the examination 

process, particularly on-site 

examinations during which institution 

staff spends time and effort responding 

to inquiries and requests for information 

designed to assist examiners in 

evaluating the condition and risk profile 

of the institution. The amount of 

attention that examiners direct to risk 

areas of the institution under 

examination is, in large part, 

determined from TFR data. These data, 

and analytical reports including the 

Uniform Thrift Performance Report, 

assist examiners in scoping and making 

their preliminary assessments of risks 

during the planning phase of the 

examination. 

A risk-focused review of the 

information from an institution’s TFR 

allows examiners to make preliminary 

risk assessments prior to onsite work. 

The degree of perceived risk determines 

the extent of the examination 

procedures that examiners initially plan 

for each risk area. If the outcome of 

these procedures reveals a higher level 

of risk in a particular area, the examiner 

adjusts the examination scope and 

procedures accordingly. 

TFR data are also a vital source of 

information for the monitoring and 

regulatory activities of OTS. Among 

their benefits, these activities aid in 

determining whether the frequency of 

an institution’s examination cycle 

should remain at maximum allowed 

time intervals, thereby lessening overall 

regulatory burden. More risk-focused 

TFR data enhance the ability of OTS to 

assess whether an institution is 

experiencing changes in its risk profile 

that warrant immediate follow-up, 

which may include accelerating the 

timing of an on-site examination. 

The FDIC is considering proposing an 

adjustment to the risk-based assessment 

system so that insured depository 

institutions with greater amounts of 

general unsecured long-term liabilities 

will be rewarded with a lower 

assessment rate. Currently, the TFR 

lacks information regarding the 

remaining maturities of unsecured 

‘‘other borrowings’’ and subordinated 

notes and debentures. Therefore, OTS 

proposes to collect this information in 

the TFR so that the FDIC would be able 

to implement such an adjustment. More 

specifically, thrifts would report 

separate maturity distributions for 

‘‘other borrowings’’ that are unsecured 

and for subordinated notes and 

debentures. The maturity distributions 

would include remaining maturities of 

one year or less, and over one year. 

In developing this proposal, OTS 

considered a range of potential 

information needs, particularly in the 

areas of credit risk, liquidity, and 

liabilities, and identified those 

additions to the TFR that are most 

critical and relevant to OTS in fulfilling 

its supervisory responsibilities. At the 

same time, OTS has identified certain 

existing TFR line items that are no 

longer sufficiently critical or useful to 

warrant their continued collection. OTS 

recognizes that the reporting burden 

that would result from the addition to 

the TFR of the new items discussed in 

this proposal would not be fully offset 

by the proposed elimination of, or 

establishment of reporting thresholds 

for, a limited number of other TFR 

items, thereby resulting in a net increase 

in reporting burden. Nevertheless, when 


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viewing these proposed revisions to the 

TFR within a larger context, they help 

to enhance the on- and off-site 

supervision capabilities of OTS, which 

assist with controlling the overall 

regulatory burden on institutions. 

Thus, OTS is requesting comment on 

the following proposed revisions to the 

TFR that would be implemented on a 

phased-in basis over 2009. The 

proposed TFR changes that would take 

effect as of March 31, 2009, would 

eliminate one line item, revise the 

captions for seven existing items, add 

four new items, and eliminate 

confidential treatment of fiduciary 

income, expense, and loss data in 

Schedule FS and data in Schedule HC. 

The proposed TFR changes that 

would take effect as of June 30, 2009, 

would eliminate two existing items, 

revise two existing items, add 77 new 

items, add six new reporting codes in 

Schedule CMR, and add four new 

questions to Schedule SI on whether a 

thrift is a trustee or custodian for certain 

types of accounts or provides certain 

services in connection with orders for 

securities transactions regardless of 

whether the thrift exercises trust 

powers. 

The proposed TFR revisions that 

would take effect December 31, 2009, 

would eliminate the entire Schedule 

CSS from the TFR, would add 75 new 

line items for assets and liabilities 

measured at fair value on a recurring 

basis in a new Schedule FV— 

Consolidated Assets and Liabilities 

Measured at Fair Value on a Recurring 

Basis for thrifts with total assets greater 

than $10 billion, and would revise 

Schedule FS—Fiduciary and Related 

Services by revising 14 existing line 

items and adding 68 new line items. 

For each of the proposed revisions of 

existing items or proposed new items, 

OTS is particularly interested in 

comments from institutions on whether 

the information that is proposed to be 

collected is readily available from 

existing institution records. OTS also 

invites comment on whether there are 

particular proposed revisions for which 

the new data would be of limited 

relevance for purposes of assessing risks 

in a specific segment of the savings 

association industry. In such cases, OTS 

requests comments on what criteria, 

e.g., an asset size threshold or some 

other measure, we should establish for 

identifying the specific segment of the 

savings association industry that we 

should require to report the proposed 

information. Finally, OTS seeks 

comment on whether, for a particular 

proposed revision, there is an 

alternative information set that could 

satisfy OTS data needs and be less 

burdensome for institutions to report 

than the new or revised items that OTS 

has proposed. OTS will consider all of 

the comments it receives as it 

formulates a final set of revisions to the 

TFR for implementation in 2009. 

A. Burden-Reducing Revision 

1. Eliminating Schedule CSS— 

Subordinate Organization Schedule; 

2. Eliminating line SI805, Sell privatelabel/third-party mutual funds/ 

annuities?; 

3. Eliminating line SI860, Fee Income 

from the Sale/Servicing of Mutual 

Funds/Annuities; and 

4. Eliminating line CCR190, Minority 

Interest in Includable Subsidiaries. 

B. Revisions of Existing Items 

1. Revising the caption of line SC800 

from ‘‘Minority Interest’’ to 

‘‘Noncontrolling Interest in 

Consolidated Subsidiaries’’, and moving 

this line to the Equity Capital section of 

Schedule SC; 

2. Revising the caption of line SC80 

from ‘‘Total Equity Capital’’ to ‘‘Equity 

Capital Attributable to Noncontrolling 

Interest’’; 

3. Revising the caption of line SC90 

from ‘‘Total Liabilities, Minority 

Interest, and Equity Capital’’ to ‘‘Total 

Liabilities and Equity Capital; 

4. Revising the caption of line SO91 

from ‘‘Net Income (Loss)’’ to ‘‘Net 

Income or Loss Attributable to 

Controlling Interest’’; 

5. Revising the caption for line SO430 

from ‘‘Noninterest Income—Net Income 

(Loss) from Other—Sale of Assets Held 

for Sale and Available-for-Sale 

Securities’’ to Noninterest Income—Net 

Income (Loss) from Other—Sale of 

Available-for-Sale Securities’’; 

B. Revising the caption for line FS260 

from ‘‘Investment Management Agency 

Accounts—Amount of Managed Assets’’ 

to ‘‘Investment Management and 

Investment Advisory Accounts— 

Amount of Managed Assets’’; 

6. Revising the caption for line FS262 

from ‘‘Investment Management Agency 

Accounts—Number of Managed 

Accounts’’ to ‘‘Investment Management 

and Investment Advisory Accounts— 

Number of Managed Accounts’’; 

7. Revising the caption for line FS360 

from ‘‘Investment Management Agency 

Accounts’’ to ‘‘Investment Management 

& Investment Advisory Accounts’’; 

8. Revising line FS410 to NoninterestBearing Deposits—Personal Trust and 

Agency, Investment Management 

Agency Accounts; 

9. Revising line FS415 to InterestBearing Deposits—Personal Trust and 

Agency, Investment Management 

Agency Accounts; 

10. Revising line FS420 to U.S. 

Treasury and U.S. Government Agency 

Obligations—Personal Trust and 

Agency, Investment Management 

Agency Accounts; 

11. Revising line FS425 to State, 

County, and Municipal Obligations— 

Personal Trust and Agency, Investment 

Management Agency Accounts; 

12. Revising line FS430 to Common 

Trust Funds and Collective Investment 

Funds—Personal Trust and Agency, 

Investment Management Agency 

Accounts; 

13. Revising line FS435 to Mutual 

Funds—Equity—Employee Benefit and 

Other Individual Retirement Accounts; 

14. Revising line FS440 to Mutual 

Funds—Money Market—All Other 

Accounts; 

15. Revising line FS445 to Mutual 

Funds—Other—Total; 

16. Revising line FS450 to Short-Term 

Obligations—Personal Trust and 

Agency, Investment Management 

Agency Accounts; 

17. Revising line FS455 to Other 

Notes and Bonds—Personal Trust and 

Agency, Investment Management 

Agency Accounts; 

18. Revising line FS460 to Common 

and Preferred Stocks—Personal Trust 

and Agency, Investment Management 

Agency Accounts; 

19. Revising the caption of line HC620 

from ‘‘Consolidated—Minority Interest’’ 

to ‘‘Consolidated—Noncontrolling 

Interest in Consolidated Subsidiaries’’; 

20. Revising the caption of line HC640 

from ‘‘Consolidated—Net Income for the 

Quarter’’ to ‘‘Consolidated—Net Income 

or Loss Attributable to Controlling 

Interest’’; 

21. Revising the language for question 

HC840 from ‘‘Is the holding company or 

any of its subsidiaries regulated by a 

foreign financial services regulator?’’ to 

‘‘Is the holding company or any of its 

affiliates conducting operations outside 

of the U.S. through a foreign branch or 

subsidiary?’’; and 

22. Revising the caption of line 

CCR105 from ‘‘Investments in and 

Advances to Nonincludable 

Subsidiaries’’ to ‘‘Investments in, 

Advances to, and Noncontrolling 

Interest in Nonincludable Subsidiaries’’. 

C. New Items 

1. Adding a line, SC84, Total Equity 

Capital; 

2. Adding a line, SO431, Noninterest 

Income—Net Income (Loss) from 

Other—Sale of Loans and Leases Held 

for Sale; 

3. Adding a line, SO432, Noninterest 

Income—Net Income (Loss) from 

Other—Sale of Other Assets Held for 

Sale; 


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4. Adding a line, SO440, ‘‘Other-thanTemporary Impairment Charges on Debt 

and Equity Securities’’; 

5. Adding a line, SO99, ‘‘Net Income 

or Loss—Total’’; 

6. Adding a line, SO93, ‘‘Net Income 

or Loss Attributable to Noncontrolling 

Interest’’; 

7. Adding a line, VA979, Credit Card 

Charge-Offs Related to Accrued Interest; 

8. Adding a line, PD40, Total Loans in 

Process of Foreclosure; 

9. Adding a line, PD415, Construction 

Loans in Process of Foreclosure; 

10. Adding a line, PD421, 1–4 

Dwelling Units Secured by Revolving 

Open-End Loans in Process of 

Foreclosure; 

11. Adding a line, PD423, 1–4 

Dwelling Units Secured by First Liens 

in Process of Foreclosure; 

12. Adding a line, PD424, 1–4 

Dwelling Units Secured by Junior Liens 

in Process of Foreclosure; 

13. Adding a line, PD425, Multifamily 

(5 or more) Dwelling Units in Process of 

Foreclosure; 

14. Adding a line, PD435, 

Nonresidential Property (Except Land) 

in Process of Foreclosure; 

15. Adding a line PD438, Land Loans 

in Process of Foreclosure; 

16. Adding a line, LD111, High Loanto-Value Loans Secured by Multifamily 

Properties without PMI or Government 

Guarantee: Balances at Quarter-End: 

90% up to 100% LTV; 

17. Adding a line, LD121, High Loanto-Value Loans Secured by Multifamily 

Properties without PMI or Government 

Guarantee: Balances at Quarter-End: 

100% and greater LTV; 

18. Adding a line, LD211, High Loanto-Value Loans Secured by Multifamily 

Properties without PMI or Government 

Guarantee: Past Due and Nonaccrual 

Balances: Past Due and Still Accruing: 

30–89 Days: 90% up to 100% LTV; 

19. Adding a line, LD221, High Loanto-Value Loans Secured by Multifamily 

Properties without PMI or Government 

Guarantee: Past Due and Nonaccrual 

Balances: Past Due and Still Accruing: 

30–89 Days: 100% and greater LTV; 

20. Adding a line, LD231, High Loanto-Value Loans Secured by Multifamily 

Properties without PMI or Government 

Guarantee: Past Due and Nonaccrual 

Balances: Past Due and Still Accruing: 

90 Days or More: 90% up to 100% LTV; 

21. Adding a line, LD241, High Loanto-Value Loans Secured by Multifamily 

Properties without PMI or Government 

Guarantee: Past Due and Nonaccrual 

Balances: Past Due and Still Accruing: 

90 Days or More: 100% and greater LTV; 

22. Adding a line, LD251, High Loanto-Value Loans Secured by Multifamily 

Properties without PMI or Government 

Guarantee: Past Due and Nonaccrual 

Balances: Nonaccrual: 90% up to 100% 

LTV; 

23. Adding a line, LD261, High Loanto-Value Loans Secured by Multifamily 

Properties without PMI or Government 

Guarantee: Past Due and Nonaccrual 

Balances: Nonaccrual: 100% and greater 

LTV; 

24. Adding a line, LD311, High Loanto-Value Loans Secured by Multifamily 

Properties without PMI or Government 

Guarantee: Charge-offs and Recoveries: 

Net Charge-offs (including Specific 

Valuation Allowance Provisions & 

Transfers from General to Specific 

Allowances): 90% up to 100% LTV; 

25. Adding a line, LD321, High Loanto-Value Loans Secured by Multifamily 

Properties without PMI or Government 

Guarantee: Charge-offs and Recoveries: 

Net Charge-offs (including Specific 

Valuation Allowance Provisions & 

Transfers From General to Specific 

Allowances): 100% and greater LTV; 

26. Adding a line, LD411, High Loanto-Value Loans Secured by Multifamily 

Properties without PMI or Government 

Guarantee: Purchases: 90% up to 100% 

LTV; 

27. Adding a line, LD421, High Loanto-Value Loans Secured by Multifamily 

Properties without PMI or Government 

Guarantee: Purchases: 100% and greater 

LTV; 

28. Adding a line, LD431, High Loanto-Value Loans Secured by Multifamily 

Properties without PMI or Government 

Guarantee: Originations: 90% up to 

100% LTV; 

29. Adding a line, LD441, High Loanto-Value Loans Secured by Multifamily 

Properties without PMI or Government 

Guarantee: Originations: 100% and 

greater LTV; 

30. Adding a line, LD451, High Loanto-Value Loans Secured by Multifamily 

Properties without PMI or Government 

Guarantee: Sales: 90% up to 100% LTV; 

31. Adding a line, LD461, High Loanto-Value Loans Secured by Multifamily 

Properties without PMI or Government 

Guarantee: Sales: 100% and greater 

LTV; 

32. Adding a line, LD710, 

Construction Loans on 1–4 Dwelling 

Units with Capitalized Interest; 

33. Adding a line, LD715, Capitalized 

Interest on Construction Loans on 1–4 

Dwelling Units Included in Current 

Quarter Income; 

34. Adding a line, LD720, 

Construction Loans on Multifamily (5 or 

More) Dwelling Units with Capitalized 

Interest; 

35. Adding a line, LD725, Capitalized 

Interest on Construction Loans on 

Multifamily (5 or More) Dwelling Units 

Included in Current Quarter Income; 

36. Adding a line, LD730, 

Construction Loans on Nonresidential 

Property (Except Land) with Capitalized 

Interest; 

37. Adding a line, LD735, Capitalized 

Interest on Construction Loans on 

Nonresidential Property (Except Land) 

Included in Current Quarter Income; 

38. Adding a line, CC469, Amount of 

Recourse Obligations on Loans in CC468 

where Recourse Limited to 120 Days or 

Less; 

39. Adding a line, CC471, Amount of 

Recourse Obligations on Loans in CC468 

where Recourse Extends Beyond 120 

Days; 

40. Adding a line, CF365, Memo— 

Loans Sold with Recourse of 120 Days 

or Less; 

41. Adding a line, CF366, Memo— 

Loans Sold with Recourse Greater Than 

120 Days; 

42. Adding a line, DI230, Deposits 

Gathered through CDARS; 

43. Adding a line, DI630, Unsecured 

Federal Funds Purchased; 

44. Adding a line, DI635, Secured 

Federal Funds Purchased; 

45. Adding a line, DI641, Securities 

Sold Under Agreements to Repurchase; 

46. Adding a line, DI645, Unsecured 

‘‘Other Borrowings’’—With a Remaining 

Maturity of One Year or Less; 

47. Adding a line, DI651, Unsecured 

‘‘Other Borrowings’’—With a Remaining 

Maturity of Over One Year; 

48. Adding a line, DI655, 

Subordinated Debentures—With a 

Remaining Maturity of One Year or 

Less; 

49. Adding a line, DI660, 

Subordinated Debentures—With a 

Remaining Maturity of Over One Year; 

50. Adding a line, SI394, Pledged 

Loans; 

51. Adding a line, SI395, Pledged 

Securities; 

52. Adding a question SI901, ‘‘Does 

the institution, without trust powers, act 

as trustee or custodian for Individual 

Health Savings Accounts, and other 

similar accounts that are invested in 

non-deposit products?’’; 

53. Adding a question SI905, ‘‘Does 

the institution provide custody, 

safekeeping or other services involving 

the acceptance of orders for the sale or 

purchase of securities?’’; 

54. Adding a question SI911, ‘‘Does 

the institution engage in third party 

broker arrangements, commonly 

referred to as ‘‘networking’’, to sell 

securities products or services to thrift 

customers?’’; and 

55. Adding a question SI915, ‘‘Does 

the institution sweep deposit funds into 

any open-end investment management 

company registered under the 

Investment Company Act of 1940 that 


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holds itself out as a money market 

fund?’’. 

The following additions to the TFR 

are proposed for collection through a 

new Schedule FV that would be 

required from thrifts with total assets 

greater than $10 billion: 

56. Adding a line, FV110, Federal 

Funds Sold and Securities Purchased 

Under Agreements to Resell—Total Fair 

Value Reported; 

57. Adding a line, FV111, Federal 

Funds Sold and Securities Purchased 

Under Agreements to Resell—Amounts 

Netted in the Determination of Fair 

Value; 

58. Adding a line, FV112, Federal 

Funds Sold and Securities Purchased 

Under Agreements to Resell—Level 1 

Fair Value Measurements; 

59. Adding a line, FV113, Federal 

Funds Sold and Securities Purchased 

Under Agreements to Resell—Level 2 

Fair Value Measurements; 

60. Adding a line, FV114, Federal 

Funds Sold and Securities Purchased 

Under Agreements to Resell—Level 3 

Fair Value Measurements; 

61. Adding a line, FV120, Trading 

Securities—Total Fair Value Reported; 

62. Adding a line, FV121, Trading 

Securities—Amounts Netted in the 

Determination of Fair Value; 

63. Adding a line, FV122, Trading 

Securities—Level 1 Fair Value 

Measurements; 

64. Adding a line, FV123, Trading 

Securities—Level 2 Fair Value 

Measurements; 

65. Adding a line, FV124, Trading 

Securities—Level 3 Fair Value 

Measurements; 

66. Adding a line, FV130, Availablefor-Sale Securities—Total Fair Value 

Reported; 

67. Adding a line, FV131, Availablefor-Sale Securities—Amounts Netted in 

the Determination of Fair Value; 

68. Adding a line, FV132, Availablefor-Sale Securities—Level 1 Fair Value 

Measurements; 

69. Adding a line, FV133, Availablefor-Sale Securities—Level 2 Fair Value 

Measurements; 

70. Adding a line, FV134, Availablefor-Sale Securities—Level 3 Fair Value 

Measurements; 

71. Adding a line, FV210, Loans and 

Leases—Total Fair Value Reported; 

72. Adding a line, FV211, Loans and 

Leases—Amounts Netted in the 

Determination of Fair Value; 

73. Adding a line, FV212, Loans and 

Leases—Level 1 Fair Value 

Measurements; 

74. Adding a line, FV213, Loans and 

Leases—Level 2 Fair Value 

Measurements; 

75. Adding a line, FV214, Loans and 

Leases—Level 3 Fair Value 

Measurements; 

76. Adding a line, FV240, Mortgage 

Servicing Rights—Total Fair Value 

Reported; 

77. Adding a line, FV241, Mortgage 

Servicing Rights—Amounts Netted in 

the Determination of Fair Value; 

78. Adding a line, FV242, Mortgage 

Servicing Rights—Level 1 Fair Value 

Measurements; 

79. Adding a line, FV243, Mortgage 

Servicing Rights—Level 2 Fair Value 

Measurements; 

80. Adding a line, FV244, Mortgage 

Servicing Rights—Level 3 Fair Value 

Measurements; 

81. Adding a line, FV250, Derivative 

Assets—Total Fair Value Reported; 

82. Adding a line, FV251, Derivative 

Assets—Amounts Netted in the 

Determination of Fair Value; 

83. Adding a line, FV252, Derivative 

Assets—Level 1 Fair Value 

Measurements; 

84. Adding a line, FV253, Derivative 

Assets—Level 2 Fair Value 

Measurements; 

85. Adding a line, FV254, Derivative 

Assets—Level 3 Fair Value 

Measurements; 

86. Adding a line, FV310, All Other 

Financial Assets—Total Fair Value 

Reported; 

87. Adding a line, FV311, All Other 

Financial Assets—Amounts Netted in 

the Determination of Fair Value; 

88. Adding a line, FV312, All Other 

Financial Assets—Level 1 Fair Value 

Measurements; 

89. Adding a line, FV313, All Other 

Financial Assets—Level 2 Fair Value 

Measurements; 

90. Adding a line, FV314, All Other 

Financial Assets—Level 3 Fair Value 

Measurements; 

91. Adding a line, FV360, Total Assets 

Measured at Fair Value on a Recurring 

Basis—Total Fair Value Reported; 

92. Adding a line, FV361, Total Assets 

Measured at Fair Value on a Recurring 

Basis—Amounts Netted in the 

Determination of Fair Value; 

93. Adding a line, FV362, Total Assets 

Measured at Fair Value on a Recurring 

Basis—Level 1 Fair Value 

Measurements; 

94. Adding a line, FV363, Total Assets 

Measured at Fair Value on a Recurring 

Basis—Level 2 Fair Value 

Measurements; 

95. Adding a line, FV364, Total Assets 

Measured at Fair Value on a Recurring 

Basis—Level 3 Fair Value 

Measurements; 

96. Adding a line, FV410, Federal 

Funds Purchased and Securities Sold 

Under Agreements to Repurchase— 

Total Fair Value Reported; 

97. Adding a line, FV411, Federal 

Funds Purchased and Securities Sold 

Under Agreements to Repurchase— 

Amounts Netted in the Determination of 

Fair Value; 

98. Adding a line, FV412, Federal 

Funds Purchased and Securities Sold 

Under Agreements to Repurchase— 

Level 1 Fair Value Measurements; 

99. Adding a line, FV413, Federal 

Funds Purchased and Securities Sold 

Under Agreements to Repurchase— 

Level 2 Fair Value Measurements; 

100. Adding a line, FV414, Federal 

Funds Purchased and Securities Sold 

Under Agreements to Repurchase— 

Level 3 Fair Value Measurements; 

101. Adding a line, FV420, Deposits— 

Total Fair Value Reported; 

102. Adding a line, FV421, Deposits— 

Amounts Netted in the Determination of 

Fair Value; 

103. Adding a line, FV422, Deposits— 

Level 1 Fair Value Measurements; 

104. Adding a line, FV423, Deposits— 

Level 2 Fair Value Measurements; 

105. Adding a line, FV424, Deposits— 

Level 3 Fair Value Measurements; 

106. Adding a line, FV440, 

Subordinated Debentures—Total Fair 

Value Reported; 

107. Adding a line, FV441, 

Subordinated Debentures—Amounts 

Netted in the Determination of Fair 

Value; 

108. Adding a line, FV442, 

Subordinated Debentures—Level 1 Fair 

Value Measurements; 

109. Adding a line, FV443, 

Subordinated Debentures—Level 2 Fair 

Value Measurements; 

110. Adding a line, FV444, 

Subordinated Debentures—Level 3 Fair 

Value Measurements; 

111. Adding a line, FV460, Other 

Borrowings—Total Fair Value Reported; 

112. Adding a line, FV461, Other 

Borrowings—Amounts Netted in the 

Determination of Fair Value; 

113. Adding a line, FV462, Other 

Borrowings—Level 1 Fair Value 

Measurements; 

114. Adding a line, FV463, Other 

Borrowings—Level 2 Fair Value 

Measurements; 

115. Adding a line, FV464, Other 

Borrowings—Level 3 Fair Value 

Measurements; 

116. Adding a line, FV470, Derivative 

Liabilities—Total Fair Value Reported; 

117. Adding a line, FV471, Derivative 

Liabilities—Amounts Netted in the 

Determination of Fair Value; 

118. Adding a line, FV472, Derivative 

Liabilities—Level 1 Fair Value 

Measurements; 

119. Adding a line, FV473, Derivative 

Liabilities—Level 2 Fair Value 

Measurements; 


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120. Adding a line, FV474, Derivative 

Liabilities—Level 3 Fair Value 

Measurements; 

121. Adding a line, FV490, All Other 

Financial Liabilities—Total Fair Value 

Reported; 

122. Adding a line, FV491, All Other 

Financial Liabilities—Amounts Netted 

in the Determination of Fair Value; 

123. Adding a line, FV492, All Other 

Financial Liabilities—Level 1 Fair Value 

Measurements; 

124. Adding a line, FV493, All Other 

Financial Liabilities—Level 2 Fair Value 

Measurements; 

125. Adding a line, FV494, All Other 

Financial Liabilities—Level 3 Fair Value 

Measurements; 

126. Adding a line, FV510, Total 

Liabilities Measured at Fair Value on a 

Recurring Basis—Total Fair Value 

Reported; 

127. Adding a line, FV511, Total 

Liabilities Measured at Fair Value on a 

Recurring Basis—Amounts Netted in the 

Determination of Fair Value; 

128. Adding a line, FV512, Total 

Liabilities Measured at Fair Value on a 

Recurring Basis—Level 1 Fair Value 

Measurements; 

129. Adding a line, FV513, Total 

Liabilities Measured at Fair Value on a 

Recurring Basis—Level 2 Fair Value 

Measurements; 

130. Adding a line, FV514, Total 

Liabilities Measured at Fair Value on a 

Recurring Basis—Level 3 Fair Value 

Measurements; 

131. Adding a line, FS234, IRAs, 

HSAs, and Similar Accounts—Amount 

of Managed Assets; 

132. Adding a line, FS235, IRAs, 

HSAs, and Similar Accounts—Amount 

of Nonmanaged Assets; 

133. Adding a line, FS236, IRAs, 

HSAs, and Similar Accounts—Number 

of Managed Accounts; 

134. Adding a line, FS237, IRAs, 

HSAs, and Similar Accounts—Number 

of Nonmanaged Accounts; 

135. Adding a line, FS261, Investment 

Management and Investment Advisory 

Accounts—Amount of Nonmanaged 

Assets; 

136. Adding a line, FS263, Investment 

Management and Investment Advisory 

Accounts—Number of Nonmanaged 

Accounts; 

137. Adding a line, FS264, 

Foundations and Endowments— 

Amount of Managed Assets; 

138. Adding a line, FS265, 

Foundations and Endowments— 

Amount of Nonmanaged Assets; 

139. Adding a line, FS266, 

Foundations and Endowments— 

Number of Managed Accounts; 

140. Adding a line, FS267, 

Foundations and Endowments— 

Number of Nonmanaged Accounts; 

141. Adding a line, FS335, Fiduciary 

and Related Services Income—IRAs, 

HSAs, and Similar Accounts; 

142. Adding a line, FS411, 

Noninterest-Bearing Deposits— 

Employee Benefit and Other Individual 

Retirement Accounts; 

143. Adding a line, FS412, 

Noninterest-Bearing Deposits—All 

Other Accounts; 

144. Adding a line, FS413, 

Noninterest-Bearing Deposits—Total; 

145. Adding a line, FS416, InterestBearing Deposits—Employee Benefit 

and Other Individual Retirement 

Accounts; 

146. Adding a line, FS417, InterestBearing Deposits—All Other Accounts; 

147. Adding a line, FS418, InterestBearing Deposits—Total; 

148. Adding a line, FS421, U.S. 

Treasury and U.S. Government Agency 

Obligations—Employee Benefit and 

Other Individual Retirement Accounts; 

149. Adding a line, FS422, U.S. 

Treasury and U.S. Government Agency 

Obligations—All Other Accounts; 

150. Adding a line, FS423, U.S. 

Treasury and U.S. Government Agency 

Obligations—Total; 

151. Adding a line, FS426, State, 

County, and Municipal Obligations— 

Employee Benefit and Other Individual 

Retirement Accounts; 

152. Adding a line, FS427, State, 

County, and Municipal Obligations—All 

Other Accounts; 

153. Adding a line, FS428, State, 

County, and Municipal Obligations— 

Total; 

154. Adding a line, FS431, Common 

Trust Funds and Collective Investment 

Funds—Employee Benefit and Other 

Individual Retirement Accounts; 

155. Adding a line, FS432, Common 

Trust Funds and Collective Investment 

Funds—All Other Accounts; 

156. Adding a line, FS433, Common 

Trust Funds and Collective Investment 

Funds—Total; 

157. Adding a line, FS434, Mutual 

Funds—Equity—Personal Trust and 

Agency, Investment Management 

Agency Accounts; 

158. Adding a line, FS436, Mutual 

Funds—Equity—All Other Accounts; 

159. Adding a line, FS437, Mutual 

Funds—Equity—Total; 

160. Adding a line, FS438, Mutual 

Funds—Money Market—Personal Trust 

and Agency, Investment Management 

Agency Accounts; 

161. Adding a line, FS439, Mutual 

Funds—Money Market—Employee 

Benefit and Other Individual Retirement 

Accounts; 

162. Adding a line, FS441, Mutual 

Funds—Money Market—Total; 

163. Adding a line, FS442, Mutual 

Funds—Other—Personal Trust and 

Agency, Investment Management 

Agency Accounts; 

164. Adding a line, FS443, Mutual 

Funds—Other—Employee Benefit and 

Other Individual Retirement Accounts; 

165. Adding a line, FS444, Mutual 

Funds—Other—All Other Accounts; 

166. Adding a line, FS451, ShortTerm Obligations—Employee Benefit 

and Other Individual Retirement 

Accounts; 

167. Adding a line, FS452, ShortTerm Obligations—All Other Accounts; 

168. Adding a line, FS453, ShortTerm Obligations—Total; 

169. Adding a line, FS456, Other 

Notes and Bonds—Employee Benefit 

and Other Individual Retirement 

Accounts; 

170. Adding a line, FS457, Other 

Notes and Bonds—All Other Accounts; 

171. Adding a line, FS458, Other 

Notes and Bonds—Total; 

172. Adding a line, FS461, Common 

and Preferred Stocks—Employee Benefit 

and Other Individual Retirement 

Accounts; 

173. Adding a line, FS462, Common 

and Preferred Stocks—All Other 

Accounts; 

174. Adding a line, FS463, Common 

and Preferred Stocks—Total; 

175. Adding a line, FS465, Real Estate 

Mortgages—Personal Trust and Agency, 

Investment Management Agency 

Accounts; 

176. Adding a line, FS466, Real Estate 

Mortgages—Employee Benefit and Other 

Individual Retirement Accounts; 

177. Adding a line, FS467, Real Estate 

Mortgages—All Other Accounts; 

178. Adding a line, FS468, Real Estate 

Mortgages—Total; 

179. Adding a line, FS470, Real 

Estate—Personal Trust and Agency, 

Investment Management Agency 

Accounts; 

180. Adding a line, FS471, Real 

Estate—Employee Benefit and Other 

Individual Retirement Accounts; 

181. Adding a line, FS472, Real 

Estate—All Other Accounts; 

182. Adding a line, FS473, Real 

Estate—Total; 

183. Adding a line, FS475, 

Miscellaneous Assets—Personal Trust 

and Agency, Investment Management 

Agency Accounts; 

184. Adding a line, FS476, 

Miscellaneous Assets—Employee 

Benefit and Other Individual Retirement 

Accounts; 

185. Adding a line, FS477, 

Miscellaneous Assets—All Other 

Accounts; 

186. Adding a line, FS478, 

Miscellaneous Assets—Total; 

187. Adding a line, FS480, 

Investments in Unregistered Funds and 


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Private Equity Investments—Personal 

Trust and Agency, Investment 

Management Agency Accounts; 

188. Adding a line, FS481, 

Investments in Unregistered Funds and 

Private Equity Investments—Employee 

Benefit and Other Individual Retirement 

Accounts; 

189. Adding a line, FS482, 

Investments in Unregistered Funds and 

Private Equity Investments—All Other 

Accounts; 

190. Adding a line, FS483, 

Investments in Unregistered Funds and 

Private Equity Investments—Total; 

191. Adding a line, FS490, Total 

Managed Assets—Personal Trust and 

Agency, Investment Management 

Agency Accounts; 

192. Adding a line, FS491, Total 

Managed Assets—Employee Benefit and 

Other Individual Retirement Accounts; 

193. Adding a line, FS492, Total 

Managed Assets—All Other Accounts; 

194. Adding a line, FS493, Total 

Managed Assets—Total; 

195. Adding a line, FS495, 

Investments of Managed Fiduciary 

Accounts in Advised or Sponsored 

Mutual Funds—Market Value of 

Discretionary Investments in Proprietary 

Mutual Funds; 

196. Adding a line, FS496, 

Investments of Managed Fiduciary 

Accounts in Advised or Sponsored 

Mutual Funds—Number of Managed 

Assets Holding Investments in 

Proprietary Mutual Funds; 

197. Adding a line, FS516, Corporate 

and Municipal Trusteeships—Issues 

Reported in FS520 and FS515 that are 

in Default—Number of Issues; 

198. Adding a line, FS517, Corporate 

and Municipal Trusteeships—Issues 

Reported in FS520 and FS515 that are 

in Default—Principal Amount 

Outstanding; 

199. Adding a line, HC221, Parent 

Only Perpetual Preferred Stock: 

Cumulative; 

200. Adding a line, HC222, Parent 

Only Perpetual Preferred Stock: 

Noncumulative; 

201. Adding a line, HC223, Parent 

Only Common Stock: Par Value; 

202. Adding a line, HC224, Parent 

Only Common Stock: Paid in Excess of 

Par; 

203. Adding a line, HC225, Parent 

Only Accumulated Other 

Comprehensive Income: Unrealized 

Gains (Losses) on Available-for-Sale 

Securities; 

204. Adding a line, HC226, Parent 

Only Accumulated Other 

Comprehensive Income: Gains (Losses) 

on Cash Flow Hedges; 

205. Adding a line, HC227, Parent 

Only Accumulated Other 

Comprehensive Income: Other; 

206. Adding a line, HC228, Parent 

Only Retained Earnings; 

207. Adding a line, HC229, Parent 

Only Other Components of Equity 

Capital; 

208. Adding a line, HC301, Parent 

Only Cash, Deposits, and Investment 

Securities; 

209. Adding a line, HC505, Parent 

Only Interest Income; 

210. Adding a line, HC509, Parent 

Only Total Income; 

211. Adding a line, HC570, Parent 

Only Total Expense; 

212. Adding a line, HC571, Parent 

Only Total Income Taxes; 

213. Adding a line, HC575, Parent 

Only Dividends Paid; 

214. Adding a line, HC601, 

Consolidated Cash, Deposits, and 

Investment Securities; 

215. Adding a line, HC621, 

Consolidated Perpetual Preferred Stock: 

Cumulative; 

216. Adding a line, HC622, 

Consolidated Perpetual Preferred Stock: 

Noncumulative; 

217. Adding a line, HC623, 

Consolidated Common Stock: Par Value; 

218. Adding a line, HC624, 

Consolidated Common Stock: Paid in 

Excess of Par; 

219. Adding a line, HC625, 

Consolidated Accumulated Other 

Comprehensive Income: Unrealized 

Gains (Losses) on Available-for-Sale 

Securities; 

220. Adding a line, HC626, 

Consolidated Accumulated Other 

Comprehensive Income: Gains (Losses) 

on Cash Flow Hedges; 

221. Adding a line, HC627, 

Consolidated Accumulated Other 

Comprehensive Income: Other; 

222. Adding a line, HC628, 

Consolidated Only Retained Earnings; 

223. Adding a line, HC629, 

Consolidated Only Other Components 

of Equity Capital. ≤224. Adding a line, 

HC705, Consolidated Interest Income; 

225. Adding a line, HC709, 

Consolidated Total Income; 

226. Adding a line, HC770, 

Consolidated Total Expense; 

227. Adding a line, HC771, 

Consolidated Total Income Taxes; 

228. Adding a line, HC775, 

Consolidated Dividends Paid; 

229. Adding a new code to Schedule 

CMR, Miscellaneous: Collateralized 

Debt Obligations: Carrying Value; 

230. Adding a new code to Schedule 

CMR, Miscellaneous: Collateralized 

Debt Obligations: Market Value; 

231. Adding a new code to Schedule 

CMR, Miscellaneous: Collateralized 

Loan Obligations: Carrying Value; ≤232. 

Adding a new code to Schedule CMR, 

Miscellaneous: Collateralized Loan 

Obligations: Market Value; 

233. Adding a new code to Schedule 

CMR, Miscellaneous: Commercial 

Mortgage-Backed Securities: Carrying 

Value; and 

234. Adding a new code to Schedule 

CMR, Miscellaneous: Commercial 

Mortgage-Backed Securities: Market 

Value. 

D. Eliminating Confidential Treatment 

of Schedule FS and Schedule HC Data 

The specific wording of the captions 

for the new and revised TFR items 

discussed in this proposal and the 

numbering of these items in the report 

is preliminary. 

II. Discussion of Revisions Proposed for 

March 2009 

A. Backgound 

In December 2007, the Financial 

Accounting Standards Board issued 

Statement of Financial Accounting 

Standards No. 160, ‘‘Noncontrolling 

Interests in Consolidated Financial 

Statements’’ (FAS 160). Under this 

Statement, a noncontrolling interest, 

formerly referred to as a minority 

interest, is that portion of total 

stockholders’ equity and total net 

income or loss that is not attributable, 

directly or indirectly, to the parent; that 

is, to the controlling interest. FAS 160 

changes the placement of the 

noncontrolling interest on the balance 

sheet and income statement. For savings 

associations and holding companies 

with a calendar year-end, the Statement 

becomes effective in the first quarter of 

2009. Accordingly, OTS proposes to 

make certain changes to Schedules SC, 

SO, HC, and CCR. 

B. Elimination of Existing Items 

1. As a result of the issuance of FAS 

160 (see Background above), OTS 

proposes to eliminate line CCR190, 

Minority Interest in Includable 

Subsidiaries. 

C. Revision of Existing Items 

1. As a result of the issuance of FAS 

160 (see Background above), OTS 

proposes to revise the captions of lines 

SC800, Minority Interest, SC80, Total 

Equity Capital, SC90, Total Liabilities, 

Minority Interest, and Equity Capital, 

SO 91, Net Income (Loss), HC620, 

Minority Interest, HC640, Net Income 

for the Quarter, and CCR105, Minority 

Interest in Nonincludable Subsidiaries. 

D. New Items 

1. As a result of the issuance of FAS 

160 (see Background above), OTS 

proposes to add lines SC84, Total Equity 

Capital, SO99, Net Income or Loss— 

Total, and SO93, Net Income or Loss 

Attributable to Noncontrolling Interest. 


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2. To separately capture impairment 

charges on debt and equity securities, 

OTS proposes to add line SO440, Otherthan-Temporary Impairment Charges on 

Debt and Equity Securities. 

E. Eliminating Confidential Treatment 

of Schedule FS and Schedule HC Data 

An important public policy issue for 

the federal banking regulatory agencies 

has been how to use market discipline 

to complement supervisory resources. 

Market discipline relies on market 

participants having sufficient 

appropriate information about the 

financial condition and risks of banks, 

thrifts, and their holding companies. 

The TFR is widely used by securities 

analysts, rating agencies, and large 

institutional investors as sources of 

thrift-specific data. Disclosure that 

increases transparency should lead to 

more accurate market assessments of 

individual banks’ performance and 

risks. This, in turn, should result in 

more effective market discipline on 

thrifts. 

Despite this emphasis on market 

discipline, OTS currently accords 

confidential treatment to the 

information that certain institutions 

report in Schedule FS—Fiduciary and 

Related Services, on fiduciary and 

related services income, expenses, and 

losses reported on lines FS310 through 

FS393, FS30, and FS35; and on 

fiduciary settlements, surcharges, and 

other losses reported on lines FS710 

through FS742, FS70, FS71, and FS72. 

OTS also accords confidential treatment 

to all of the information that certain 

institutions report in Schedule HC— 

Thrift Holding Company. 

1. Eliminating Confidential Treatment of 

Schedule FS Data 

Data on fiduciary and related services 

income, expenses, and losses is treated 

as confidential on an individual 

institution basis. Nevertheless, OTS 

publishes aggregate data derived from 

these confidential items. OTS does not 

preclude institutions from publicly 

disclosing the fiduciary and related 

services income, expense, and loss data 

that the agencies treat as confidential. 

In addition, under the Uniform 

Interagency Trust Rating System, the 

agencies assign a rating to the earnings 

of an institution’s fiduciary activities at 

those institutions with fiduciary assets 

of more than $100 million, which are 

also the institutions that report their 

fiduciary and related services income, 

expenses, and losses in Call Report 

Schedule RC–T. The agencies’ 

evaluation of an institution’s trust 

earnings considers such factors as the 

profitability of fiduciary activities in 

relation to the size and scope of those 

activities and the institution’s overall 

business, taking this into account by 

functions and product lines. Although 

the agencies’ ratings for individual 

institutions are not publicly available, 

the reason for rating the trust earnings 

of institutions with more than $100 

million in fiduciary assets—its effect on 

the financial condition of the 

institution—means that fiduciary and 

related services income, expenses, and 

losses information for these institutions 

is also relevant to market participants 

and others in the public as they seek to 

evaluate the financial condition and 

performance of individual institutions. 

Increasing the transparency of 

institutions’ fiduciary activities by 

making individual institutions’ 

fiduciary income, expense, and loss data 

available to the public should improve 

the market’s ability to assess these 

institutions’ performance and risks and 

thereby enhance market discipline. 

Accordingly, the agencies are proposing 

to eliminate the confidential treatment 

for the data on fiduciary and related 

services income, expenses, and losses 

that are reported in Schedule RC-T 

beginning with the amounts reported as 

of March 31, 2009. 

2. Eliminating Confidential Treatment of 

Schedule HC Data 

OTS is requesting comments on the 

continued confidential treatment of data 

filed by individual thrift holding 

companies on Schedule HC. OTS 

presently does not publicly release 

Schedule HC data filed by holding 

companies. However, many public 

requests are received for these data. In 

addition, some rating agencies have 

indicated thrift holding company debt 

ratings suffer due to the lack of publicly 

available data. 

III. Discussion of Revisions Proposed 

for June 2009 

A. Elimination of Existing Items: 

1. Schedule SI—Consolidated 

Supplemental Information 

OTS proposes to eliminate the 

following two line items from Schedule 

SI: 

SI805, Sell private-label/third-party 

mutual funds/annuities; and 

SI860—Fee Income from the Sale/ 

Servicing of Mutual Funds/Annuities. 

Line SI805 is a yes/no question 

regarding the sale of private label or 

third party mutual funds and annuities. 

Line SI860 reports the amount of fee 

income from the sale and servicing of 

mutual funds and annuities. Institutions 

that provided a yes response to line 

SI805 will now provide the same 

response to new line SI911. OTS 

believes the data reported in line SI860 

can be collected independently of the 

TFR reporting system during the 

examination process. 

B. Revisions of Existing Items: 

1. Revising the caption for line SO430 

from ‘‘Noninterest Income—Net Income 

(Loss) from Other—Sale of Assets Held 

for Sale and Available-for-Sale 

Securities’’ to Noninterest Income—Net 

Income (Loss) from Other—Sale of 

Available-for-Sale Securities’’ to 

separately report gains and losses on the 

sale of available-for-sale securities from 

gains and losses on loans and leases 

held for sale and on other assets held for 

sale. Gains and losses on loans and 

leases held for sale and on other assets 

held for sale would be reported in new 

lines SO431 and SO432 described 

below; and 

2. Revising the language for question 

HC840 from ‘‘Is the holding company or 

any of its subsidiaries regulated by a 

foreign financial services regulator?’’ to 

‘‘Is the holding company or any of its 

affiliates conducting operations outside 

of the U.S. through a foreign branch or 

subsidiary?’’ This line is being revised 

to more fully identify holding 

companies with foreign operations, 

including parallel banking operations. A 

parallel banking organization exists 

when at least one U.S. bank and one 

foreign financial institution are 

controlled either directly or indirectly 

by the same person or group of persons 

who are closely associated in their 

business dealings or otherwise acting 

together, but are not subject to 

consolidated supervision by a single 

home country supervisor. A foreign 

financial institution includes a holding 

company of the foreign bank and any 

U.S. or foreign affiliates of the foreign 

bank. 

C. New Items 

1. Noninterest Income 

OTS proposes to add two lines related 

to gains and losses on the sale of loans 

and leases held for sale and on other 

assets held for sale: 

SO431, Noninterest Income—Net 

Income (Loss) from Other—Sale of 

Loans and Leases Held for Sale; and 

SO432, Noninterest Income—Net 

Income (Loss) from Other—Sale of 

Other Assets Held for Sale. 

These new lines, in conjunction with 

the revised line SO430 described above, 

will allow thrifts to separately report 

gains and losses on the sale of availablefor-sale securities, on loans and leases 

held for sale, and on other assets held 

for sale. 


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2. Credit Card Charge-Offs Related to 

Accrued Interest 

OTS proposes to add a line, VA979, 

Credit Card Charge-Offs Related to 

Accrued Interest, to capture data on the 

amount of credit card charge-offs that 

are due to accrued interest. This change 

is being made at the request of the FDIC 

to improve their deposit insurance 

premium assessment process. 

3. Loans in Process of Foreclosure 

OTS proposes to add a series of eight 

lines to Schedule PD related to loans in 

the process of foreclosure: 

PD40, Total Loans in Process of 

Foreclosure; 

PD415, Construction Loans in Process 

of Foreclosure; 

PD421, 1–4 Dwelling Units Secured 

by Revolving Open-End Loans in 

Process of Foreclosure; 

PD423, 1–4 Dwelling Units Secured 

by First Liens in Process of Foreclosure; 

PD424, 1–4 Dwelling Units Secured 

by Junior Liens in Process of 

Foreclosure; 

PD425, Multifamily (5 or more) 

Dwelling Units in Process of 

Foreclosure; 

PD435, Nonresidential Property 

(Except Land) in Process of Foreclosure; 

and 

PD438, Land Loans in Process of 

Foreclosure. 

OTS believes these new line items 

will provide additional detail on the 

various types of real estate loans in the 

process of foreclosure. With these new 

data items, OTS will be better able to 

monitor the asset quality and risk 

profiles of thrifts. 

Thrifts would report total unpaid 

principal balance of loans secured by 

the various types of real estate for which 

formal foreclosure proceedings to seize 

the real estate collateral have started 

and are ongoing as of quarter-end, 

regardless of the date the foreclosure 

procedure was initiated. Loans would 

be classified as in process of foreclosure 

according to local requirements. 

4. High Loan-to-Value Loans Secured by 

Multifamily Properties without PMI or 

Government Guarantee 

OTS proposes to add a series of 16 

lines to Schedule LD related to high 

loan-to-value loans secured by 

multifamily properties without private 

mortgage insurance (PMI) or 

government guarantee: 

LD111, High Loan-to-Value Loans 

Secured by Multifamily Properties 

without PMI or Government Guarantee: 

Balances at Quarter-End: 90% up to 

100% LTV; 

LD121, High Loan-to-Value Loans 

Secured by Multifamily Properties 

without PMI or Government Guarantee: 

Balances at Quarter-End: 100% and 

greater LTV; 

LD211, High Loan-to-Value Loans 

Secured by Multifamily Properties 

without PMI or Government Guarantee: 

Past Due and Nonaccrual Balances: Past 

Due and Still Accruing: 30–89 Days: 

90% up to 100% LTV; 

LD221, High Loan-to-Value Loans 

Secured by Multifamily Properties 

without PMI or Government Guarantee: 

Past Due and Nonaccrual Balances: Past 

Due and Still Accruing: 30–89 Days: 

100% and greater LTV; 

LD231, High Loan-to-Value Loans 

Secured by Multifamily Properties 

without PMI or Government Guarantee: 

Past Due and Nonaccrual Balances: Past 

Due and Still Accruing: 90 Days or 

More: 90% up to 100% LTV; 

LD241, High Loan-to-Value Loans 

Secured by Multifamily Properties 

without PMI or Government Guarantee: 

Past Due and Nonaccrual Balances: Past 

Due and Still Accruing: 90 Days or 

More: 100% and greater LTV; 

LD251, High Loan-to-Value Loans 

Secured by Multifamily Properties 

without PMI or Government Guarantee: 

Past Due and Nonaccrual Balances: 

Nonaccrual: 90% up to 100% LTV; 

LD261, High Loan-to-Value Loans 

Secured by Multifamily Properties 

without PMI or Government Guarantee: 

Past Due and Nonaccrual Balances: 

Nonaccrual: 100% and greater LTV; 

LD311, High Loan-to-Value Loans 

Secured by Multifamily Properties 

without PMI or Government Guarantee: 

Charge-offs and Recoveries: Net Chargeoffs (including Specific Valuation 

Allowance Provisions & Transfers from 

General to Specific Allowances): 90% 

up to 100% LTV; 

LD321, High Loan-to-Value Loans 

Secured by Multifamily Properties 

without PMI or Government Guarantee: 

Charge-offs and Recoveries: Net Chargeoffs (including Specific Valuation 

Allowance Provisions & Transfers From 

General to Specific Allowances): 100% 

and greater LTV; 

LD411, High Loan-to-Value Loans 

Secured by Multifamily Properties 

without PMI or Government Guarantee: 

Purchases: 90% up to 100% LTV; 

LD421, High Loan-to-Value Loans 

Secured by Multifamily Properties 

without PMI or Government Guarantee: 

Purchases: 100% and greater LTV; 

LD431, High Loan-to-Value Loans 

Secured by Multifamily Properties 

without PMI or Government Guarantee: 

Originations: 90% up to 100% LTV; 

LD441, High Loan-to-Value Loans 

Secured by Multifamily Properties 

without PMI or Government Guarantee: 

Originations: 100% and greater LTV; 

LD451, High Loan-to-Value Loans 

Secured by Multifamily Properties 

without PMI or Government Guarantee: 

Sales: 90% up to 100% LTV; and 

LD461, High Loan-to-Value Loans 

Secured by Multifamily Properties 

without PMI or Government Guarantee: 

Sales: 100% and greater LTV. 

OTS believes these new line items 

will provide additional detail on high 

loan-to-value loans secured by 

multifamily properties held by thrifts, 

including detail on delinquencies, 

nonaccruals, and net charge-offs, and 

data on such loans originated, 

purchased, or sold during the reporting 

period. With these new data items, OTS 

will be better able to monitor the risk 

profiles of thrifts with concentrations of 

high loan-to-value multifamily mortgage 

loans. 

5. Construction Loans with Capitalized 

Interest 

OTS proposes to add a series of six 

lines to Schedule LD related to 

construction loans with capitalized 

interest: 

LD710, Construction Loans on 1–4 

Dwelling Units with Capitalized 

Interest; 

LD715, Capitalized Interest on 

Construction Loans on 1–4 Dwelling 

Units Included in Current Quarter 

Income; 

LD720, Construction Loans on 

Multifamily (5 or More) Dwelling Units 

with Capitalized Interest; 

LD725, Capitalized Interest on 

Construction Loans on Multifamily (5 or 

More) Dwelling Units Included in 

Current Quarter Income; 

LD730, Construction Loans on 

Nonresidential Property (Except Land) 

with Capitalized Interest; and 

LD735, Capitalized Interest on 

Construction Loans on Nonresidential 

Property (Except Land) Included in 

Current Quarter Income. 

OTS believes these new line items 

will provide additional detail on the use 

of capitalized interest in connection 

with various types of construction 

loans. With these new data items, OTS 

will be better able to monitor the risk 

profiles of thrifts with concentrations of 

construction loans. 

6. Recourse Obligations on Loans in 

Line CC468 

OTS proposes to add two lines to 

Schedule CC related to recourse 

obligations on loans in CC468, Amount 

of Recourse Obligations on Assets in 

CC455 (Line CC455 is the Total 

Principal Amount of Assets Covered by 

Recourse Obligations or Direct Credit 

Substitutes): 


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CC469, Amount of Recourse 

Obligations on Loans in CC468 where 

Recourse Limited to 120 Days or Less; 

and 

CC471, Amount of Recourse 

Obligations on Loans in CC468 where 

Recourse Extends Beyond 120 Days. 

OTS believes these new line items 

will provide additional detail on the 

amount of assets with recourse 

obligations held by thrifts. 

7. Loans Sold with Recourse 

OTS proposes to add two lines to 

Schedule CF related to loans sold 

during the current reporting period with 

recourse obligations: 

CF365, Memo—Loans Sold with 

Recourse of 120 Days or Less; and 

CF366, Memo—Loans Sold with 

Recourse Greater Than 120 Days. 

OTS believes these new line items 

will provide additional detail on the 

quarterly amount of loans sold with 

recourse obligations held by thrifts. 

8. Deposits Gathered Through CDARS 

OTS proposes to add a line to 

Schedule DI related to deposits gathered 

through the Certificate of Deposit 

Account Registry Service (CDARS): 

DI230, Deposits Gathered through 

CDARS. 

CDARS member institutions accept 

depositor funds and place these into 

certificates of deposit issued by 

financial institutions in the network. 

This occurs in amounts that ensure that 

both principal and interest are eligible 

for full FDIC insurance. OTS believes 

this new line item will provide 

additional detail on the deposit funding 

sources used by thrifts. 

9. Additions for Deposit AssessmentRelated Purposes 

At the request of the Federal Deposit 

Insurance Corporation for deposit 

assessment-related purposes, the OTS 

proposes to add the following seven 

lines to Schedule DI: 

DI630, Unsecured Federal Funds 

Purchased; 

DI635, Secured Federal Funds 

Purchased; 

DI641, Securities Sold Under 

Agreements to Repurchase; 

DI645, Unsecured ‘‘Other 

Borrowings’’—With a Remaining 

Maturity of One Year or Less; 

DI651, Unsecured ‘‘Other 

Borrowings’’—With a Remaining 

Maturity of Over One Year; 

DI655, Subordinated Debentures— 

With a Remaining Maturity of One Year 

or Less; and 

DI660, Subordinated Debentures— 

With a Remaining Maturity of Over One 

Year. 

The additional reporting detail by 

maturity is proposed as the FDIC plans 

to provide a reduction in assessment 

rates to institutions with longer-term 

unsecured borrowings and subordinated 

debt. The FDIC believes that such 

borrowing and debt will likely remain 

when an institution fails, thus providing 

a cushion to help protect the Deposit 

Insurance Fund. 

10. Pledged Loans and Securities 

OTS proposes to add two lines to 

Schedule SI related to loans and 

securities pledged as collateral for loans: 

SI394, Pledged Loans; and 

SI395, Pledged Trading Assets. 

OTS believes these new line items 

will provide additional detail on the 

amount of loans and securities pledged 

by thrifts as collateral for loans. These 

data items will permit OTS to better 

monitor the risk profiles of thrifts with 

concentrations of pledged loans and 

securities. 

11. Questions Relating to Thrift 

Activities 

OTS proposes to add the following 

four new questions to Schedule SI: 

SI901, ‘‘Does the institution, without 

trust powers, act as trustee or custodian 

for Individual Health Savings Accounts, 

and other similar accounts that are 

invested in non-deposit products?’’; 

SI905, ‘‘Does the institution provide 

custody, safekeeping or other services 

involving the acceptance of orders for 

the sale or purchase of securities?’’; 

SI911, ‘‘Does the institution engage in 

third party broker arrangements, 

commonly referred to as ‘networking’, to 

sell securities products or services to 

thrift customers?’’; and 

SI915, ‘‘Does the institution sweep 

deposit funds into any open-end 

investment management company 

registered under the Investment 

Company Act of 1940 that holds itself 

out as a money market fund?’’. 

The questions relate to whether a 

thrift is a trustee or custodian for certain 

types of accounts or provides certain 

services in connection with orders for 

securities transactions regardless of 

whether the thrift exercises trust 

powers. 

12. Holding Company Data 

OTS proposes to add a series of 30 

lines to Schedule HC to provide 

additional detailed data on the thrift 

holding company parent and on a 

consolidated basis: 

HC221, Parent Only Perpetual 

Preferred Stock: Cumulative; 

HC222, Parent Only Perpetual 

Preferred Stock: Noncumulative; 

HC223, Parent Only Common Stock: 

Par Value; 

HC224, Parent Only Common Stock: 

Paid in Excess of Par; 

HC225, Parent Only Accumulated 

Other Comprehensive Income: 

Unrealized Gains (Losses) on Availablefor-Sale Securities; 

HC226, Parent Only Accumulated 

Other Comprehensive Income: Gains 

(Losses) on Cash Flow Hedges; 

HC227, Parent Only Accumulated 

Other Comprehensive Income: Other; 

HC228, Parent Only Retained 

Earnings; 

HC229, Parent Only Other 

Components of Equity Capital; 

HC301, Parent Only Cash, Deposits, 

and Investment Securities; 

HC505, Parent Only Interest Income; 

HC509, Parent Only Total Income; 

HC570, Parent Only Total Expense; 

HC571, Parent Only Total Income 

Taxes; 

HC575, Parent Only Dividends Paid; 

HC601, Consolidated Cash, Deposits, 

and Investment Securities; 

HC621, Consolidated Perpetual 

Preferred Stock: Cumulative; 

HC622, Consolidated Perpetual 

Preferred Stock: Noncumulative; 

HC623, Consolidated Common Stock: 

Par Value; 

HC624, Consolidated Common Stock: 

Paid in Excess of Par; 

HC625, Consolidated Accumulated 

Other Comprehensive Income: 

Unrealized Gains (Losses) on Availablefor-Sale Securities; 

HC626, Consolidated Accumulated 

Other Comprehensive Income: Gains 

(Losses) on Cash Flow Hedges; 

HC627, Consolidated Accumulated 

Other Comprehensive Income: Other; 

HC628, Consolidated Only Retained 

Earnings; 

HC629, Consolidated Only Other 

Components of Equity Capital. 

HC705, Consolidated Interest Income; 

HC709, Consolidated Total Income; 

HC770, Consolidated Total Expense; 

HC771, Consolidated Total Income 

Taxes; and 

HC775, Consolidated Dividends Paid. 

OTS believes these new line items 

will provide additional detail on thrift 

holding companies. With these new 

data items, OTS will be better able to 

monitor the risk profiles of thrift 

holding companies. 

13. New Codes for Schedule CMR 

OTS proposes to add a series of six 

new codes to Schedule CMR to provide 

additional reporting detail on 

collateralized debt obligations (CDOs), 

collateralized loan obligations (CLOs), 

and commercial mortgage-backed 

securities (CMBSs): 

Collateralized Debt Obligations: 

Carrying Value; 


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Collateralized Debt Obligations: 

Market Value; 

Collateralized Loan Obligations: 

Carrying Value; 

Collateralized Loan Obligations: 

Market Value; 

Commercial Mortgage-Backed 

Securities: Carrying Value; and 

Commercial Mortgage-Backed 

Securities: Market Value. 

CDOs are a type of asset-backed 

security and structured credit product. 

CDOs are constructed from a portfolio of 

fixed-income assets that are pooled 

together and passed on to different 

classes of owners. 

CLOs are a type of asset-backed 

security and structured credit product. 

CLOs are structured from a portfolio of 

nonmortgage business loans that are 

pooled together and passed on to 

different classes of owners. 

CMBSs are a type of asset-backed 

security and structured credit product. 

CMBSs are structured from a portfolio of 

commercial mortgage loans that are 

pooled together and passed on to 

different classes of owners. 

IV. Discussion of Revisions Proposed 

for December 2009 

A. Burden-Reducing Revision 

1. Eliminating Schedule CSS— 

Subordinate Organization Schedule 

OTS proposes to eliminate Schedule 

CSS from the TFR. Twenty-three line 

items are presently collected annually 

as of December 31, for each and every 

required subordinate organization 

owned directly or indirectly by the 

savings association. OTS believes these 

data can be collected independently of 

the TFR reporting system during the 

normal onsite or offsite examination 

process. In the most recent Schedule 

CSS filing for the reporting period 

ending December 31, 2007, 337 thrifts 

reported data for 666 subsidiary 

organizations and 492 thrifts reported 

no Schedule CSS data. 

B. New Items 

1. Schedule FV—Consolidated Assets 

and Liabilities Measured at Fair Value 

on a Recurring Basis 

Effective for the March 31, 2007, 

report date, OTS began collecting 

information on certain assets and 

liabilities measured at fair value in 

Schedule SI. The data collected on 

Schedule SI is intended to be consistent 

with the fair value disclosures and other 

requirements in FASB Statement No. 

157, Fair Value Measurements (FAS 

157). 

Based on the OTS’s ongoing review of 

industry reporting and disclosure 

practices since the inception of this 

standard, and the reporting of items at 

fair value on Schedule SI, OTS is 

proposing to expand the data collected 

from thrifts with total assets greater than 

$10 billion. 

To improve the consistency of data 

collected with the FAS 157 disclosure 

requirements and industry disclosure 

practices, OTS is proposing to add a 

new Schedule FV for thrifts with total 

assets greater than $10 billion to the 

TFR to expand the detail of fair value 

data collected on Schedule SI in a 

manner consistent with the asset and 

liability breakdowns on Schedule RC, 

Balance Sheet, as proposed by the 

banking agencies for the Call Report. 

OTS has determined that the 

proposed information is necessary to 

more accurately assess the impact of fair 

value accounting and fair value 

measurements for safety and soundness 

purposes at the largest thrifts. The 

collection of the information as 

proposed will facilitate and enhance 

OTS’s ability to monitor the extent of 

fair value accounting in thrifts’ Reports 

of Condition pursuant to the disclosure 

requirements of FAS 157. The 

information to be collected is consistent 

with the disclosures required by FAS 

157 and consistent with industry 

practice for reporting fair value 

measurements and should, therefore, 

not impose significant incremental 

burden on thrifts with total assets 

greater than $10 billion. The following 

75 new line items are proposed for 

Schedule FV: 

FV110, Federal Funds Sold and 

Securities Purchased Under Agreements 

to Resell—Total Fair Value Reported; 

FV111, Federal Funds Sold and 

Securities Purchased Under Agreements 

to Resell—Amounts Netted in the 

Determination of Fair Value; 

FV112, Federal Funds Sold and 

Securities Purchased Under Agreements 

to Resell—Level 1 Fair Value 

Measurements; 

FV113, Federal Funds Sold and 

Securities Purchased Under Agreements 

to Resell—Level 2 Fair Value 

Measurements; 

FV114, Federal Funds Sold and 

Securities Purchased Under Agreements 

to Resell—Level 3 Fair Value 

Measurements; 

FV120, Trading Securities—Total Fair 

Value Reported; 

FV121, Trading Securities—Amounts 

Netted in the Determination of Fair 

Value; 

FV122, Trading Securities—Level 1 

Fair Value Measurements; 

FV123, Trading Securities—Level 2 

Fair Value Measurements; 

FV124, Trading Securities—Level 3 

Fair Value Measurements; 

FV130, Available-for-Sale Securities— 

Total Fair Value Reported; 

FV131, Available-for-Sale Securities— 

Amounts Netted in the Determination of 

Fair Value; 

FV132, Available-for-Sale Securities— 

Level 1 Fair Value Measurements; 

FV133, Available-for-Sale Securities— 

Level 2 Fair Value Measurements; 

FV134, Available-for-Sale Securities— 

Level 3 Fair Value Measurements; 

FV210, Loans and Leases—Total Fair 

Value Reported; 

FV211, Loans and Leases—Amounts 

Netted in the Determination of Fair 

Value; 

FV212, Loans and Leases—Level 1 

Fair Value Measurements; 

FV213, Loans and Leases—Level 2 

Fair Value Measurements; 

FV214, Loans and Leases—Level 3 

Fair Value Measurements; 

FV240, Mortgage Servicing Rights— 

Total Fair Value Reported; 

FV241, Mortgage Servicing Rights— 

Amounts Netted in the Determination of 

Fair Value; 

FV242, Mortgage Servicing Rights— 

Level 1 Fair Value Measurements; 

FV243, Mortgage Servicing Rights— 

Level 2 Fair Value Measurements; 

FV244, Mortgage Servicing Rights— 

Level 3 Fair Value Measurements; 

FV250, Derivative Assets—Total Fair 

Value Reported; 

FV251, Derivative Assets—Amounts 

Netted in the Determination of Fair 

Value; 

FV252, Derivative Assets—Level 1 

Fair Value Measurements; 

FV253, Derivative Assets—Level 2 

Fair Value Measurements; 

FV254, Derivative Assets—Level 3 

Fair Value Measurements; 

FV310, All Other Financial Assets— 

Total Fair Value Reported; 

FV311, All Other Financial Assets— 

Amounts Netted in the Determination of 

Fair Value; 

FV312, All Other Financial Assets— 

Level 1 Fair Value Measurements; 

FV313, All Other Financial Assets— 

Level 2 Fair Value Measurements; 

FV314, All Other Financial Assets— 

Level 3 Fair Value Measurements; 

FV360, Total Assets Measured at Fair 

Value on a Recurring Basis—Total Fair 

Value Reported; 

FV361, Total Assets Measured at Fair 

Value on a Recurring Basis—Amounts 

Netted in the Determination of Fair 

Value; 

FV362, Total Assets Measured at Fair 

Value on a Recurring Basis—Level 1 

Fair Value Measurements; 

FV363, Total Assets Measured at Fair 

Value on a Recurring Basis—Level 2 

Fair Value Measurements; 


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FV364, Total Assets Measured at Fair 

Value on a Recurring Basis—Level 3 

Fair Value Measurements; 

FV410, Federal Funds Purchased and 

Securities Sold Under Agreements to 

Repurchase—Total Fair Value Reported; 

FV411, Federal Funds Purchased and 

Securities Sold Under Agreements to 

Repurchase—Amounts Netted in the 

Determination of Fair Value; 

FV412, Federal Funds Purchased and 

Securities Sold Under Agreements to 

Repurchase—Level 1 Fair Value 

Measurements; 

FV413, Federal Funds Purchased and 

Securities Sold Under Agreements to 

Repurchase—Level 2 Fair Value 

Measurements; 

FV414, Federal Funds Purchased and 

Securities Sold Under Agreements to 

Repurchase—Level 3 Fair Value 

Measurements; 

FV420, Deposits—Total Fair Value 

Reported; 

FV421, Deposits—Amounts Netted in 

the Determination of Fair Value; 

FV422, Deposits—Level 1 Fair Value 

Measurements; 

FV423, Deposits—Level 2 Fair Value 

Measurements; 

FV424, Deposits—Level 3 Fair Value 

Measurements; 

FV440, Subordinated Debentures— 

Total Fair Value Reported; 

FV441, Subordinated Debentures— 

Amounts Netted in the Determination of 

Fair Value; 

FV442, Subordinated Debentures— 

Level 1 Fair Value Measurements; 

FV443, Subordinated Debentures— 

Level 2 Fair Value Measurements; 

FV444, Subordinated Debentures— 

Level 3 Fair Value Measurements; 

FV460, Other Borrowings—Total Fair 

Value Reported; 

FV461, Other Borrowings—Amounts 

Netted in the Determination of Fair 

Value; 

FV462, Other Borrowings—Level 1 

Fair Value Measurements; 

FV463, Other Borrowings—Level 2 

Fair Value Measurements; 

FV464, Other Borrowings—Level 3 

Fair Value Measurements; 

FV470, Derivative Liabilities—Total 

Fair Value Reported; 

FV471, Derivative Liabilities— 

Amounts Netted in the Determination of 

Fair Value; 

FV472, Derivative Liabilities—Level 1 

Fair Value Measurements; 

FV473, Derivative Liabilities—Level 2 

Fair Value Measurements; 

FV474, Derivative Liabilities—Level 3 

Fair Value Measurements; 

FV490, All Other Financial 

Liabilities—Total Fair Value Reported; 

FV491, All Other Financial 

Liabilities—Amounts Netted in the 

Determination of Fair Value; 

FV492, All Other Financial 

Liabilities—Level 1 Fair Value 

Measurements; 

FV493, All Other Financial 

Liabilities—Level 2 Fair Value 

Measurements; 

FV494, All Other Financial 

Liabilities—Level 3 Fair Value 

Measurements; 

FV510, Total Liabilities Measured at 

Fair Value on a Recurring Basis—Total 

Fair Value Reported; 

FV511, Total Liabilities Measured at 

Fair Value on a Recurring Basis— 

Amounts Netted in the Determination of 

Fair Value; 

FV512, Total Liabilities Measured at 

Fair Value on a Recurring Basis—Level 

1 Fair Value Measurements; 

FV513, Total Liabilities Measured at 

Fair Value on a Recurring Basis—Level 

2 Fair Value Measurements; and 

FV514, Total Liabilities Measured at 

Fair Value on a Recurring Basis—Level 

3 Fair Value Measurements. 

2. Fiduciary and Related Services Data 

The revisions to Schedule FS include 

breaking out foundations and 

endowments as well as investment 

advisory agency accounts as separate 

types of fiduciary accounts in the 

schedule’s sections for reporting 

fiduciary and related assets and income; 

adding items for Individual Retirement 

Accounts and similar accounts included 

in fiduciary and related assets; 

expanding the breakdown of managed 

assets by type of asset to cover all types 

of fiduciary accounts; adding new asset 

types in the breakdown of managed 

assets by type of asset; revising the 

manner in which discretionary 

investments in common trust funds and 

collective investment funds are reported 

in the breakdown of managed assets by 

type of asset; adding items for the 

market value of discretionary 

investments in proprietary mutual funds 

and the number of managed accounts 

holding such investments; and adding 

items for the number and principal 

amount outstanding of debt issues in 

substantive default for which the 

institution serves as indenture trustee. 

The following 14 line items would be 

revised in Schedule FS: 

Revising the caption for line FS260 

from ‘‘Investment Management Agency 

Accounts—Amount of Managed Assets’’ 

to ‘‘Investment Management and 

Investment Advisory Accounts— 

Amount of Managed Assets’’; 

Revising the caption for line FS262 

from ‘‘Investment Management Agency 

Accounts—Number of Managed 

Accounts’’ to ‘‘Investment Management 

and Investment Advisory Accounts— 

Number of Managed Accounts’’; 

Revising the caption for line FS360 

from ‘‘Investment Management Agency 

Accounts’’ to ‘‘Investment Management 

& Investment Advisory Accounts’’; 

Revising line FS410 to NoninterestBearing Deposits—Personal Trust and 

Agency, Investment Management 

Agency Accounts; 

Revising line FS415 to InterestBearing Deposits—Personal Trust and 

Agency, Investment Management 

Agency Accounts; 

Revising line FS420 to U.S. Treasury 

and U.S. Government Agency 

Obligations—Personal Trust and 

Agency, Investment Management 

Agency Accounts; 

Revising line FS425 to State, County, 

and Municipal Obligations—Personal 

Trust and Agency, Investment 

Management Agency Accounts; 

Revising line FS430 to Common Trust 

Funds and Collective Investment 

Funds—Personal Trust and Agency, 

Investment Management Agency 

Accounts; 

Revising line FS435 to Mutual 

Funds—Equity—Employee Benefit and 

Other Individual Retirement Accounts; 

Revising line FS440 to Mutual 

Funds—Money Market—All Other 

Accounts; 

Revising line FS445 to Mutual 

Funds—Other—Total; 

Revising line FS450 to Short-Term 

Obligations—Personal Trust and 

Agency, Investment Management 

Agency Accounts; 

Revising line FS455 to Other Notes 

and Bonds—Personal Trust and Agency, 

Investment Management Agency 

Accounts; and 

Revising line FS460 to Common and 

Preferred Stocks—Personal Trust and 

Agency, Investment Management 

Agency Accounts. 

The following 68 line items would be 

added to Schedule FS: 

FS234, IRAs, HSAs, and Similar 

Accounts—Amount of Managed Assets; 

FS235, IRAs, HSAs, and Similar 

Accounts—Amount of Nonmanaged 

Assets; 

FS236, IRAs, HSAs, and Similar 

Accounts—Number of Managed 

Accounts; 

FS237, IRAs, HSAs, and Similar 

Accounts—Number of Nonmanaged 

Accounts; 

FS261, Investment Management and 

Investment Advisory Accounts— 

Amount of Nonmanaged Assets; 

FS263, Investment Management and 

Investment Advisory Accounts— 

Number of Nonmanaged Accounts; 

FS264, Foundations and 

Endowments—Amount of Managed 

Assets; 


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FS265, Foundations and 

Endowments—Amount of Nonmanaged 

Assets; 

FS266, Foundations and 

Endowments—Number of Managed 

Accounts; 

FS267, Foundations and 

Endowments—Number of Nonmanaged 

Accounts; 

FS335, Fiduciary and Related 

Services Income—IRAs, HSAs, and 

Similar Accounts; 

FS411, Noninterest-Bearing 

Deposits—Employee Benefit and Other 

Individual Retirement Accounts; 

FS412, Noninterest-Bearing 

Deposits—All Other Accounts; 

FS413, Noninterest-Bearing 

Deposits—Total; 

FS416, Interest-Bearing Deposits— 

Employee Benefit and Other Individual 

Retirement Accounts; 

FS417, Interest-Bearing Deposits—All 

Other Accounts; 

FS418, Interest-Bearing Deposits— 

Total; 

FS421, U.S. Treasury and U.S. 

Government Agency Obligations— 

Employee Benefit and Other Individual 

Retirement Accounts; 

FS422, U.S. Treasury and U.S. 

Government Agency Obligations—All 

Other Accounts; 

FS423, U.S. Treasury and U.S. 

Government Agency Obligations—Total; 

FS426, State, County, and Municipal 

Obligations—Employee Benefit and 

Other Individual Retirement Accounts; 

FS427, State, County, and Municipal 

Obligations—All Other Accounts; 

FS428, State, County, and Municipal 

Obligations—Total; 

FS431, Common Trust Funds and 

Collective Investment Funds— 

Employee Benefit and Other Individual 

Retirement Accounts; 

FS432, Common Trust Funds and 

Collective Investment Funds—All Other 

Accounts; 

FS433, Common Trust Funds and 

Collective Investment Funds—Total; 

FS434, Mutual Funds—Equity— 

Personal Trust and Agency, Investment 

Management Agency Accounts; 

FS436, Mutual Funds—Equity—All 

Other Accounts; 

FS437, Mutual Funds—Equity—Total; 

FS438, Mutual Funds—Money 

Market—Personal Trust and Agency, 

Investment Management Agency 

Accounts; 

FS439, Mutual Funds—Money 

Market—Employee Benefit and Other 

Individual Retirement Accounts; 

FS441, Mutual Funds—Money 

Market—Total; 

FS442, Mutual Funds—Other— 

Personal Trust and Agency, Investment 

Management Agency Accounts; 

FS443, Mutual Funds—Other— 

Employee Benefit and Other Individual 

Retirement Accounts; 

FS444, Mutual Funds—Other—All 

Other Accounts; 

FS451, Short-Term Obligations— 

Employee Benefit and Other Individual 

Retirement Accounts; 

FS452, Short-Term Obligations—All 

Other Accounts; 

FS453, Short-Term Obligations— 

Total; 

FS456, Other Notes and Bonds— 

Employee Benefit and Other Individual 

Retirement Accounts; 

FS457, Other Notes and Bonds—All 

Other Accounts; 

FS458, Other Notes and Bonds— 

Total; 

FS461, Common and Preferred 

Stocks—Employee Benefit and Other 

Individual Retirement Accounts; 

FS462, Common and Preferred 

Stocks—All Other Accounts; 

FS463, Common and Preferred 

Stocks—Total; 

FS465, Real Estate Mortgages— 

Personal Trust and Agency, Investment 

Management Agency Accounts; 

FS466, Real Estate Mortgages— 

Employee Benefit and Other Individual 

Retirement Accounts; 

FS467, Real Estate Mortgages—All 

Other Accounts; 

FS468, Real Estate Mortgages—Total; 

FS470, Real Estate—Personal Trust 

and Agency, Investment Management 

Agency Accounts; 

FS471, Real Estate—Employee Benefit 

and Other Individual Retirement 

Accounts; 

FS472, Real Estate—All Other 

Accounts; 

FS473, Real Estate—Total; 

FS475, Miscellaneous Assets— 

Personal Trust and Agency, Investment 

Management Agency Accounts; 

FS476, Miscellaneous Assets— 

Employee Benefit and Other Individual 

Retirement Accounts; 

FS477, Miscellaneous Assets—All 

Other Accounts; 

FS478, Miscellaneous Assets—Total; 

FS480, Investments in Unregistered 

Funds and Private Equity Investments— 

Personal Trust and Agency, Investment 

Management Agency Accounts; 

FS481, Investments in Unregistered 

Funds and Private Equity Investments— 

Employee Benefit and Other Individual 

Retirement Accounts; 

FS482, Investments in Unregistered 

Funds and Private Equity Investments— 

All Other Accounts; 

FS483, Investments in Unregistered 

Funds and Private Equity Investments— 

Total; 

FS490, Total Managed Assets— 

Personal Trust and Agency, Investment 

Management Agency Accounts; 

FS491, Total Managed Assets— 

Employee Benefit and Other Individual 

Retirement Accounts; 

FS492, Total Managed Assets—All 

Other Accounts; 

FS493, Total Managed Assets—Total; 

FS495, Investments of Managed 

Fiduciary Accounts in Advised or 

Sponsored Mutual Funds—Market 

Value of Discretionary Investments in 

Proprietary Mutual Funds; 

FS496, Investments of Managed 

Fiduciary Accounts in Advised or 

Sponsored Mutual Funds—Number of 

Managed Assets Holding Investments in 

Proprietary Mutual Funds; 

FS516, Corporate and Municipal 

Trusteeships—Issues Reported in FS520 

and FS515 that are in Default—Number 

of Issues; and 

FS517, Corporate and Municipal 

Trusteeships—Issues Reported in FS520 

and FS515 that are in Default—Principal 

Amount Outstanding. 

Request for Comments: 

OTS may not conduct or sponsor an 

information collection, and respondents 

are not required to respond to an 

information collection, unless the 

information collection displays a 

currently valid OMB control number. 

In this notice, OTS is soliciting 

comments concerning the following 

information collection. 

Statutory Requirement: 12 U.S.C. 

1464(v) imposes reporting requirements 

for savings associations. 

Type of Review: Revision of currently 

approved collections. 

Affected Public: Business or For 

Profit. 

Estimated Number of Respondents 

and Recordkeepers: 829. 

Estimated Burden Hours per 

Respondent: 37.0 hours average for 

quarterly schedules and 2.0 hours 

average for schedules required only 

annually plus recordkeeping of an 

average of one hour per quarter. 

Estimated Frequency of Response: 

Quarterly. 

Estimated Total Annual Burden: 

191,098 hours. 

OTS is proposing to revise the TFR, 

which is currently an approved 

collection of information, on a phasedin basis over 2009. The effect on 

reporting burden of the proposed 

revisions to the TFR requirements will 

vary from institution to institution 

depending on the institution’s asset size 

and its involvement with the types of 

activities or transactions to which the 

proposed changes apply. 

The proposed TFR changes that 

would take effect as of March 31, 2009, 

would eliminate one line item, revise 

the captions for seven existing items, 

add four new items, and eliminate 


jlentini on PROD1PC65 with NOTICES
57218 Federal Register / Vol. 73, No. 191 / Wednesday, October 1, 2008 / Notices 

confidential treatment of fiduciary 

income, expense, and loss data in 

Schedule FS and data in Schedule HC. 

The proposed TFR changes that 

would take effect as of June 30, 2009, 

would eliminate two existing items, 

revise two existing items, add 77 new 

items, add six new reporting codes in 

Schedule CMR, and add four new 

questions to Schedule SI on whether a 

thrift is a trustee or custodian for certain 

types of accounts or provides certain 

services in connection with orders for 

securities transactions regardless of 

whether the thrift exercises trust 

powers. 

The proposed TFR revisions that 

would take effect December 31, 2009, 

would eliminate the entire Schedule 

CSS from the TFR, would add 75 new 

line items for assets and liabilities 

measured at fair value on a recurring 

basis in a new Schedule FV— 

Consolidated Assets and Liabilities 

Measured at Fair Value on a Recurring 

Basis for thrifts with total assets greater 

than $10 billion, and would revise 

Schedule FS—Fiduciary and Related 

Services by revising 14 existing line 

items and adding 68 new line items. 

OTS estimates that the 

implementation of these reporting 

revisions will result in an increase in 

the current reporting burden imposed 

by the TFR on all savings associations. 

As part of the approval process, we 

invite comments addressing one or more 

of the following points: 

a. Whether the proposed revisions to 

the TFR collections of information are 

necessary for the proper performance of 

the agency’s functions, including 

whether the information has practical 

utility; 

b. The accuracy of the agency’s 

estimate of the burden of the collection 

of information; 

c. Ways to enhance the quality, 

utility, and clarity of the information to 

be collected; 

d. Ways to minimize the burden of 

information collections on respondents, 

including through the use of automated 

collection techniques, the Internet, or 

other forms of information technology; 

and 

e. Estimates of capital or start up costs 

and costs of operation, maintenance, 

and purchase of services to provide 

information. 

OTS will summarize the comments 

received and include them in the 

request for OMB approval. All 

comments will become a matter of 

public record. 

Clearance Officer: Ira L. Mills, (202) 

906–6531, Office of Thrift Supervision, 

1700 G Street, NW., Washington, DC 

20552. 

OMB Reviewer: Desk Officer for OTS, 

FAX: (202) 395–6974, U.S. Office of 

Management and Budget, 725—17th 

Street, NW., Room 10235, Washington, 

DC 20503. 

Dated: September 24, 2008. 

Deborah Dakin, 

Senior Deputy Chief Counsel, Regulations and 

Legislation Division. 

[FR Doc. E8–22988 Filed 9–30–08; 8:45 am] 

BILLING CODE 6720–01–P 

DEPARTMENT OF THE TREASURY 

Office of Thrift Supervision 

Savings and Loan Holding Company 

Registration Statement—H–(b)10 

AGENCY: Office of Thrift Supervision 

(OTS), Treasury. 

ACTION: Notice and request for comment. 

SUMMARY: The Department of the 

Treasury, as part of its continuing effort 

to reduce paperwork and respondent 

burden, invites the general public and 

other Federal agencies to comment on 

proposed and continuing information 

collections, as required by the 

Paperwork Reduction Act of 1995, 44 

U.S.C. 3507. The Office of Thrift 

Supervision within the Department of 

the Treasury will submit the proposed 

information collection requirement 

described below to the Office of 

Management and Budget (OMB) for 

review, as required by the Paperwork 

Reduction Act. Today, OTS is soliciting 

public comments on its proposal to 

extend this information collection. 

DATES: Submit written comments on or 

before December 1, 2008. 

ADDRESSES: Send comments, referring to 

the collection by title of the proposal or 

by OMB approval number, to 

Information Collection Comments, Chief 

Counsel’s Office, Office of Thrift 

Supervision, 1700 G Street, NW., 

Washington, DC 20552; send a facsimile 

transmission to (202) 906–6518; or send 

an e-mail to 

infocollection.comments@ots.treas.gov. 

OTS will post comments and the related 

index on the OTS Internet Site at 

http://www.ots.treas.gov. In addition, 

interested persons may inspect 

comments at the Public Reading Room, 

1700 G Street, NW., by appointment. To 

make an appointment, call (202) 906– 

5922, send an e-mail to 

public.info@ots.treas.gov, or send a 

facsimile transmission to (202) 906– 

7755. 

FOR FURTHER INFORMATION CONTACT: You 

can request additional information 

about this proposed information 

collection from Lane Langford (202) 

906–7027, Office of Thrift Supervision, 

1700 G Street, NW., Washington, DC 

20552. 

SUPPLEMENTARY INFORMATION: OTS may 

not conduct or sponsor an information 

collection, and respondents are not 

required to respond to an information 

collection, unless the information 

collection displays a currently valid 

OMB control number. As part of the 

approval process, we invite comments 

on the following information collection. 

Comments should address one or 

more of the following points: 

a. Whether the proposed collection of 

information is necessary for the proper 

performance of the functions of OTS; 

b. The accuracy of OTS’s estimate of 

the burden of the proposed information 

collection; 

c. Ways to enhance the quality, 

utility, and clarity of the information to 

be collected; 

d. Ways to minimize the burden of the 

information collection on respondents, 

including through the use of 

information technology. 

We will summarize the comments 

that we receive and include them in the 

OTS request for OMB approval. All 

comments will become a matter of 

public record. In this notice, OTS is 

soliciting comments concerning the 

following information collection. 

Title of Proposal: Savings and Loan 

Holding Company Registration 

Statement—H(b)10. 

OMB Number: 1550–0020. 

Form Numbers: H–(b)10. 

Regulation requirement: 12 CFR Part 

584. 

Description: The Statement is used to 

collect information concerning the 

acquisition, as well as any changes to 

intercompany relationships of the 

savings and loan holding company and 

its subsidiaries since submission of the 

holding company acquisition 

application. 

OTS reviews the Statement for 

adequacy of answers to items and 

completeness in all material respects. In 

particular, OTS reviews each Statement 

to determine whether there has been 

adequate disclosure of pertinent facts. 

The Statement provides factual 

information concerning the date of 

consummation of transactions and the 

number of shares acquired whereas 

estimates of such information are 

provided in the application. In addition, 

a requirement is contained in the 

Statement concerning changes to 

information filed during the application 

process. 

Type of Review: Extension of a 

currently approved collection. 


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