SCHEDULE RC-E -- DEPOSIT LIABILITIES

Transcription

1 SCHEDULE RC-E -- DEPOSIT LIABILITIES General Instructins A cmplete discussin f depsits is included in the Glssary entry entitled "depsits." That discussin addresses the fllwing tpics and types f depsits in detail: (1) Federal Depsit Insurance Act definitin f depsits; (2) transactin accunts; (3) demand depsits; (4) NOW accunts; (5) ATS accunts; (6) telephne r preauthrized transfer accunts; (7) nntransactin accunts; (8) savings depsits; (9) mney market depsit accunts; (10) ther savings depsits; (11) time depsits; (12) time certificates f depsit; (13) time depsits, pen accunt; (14) interest-bearing depsit accunts; and (15) nninterest-bearing depsit accunts. Additinal discussins pertaining t depsits will als be fund under separate Glssary entries fr: (1) brrwings and depsits in freign ffices; (2) brkered depsits; (3) cash management arrangements; (4) dealer reserve accunts; (5) hypthecated depsits; (6) letter f credit (fr letters f credit sld fr cash and travelers letters f credit); (7) verdraft; (8) pass-thrugh reserve balances; (9) placements and takings; and (10) reciprcal balances. On the FFIEC 031 nly, Schedule RC-E cnsists f tw parts. Part I cvers the depsit liabilities f the dmestic ffices f the cnslidated bank. Part II cvers the depsit liabilities f the freign ffices (including Edge and Agreement subsidiaries and IBFs) f the cnslidated bank. (See the Glssary entries fr "dmestic ffice" and "freign ffice" fr the definitins f these terms.) NOTE: Fr infrmatin abut the reprting f depsits fr depsit insurance and FICO assessment purpses, refer t Schedule RC-O. NOTE: Fr the apprpriate treatment f depsits f depsitry institutins fr which the reprting bank is serving as a pass-thrugh agent fr federal required reserves, see the Glssary entry fr "pass-thrugh reserve balances." FFIEC 031, 032, 033, and 034 RC-E-1

2 (Part I. Depsits in Dmestic Offices) Definitins The term "depsits" is defined in the Glssary and generally fllws the definitins f depsits used in the Federal Depsit Insurance Act and in Federal Reserve Regulatin D. Reciprcal balances between the reprting bank and ther depsitry institutins may be reprted n a net basis when a right f setff exists. See the Glssary entry fr "ffsetting" fr the cnditins that must be met fr a right f setff t exist. The fllwing are nt reprted as depsits: (1) Depsits received in ne ffice f the bank fr depsit in anther ffice f the bank. (2) Outstanding drafts (including advices r authrizatins t charge the bank's balance in anther depsitry institutin) drawn in the regular curse f business by the reprting bank n ther depsitry institutins. (3) Trust funds held in the bank's wn trust department that the bank keeps segregated and apart frm its general assets and des nt use in the cnduct f its business (reprt separately in Schedule RC-O, item 3, "Uninvested trust funds (cash) held in the bank's wn trust department"). (4) Depsits accumulated fr the payment f persnal lans (i.e., hypthecated depsits), which shuld be netted against lans in Schedule RC-C, Lans and Lease Financing Receivables. (5) All bligatins arising frm assets sld under agreements t repurchase. (6) Overdrafts in depsit accunts. Overdrafts are t be reprted as lans in Schedule RC-C and nt as negative depsits. Overdrafts in ne r mre transactin accunts within a grup f related transactin accunts f a single type (i.e., demand depsit accunts r NOW accunts, but nt a cmbinatin theref) maintained in the same right and capacity by a custmer (a single legal entity) that are established under a bna fide cash management arrangement by this custmer are nt t be classified as lans unless there is a net verdraft psitin in the grup f related transactin accunts taken as a whle. Fr reprting and depsit insurance assessment purpses, such accunts functin as, and are regarded as, ne accunt rather than multiple separate accunts. (NOTE: Affiliates and subsidiaries are cnsidered separate legal entities.) See the Glssary entry fr "cash management arrangements" fr infrmatin n bna fide cash management arrangements. (7) Time depsits sld (issued) by the reprting bank that it has subsequently purchased in the secndary market (typically as a result f the bank's trading activities) and has nt resld as f the reprt date. Fr purpses f these reprts, a bank that purchases a time depsit it has issued is regarded as having paid the time depsit prir t maturity. The effect f the transactin is that the bank has cancelled a liability as ppsed t having acquired an asset fr its prtfli. The fllwing are reprted as depsits: (1) Depsits f trust funds standing t the credit f ther banks and all trust funds held r depsited in any department f the reprting bank ther than the trust department. (2) Credit items that culd nt be psted t the individual depsit accunts but that have been credited t the cntrl accunts f the varius depsit categries n the general ledger. FFIEC 031, 032, 033, and 034 RC-E-2

3 Definitins (cnt.) (3) Credit items nt yet psted t depsit accunts that are carried in suspense r similar nndepsit accunts and are material in amunt. As described in the Glssary entry fr "suspense accunts," the items included in such accunts shuld be reviewed and material amunts reprted in the apprpriate balance sheet accunts. NOTE: Depsits carried in suspense accunts that have nt been reclassified as depsits and reprted in Schedule RC-E must be reprted as unpsted credits in Schedule RC-O, item 2. (4) Escrw funds. (5) Payments cllected by the bank n lans secured by real estate and ther lans serviced fr thers that have nt yet been remitted t the wners f the lans. (6) Credit balances resulting frm custmers' verpayments f accunt balances n credit cards and related plans. (7) Funds received r held in cnnectin with checks r drafts drawn by the reprting bank and drawn n, r payable at r thrugh, anther depsitry institutin either n a zer-balance accunt r n an accunt that is nt rutinely maintained with sufficient balances t cver checks drawn in the nrmal curse f business (including accunts where funds are remitted by the reprting bank nly when it has been advised that the checks r drafts have been presented). (8) Funds received r held in cnnectin with traveler's checks and mney rders sld (but nt drawn) by the reprting bank, until the prceeds f the sale are remitted t anther party, and funds received r held in cnnectin with ther such checks used (but nt drawn) by the reprting bank, until the amunt f the checks is remitted t anther party. (9) Checks drawn by the reprting bank n, r payable at r thrugh, a Federal Reserve Bank r a Federal Hme Lan Bank. (10) Refundable lan cmmitment fees received r held by the reprting bank prir t lan clsing. (11) Refundable stck subscriptin payments received r held by the reprting bank prir t the issuance f the stck. (Reprt nnrefundable stck subscriptin payments in Schedule RC-G, item 4, "Other liabilities.") In additin, the grss amunt f debit items ("thrw-uts," "bkkeepers' cutbacks," r "rejects") that cannt be psted t the individual depsit accunts withut creating verdrafts r fr sme ther reasn (e.g., stp payment, missing endrsement, pst r stale date, r accunt clsed), but which have been charged t the cntrl accunts f the varius depsit categries n the general ledger, shuld be credited t (added back t) the apprpriate depsit cntrl ttals and reprted in Schedule RC-F, item 4, "Other" assets. The Mnetary Cntrl Act f 1980 and the resulting revisin t Federal Reserve Regulatin D, "Reserve Requirements f Depsitry Institutins," established, fr purpses f federal reserve requirements n depsit liabilities, a categry f depsits designated as "transactin accunts." The distinctin between transactin and nntransactin accunts is discussed in detail in the Glssary entry fr "depsits." NOTE: Mney market depsit accunts (MMDAs) are regarded as savings depsits and are specifically excluded frm the "transactin accunt" classificatin. FFIEC 031, 032, 033, and 034 RC-E-3

4 Summary f Transactin Accunt Classificatins (See the Glssary entry fr "depsits" fr detailed definitins and further infrmatin.) A. Always regarded as transactin accunts: 1. Demand depsits. 2. NOW accunts. 3. ATS accunts. 4. Accunts (ther than savings depsits) frm which payments may be made t third parties by means f an autmated teller machine (ATM), a remte service unit (RSU), r anther electrnic device, including by debit card. 5. Accunts (ther than savings depsits) that permit third party payments thrugh use f checks, drafts, negtiable instruments, r ther similar instruments. B. Depsits r accunts that are regarded as transactin accunts if the fllwing specified cnditins exist: 1. Accunts that therwise meet the definitin f savings depsits but that authrize r permit the depsitr t exceed the transfer and withdrawal rules fr a savings depsit. 2. Any depsit r accunt that therwise meets the definitin f a time depsit but that allws withdrawals within the first six days after the date f depsit and that des nt require an early withdrawal penalty f at least seven days' simple interest n amunts withdrawn within thse first six days, unless the depsit r accunt meets the definitin f a savings depsit. Any such depsit r accunt that meets the definitin f a savings depsit shall be reprted as a savings depsit, therwise it shall be reprted as a demand depsit, which is a transactin accunt. 3. The remaining balance f a time depsit frm which a partial early withdrawal is made, unless the remaining balance either (a) is subject t additinal early withdrawal penalties f at least seven days' simple interest n amunts withdrawn within six days after each partial withdrawal (in which case the depsit r accunt cntinues t be reprted as a time depsit) r (b) is placed in an accunt that meets the definitin f a savings depsit (in which case the depsit r accunt shall be reprted as a savings depsit). Otherwise, the depsit r accunt shall be reprted as a demand depsit, which is a transactin accunt. C. Nt regarded as transactin accunts (unless specified abve): 1. Savings depsits (including accunts cmmnly knwn as mney market depsit accunts (MMDAs)). 2. Accunts that permit telephne r preauthrized transfers r transfers by ATMs r RSUs t repay lans made r serviced by the same depsitry institutin. 3. Accunts that permit telephne r preauthrized withdrawals where the prceeds are t be mailed t r picked up by the depsitr. 4. Accunts that permit transfers t ther accunts f the depsitr at the same institutin thrugh ATMs r RSUs. FFIEC 031, 032, 033, and 034 RC-E-4

5 Clumn Instructins Depsits as summarized abve are divided int tw general categries, "Transactin Accunts" (clumns A and B) and "Nntransactin Accunts (including MMDAs)" (clumn C). Clumn A - Ttal transactin accunts. Reprt in clumn A the ttal f all transactin accunts as summarized abve and fully defined in the Glssary entry fr "depsits." With the exceptins nted in the item instructins and the Glssary entry, the term "transactin accunt" is defined as a depsit r accunt frm which the depsitr r accunt hlder is permitted t make transfers r withdrawals by negtiable r transferable instruments, payment rders f withdrawal, telephne transfers, r ther similar devices fr the purpse f making third party payments r transfers t third persns r thers, r frm which the depsitr may make third party payments at an autmated teller machine (ATM), a remte service unit (RSU), r anther electrnic device, including by debit card. Clumn B - Mem: Ttal demand depsits. Reprt in clumn B all demand depsits, including any matured time r savings depsits withut autmatic renewal prvisins, unless the depsit agreement specifically prvides fr the funds t be transferred at maturity t anther type f accunt (i.e., ther than a demand depsit) (see the Glssary entry fr "depsits"). NOTE: Demand depsits are, f curse, ne type f transactin accunt and, therefre, amunts reprted in this clumn shuld be included in the ttal f transactin accunts that is reprted in clumn A. Clumn C - Ttal nntransactin accunts (including MMDAs). Reprt in clumn C all depsits ther than transactin accunts as summarized abve and defined in the Glssary entry fr "depsits." Include in clumn C all interest-bearing and nninterest-bearing savings depsits and time depsits tgether with all interest paid by crediting savings and time depsit accunts. Item Instructins Item N. Captin and Instructins 1 Depsits f individuals, partnerships, and crpratins. Reprt in the apprpriate clumn all depsits f individuals, partnerships, and crpratins, wherever lcated. Include in this item: (1) Depsits related t the persnal, husehld, r family activities f bth farm and nnfarm individuals and t the business activities f sle prprietrships. (2) Depsits f crpratins and rganizatins (ther than depsitry institutins), regardless f whether they are perated fr prfit, including but nt limited t: (a) mutual funds and ther nndepsitry financial institutins; (b) freign gvernment-wned nnbank cmmercial and industrial enterprises; and (c) quasi-gvernmental rganizatins such as pst exchanges n military psts and depsits f a cmpany, battery, r similar rganizatin (unless the reprting bank has been designated by the U.S. Treasury as a depsitry fr such funds and apprpriate security fr the depsits has been pledged, in which case, reprt in Schedule RC-E, item 2). FFIEC 031, 032, 033, and 034 RC-E-5

6 Item N. Captin and Instructins 1 (3) Dealer reserve accunts (see the Glssary entry fr "dealer reserve accunts" fr the (cnt.) definitin f this term). (4) Depsits f U.S. Gvernment agencies and instrumentalities such as the: (a) Banks fr Cperatives, (b) Exprt-Imprt Bank f the U.S., (c) Federal Depsit Insurance Crpratin, (d) Federal Financing Bank, (e) Federal Hme Lan Banks, (f) Federal Hme Lan Mrtgage Crpratin, (g) Federal Intermediate Credit Banks, (h) Federal Land Banks, (i) Federal Natinal Mrtgage Assciatin, (j) Natinal Credit Unin Administratin Central Liquidity Facility, (k) Natinal Credit Unin Share Insurance Fund, (l) Office f Thrift Supervisin, and (m) Student Lan Marketing Assciatin. (5) Depsits f trust funds standing t the credit f ther banks and all trust funds held r depsited in any department (except the trust department) f the reprting bank if the beneficiary is an individual, partnership, r crpratin. (6) Credit balances n credit cards and related plans as a result f custmer verpayment. (7) Depsits f a federal r state curt held fr the benefit f individuals, partnerships, r crpratins, such as bankruptcy funds and escrw funds. Exclude frm this item depsits f: (1) The U.S. Gvernment (reprt in Schedule RC-E, item 2). (2) States and plitical subdivisins in the U.S. (reprt in Schedule RC-E, item 3). (3) Cmmercial banks in the U.S. (reprt in Schedule RC-E, item 4). (4) Other depsitry institutins in the U.S. (reprt in Schedule RC-E, item 5). (5) Banks in freign cuntries (reprt in Schedule RC-E, item 7 n the FFIEC 034; item 6 n the FFIEC 031, 032, and 033). 2 Depsits f U.S. Gvernment. Reprt in the apprpriate clumn all depsits f federal public funds made by r fr the accunt f the United States r sme department, bureau, r fficial theref. Include in this item: (1) U.S. Treasury Tax and Lan Accunts, including depsits f federal incme tax withheld frm emplyee salaries, frm interest and dividend payments, and frm FFIEC 031, 032, 033, and 034 RC-E-6

7 Item N. Captin and Instructins 2 distributins r payments frm pensins, annuities, and ther deferred incme (cnt.) including IRAs; scial security tax depsits and ther federal tax payments; and the prceeds frm sales f U.S. Savings Bnds. NOTE: Only depsits credited t the U.S. Treasury Tax and Lan demand depsit accunts that represent funds received as f the clse f business f the "current" day shuld be reprted as Treasury Tax and Lan Demand Depsits. (The "current" day's depsits shuld reflect thse depsits n the bank's bks standing t the credit f the U.S. Treasury's Tax and Lan Accunt as f the reprt date.) Funds credited t Tax and Lan Demand Depsit Accunts as f the clse f business n previus days shuld already have been remitted t the Federal Reserve Bank (and thus excluded frm this reprt) r autmatically cnverted int pen-ended interest-bearing ntes (t be reprted in Schedule RC, item 15.a), depending n the ptin selected by the reprting institutin. (2) Depsits standing t the credit f certain quasi-gvernmental institutins when the reprting bank has been designated by the U.S. Treasury as a depsitry fr such funds. (3) Depsits f the U.S. Pstal Service and lcal pst ffices. Exclude frm this item depsits f U.S. Gvernment agencies and instrumentalities. (Such depsits are t be reprted in Schedule RC-E, item 1 abve.) 3 Depsits f states and plitical subdivisins in the U.S. Reprt in the apprpriate clumn all depsits standing t the credit f states, cunties, municipalities, and lcal husing authrities; schl, irrigatin, drainage, and reclamatin districts; r ther instrumentalities f ne r mre states f the United States, the District f Clumbia, Puert Ric, and U.S. territries and pssessins. Als include depsits f funds advanced t states and plitical subdivisins by U.S. Gvernment agencies and crpratins and depsits f withheld incme taxes f states and plitical subdivisins. 4 Depsits f cmmercial banks in the U.S. Reprt in the apprpriate clumn all depsits f cmmercial banks lcated in the U.S. Cmmercial banks in the U.S. cver: (1) U.S. branches and agencies f freign banks; (2) all ther cmmercial banks in the U.S., i.e., U.S. branches f U.S. banks. Refer t the Glssary entry fr "banks, U.S. and freign" fr further discussin f these terms. Fr purpses f these reprts, U.S. branches and agencies f freign banks include U.S. branches and agencies f freign fficial banking institutins and investment cmpanies that are chartered under Article XII f the New Yrk State banking law and that are majrity-wned by ne r mre freign banks. FFIEC 031, 032, 033, and 034 RC-E-7

8 Item N. Captin and Instructins 4 Fr the apprpriate treatment f depsits f depsitry institutins fr which the reprting (cnt.) bank is serving as a pass-thrugh agent fr federal required reserves, see the Glssary entry fr "pass-thrugh reserve balances." Exclude frm this item depsits f the fllwing depsitry institutins: (1) Building r savings and lan assciatins, hmestead assciatins, cperative banks, credit unins, and mutual r stck savings banks (reprt in Schedule RC-E, item 5 belw). (2) Banks in freign cuntries (n the FFIEC 034, reprt in Schedule RC-E, item 7 belw; n the FFIEC 031, 032, and 033, reprt in Schedule RC-E, item 6 belw). (See the Glssary entry fr "banks, U.S. and freign" fr the definitin f this term.) (3) On the FFIEC 031, IBFs (reprt in part II f Schedule RC-E). 5 Depsits f ther depsitry institutins in the U.S. Reprt in the apprpriate clumn all depsits f depsitry institutins in the U.S. ther than cmmercial banks. Refer t the Glssary entry fr "depsitry institutins in the U.S." fr a cmplete discussin f this term. Include depsits f the fllwing: (1) building r savings and lan assciatins, hmestead assciatins, and cperative banks; (2) mutual and stck savings banks; and (3) credit unins. Fr the apprpriate treatment f depsits f depsitry institutins fr which the reprting bank is serving as a pass-thrugh agent fr federal required reserves, see the Glssary entry fr "pass-thrugh reserve balances." FFIEC 031, 032, FFIEC 034 and 033 Item N. Item N. Captin and Instructins 6 - Certified and fficial checks. Reprt the fllwing: (1) Unpaid depsitrs' checks that have been certified. (2) Cashiers' checks, mney rders, and ther fficers' checks issued fr any purpse including thse issued in payment fr services, dividends, r purchases that are drawn n the reprting bank by any f its duly authrized fficers and that are utstanding n the reprt date. FFIEC 031, 032, 033, and 034 RC-E-8

9 FFIEC 031, 032, FFIEC 034 and 033 Item N. Item N. Captin and Instructins 6 - (3) Funds received r held in cnnectin with checks r drafts drawn by the (cnt.) reprting bank and drawn n, r payable at r thrugh, anther depsitry institutin either n a zer-balance accunt r n an accunt that is nt rutinely maintained with sufficient balances t cver checks drawn in the nrmal curse f business (including accunts where funds are remitted by the reprting bank nly when it has been advised that the checks r drafts have been presented). (4) Funds received r held in cnnectin with traveler's checks and mney rders sld (but nt drawn) by the reprting bank, until the prceeds f the sale are remitted t anther party, and funds received r held in cnnectin with ther such checks used (but nt drawn) by the reprting bank, until the amunt f the checks is remitted t anther party. (5) Checks drawn by the reprting bank n, r payable at r thrugh, a Federal Reserve Bank r a Federal Hme Lan Bank. (6) Outstanding travelers' checks, travelers' letters f credit and ther letters f credit (less any utstanding drafts accepted thereunder) sld fr cash r its equivalent by the reprting bank r its agents. (7) Outstanding drafts and bills f exchange accepted by the reprting bank r its agents fr mney r its equivalent, including drafts accepted against a letter f credit issued fr mney r its equivalent. - 6 Depsits f banks in freign cuntries. Reprt in the apprpriate clumn all depsits f banks lcated in freign cuntries. Banks in freign cuntries cver: (1) freign-dmiciled branches f ther U.S. banks; and (2) freign-dmiciled branches f freign banks. See the Glssary entry fr "banks, U.S. and freign" fr further discussin f these terms. Exclude frm this item depsits f freign fficial institutins and freign central banks (t be reprted in Schedule RC-E, item 7 belw) and depsits f U.S. branches and agencies f freign banks and New Yrk State investment cmpanies (t be reprted in Schedule RC-E, item 4 abve). Fr the apprpriate treatment f depsits f depsitry institutins fr which the reprting bank is serving as a pass-thrugh agent fr federal required reserves, see the Glssary entry fr "pass-thrugh reserve balances." FFIEC 031, 032, 033, and 034 RC-E-9

10 FFIEC 031, 032, FFIEC 034 and 033 Item N. Item N. Captin and Instructins 7 - Depsits f banks in freign cuntries, freign gvernments, and freign fficial institutins. Reprt in the apprpriate clumn all depsits f banks lcated in freign cuntries and f freign gvernments and fficial institutins (including freign central banks). Banks in freign cuntries cver (1) freign-dmiciled branches f ther U.S. banks and (2) freign-dmiciled branches f freign banks. See the Glssary entry fr "banks, U.S. and freign" fr further discussin f these terms. Refer t the Glssary entry fr "freign gvernments and fficial institutins" fr the definitin f this term. Exclude frm this item depsits f: (1) U.S. branches and agencies f freign banks and f freign fficial banking institutins (reprt in Schedule RC-E, item 4 abve). (2) New Yrk State investment cmpanies (chartered under Article XII f the New Yrk State Banking Cde) that perfrm a banking business and that are majrity-wned by ne r mre freign banks (reprt in Schedule RC-E, item 4 abve). (3) Freign gvernment-wned nnbank cmmercial and industrial enterprises (reprt in Schedule RC-E, item 1 abve). - 7 Depsits f freign gvernments and fficial institutins. Reprt in the apprpriate clumns all depsits f freign gvernments and fficial institutins. (See the Glssary entry fr "freign gvernments and fficial institutins" fr the definitin f this term.) Exclude frm this item depsits f: (1) U.S. branches and agencies f freign fficial banking institutins (reprt in Schedule RC-E, item 4 abve). (2) Natinalized banks and ther banking institutins that are wned by freign gvernments and that d nt functin as central banks, banks f issue, r develpment banks (reprt in Schedule RC-E, item 6 abve). (3) Freign gvernment-wned nnbank cmmercial and industrial enterprises (reprt in Schedule RC-E, item 1 abve). FFIEC 031, 032, 033, and 034 RC-E-10

11 FFIEC 031, 032, FFIEC 034 and 033 Item N. Item N. Captin and Instructins - 8 Certified and fficial checks. Reprt the fllwing: (1) Unpaid depsitrs' checks that have been certified. (2) Cashiers' checks, mney rders, and ther fficers' checks issued fr any purpse including thse issued in payment fr services, dividends, r purchases that are drawn n the reprting bank by any f its duly authrized fficers and that are utstanding n the reprt date. (3) Funds received r held in cnnectin with checks r drafts drawn by the reprting bank and drawn n, r payable at r thrugh, anther depsitry institutin either n a zer-balance accunt r n an accunt that is nt rutinely maintained with sufficient balances t cver checks drawn in the nrmal curse f business (including accunts where funds are remitted by the reprting bank nly when it has been advised that the checks r drafts have been presented). (4) Funds received r held in cnnectin with traveler's checks and mney rders sld (but nt drawn) by the reprting bank, until the prceeds f the sale are remitted t anther party, and funds received r held in cnnectin with ther such checks used (but nt drawn) by the reprting bank, until the amunt f the checks is remitted t anther party. (5) Checks drawn by the reprting bank n, r payable at r thrugh, a Federal Reserve Bank r a Federal Hme Lan Bank. (6) Outstanding travelers' checks, travelers' letters f credit and ther letters f credit (less any utstanding drafts accepted thereunder) sld fr cash r its equivalent by the reprting bank r its agents. (7) Outstanding drafts and bills f exchange accepted by the reprting bank r its agents fr mney r its equivalent, including drafts accepted against a letter f credit issued fr mney r its equivalent. (8) On the FFIEC 031, checks r drafts drawn by, r n behalf f, a nn-u.s. ffice f the reprting bank n an accunt maintained at a U.S. ffice f the reprting bank. Such drafts are, fr Reprt f Cnditin and federal depsit insurance assessment purpses, the same as fficers' checks. This wuld include "Lndn checks," "Eurdllar bills payable checks," and any ther credit items that the dmestic bank issues in cnnectin with such transactins. 8 9 Ttal. On the FFIEC 034, reprt in each clumn the sum f items 1 thrugh 7 abve. On the FFIEC 031, 032, and 033, reprt in each clumn the sum f items 1 thrugh 8 abve. The sum f clumns A and C f this item must equal Schedule RC, item 13.a, "Depsits in dmestic ffices." FFIEC 031, 032, 033, and 034 RC-E-11

12 Memranda Item N. Captin and Instructins 1 Selected cmpnents f ttal depsits. The amunts t be reprted in Memrandum items 1.a thrugh 1.e belw are included as cmpnents f ttal depsits (in dmestic ffices) (n the FFIEC 034, Schedule RC-E, sum f item 8, clumns A and C; n the FFIEC 031, 032, and 033, Schedule RC-E, sum f item 9, clumns A and C). 1.a Ttal Individual Retirement Accunts (IRAs) and Kegh Plan accunts. Reprt in this Memrandum item the ttal f all IRA and Kegh Plan depsits included in ttal depsits (in dmestic ffices) (n the FFIEC 034, Schedule RC-E, sum f item 8, clumns A and C; n the FFIEC 031, 032, and 033, Schedule RC-E, sum f item 9, clumns A and C). 1.b Ttal brkered depsits. Reprt in this Memrandum item the ttal f all brkered depsits included in ttal depsits (in dmestic ffices) (n the FFIEC 034, Schedule RC-E, sum f item 8, clumns A and C; n the FFIEC 031, 032, and 033, Schedule RC-E, sum f item 9, clumns A and C), regardless f size r type f depsit instrument. (See the Glssary entry fr "brkered depsits" fr the definitin f this term.) 1.c Fully insured brkered depsits. Reprt in the apprpriate subitem all fully insured brkered depsits (as defined in the Glssary entry fr "brkered depsits") included in Schedule RC-E, Memrandum item 1.b abve. 1.c.(1) Issued in denminatins f less than $100,000. Reprt in this item thse brkered depsits issued by the bank in denminatins f less than $100, c.(2) Issued either in denminatins f $100,000 r in denminatins greater than $100,000 and participated ut by the brker in shares f $100,000 r less. Reprt in this item: (1) thse brkered depsits issued by the bank in denminatins f exactly $100,000; and (2) thse brkered depsits issued by the bank in denminatins greater than $100,000 that have been participated ut by the brker in shares f $100,000 r less. 1.d Maturity data fr brkered depsits. Reprt in the apprpriate subitem the indicated maturity data fr brkered depsits (as defined in the Glssary entry fr "brkered depsits"). 1.d.(1) 1.d.(2) Brkered depsits issued in denminatins f less than $100,000 with a remaining maturity f ne year r less. Reprt in this item thse brkered depsits issued by the bank in denminatins f less than $100,000 with a remaining maturity f ne year r less. Remaining maturity is the amunt f time remaining frm the reprt date until the final cntractual maturity f a brkered depsit. The brkered depsits included in this item will have been reprted in Schedule RC-E, Memrandum item 1.c.(1) abve. Brkered depsits issued in denminatins f $100,000 r mre with a remaining maturity f ne year r less. Reprt in this item thse brkered depsits issued by the bank in denminatins f $100,000 r mre with a remaining maturity f ne year r less. Remaining maturity is the amunt f time remaining frm the reprt date until the final cntractual maturity f a brkered depsit. The brkered depsits included in this item will have been reprted in Schedule RC-E, Memrandum item 1.b abve. FFIEC 031, 032, 033, and 034 RC-E-12

13 Memranda Item N. Captin and Instructins 1.e Preferred depsits. Reprt in this item all depsits f states and plitical subdivisins in the U.S. included in Schedule RC-E, item 3, clumns A and C abve, which are secured r cllateralized as required under state law. Exclude depsits f the U.S. Gvernment which are secured r cllateralized as required under federal law. Als exclude depsits f trust funds which are secured r cllateralized as required under state law unless the beneficiary is a state r plitical subdivisin in the U.S. The amunt reprted in this memrandum item must be less than the sum f Schedule RC-E, item 3, clumn A, and item 3, clumn C, abve. State law may require a bank t pledge securities (r ther readily marketable assets) t cver the uninsured prtin f the depsits f a state r plitical subdivisin. If the bank has pledged securities with a value that exceeds the amunt f the uninsured prtin f the state r plitical subdivisin's depsits, nly the uninsured amunt (and nne f the insured prtin f the depsits) shuld be reprted as a "preferred depsit." Fr example, a plitical subdivisin has $350,000 in depsits at a bank which, under state law, is required t pledge securities t cver nly the uninsured prtin f such depsits ($250,000 in this example). The bank has pledged securities with a value f $300,000 t secure these depsits. Only $250,000 f the plitical subdivisin's $350,000 in depsits (the uninsured amunt) wuld be cnsidered "preferred depsits." In ther states, banks must participate in a state public depsits prgram in rder t receive depsits frm the state r frm plitical subdivisins within the state in amunts that wuld nt be cvered by federal depsit insurance. Under state law in such states, the value f the securities a bank must pledge t the state is calculated annually, but represents nly a percentage f the uninsured prtin f its public depsits. Institutins participating in the state prgram may ptentially be required t share in any lss t public depsitrs incurred in the failure f anther participating institutin. As lng as the value f the securities pledged t the state exceeds the calculated requirement, all f the bank's uninsured public depsits are prtected frm lss under the peratin f the state prgram if the bank fails and, therefre, all f the uninsured public depsits are cnsidered "preferred depsits." Fr example, a bank participating in a state public depsits prgram has $1,000,000 in public depsits under the prgram and $700,000 f this amunt is uninsured. The bank's mst recent calculatin indicates that it must pledge securities with a value f at least $77,000 t the state in rder t participate in the state prgram. The bank has pledged securities with an actual value f $80,000. The bank shuld reprt the $700,000 in uninsured public depsits as "preferred depsits" in the Call Reprt. 2 Cmpnents f ttal nntransactin accunts. Memrandum item 2 divides ttal nntransactin accunts int tw majr categries, savings depsits (Memrandum items 2.a.(1) and 2.a.(2)) and time depsits (Memrandum items 2.b and 2.c). The sum f Memrandum items 2.a.(1) and 2.a.(2) equals ttal savings depsits. The sum f Memrandum items 2.b and 2.c equals ttal time depsits. The sum f Memrandum items 2.a.(1) and 2.a.(2) (savings depsits) and Memrandum items 2.b and 2.c (time depsits) equals ttal nntransactin depsits reprted n the FFIEC 034 in item 8, clumn C, abve, and n the FFIEC 031, 032, and 033 in item 9, clumn C, abve. FFIEC 031, 032, 033, and 034 RC-E-13

14 Memranda Item N. Captin and Instructins 2 Include as time depsits in Memrandum items 2.b and 2.c: (cnt.) (1) All time depsits (as defined in the Glssary entry fr "depsits") with riginal maturities f seven days r mre that are nt classified as transactin accunts. (2) Interest paid by crediting time depsit accunts. 2.a Savings depsits. Reprt in the apprpriate subitem all savings depsits included in clumn C abve. See the Glssary entry fr "depsits" fr the definitin f savings depsits. Include as savings depsits in Memrandum items 2.a.(1) and 2.a.(2) interest paid by crediting savings depsit accunts. Exclude frm Memrandum items 2.a.(1) and 2.a.(2): (1) NOW accunts, ATS accunts, and telephne r preauthrized transfer accunts that meet the definitin f a transactin accunt (reprt in Schedule RC-E, clumn A as transactin accunts). (2) Special passbk r statement accunts, such as "90-day ntice accunts," "glden passbk accunts," r depsits labeled as "savings certificates," that have a specified riginal maturity f seven days r mre (reprt as time depsits in Schedule RC-E, Memrandum item 2.b r 2.c belw). (3) Interest accrued n savings depsits but nt yet paid r credited t a depsit accunt (exclude frm this schedule and reprt in Schedule RC-G, item 1.a, "Interest accrued and unpaid n depsits (in dmestic ffices)"). 2.a.(1) 2.a.(2) Mney market depsit accunts (MMDAs). Reprt in this item the ttal amunt f all mney market depsit accunts (MMDAs) that are included in Schedule RC-E, clumn C abve. See the Glssary entry fr "depsits" fr the definitin f mney market depsit accunts. Other savings depsits. Reprt in this item the ttal amunt f all ther savings depsits that are included in Schedule RC-E, clumn C abve. This item includes thse accunts cmmnly knwn as passbk savings and statement savings. See the Glssary entry fr "depsits" fr the definitin f ther savings depsits. 2.b Ttal time depsits f less than $100,000. Reprt in this item all time depsits included in Schedule RC-E, clumn C abve with balances f less than $100,000. This item includes bth time certificates f depsit and pen-accunt time depsits with balances f less than $100,000, regardless f negtiability r transferability. Exclude frm this item all time depsits with balances f $100,000 r mre (reprt in Schedule RC-E, Memrandum item 2.c belw). FFIEC 031, 032, 033, and 034 RC-E-14

15 Memranda Item N. Captin and Instructins 2.c Ttal time depsits f $100,000 r mre. Reprt in this item all time depsits included in Schedule RC-E, clumn C abve with balances f $100,000 r mre. This item includes bth time certificates f depsit and pen-accunt time depsits with balances f $100,000 r mre, regardless f negtiability r transferability. Include in this item brkered depsits issued t brkers r dealers in the frm f large ($100,000 r mre) certificates f depsit, regardless f whether the underlying depsitrs' shares are in denminatins f less than $100,000. Exclude frm this item time depsits with balances f less than $100,000 (reprt in Schedule RC-E, Memrandum item 2.b abve). NOTE: Banks shuld include as time depsits f $100,000 r mre thse time depsits riginally issued in denminatins f less than $100,000 but that, because f interest paid r credited, r because f additinal depsits, nw have a balance f $100,000 r mre. 3 All NOW accunts. Reprt in this item the utstanding balances f all NOW accunts that are included in clumn A f Schedule RC-E abve. (See the Glssary entry fr "depsits" fr the definitin f NOW accunts.) 4 Nt applicable. 5 Maturity and repricing data fr time depsits f less than $100,000. Reprt in the apprpriate subitem maturity and repricing data fr the bank's time depsits f less than $100,000, i.e., the bank's time certificates f depsit f less than $100,000 and the bank's pen-accunt time depsits f less than $100,000. The time depsits included in this item will have been reprted in Schedule RC-E, Memrandum item 2.b abve. Therefre, the sum f the amunts reprted in Schedule RC-E, Memrandum items 5.a.(1) thrugh 5.a.(4) must equal Schedule RC-E, Memrandum item 2.b abve. Fr purpses f this memrandum item and Schedule RC-E, Memrandum item 6, the fllwing definitins apply: A fixed interest rate is a rate that is specified at the riginatin f the transactin, is fixed and invariable during the term f the time depsit, and is knwn t bth the bank and the depsitr. Als treated as a fixed interest rate is a predetermined interest rate which is a rate that changes during the term f the time depsit n a predetermined basis, with the exact rate f interest ver the life f the time depsit knwn with certainty t bth the bank and the depsitr when the time depsit is acquired. A flating rate is a rate that varies, r can vary, in relatin t an index, t sme ther interest rate such as the rate n certain U.S. Gvernment securities r the bank's "prime rate," r t sme ther variable criterin the exact value f which cannt be knwn in advance. Therefre, the exact rate the time depsit carries at any subsequent time cannt be knwn at the time the time depsit is received by the bank r subsequently renewed. When the rate n a time depsit with a flating rate has reached a cntractual flr r ceiling level, the time depsit is t be treated as "fixed rate" rather than as "flating rate" until the rate is again free t flat. Remaining maturity is the amunt f time remaining frm the reprt date until the final cntractual maturity f a time depsit. FFIEC 031, 032, 033, and 034 RC-E-15

16 Memranda Item N. Captin and Instructins 5 Repricing frequency is hw ften the cntract permits the interest rate n a flating rate (cnt.) time depsit t be changed (e.g., daily, mnthly, quarterly, semiannually, annually) withut regard t the length f time between the reprt date and the date the rate can next change r the maturity date. Time depsits held in Individual Retirement Accunts (IRAs) and Kegh Plan accunts shuld be reprted withut regard t distributin schedules that may be in effect fr funds held in certain depsitrs' accunts. Such time depsits shuld be reprted in this Memrandum item and in Schedule RC-E, Memrandum item 6, in the same manner as time depsits nt held in IRAs and Kegh Plan accunts. Nninterest-bearing time depsits shuld be treated as fixed rate time depsits and reprted accrding t the amunt f time remaining t final cntractual maturity in this Memrandum item and in Schedule RC-E, Memrandum item 6. Fixed rate time depsits that are callable at the ptin f the issuing bank shuld be reprted accrding t their remaining maturity withut regard t their next call date unless the time depsit has actually been called. When fixed rate time depsits have been called, they shuld be reprted n the basis f the time remaining until the call date. Callable flating rate time depsits shuld be reprted n the basis f their repricing frequency withut regard t their next call date even if the time depsit has actually been called. Fixed rate time depsits that prvide depsitrs with the ptin t redeem them at ne r mre specified dates prir t their cntractual maturity date withut penalty shuld be reprted accrding t their remaining maturity withut regard t "put" dates. If the redemptin ptin has been exercised, hwever, such depsits shuld be reprted n the basis f the time remaining until the date n which the time depsit will be redeemed. Flating rate time depsits that prvide depsitrs with redemptin ptins withut penalty shuld be reprted n the basis f their repricing frequency withut regard t "put" dates. 5.a Time depsits f less than $100,000 with a remaining maturity r repricing frequency f. Reprt the dllar amunt f the bank's fixed rate time depsits f less than $100,000 in the apprpriate subitems accrding t the amunt f time remaining t their final cntractual maturities. Als reprt the dllar amunt f the bank's flating rate time depsits f less than $100,000 in the apprpriate subitems accrding t their repricing frequencies, that is, hw ften the cntract permits the interest rates n the certificates f depsit t be changed (e.g., daily, mnthly, quarterly, semiannually, annually) withut regard t the length f time between the reprt date and the dates the rates can next change r maturity dates. 5.a.(1) Three mnths r less. Reprt the dllar amunt f: the bank's fixed rate time depsits f less than $100,000 with remaining maturities f three mnths r less, and the bank's flating rate time depsits f less than $100,000 which can be repriced quarterly r mre frequently (e.g., quarterly, mnthly, weekly, daily). FFIEC 031, 032, 033, and 034 RC-E-16

17 Memranda Item N. 5.a.(2) Captin and Instructins Over three mnths thrugh 12 mnths. Reprt the dllar amunt f: the bank's fixed rate time depsits f less than $100,000 with remaining maturities f ver three mnths thrugh 12 mnths, and the bank's flating rate time depsits f less than $100,000 which can be repriced annually r mre frequently, but less frequently than quarterly (e.g., annually, semiannually). 5.a.(3) Over ne year thrugh three years. Reprt the dllar amunt f: the bank's fixed rate time depsits f less than $100,000 with remaining maturities f ver ne year thrugh three years, and the bank's flating rate time depsits f less than $100,000 which can be repriced every three years r mre frequently, but less frequently than annually (e.g., every three years, every 2 years). 5.a.(4) Over three years. Reprt the dllar amunt f: the bank's fixed rate time depsits f less than $100,000 with remaining maturities f ver three years, and the bank's flating rate time depsits f less than $100,000 which can be repriced less frequently than every three years (e.g., every five years, every fur years). 5.b Fixed rate and flating rate time depsits f less than $100,000 with a remaining maturity f ne year r less. Reprt all time depsits f less than $100,000 with a remaining maturity f ne year r less. Include bth fixed rate and flating rate time depsits f less than $100,000. The fixed rate time depsits that shuld be included in this item will als have been reprted by remaining maturity in Schedule RC-E, Memrandum items 5.a.(1) and 5.a.(2) abve. The flating rate time depsits that shuld be included in this item will have been reprted by repricing frequency in Memrandum items 5.a.(1) thrugh 5.a.(4) abve. Hwever, Memrandum items 5.a.(1) and 5.a.(2) abve include flating rate time depsits with a remaining maturity f mre than ne year, but with a repricing frequency f ne year r less; thse time depsits shuld nt be included in this Memrandum item 5.b. 6 Maturity and repricing data fr time depsits f $100,000 r mre. Reprt in the apprpriate subitem maturity and repricing data fr the bank's time depsits f $100,000 r mre, i.e., the bank's time certificates f depsit f $100,000 r mre and the bank's pen-accunt time depsits f $100,000 r mre. The time depsits included in this item will have been reprted in Schedule RC-E, Memrandum item 2.c abve. Therefre, the sum f the amunts reprted in Schedule RC-E, Memrandum items 6.a.(1) thrugh 6.a.(4) must equal Schedule RC-E, Memrandum item 2.c abve. Refer t the definitins and ther instructins abut time depsits in Schedule RC-E, Memrandum item 5 abve. FFIEC 031, 032, 033, and 034 RC-E-17

18 Memranda Item N. Captin and Instructins 6.a Time depsits f $100,000 r mre with a remaining maturity r repricing frequency f. Reprt the dllar amunt f the bank's fixed rate time depsits f $100,000 r mre in the apprpriate subitems accrding t the amunt f time remaining t their final cntractual maturities. Als reprt the dllar amunt f the bank's flating rate time depsits f $100,000 r mre in the apprpriate subitems accrding t their repricing frequencies, that is, hw ften the cntract permits the interest rates n the certificates f depsit t be changed (e.g., daily, mnthly, quarterly, semiannually, annually) withut regard t the length f time between the reprt date and the dates the rates can next change r maturity dates. 6.a.(1) Three mnths r less. Reprt the dllar amunt f: the bank's fixed rate time depsits f $100,000 r mre with remaining maturities f three mnths r less, and the bank's flating rate time depsits f $100,000 r mre which can be repriced quarterly r mre frequently (e.g., quarterly, mnthly, weekly, daily). 6.a.(2) Over three mnths thrugh 12 mnths. Reprt the dllar amunt f: the bank's fixed rate time depsits f $100,000 r mre with remaining maturities f ver three mnths thrugh 12 mnths, and the bank's flating rate time depsits f $100,000 r mre which can be repriced annually r mre frequently, but less frequently than quarterly (e.g., annually, semiannually). 6.a.(3) Over ne year thrugh three years. Reprt the dllar amunt f: the bank's fixed rate time depsits f $100,000 r mre with remaining maturities f ver ne year thrugh three years, and the bank's flating rate time depsits f $100,000 r mre which can be repriced every three years r mre frequently, but less frequently than annually (e.g., every three years, every 2 years). 6.a.(4) Over three years. Reprt the dllar amunt f: the bank's fixed rate time depsits f $100,000 r mre with remaining maturities f ver three years, and the bank's flating rate time depsits f $100,000 r mre which can be repriced less frequently than every three years (e.g., every five years, every fur years). FFIEC 031, 032, 033, and 034 RC-E-18

19 Memranda Item N. Captin and Instructins 6.b Fixed rate and flating rate time depsits f $100,000 r mre with a remaining maturity f ne year r less. Reprt all time depsits f $100,000 r mre with a remaining maturity f ne year r less. Include bth fixed rate and flating rate time depsits f $100,000 r mre. The fixed rate time depsits that shuld be included in this item will als have been reprted by remaining maturity in Schedule RC-E, Memrandum items 6.a.(1) and 6.a.(2) abve. The flating rate time depsits that shuld be included in this item will have been reprted by repricing frequency in Memrandum items 6.a.(1) thrugh 6.a.(4) abve. Hwever, Memrandum items 6.a.(1) and 6.a.(2) abve include flating rate time depsits with a remaining maturity f mre than ne year, but with a repricing frequency f ne year r less; thse time depsits shuld nt be included in this Memrandum item 6.b. FFIEC 031, 032, 033, and 034 RC-E-19

20 Schedule RC-E, Part II. Depsits in Freign Offices (FFIEC 031 nly) Part II f Schedule RC-E is nt applicable t banks filing the FFIEC 032, 033, and 034 reprt frms. Fr purpses f this reprt, IBFs are t be treated as freign ffices and their depsit liabilities shuld be reprted nly in Schedule RC-E, part II. Als included in this part are depsits f all ffices f Edge and Agreement subsidiaries and depsits f ffices in freign cuntries. The definitin f depsits in Schedule RC-E, part I, will apply directly t depsits f branches in Puert Ric and U.S. territries and pssessins and t the dmestic ffices f Edge and Agreement subsidiaries. Hwever, fr all ther "freign ffices," the definitin f depsits in Schedule RC-E, part I, must be adjusted fr any differences in statutry and regulatry requirements and in institutinal practices in freign cuntries. Fr these ther freign ffices include as depsits: (1) Liabilities readily identifiable as depsits because f name r definitin. (2) All freign ffice liabilities identical t thse described fr dmestic ffices that have different names in different cuntries. (3) Liabilities that, wing t law, custm, r banking practice in freign cuntries, have characteristics similar t thse defined fr Schedule RC-E, part I. (4) Any ther freign ffice liability that is treated as a depsit by the laws, lcal custm, r banking practice f the cuntry in which it is bked. Reprt any nndepsit brrwing f an ffice in a freign cuntry as a brrwing in Schedule RC, item 16, "Other brrwed mney," r in ther items, as apprpriate. When it is nt clear whether a liability in a freign ffice shuld be treated as a depsit r as a brrwing, treat it as a depsit. Reprt all depsits in IBFs in Schedule RC-E, part II, whether in the frm f depsits, brrwings, placements, r similar instruments. Exclude IBF liabilities in the frm f federal funds purchased and securities sld under agreements t repurchase (reprt in Schedule RC, item 14) and in the frm f accrued liabilities, such as interest accrued but unpaid (reprt in Schedule RC, item 20). Fr a discussin f depsits in freign ffices, see the Glssary entry fr "brrwings and depsits in freign ffices." Reciprcal balances between freign ffices f the reprting bank and ther depsitry institutins may be reprted n a net basis when a right f setff exists. See the Glssary entry fr "ffsetting" fr the cnditins that must be met fr a right f setff t exist. FFIEC 031, 032, 033, and 034 RC-E-21

21 Part II. Depsits in Freign Offices (cnt.) Item Instructins Item N. Captin and Instructins 1 Depsits f individuals, partnerships, and crpratins. Reprt all balances in freign ffices standing t the credit f individuals, partnerships, and crpratins (as defined fr Schedule RC-E, part I, item 1). 2 Depsits f U.S. banks (including IBFs and freign ffices f U.S. banks). Reprt all depsit balances in freign ffices f the reprting bank standing t the credit f banks headquartered and chartered in the United States. Include bth U.S. and nn-u.s. branches f U.S. cmmercial banks and IBFs established by U.S. cmmercial banks. Exclude U.S. branches and agencies f freign banks and IBFs established by such branches and agencies. (See the Glssary entry fr "banks, U.S. and freign" fr the definitin f U.S. banks.) 3 Depsits f freign banks (including U.S. branches and agencies f freign banks, including their IBFs). Reprt all balances in freign ffices f the reprting bank standing t the credit f banks headquartered and chartered in freign cuntries. Include bth U.S. and nn-u.s. branches f freign banks and IBFs established by U.S. branches and agencies f freign banks. Exclude freign ffices f U.S. banks. (See the Glssary entry fr "banks, U.S. and freign" fr the definitin f freign banks.) 4 Depsits f freign gvernments and fficial institutins. Reprt all balances in freign ffices standing t the credit f freign gvernments and fficial institutins, including freign central banks. (See the Glssary entry fr "freign gvernments and fficial institutins" fr the definitin f this term.) 5 Certified and fficial checks. Reprt all certified and fficial checks issued by freign ffices f the reprting bank (as defined fr Schedule RC-E, part I, item 8). Als reprt all ther liabilities that, wing t law, custm, r banking practice in freign cuntries, have characteristics similar t thse specified fr dmestic ffices. 6 All ther depsits. Reprt all balances in freign ffices standing t the credit f the U.S. Gvernment, states and plitical subdivisins in the U.S., and depsitry institutins in the U.S. ther than cmmercial banks (as defined fr Schedule RC-E, part I, items 2, 3, and 5). 7 Ttal. Reprt the sum f items 1 thrugh 6. This item must equal Schedule RC, item 13.b, "Depsits in freign ffices, Edge and Agreement subsidiaries, and IBFs." Memrandum Item N. Captin and Instructins 1 Time depsits with a remaining maturity f ne year r less. Reprt all time depsits in freign ffices with remaining maturities f ne year r less. Remaining maturity is the amunt f time remaining frm the reprt date until the final cntractual maturity f a time depsit. The time depsits included in this item will als have been reprted in Schedule RC-E, Part II, item 7 abve. FFIEC 031, 032, 033, and 034 RC-E-22