Board of Governors of the Federal Reserve System

The Federal Reserve, the central bank of the United States, provides the nation with a safe, flexible, and stable monetary and financial system.

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Data Dictionary

Item Number 4312

ESTIMATED INCOME ON SECURITIES ISSUED BY STATES AND POLITICAL SUBDIVISIONS

Call confidentiality applies to FFIEC 031/041.

Series	Start Date	End Date	Confidential?	Reporting Forms
RIAD4312	1984-03-31	1985-03-31	No	FFIEC 034

Data Description:

Reported is the bank's best estimate of the income earned on securities reportable in "Securities Issued by States and Political Subdivisions in the U.S. (0402)" that is included in "Interest and Dividend Income on Securities (4218)".

Excludes dividends received on equity securities issued by domestic U.S. corporations, 85 percent of which is treated as a deduction from income for federal income tax purposes.