Data Dictionary
Item Number 4313
ESTIMATED INCOME ON TAX-EXEMPT LOANS AND LEASES TO STATES AND POLITICAL SUBDIVISIONS IN THE U.S.Call confidentiality applies to FFIEC 031/041.
| Series | Start Date | End Date | Confidential? | Reporting Forms |
|---|---|---|---|---|
| BAGQ4313 | 1984-03-31 | 9999-12-31 | No | |
| BAGY4313 | 1984-03-31 | 9999-12-31 | No | |
| BHCK4313 | 2001-03-31 | 9999-12-31 | No | FR Y-9C |
| RIAD4313 | 1984-03-31 | 9999-12-31 | No | Multiple Forms |
Data Description:
NOTE:
Beginning 3/31/01, for the FFIEC 031 report, this income will have been included in Schedule RI-Income Statement, item 1.a.(a)(f), Interest and fee income on "All other loans in domestic offices."
Reported on Schedule RI-Income Statement for the FFIEC 031 and 041 reports.
Reported on Schedule RI - Income Statement for the FFIEC 034 report.
Reported is the bank's best estimate of the income earned (1) on tax-exempt loans reportable in Schedule RC-C, "Obligations (other than securities and leases) to states and political subdivisions in the U.S., (2107)" which is included in "Interest and Fee Income on Loans (4010)" and (2) on tax-exempt leases to states and political subdivisions in the U.S. reportable in Schedule RC-C, "Lease Financing Receivables (Net of Unearned Income) (2165)", which is included in "Income from Lease Financing Receivables (4065)".
Tax-exempt loans and leases are those loans and leases to states and political subdivisions in the U.S. whose income is excludable from gross income for federal income tax purposes, regardless of whether the income from the loan or lease must be included in the bank's alternative minimum taxable income and regardless of the federal income tax treatment of the interest expense incurred to carry the loan or lease.
Beginning 3/31/01, for the FFIEC 041 report, this income will have been included in Schedule RI-Income Statement, item 1.a.(5), Interest and fee income on "All other loans" (except that, for banks with total assets of less than $25 million for report dates during 2001, this income will have been included in Schedule RI-Income Statement, item 1.a.(6), "Total interest and fee income on loans").
COMPARABILITY:
Beginning 3/31/01, reported on Schedule HI for the FR Y-9C (BHCK) report. Report the bank holding company's best estimate of the income from all tax-exempt loans and leases extended to states and political subdivisions in the U.S. that in included in items 4519 and 4592.
BAGQ Original Variable name: ITXLNSQT Formula:
ITXLNSQT=IF DT ge 19840331 Then ITXLNSQT=RIAD4313/1000;
BAGY Original Variable name: ITXLNSYD Formula:
ITXLNSYD=IF DT ge 19840331 Then ITXLNSYD=RIAD4313/1000;