Board of Governors of the Federal Reserve System

Data Dictionary

Item Number 1350

Call confidentiality applies to FFIEC 031/041.

Data Description:

Includes both federal funds sold and all securities purchased under agreements to resell. Reported as federal funds sold are all transactions involving the disposal of immediately available funds for one business day only or under continuing contract. Includes transactions meeting the above definition that are in the form of the following: (a)   Loans and other extensions of credit, whether secured or unsecured, and whether resulting from credits to deposit balances at Federal Reserve Banks or from credits to new or existing deposit balances due from a correspondent bank; (b)   Purchases of loans or other assets under agreements to resell and similar transactions regardless of the terminology used, where the purpose of the transaction is to resell identical or similar loans or assets; (c)   Purchases of securities under agreements to resell and similar transactions regardless of the terminology used, such as "matched sale purchase" transactions with the trading desk of the Federal Reserve Bank of New York, "buy back" or "turn-arounds", where the purpose of the transaction is to resell identical or similar securities. One day transactions: Transactions made on one business day that mature on the next business day, including those made on Friday to mature on Monday, and those made on the last business day prior to a holiday that mature on the first business day after the holiday. Continuing contracts: Agreements which remain in effect for more than one business day but have no specified maturity and do not require advance notice to terminate. Also includes all other securities purchased under agreements to resell and similar transactions regardless of the maturity of the agreement or the availability of funds and all assets representing purchases of participations in pools of securities. Does not include either collateralized or uncollateralized due bills or other instruments involving agreements to obtain or receive securities at some future date. Such transactions are included in "All Other Loans (2080)". Includes all transactions consistent with the above definitions made to domestic commercial banks, nonbank securities dealers, and other institutions or organizations. Such transactions are reported gross and not netted against purchases of federal funds or sales of securities under agreements to repurchase. Excludes sales of so-called "term federal funds", federal funds sold and securities purchased under agreements to resell and similar transactions in foreign offices of the reporting bank and in foreign offices of the bank's Edge and agreement subsidiaries, resale agreements that mature in more than one business day involving assets other than securities and so-called yield maintenance dollar repurchase agreements. For series BHCK, beginning 3/31/01 reported in Schedule HC-R, report in column A the amount of federal funds sold and securities purchased under agreements to resell reported in Schedule HC, item 3. In column C-0% risk weight, include the portion of Schedule HC, item 3, that is directly and unconditionally guaranteed by U.S. Government agencies or OECD central governments. In column D-20% risk weight, include the amount of federal funds sold and securities resale agreements reported in Schedule HC, item 3, that are not included in columns C and F. In column F 100% risk weight, include claims on non-depository institution counterparties that lack qualifying collateral (refer to the risk based capital guidelines for specific criteria) and claims on non-OECD depository institutions with maturities of over one year. NOTE: Beginning 3/31/02, this item is no longer reported on the FFIEC 031 and 041 reports. Beginning 12/31/01, for the FFIEC 031, RCFN 1350 (RCFD 1350 - RCON 1350) is no longer derived. Beginning 3/31/01, reported on Schedule RC-R Regulatory Capital for the FFIEC 031 and 041 reports. The mnemonic prefixes for the risk weight columns represents the following:    BHC0   = (Column A) 0%    BHC2   = (Column B) 20%    BHC5   = (Column C) 50%    BHC9   = (Column D) 100% For an detailed description of the broad categories of transactions that are assigned to each risk weight category (columns A through D) established by the Risk-Based Guidelines, see the Instructions For Preparation of Reporting Form FR Y-9C Schedule HC-I. If a bank holding company has not established the systems to determine the risk weight(s) applicable for a transaction, it has the option of risk-weighting that transaction at 100%. Reported only by the top-tier bank holding companies with consolidated assets of $150 million or more. Reported on the Balance Sheet for the FR Y-11I (BHCC) report. For the FR Y-9C (BHCK) report, the MDRM reflects data starting for the period of June 30, 1981 archival file. Reported on the Balance Sheet for the FR Y-11Q (BHCS) report. Prior to 7/2/69, not shown separately for W416 series, but included in individual loan items. Prior to 6/30/67, for RCON series, excludes securities purchased under resale agreements which are reported in "Loans for Purchasing or Carrying Securities (1550, 1570)". Prior to 12/31/65, not shown separately for RCON series, but a large portion is included in "Loans to Domestic Commercial and Foreign Banks (1500)" and a small portion in "Loans for Purchasing or Carrying Securities (1550, 1570)." COMPARABILITY: Beginning 3/31/03, the derivation for this item on Schedule RAL for the FFIEC 002 changed to RCFDB987 (D) plus RCFDB989 (D) = RCFD1350 (D); RCFNB987 (D) plus RCFNB989 = RCFN1350 (D). Prior to 3/31/03, reported as a derived item on Schedule RAL for the FFIEC 002 report which includes the sum of items 1360 and 1390. Beginning 3/31/1998, for the FR Y-11Q (BHCS) report, instructions updated to conform with the FR Y-9C report. In the past, such transactions in foreign offices of nonbank subsidiaries were reported in item 4.a as loans. Prior to 3/31/97, reported as a derived item in Schedule RC - Balance Sheet which included the sum of items 0276 and 0277 for the FFIEC 031, 032, 033, and 034 reports. Beginning 3/31/97, reported as a single item in Schedule HC-Consolidated Balance Sheet for the FR Y-9C (BHCK) report. Beginning 6/30/96, for the FR Y-9C (BHCK) report, bank holding companies are now permitted to offset reverse repurchase agreements and repurchase agreements in accordance with FASB Interpretation No. 41 (FIN 41) in determining the asset denominator of their risk-based and leverage capital ratios. Prior to 3/31/95, reported for the FR Y-11Q (BHCQ) report. Beginning 12/31/94, for the FR Y-9C (BHCK) report, for reporting purposes on this schedule (HC-I), securities purchased under agreements to resell must be reported on a gross basis (i.e., cannot be offset by securities sold under agreements to repurchase). For the UBPR series, the FDIC's Data Element name is H-FFSOLD This variable is used by the FDIC and OCC in the process to generate the UBPR in the Central Data Repository (CDR). The Board does NOT store this MDRM within the UBPR series tables in the Board's Financial Data Repository (FDR).