Board of Governors of the Federal Reserve System

Data Dictionary

Item Number 1600

Call confidentiality applies to FFIEC 031/041.

Data Description:

Includes loans for commercial and industrial purposes to business enterprises (proprietorships, partnerships, and corporations), whether secured or unsecured, single payment or installment. These loans may take the form of direct or purchased loans. Includes the reporting bank's own acceptances that it holds in its portfolio when the account party is a commercial or industrial enterprise. Also includes loans to individuals for commercial, industrial, and professional purposes but not for investment or personal expenditure purposes. Excludes all commercial and industrial loans held in trading accounts. Excludes the following: (1)   All loans secured primarily by real estate, even if for commercial and industrial purposes (reported in "Real Estate Loans (1410)"); (2)   Loans to nondepository financial institutions such as real estate investment trusts, mortgage companies, and insurance companies (reported in "Other Loans (1563)"); (3)   Loans for the purpose of purchasing or carrying securities (reported in "Loans for Purchasing or Carrying Securities (1545)"); (4)   Loans for the purpose of financing agricultural productions whether made to farmers or to non-agricultural business (reported in "Loans to Finance Agricultural Production and Other Loans to Farmers (1590)"); (5)   Loans to nonprofit organizations, such as hospitals, educational institutions, etc., except those loans for which oil or mining production payments serve as collateral (reported in "Other Loans (1563)"); (6)   Holdings of acceptances accepted by other banks (reported in "Acceptances of Other Banks (1755)"); (7)   Holdings of own acceptances when the account party is another bank (reported in "Loans to Depository Institutions (1489)" or a foreign government or official institution (reported in "Loans to Foreign Governments and Official Institutions (2081)"); (8)   Equipment trust certificates (reported in "All Other Domestic Securities (Debt and Equity) (0411)" or "Foreign Securities (Debt and Equity)(0413)" as appropriate). Includes the following transactions: (1)   Loans for commercial and industrial purposes to the following industries: (a) mining, oil and gas producing, and quarrying industries; (b) manufacturing industries of all kinds, including those which process agricultural commodities; (c) construction industries; (d) transportation, communication, and other public utilities; (e) wholesale and retail trade enterprises and other dealers in commodities; (f) cooperative associations including Farmers' Cooperatives; (g) service industries such as hotels, laundries, and automotive service stations; (h) insurance agents; (i) practicers of law, medicine, public accounting, etc., which are made for professional purposes; (2)   Loans for the purpose of financing capital expenditures as well as to finance current operations; (3)   Loans supported by letters of commitment from the agency for international development; (4)   Loans to commodity dealers, processors, or farmers' cooperatives; (5)   Loans to farmers for commercial and industrial purposes (when farmers operate a business enterprise as well as a farm); (6)   Loans to business enterprises guaranteed by the Small Business Administration; (7)   Loans made to finance construction (other than those included in item 1 above); (8)   "Cotton overdrafts" to cotton buyers (but excluding those to cotton farmers); (9)   Loans to merchants or dealers on their own promissory notes, secured by the pledge of their own installment paper; (10) Loans extended under credit card and related plans that are easily identifiable as being issued in the name of a commercial or industrial enterprise; (11) "Dealer flooring loans"; (12) Loans collateralized by production payments (e.g., oil or mining production payments) as a loan to the original seller of the production payment rather than to the holder of the production payment. For example, a loan made to a nonprofit organization collateralized by an oil production payment is reported here as a loan to the oil company and not in "All Other Loans (2080)" as a loan to a nonprofit organization; (13) Loans and participations in loans secured by conditional sales contracts made for the purpose of financing the purchase of commercial transportation equipment, and nonprofit organization; (14) Commercial and industrial loans, such as those described above, that are guaranteed by foreign government institutions. NOTE: Beginning December 31, 2000, no longer reported as a derived item for the FFIEC 031, however, still derived for the 2886b. For the FFIEC 031, 032, 033 and 034 reports, reported as a derived item which includes the sum of items 1766 and 1755. For the FR 2886B report, RCFD1600 includes the sum of RCFD1761 and RCFD1762. Reported for the FR 2644 (WRSS) report. COMPARABILITY: Beginning with the March 1997 quarterly Report Of Condition for the FR 2644 (WRSS) report excludes any bankers acceptances held in trading accounts and all commercial paper. These items are included in item 0340. Beginning in 1994, for the FR 2644 (WRSS) report, includes commercial paper and bankers acceptances held in trading accounts (corresponds to Call report items 3538 and 3539). Prior to 3/31/94, reported as an derived item for the FR 2886B report, RCFN1600 included the sum of RCFN1761 and RCFN1762. Also RCON1600 included RCFD1761 plus RCFD1762 minus RCFN1600. Prior to 7/2/69, W416 and A416 series include a small part of "Federal Funds Sold and Securities Purchased Under Agreements to Resell (1350)." Prior to 12/31/60, includes loans to real estate companies, sales finance companies, and mortgage lenders.