Board of Governors of the Federal Reserve System

Data Dictionary

Item Number 2210

Call confidentiality applies to FFIEC 031/041.

Data Description:

Includes as Demand Deposits: 1. All checking accounts, including those pledged as collateral for loans or maintained as compensating balances. However, excluded are NOW accounts, which are reported in item 6917. 2. With the exception noted below, all outstanding certified, cashier's teller's and officer's checks or any other instruments drawn by the reporting institution for any purpose (including payment for services, dividends, or purchases). Such checks or instruments are reported in "Other Demand Deposits (2340)", and include: A. Those drawn by the reporting institution on itself and not payable at or through another depository institution. B. Those drawn by the reporting institution and drawn on, or payable at or through, another depository institution on a zero-balance account or an account that is not routinely maintained with sufficient balances to cover checks drawn in the normal course of business (including accounts where funds are remitted by the reporting institution only when it has been advised that the checks or drafts have been presented). NOTE: Those checks drawn by the reporting institution on a deposit account at another depository institution which the reporting institution routinely maintains with sufficient balances to cover checks or drafts drawn in the normal course of business should be excluded from this item, and recorded directly as a reduction in "Demand Balances Due From Depository Institutions in the U.S. (0063)". C. Those checks drawn by the reporting institution on, or payable at or through, a Federal Reserve Bank or a Federal Home Loan Bank. (Reported in item 2340.) 3. Traveler's checks and money orders sold (but not drawn) by the reporting institution, until the proceeds of the sale are remitted to another party, and other such checks used (but not drawn) by the reporting institution, until the amount of the checks is remitted to another party. 4. Funds received or held in connection with letters of credit sold to customers, including funds credited to cash collateral accounts and similar accounts. 5. Unposted credits. 6. Withheld taxes, withheld insurance premiums, and other funds withheld from salaries of the reporting institution's employees. Also includes taxes withheld from distributions or payments from pensions, annuities, and other deferred income including IRAs. 7. Funds received or held in escrow accounts that may be withdrawn on demand or within six days from the date of deposit, except escrow funds that meet the definition of savings deposits or time deposits. 8. An obligation to pay on demand or within six days a check (or other instrument, device, or arrangement for the transfer of funds) drawn on the reporting institution, where the account of the institution's customer already has been debited. 9. Checks or drafts drawn by, or on behalf of, a Non-U.S. office of the reporting institution on an account maintained at any of the reporting institution's U.S. offices. 10. Demand deposit accounts at Non-U.S. offices of the reporting institution that are guaranteed payable in the U.S. or when the depositor is guaranteed payment at a U.S. office. 11. For any depositor that is not eligible to hold a NOW account, accounts that otherwise meet the definition of savings deposits but under the terms of which, or by practice of the reporting institution, the depositor is authorized or permitted to exceed the withdrawal or transfer limitations specified for savings deposits. 12. Any deposit or account that otherwise meets the definition of a time deposit but that allows withdrawals within the first six days after the date of deposit and that does not require an early withdrawal penalty of at least seven days' simple interest on amounts withdrawn within those first six days, unless the deposit or account meets the definition of a savings deposit. Any such deposit or account that meets the definition of a savings deposit should be reported as a savings deposit; otherwise it should be reported as a demand deposit. 13. The remaining balance of a time deposit from which a partial early withdrawal is made, unless the remaining balance either (a) is subject to additional early withdrawal penalties of at least seven days' simple interest on amounts withdrawn within six days after each partial withdrawal (in which case the deposit or account continues to be reported as a time deposit) or (b) is placed in an account that meets the definition of a savings deposit (in which case the deposit or account should be reported as a savings deposit). Otherwise, the deposit or account should be reported as a demand deposit. 14. All matured time certificates of deposits, even if interest is paid after maturity, unless the deposit agreement specifically provides for automatic renewal at maturity (automatically renewable time deposits remain time deposits until redeemed) or unless the deposit agreement specifically provides for the funds to be transferred at maturity to another type of account (i.e., other than a demand deposit). 15. All matured time deposits, open account that have not been redeemed in conformance with a written notice provided by the depositor indicating an intention to withdraw the deposit at the expiration of the notice period, unless the deposit agreement specifically provides for the funds to be transferred to another type of account (i.e., other than a demand deposit). 16. The institution's liability on primary obligations that are issued by the reporting institution to nonexempt entities in original maturities of less than seven days. 17. Due bills that are issued by the reporting institution in original maturities of less than seven days and that are not collateralized within three business days by similar securities. 18. Credit balances that meet the criteria for demand deposits. 19. Any funds received by the reporting depository institution's affiliate and later channeled to the reporting institution by the affiliate in the form of a demand deposit. Excludes: 1. Savings deposits (including accounts commonly known as money market deposit accounts (MMDAs)). 2. Hypothecated deposits. 3. Funds received and credited to dealer reserve or dealer differential accounts that the reporting institution is not obligated to make available to either the dealer or the dealer's creditors. 4. Checks or drafts drawn by the reporting institution on a deposit account at another depository institution which the reporting institution routinely maintains with sufficient balances to cover checks or drafts drawn in the normal course of business. 5. Repurchase agreements involving obligations of, or obligations fully guaranteed as to principal and interest by, the U.S. Government or a federal agency, or the shares of a money market mutual fund whose portfolio consists wholly of obligations of, or obligations fully guaranteed as to principal and interest by, the U.S. Government or a federal agency. 6. Due bills, issued to any entity, that are collateralized within three business days by securities similar to the securities purchased. 7. Except for due bills that are not collateralized within three business days by a similar security, any primary obligation issued or undertaken as a means of obtaining funds, regardless of the use of the proceeds, when transacted with the U.S. office of the following exempt entities: A. U.S. commercial banks and trust companies and their operations subsidiaries; B. a U.S. branch or agency of a bank organized under foreign (non-U.S.) law (including U.S. branches and agencies of foreign official banking institutions); C. Edge and Agreement Corporations; D. mutual and stock savings banks; E. building or savings and loan associations, and homestead associations; F. cooperative banks; G. industrial banks; H. credit unions (including corporate central credit unions); I. the U.S. Government and its agencies and instrumentalities such as the Office of Thrift Supervision, Resolution Trust Corporation, Federal Home Loan Banks, Federal Intermediate Credit Banks, Federal Land Banks, Banks for Cooperatives, the Federal Home Loan Mortgage Corporation, Federal Deposit Insurance Corporation, Federal National Mortgage Association, Federal Financing Bank, Student Loan Marketing Association, National Credit Union Share Insurance Fund and National Credit Union Administration Central Liquidity Facility; J. Export-Import Bank of the U.S.; K. Government Development Bank of Puerto Rico; L. Minbanc Capital Corporation; M. securities dealers, but only when the borrowing (a) has a maturity of one day, (b) is in immediately-available funds, and (c) is in connection with the clearance of securities; N. the U.S. Treasury (U.S. Treasury tax and loan account note balances); O. New York State investment companies (chartered under Article XII of the New York State Banking Code) that perform a banking business and that are majority-owned by one or more non-U.S. banks; and P. investment company or trust whose entire beneficial interest is held exclusively by one or more depository institutions. 8. Funds obtained from state and municipal housing authorities under loan-to-lender programs involving the issuance of tax exempt bonds and the subsequent lending of the proceeds to the reporting institution for housing finance purposes. 9. Borrowings from a Federal Reserve Bank. 10. Amounts of outstanding bankers acceptances that are created by the reporting institution and that are of the type that are ineligible for discount at Federal Reserve Banks. 11. Certain obligations issued by the reporting institution's nondepository affiliates. 12. Any liability of a U.S. branch or agency of a foreign bank to another U.S. branch or agency of the same foreign bank, or the liability of the U.S. office of an edge or agreement corporation to another U.S. office of the same edge or agreement corporation. NOTE: Unless created as a result of a bona fide cash management arrangement, overdrafts in demand deposit accounts are not to be treated as negative demand deposits and should not be netted against positive balances. COMPARABILITY: Beginning 3/31/04, for the SVGL report, includes all demand deposits reported on item 2339 and 2071. FDIC Regulations 12 CFR 329.1, 329.101, and 329.102 define the demand deposits to report on this line. Prior to 10/31/83, demand deposits are withdrawable on demand or are payable with less than 14 days notice. Prior to 7/31/82, demand deposits are withdrawable on demand or are payable with less than 30 days notice. NOTE: For the Quarterly Report of Condition for New York State Investment Companies (FR 2886a), includes amounts for credit balances, which are reported separately on the IBA Call. For the FFIEC 002 report, excludes all transactions with related depository institutions. For the "EDDS" series, includes the sum of "Demand Deposits Due to Depository Institutions (2698)", "Demand Deposits of United States Government (2280)" and "Other Demand Deposits (2340)". For the "EDDS" series, prior to 9/20/88, includes the sum of "Demand Deposits Due to Banks (2311)", "Demand Deposits Due to Other Depository Institutions (2312)", "Demand Deposits of United States Government (2280)" and "Other Demand Deposits (2340)". For the FR Y-9C (BHCB) report, the MDRM reflects data starting for the period of June 30, 1981 thru current archival file. For the UBPR series, the FDIC's Data Element name is H-DEMAND BAAQ Original Variable name: ADDAQ Formula: ADDAQ=(DDA1+DDA2)/2 DDA=RCON2210/1000; BAAY Original Variable name: ADDAY Formula: ADDAY=5 Quarter Averaging If QT eq 1 Then ADDAY=(DDA1+DDA2)/2; If QT eq 2 Then ADDAY=(DDA1+DDA2+DDA3)/3; If QT eq 3 Then ADDAY=(DDA1+DDA2+DDA3+DDA4)/4; If QT eq 4 Then ADDAY=(DDA1+DDA2+DDA3+DDA4+DDA5)/5; DDA=RCON2210/1000; BAGR Original Variable name: DDA Formula: DDA=RCON2210/1000;