Board of Governors of the Federal Reserve System

Data Dictionary

Item Number 2698

Call confidentiality applies to FFIEC 031/041.

Data Description:

Includes the balance of all demand deposits due to U.S. offices of U.S. commercial banks (including private banks) and trust companies conducting a commercial banking business, industrial banks, bankers' banks that are organized as commercial banks, branches and agencies of foreign (non-U.S.) banks (including branches and agencies of foreign official banking institutions), Edge and Agreement Corporations and 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. Also includes non-U.S. offices of other U.S. banks and Edge and Agreement Corporations (that is, other than the reporting institution's own foreign offices) and commercial banks, merchant banks, discount houses, and similar banking institutions organized under the laws of a foreign country, Puerto Rico, Guam, American Samoa, or the Virgin Islands, or other territories of the United States. (Excludes foreign official banking institutions.) Also includes demand deposits issued to mutual or stock savings banks (including those that are bankers' banks), building or savings and loan associations, homestead associations and cooperative banks (including those that are bankers' banks) and credit unions (including corporate central credit unions). Included are those accounts issued by the reporting institution to the depository institutions listed above that otherwise meet the definition of savings deposits but under the terms of which, or by practice of the depository institution, the depositor is authorized or permitted to exceed the withdrawal or transfer limitations specified for that account. Includes all due bills that are issued by the reporting institution to U.S. offices of depository institutions in original maturities of less than 7 days and that are not collateralized within three business days by similar securities. All reciprocal balances are reported gross. Excludes demand deposits due to 1.: A. Nonmember "respondent" depository institutions to the extent that such deposits represent balances that the above institutions serving as pass-through agent or correspondent, has passed through to the Federal Reserve Bank for the "respondent." B. Nondeposit and limited purpose trust companies (reported in item 2340). C. Trust departments of the reporting institution and of other depository institutions (reported in item 2340). D. Nondepository affiliates of the reporting institution and of other depository institutions (reported in item 2340). E. The U.S. Government and its agencies and instrumentalities (reported in item 2280 or 2340), including 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, National Credit Union Administration Central Liquidity Facility, and Export-Import Bank of the U.S. F. Any office of the reporting institution located outside the 50 states of the United States and the District of Columbia (reported on the Report of Certain Eurocurrency Transactions). G. Foreign Official Banking Institutions (reported in item 2340). 2. A demand deposit due to a depository institution that is negative (i.e., overdrawn). The amount of such negative balance is reported as zero when computing the deposit total. 3. Any negative "due from" balance which results when an 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 becomes overdrawn; negative balances that results from such occasional overdrafts are regarded as borrowings by the reporting institution and are not to be included on this report (FR 2900). 4. Certified, cashier's teller's and officer's checks or any other instrument drawn by the reporting institution. 5. All primary obligations (including due bills) issued to Non-U.S. offices of U.S. depository institutions and of foreign (Non-U.S.) banks (reported on the Report of Certain Eurocurrency Transactions, FR   2950.) 6. Except for those due bills noted earlier for inclusion, all other primary obligations that are issued to U.S. offices of depository institutions are excluded from this item and from this report (FR 2900). Such obligations includes, but are not limited to, federal funds transactions and repurchase agreements with U.S. offices of depository institutions. COMPARABILITY: Prior to 9/20/88, reported as a derived item which included the sum of "Demand Deposits Due to Banks (2311)" and "Demand Deposits Due to Other Depository Institutions (2312)".