Data Dictionary
Item Number 3285
MANDATORY CONVERTIBLE DEBT QUALIFIED FOR PRIMARY CAPITAL OR EQUITY CAPITAL EQUIVALENTSCall confidentiality applies to FFIEC 031/041.
| Series | Start Date | End Date | Confidential? | Reporting Forms |
|---|---|---|---|---|
| RCFD3285 | 1984-03-31 | 1985-03-31 | No | FFIEC 031 |
| RCON3285 | 1984-03-31 | 1988-12-31 | No | Multiple Forms |
Data Description:
Includes the total amount of outstanding debt securities with a mandatory requirement for future conversion to common or perpetual preferred stock that is included in "Notes and Debentures Subordinated to Deposits (3200)". Includes only those amounts that qualify as primary capital or equity capital equivalents under agency guidelines issued or established by the bank's federal supervisory agency. Banks that have outstanding mandatory convertible debt repayable from the sale of common or perpetual preferred stock that qualifies as primary capital or equity capital equivalents under the aforementioned guidelines should report the amount of mandatory convertible debt outstanding net of the amount of the proceeds from the sale of common or perpetual preferred stock issued for the sole purpose of repaying the debt instruments at maturity.
Excludes preferred stock with a mandatory requirement for future conversion to common stock. Such preferred stock should be reported in "Perpetual Preferred Stock (3283)".