Data Dictionary
Item Number 3578
CONVERSION OR RETIREMENT OF PERPETUAL PREFERRED STOCKCall confidentiality applies to FFIEC 031/041.
| Series | Start Date | End Date | Confidential? | Reporting Forms |
|---|---|---|---|---|
| BHCK3578 | 1990-09-30 | 9999-12-31 | No | FR Y-9C |
| CASK3578 | 2013-09-30 | 9999-12-31 | Yes | FR Y-14A |
| CBPK3578 | 2015-12-31 | 9999-12-31 | Yes | FR Y-14A |
| CPSK3578 | 2013-09-30 | 9999-12-31 | Yes | FR Y-14A |
Data Description:
Includes the changes in the consolidated bank holding company's total equity capital resulting from:
(1) The conversion of convertible debt or limited-life preferred stock into perpetual preferred stock.
(2) Exercise of stock options, including:
(a) Any income tax benefits to the consolidated bank holding company resulting from the sale of the bank holding company's own stock acquired under a qualified stock option within three years of its purchase by the employee who had been granted the option.
(b) Any tax benefits to the consolidated bank holding company resulting from the exercise (or granting) of nonqualified stock options (on the bank holding company's stock) based on the difference between the option price and the fair market value of the stock at the date of exercise (or grant).
(3) Retirement of perpetual preferred stock.
Includes: (1) the net decrease in equity capital which occurs when cash is distributed in lieu of fractional shares in a stock dividend; and (2) the net increase in equity capital when a stockholder who receives a fractional share from a stock dividend purchases the additional fraction necessary to make a whole share.