Data Dictionary
Item Number 3580
CONVERSION OR RETIREMENT OF COMMON STOCKCall confidentiality applies to FFIEC 031/041.
| Series | Start Date | End Date | Confidential? | Reporting Forms |
|---|---|---|---|---|
| BHCK3580 | 1990-09-30 | 9999-12-31 | No | FR Y-9C |
| CASK3580 | 2013-09-30 | 9999-12-31 | Yes | FR Y-14A |
| CBPK3580 | 2015-12-31 | 9999-12-31 | Yes | FR Y-14A |
| CPSK3580 | 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, limited-life preferred stock, or perpetual preferred stock into common 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 common 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.
Does not include "dividends" declared during the previous calendar year but paid in the current period. (Refer to the Glossary entry for "dividends" for further information on cash dividends in the Instructions for Preparation of Consolidated Financial Statements for Bank Holding Companies, FR Y-9C.)