Data Dictionary
Item Number 3821
PERFORMANCE STANDBY LETTERS OF CREDITCall confidentiality applies to FFIEC 031/041.
| Series | Start Date | End Date | Confidential? | Reporting Forms |
|---|---|---|---|---|
| BAGR3821 | 2001-03-31 | 9999-12-31 | No | |
| RCFD3821 | 1990-03-31 | 9999-12-31 | No | Multiple Forms |
| RCON3821 | 1990-03-31 | 9999-12-31 | No | Multiple Forms |
| SUBC3821 | 1991-12-31 | 2002-09-30 | No | FR 2314a/b/c |
| UBPR3821 | 2001-03-31 | 9999-12-31 | No |
Data Description:
Excludes: (1) performance standby letters of credit where the beneficiary is a consolidated subsidiary of the reporting bank; (2) financial standby letters of credit; and (3) signature or endorsement guarantees of the type associated with the clearing of negotiable instruments or securities in the normal course of business.
NOTE:
Beginning 3/31/01, report in column A the face amount of performance standby letters of credit reported in Schedule RC-L, item 3. Reported in Schedule RC-R Regulatory Capital for the FFIEC 031 and 041 reports. AND FOREIGN OFFICE GUARANTEES -- FOR THE FFIEC 031)
Includes the amount outstanding and unused as of the report date of all performance standby letters of credit (and all legally binding commitments to issue performance standby letters of credit) issued by any office of the bank. A performance standby letter of credit irrevocably obligates the bank to pay a third-party beneficiary when a customer (account party) fails to perform some contractual non-financial obligation. (For further information, see the Glossary entry for "letter of credit" in the Report of Condition and Income Instruction Booklet.)
For the UBPR series, the FDIC's Data Element name is H-RPERFSTBY
This variable is used by the FDIC and OCC in the process to generate the UBPR in the Central Data Repository (CDR). The Board does NOT store this MDRM within the UBPR series tables in the Board's Financial Data Repository (FDR).
BAGR Original Variable name: PLOCFV Formula:
PLOCFV=IF DT ge 20010331 THEN PLOCFV = RCFD3821/1000;