Data Dictionary
Item Number 4045
NET INCOME FROM SERVICE CORPORATIONS AND SUBSIDIARIESCall confidentiality applies to FFIEC 031/041.
| Series | Start Date | End Date | Confidential? | Reporting Forms |
|---|---|---|---|---|
| SVGL4045 | 1979-12-31 | 1996-03-31 | Yes | Multiple Forms |
| SVGN4045 | 1990-03-31 | 1992-12-31 | Yes | OTS 1313 |
Data Description:
Includes net income (loss) from investments in service corporations/subsidiaries (other than finance subsidiaries) after the elimination of intercompany profits. Also includes net income (loss) from investments accounted for by the equity method, dividends from service corporations accounted for by the cost method, valuation allowance adjustments made at the subsidiary level, and interest income on unsecured loans to service corporation/subsidiaries.
Excludes:
1. Interest on secured loans to service corporation/subsidiaries; reported on the appropriate interest income line;
2. Valuation allowance adjustments on multi-owned subsidiaries established at the level of the reporting thrift; reported in item 0498;
3. Dividends on investments reported under the equity method; reduce in item 2715; or
4. Unrealized losses on marketable equity securities held for investment by subsidiaries in accordance with FAS No. 12, "Accounting for Certain Marketable Equity Securities;" report the adjustment directly in item 0477.
Refer to the instructions in item 2715 for information on the use of the equity and cost methods.
NOTE:
This item is reported as confidential.