Board of Governors of the Federal Reserve System

Data Dictionary

Item Number 4697

Call confidentiality applies to FFIEC 031/041.

Data Description:

Includes:

1. Adjustments to retained earnings as a result of a one-time write-off of deferrals pursuant to 563c.14;

2. Stock dividends where the par value is deducted from retained earnings;

3. Retroactive adjustments from applying new accounting pronouncements; e.g., FAS. No. 96   (Accounting for Income Taxes); and

4. The current period adjustment for unrealized losses of a temporary nature on marketable equity   securities held by a subsidiary accounted for in CSC under the equity method.

Excludes:

1. Audit adjustments and corrections to valuation allowances. These must be corrected through an   amended report if the cycle is open or must be reported currently on Schedule SO (Statement of   Operations). Charge-offs of assets must be reported in the reconciliation of valuation allowances   reported in item 3873 (Charge-offs) and adjustments to valuation allowances must be reported in   Schedule VA in the period in which the determination of the loss is made, even if the actual loss   occurred in a prior period; or

2. Corrections of accruals. These must be reported in the current period on the same line in Schedule SO   (Statement of Operations) that they would have been reported had the accruals been made when   incurred. If the correction causes interest yield or cost of funds to be significantly distorted or causes   the amount to be a negative on a line item that can only be positive, the correction should be reported   in other noninterest income or expense.

NOTE:

This item is reported as confidential.