Data Dictionary
Item Number 5374
INVESTMENTS IN UNCONSOLIDATED SUBSIDIARIES AND ASSOCIATED COMPANIES: DIRECT AND INDIRECT INVESTMENTS IN REAL ESTATE VENTURESCall confidentiality applies to FFIEC 031/041.
| Series | Start Date | End Date | Confidential? | Reporting Forms |
|---|---|---|---|---|
| RCFD5374 | 1991-03-31 | 2009-03-31 | No | FFIEC 031 |
| RCON5374 | 1991-03-31 | 2009-03-31 | No | Multiple Forms |
| UBPR5374 | 1991-03-31 | 9999-12-31 | No |
Data Description:
Includes the amount of the bank's investments in investees (as defined in item 2130) that are primarily engaged in the holding of real estate for development, resale, or other investment purposes. Investments by the bank in these investees may be in the form of common or preferred stock, partnership interests, loans or other advances, bonds, notes, or debentures. Such investments are reported using the equity method of accounting. Included in this item are real estate acquisition, development, or construction (ADC) arrangements which are accounted for as real estate joint ventures in accordance with guidance prepared by the American Institute of Certified Public Accountants (AICPA) in Notices to Practitioners issued in November 1983, November 1984, and February 1986.
NOTE: 12 USC 29 limits the authority of national banks to hold real estate. State member banks are not authorized to invest in real estate except with the prior approval of the Board of Governors of the Federal Reserve System under Federal Reserve Regulation H (12 CFR Part 208). In certain states, nonmember banks may invest in real estate.
NOTE:
Reported in Schedule RC-M for the FFIEC 031, 032, 033 and 034 reports.
For the UBPR series, the FDIC's Data Element name is H-REINVSUBS
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).