Board of Governors of the Federal Reserve System

Data Dictionary

Item Number 8434

Call confidentiality applies to FFIEC 031/041.

Data Description:

Reported is the difference between the amortized cost and the fair value of the reporting bank's available-for-sale securities, net of tax effects, (for example, if the fair value of the reporting bank's available-for-sale securities exceeds the amortized cost of its available-for-sale securities by $100,000, the amount to be reported in this item, must be reduced by the estimated amount of taxes using the bank's applicable tax rate (federal, state and local). (See the Glossary entry for "income taxes" for a discussion of "applicable tax rate.") If the bank's applicable tax rate (federal, state and local) is 40% and the tax basis of its available-for-sale securities approximates their amortized cost, the bank would report "net unrealized holding gains of $60,000 [$100,000 - (40% x $100,000)] in this item. The bank would also have a deferred tax liability of $40,000 which would enter into the determination of the amount of net deferred tax assets or liabilities to report in Schedule RC-F, item 2148, or Schedule RC-G, item 3049) as of the report date. For most banks, all "securities," as that term is defined in FASB Statement No. 115, that are designated as "available-for-sale" will be reported as "Available-for-sale securities" in Schedule RC, (Schedule HC for the FR Y-9C report), item 1773, and in Schedule RC-B, ( Schedule HC-A for the FR Y-9C report), columns C and D. However, a bank may have certain assets that fall within the definition of "securities" in FASB Statement No. 115 (e.g., commercial paper, nonrated industrial development obligations) that the bank has designated as "available-for-sale" which are reported for purposes of the Report of Condition and the FR Y-9C in a balance sheet category other than "Securities" (e.g., "Loans and lease financing receivables"). These "available-for-sale" assets must be carried on the Report of Condition and on the FR Y-9C balance sheet at fair value rather than amortized cost and the difference between these two amounts, net of tax effects, must be included in this item. Also included in this item is the unamortized amount of the unrealized holding gain or loss at the date of transfer of any debt security transferred into the held-to-maturity category from the available-for-sale category. When a debt security is transferred from available-for-sale to held-to-maturity, the unrealized holding gain or loss at the date of transfer continues to be reported in this equity capital account, but must be amortized over the remaining life of the security as an adjustment of yield in a manner consistent with the amortization of any premium or discount. For Edge corporations, includes the unrealized appreciation or depreciation in the corporation's available-for-sale debt and equity securities as of the report date, net of tax effect in accordance with FASB Statement 115. If the Edge has unrealized depreciation, the amount is enclosed in parentheses in order to ensure that it will be deducted from equity capital. Edge corporations which have not yet adopted FASB 115 need not complete this item. For purposes of the "BHCP" series, includes the net unrealized holding gains (losses) on available-for-sale securities that are recorded by the subsidiaries of the parent company. Also the offsetting amount is reported in "Investments in and receivables due from subsidiaries and associated companies (0365)" (reported in Schedule PC). For the "BHSP" series, the offsetting amount is reported in the appropriate investment subsidiary line items 3239, 0088, or 0201 (reported on the Balance Sheet, line items 4(a), 5(a), or 6(a)). (See FASB Statement No. 115, paragraph 135(b) for more information.) COMPARABILITY: Beginning 12/31/00, reported on the CUSA report. NOTE: FFIEC 101 -- Report in this item the amount reported on Schedule R of the Call Report (FFIEC 031 or 041) or the BHC FR Y-9C. Reported on the FR 2416 (WRBK) report. Reported in Schedule HC-R for the FR Y-9C (BHCK) report. Prior to 3/31/01, reported in Schedule HC, for the FR Y-9C (BHCK) report. Reported in Schedule PC, for the FR Y-9LP (BHCP) report. Reported on the Balance Sheet for the FR Y-9SP (BHSP) report. Reported on the Balance Sheet for the FR Y-11Q (BHCS) report. Reported in Schedule RC - Equity Capital, for the FFIEC 031, 032, 033, and 034 reports. Reported in Schedule RC - Balance Sheet, for the FR 2886B report. For the UBPR series, the FDIC's Data Element name is H-UNREALAFS SVC2, SVC3, SVC4 = OTS Account HC625 SVP2, SVP3, SVP4 = OTS Account HC225 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: NURLAFS Formula: NURLAFS=IF DT ge 19940331 THEN NURLAFS=RCFD8434/1000;