Data Dictionary
Item Number A014
STANDBY LETTERS OF CREDIT AND FOREIGN OFFICE GUARANTEESCall confidentiality applies to FFIEC 031/041.
| Series | Start Date | End Date | Confidential? | Reporting Forms |
|---|---|---|---|---|
| BHCCA014 | 1995-12-31 | 2001-12-31 | No | FR Y-11I |
| BHCSA014 | 1995-03-31 | 9999-12-31 | No | Multiple Forms |
| FNBKA014 | 2002-12-31 | 9999-12-31 | No | FR Y-7N/FR Y-7NS |
| SUBCA014 | 2002-12-31 | 9999-12-31 | No | FR 2314/FR-2314S |
Data Description:
Includes the amount outstanding and unused as of the report date of all standby letters of credit (and all legally binding commitments to issue standby letters of credit) issued by the nonbank subsidiary. Originating nonbank subsidiary reports the full amount outstanding and unused of standby letters of credit in which participations have been conveyed to others where (a) the originating and issuing nonbank subsidiary is obligated to pay the full amount of any draft drawn under the terms of the standby letter of credit and (b) the participating companies have an obligation to partially or wholly reimburse the originating nonbank subsidiary, either directly in cash or through a participation in a loan to the account party. Originating nonbank subsidiary also reports the amount of standby letters of credit conveyed to others through participations. The nonbank subsidiary participating in such arrangements reports the full amount of their contingent liabilities to participate in such standby letters of credit without deducting any amounts that they may have reparticipated to others. Participating nonbank subsidiaries also reports the amount of interest in such transactions they have reparticipated to others, if any. Also includes those standby letters of credit that are collateralized by cash on deposit. COMPARABILITY: Beginning 12/31/02, reported on Schedule BS for the FR Y-11 (BHCS) report. Prior to 12/31/02, reported on the Balance Sheet for the FR Y-11I (BHCC) report. Beginning 12/31/02, reported on Schedule BS for the FR Y-7N (FNBK) report. Beginning 12/31/02, reported on Schedule BS for the FR 2314 (SUBC) report. NOTE: Reported on the Balance Sheet for the FR Y-11Q (BHCS) report.