Data Dictionary
Item Number A490
CREDIT FOR OWN-INSTITUTION DEPOSITSCall confidentiality applies to FFIEC 031/041.
| Series | Start Date | End Date | Confidential? | Reporting Forms |
|---|---|---|---|---|
| TRSTA490 | 1996-12-31 | 2001-12-31 | Yes | FFIEC 001 |
Data Description:
Uninvested cash belonging to fiduciary accounts is available to the commercial banking side of the institution for investment, trust functions are often given credit for the use of these monies. When this credit is given to the trust department or trust company as part of the bank's profit tracking system, it should be reported in this item. Does not include actual interest earned on fiduciary funds on deposit, as this income would normally belong to the fiduciary account.
NOTE:
Reported on the DB2 table on Schedule E for the FFIEC 001 report.
Reported by financial institutions with more than $100 million in total trust assets as reported on Schedule A item A458. In addition, all non-deposit trust companies, whether or not they report any assets on Schedule A, must also report Schedule E. Institutions which are not required to report Schedule E should do so on a voluntary basis.
Also reported as confidential.