Board of Governors of the Federal Reserve System

Data Dictionary

Item Number A515

Call confidentiality applies to FFIEC 031/041.

Data Description:

Reported is the portion of the reporting bank's qualifying term subordinated debt and intermediate-term preferred stock (including any related surplus) that is includible in Tier 2 capital. These capital instruments must have an original weighted average maturity of at least five years. Included as intermediate-term preferred stock are those issues of preferred stock with an original maturity of less than 20 years.

Included as subordinated debt is the amount of any mandatory convertible debt that has common or perpetual preferred stock dedicated (in accordance with guidelines issued or established by the bank's primary federal bank supervisory authority) to redeem, in whole or in part, such outstanding issues. Otherwise, mandatory convertible debt should be excluded from this item.

Qualifying term subordinated debt and intermediate-term preferred stock is the amount that remains after discounting any instruments with five years or less until maturity. The portion of this qualifying amount that is includible in Tier 2 capital is limited to 50 percent of Tier 1 capital. (See the March 31, 1997 Call Sample Booklet for the calculation of this portion.)

NOTE:

Reported in Schedule RC-R - Regulatory Capital for the FFIEC 031, 032, 033 and 034 reports.