Board of Governors of the Federal Reserve System

Data Dictionary

Item Number B530

Call confidentiality applies to FFIEC 031/041.

Data Description:

For series CUSA includes any items of other comprehensive income that are not already included in items A155 or B498. In addition to items A155 and B498, another example of Other Comprehensive Income would include net losses recognized under GAAP governing pensions as an additional liability not yet recognized as net periodic pension cost. These examples are not all inclusive. Items required by accounting standards to be reported as direct adjustments to paid-in capital, retained earnings, or other non-income equity accounts are not to be included as components of comprehensive income. COMPARABILITY: Beginning 3/31/04, reported on Schedule SC Equity Capital for the SVGL report. Beginning 12/31/02, reported on Schedule BS for the FR Y-11 (BHCS) 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. Beginning 6/30/01, reported on the Balance Sheet for the FR Y-9SP (BHSP) report. Beginning 6/30/01, reported on the FR 2314a (SUBC) report. Beginning 3/31/01, reported on Schedule HC for the FR Y-9C (BHCK) report. Beginning 3/31/01, reported on the Balance Sheet for the FR Y-11Q (BHCS) report. Beginning 3/31/01, reported on Schedule PC for the FR Y-9LP (BHCP) report. Beginning 3/31/01, reported on Schedule RC for the 2886b report. Beginning 1/31/01, reported on the CUCP report. Beginning 3/31/01, for series RCFD and RCON, report the accumulated balance of other comprehensive income in accordance with FASB Statement No. 130, Reporting Comprehensive Income. "Other comprehensive income" refers to revenues, expenses, gains, and losses that under generally accepted accounting principles are included in comprehensive income but excluded from net income. Include in this item: (1) Net unrealized holding gains (losses) on available-for-sale securities. Report the difference between the amortized cost and the fair value of the reporting bank's available-for-sale securities, net of tax effects, as of the report date. 1 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, item 2.b, and in Schedule RC-B, 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., nonrated industrial development obligations) that the bank has designated as "available-for-sale" which are reported for purposes of the Report of Condition 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 balance sheet at fair value rather than amortized cost and the difference between these two amounts, net of tax effects, also must be included in this item. Also include 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. (2) Accumulated net gains (losses) on cash flow hedges. Report the effective portion of the accumulated change in fair value (gain or loss) on derivatives designated and qualifying as cash flow hedges in accordance with FASB Statement No. 133, Accounting for Derivative Instruments and Hedging Activities. Under Statement No. 133, a bank that elects to apply hedge accounting must exclude from net income the effective portion of the change in fair value of a derivative designated as a cash flow hedge and record it on the balance sheet in a separate component of equity capital (referred to as "accumulated other comprehensive income" in the accounting standard). The ineffective portion of the cash flow hedge must be reported in earnings. The equity capital component (i.e., the accumulated other comprehensive income) associated with a hedged transaction should be adjusted each reporting period to a balance that reflects the lesser (in absolute amounts) of: (a) The cumulative gain or loss on the derivative from inception of the hedge, less (i) amounts excluded consistent with the bank's defined risk management strategy and (ii) the derivative's gains or losses previously reclassified from accumulated other comprehensive income into earnings to offset the hedged transaction, or (b) The portion of the cumulative gain or loss on the derivative necessary to offset the cumulative change in expected future cash flows on the hedged transaction from inception of the hedge less the derivative's gains or losses previously reclassified from accumulated other comprehensive income into earnings Accordingly, the amount reported in this item should reflect the sum of the adjusted balance (as described above) of the cumulative gain or loss for each derivative designated and qualifying as a cash flow hedge. These amounts will be reclassified into earnings in the same period or periods during which the hedged transaction affects earnings (for example, when a hedged variable-rate interest receipt on a loan is accrued or when a forecasted sale occurs). (3) Cumulative foreign currency translation adjustments. Report the sum of the bank's foreign currency translation adjustments accumulated in accordance with FASB Statement No. 52. See the Glossary entry for "foreign currency transactions and translation" for further information. (4) Minimum pension liability adjustment. Report any minimum pension liability adjustment recognized in accordance with FASB Statement No.87, Employers Accounting for Pensions. Under Statement No. 87, an employer must report in a separate component of equity capital, net of any applicable tax benefits, the excess of additional pension liability over unrecognized prior service cost. NOTE: Reported on Schedule RC - Balance Sheet for the FFIEC 031 and 041 reports. For the UBPR series, the FDIC's Data Element name is INC-OTH-ACC-COMP.