Data Dictionary
Item Number F237
TOTAL ALLOWABLE EXCLUSIONS, INCLUDING INTEREST ACCRUED AND UNPAID ON ALLOWABLE EXCLUSIONS (INCLUDING FOREIGN DEPOSITS)Call confidentiality applies to FFIEC 031/041.
| Series | Start Date | End Date | Confidential? | Reporting Forms |
|---|---|---|---|---|
| RCFDF237 | 2007-03-31 | 9999-12-31 | No | Multiple Forms |
| RCONF237 | 2007-03-31 | 9999-12-31 | No | FFIEC 041 |
| RCONF237 | 2007-03-31 | 9999-12-31 | No | FFIEC 051 |
| SVGLF237 | 2007-03-31 | 2011-12-31 | No | OTS 1313 |
Data Description:
Note:
On Schedue RC-O
Report the total amount of allowable exclusions from deposits as of the calendar quarter-end report date if the institution maintains such records as will readily permit verification of the correctness of its reporting of exclusions. The allowable exclusions include:
(1) Foreign Deposits: As defined in Section 3(l)(5) of the Federal Deposit Insurance Act, foreign deposits include
(A) any obligation of a depository institution which is carried on the books and records of an office of such bank or savings association located outside of any State, unless -
(i) such obligation would be a deposit if it were carried on the books and records of the depository institution, and would be payable at, an office located in any State; and
(ii) the contract evidencing the obligation provides by express terms, and not by implication, for payment at an office of the depository institution located in any State; and
(B) any international banking facility deposit, including an international banking facility time deposit, as such term is from time to time defined by the Board of Governors of the Federal Reserve System in regulation D or any successor regulation issued by the Board of Governors of the Federal Reserve System.
(2) Reciprocal balances: Any demand deposit due from or cash item in the process of
collection due from any depository institution (not including a foreign bank or foreign office of another U.S. depository institution) up to the total amount of deposit balances due to cash and cash items in the process of collection due such depository institution.
(3) Drafts drawn on other depository institutions: Any outstanding drafts (including advices and authorization to charge the depository institution's balance in another bank) drawn in the regular course of business by the reporting depository institution.
(4) Pass-through reserve balances: Reserve balances passed through to the Federal
Reserve by the reporting institution that are also reflected as deposit liabilities of the reporting institution. This exclusion is not applicable to an institution that does not act as a correspondent bank in any pass-through reserve balance relationship. A state nonmember bank generally cannot act as a pass-through correspondent unless it maintains an account for its own reserve balances directly with the Federal Reserve.
(5) Depository institution investment contracts: Liabilities arising from depository institution investment contracts that are not treated as insured deposits under section 11(a)(5) of the Federal Deposit Insurance Act (12 U.S.C. 1821(a)(5)). A Depository Institution Investment Contract is a separately negotiated depository agreement between an employee benefit plan and an insured depository institution that guarantees a specified rate for all deposits made over a prescribed period and expressly permits benefit responsive withdrawals or transfers.
(6) Accumulated deposits: Deposits accumulated for the payment of personal loans that are assigned or pledged to assure payment of the loans at maturity. Deposits that simply serve as collateral for loans are not an allowable exclusion.