Data Dictionary
Item Number J218
QUARTER-END DEPOSIT TOTALS IN UNSECURED FEDERAL FUNDS PURCHASEDCall confidentiality applies to FFIEC 031/041.
| Series | Start Date | End Date | Confidential? | Reporting Forms |
|---|---|---|---|---|
| SVGLJ218 | 2009-06-30 | 2011-12-31 | No | OTS 1313 |
Data Description:
Report on an unconsolidated single FDIC certificate number basis the outstanding amount of unsecured federal funds purchased, i.e., immediately available funds borrowed (in domestic office) under
agreements or contracts that have an original maturity of one business day or roll over under a continuing contract, excluding such funds borrowed in the form of securities sold under agreements to
repurchase (which should be reported in Schedule DI641 and Federal Home Loan Bank advances.
-Immediately available funds are funds that the purchasing institution can either use or dispose of on the same business day that the transaction giving rise to the receipt or disposal of the funds is executed.
- A continuing contract, regardless of the terminology used, is an agreement that remains in effect for more than one business day, but has no specified maturity and does not require advance notice of the lender or the borrower to terminate, either party to terminate.
Note: Report federal funds purchased on a gross basis; i.e., do not net them against federal funds sold, except to the extent permitted under FASB Interpretation No. 39.