Data Dictionary
Item Number J651
AVERAGE DAILY AMOUNT OF NONINTEREST-BEARING TRANSACTION ACCOUNTS OF MORE THAN $250,000 (INCLUDING BALANCES SWEPT FROM NONINTEREST-BEARING TRANSACTION ACCOUNTS TO NONINTEREST-BEARING SAVINGS ACCOUNTS)Call confidentiality applies to FFIEC 031/041.
| Series | Start Date | End Date | Confidential? | Reporting Forms |
|---|---|---|---|---|
| RCONJ651 | 2010-09-30 | 2010-12-31 | No | Multiple Forms |
| SVGLJ651 | 2010-09-30 | 2010-12-31 | No | OTS 1313 |
Data Description:
Report the average daily amount of noninterest-bearing transaction accounts (as defined in Schedule RC-O, Memorandum item 4, above) with a balance of more than $250,000. This average daily amount can be calculated by (1) summing, for each calendar day during the quarter, the amounts of all noninterest-bearing transaction accounts with a balance of more than $250,000 on that day, (2) totaling the daily sums for all of the days during the calendar quarter, and (3) dividing the total of the daily sums by the number of calendar days in the quarter ending on the report date.
20081231 - 20100630 item was RCONG167 definition change 20100930 new number assigned.
SVGL Account - DI570
Institutions participating in the TAG Program report the amount and number of qualifying noninterest-bearing transaction accounts of more than $250,000 as of the quarter-end report date in Thrift Financial Report (TFR) Schedule DI, items DI570 and DI575. Beginning with the September 30, 2010, TFR the total dollar amount of TAG-eligible accounts and the total number of accounts must be reported as average daily balances.
The amounts to be reported as daily averages are the total dollar amount of the noninterest-bearing transaction accounts, as defined in 12 C.F.R. 370.2(h), of more than $250,000 for each calendar day during the quarter divided by the number of calendar days in the quarter. For days that an office of the reporting institution is closed (e.g., Saturdays, Sundays, or holidays), the amounts outstanding from the previous business day would be used. The total number of accounts to be reported should be calculated on the same basis.
Documentation supporting the amounts used in the calculation of the average daily balance amounts must be retained and be readily available upon request by the FDIC or the Office of Thrift Supervision. In addition, all insured depository institutions that do not opt out of the TAG Program must establish procedures to gather the necessary daily data beginning July 1, 2010.