Reporting FR Y-7N (quarterly)

073
FR Y-7N
OMB Number 7100-0125
Approval expires September 30, 2024
Page 1 of 8

SEE GENERAL INSTRUCTIONS FOR FILING FREQUENCY REQUIREMENTS.

TBD

Board of Governors of the Federal Reserve System

Financial Statements of U.S. Nonbank Subsidiaries
Held by Foreign Banking Organizations—FR Y-7N
This Report is required by law: Section 5(c) of the Bank Holding
Company Act (12 U.S.C. § 1844); Section 7 and 13(a) of the
International Banking Act of 1978 (12 U.S.C. §§ 3106 and 3108
(a)); Section 25 of the FRA (12 U.S.C. §§ 601-604(a)); Section
25A of the FRA (12 U.S.C. §§ 611-631); and Section 225.5(b) of
Regulation Y (12 C.F.R. § 225.5(b)).

The Financial Statements of U.S. Nonbank Subsidiaries Held by
Foreign Banking Organizations are to be prepared in accordance
with the instructions provided by the Federal Reserve System.
The Federal Reserve may not conduct or sponsor, and an organization (or a person) is not required to respond to, a collection of
information unless it displays a currently valid OMB control number.

NOTE: The Financial Statements of U.S. Nonbank Subsidiaries
Held by Foreign Banking Organizations must be signed by an
authorized officer of the foreign banking organization.

Date of Report:

Printed Name of Officer (FNBT C490)

Title of Officer (FNBT C491)

Signature of Officer (FNBT H321)

T

AF

I, the undersigned officer of the foreign banking organization
attest that the FR Y-7N reports listed on the following page(s) for
this report date have been prepared in conformance with the
instructions issued by the Federal Reserve System and are true
and correct to the best of my knowledge and belief.

Month / Day / Year (FNBK 9999)

Legal Name of Foreign Banking Organization (RSSD 9017)

City (RSSD 9130)

Country (RSSD 9005)

D
R

Date of Signature (MM/DD/YYYY) (FNBT J196)

FNBK

Number of reports attested to under this signature .. J444

To be completed for the December report only.
Indicate whether the subsidiary(ies) meets the
FNBK
annual or quarterly filing criteria for December
(Enter "1" for annual; enter "2" for quarterly)........... 6909

Return to the appropriate Federal Reserve District Bank the completed original and the number of copies specified by that District
Bank.
For Federal Reserve Bank Use Only
FBO RSSD ID
SUB RSSD ID
C.I.

Person in the U.S. to whom questions about these reports should
be directed:
Name / Title (FNBT 8901)

Area Code / Phone Number (FNBT 8902)

Area Code / FAX Number (FNBT 9116)

E-mail Address of Contact (FNBT 4086)

0=No FNBK
Is confidential treatment requested for any
portion of this report submission? ................. 1=Yes C447
In accordance with the General Instructions for this report
(check only one),
1. a letter justifying this request is being provided along
with the report (FNBK KY38) .........................................

2. a letter justifying this request has been provided
separately (FNBK KY38) ..............................................

Reporting institutions must maintain in their files a manually signed and attested printout of the data submitted.
Public reporting burden for this information collection is estimated to vary from 3.2 to 8.6 hours per response, with an average of 6.8 hours per response, including time to gather and maintain
data in the required form and to review instructions and complete the information collection. Comments regarding this burden estimate or any other aspect of this information collection, including suggestions for reducing the burden, may be sent to Secretary, Board of Governors of the Federal Reserve System, 20th and C Streets, NW, Washington, DC 20551, and to the Office of
Management and Budget, Paperwork Reduction Project (7100-0125), Washington, DC 20503.

09/2021

12/2024

For Federal Reserve Bank Use Only
FBO RSSD ID
SUB RSSD ID
C.I.

Legal Name of Nonbank Subsidiary (TEXT 9012)

(Mailing Address of Nonbank Subsidiary) Street / PO Box (TEXT 9013)

If the name of the nonbank subsidiary has changed since the previous FR Y-7N
was filed with the Federal Reserve, indicate the former name of the company.
(TEXT 9023)

City (TEXT 9024)

State (TEXT 9026)

FR Y-7N
Page 3 of 8

Zip Code (TEXT 9027)

Schedule IS—Income Statement (calendar year-to-date)

D
R

AF

T

Amount
Dollar Amounts in Thousands FNBK
1. Interest income:
a. Interest and fee income from nonrelated organizations ............................................... A028
b. Interest and fee income from related organizations .................................................... A029
c. Total interest income (sum of items 1.a and 1.b) ........................................................ 4107
2. Interest expense:
a. Interest expense pertaining to nonrelated organizations .............................................. A030
b. Interest expense pertaining to related organizations ................................................... A031
c. Total interest expense (sum of items 2.a and 2.b)....................................................... 4073
3. Net interest income (item 1.c minus item 2.c) ................................................................ 4074
4. Provision for loan and lease losses1 ............................................................................ JJ33
5. Noninterest income:
a. From nonrelated organizations:
(1) Income from fiduciary activities ........................................................................ 4070
(2) Service charges on deposit accounts ................................................................ 4080
(3) Trading revenue............................................................................................ A220
(4) Investment banking, advisory, brokerage, and underwriting fees and commissions ..... B490
(5) Venture capital revenue .................................................................................. B491
(6) Net servicing fees ......................................................................................... B492
(7) Net securitization income ................................................................................ B493
(8) Insurance commissions and fees...................................................................... B494
(9) Fees and commissions from annuity sales ......................................................... C887
(10) Other noninterest income................................................................................ B497
b. From related organizations.................................................................................... 4619
c. Total noninterest income (sum of items 5.a.(1) through 5.a.(10) and 5.b)......................... 4079
6. Realized gains (losses) on securities not held in trading accounts ..................................... 4091
7. Noninterest expense:
a. Pertaining to nonrelated organizations ..................................................................... A034
b. Pertaining to related organizations .......................................................................... C376
c. Total noninterest expense (sum of items 7.a and 7.b).................................................. 4093
8. a. Income (loss) before change in net unrealized holding gains (losses) on equity securities
not held for trading, applicable income taxes, and discontinued operations (item 3, 5.c, and off-balance sheet
and 6 minus items 4 and 7.c).................................................................................
creditHT69
exposures
b. Change in net unrealized holding gains (losses) on equity securities not held for trading 2... HT70
c. Income (loss) before applicable income taxes and discontinued operations
(sum of items 8.a and 8.b) .................................................................................... 4301
9. Applicable income taxes (benefits) (estimated) .............................................................. 4302
10. Discontinued operations, net of applicable income taxes ................................................. FT28
11. Equity in undistributed income (loss) of subsidiary(ies) .................................................... 3147
12. Net income (loss) (sum of items 8.c, 10, and 11 minus item 9) .......................................... 4340

1.a.
1.b.
1.c.
2.a.
2.b.
2.c.
3.
4.

5.a.(1)
5.a.(2)
5.a.(3)
5.a.(4)
5.a.(5)
5.a.(6)
5.a.(7)
5.a.(8)
5.a.(9)
5.a.(10)
5.b.
5.c.
6.
7.a.
7.b.
7.c.

8.a.
8.b.
8.c.
9.
10.
11.
12.

1. Entities that have adopted ASU 2016-13 should report item 4 the provision for credit losses for all financial assets that fall
within the scope of the standard.
2. Item 8.b is to be completed by all institutions because all institutions are now required to have adopted ASU 2016-01, which
includes provisions governing the accounting for investments in equity securities. See the instructions for this item and the
FR Y-9C Glossary entry for "Securities Activities" for further detail on accounting for investments in equity securities.

12/2020

12/2024

FR Y-7N
Page 4 of 8

Schedule IS—Continued
Memorandum
Dollar Amounts in Thousands
Memorandum item 1 is to be completed by nonbank subsidiaries that have elected to account
for financial instruments or servicing assets and liabilities at fair value under a fair value option.

FNBK

Amount

1. Net change in fair values of financial instruments accounted for under a fair value
option (included in items 5.a.(3), 5.a.(6), 5.a.(10), and 5.b above) ...................................... J980

M.1.

Schedule IS-A—Changes in Equity Capital
Dollar Amounts in Thousands FNBK
1. Equity capital most recently reported for the end of previous calendar year
(i.e., after adjustments from amended Income Statements) .............................................. 3217

Amount

1.

FNBT

T

2. Net income (loss) (must equal Income Statement, item 12) .............................................. 4340

2.

FNBK

Sale, conversion, acquisition, or retirement of common stock and perpetual preferred stock......
LESS: Cash dividends declared .................................................................................
Other comprehensive income1 ...................................................................................
Other adjustments to equity capital .............................................................................
Total equity capital at end of current period (sum of items 1, 2, 3, 5, and 6 minus item 4)
(must equal Schedule BS, item 18.g)...........................................................................

A035
4598
B511
3581

AF

3.
4.
5.
6.
7.

3.
4.
5.
6.

FNBT

3210

7.

1. Includes changes in net unrealized holding gains (losses) on available-for-sale securities, changes in accumulated net gains (losses) on
cash flow hedges, cumulative foreign currency translation adjustments, and changes in minimum pension liability adjustments.

Schedule IS-B—Changes in Allowance for Credit Losses1

(Column B)
Held-to-Maturity
Debt Securities2
FNBK
Amount

(Column C)
Available-for-Sale
Debt Securities2
FNBK
Amount

3124

JH88

JH94

4605
C079
4230
4815

JH89
JH92
JH90
JH91

JH95
JH98
JH96
JH97

1.
2.
3.
4.
5.

JH93

JH99

6.

D
R

(Column A)
Loan and
Leases

1.

2.
3.
4.
5.
6.

Dollar Amounts in Thousands
Balance most recently reported at end of previous calendar year (i.e., after adjustments
from amended Income Statements) .............
Recoveries ............................................
LESS: Charge-offs ..................................
Provision for credit losses3 ........................
Adjustments ...........................................
Balance at end of current period (sum of
items 1, 2, 4, and 5 minus item 3)
(must equal Schedule BS, item 3.b) ............

FNBK

Amount

FNBT

3123

through 4

Memoranda

Dollar Amounts in Thousands

FNBK

Amount

Memoranda items 1 and 2 is to be reported by institutions that have adopted ASU 2016-13.
1. Provisions for credit losses on other financial assets measured at amortized cost
(not included in item 4) .............................................................................................. JJ02
2. Allowance for credit losses on other financial assets measured at amortized cost
(not included in memorandum item 1 above) ................................................................. JJ03

M.1.

in column A. M.2.
and 3

See Insert A
1. Entities that have not adopted ASU 2016-13 should report changes in allowance for loan and lease losses.
2. Columns B and C are to be completed only by entities that have adopted ASU 2016-13.
3. For Entities that have adopted ASU 2016-13, the sum of item 4, column A through C plus Schedule IS-B memorandum item 1,
below, must equal Schedule IS item 4. Entities that have not adopted ASU 2016-13 should report provision for loan and lease
losses in this item.

03/2020

12/2024

Insert A
FNBK

Amount

xxxx

M.3

4. Estimated amount of expected recoveries of amounts previously written off included
within the ACL on loans and leases held for investment (included in item 6, column A,
Balance end of current period, above)...............................................................................

xxxx

M.4

D
R

AF

T

3. Provisions for credit losses on off-balance-sheet credit exposures...............................

FR Y-7N
Page 6 of 8

Schedule BS—Continued
For Federal Reserve Bank Use Only

C.I.

Dollar Amounts in Thousands

Amount

3817
A013
A014
3411

20.
21.
22.
23.

3415
A015

24.
25.

A098
A099

26.a.
26.b.
27.
28.
29.
30.

Memoranda

AF

T

Derivatives and Off-Balance-sheet Items
20. Unused commitments on securities underwriting .................................................................
21. Unused commitments on loans and all other unused commitments.........................................
22. Standby letters of credit and foreign office guarantees..........................................................
23. Commercial and similar letters of credit .............................................................................
24. Commitments to purchase foreign currencies and U.S. dollar exchanges (spot, forward,
and futures) ................................................................................................................
25. All other futures and forward contracts (excluding contracts involving foreign exchange) .............
26. Option contracts:
a. Written option contracts .............................................................................................
b. Purchased option contracts ........................................................................................
27. Notional value of interest rate swaps ................................................................................
28. Notional value of exchange swaps (e.g., cross currency swaps).............................................
29. Notional value of other swaps .........................................................................................
30. All other off-balance-sheet liabilities..................................................................................

FNBK

Dollar Amounts in Thousands
Memoranda items 1.a. and 1.b. are to be completed by nonbank subsidiaries that have elected to
account for financial instruments or servicing assets and liabilities at fair value under a fair value option.

3450
3826
3829

A100

FNBK

Amount

D
R

1. Financial assets and liabilities measured at fair value under a fair value option
a. Total assets .............................................................................................................. F819
b. Total liabilities............................................................................................................ F820

M.1.a.
M.1.b.

Schedule BS-A—Loans and Lease Financing Receivables1
(exclude balances with related institutions)
1.
2.
3.
4.
5.
6.
7.

modifications to borrowers experiencing financial difficulty

Dollar Amounts in Thousands
Loans secured by real estate ..........................................................................................
Loans to depository institutions .......................................................................................
Commercial and industrial loans......................................................................................
Loans to individuals for personal, household, and other personal expenditures .........................
All other loans and lease financing receivables ...................................................................
Total loans and lease financing receivables (sum of items 1 through 5 above)
(must equal Schedule BS, item 3.a) .................................................................................
Past due and nonaccrual loans and leases:
a. Loans and leases past due 30 through 89 days ..............................................................
b. Loans and leases past due 90 days or more ..................................................................
c. Nonaccrual loans and leases ......................................................................................
d. Loans restructured in troubled debt restructurings (included in items 7.a
through 7.c above) ...................................................................................................

FNBK

Amount

1410
3622
3623
1975
A017

1.
2.
3.
4.
5.

FNBT

2122

6.

FNBK

1406
1407
1403

7.a.
7.b.
7.c.

J979

7.d.

1. Institutions that have adopted ASU 2016-13 should not deduct the allowance for credit losses on loans and leases from amounts
reported on this schedule.

03/2019

12/2024

073
FR Y-7NS
OMB Number 7100-0125
Approval expires September 30, 2024
Page 1 of 3
Board of Governors of the Federal Reserve System

Abbreviated Financial Statements of
U.S. Nonbank Subsidiaries Held by Foreign Banking
Organizations—FR Y-7NS
Report at the close of business as of the last calendar day in December

NOTE: The Abbreviated Financial Statements of U.S. Nonbank
Subsidiaries Held by Foreign Banking Organizations must be
signed by an authorized officer of the foreign banking organization.

Printed Name of Officer (FNBT C490)

Title of Officer (FNBT C491)

Signature of Officer (FNBT H321)

Date of Report:

Month / Day / Year (FNBK 9999)

AF

I, the undersigned officer of the foreign banking organization
attest that the FR Y-7NS reports listed on the following page(s)
for this report date have been prepared in conformance with the
instructions issued by the Federal Reserve System and are true
and correct to the best of my knowledge and belief.

The Abbreviated Financial Statements of U.S. Nonbank
Subsidiaries Held by Foreign Banking Organizations are to be
prepared in accordance with the instructions provided by the
Federal Reserve System. The Federal Reserve may not conduct
or sponsor, and an organization (or a person) is not required to
respond to, a collection of information unless it displays a currently valid OMB control number.

T

This Report is required by law: Section 5(c) of the Bank Holding
Company Act (12 U.S.C. § 1844); Section 7 and 13(a) of the
International Banking Act of 1978 (12 U.S.C. §§ 3106 and 3108
(a)); Section 25 of the FRA (12 U.S.C. §§ 601-604(a)); Section
25A of the FRA (12 U.S.C. §§ 611-631); and Section 225.5(b) of
Regulation Y (12 C.F.R. § 225.5(b)).

Legal Name of Foreign Banking Organization (TEXT 9010)

City (TEXT 9130)

Country (TEXT 9005)

D
R

Date of Signature (MM/DD/YYYY) (FNBT J196)

FNBK

Number of reports attested to under this signature ... J444

Return to the appropriate Federal Reserve District Bank the completed original and the number of copies specified by that District
Bank.

Person in the U.S. to whom questions about these reports should
be directed:

Name / Title (TEXT 8901)

Area Code / Phone Number (TEXT 8902)

For Federal Reserve Bank Use Only

FBO RSSD ID
SUB RSSD ID
C.I.

Area Code / FAX Number (TEXT 9116)

E-mail Address of Contact (TEXT 4086)
0=No FNBK
Is confidential treatment requested for any
portion of this report submission? ................. 1=Yes C447
In accordance with the General Instructions for this report
(check only one),
1. a letter justifying this request is being provided along
with the report (FNBK KY38) .........................................

2. a letter justifying this request has been provided
separately (FNBK KY38) ..............................................

Reporting institutions must maintain in their files a manually signed and attested printout of the data submitted.
Public reporting burden for this information collection is estimated to be 1 hour per response, including time to gather and maintain data in the required form and to review instructions and
complete the information collection. Comments regarding this burden estimate or any other aspect of this information collection, including suggestions for reducing the burden, may be sent
to Secretary, Board of Governors of the Federal Reserve System, 20th and C Streets, NW, Washington, DC 20551, and to the Office of Management and Budget, Paperwork Reduction
Project (7100-0125), Washington, DC 20503.

09/2021

12/2024