What is the FR Y-9C report?

What is the FR Y-9C report?

The FR Y-9C is the Consolidated Financial Statements for Bank Holding Companies with total consolidated assets of $1 billion or more. The Y-9C is filed quarterly as of the last calendar day of March, June, September, and December.

What is FR y9?

FR Y-9 means the consolidated or parent-only financial statements that a holding company is required to file with the federal reserve board pursuant to 12 U.S.C. 1844.

What does FR Y 14 stand for?

Description: The FR Y-14A report collects detailed data on bank holding companies’ (BHCs), savings and loan holding companies’ (SLHCs), and intermediate holding companies’ (IHCs) quantitative projections of balance sheet assets and liabilities, income, losses, and capital across a range of macroeconomic scenarios and …

Are banks government controlled?

National banks must be members of the Federal Reserve System; however, they are regulated by the Office of the Comptroller of the Currency (OCC). The Federal Reserve supervises and regulates many large banking institutions because it is the federal regulator for bank holding companies (BHCs).

Do bank holding companies file call reports?

Use “Financial & Performance Reports” to determine which entity type files which financial report. For example, domestic bank holding companies with assets of $150 million or more file Consolidated Financial Statements (FR Y-9C Report), while banks file Consolidated Reports of Condition and Income (Call Report).

How often do companies file FR Y-9C?

The Y-9C is filed quarterly as of the last calendar day of March, June, September, and December. The FR Y-9LP report is the Parent Company Only Financial Statements for Large Bank Holding Companies. This report is filed by all domestic bank holding companies that file the FR Y-9C.

How often is FR Y-9C filed?

What is CCAR in banking?

The Comprehensive Capital Analysis and Review (CCAR) is an annual exercise by the Federal Reserve to assess whether the largest bank holding companies operating in the United States have sufficient capital to continue operations throughout times of economic and financial stress and that they have robust, forward- …

What are CCAR requirements?

Risk glossary Bank holding companies with consolidated assets of at least $50 billion are required to submit annual capital plans to the Fed describing their internal processes for determining capital adequacy, as well as planned capital distributions and the policies governing them.

What banks are not federally regulated?

The proposed rules identify the following five categories of non-federally regulated financial institutions which fall within the scope of the new regulations:

  • State-chartered non-depository trust companies.
  • Non-federally insured credit unions.
  • Private banks.
  • Non-federally insured state banks and savings associations.

Who oversees banks in the United States?

The OCC charters, regulates, and supervises all national banks and federal savings associations as well as federal branches and agencies of foreign banks. The OCC is an independent bureau of the U.S. Department of the Treasury.

What does a bank holding company do?

What Is a Bank Holding Company? A bank holding company is a corporation that owns a controlling interest in one or more banks but does not itself offer banking services. Holding companies do not run the day-to-day operations of the banks they own. However, they exercise control over management and company policies.

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