FFIEC 051 RI - INCOME STATEMENT
FFIEC 051 RI-26 RI - INCOME STATEMENT
(6-21)
Item No. Caption and Instructions
7.d (2) Expenses incurred in the sale of preferred and common stock (deduct such expenses
(cont.) from the sale proceeds and credit the net amount to the appropriate stock account.
For perpetual preferred and common stock only, report the net sales proceeds in
Schedule RI-A, item 5, "Sale, conversion, acquisition, or retirement of capital stock, net").
(3) Depreciation and other expenses related to the use of bank-owned automobiles,
airplanes, and other vehicles for bank business (report in Schedule RI, item 7.b,
"Expenses of premises and fixed assets").
(4) For institutions that have not adopted FASB Accounting Standards Update No. 2016-13
(ASU 2016-13), which governs the accounting for credit losses, write-downs of the cost
basis of individual held-to-maturity and available-for-sale securities for other-than-
temporary impairments that must be recognized in earnings (report in Schedule RI,
item 6.a, "Realized gains (losses) on held-to-maturity securities," and item 6.b, "Realized
gains (losses) on available-for-sale securities," respectively).
(5) For institutions that have adopted ASU 2016-13:
(a) Charge-offs of the cost basis of individual held-to-maturity and available-for-sale debt
securities resulting from credit losses (report as deductions from the applicable
allowance for credit losses in columns B and C, respectively, of Schedule RI-B,
Part II, item 3, “Charge-offs”); and
(b) Any write-off recorded when the fair value of an available-for-sale debt security is
less than its amortized cost basis and (i) the institution intends to sell the security or
(ii) it is more likely than not that the institution will be required to sell the security
before recovery of its amortized cost basis (report in Schedule RI, item 6.b, "Realized
gains (losses) on available-for-sale securities”).
(c) Provisions for credit losses on off-balance-sheet credit exposures; (report these
provisions in Schedule RI-B, Part II, Memorandum item 7, and include them in
Schedule RI, item 4, “Provision for loan and lease losses”).
(6) Revaluation adjustments to the carrying value of all assets and liabilities reported in
Schedule RC at fair value under a fair value option. Except as noted below, institutions
should report net decreases (increases) in fair value on such servicing assets and
liabilities in Schedule RI, item 5.f, and on such financial assets and liabilities in
Schedule RI, item 5.l. Institutions should report the portion of the total change in the fair
value of a fair value option liability resulting from a change in the instrument-specific
credit risk (“own credit risk”) in Schedule RI-A, item 10, “Other comprehensive income.”
Interest income earned and interest expense incurred on fair value option financial assets
and liabilities should be excluded from the net decreases (increases) in fair value and
reported in the appropriate interest income or interest expense items on Schedule RI.
7.e Total noninterest expense. Report the sum of items 7.a through 7.d.
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.
Report the institution’s pretax income from continuing operations before any change in net
unrealized holding gains (losses) on equity securities and other equity investments not held
for trading. This amount is determined by taking item 3, "Net interest income"; minus item 4,
"Provision for loan and lease losses";
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plus item 5.m, "Total noninterest income"; plus
item 6.a, "Realized gains (losses) on held-to-maturity securities"; plus item 6.b, "Realized
gains (losses) on available-for-sale securities," minus item 7.e, "Total noninterest expense."
If the result is negative, report it with a minus (-) sign.
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Note: Institutions that have adopted ASU 2016-13 should report provisions for credit losses on all assets and off-
balance-sheet credit exposures that fall within the scope of the ASU in Schedule RI, item 4.