FFIEC 031 and 041 RI - INCOME STATEMENT
FFIEC 031 and 041 RI-11 RI - INCOME STATEMENT
(3-07)
Item No. Caption and Instructions
5.d.(1) Fees and commissions from securities brokerage.
Report fees and commissions from
securities brokerage activities, from the sale and servicing of mutual funds, from the purchase
and sale of securities and money market instruments where the bank is acting as agent for
other banks or customers, and from the lending of securities owned by the bank or by bank
customers (if these fees and commissions are not included in Schedule RI, item 5.a, “Income
from fiduciary activities,” or item 5.c, “Trading revenue”). However, exclude fees and
commissions from the sale of annuities (fixed, variable, and other) to bank customers by the
bank or any securities brokerage subsidiary (report such income in Schedule RI, item 5.d.(3),
“Fees and commissions from annuity sales”).
Also include the bank’s proportionate share of the income or loss before extraordinary items
and other adjustments from its investments in equity method investees that are principally
engaged in securities brokerage activities. Equity method investees include unconsolidated
subsidiaries; associated companies; and corporate joint ventures, unincorporated joint
ventures, general partnerships, and limited partnerships over which the bank exercises
significant influence.
5.d.(2) Investment banking, advisory, and underwriting fees and commissions.
Report fees and
commissions from underwriting (or participating in the underwriting of) securities, private
placements of securities, investment advisory and management services, merger and
acquisition services, and other related consulting fees. Include fees and commissions from
the placement of commercial paper, both for transactions issued in the bank's name and
transactions in which the bank acts as an agent for a third party issuer.
Also include the bank’s proportionate share of the income or loss before extraordinary items
and other adjustments from its investments in equity method investees that are principally
engaged in investment banking, advisory, or securities underwriting activities. Equity method
investees include unconsolidated subsidiaries; associated companies; and corporate joint
ventures, unincorporated joint ventures, general partnerships, and limited partnerships over
which the bank exercises significant influence.
5.d.(3) Fees and commissions from annuity sales.
Report fees and commissions from sales of
annuities (fixed, variable, and other) by the bank and any subsidiary of the bank and fees
earned from customer referrals for annuities to insurance companies and insurance agencies
external to the consolidated bank. Also include management fees earned from annuities.
However, exclude
fees and commissions from sales of annuities by the bank's trust
department (or by a consolidated trust company subsidiary) that are executed in a fiduciary
capacity (report in Schedule RI, item 5.a, "Income from fiduciary activities").
Also include the bank’s proportionate share of the income or loss before extraordinary items
and other adjustments from its investments in equity method investees that are principally
engaged in annuity sales. Equity method investees include unconsolidated subsidiaries;
associated companies; and corporate joint ventures, unincorporated joint ventures, general
partnerships, and limited partnerships over which the bank exercises significant influence.
5.d.(4) Underwriting income from insurance and reinsurance activities.
Report the amount of
premiums earned by bank subsidiaries engaged in insurance underwriting or reinsurance
activities. Include earned premiums from (a) life and health insurance and (b) property and
casualty insurance, whether (direct) underwritten business or ceded or assumed (reinsured)
business. Insurance premiums should be reported net of any premiums transferred to other
insurance underwriters/reinsurers in conjunction with reinsurance contracts.