FR Y-11 - Report on Assets and Liabilities of U.S. Nonbank Subsidiaries Guide¶
Overview¶
The FR Y-11 collects financial data for individual U.S. nonbank subsidiaries of domestic holding companies, including: - Balance sheet information - Income statement data - Off-balance sheet exposures - Equity capital changes
Filing Requirements¶
FR Y-11 (Quarterly)¶
Who Files: Top-tier holding companies file for each nonbank subsidiary where: - Total assets >= $1 billion, OR - Total off-balance sheet activity >= $5 billion, OR - Equity capital >= 5% of consolidated top-tier equity capital
FR Y-11S (Annual)¶
Who Files: Subsidiaries with: - Assets >= $250 million but < $500 million - Not meeting quarterly filing thresholds
OMB Control Number: 7100-0244
The legacy 7100-0073 cited in older materials is superseded for the FR Y-11; 7100-0073 now covers the FR Y-7N family (US nonbank subsidiaries of foreign banking organizations).
Key Schedules¶
| Schedule | Description |
|---|---|
| Schedule BS | Balance Sheet |
| Schedule BS-A | Loans and Lease Financing Receivables |
| Schedule BS-M | Memoranda (off-balance-sheet and other memoranda items) |
| Schedule IS | Income Statement (calendar year-to-date) |
| Schedule IS-A | Changes in Equity Capital |
| Schedule IS-B | Changes in Allowance for Credit Losses (retitled from "Allowance for Loan and Lease Losses" under CECL) |
Covered Subsidiary Types¶
The FR Y-11 covers nonbank subsidiaries including: - Broker-dealers - Asset managers - Insurance companies - Finance companies - Real estate subsidiaries - Technology subsidiaries - Special purpose vehicles
Key MDRM Codes¶
| Mnemonic | Item Code | Description |
|---|---|---|
| BHCS | 2170 | Total Assets |
| BHCS | 2948 | Total Liabilities |
| BHCS | 3210 | Total Equity Capital |
| BHCS | 4340 | Net Income (Loss) |
| BHCS | 1763 | Goodwill |
| BHCS | 1773 | Other Intangible Assets |
Relationship to Consolidated Reporting¶
| Level | Report | Coverage |
|---|---|---|
| Consolidated | FR Y-9C | All subsidiaries combined |
| Bank Subsidiary | Call Report | Individual bank data |
| Nonbank Subsidiary | FR Y-11 | Individual nonbank data |
Analytical Uses¶
- Legal Entity Analysis: Individual subsidiary financial health
- Resolution Planning: Entity-level data for living wills
- Intercompany Exposures: Track upstream/downstream transactions
- Operational Risk: Identify concentrated nonbank activities
Relationship to Other Forms¶
- FR Y-9C: Consolidated parent; Y-11 entities should reconcile
- FR Y-10: Organizational structure changes
- FR Y-6: Annual ownership and control report
- FR Y-7N: Foreign nonbank subsidiary equivalent
Data Sources¶
- Instructions: FR Y-11 Instructions
- Data Dictionary:
csv/FR_Y11_FOREIGN_SUBSIDIARY.csv - Bulk Data: Available through FFIEC NIC
Notes¶
- Not all fields publicly disclosed
- Critical for CCAR/stress testing subsidiary impacts
- Filing thresholds updated periodically
- Intercompany transactions should be clearly identified