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FR Y-9C Cross-Schedule Reconciliation Matrix

Purpose: Document all tie-outs between FR Y-9C schedules Version: 1.0 Last Updated: 2026-01-28


Overview

This matrix documents how all FR Y-9C schedules interconnect. Each schedule detail ties back to the master Schedule HC (Consolidated Balance Sheet) or Schedule HI (Consolidated Income Statement).


Master Reconciliation Hierarchy

SCHEDULE HC (Balance Sheet)
│
├─── Item 2 (Securities)
│    └── HC-B Item 8 (Total Securities)
│        ├── Column B: AFS Fair Value → HC Item 2.b
│        ├── Column C: HTM Amortized Cost → HC Item 2.a
│        └── Detail: Items 1-7 by security type
│
├─── Item 4 (Loans)
│    └── HC-C (Loan Portfolio)
│        ├── Items 1-9: Gross loans by type
│        ├── Item 10: Unearned income
│        ├── Item 11: Allowance → HC Item 4.c
│        ├── Item 12: Net loans → HC Item 4.b
│        └── Links to: HC-N (Past Due Detail)
│
├─── Item 5 (Trading Assets)
│    └── HC-D Item 12 (Total Trading Assets)
│        ├── Items 1-5: Securities
│        ├── Item 6: Loans
│        ├── Item 9: Other trading assets
│        └── Item 11: Derivatives → HC-L Fair Values
│
├─── Item 11 (Other Assets)
│    └── HC-F Item 12 (Total Other Assets)
│        └── Items 1-11: Other asset components
│
├─── Item 15 (Trading Liabilities)
│    └── HC-D Item 15 (Total Trading Liabilities)
│        ├── Item 13: Short positions
│        └── Item 14: Derivatives → HC-L Fair Values
│
├─── Item 20 (Other Liabilities)
│    └── HC-G Item 6 (Total Other Liabilities)
│        └── Items 1-5: Other liability components
│
├─── Item 28 (Total Equity)
│    └── HC-R Part I (Regulatory Capital)
│        ├── CET1 components from equity
│        ├── Deductions
│        └── Capital ratios
│
└─── All Items
     ├── HC-H: Interest sensitivity buckets
     ├── HC-K: Quarterly averages
     ├── HC-Q: Fair value hierarchy
     └── HC-S: Securitization activities


SCHEDULE HI (Income Statement)
│
├─── Item 3 (NII)
│    └── Item 1 (Interest Income) - Item 2 (Interest Expense)
│
├─── Item 6.b (Trading Revenue)
│    └── HI-M: Trading revenue by product type
│
└─── Item 12 (Net Income)
     └── Flows to HC Item 26 (Retained Earnings)

Detailed Tie-Out Formulas

Schedule HC ↔ Schedule HC-B (Securities)

HC Item HC-B Item Formula MDRM
2 8 Total securities (no single Y-9C code — see note)
2.a 8 Col C HTM amortized cost BHCKJJ34
2.b 8 Col B AFS fair value BHCT1773
2.c M5 Equity securities w/ FV BHCKJA22

Validation:

HC Item 2 = HC Item 2.a + HC Item 2.b + HC Item 2.c
(total securities) = BHCKJJ34 + BHCT1773 + BHCKJA22

Note: the FR Y-9C has no single consolidated total-securities MDRM; total securities is the sum of its three components above. 8641 ("TOTAL SECURITIES") is a Call Report code (RCFD8641 / RCON8641), not a Y-9C BHCK/BHCT code.


Schedule HC ↔ Schedule HC-C (Loans)

HC Item HC-C Item Description MDRM
4.a 10 Loans held for sale BHCT5369
4.b Items 1-9 - 10 Loans net of unearned BHCTB528
4.c 11 Allowance for loan losses BHCT3123
4.d 12 Net loans and leases BHCKB529

Validation:

HC-C Item 12 = Sum(Items 1-9) - Item 10 - Item 11
BHCKB529 = [Real Estate + Ag + C&I + Consumer + Other + Leases] - Unearned - Allowance

HC Item 4.d = HC Item 4.a + HC Item 4.b - HC Item 4.c


Schedule HC ↔ Schedule HC-D (Trading)

HC Item HC-D Item Description MDRM
5 12 Total trading assets BHCT3545
15 15 Total trading liabilities BHCT3548

Validation:

HC Item 5 = HC-D Item 12 (exact match)
HC Item 15 = HC-D Item 15 (exact match)

HC-D Item 12 = Items 1 + 2 + 3 + 4 + 5 + 6 + 9 + 11
HC-D Item 15 = Items 13 + 14


Schedule HC-D ↔ Schedule HC-L (Derivatives)

HC-D Item HC-L Items Description
11 Fair Value Positive Derivatives positive FV
14 Fair Value Negative Derivatives negative FV

Validation:

HC-D Item 11 (BHCT3543) =
  Trading Positive FV (BHCK8733 + BHCK8734 + BHCK8735 + BHCK8736)
  + Non-Trading Positive FV (BHCK8741 + BHCK8742 + BHCK8743 + BHCK8744)

HC-D Item 14 (BHCT3547) =
  Trading Negative FV (BHCK8737 + BHCK8738 + BHCK8739 + BHCK8740)
  + Non-Trading Negative FV (BHCK8745 + BHCK8746 + BHCK8747 + BHCK8748)


Schedule HC ↔ Schedule HC-F (Other Assets)

HC Item HC-F Item Description MDRM
6 6 Premises and fixed assets BHCK2145
7 7 Other real estate owned BHCT2150
8 8 Investments in unconsolidated subs BHCK2130
9 9 RE venture investments BHCK3656
10.a 10.a Goodwill BHCK3163
10.b 10.b Other intangible assets BHCK0426
11 12 Total other assets BHCT2160

Validation:

HC-F Item 12 = Sum(Items 1-11)
HC Item 11 = HC-F Item 12


Schedule HC ↔ Schedule HC-G (Other Liabilities)

HC Item HC-G Item Description MDRM
20 6 Total other liabilities BHCK2750

Validation:

HC-G Item 6 = Sum(Items 1-5)
HC Item 20 = HC-G Item 6


Schedule HC-C ↔ Schedule HC-N (Past Due)

HC-N breaks down the same loan categories as HC-C by delinquency status:

Loan Category HC-C HC-N 30-89 HC-N 90+ HC-N Nonaccrual
Real estate Item 1 BHCK5526 BHCK1422 BHCK3492
C&I Item 4 BHCK1606 BHCK1607 BHCK1608
Consumer Item 5 BHCK5383 BHCK5384 BHCK5385
Total Item 12 BHCK5524 BHCK5525 BHCK1403

Validation:

For each loan category:
HC-N (30-89 + 90+ + Nonaccrual) ≤ HC-C balance
(Past due amounts cannot exceed total loan balance)


Schedule HC ↔ Schedule HC-R (Capital)

HC Item HC-R Part I Item Description
28 (Equity) Starting point CET1 calculation
10.a (Goodwill) Item 7 Deducted from CET1
10.b (Intangibles) Item 8 Deducted from CET1

Validation:

Starting equity reconciliation:
HC Item 28 (Total Equity) ≈
  HC-R Item 1 (Common stock + surplus)
  + HC-R Item 2 (Retained earnings)
  + AOCI adjustments
  + Minority interest

Capital ratio validation:
CET1 Ratio = HC-R Item 19 / HC-R Part II Item 31
Tier 1 Ratio = HC-R Item 24 / HC-R Part II Item 31
Total Capital Ratio = HC-R Item 30 / HC-R Part II Item 31


Schedule HC-H (Interest Sensitivity) Validation

HC-H totals should approximate balance sheet items:

HC-H Item HC Item Description
Item 4 Total ~Items 1-4 Total IB assets
Item 7 Total ~Items 13-16,19 Total IB liabilities

Validation:

HC-H Item 4, Total ≈ Securities + Loans + Other earning assets
HC-H Item 7, Total ≈ Deposits + Borrowings + Sub debt


Schedule HC-K (Averages) Validation

HC-K Item Related HC Item Description
Item 9 Item 12 Average total assets
Item 14 Item 21 Average total liabilities
Item 15 Item 28 Average total equity

Validation:

HC-K Item 9 ≈ (Beginning HC Item 12 + Ending HC Item 12) / 2
HC-K Item 9 ≈ HC-K Item 14 + HC-K Item 15 (Assets = Liabilities + Equity)


Schedule HC ↔ Schedule HI (Income Statement)

Connection From To
Net Income HI Item 12 HC Item 26 (Retained Earnings)
Provision HI Item 4 Change in HC Item 4.c (Allowance)
Trading Revenue HI Item 6.b HC-D trading positions

Validation:

Change in Retained Earnings ≈ Net Income - Dividends

Allowance change ≈ Provision - Charge-offs + Recoveries


Schedule HC-Q (Fair Value) Reconciliation

HC-Q Item Related Schedule MDRM
Item 7 (Total assets at FV) HC (recurring FV assets) BHCKG502 (Col A, row "Total assets measured at fair value")
Item 2 (AFS Securities) HC-B Item 8 Col B BHCK1773
Item 14 (Total liabs at FV) HC (recurring FV liabilities) BHCKG531 (Col A, row "Total liabilities measured at fair value")

Validation:

HC-Q per row: Column A (Total FV on HC) = Level 1 + Level 2 + Level 3 − netting
HC-Q Item 7 (BHCKG502) = Σ items 1-6 (each column)
HC-Q Item 14 (BHCKG531) = Σ items 8-13 (each column)


Quick Reference: Primary Tie-Outs

HC Item Detail Schedule Detail Item MDRM Match
2 HC-B 8 (sum: 1773+JJ34+JA22)
4.c HC-C 11 BHCT3123
4.d HC-C 12 BHCKB529
5 HC-D 12 BHCT3545
11 HC-F 12 BHCT2160
15 HC-D 15 BHCT3548
20 HC-G 6 BHCK2750

Data Quality Validation Checklist

Balance Sheet Validations

  • [ ] Total Assets (Item 12) = Sum(Items 1-11)
  • [ ] Total Liabilities (Item 21) = Sum(Items 13-20)
  • [ ] Item 12 = Item 21 + Item 22 + Item 28
  • [ ] HC Item 5 = HC-D Item 12
  • [ ] HC Item 11 = HC-F Item 12
  • [ ] HC Item 15 = HC-D Item 15
  • [ ] HC Item 20 = HC-G Item 6

Derivatives Validations

  • [ ] HC-D Item 11 = Sum(HC-L positive fair values)
  • [ ] HC-D Item 14 = Sum(HC-L negative fair values)

Capital Validations

  • [ ] CET1 Ratio within expected range (4.5%+)
  • [ ] Tier 1 Ratio ≥ CET1 Ratio
  • [ ] Total Capital Ratio ≥ Tier 1 Ratio
  • [ ] Leverage Ratio within expected range (4%+)

Cross-Period Validations

  • [ ] YTD figures ≥ prior quarter YTD
  • [ ] Averages between beginning and ending balances
  • [ ] No unexplained large period-over-period changes

Common Discrepancy Sources

Issue Likely Cause Resolution
Small $ differences Rounding Accept if < $1M
Prefix mismatches Domestic vs. consolidated Verify BHCK vs. BHCT
Date misalignment Code changes Check HISTORICAL_CODE_TRANSITIONS.csv
Missing data Below threshold Verify reporting requirements

Last Updated: 2026-01-28