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This document serves as a financial reporting form required by law for small bank holding companies with total consolidated assets of less than $500 million. It includes financial statements and necessary
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How to fill out fr y-9sp - federalreserve

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How to fill out FR Y-9SP

01
Gather the financial statements of the bank holding company including the balance sheet, income statement, and cash flow statement.
02
Obtain a copy of the FR Y-9SP form from the Federal Reserve's website or your regulatory body.
03
Fill in the top section of the form with the banking institution's name, address, and the reporting period.
04
Enter the total assets, total liabilities, and equity in the corresponding sections of the data page.
05
Complete all applicable schedules, including OFF-Balance Sheet items and parent company financial data, ensuring accuracy.
06
Review for completeness and accuracy in reporting all required financial metrics.
07
Submit the completed form by the required deadline to the Federal Reserve.

Who needs FR Y-9SP?

01
Bank holding companies with total consolidated assets of $500 million or more are required to file the FR Y-9SP.
02
These companies must also file annually or quarterly depending on their size and regulatory requirements.
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Time Schedule for Data Collection The FR Y-9C and FR Y-9LP are filed quarterly as of the end of March, June, September, and December. The filing deadline for the FR Y-9C is 40 calendar days after the March 31, June 30, and September 30 as-of dates and 45 calendar days after the December 31 as-of date.
Parent Company Only Financial Statements for Small Holding Companies.
The report was initiated as the FR Y-9 in 1978. In 1985, the report was revised to parallel the Report of Condition and Income (Call Report) for commercial banks, and in June 1986, it was extensively revised and split into two reports: FR Y 9LP (parent-company-only statements) and FR Y 9C (consolidated statements).
This report collects basic financial data from a domestic bank holding company (BHC), a savings and loan holding company (SLHC), a U.S intermediate holding company (IHC) and a securities holding company (SHC) on a consolidated basis in the form of a balance sheet, an income statement, and detailed supporting schedules,
The Annual Report of Holding Companies (FR Y-6) is required to be signed by one director of the top-tier holding company. This individual should also be a senior official of the top-tier holding company.
FR Y-9C. Quarterly report filed by bank holding companies with the Federal Reserve. It contains consolidated balance sheet and income statement with detailed schedules including a schedule for off-balance-sheet items and regulatory capital.
FR Y-9C and FR Y-9LP data are collected quarterly. FR Y-9SP is collected semiannually.

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The FR Y-9SP is a standardized financial report that bank holding companies (BHCs) in the United States file with the Federal Reserve. It provides detailed information regarding the financial condition and performance of the BHCs.
All bank holding companies that have total consolidated assets of $500 million or more are required to file the FR Y-9SP report.
To fill out the FR Y-9SP, institutions must collect their financial data, complete the necessary sections of the report which include balance sheet, income statement, and equity capital, ensuring compliance with the Federal Reserve's guidelines.
The purpose of FR Y-9SP is to collect accurate and consistent financial data from bank holding companies for the Federal Reserve's regulatory and supervisory purposes, aiding in the assessment of their financial health and risk.
The FR Y-9SP requires reporting of consolidated financial statements which include balance sheet items, income statement items, capital disclosures, and any applicable off-balance-sheet items.
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