Instructions for Form TR-100 "Trust Company Consolidated Report of Condition and Income" - Missouri

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TR-100 Instructions
Page 1
STATE OF MISSOURI
DIVISION OF FINANCE
P.O. Box 716
Jefferson City, Missouri 65102-0716
TRUST COMPANY - CONSOLIDATED
REPORT OF CONDITION AND INCOME
TR-100 INSTRUCTIONS
GENERAL INSTRUCTIONS
Consolidated Report of Condition and Income TR-100 should be completed on a fully consolidated basis including any
subsidiary of the reporting institution. Non-depository institutions with fiduciary and related services must complete the
report quarterly.
SECTION A – BALANCE SHEET
ASSETS
Item No.
Caption and Instructions
1.
Cash and balances due from depository institutions. Report the total of all interest-bearing and non-
interest-bearing balances due from FDIC insured financial institutions and currency and coin. Currency and
coin includes both U.S. and foreign currency and coin owned and held in all offices of the reporting institution.
Foreign currency and coin should be converted into U.S. dollar equivalents as of the report date. Deposit
accounts "due from" depository institutions that are overdrawn are to be reported as other liabilities for
borrowed money, item 9.
2.
Securities:
2.a.
Held-to-maturity securities. Report the amount from Part 1, item 7, under the applicable column.
2.b.
Available-for-sale securities. Report the amount from Part 1, item 7, under the applicable column.
3.
Assets held in trading accounts. Trading activities typically include (a) regularly underwriting or dealing in
securities; interest rate, foreign exchange rate, commodity, equity, and credit derivative contracts; other
financial instruments; and other assets for resale, (b) acquiring or taking positions in such items principally for
the purpose of selling in the near term or otherwise with the intent to resell in order to profit from short-term
price movements, and (c) acquiring or taking positions in such items as an accommodation to customers or for
other trading purposes. Assets, liabilities, and other financial instruments classified as trading shall be
consistently valued at fair value.
Exclude from this schedule all available-for-sale securities that do not satisfy the criteria for classification as
trading as described above. Available-for-sale securities are generally reported in item 2.b.
4.
Premises and fixed assets (including capitalized leases). Report the book value, less accumulated
depreciation or amortization, of all premises, equipment, furniture and fixtures purchased directly or acquired
by means of a capital lease. Any method of depreciation or amortization conforming to accounting principles
that are generally acceptable for financial reporting purposes may be used. However, depreciation for
premises and fixed assets may be based on a method used for federal income tax purposes if the results
would not be materially different from depreciation based on the asset's estimated useful life. Do not deduct
mortgages or other liens on such property.
Include as premises and fixed assets:
a. Premises that are actually owned and occupied (or to be occupied, if under construction) by the institution
or its consolidated subsidiaries.
b. Leasehold improvements, vaults, and fixed machinery and equipment.
Rev. 9/14
TR-100 Instructions
Page 1
STATE OF MISSOURI
DIVISION OF FINANCE
P.O. Box 716
Jefferson City, Missouri 65102-0716
TRUST COMPANY - CONSOLIDATED
REPORT OF CONDITION AND INCOME
TR-100 INSTRUCTIONS
GENERAL INSTRUCTIONS
Consolidated Report of Condition and Income TR-100 should be completed on a fully consolidated basis including any
subsidiary of the reporting institution. Non-depository institutions with fiduciary and related services must complete the
report quarterly.
SECTION A – BALANCE SHEET
ASSETS
Item No.
Caption and Instructions
1.
Cash and balances due from depository institutions. Report the total of all interest-bearing and non-
interest-bearing balances due from FDIC insured financial institutions and currency and coin. Currency and
coin includes both U.S. and foreign currency and coin owned and held in all offices of the reporting institution.
Foreign currency and coin should be converted into U.S. dollar equivalents as of the report date. Deposit
accounts "due from" depository institutions that are overdrawn are to be reported as other liabilities for
borrowed money, item 9.
2.
Securities:
2.a.
Held-to-maturity securities. Report the amount from Part 1, item 7, under the applicable column.
2.b.
Available-for-sale securities. Report the amount from Part 1, item 7, under the applicable column.
3.
Assets held in trading accounts. Trading activities typically include (a) regularly underwriting or dealing in
securities; interest rate, foreign exchange rate, commodity, equity, and credit derivative contracts; other
financial instruments; and other assets for resale, (b) acquiring or taking positions in such items principally for
the purpose of selling in the near term or otherwise with the intent to resell in order to profit from short-term
price movements, and (c) acquiring or taking positions in such items as an accommodation to customers or for
other trading purposes. Assets, liabilities, and other financial instruments classified as trading shall be
consistently valued at fair value.
Exclude from this schedule all available-for-sale securities that do not satisfy the criteria for classification as
trading as described above. Available-for-sale securities are generally reported in item 2.b.
4.
Premises and fixed assets (including capitalized leases). Report the book value, less accumulated
depreciation or amortization, of all premises, equipment, furniture and fixtures purchased directly or acquired
by means of a capital lease. Any method of depreciation or amortization conforming to accounting principles
that are generally acceptable for financial reporting purposes may be used. However, depreciation for
premises and fixed assets may be based on a method used for federal income tax purposes if the results
would not be materially different from depreciation based on the asset's estimated useful life. Do not deduct
mortgages or other liens on such property.
Include as premises and fixed assets:
a. Premises that are actually owned and occupied (or to be occupied, if under construction) by the institution
or its consolidated subsidiaries.
b. Leasehold improvements, vaults, and fixed machinery and equipment.
Rev. 9/14
TR-100 Instructions
Page 2
c. Remodeling costs to existing premises.
d. Real estate acquired and intended to be used for future expansion.
e. Parking lots that are used by customers or employees of the institution and its consolidated subsidiaries.
f.
Furniture, fixtures, and movable equipment of the institution and its consolidated subsidiaries.
g. Automobiles, airplanes, and other vehicles owned by the institution and used in the conduct of its
business.
h. The amount of capital lease property (with the institution as lessee): premises, furniture, fixtures, and
equipment. Standards for lease accounting are set forth in ASC Topic 840, Leases (formerly FASB
Statement No. 13, "Accounting for Leases," as amended and interpreted).
i.
Stocks and bonds issued by nonmajority-owned corporations whose principal activity is the ownership of
land, buildings, equipment, furniture, or fixtures occupied or used (or to be occupied or used) by the
institution or its consolidated subsidiaries.
Exclude from premises and fixed assets:
a. Original paintings, antiques, and similar valuable objects (report in Item 5 "Other Assets").
b. Favorable leasehold rights Favorable leasehold rights (report in Item 5 "Other Assets").
5.
Other Assets. Report all other assets that cannot be properly reported in items 1 through 4 above. Report all
receivables such as fees that have been earned but not collected. Report all prepaid expenses such as
insurance premiums.
Report the amount of the company's investments in the stock of all subsidiaries that have not been
consolidated, associated companies and those corporate joint ventures over which the reporting company
exercises significant influence. Report the institutions direct and indirect investments in real estate ventures.
Report the carrying amount of goodwill as adjusted for any impairment losses. ASC Subtopic 350-20,
Intangibles-Goodwill and Other – Goodwill (formerly FASB Statement No. 142, “Goodwill and Other Intangible
Assets”) provides guidance for testing and reporting goodwill impairment losses. Intangible assets primarily
result from business combinations accounted for under the acquisition method. The accounting and reporting
standards for business combinations are set forth in ASC Topic 805, Business Combinations (formerly FASB
Statement No. 141 (revised 2007), "Business Combinations").
Describe all amounts that exceed 25% of this item.
6.
Total Assets. Report the sum of items 1 through 5.
LIABILITIES
7.
Accounts Payable. Report all short term obligations due resulting from operations.
8.
Taxes Payable. Report the net amount after offsetting deferred tax assets (net of valuation allowance) and
deferred tax liabilities measured at the report date for a particular tax jurisdiction if the net result is a credit
balance.
9.
Other liabilities for borrowed money. Report the amount borrowed by the trust company or its consolidated
subsidiaries.
a. On its promissory notes.
b. By overdrawing "due from” balances with depository institutions.
c. On any obligation for the purpose of borrowing money not reported elsewhere.
Rev. 9/14
TR-100 Instructions
Page 3
10.
Other liabilities. Report all other assets that cannot be properly reported in items 7 through 9 above. Include
all other expenses accrued through charges to expense during the current or prior periods, but not yet paid.
Describe amounts that exceed 25% of this item.
11.
Total Liabilities. Report the sum of items 7 through 10.
EQUITY CAPITAL
12.
Preferred Stock. Report the amount of perpetual preferred stock issued, including any amounts received in
excess of its par or stated value.
13.
Common Stock. Report the aggregate par or stated value of common stock issued and outstanding.
14.
Surplus. Report the net amount formally transferred to the surplus account, including capital contributions,
adjustments arising from treasury stock transactions, and any amount received for common stock in excess of
its par or stated value on or before the report date.
Do not include any portion of the proceeds received from the sale of preferred stock in excess of its par or
stated value (report in item 9, 10, or 12, as appropriate).
15.a. Undivided Profits. Report the amount of undivided profits (retained earnings) and capital reserves. The
amount of the retained earnings and capital reserves should reflect transfers of net income, declarations of
dividends, transfers to surplus, and any other appropriate entries.
Adjustments of accruals and other accounting estimates made shortly after the report date which relate to the
income and expenses of the year-to-date period ended as of the report date must be reported in the
appropriate items of Section B – Income Statement, for that year-to-date period.
Capital reserves are segregations of retained earnings and are not to be reported as liability accounts or as
reductions of asset balances. Capital reserves may be established for such purposes as:
1. Reserve for undeclared stock dividends – includes amounts set aside to provide for stock dividends (not
cash dividends) not yet declared.
2. Reserve for undeclared cash dividends – includes amounts set aside for cash dividends on common and
preferred stock not yet declared. (Cash dividends declared but not yet payable should be included in item
10, "Other liabilities.”)
3. Retirement account (for limited-life preferred stock or subordinated notes and debentures) – includes
amounts allocated under the plan for retirement of limited-life preferred stock or subordinated notes and
debentures contained in the institutions articles of association or in the agreement under which such stock
or notes and debentures were issued.
4. Reserve for contingencies – includes amounts set aside for possible unforeseen or indeterminate liabilities
not otherwise reflected on the institutions books and not covered by insurance. This reserve may include,
for example, reserves set up to provide for possible losses which the institution may sustain because of
lawsuits, the deductible amount under the institutions blanket bond, defaults on obligations for which the
company is contingently liable, or other claims against the institution. A reserve for contingencies
represents a segregation of retained earnings. It should not include any element of known losses or of any
probable incurred losses the amount of which can be estimated with reasonable accuracy.
Exclude from retained earnings:
1. Any portion of the proceeds received from the sale of common stock in excess of its par or stated value,
report in item 14.
2. Any portion of the proceeds received from the sale of preferred stock in excess of its par or stated value,
report in item 9, 10, or 12, as appropriate).
Rev. 9/14
TR-100 Instructions
Page 4
3. "Reserves" that reduce the related asset balances such as valuation allowances, reserves for
depreciation, and reserves for bond premiums.
15.b. Net unrealized holding gains (losses) on available-for-sale securities. Include in this item:
1. Net unrealized holding gains (losses) on available-for-sale securities (including debt securities transferred
into the available-for-sale category from the held-to-maturity category), i.e., the difference between the
amortized cost and the fair value of the reporting institutions available-for-sale securities (excluding any
available-for-sale securities previously written down as other-than-temporarily impaired). For most
institutions, all "securities," as that term is defined in ASC Topic 320, Investments-Debt and Equity
Securities (formerly FASB Statement No. 115, “Accounting for Certain Investments in Debt and Equity
Securities”), that are designated as "available-for-sale" will be reported as "Available-for-sale securities"
under item 2.b, and in Part 1 under the appropriate column. However, an institution may have certain
assets that fall within the definition of "securities" in ASC Topic 320 (e.g., nonrated industrial development
obligations) that it has designated as "available-for-sale" and reports in a balance sheet category other
than "Securities" for purposes of the Report of Condition. These "available-for-sale" assets must be carried
on the Report of Condition balance sheet at fair value rather than amortized cost and the difference
between these two amounts, net of tax effects, also must be included in this item.
2. The unamortized balance of the unrealized holding gain (loss) that existed at the date of transfer of a debt
security transferred into the held-to-maturity category from the available-for-sale category. Consistent with
ASC Topic 320, when a debt security is transferred from the available-for-sale category into the held-to-
maturity category, the unrealized holding gain (loss) at the date of transfer continues to be reported in this
account, but must be amortized over the remaining life of the security as an adjustment of yield in a
manner consistent with the amortization of any premium or discount.
3. The unaccreted portion of other-than-temporary impairment losses on available-for-sale and held-to-
maturity debt securities that was not recognized in earnings in accordance with ASC Topic 320, plus the
accumulated amount of subsequent decreases (if not other-than-temporary impairment losses) or
increases in the fair value of available-for-sale debt securities previously written down as other-than-
temporarily impaired.
16.
Total Equity Capital. Report the sum of items 12 through 15b.
Total Liabilities and Equity Capital. Report the sum of items 11 and 16. This item must equal item 6, “Total
17.
assets.”
PART 1 – SECURITIES
GENERAL INSTRUCTIONS
This schedule has two columns for information on securities: one column for held-to-maturity securities (intent and ability
to hold until maturity) and one column for available-for-sale securities (No intent or ability to hold until maturity). Report
the amortized cost of held-to-maturity securities in the first column, items 1 through 7. Report the market or fair value of
available-for-sale debt securities in the second column and for held-to-maturity securities on item 8. Equity securities with
readily determinable market values are reported as available-for-sale securities only.
Exclude from this schedule all securities held for trading. Securities held for trading and securities reported under a fair
value option are to be reported in Section A – Balance Sheet, item 3, "Assets held in trading accounts."
In general, amortized cost is the purchase price of a debt security adjusted for amortization of premium or accretion of
discount if the debt security was purchased at other than par or face value. As defined in ASC Topic 820, Fair Value
Measurements and Disclosures (formerly FASB Statement No. 157, “Fair Value Measurements”), fair value is “the price
that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants
at the measurement date.”
Item No.
Caption and Instructions
Rev. 9/14
TR-100 Instructions
Page 5
1.
U.S. Treasury Securities. Report in the appropriate column the amortized cost or fair value of all U.S.
Treasury securities not held in trading accounts. Include all bills, certificates of indebtedness, notes, and
bonds, including those issued under the Separate Trading of Registered Interest and Principal of Securities
(STRIPS) program and those that are "inflation-indexed."
2.
U.S. Government Agency and Corporate Obligations. Report in the appropriate column the amortized cost
or fair value of all U.S. Government agency and corporate obligations not held for trading. For purposes of
these reports, a U.S. Government agency is defined as an instrumentality of the U.S. Government whose debt
obligations are fully and explicitly guaranteed as to the timely payment of principal and interest by the full faith
and credit of the U.S. Government. U.S. Government-sponsored agencies are defined as agencies originally
established or chartered by the U.S. Government to serve public purposes specified by the U.S. Congress but
whose debt obligations are not explicitly guaranteed by the full faith and credit of the U.S. Government.
3.
Securities issued by states and political subdivisions in the U.S. Report in the appropriate column the
amortized cost or fair value of all securities issued by states and political subdivisions in the United States not
held for trading.
States and political subdivisions in the U.S., for purposes of this report, include:
a. The fifty States of the United States and the District of Columbia and their counties, municipalities, school
districts, irrigation districts, and drainage and sewer districts.
b. The governments of Puerto Rico and of the U.S. territories and possessions and their political
subdivisions.
Securities issued by states and political subdivisions in the U.S. include:
a. General obligations, which are securities whose principal and interest will be paid from the general tax
receipts of the state or political subdivision.
b. Revenue obligations, which are securities whose debt service is paid solely from the revenues of the
projects, financed by the securities rather than from general tax funds.
c. Industrial development and similar obligations, which are discussed below.
4.
Other bonds, notes, and debentures. Report in the appropriate column the amortized cost or fair value of all
other bonds, notes, and debentures not held for trading that cannot be properly reported in items 1 through 3
above.
5.
Common and preferred stock. Report the market value of common and preferred stock purchased for
investment.
6.
Investment in mutual funds. Report the market value of mutual funds registered under the Investment
Company Act of 1940, exchange traded funds (ETF’s), and unit investment trusts (UIT’s).
7.
Total. Sum of items 1 through 6. Totals must equal Section A, items 2.a. and 2.b.
MEMORANDUM (included in above items)
8.
Mortgage derivative products and collateralized mortgage obligations. Report in the appropriate column
the amortized cost or fair value of all residential and commercial mortgage-backed securities, including
mortgage pass-through securities, collateralized mortgage obligations (CMOs), real estate mortgage
investment conduits (REMICs), CMO and REMIC residuals, stripped mortgage-backed securities (such as
interest-only strips (IOs), principal-only strips (POs), and similar instruments), and mortgage-backed
commercial paper not held for trading. Include mortgage-backed securities issued by non-U.S. issuers.
9.
Market value of held-to-maturity securities. Report the market value of held-to-maturity securities included
in item 7.
PART 2 – CHANGES IN EQUITY CAPITAL
Total equity capital includes perpetual preferred stock, common stock, surplus, undivided profits (retained earnings), and
net unrealized holding gains (losses) on available-for-sale securities. All amounts other than those reported in items 1 and
Rev. 9/14
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