How to Read the Fed's Structure Data for U.S. Offices of Foreign Banks — Office Types, Assets and Listing Changes

As of 6 November 2026, 00:22 KST (retrieved by this page at that time); most recently published data: the Federal Reserve's structure report on U.S. offices of foreign banking organizations as of June 30, 2026 (release page last updated October 6, 2026). The Federal Reserve says the data are generally released three months after each quarter-end, so the September 30, 2026 report would be expected around the end of 2026; the cited pages give no exact date. Primary source: https://www.federalreserve.gov/releases/iba/202606/bytype.htm^[1][3][5]

Comparison basis: amounts are in millions of dollars as printed in each report's office-type TOTAL rows, which are rounded to whole millions. The report prints no grand total, so the group and overall figures are this page's sums of the published type totals; calculated percentage changes are this page's, rounded half up to one decimal. The March and June reports are separate quarterly editions read in full by this page.^[1][2]

In three lines

1. This quarterly Federal Reserve report lists every U.S. office of a foreign banking organization, by office type, with its parent, home country and assets.
2. On June 30, 2026, uninsured state branches held $2,332,191 million in assets, 4.3% more than on March 31 (this page's calculation).
3. Branches and agencies together held $3,594,159 million and bank subsidiaries $1,379,718 million (this page's sums).^[1][4]

Source and coverage. "The Federal Reserve collects the data from the quarterly Call Report (Report of Condition and Income), which is administered on behalf of the federal bank regulatory agencies by the Federal Financial Institutions Examination Council." This report's listed offices are in the 50 states and DC: "Offices located in Puerto Rico, American Samoa, Guam, the Virgin Islands and other U.S.-affiliated insular areas are excluded." The offices covered include U.S. branches and agencies of foreign banks; bank subsidiaries, defined in two ways, as U.S. commercial banks more than 25 percent owned by a foreign banking organization, or U.S. commercial banks whose relationship with one is reported as controlling by the filer of the FR Y-10 form; Edge Act and agreement corporations; representative offices; and New York State investment companies. Representative offices have no financial data, so their 0 in the asset column means no financial data, not zero assets.^[4]

How offices are listed. "Each report shows asset totals and subtotals for the categories displayed." Each office is shown with its direct foreign parent and, where there are several layers of ownership, its top-tier parent. Where several top-tier parents own one foreign bank: "In these cases, the structure reports only list the U.S. office one time." "Only one top-tier parent is listed."^[3][4]

Timing. "Data are collected as of the end of the month for March, June, September and December, and generally are released three months later."^[3]

Branches and agencies vs bank subsidiaries. Branches and agencies of foreign banks held 72.2% of the assets listed on June 30, 2026 (this page's calculation), and grew 2.9% from March, against 0.3% for bank subsidiaries. The report does not establish why the two groups moved differently.^[1][2]

One office vs a type total. Uninsured federal branches rose by $6,777 million in total, while the Royal Bank of Canada branch listed as ROYAL BK CAN THRE WRLD FNCL BR rose by $32,838 million and the MUFG Bank New York branch fell by $21,931 million (this page's calculations from the office rows). A type total can thus hide large offsetting moves at single offices.^[1][2]

Same office, different row. The reports list some offices under different names or office types. The same office identifier (3135631, in the ASCII files of both reports) appears as BANCO DE CREDITO MIAMI AGY, an uninsured state agency with $635 million, in March and as BANCO DE CREDITO MIAMI BR, an uninsured state branch with $992 million, in June; in both it carries code A, which the report's notes define as "A - BRANCH IS CONSIDERED TO BE AN AGENCY UNDER STATE LAW" (a code definition, quoted as printed). This alone does not establish a change in legal licensing. Several MUFG Bank offices also appear under different names. A row present in only one report is not necessarily an opened or closed office.^[1][2]

Offices vs assets. The June report lists 371 offices and the March report 373 (this page's counts of office rows, including representative offices with no financial data), while listed assets rose. Office counts and assets measure different things, and the report does not explain individual entries or exits.^[1][2]