RF » Topics » TRADING ACCOUNT ASSETS

These excerpts taken from the RF 10-K filed Feb 25, 2009.

Trading Account Assets

Trading account assets decreased $41.1 million to $1.1 billion at December 31, 2008. Trading account assets, which consist of U.S. Government agency and guaranteed securities and corporate and tax-exempt securities, are primarily held at Morgan Keegan for the purpose of selling at a profit. Also included in trading account assets are securities held in rabbi trusts related to deferred compensation plans. Trading account assets are carried at market value with changes in market value reflected in the consolidated statements of operations. Table 13 “Trading Account Assets” provides a detail by type of security.

Trading Account Assets

STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%">Trading account assets decreased $41.1 million to $1.1 billion at December 31, 2008. Trading account assets, which consist of U.S. Government agency
and guaranteed securities and corporate and tax-exempt securities, are primarily held at Morgan Keegan for the purpose of selling at a profit. Also included in trading account assets are securities held in rabbi trusts related to deferred
compensation plans. Trading account assets are carried at market value with changes in market value reflected in the consolidated statements of operations. Table 13 “Trading Account Assets” provides a detail by type of security.

TRADING ACCOUNT ASSETS

Trading account assets, which are primarily held for the purpose of selling at a profit, consist of debt and marketable equity securities and are carried at estimated fair value. Gains and losses, both realized and unrealized, are included in brokerage, investment banking and capital markets income. Trading account net gains (losses) totaled $(2.1) million (including $42.6 million of net unrealized losses), $32.0 million (including $2.2 million of net unrealized losses) and $40.1 million (including $169,000 of net unrealized losses) in 2008, 2007 and 2006, respectively.

TRADING ACCOUNT ASSETS

FACE="Times New Roman" SIZE="2">Trading account assets, which are primarily held for the purpose of selling at a profit, consist of debt and marketable equity securities and are carried at estimated fair value. Gains and losses, both realized and
unrealized, are included in brokerage, investment banking and capital markets income. Trading account net gains (losses) totaled $(2.1) million (including $42.6 million of net unrealized losses), $32.0 million (including $2.2 million of net
unrealized losses) and $40.1 million (including $169,000 of net unrealized losses) in 2008, 2007 and 2006, respectively.

These excerpts taken from the RF 10-K filed Feb 27, 2008.

TRADING ACCOUNT ASSETS

Trading account assets, which are primarily held for the purpose of selling at a profit, consist of debt and marketable equity securities and are carried at estimated fair value. Gains and losses, both realized and unrealized, are included in brokerage and investment banking income. Trading account net gains totaled $14.1 million (including $2.2 million of net unrealized losses), $27.9 million (including $169,000 of net unrealized losses) and $6.9 million (including $667,000 of net unrealized losses) in 2007, 2006 and 2005, respectively.

TRADING ACCOUNT ASSETS

FACE="Times New Roman" SIZE="2">Trading account assets, which are primarily held for the purpose of selling at a profit, consist of debt and marketable equity securities and are carried at estimated fair value. Gains and losses, both realized and
unrealized, are included in brokerage and investment banking income. Trading account net gains totaled $14.1 million (including $2.2 million of net unrealized losses), $27.9 million (including $169,000 of net unrealized losses) and $6.9 million
(including $667,000 of net unrealized losses) in 2007, 2006 and 2005, respectively.

This excerpt taken from the RF 10-K filed Mar 1, 2007.

TRADING ACCOUNT ASSETS

Trading account assets, which are held for the purpose of selling at a profit, consist of debt and marketable equity securities and are carried at estimated fair value. Gains and losses, both realized and unrealized, are included in brokerage and investment banking income. Trading account net gains totaled $27.9 million (including $169,000 of net unrealized losses), $6.9 million (including $667,000 of net unrealized losses) and $9.5 million (including $3.2 million of net unrealized gains) in 2006, 2005 and 2004, respectively.


 

83


REGIONS FINANCIAL CORPORATION

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

 

This excerpt taken from the RF 10-K filed Mar 9, 2006.
Trading account assets: Estimated fair values, which are the amounts recognized in the consolidated statements of condition, are based on quoted market prices, where available. If quoted market prices are not available, estimated fair values are based on quoted market prices of comparable instruments.

     

"TRADING ACCOUNT ASSETS" elsewhere:

Synovus Financial (SNV)
UnionBanCal (UB)
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki