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;/ gg pp t t' ,' i r � <br />i5 'E. 'L,, t,.." 2.. ? ". ii`A i 6 a i 3 kt� ` &' i, .,,,:'i M_ , t i a r ..d l § 2 ..:. <br />This listing of terms and definitions is provided so that you can easily <br />review how the Account Analysis figures were calculated, <br />Average Collected Balance: The net sum <br />of the daily ending positive and negative <br />collected balances for the nmonlh, divided <br />by t"he number of days In the month. The <br />average collected balance is the average <br />ledger balance. less average float. <br />Average Float: The difference between the <br />average (edger balance and the average <br />collected balance for the month, tPMorgan <br />Chase assigns float on deposited items <br />based on our published availability <br />schedules. <br />Average Investable Balance: The average <br />positive collected batance. less reserve <br />requirement (less Innn compensating <br />balances, if applicable). This is the balance <br />on which the ECR is applied. <br />Average [edger Balance: The net sum <br />of the daily positive and negative ledger <br />balances for the mouth, divided by the <br />number of days in the month- <br />Average Negative Collected Balance: <br />The daily negative collected balances <br />for the month, divided by the number of <br />days in the month. This balance is used <br />in determining the negative collected <br />balance fee. <br />Average Positive Collected Balanco: The <br />daily positive collected balances for the <br />month divided by the number of days in <br />the month. <br />Average Year to Date: The balance analysis <br />tine calculations averaged for the calendar <br />year, when an account Is opener) during <br />the. year, this column represents the <br />average since the accountwas opened. <br />Balance-Based Service Charges: Service <br />charges that can be offset by tire caain gs <br />credit allowance. <br />is <br />Balance Required: Balance required to <br />offset the current month's balance -based <br />service charges. This amount is calculated <br />by dividing the total charge for services by <br />the ECR, their multiptying by the number <br />of days in the yea rand dividing by the <br />number of days in [he month. <br />Balances Brought Forward: For accounts <br />on a settlement cycle other than monthly, <br />this represents the excess balances carried <br />over from prior months to be accumulated <br />within the current month. <br />Balances Taken Forward: For accounts <br />on settlement cycle other than monthly, <br />this represents the excess balances <br />accumulated within the analysis cycle, <br />which wilt be carried over to the next <br />month, <br />Charges Brought Forward: For accounts <br />Oil a settlement cycle other than monthly, <br />this represents the amount of service <br />charges carried over from prior months to <br />be accumulated within the analysis cycle. <br />Charges Taken Forward: For accounts on <br />a settlement cycle other than monthly, <br />this represents the amount of service <br />charges accumulated within tire analysis <br />cycle, which wilt lie carried over to the next <br />month, <br />Collected Balance: Ledger balance <br />less float. <br />Credit Requirement: If required, the <br />collected balance that must be maintained <br />for credit services. The balance has been <br />adjusted try the DDA reserve amount. <br />Earnings Credit Allowance. Calculated <br />value of balances maintained during <br />the month, which can be used to offset <br />balance -base[ service charges. This <br />amount is cairulated by multiplying tire <br />average investable batance, times the ECR, <br />times the number of day, in the mouth, <br />divided by the number of days in the year. <br />Earnings Credit Rate: The rate used to <br />value your average investable balance. <br />Excess (Deficit) Earnings Allowance: <br />Difference between the earnings credit <br />allowance and the balmue -wised service <br />charges. <br />Excess (Deficit) Investable Balance: The <br />excess or deficit in balances remaining <br />afterthe balances required to offset the <br />current month's balance -based service <br />charges have been deducted. <br />FDIC Assessment: A pass - through fee <br />based on each $1,000 of the monthly <br />average ledger balance, times the current <br />premium rate. <br />Fee -Based Service Charges: Service <br />charges that cannot be offset by lire <br />earnings credit allowance: <br />Impact to Average Balance: The balance <br />adjustment amount multiplied times the <br />number of effective days then divided by <br />the total number of days In the period. <br />Impact Earnings Allowance: The amount <br />that is added or subtracted from the <br />Earnings Allowance as a result of balance <br />adjustments. <br />(continued) <br />