J.P. MORGAN CHASE BANK, N.A. 1A - 2015

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f Summarizes your average monthly and year-to-date balances, service charges and earnings allowance. It provides a step -by -step review of how your investable balance and earnings allowance were calculated. In the following descriptions, the term "month" refers to the number of calendar days the account is open within the month. ® Account Number /Group Account Number: The demand deposit account (DDA) number for this statement. For groups, the account number designated to represent a group of accounts in a relationship. QPage Numbers: Each page of the analysis is numbered consecutively and also reflects [tie total number of pages in the entire statement. © statement Period: The beginning and ending date of the statement. 0 Contact: Your IPMorgan Chase relationship manager or the department managing your relationship. QAccount Number: The number of the individual or group DDA covered by this Balance Analysis section. 0 Average Ledger Balance; The net sum of the daily positive and negative ledger balances for the month, divided by the number a( (lays in the month. The balance of the last preceding business day is used for weekends and holidays. ® Less Average Float: The difference between the average ledger balance and average collected balance for the month. IPMorgan Chase assigns float on deposited items based an our published availability schedules. QAverage Collected Balance: The net sum of the daily positive and negative collected balances for the month, divided by the number of clays in the month. a Average Negative Collected Balance The sum of the daily negative collected balances for the month, divided by the [lumbar of days in the month, This balance is used in determining the negative collected balance fee, which also appears in the Service Analysis section ofyour statement, Average Positive Collected Balance: The sum of the daily positive. collected balances for the month, divided by the number of days in the month. Less Reserve Requirement: file portion of the DDA balances that must be set aside by the bank to meet reserve requirements. This amount is not available to offset service charges. �} Average Investable Balance: file sum of the average positive collected balances, less reserve requirements (less loan compensating balances, if applicable). This is the balance on which the earnings credit rate (ECR) is applied. Balances Not Eligible for Earnings Allowance: The portion of tine investable balances that does not receive earnings credit. ® Balances Eligible for Earnings Allowance: The portion of the investable balances that receives earnings credit. Less Balance Required: Balance required to offset the current month's balance -based service charges. Excess (Deficit) Investable Balance: The excess or deficit in balances remaining after the balances required to offset the current month's balance• based service charges have been deducted. ® Reserve Adjustment Collected: The reserve adjustment is used for determining the collected balance position after offset of service charges. For excess investable balances, the reserve adjustment represents surplus reserves based on excess collected balances. For deficit investable balances, the reserve adjustment represents additional reserves based on dehcit collected balances. G Net Collected Balance Position: The net collected balance position Is the sum of the investable balance and the reserve adjustment. For excess balances, these positive collected funds are available to your company to meet other corporate obligations. For deficit balances, this is the additional positive collected balance required to offset all service charges. Earnings Credit Allowance: 1 "be calculated value of balances maintained during the month, which can be used to offset balance-based service charges. The ECR is displayed on each corresponding detailed DDA statement, IM Total Charge for Services: The sum of the charges for services rendered. This amount is detailed in the Service Analysis section. Will be either: A. Net Charge for Services: Amount due for services after deducting the total charge for services from the earnings credit allowance where the result is negative. B. Net Service Credit: Amount of excess credit remaining after the total charge for services has been deducted from the earnings credit allowance where the result is positive. Service Charge Amount: Net charge (total service charge after offset of earnings allowance), which wilt be debited from DDAyou have specified (or invoiced, ff applicable).