Bank of New York Mellon : FRY9C June 2019

FR Y-9C

OMB Number 7100-0128

Approval expires

Page 1 of 69

Board of Governors of the Federal Reserve System

Consolidated Financial Statements for

Holding Companies-FRY-9C

Report at the close of business as of the last calendar day of the quarter

This Report is required by law: Section 5(c) of the Bank Holding Company Act (12 U.S.C. 1844) and Section 225.5(b) of Regulation

Y (12 C.F.R. § 225.5(b)) and Section 10 of the Home Owners Loan Act (12 U.S.C. § 1467a(b)).

This report form is to be filed by holding companies with total consolidated assets of $1 billion or more. In addition, holding companies meeting certain criteria must file this report (FR Y-9C)

regardless of size. See page 1 of the general instructions for further information. However, when such holding companies own or control, or are owned or controlled by, other holding companies, only the top-tier holding company must file this report for the co- solidated holding company organization. The Federal Reserve may not conduct or sponsor, and an organization (or a person) is not required to respond to, a collection of information unless it displays a currently valid OMB control number.

NOTE: Each holding company's board of directors and senior man-	Date of Report:	June 30, 2019
agement are responsible for establishing and maintaining an effec-		Month / Date / Year (BHCK 9999)
tive system of internal control, including controls over the
Consolidated Financial Statements for Holding Companies. The
Consolidated Financial Statements for Holding Companies is to be
prepared in accordance with instructions provided by the Federal
Reserve System. The Consolidated Financial Statements for Holding
Companies must be signed and attested by the Chief Financial
Officer (CFO) of the reporting holding company (or by the individual
performing this equivalent function).
I, the undersigned CFO (or equivalent) of the named holding
company, attest that the Consolidated Financial Statements for
Holding Companies (including the supporting schedules) for this
report date have been prepared in conformance with the instruc-
tions issued by the Federal Reserve System and are true and
correct to the best of my knowledge and belief.

Printed Name of Chief Financial Officer (or Equivalent) (BHCK C490)

Signature of Chief Financial Officer (or Equivalent) (BHCK H321)

Date of Signature (MM/DD/YYYY) (BHTX J196)

The Bank of New York Mellon Corporation

Legal Title of Holding Company (RSSD 9017)

240 Greenwich Street /

(Mailing Address of the Holding Company) Street / P.O. Box (RSSD 9110)

New York	NY	10286
City (RSSD 9130)	State (RSSD 9200)	Zip Code (RSSD 9220)

For Federal Reserve Bank Use Only

RSSD ID _________________________________

C.I. ______________ S.F. ______________

Person to whom questions about this report should be directed:

Name / Title (BHTX 8901)

Area Code / Phone Number (BHTX 8902)

Area Code / FAX Number (BHTX 9116)

E-mail Address of Contact (BHTX 4086)

Holding companies must maintain in their files a manually signed and attested printout of the data submitted.

Public reporting burden for this information collection is estimated to vary from 5 to 1,250 hours per response, with an average of 47.11 hours per response for non-Advanced Approaches HCs and 48.36 hours for Advanced Approaches HCs, including time to gather and maintain data in the required form and to review instructions and complete the information collection. Comments

regarding this burden estimate or any other aspect of this information collection, including suggestions for reducing the burden, may be sent to Secretary, Board of Governors of the Federal

Reserve System, 20th and C Streets, NW, Washington, DC 20551, and to the Office of Management and Budget, Paperwork Reduction Project (7100-0128), Washington, DC 20503.

03/2019

The Bank of New York Mellon Corporation		For Federal Reserve Bank Use Only	FR Y-9C
Legal Title of Bank		RSSD ID _______________	Page 2 of 69
RSSD ID: 3587146		S.F. _________

Report of Income for Holding Companies

Report all Schedules of the Report of Income on a calendar year-to-date basis.

Schedule HI-Consolidated Income Statement

Dollar Amounts in Thousands		BHCK	Amount
1. Interest income
a. Interest and fee income on loans:
(1) In domestic offices:
(a) Loans secured by 1-4 family residential properties....................................................................		4435	156,000	1.a.(1)(a)
(b) All other loans secured by real estate........................................................................................		4436	76,000	1.a.(1)(b)
(c) All other loans............................................................................................................................		F821	547,000	1.a.(1)(c)
(2) In foreign offices, Edge and Agreement subsidiaries, and IBFs......................................................		4059	168,000	1.a.(2)
b. Income from lease financing receivables..............................................................................................		4065	22,000	1.b.
c. Interest income on balances due from depository institutions1.............................................................		4115	373,000	1.c.

1. Interest and dividend income on securities:
   (1) U.S. Treasury securities and U.S. government agency obligations

		(excluding mortgage-backed securities)..........................................................................................	B488	275,000	1.d.(1)
	(2)	Mortgage-backed securities............................................................................................................	B489	883,000	1.d.(2)
	(3)	All other securities...........................................................................................................................	4060	257,000	1.d.(3)
e.	Interest income from trading assets.....................................................................................................	4069	75,000	1.e.
f.	Interest income on federal funds sold and securities purchased under agreements
	to resell................................................................................................................................................	4020	1,042,000	1.f.
g.	Other interest income...........................................................................................................................	4518	16,000	1.g.
h.	Total interest income (sum of items 1.a through 1.g)............................................................................	4107	3,890,000	1.h.

2. Interest expense

a. Interest on deposits:

(1) In domestic offices:

		(a) Time deposits of $250,000 or less.............................................................................................	HK03	86,000	2.a.(1)(a)
		(b) Time deposits of more than $250,000........................................................................................	HK04	233,000	2.a.(1)(b)
		(c) Other deposits............................................................................................................................	6761	153,000	2.a.(1)(c)
	(2)	In foreign offices, Edge and Agreement subsidiaries, and IBFs......................................................	4172	352,000	2.a.(2)
b.	Expense on federal funds purchased and securities sold under agreements to
	repurchase...........................................................................................................................................	4180	703,000	2.b.
c.	Interest on trading liabilities and other borrowed money
	(excluding subordinated notes and debentures)...................................................................................	4185	557,000	2.c.
d.	Interest on subordinated notes and debentures and on mandatory convertible
	securities..............................................................................................................................................	4397	20,000	2.d.
e.	Other interest expense.........................................................................................................................	4398	139,000	2.e.
f.	Total interest expense (sum of items 2.a through 2.e)..........................................................................	4073	2,243,000	2.f.
3. Net interest income (item 1.h minus item 2.f).............................................................................................	4074	1,647,000	3.
4. Provision for loan and lease losses2..........................................................................................................	JJ33	10,000	4.
5. Noninterest income:
a.	Income from fiduciary activities............................................................................................................	4070	4,685,000	5.a.
b.	Service charges on deposit accounts in domestic offices.....................................................................	4483	206,000	5.b.
c.	Trading revenue3..................................................................................................................................	A220	336,000	5.c.
d.	(1)	Fees and commissions from securities brokerage……................................................................…	C886	665,000	5.d.(1)
	(2)	Investment banking, advisory, and underwriting fees and commissions..........................................	C888	24,000	5.d.(2)
	(3)	Fees and commissions from annuity sales.....................................................................................	C887	4,000	5.d.(3)
	(4)	Underwriting income from insurance and reinsurance activities......................................................	C386	1,000	5.d.(4)
	(5)	Income from other insurance activities............................................................................................	C387	0	5.d.(5)
e.	Venture capital revenue........................................................................................................................	B491	6,000	5.e.
f.	Net servicing fees.................................................................................................................................	B492	0	5.f.
g.	Net securitization income.....................................................................................................................	B493	0	5.g.

1. Includes interest income on time certificates of deposit not held for trading.
2. Institutions that have adopted ASU 2016-13 should report in item 4, the provisions for credit losses for all financial assets that fall within the scope of the standard.
3. For holding companies required to complete Schedule HI, memoranda item 9, trading revenue reported in Schedule HI, item 5.c must equal the sum

of memoranda items 9.a through 9.e.

03/2019

	The Bank of New York Mellon Corporation				FR Y-9C
Legal Title of Bank			Page 3 of 67
	RSSD ID: 3587146
	Schedule HI-Continued
				Dollar Amounts in Thousands	BHCK	Amount
5.	h.	Not applicable
		i.	Net gains (losses) on sales of loans and leases.......................................................................................	8560	0	5.i.
		j.	Net gains (losses) on sales of other real estate owned............................................................................	8561	0	5.j.
		k.	Net gains (losses) on sales of other assets4 ............................................................................................	B496	0	5.k.
		l.	Other noninterest income5........................................................................................................................	B497	252,000	5.l.
		m.	Total noninterest income (sum of items 5.a through 5.l)...........................................................................	4079	6,179,000	5.m.
6.	a.	Realized gains (losses) on held-to-maturity securities..............................................................................	3521	0	6.a.
		b.	Realized gains (losses) on available-for-sale securities...........................................................................	3196	8,000	6.b.
7.	Noninterest expense:
		a.	Salaries and employee benefits................................................................................................................	4135	2,945,000	7.a.
		b.	Expenses of premises and fixed assets (net of rental income)
			(excluding salaries and employee benefits and mortgage interest).........................................................	4217	431,000	7.b.
		c.	(1) Goodwill impairment losses.................................................................................................................	C216	0	7.c.(1)
			(2) Amortization expense and impairment losses for other intangible assets...........................................	C232	59,000	7.c.(2)
		d.	Other noninterest expense6......................................................................................................................	4092	1,911,000	7.d.
		e.	Total noninterest expense (sum of items 7.a through 7.d)........................................................................	4093	5,346,000	7.e.

8. a. Income (loss) before unrealized holding gains (losses) on equity securities not held for trading, applicable income taxes, and discontinued

	operations (item 3 , 5.m, 6.a, 6.b, minus items 4 and 7.e)........................................................................	HT69	2,478,000	8.a.
	b. Unrealized holding gains (losses) on equity securities not held for trading7………………………….……	HT70	0	8.b.
	c. Income (loss) before applicable income taxes and discontinued
	operations (sum of items 8.a and 8.b)......................................................................................................	4301	2,478,000	8.c.
9.	Applicable income taxes (foreign and domestic)............................................................................................	4302	501,000	9.
10.	Income (loss) before discontinued operations (item 8.c. minus item 9).........................................................	4300	1,977,000	10.
11.	Discontinued operations, net of applicable income taxes8..............................................................................	FT28	0	11.
12.	Net income (loss) attributable to holding company and noncontrolling
	(minority) interests (sum of items 10 and 11).................................................................................................	G104	1,977,000	12.
13.	LESS: Net income (loss) attributable to noncontrolling (minority) interests
	(if net income, report as a positive value; if net loss, report as a negative value)..........................................	G103	14,000	13.
14.	Net income (loss) attributable to holding company (item 12 minus item 13)..................................................	4340	1,963,000	14.

1. Exclude net gains(losses) on sales of trading assets and held-to-maturity and available-for-sale securities.
2. See Schedule HI, memoranda item 6.
3. See Schedule HI, memoranda item 7.
4. Item 8.b is to be completed only by holding companies that have adopted ASU 2016-01, which includes provisions governing the accounting for investments in equity securities. See the instructions for further detail on ASU 2016-01.
5. Describe on Schedule HI, memoranda item 8.

Memoranda

	Dollar Amounts in Thousands	BHCK	Amount
1.	Net interest income (item 3 above) on a fully taxable equivalent basis..........................................................	4519	1,656,000	M.1.
2.	Net income before applicable income taxes, and discontinued operations (item 8.c. above)
	on a fully taxable equivalent basis..................................................................................................................	4592	2,486,000	M.2.
3.	Income on tax-exempt loans and leases to states and political subdivisions in the U.S.
	(included in Schedule HI, items 1.a and 1.b, above)......................................................................................	4313	0	M.3.
4.	Income on tax-exempt securities issued by states and political subdivisions in the U.S.
	(included in Schedule HI, item 1.d.(3), above)................................................................................................	4507	22,000	M.4.
5.	Number of full-time equivalent employees at end of current period	BHCK	Number
	(round to nearest whole number)....................................................................................................................	4150	49,100	M.5.
6.	Other noninterest income (from Schedule HI, item 5.l, above) (only report amounts greater
	than $100,000 that exceed 7 percent of Schedule HI, item 5.l):	BHCK	Amount
	a. Income and fees from the printing and sale of checks..............................................................................	C013	0	M.6.a.
	b. Earnings on/increase in value of cash surrender value of life insurance..................................................	C014	62,000	M.6.b.
	c. Income and fees from automated teller machines (ATMs).......................................................................	C016	0	M.6.c.

NOTE: The concept of extraordinary items has been eliminated from U.S. generally accepted accounting principles for fiscal years, and
interim periods within those fiscal years, beginning after December 15, 2015. References to extraordinary items in the captions for
Schedule HI, items 8, 10, and 11 and HI memo item 2 will be removed at a later date.	03/2019

	The Bank of New York Mellon Corporation				FR Y-9C
Legal Title of Bank			Page 4 of 69
	RSSD ID: 3587146
	Schedule HI-Continued
	Memoranda-Continued
				Dollar Amounts in Thousands	BHCK	Amount
	6. d.	Rent and other income from other real estate owned..............................................................................		4042	0	M.6.d.
	e. Safe deposit box rent................................................................................................................................		C015	0	M.6.e.
	f. Bank card and credit card interchange fees.............................................................................................		F555	0	M.6.f.
	g. Income and fees from wire transfer..........................................................................................................	T047	57,000	M.6.g
		TEXT
	h.	8562	Loan Commitment Fees	8562	63,000	M.6.h.
		TEXT
	i.	8563	Realized Investment Losses	8563	(63,000)	M.6.i.
		TEXT
	j.	8564				8564	0	M.6.j.

7. Other noninterest expense (from Schedule HI, item 7.d, above) (only report amounts greater than $100,000 that exceed 7 percent of the sum of Schedule HI, item 7.d):

a.	Data processing expenses.......................................................................................................................		C017	0	M.7.a.
b.	Advertising and marketing expenses........................................................................................................		0497	0	M.7.b.
c.	Directors' fees...........................................................................................................................................		4136	0	M.7.c.
d.	Printing, stationery, and supplies..............................................................................................................		C018	0	M.7.d.
e.	Postage.....................................................................................................................................................		8403	0	M.7.e.
f.	Legal fees and expenses..........................................................................................................................		4141	0	M.7.f.
g.	FDIC deposit insurance assessments......................................................................................................		4146		M.7.g.
h.	Accounting and auditing expenses...........................................................................................................		F556	0	M.7.h.
i.	Consulting and advisory expenses...........................................................................................................		F557	0	M.7.i.
j.	Automated teller machine (ATM) and interchange expenses...................................................................		F558	0	M.7.j.
k.	Telecommunications expenses................................................................................................................		F559	0	M.7.k.
l.	Other real estate owned expenses...........................................................................................................		Y923	0	M.7.l.
m. Insurance expenses (not included in employee expenses, premises and fixed assets
	expenses, and other real estate owned expenses.).................................................................................	Y924	0	M.7.m.
	TEXT
n.	8565	Software	8565	431,000	M.7.n.
	TEXT
o.	8566	Purchased Services	8566	423,000	M.7.o.
	TEXT
p.	8567	Distribution Clearing Subcustodian Charges	8567	405,000	M.7.p.

8. Discontinued operations and applicable income tax effect (from Schedule HI, item 11) (itemize and describe each discontinued operation):

		TEXT
a.	(1)	FT29					FT29	0	M.8.a.(1)
	(2)	Applicable income tax effect.................................................................	BHCK	FT30	0			M.8.a.(2)
		TEXT
b.	(1)	FT31					FT31	0	M.8.b.(1)
	(2)	Applicable income tax effect.................................................................	BHCK	FT32	0			M.8.b.(2)

9. Trading revenue (from cash instruments and derivative instruments) (Sum of items 9.a through 9.e must equal Schedule HI, item 5.c.)

Memorandum items 9.a through 9.e are to be completed by holding companies that reported
total trading assets of $10 million or more for any quarter of the preceding calendar year:
a.	Interest rate exposures.............................................................................................................................		8757	39,000	M.9.a.
b.	Foreign exchange exposures....................................................................................................................		8758	310,000	M.9.b.
c.	Equity security and index exposures.........................................................................................................		8759	(9,000)	M.9.c.
d.	Commodity and other exposures..............................................................................................................		8760	0	M.9.d.
e.	Credit exposures.......................................................................................................................................		F186	(4,000)	M.9.e.

NOTE: The concept of extraordinary items has been eliminated from U.S. generally accepted accounting principles for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. References to extraordinary items in the captions for Schedule HI, memo item 8.b. will be removed at a later date.

06/2018

	The Bank of New York Mellon Corporation					FR Y-9C
Legal Title of Bank				Page 5 of 69
	RSSD ID: 3587146
	Schedule HI-Continued
	Memoranda-Continued
				Dollar Amounts in Thousands	BHCK	Amount
	Memoranda items 9.f and 9.g are to be completed by holding companies with $100 billion or more
	in total assets that are required to complete Schedule HI, Memorandum items 9.a through 9.e,
	above. 1
9.	f.	Impact on trading revenue of changes in the creditworthiness of the holding company's
			derivatives counterparties on the holding company's derivative assets (included in
			Memorandum items 9.a through 9.e above)..............................................................................................		K090	1,000	M.9.f.
		g. Impact on trading revenue of changes in the creditworthiness of the holding company on the
			holding company's derivative liabilities (included in Memorandum items 9.a through 9.e.
			above)…………………………………….....................................................................................................	K094	0	M.9.g.
	Memorandum items 10.a and 10.b are to be completed by holding companies with $10 billion or more
	in total consolidated assets. 1
10.	Net gains (losses) recognized in earnings on credit derivatives that economically hedge credit
		exposures held outside the trading account:
		a. Net gains (losses) on credit derivatives held for trading............................................................................		C889	0	M.10.a.
		b. Net gains (losses) on credit derivatives held for purposes other than trading............................................		C890	0	M.10.b.
11.	Credit losses on derivatives (see instructions)................................................................................................		A251	0	M.11.
	Memorandum item 12.a is to be completed by holding companies with $1 billion or more in total
	assets. 1
	12. a.	Income from the sale and servicing of mutual funds and annuities (in domestic offices)...........................		8431	502,000	M.12.a.
		b. (1) Premiums on insurance related to the extension of credit....................................................................		C242	0	M.12.b.(1)
			(2) All other insurance premiums..............................................................................................................		C243	1,000	M.12.b.(2)
		c. Benefits, losses, and expenses from insurance-related activities..............................................................		B983	0	M.12.c.
13.	Does the reporting holding company have a Subchapter S election in effect for	0=No	BHCK
		federal income tax purposes for the current tax year? (Enter "1" for Yes; enter "0" for No.)..............	1=Yes	A530	0	M.13.
				Dollar Amounts in Thousands		BHCK	Amount
	Memorandum item 14 is to be completed by bank companies that have elected to account for
	assets and liabilities under a fair value option.
14.	Net gains (losses) recognized in earnings on assets and liabilities that are reported at
		fair value under a fair value option:
		a. Net gains (losses) on assets.....................................................................................................................		F551	0	M.14.a.
			(1) Estimated net gains (losses) on loans attributable to changes in instrument-specific
			credit risk……………...........................................................................................................................	F552	0	M.14.a.(1)
		b. Net gains (losses) on liabilities..................................................................................................................		F553	0	M.14.b.
			(1) Estimated net gains (losses) on liabilities attributable to changes in instrument-specific
			credit risk………………………………..................................................................................................	F554	0	M.14.b.(1)
15.	Stock-based employee compensation expense (net of tax effects) calculated for all
		awards under the fair value method................................................................................................................		C409	120,000	M.15.
	Memorandum item 16 is to be completed by holding companies that are required to			Year-to-date
	complete Schedule HC-C, Memorandum items 6.b and 6.c and is to be completed		BHCK	Amount
	semiannually in the June and December reports only.
16.	Noncash income from negative amortization on closed-end loans secured by 1-4 family
		residential properties (included in Schedule HI, item 1.a.(1)(a)).....................................................................		F228	0	M.16.
17.	Other-than-temporary impairment losses on held-to-maturity and available-for-sale debt
		..................................................securities recognized in earnings(included in Schedule HI,item 6a and 6b)2		J321	0	M.17

1.	The asset-size test is based on the total assets reported as of June 30, 2018.	03/2019
2.	Memorandum item 17 is to be completed only by institutions that have not adopted ASU 2016-13.