# ASC 320-942-50: Investments—Debt Securities — Financial Services—Depository and Lending — 50 Disclosure Source: FASB Accounting Standards Codification, Basic View [Read online](https://asc.understandingaccounting.org/asc/320/942/#50-disclosure) Study and research edition. Verify current requirements with the official source. Summaries, enrichment, and tags are machine-generated study aids. Paragraph html preserves source markup; snippet is abbreviated. Pending content is not necessarily effective. Tables and mathematical or amendment markup are retained as HTML where Markdown would lose structure. Source downloaded (UTC): 2026-09-09T23:36:10.916Z to 2026-09-09T23:36:10.916Z Record version: sha256:8652bdd8e21a8f696a232c3318fd4dc71947609346849024bcc9877c1f3e1145 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 320-942-50: 50 Disclosure [Read section](https://asc.understandingaccounting.org/asc/320/942/#50-disclosure) SEC content: no ##### [320-942-50-1](https://asc.understandingaccounting.org/asc/320/942/#320-942-50-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:36:10.916Z to 2026-09-09T23:36:10.916Z Record version: sha256:7466db4b710d0056766817516ad8a5d29a7c6858d201ba7bdfd1ca9016fa551b Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. For purposes of the disclosure requirements of paragraphs [320-10-50-1 through 50-3](https://asc.understandingaccounting.org/asc/320/10/#320-10-50-1) and [320-10-50-5 through 50-5C](https://asc.understandingaccounting.org/asc/320/10/#320-10-50-5), the term _financial institutions_ includes banks, savings and loan associations, savings banks, credit unions, finance companies, and insurance entities. ##### [320-942-50-1A](https://asc.understandingaccounting.org/asc/320/942/#320-942-50-1A) Pending content: no Source downloaded (UTC): 2026-09-09T23:36:10.916Z to 2026-09-09T23:36:10.916Z Record version: sha256:d1600fa69752d2733f772fb7dda9de5e169ac1ae0f9c2d812137c62e87235e55 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The disclosures in paragraphs [942-320-50-1 through 50-3](https://asc.understandingaccounting.org/asc/320/942/#320-942-50-1) are required for interim and annual periods. ##### [320-942-50-2](https://asc.understandingaccounting.org/asc/320/942/#320-942-50-2) Pending content: yes Source downloaded (UTC): 2026-09-09T23:36:10.916Z to 2026-09-09T23:36:10.916Z Record version: sha256:c7626b281c98a6ec41b01656c9e39eced82ca660af9024342792b810a991661f Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. In complying with the requirements in paragraph [942-320-50-1](https://asc.understandingaccounting.org/asc/320/942/#320-942-50-1), financial institutions shall include in their disclosure all of the following major security types, although additional types also may be necessary: 1. a Equity securities, segregated by any one of the following: 1. 1 Industry type 2. 2 Entity size 3. 3 Investment objective. 2. b Debt securities issued by the U.S. Treasury and other U.S. government corporations and agencies 3. c Debt securities issued by states of the United States and political subdivisions of the states 4. d Debt securities issued by foreign governments 5. e Corporate debt securities 6. f Residential mortgage-backed securities 7. ff Commercial mortgage-backed securities 8. fff Collateralized debt obligations 9. g Other debt obligations. Transition date:(P) December 16, 2027; (N) December 16, 2028Transition guidance: [270-10-65-1](https://asc.understandingaccounting.org/asc/270/10/#270-10-65-1)In complying with the requirements in paragraph [942-320-50-1](https://asc.understandingaccounting.org/asc/320/942/#320-942-50-1), financial institutions shall include in their disclosure in interim and annual reporting periods all of the following major security types, although additional types also may be necessary: 1. a Equity securities, segregated by any one of the following: 1. 1 Industry type 2. 2 Entity size 3. 3 Investment objective. 2. b Debt securities issued by the U.S. Treasury and other U.S. government corporations and agencies 3. c Debt securities issued by states of the United States and political subdivisions of the states 4. d Debt securities issued by foreign governments 5. e Corporate debt securities 6. f Residential mortgage-backed securities 7. ff Commercial mortgage-backed securities 8. fff Collateralized debt obligations 9. g Other debt obligations. ##### [320-942-50-2A](https://asc.understandingaccounting.org/asc/320/942/#320-942-50-2A) Pending content: yes Source downloaded (UTC): 2026-09-09T23:36:10.916Z to 2026-09-09T23:36:10.916Z Record version: sha256:8538ad974134ef1e60e3fd887ab85762f1c4878f53f386833848a4039d8ebab0 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. Investments in mutual funds that invest only in U.S. government debt securities may be shown separately rather than grouped with other equity securities in the disclosures by major security type required by paragraph [942-320-50-2](https://asc.understandingaccounting.org/asc/320/942/#320-942-50-2). Transition date:(P) December 16, 2027; (N) December 16, 2028Transition guidance: [270-10-65-1](https://asc.understandingaccounting.org/asc/270/10/#270-10-65-1)For interim and annual reporting periods, investments in mutual funds that invest only in U.S. government debt securities may be shown separately rather than grouped with other equity securities in the disclosures by major security type required by paragraph [942-320-50-2](https://asc.understandingaccounting.org/asc/320/942/#320-942-50-2). ##### [320-942-50-3](https://asc.understandingaccounting.org/asc/320/942/#320-942-50-3) Pending content: yes Source downloaded (UTC): 2026-09-09T23:36:10.916Z to 2026-09-09T23:36:10.916Z Record version: sha256:acf18a10516c967f7d00af0566657e06d83840a173880742a3ce817fe236e56d Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. In complying with this requirement, financial institutions shall disclose the net carrying amount of debt securities based on at least 4 maturity groupings: 1. a Within 1 year 2. b After 1 year through 5 years 3. c After 5 years through 10 years 4. d After 10 years. Securities not due at a single maturity date, such as mortgage-backed securities, may be disclosed separately rather than allocated over several maturity groupings. If allocated, the basis for allocation also shall be disclosed. Transition date:(P) December 16, 2027; (N) December 16, 2028Transition guidance: [270-10-65-1](https://asc.understandingaccounting.org/asc/270/10/#270-10-65-1)In complying with this requirement, financial institutions shall disclose the net carrying amount of debt securities in interim and annual reporting periods based on at least 4 maturity groupings: 1. a Within 1 year 2. b After 1 year through 5 years 3. c After 5 years through 10 years 4. d After 10 years. Securities not due at a single maturity date, such as mortgage-backed securities, may be disclosed separately rather than allocated over several maturity groupings. If allocated, the basis for allocation also shall be disclosed. ##### [320-942-50-3A](https://asc.understandingaccounting.org/asc/320/942/#320-942-50-3A) Pending content: yes Source downloaded (UTC): 2026-09-09T23:36:10.916Z to 2026-09-09T23:36:10.916Z Record version: sha256:d55a3f6623e74fe487177736823508330af2ae6566988a89ae88c3339b396091 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. A financial institution that is a public business entity shall disclose the fair value of the debt securities based on at least 4 maturity groupings: 1. a Within 1 year 2. b After 1 year through 5 years 3. c After 5 years through 10 years 4. d After 10 years. Securities not due at a single maturity date, such as mortgage-backed securities, may be disclosed separately rather than allocated over several maturity groupings. If allocated, the basis for allocation also shall be disclosed. Transition date:(P) December 16, 2027; (N) December 16, 2028Transition guidance: [270-10-65-1](https://asc.understandingaccounting.org/asc/270/10/#270-10-65-1)A financial institution that is a public business entity shall disclose the fair value of the debt securities in interim and annual reporting periods based on at least 4 maturity groupings: 1. a Within 1 year 2. b After 1 year through 5 years 3. c After 5 years through 10 years 4. d After 10 years. Securities not due at a single maturity date, such as mortgage-backed securities, may be disclosed separately rather than allocated over several maturity groupings. If allocated, the basis for allocation also shall be disclosed. #### Other Securities ##### [320-942-50-4](https://asc.understandingaccounting.org/asc/320/942/#320-942-50-4) Pending content: yes Source downloaded (UTC): 2026-09-09T23:36:10.916Z to 2026-09-09T23:36:10.916Z Record version: sha256:519e5c9f5055aabd56300f6c6dba581fced729c6bf02eda2915da2a399a3f5a7 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The carrying amount of investment assets that serve as collateral to secure public funds, securities sold under repurchase agreements, and other borrowings, that are not otherwise disclosed under Topic 860, shall be disclosed in the notes to financial statements. Transition date:(P) December 16, 2027; (N) December 16, 2028Transition guidance: [270-10-65-1](https://asc.understandingaccounting.org/asc/270/10/#270-10-65-1)For interim and annual reporting periods, the carrying amount of investment assets that serve as collateral to secure public funds, securities sold under repurchase agreements, and other borrowings, that are not otherwise disclosed under Topic 860, shall be disclosed in the notes to financial statements. ##### [320-942-50-5](https://asc.understandingaccounting.org/asc/320/942/#320-942-50-5) Pending content: no Source downloaded (UTC): 2026-09-09T23:36:10.916Z to 2026-09-09T23:36:10.916Z Record version: sha256:013494752c7cb258314aa8938ed2551ad7685fd403d3d79c65bab1ed740124d5 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The notes to financial statements shall include an explanation of the institution's accounting policy for securities, including the basis for classification.