Trading Places International S4 Registration of securities issued in business combination transactions | SEC 1 Apr 16

Exhibit 25.1

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM T-1

STATEMENT OF ELIGIBILITY UNDER THE TRUST

INDENTURE ACT OF 1939 OF A CORPORATION

DESIGNATED TO ACT AS TRUSTEE

CHECK IF AN APPLICATION TO DETERMINE

ELIGIBILITY OF A TRUSTEE PURSUANT TO

SECTION 305(b)(2)

HSBC Bank USA, National Association

(Exact name of trustee as specified in its charter)

N/A		20-1177241
(Jurisdiction of incorporation		(I.R.S. Employer
or organization if not a U.S.		Identification No.)
national bank)

1800 Tyson’s Boulevard, Ste 50
McLean, VA		22102
(Address of principal executive offices)		(Zip Code)

HSBC Bank USA, National Association

452 Fifth Avenue

New York, New York 10018-2706

Tel: (212) 525-1351

(Name, address and telephone number of agent for service)

INTERVAL ACQUISITION CORP.

(Exact name of obligor as specified in its charter)

Delaware		36-4189885
(State or other jurisdiction		(I.R.S. Employer
of incorporation or organization)		Identification No.)

INTERVAL LEISURE GROUP, INC.

(Exact name of obligor as specified in its charter)

Delaware		26-2590997
(State or other jurisdiction		(I.R.S. Employer
of incorporation or organization)		Identification No.)

6262 Sunset Drive
Miami, Florida		33143
(Address of principal executive offices)		(Zip Code)

(See Table of Additional Registrants)

5.625% Senior Secured Notes due 2023

(Title of Indenture Securities)

TABLE OF ADDITIONAL REGISTRANTS

Exact Name of Registrant as Specified in its Charter*	Jurisdiction of Incorporation or Organization	Primary Standard Industrial Classification Code Number	IRS Employer Identification Number

AQUA-ASTON HOLDINGS, INC.	Delaware	7011	87-0799653
AQUA HOSPITALITY LLC	Delaware	7011	46-0641767
AQUA HOTELS AND RESORTS, INC.	Delaware	7011	26-3181909
CDP GP, INC.	Delaware	1531	36-4190833
CERROMAR DEVELOPMENT PARTNERS GP, INC.	Delaware	1531	36-4158824
GRAND ASPEN HOLDINGS, L.L.C.	Delaware	1531	95-4837613
GRAND ASPEN LODGING, L.L.C.	Delaware	1531	95-4351998
HT-HIGHLANDS, INC.	Delaware	1531	36-3978574
HTS-BC, L.L.C.	Delaware	1531	36-3296881
HTS-BEACH HOUSE, INC.	Delaware	1531	36-4097668
HTS-BEACH HOUSE PARTNER, L.L.C.	Delaware	1531	36-4097668
HTS-COCONUT POINT, INC.	Delaware	1531	36-4262309
HTS-GROUND LAKE TAHOE, INC.	Delaware	1531	36-4197178
HTS-KEY WEST, INC.	Delaware	1531	36-3942758
HTS-KW, INC.	Delaware	1531	36-4187262
HTS-LAKE TAHOE, INC.	Delaware	1531	36-3919669
HTS-LOAN SERVICING, INC.	Delaware	1531	36-4206919
HTS-MAIN STREET STATION, INC.	Delaware	1531	36-4351998
HTS-MAUI, L.L.C.	Delaware	1531	45-5601104
HTS-SAN ANTONIO, L.L.C.	Delaware	1531	32-0018843
HTS-SEDONA, INC.	Delaware	1531	36-4290387
HTS-SUNSET HARBOR PARTNER, L.L.C.	Delaware	1531	47-3952343
HTS-WINDWARD POINTE PARTNER, L.L.C.	Delaware	1531	47-3932767
HV GLOBAL GROUP, INC.	Delaware	8699	36-3878044
HV GLOBAL MANAGEMENT CORPORATION	Delaware	6531	36-3950778
HV GLOBAL MARKETING CORPORATION	Florida	6531	65-0459735
HVO KEY WEST HOLDINGS, LLC	Florida	6531	47-5257462
INTERVAL HOLDINGS, INC.	Delaware	8600	06-1428126
INTERVAL INTERNATIONAL, INC.	Florida	8600	59-2367254
INTERVAL RESORT & FINANCIAL SERVICES, INC.	Florida	7380	65-0614258
OWNERS’ RESORTS AND EXCHANGE, INC.	Utah	6531	87-0450262
S.O.I. ACQUISITION CORP.	Florida	1531	61-1731501
VACATION OWNERSHIP LENDING GP, INC.	Delaware	6199	36-4190833
VACATION RESORTS INTERNATIONAL	California	6531	95-3700624
VOL GP, INC.	Delaware	6199	36-4190834
WINDWARD POINTE II, L.L.C.	Delaware	1531	35-2556668
WORLDWIDE VACATION & TRAVEL, INC.	Florida	4700	22-2362974
IIC HOLDINGS, INCORPORATED	Delaware	8600	36-4197698
ILG INTERNATIONAL HOLDINGS, INC.	Florida	8600	90-0924055
INTERVAL SOFTWARE SERVICES, LLC	Florida	8600	65-1133709
MANAGEMENT ACQUISITION HOLDINGS, LLC	Delaware	6531	27-3967875
RESORT SALES SERVICES, INC.	Delaware	6531	38-3990004
ILG MANAGEMENT, LLC	Florida	6531	90-0968929
AQUA HOTELS & RESORTS, LLC	Hawaii	7011	65-1163911
DIAMOND HEAD MANAGEMENT LLC	Hawaii	7011	45-2996891
HOTEL MANAGEMENT SERVICES LLC	Hawaii	7011	27-0562444
KAI MANAGEMENT SERVICES LLC	Hawaii	7011	26-4613508
AQUA HOTELS AND RESORTS OPERATOR LLC	Delaware	7011	37-1697816
AQUA LUANA OPERATOR LLC	Hawaii	7011	81-1847298
AQUA-ASTON HOSPITALITY, LLC	Hawaii	7011	13-4207830
ASTON HOTELS & RESORTS FLORIDA, LLC	Florida	7011	46-3267551
MAUI CONDO AND HOME, LLC	Hawaii	6531	99-0266391
RQI HOLDINGS, LLC	Hawaii	6531	03-0530842
BEACH HOUSE DEVELOPMENT PARTNERSHIP	Florida	1531	65-0680991
CDP INVESTORS, L.P.	Delaware	1531	36-4158822
CERROMAR DEVELOPMENT PARTNERS, L.P., S.E.	Delaware	1531	36-4158825
HIGHLANDS INN INVESTORS II, L.P.	Delaware	1531	36-4054270
HTS-SAN ANTONIO, L.P.	Delaware	1531	36-0018843
HTS-SAN ANTONIO, INC.	Delaware	1531	45-0479517
HTS-WILD OAK RANCH BEVERAGE, LLC	Texas	1531	20-1231294
MERIDIAN FINANCIAL SERVICES, INC.	North Carolina	7320	56-1663191
TRADING PLACES INTERNATIONAL, LLC	California	6531	95-2848811
HVC-HIGHLANDS, L.L.C.	Delaware	1531	36-4510201
KEY WESTER LIMITED	Florida	1531	36-4204734
MERAGON FINANCIAL SERVICES, INC.	North Carolina	7320	56-2220495
PARADISE VACATION ADVENTURES, LLC	Hawaii	7999	33-0910128
REP HOLDINGS, LTD.	Hawaii	6531	99-0335453
RESORT MANAGEMENT FINANCE SERVICES, INC.	Florida	6159	45-2346663
SUNSET HARBOR DEVELOPMENT PARTNERSHIP	Florida	1531	65-0482474
VACATION OWNERSHIP LENDING, L.P.	Delaware	6199	36-4190846
VOL INVESTORS, L.P.	Delaware	6199	36-4190836

*For each registrant listed in the table, the address and telephone number of such registrant’s principal executive offices and the name, address and telephone number for the agent for service and persons to receive copies are the same as set forth above for Interval Acquisition Corp. and Interval Leisure Group, Inc.

General

Item 1. General Information.

Furnish the following information as to the trustee:

(a) Name and address of each examining or supervisory authority to which it is subject.

Comptroller of the Currency, New York, NY.

Federal Deposit Insurance Corporation, Washington, D.C.

Board of Governors of the Federal Reserve System, Washington, D.C.

(b) Whether it is authorized to exercise corporate trust powers.

Yes.

Item 2. Affiliations with Obligor.

If the obligor is an affiliate of the trustee, describe each such affiliation.

None

Items 3-15. Not Applicable

Item 16. List of Exhibits

Exhibit

T1A(i)	(1)	Copy of the Articles of Association of HSBC Bank USA, National Association.

T1A(ii)	(1)	Certificate of the Comptroller of the Currency dated July 1, 2004 as to the authority of HSBC Bank USA, National Association to commence business.

T1A(iii)	(2)	Certificate of Fiduciary Powers dated August 18, 2004 for HSBC Bank USA, National Association

T1A(iv)	(1)	Copy of the existing By-Laws of HSBC Bank USA, National Association.

T1A(v)		Not applicable.

T1A(vi)	(2)	Consent of HSBC Bank USA, National Association required by Section 321(b) of the Trust Indenture Act of 1939.

T1A(vii)		Copy of the latest report of condition of the trustee published pursuant to law or the requirement of its supervisory or examining authority.

T1A(viii)		Not applicable.

T1A(ix)		Not applicable.

(1) Exhibits previously filed with the Securities and Exchange Commission with Registration No. 333-118523 and incorporated herein by reference thereto.

(2) Exhibits previously filed with the Securities and Exchange Commission with Registration No. 333-125197 and incorporated herein by reference thereto.

SIGNATURE

Pursuant to the requirements of the Trust Indenture Act of 1939, the Trustee, HSBC Bank USA, National Association, a national banking association organized and existing under the laws of the United States of America, has duly caused this statement of eligibility to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of New York and State of New York on the 25th day of March, 2016.

	HSBC BANK USA, NATIONAL ASSOCIATION


	By:	/s/ Annette L Kos-Culkin
		Annette L Kos-Culkin
		Vice President

Board of Governors of the Federal Reserve System Federal Deposit Insurance Corporation Office of the Comptroller of the Currency Federal Financial Institutions Examination Council Consolidated Reports of Condition and Income for A Bank With Domestic and Foreign Offices - FFIEC 031 Institution Name City State Zip Code Call Report Report Date Report Type RSSD-ID FDIC Certificate Number OCC Charter Number ABA Routing Number Last updated on HSBC BANK USA, NATIONAL ASSOCIATION MCLEAN VA 22102 12/31/2015 031 413208 57890 24522 21001088 2/8/2016

1 Federal Financial Institutions Examination Council Consolidated Reports of Condition and Income for a Bank with Domestic and Foreign Offices — FFIEC 031 Report at the close of business December 31, 2015 (20151231) (RCON 9999) Unless the context indicates otherwise, the term “bank” in this report form refers to both banks and saving sassociations. This report form is to be filed by banks with branches and consolidated subsidiaries in U.S. territories and possessions, Edge or Agreement subsidiaries, foreign branches, consolidated foreign subsidiaries, or International Banking Facilities. This report is required by law: 12 U.S.C. §324 (State member banks); 12 U.S.C. §1817 (State non member banks); 12 U.S.C. §161 (National banks); and 12 U.S.C. §1464 (Savings associations). NOTE: Each bank’s board of directors and senior management are responsible for establishing and maintaining an effective system of internal control, including controls over the Reports of Condition and Income. The Reports of Condition and Income are to be prepared in accordance with federal regulatory authority instructions. The Reports of Condition and Income must be signed by the Chief Financial Officer (CFO) of the reporting bank (or by the individual performing an equivalent function) and attested to by not less than two directors (trustees) for state non member banks and three directors for state member banks, nationalbanks, and savings associations. I, the undersigned CFO (o requivalent) of the named bank, attest that the Reports of Condition and Income (including the supporting schedules) for this report date have been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and are true and correct to the best of my knowledge and belief. We, the undersigned directors (trustees), attest to the correctness of the Reports of Condition and Income (including the supporting schedules) for this report date and declare that the Reports of Condition and Income have been examined by us and to the best of our knowledge and belief have been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and are true andcorrect. Director (Trustee) Director (Trustee) Signature of Chief Financial Officer (or Equivalent) Director (Trustee) Date of Signiture Submission of Reports Each bank must file its Reports of Condition and Income (Call Report) data by either: To fulfill the signature and attestation requirement for the Reports of Condition and Income for this report date, attach your bank’s completed signature page (or a photocopy or a computer generated version of this page) to the hard-copy record of the data file submitted to the CDR that your bank must place in its files. The appearance of your bank’s hard-copy record of the submitted data file need not match exactly the appearance of the FFIEC’s sample report forms, but should show at least the caption of each Call Report item and the reported amount. (a) Using computer software to prepare its Call Report and then submitting the report data directly to the FFIEC’s Central Data Repository (CDR), an Internet-based system for datacollection (https://cdr.ffiec.gov/cdr/), or Completing its Call Report in paper form and arranging with a software vendor or another party to convert the data in to the electronic format that can be processed by the CDR. The software vendor or other party then must electronically submit the bank’s data file to the CDR. (b) HSBC BANK USA, NATIONAL ASSOCIATION Legal Title of Bank (RSSD 9017) For technical assistance with submissions to the CDR, please contact the CDR Help Desk by telephone at(888) CDR-3111, by fax at (703) 774-3946, or by e-mail at CDR.Help@ffiec.gov. FDIC Certificate Number 57890 (RSSD 9050) MCLEAN City (RSSD 9130) VA 22102 State Abbreviation (RSSD 9200) Zip Code (RSSD 9220) The estimated average burden associated with this information collection is 48.3 hours per respondent and is estimated to vary from 18 to 750 hours per response, depending on individual circumstances. Burden estimates include the time for reviewing instructions, gathering and maintaining data in the required form, and completing the information collection, but exclude the time for compiling and maintaining business records in the normal course of a respondent’s activities. A Federal agency 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. Comments concerning the accuracy of this burden estimate and suggestions for reducing this burden should be directed to the Office of Information and Regulatory Affairs, Office of Management and Budget, Washington, DC 20503, and to one of the following: Secretary, Board of Governors of the Federal Reserve System, 20th and C Streets, NW, Washington, DC 20551; Legislative and Regulatory Analysis Division, Office of the Comptroller of the Currency, Washington, DC 20219; Assistant Executive Secretary, Federal Deposit Insurance Corporation, Washington, DC 20429.

2 Consolidated Reports of Condition and Income for a Bank with Domestic and Foreign Offices Table of Contents Schedule RC-C Part I - Loans and Leases................22 Signature Page............................................................1 Schedule RC-C Part II - Loans to Small Businesses and Small Farms.................................................26 Table of Conents..........................................................2 Contact Information for the Reports of Condition and Income...................................................................4 Schedule RC-D - Trading Assets and Liabilities.........28 Schedule RC-E Part I - Deposits in Domestic Offices.................................................................31 Emergency Contact Information..................................4 USA PATRIOT Act Section 314(a) Anti-Money Laundering Contact Information............................5 Schedule RC-E Part II - Deposits in Foreign Offices including Edge and Agreement subsidiaries and IBFs.....................................................................33 Bank Demographic Information...................................6 Schedule RC-F - Other Assets..................................34 Contact Information......................................................6 Schedule RC-G - Other Liabilities..............................35 Optional Narrative Statement Concerning the Amounts Reported in the Reports of Condition and Income............................................................7 Schedule RC-H - Selected Balance Sheet Items for Domestic Offices.................................................35 Schedule RI - Income Statement.................................8 Schedule RC-I - Assets and Liabilities of IBFs..........36 Schedule RI-A - Changes in Bank Equity Capital.................................................................10 Schedule RC-K - Quarterly Averages........................37 Schedule RC-L - Derivatives and Off-Balance Sheet Items....................................................................38 Schedule RI-B Part I - Charge-offs and Recoveries on Loans and Leases..........................................11 Schedule RC-M - Memoranda...................................43 Schedule RI-B Part II - Changes in Allowance for Loan and Lease Losses......................................12 Schedule RC-N - Past Due and Nonaccrual Loans Leases and Other Assets....................................46 Schedule RI-C - Disaggregated Data on the Allowance for Loan and Lease Losses................13 Schedule RC-O - Other Data for Deposit Insurance and FICO Assessments......................................49 Schedule RI-D - Income from Foreign Offices...........14 Schedule RC-P - 1-4 Family Residential Mortgage Banking Activities in Domestic Offices................52 Schedule RI-E - Explanations ...................................14 Schedule RC - Balance Sheet...................................17 Schedule RC-Q - Assets and Liabilities Measured at Fair Value on a Recurring Basis......................52 Schedule RC-A - Cash and Balances Due From Depository Institutions.........................................18 Schedule RC-R Part I - Regulatory Capital Components and Ratios......................................57 Schedule RC-B - Securities.......................................19 Schedule RC-R Part II - Risk-Weighted Assets.........59 For information or assistance, national banks, state nonmember banks, and savings associations should contact the FDIC’s Data Collection and Analysis Section, 550 17th Street, NW, Washington, DC 20429, toll free on (800) 688-FDIC(3342), Monday through Friday between 8:00 a.m. and 5:00 p.m., Eastern Time. State member banks should contact their Federal Reserve District Bank. Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency Legend: NR - Not Reported, CONF - Confidential

Schedule RC-S - Servicing Securitization and Asset Sale Activities......................................................69 3 Schedule RC-T - Fiduciary and Related Services...............................................................71 Schedule RC-V - Variable Interest Entities................74 General Instructions...................................................75 Glossary.....................................................................76 For information or assistance, national banks, state nonmember banks, and savings associations should contact the FDIC’s Data Collection and Analysis Section, 550 17th Street, NW, Washington, DC 20429, toll free on (800) 688-FDIC(3342), Monday through Friday between 8:00 a.m. and 5:00 p.m., Eastern Time. State member banks should contact their Federal Reserve District Bank. Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency Legend: NR - Not Reported, CONF - Confidential

Contact Information for the Reports of Condition and Income To facilitate communication between the Agencies and the bank concerning the Reports of Condition and Income, please provide contact information for (1) the Chief Financial Officer (or equivalent) of the bank signing the reports for this quarter, and (2) the person at the bank—other than the Chief Financial Officer (or equivalent)—to whom questions about the reports should be directed. If the Chief Financial Officer (or equivalent) is the primary contact for questions about the reports, please provide contact information for another person at the bank who will serve as a secondary contact for communications between the Agencies and the bank concerning the Reports of Condition and Income. Enter “none” for the contact’s e-mail address or fax number if not available. Contact information for the Reports of Condition and Income is for the confidential use of the Agencies and will not be released to the public. Chief Financial Officer (or Equivalent) Signing the Reports CONF Other Person to Whom Questions about the Reports Should be Directed CONF Name (TEXT C490) Name (TEXT C495) CONF CONF Title (TEXT C491) Title (TEXT C496) CONF CONF E-mail Address (TEXT C492) E-mail Address (TEXT 4086) CONF CONF Area Code / Phone Number / Extension (TEXT C493) Area Code / Phone Number / Extension (TEXT 8902) CONF CONF Area Code / FAX Number (TEXT C494) Area Code / FAX Number (TEXT 9116) Emergency Contact Information This information is being requested so the Agencies can distribute critical, time-sensitive information to emergency contacts at banks. Please provide primary contact information for a senior official of the bank who has decision-making authority. Also provide information for a secondary contact if available. Enter “none” for the contact’s e-mail address or fax number if not available. Emergency contact information is for the confidential use of the Agencies and will not be released to the public. Primary Contact CONF Secondary Contact CONF Name (TEXT C366) Name (TEXT C371) CONF CONF Title (TEXT C367) Title (TEXT C372) CONF CONF E-mail Address (TEXT C368) E-mail Address (TEXT C373) CONF CONF Area Code / Phone Number / Extension (TEXT C369) Area Code / Phone Number / Extension (TEXT C374) CONF CONF Area Code / FAX Number (TEXT C370) Area Code / FAX Number (TEXT C375)

5 USA PATRIOT Act Section 314(a) Anti-Money Laundering Contact Information Contact Information This information is being requested to identify points-of-contact who are in charge of your bank’s USA PATRIOT Act Section 314(a) information requests. Bank personnel listed could be contacted by law enforcement officers or the Financial Crimes Enforcement Network (FinCEN) for additional information related to specific Section 314(a) search requests or other anti-terrorist financing and anti-money-laundering matters. Communications sent by FinCEN to the bank for purposes other than Section 314(a) notifications will state the intended purpose and should be directed to the appropriate bank personnel for review. Any disclosure of customer records to law enforcement officers or FinCEN must be done in compliance with applicable law, including the Right to Financial Privacy Act (12 U.S.C. 3401 et seq.). Please provide information for a primary and secondary contact. Information for a third and fourth contact may be provided at the bank’s option. Enter “none” for the contact’s e-mail address if not available. This contact information is for the confidential use of the Agencies, FinCEN, and law enforcement officers and will not be released to the public. Primary Contact Secondary Contact CONF CONF Name (TEXT C437) Name (TEXT C442) CONF CONF Title (TEXT C438) Title (TEXT C443) CONF CONF E-mail Address (TEXT C439) E-mail Address (TEXT C444) CONF CONF Area Code / Phone Number / Extension (TEXT C440) Area Code / Phone Number / Extension (TEXT 8902) Third Contact Fourth Contact CONF CONF Name (TEXT C870) Name (TEXT C875) CONF CONF Title (TEXT C871) Title (TEXT C876) CONF CONF E-mail Address (TEXT C368) E-mail Address (TEXT C877) CONF CONF Area Code / Phone Number / Extension (TEXT C873) Area Code / Phone Number / Extension (TEXT C878)

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 6 Bank Demographic Information Dollar amounts in thousands 20151231 1. RCON9999 1. Reporting date............................................................................................................................................................. 2. FDIC certificate number............................................................................................................................................... 3. Legal title of bank........................................................................................................................................................ 4. City.............................................................................................................................................................................. 5. State abbreviation........................................................................................................................................................ 6. Zip code....................................................................................................................................................................... RSSD9050 57890 2. RSSD9017 Click here for value 3. RSSD9130 McLean 4. RSSD9200 VA 5. RSSD9220 22102 6. (RSSD9017) HSBC Bank USA, National Association Contact Information Dollar amounts in thousands 1. 1.a. CONF 1.a.1. TEXTC490 1. Name............................................................................................................................................................ 2. Title............................................................................................................................................................... 3. E-mail Address.............................................................................................................................................. 4. Telephone...................................................................................................................................................... 5. FAX............................................................................................................................................................... b. Other Person to Whom Questions about the Reports Should be Directed 1. Name............................................................................................................................................................ 2. Title............................................................................................................................................................... 3. E-mail Address.............................................................................................................................................. 4. Telephone...................................................................................................................................................... 5. FAX............................................................................................................................................................... 2. Person to whom questions about Schedule RC-T - Fiduciary and Related Services should be directed a. Name and Title..................................................................................................................................................... b. E-mail Address..................................................................................................................................................... c. Telephone............................................................................................................................................................. d. FAX....................................................................................................................................................................... 3. Emergency Contact Information a. Primary Contact 1. Name............................................................................................................................................................ 2. Title............................................................................................................................................................... 3. E-mail Address.............................................................................................................................................. 4. Telephone...................................................................................................................................................... 5. FAX............................................................................................................................................................... b. Secondary Contact 1. Name............................................................................................................................................................ 2. Title............................................................................................................................................................... 3. E-mail Address.............................................................................................................................................. 4. Telephone...................................................................................................................................................... 5. FAX............................................................................................................................................................... 4. USA PATRIOT Act Section 314(a) Anti-Money Laundering Contact Information a. Primary Contact 1. Name............................................................................................................................................................ 2. Title............................................................................................................................................................... 3. E-mail Address.............................................................................................................................................. 4. Telephone...................................................................................................................................................... CONF 1.a.2. TEXTC491 CONF 1.a.3. TEXTC492 CONF 1.a.4. TEXTC493 CONF 1.a.5. TEXTC494 1.b. CONF 1.b.1. TEXTC495 CONF 1.b.2. TEXTC496 CONF 1.b.3. TEXT4086 CONF 1.b.4. TEXT8902 CONF 1.b.5. TEXT9116 2. CONF 2.a. TEXTB962 CONF 2.b. TEXTB926 CONF 2.c. TEXTB963 CONF 2.d. TEXTB964 3. 3.a. CONF 3.a.1. TEXTC366 CONF 3.a.2. TEXTC367 CONF 3.a.3. TEXTC368 CONF 3.a.4. TEXTC369 CONF 3.a.5. TEXTC370 3.b. CONF 3.b.1. TEXTC371 CONF 3.b.2. TEXTC372 CONF 3.b.3. TEXTC373 CONF 3.b.4. TEXTC374 CONF 3.b.5. TEXTC375 4. 4.a. CONF 4.a.1. TEXTC437 CONF 4.a.2. TEXTC438 CONF 4.a.3. TEXTC439 CONF 4.a.4. TEXTC440 1. Contact Information for the Reports of Condition and Income a. Chief Financial Officer (or Equivalent) Signing the Reports

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 7 Dollar amounts in thousands 4.b. TEXTC442 CONF 4.b.1. 1. Name............................................................................................................................................................ 2. Title............................................................................................................................................................... 3. E-mail Address.............................................................................................................................................. 4. Telephone...................................................................................................................................................... c. Third Contact 1. Name............................................................................................................................................................ 2. Title............................................................................................................................................................... 3. E-mail Address.............................................................................................................................................. 4. Telephone...................................................................................................................................................... d. Fourth Contact 1. Name............................................................................................................................................................ 2. Title............................................................................................................................................................... 3. E-mail Address.............................................................................................................................................. 4. Telephone...................................................................................................................................................... TEXTC443 CONF 4.b.2. TEXTC444 CONF 4.b.3. TEXTC445 CONF 4.b.4. 4.c. TEXTC870 CONF 4.c.1. TEXTC871 CONF 4.c.2. TEXTC872 CONF 4.c.3. TEXTC873 CONF 4.c.4. 4.d. TEXTC875 CONF 4.d.1. TEXTC876 CONF 4.d.2. TEXTC877 CONF 4.d.3. TEXTC878 CONF 4.d.4. Optional Narrative Statement Concerning the Amounts Reported in the Reports of Condition and Income Dollar amounts in thousands No 1. RCON6979 1. Comments?................................................................................................................................................................. 2. Bank Management Statement..................................................................................................................................... TEXT6980 2. b. Secondary Contact

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 8 Schedule RI - Income Statement Dollar amounts in thousands 1. 1.a. 1.a.1. 1.a.1.a. RIAD4435 628,829 1.a.1.a.1. 1. Loans secured by 1-4 family residential properties........................................................................ 2. All other loans secured by real estate............................................................................................ b. Loans to finance agricultural production and other loans to farmers..................................................... c. Commercial and industrial loans............................................................................................................ d. Loans to individuals for household, family, and other personal expenditures: 1. Credit cards.................................................................................................................................... 2. Other (includes revolving credit plans other than credit cards, automobile loans, and other consumer loans)................................................................................................................................................. e. Loans to foreign governments and official institutions........................................................................... f. All other loans in domestic offices.......................................................................................................... 2. In foreign offices, Edge and Agreement subsidiaries, and IBFs................................................................... 3. Total interest and fee income on loans (sum of items 1.a.(1)(a) through 1.a.(2)).......................................... b. Income from lease financing receivables............................................................................................................. c. Interest income on balances due from depository institutions.............................................................................. d. Interest and dividend income on securities: 1. U.S. Treasury securities and U.S. Government agency obligations (excluding mortgage-backed securities). 2. Mortgage-backed securities.......................................................................................................................... 3. All other securities (includes securities issued by states and political subdivisions in the U.S.)................... e. Interest income from trading assets..................................................................................................................... f. Interest income on federal funds sold and securities purchased under agreements to resell............................... g. Other interest income........................................................................................................................................... h. Total interest income (sum of items 1.a.(3) through 1.g)...................................................................................... 2. Interest expense: a. Interest on deposits: 1. Interest on deposits in domestic offices: a. Transaction accounts (interest-bearing demand deposits, NOW accounts, ATS accounts, and telephone and preauthorized transfer accounts)........................................................................................................ b. Nontransaction accounts: 1. Savings deposits (includes MMDAs).............................................................................................. 2. Time deposits of $100,000 or more................................................................................................ 3. Time deposits of less than $100,000.............................................................................................. 2. Interest on deposits in foreign offices, Edge and Agreement subsidiaries, and IBFs................................... b. Expense of federal funds purchased and securities sold under agreements to repurchase................................ c. Interest on trading liabilities and other borrowed money...................................................................................... d. Interest on subordinated notes and debentures................................................................................................... e. Total interest expense (sum of items 2.a through 2.d).......................................................................................... 3. Net interest income (item 1.h minus 2.e)..................................................................................................................... 4. Provision for loan and lease losses............................................................................................................................. 5. Noninterest income: a. Income from fiduciary activities............................................................................................................................ b. Service charges on deposit accounts in domestic offices.................................................................................... c. Trading revenue.................................................................................................................................................... d. Not available 1. Fees and commissions from securities brokerage........................................................................................ 2. Investment banking, advisory, and underwriting fees and commissions....................................................... 3. Fees and commissions from annuity sales................................................................................................... RIAD4436 317,112 1.a.1.a.2. RIAD4024 10,705 1.a.1.b. RIAD4012 698,874 1.a.1.c. 1.a.1.d. RIADB485 73,961 1.a.1.d.1. RIADB486 28,207 1.a.1.d.2. RIAD4056 2,031 1.a.1.e. RIADB487 205,502 1.a.1.f. RIAD4059 16,039 1.a.2. RIAD4010 1,981,260 1.a.3. RIAD4065 27 1.b. RIAD4115 80,855 1.c. 1.d. RIADB488 173,171 1.d.1. RIADB489 647,602 1.d.2. RIAD4060 63,808 1.d.3. RIAD4069 340,220 1.e. RIAD4020 23,065 1.f. RIAD4518 58,754 1.g. RIAD4107 3,368,762 1.h. 2. 2.a. 2.a.1. RIAD4508 4,551 2.a.1.a. 2.a.1.b. RIAD0093 104,137 2.a.1.b.1. RIADA517 133,494 2.a.1.b.2. RIADA518 85,169 2.a.1.b.3. RIAD4172 14,463 2.a.2. RIAD4180 33,302 2.b. RIAD4185 61,434 2.c. RIAD4200 268,607 2.d. RIAD4073 705,157 2.e. RIAD4074 2,663,605 3. RIAD4230 360,941 4. 5. RIAD4070 83,452 5.a. RIAD4080 130,779 5.b. RIADA220 100,843 5.c. 5.d. RIADC886 9,230 5.d.1. RIADC888 86,749 5.d.2. RIADC887 0 5.d.3. 1. Interest income: a. Interest and fee income on loans: 1. In domestic offices: a. Loans secured by real estate:

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 9 Dollar amounts in thousands RIADC386 0 5.d.4. 4. Underwriting income from insurance and reinsurance activities................................................................... 5. Income from other insurance activities......................................................................................................... e. Venture capital revenue........................................................................................................................................ f. Net servicing fees.................................................................................................................................................. g. Net securitization income..................................................................................................................................... h. Not applicable i. Net gains (losses) on sales of loans and leases................................................................................................... j. Net gains (losses) on sales of other real estate owned......................................................................................... k. Net gains (losses) on sales of other assets (excluding securities)....................................................................... l. Other noninterest income...................................................................................................................................... m. Total noninterest income (sum of items 5.a through 5.l)...................................................................................... 6. Not available a. Realized gains (losses) on held-to-maturity securities......................................................................................... b. Realized gains (losses) on available-for-sale securities....................................................................................... 7. Noninterest expense: a. Salaries and employee benefits........................................................................................................................... b. Expenses of premises and fixed assets (net of rental income) (excluding salaries and employee benefits and mortgage interest).................................................................................................................................................... c. Not available 1. Goodwill impairment losses.......................................................................................................................... 2. Amortization expense and impairment losses for other intangible assets.................................................... d. Other noninterest expense................................................................................................................................... e. Total noninterest expense (sum of items 7.a through 7.d).................................................................................... 8. Income (loss) before income taxes and extraordinary items and other adjustments (item 3 plus or minus items 4, 5.m, 6.a, 6.b, and 7.e)..................................................................................................................................................... 9. Applicable income taxes (on item 8)............................................................................................................................ 10. Income (loss) before extraordinary items and other adjustments (item 8 minus item 9)........................................... 11. Extraordinary items and other adjustments, net of income taxes.............................................................................. 12. Net income (loss) attributable to bank and noncontrolling (minority) interests (sum of items 10 and 11)................. 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)............................................................................................................................. 14. Net income (loss) attributable to bank (item 12 minus item 13)................................................................................. Memoranda 1. Interest expense incurred to carry tax-exempt securities, loans, and leases acquired after August 7, 1986, that is not deductible for federal income tax purposes............................................................................................................... 2. Income from the sale and servicing of mutual funds and annuities in domestic offices (included in Schedule RI, item 8) ..................................................................................................................................................................................... 3. Income on tax-exempt loans and leases to states and political subdivisions in the U.S. (included in Schedule RI, items 1.a and 1.b)............................................................................................................................................................ 4. Income on tax-exempt securities issued by states and political subdivisions in the U.S. (included in Schedule RI, item 1.d.(3))..................................................................................................................................................................... 5. Number of full-time equivalent employees at end of current period (round to nearest whole number)....................... 6. Not applicable 7. If the reporting institution has applied pushdown accounting this calendar year, report the date of the institution's acquisition (see instructions)........................................................................................................................................... 8. Trading revenue (from cash instruments and derivative instruments) (sum of Memorandum items 8.a through 8.e must equal Schedule RI, item 5.c): a. Interest rate exposures......................................................................................................................................... b. Foreign exchange exposures............................................................................................................................... c. Equity security and index exposures.................................................................................................................... d. Commodity and other exposures......................................................................................................................... e. Credit exposures.................................................................................................................................................. f. Impact on trading revenue of changes in the creditworthiness of the bank's derivatives counterparties on the bank's derivative assets (included in Memorandum items 8.a through 8.e above).................................................. RIADC387 1,365 5.d.5. RIADB491 0 5.e. RIADB492 55,784 5.f. RIADB493 0 5.g. 5.h. RIAD5416 -7,551 5.i. RIAD5415 3,877 5.j. RIADB496 -974 5.k. RIADB497 1,109,920 5.l. RIAD4079 1,573,474 5.m. 6. RIAD3521 0 6.a. RIAD3196 46,837 6.b. 7. RIAD4135 996,250 7.a. RIAD4217 184,903 7.b. 7.c. 0 7.c.1. RIADC216 6,498 7.c.2. RIADC232 2,021,399 7.d. RIAD4092 3,209,050 7.e. RIAD4093 713,925 8. RIAD4301 302,657 9. RIAD4302 411,268 10. RIAD4300 0 11. RIAD4320 411,268 12. RIADG104 462 13. RIADG103 410,806 14. RIAD4340 865 M.1. RIAD4513 23,013 M.2. RIAD8431 0 M.3. RIAD4313 7,170 M.4. RIAD4507 5838 M.5. RIAD4150 M.6. 0 M.7. RIAD9106 M.8. 549,690 M.8.a. RIAD8757 -477,304 M.8.b. RIAD8758 5,423 M.8.c. RIAD8759 46,024 M.8.d. RIAD8760 -22,990 M.8.e. RIADF186 -38 M.8.f. RIADK090

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 10 Dollar amounts in thousands g. Impact on trading revenue of changes in the creditworthiness of the bank on the bank's derivative liabilities (included in Memorandum items 8.a through 8.e above)......................................................................................... 9. 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....................................................................................... b. Net gains (losses) on credit derivatives held for purposes other than trading...................................................... 10. Credit losses on derivatives (see instructions).......................................................................................................... 11. Does the reporting bank have a Subchapter S election in effect for federal income tax purposes for the current tax year?............................................................................................................................................................................... 12. Noncash income from negative amortization on closed-end loans secured by 1-4 family residential properties (included in Schedule RI, item 1.a.(1)(a)(1))................................................................................................................... 13. 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................................................................................................................................ 1. Estimated net gains (losses) on loans attributable to changes in instrument-specific credit risk.................. b. Net gains (losses) on liabilities............................................................................................................................. 1. Estimated net gains (losses) on liabilities attributable to changes in instrument-specific credit risk............. 14. Other-than-temporary impairment losses on held-to-maturity and available-for-sale debt securities: a. Total other-than-temporary impairment losses..................................................................................................... b. Portion of losses recognized in other comprehensive income (before income taxes).......................................... c. Net impairment losses recognized in earnings (included in Schedule RI, items 6.a and 6.b) (Memorandum item 14.a minus Memorandum item 14.b)....................................................................................................................... 15. Components of service charges on deposit accounts in domestic offices (sum of Memorandum items 15.a through 15.d must equal Schedule RI, item 5.b): a. Consumer overdraft-related service charges levied on those transaction account and nontransaction savings account deposit products intended primarily for individuals for personal, household, or family use........................ b. Consumer account periodic maintenance charges levied on those transaction account and nontransaction savings account deposit products intended primarily for individuals for personal, household, or family use........... c. Consumer customer automated teller machine (ATM) fees levied on those transaction account and nontransaction savings account deposit products intended primarily for individuals for personal, household, or family use........... d. All other service charges on deposit accounts..................................................................................................... RIADK094 14,323 M.8.g. M.9. 0 M.9.a. RIADC889 42,895 M.9.b. RIADC890 0 M.10. RIADA251 No M.11. RIADA530 NR M.12. RIADF228 M.13. -10,363 M.13.a. RIADF551 0 M.13.a.1. RIADF552 38,614 M.13.b. RIADF553 247,417 M.13.b.1. RIADF554 M.14. 0 M.14.a. RIADJ319 0 M.14.b. RIADJ320 0 M.14.c. RIADJ321 M.15. 4,820 M.15.a. RIADH032 31,839 M.15.b. RIADH033 0 M.15.c. RIADH034 94,120 M.15.d. RIADH035 Schedule RI-A - Changes in Bank Equity Capital Dollar amounts in thousands 1. Total bank equity capital most recently reported for the December 31, 2014, Reports of Condition and Income (i.e., after adjustments from amended Reports of Income)..................................................................................................... 2. Cumulative effect of changes in accounting principles and corrections of material accounting errors........................ 3. Balance end of previous calendar year as restated (sum of items 1 and 2)................................................................ 4. Net income (loss) attributable to bank (must equal Schedule RI, item 14).................................................................. 5. Sale, conversion, acquisition, or retirement of capital stock, net (excluding treasury stock transactions)................... 6. Treasury stock transactions, net.................................................................................................................................. 7. Changes incident to business combinations, net......................................................................................................... 8. LESS: Cash dividends declared on preferred stock.................................................................................................... 9. LESS: Cash dividends declared on common stock..................................................................................................... 10. Other comprehensive income.................................................................................................................................... 11. Other transactions with stockholders (including a parent holding company) (not included in items 5, 6, 8, or 9 above).............................................................................................................................................................................. 12. Total bank equity capital end of current period (sum of items 3 through 11) (must equal Schedule RC, item 27.a).. 18,975,245 1. RIAD3217 0 2. RIADB507 18,975,245 3. RIADB508 410,806 4. RIAD4340 4,900,000 5. RIADB509 0 6. RIADB510 0 7. RIAD4356 103,841 8. RIAD4470 0 9. RIAD4460 -406,390 10. RIADB511 -1,042 11. RIAD4415 23,774,778 12. RIAD3210

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 11 Schedule RI-B Part I - Charge-offs and Recoveries on Loans and Leases (Column A) Charge-offs(Column B) Recoveries Calendar Dollar amounts in thousands Calendar year-to-date year-to-date 1. 1.a. 0 0 1.a.1. RIADC891 RIADC892 1. 1-4 family residential construction loans................................................................. 2. Other construction loans and all land development and other land loans............... b. Secured by farmland in domestic offices........................................................................ c. Secured by 1-4 family residential properties in domestic offices: 1. Revolving, open-end loans secured by 1-4 family residential properties and extended under lines of credit..................................................................................................... 2. Closed-end loans secured by 1-4 family residential properties: a. Secured by first liens........................................................................................ b. Secured by junior liens..................................................................................... d. Secured by multifamily (5 or more) residential properties in domestic offices................ e. Secured by nonfarm nonresidential properties in domestic offices: 1. Loans secured by owner-occupied nonfarm nonresidential properties................... 2. Loans secured by other nonfarm nonresidential properties.................................... f. In foreign offices.............................................................................................................. 2. Loans to depository institutions and acceptances of other banks: a. To U.S. banks and other U.S. depository institutions...................................................... b. To foreign banks.............................................................................................................. 3. Loans to finance agricultural production and other loans to farmers..................................... 4. Commercial and industrial loans: a. To U.S. addressees (domicile)........................................................................................ b. To non-U.S. addressees (domicile)................................................................................. 5. Loans to individuals for household, family, and other personal expenditures: a. Credit cards.................................................................................................................... b. Automobile loans............................................................................................................ c. Other (includes revolving credit plans other than credit cards and other consumer loans)................................................................................................................................. 6. Loans to foreign governments and official institutions........................................................... 7. All other loans........................................................................................................................ 8. Lease financing receivables: a. Leases to individuals for household, family, and other personal expenditures............... b. All other leases............................................................................................................... 9. Total (sum of items 1 through 8)............................................................................................ 40 2,734 1.a.2. RIADC893 RIADC894 0 0 1.b. RIAD3584 RIAD3585 1.c. 6,289 3,040 1.c.1. RIAD5411 RIAD5412 1.c.2. 35,670 10,769 1.c.2.a. RIADC234 RIADC217 2,171 930 1.c.2.b. RIADC235 RIADC218 457 29 1.d. RIAD3588 RIAD3589 1.e. 0 0 1.e.1. RIADC895 RIADC896 1,741 2,198 1.e.2. RIADC897 RIADC898 0 0 1.f. RIADB512 RIADB513 2. 0 0 2.a. RIAD4653 RIAD4663 0 0 2.b. RIAD4654 RIAD4664 0 5 3. RIAD4655 RIAD4665 4. 35,480 8,171 4.a. RIAD4645 RIAD4617 40,000 0 4.b. RIAD4646 RIAD4618 5. 31,591 5,376 5.a. RIADB514 RIADB515 31 0 5.b. RIADK129 RIADK133 11,547 1,892 5.c. RIADK205 RIADK206 0 0 6. RIAD4643 RIAD4627 1,808 2,862 7. RIAD4644 RIAD4628 8. 0 0 8.a. RIADF185 RIADF187 0 0 8.b. RIADC880 RIADF188 166,825 38,006 9. RIAD4635 RIAD4605 Memoranda 1. Loans to finance commercial real estate, construction, and land development activities (not secured by real estate) included in Schedule RI-B, part I, items 4 and 7, above...................... 2. Loans secured by real estate to non-U.S. addressees (domicile) (included in Schedule RI-B, part I, item 1, above).................................................................................................................. 3. Not applicable 0 0 M.1. RIAD5409 RIAD5410 RIAD4652 0 RIAD4662 0 M.2. M.3. Schedule RI-B Part I - Charge-offs and Recoveries on Loans and Leases Memoranda Dollar amounts in thousands 4. Uncollectible retail credit card fees and finance charges reversed against income (i.e., not included in charge-offs against the allowance for loan and lease losses)............................................................................................................ RIADC388 6,227 M.4. 1. Loans secured by real estate: a. Construction, land development, and other land loans in domestic offices:

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 12 Schedule RI-B Part II - Changes in Allowance for Loan and Lease Losses Dollar amounts in thousands 1. Balance most recently reported for the December 31, 2014, Reports of Condition and Income (i.e., after adjustments from amended Reports of Income)................................................................................................................................. 2. Recoveries (must equal part I, item 9, column B, above)............................................................................................ 3. LESS: Charge-offs (must equal part I, item 9, column A, above less Schedule RI-B, part II, item 4)......................... 4. LESS: Write-downs arising from transfers of loans to a held-for-sale account............................................................ 5. Provision for loan and lease losses (must equal Schedule RI, item 4)........................................................................ 6. Adjustments (see instructions for this schedule)......................................................................................................... 7. Balance end of current period (sum of items 1, 2, 5, and 6, less items 3 and 4) (must equal Schedule RC, item 4.c).................................................................................................................................................................................. RIADB522 680,281 1. RIAD4605 38,006 2. RIADC079 166,515 3. RIAD5523 310 4. RIAD4230 360,941 5. RIADC233 0 6. RIAD3123 912,403 7. Memoranda 1. Allocated transfer risk reserve included in Schedule RI-B, part II, item 7, above........................................................ 2. Separate valuation allowance for uncollectible retail credit card fees and finance charges........................................ 3. Amount of allowance for loan and lease losses attributable to retail credit card fees and finance charges................ 4. Amount of allowance for post-acquisition credit losses on purchased credit-impaired loans accounted for in accordance with FASB ASC 310-30 (former AICPA Statement of Position 03-3) (included in Schedule RI-B, Part II, item 7, above). RIADC435 0 M.1. RIADC389 0 M.2. RIADC390 2,159 M.3. RIADC781 1,353 M.4.

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 13 Schedule RI-C - Disaggregated Data on the Allowance for Loan and Lease Losses 1. RCFDM708 RCFDM709 RCFDM710 RCFDM711 RCFDM712 RCFDM713 8,928 0 1,322,576 10,258 0 0 1.a. a. Construction loans............................................................................................. RCFDM714 RCFDM715 RCFDM716 RCFDM717 RCFDM719 RCFDM720 89,001 0 6,732,737 44,010 0 0 1.b. b. Commercial real estate loans............................................................................. RCFDM721 RCFDM722 RCFDM723 RCFDM724 RCFDM725 RCFDM726 1,083,236 34,095 20,036,741 56,221 70,333 1,353 1.c. c. Residential real estate loans.............................................................................. RCFDM727 RCFDM728 RCFDM729 RCFDM730 RCFDM731 RCFDM732 266,813 53,406 47,494,388 671,450 0 0 2. 2. Commercial loans...................................................................................................... RCFDM733 RCFDM734 RCFDM735 RCFDM736 RCFDM737 RCFDM738 5,128 1,224 693,644 32,099 0 0 3. 3. Credit cards............................................................................................................... RCFDM739 RCFDM740 RCFDM741 RCFDM742 RCFDM743 RCFDM744 0 0 398,548 8,287 0 0 4. 4. Other consumer loans............................................................................................... 5. 5. Unallocated, if any..................................................................................................... RCFDM746 RCFDM747 RCFDM748 RCFDM749 RCFDM750 RCFDM751 1,453,106 88,725 76,678,634 822,325 70,333 1,353 6. 6. Total (for each column, sum of items 1.a through 5).................................................. RCFDM745 0 Dollar amounts in thousands (Column A) (Column B)(Column C)(Column D)(Column E) (Column F) RecordedAllowance Balance:RecordedAllowance Balance: RecordedAllowance Balance: Investment:IndividuallyInvestment: Collectively Investment:Purchased Individually Evaluated forCollectively Evaluated for PurchasedCredit-Impaired Evaluated forImpairment andEvaluated forImpairment (ASCCredit-Impaired Loans (ASC 310-30) Impairment andDetermined to beImpairment (ASC450-20)Loans (ASC 310-30) Determined to be Impaired (ASC450-20) Impaired (ASC310-10-35) 310-10-35) 1. Real estate loans:

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 14 Schedule RI-D - Income from Foreign Offices Dollar amounts in thousands 0 1. RIADC899 1. Total interest income in foreign offices......................................................................................................................... 2. Total interest expense in foreign offices....................................................................................................................... 3. Provision for loan and lease losses in foreign offices.................................................................................................. 4. Noninterest income in foreign offices: a. Trading revenue.................................................................................................................................................... b. Investment banking, advisory, brokerage, and underwriting fees and commissions............................................ c. Net securitization income..................................................................................................................................... d. Other noninterest income..................................................................................................................................... 5. Realized gains (losses) on held-to-maturity and available-for-sale securities in foreign offices.................................. 6. Total noninterest expense in foreign offices................................................................................................................. 7. Adjustments to pretax income in foreign offices for internal allocations to foreign offices to reflect the effects of equity capital on overall bank funding costs............................................................................................................................... 8. Applicable income taxes (on items 1 through 7).......................................................................................................... 9. Extraordinary items and other adjustments, net of income taxes, in foreign offices.................................................... 10. Net income attributable to foreign offices before internal allocations of income and expense (item 1 plus or minus items 2 through 9)........................................................................................................................................................... 11. Not applicable 12. Eliminations arising from the consolidation of foreign offices with domestic offices.................................................. 13. Consolidated net income attributable to foreign offices (sum of items 10 and 12).................................................... RIADC900 0 2. RIADC901 0 3. 4. RIADC902 0 4.a. RIADC903 0 4.b. RIADC904 0 4.c. RIADC905 0 4.d. RIADC906 0 5. RIADC907 0 6. RIADC908 0 7. RIADC909 0 8. RIADC910 0 9. RIADC911 0 10. 11. RIADC913 0 12. RIADC914 0 13. Schedule RI-E - Explanations Dollar amounts in thousands 1. RIADC013 0 1.a. a. Income and fees from the printing and sale of checks......................................................................................... b. Earnings on/increase in value of cash surrender value of life insurance.............................................................. c. Income and fees from automated teller machines (ATMs)................................................................................... d. Rent and other income from other real estate owned.......................................................................................... e. Safe deposit box rent............................................................................................................................................ f. Net change in the fair values of financial instruments accounted for under a fair value option............................. g. Bank card and credit card interchange fees......................................................................................................... h. Gains on bargain purchases................................................................................................................................ i. Disclose component and the dollar amount of that component: RIADC014 0 1.b. RIADC016 0 1.c. RIAD4042 0 1.d. RIADC015 0 1.e. RIADF229 233,542 1.f. RIADF555 77,100 1.g. RIADJ447 0 1.h. 1.i. Income from Affiliates TEXT4461 1.i.1. 1. Describe component..................................................................................................................................... 2. Amount of component................................................................................................................................... j. Disclose component and the dollar amount of that component: 171,020 1.i.2. RIAD4461 1.j. Commitment facility line fees TEXT4462 1.j.1. 1. Describe component..................................................................................................................................... 2. Amount of component................................................................................................................................... k. Disclose component and the dollar amount of that component: 1. Describe component..................................................................................................................................... 2. Amount of component................................................................................................................................... 2. Other noninterest expense (from Schedule RI, item 7.d) Itemize and describe amounts greater than $25,000 that exceed 3% of Schedule RI, item 7.d: a. Data processing expenses................................................................................................................................... b. Advertising and marketing expenses.................................................................................................................... c. Directors' fees....................................................................................................................................................... d. Printing, stationery, and supplies.......................................................................................................................... e. Postage................................................................................................................................................................ 178,699 1.j.2. RIAD4462 1.k. Click here for value 1.k.1. TEXT4463 157,320 1.k.2. RIAD4463 2. 0 2.a. RIADC017 60,107 2.b. RIAD0497 0 2.c. RIAD4136 0 2.d. RIADC018 0 2.e. RIAD8403 1. Other noninterest income (from Schedule RI, item 5.l) Itemize and describe amounts greater than $25,000 that exceed 3% of Schedule RI, item 5.l:

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 15 Dollar amounts in thousands RIAD4141 89,202 2.f. f. Legal fees and expenses....................................................................................................................................... g. FDIC deposit insurance assessments.................................................................................................................. h. Accounting and auditing expenses....................................................................................................................... i. Consulting and advisory expenses........................................................................................................................ j. Automated teller machine (ATM) and interchange expenses................................................................................ k. Telecommunications expenses............................................................................................................................. l. Disclose component and the dollar amount of that component: 1. Describe component..................................................................................................................................... 2. Amount of component................................................................................................................................... m. Disclose component and the dollar amount of that component: RIAD4146 CONF 2.g. RIADF556 0 2.h. RIADF557 0 2.i. RIADF558 0 2.j. RIADF559 0 2.k. 2.l. TEXT4464 Click here for value 2.l.1. RIAD4464 1,486,711 2.l.2. 2.m. Service contracts outsourced TEXT4467 2.m.1. 1. Describe component..................................................................................................................................... 2. Amount of component................................................................................................................................... n. Disclose component and the dollar amount of that component: 1. Describe component..................................................................................................................................... 2. Amount of component................................................................................................................................... 3. Extraordinary items and other adjustments and applicable income tax effect (from Schedule RI, item 11): a. Disclose component, the gross dollar amount of that component, and its related income tax: 1. Describe component..................................................................................................................................... 2. Amount of component................................................................................................................................... 3. Applicable income tax effect......................................................................................................................... b. Disclose component, the gross dollar amount of that component, and its related income tax: 1. Describe component..................................................................................................................................... 2. Amount of component................................................................................................................................... 3. Applicable income tax effect......................................................................................................................... c. Disclose component, the gross dollar amount of that component, and its related income tax: 1. Describe component..................................................................................................................................... 2. Amount of component................................................................................................................................... 3. Applicable income tax effect......................................................................................................................... 4. Cumulative effect of changes in accounting principles and corrections of material accounting errors (from Schedule RI-A, item 2) (itemize and describe all such effects): a. Disclose component and the dollar amount of that component: 1. Describe component..................................................................................................................................... 2. Amount of component................................................................................................................................... b. Disclose component and the dollar amount of that component: 1. Describe component..................................................................................................................................... 2. Amount of component................................................................................................................................... 5. Other transactions with stockholders (including a parent holding company) (from Schedule RI-A, item 11) (itemize and describe all such transactions): a. Disclose component and the dollar amount of that component: 1. Describe component..................................................................................................................................... 2. Amount of component................................................................................................................................... b. Disclose component and the dollar amount of that component: 1. Describe component..................................................................................................................................... 2. Amount of component................................................................................................................................... 6. Adjustments to allowance for loan and lease losses (from Schedule RI-B, part II, item 6) (itemize and describe all adjustments): a. Disclose component and the dollar amount of that component: 1. Describe component..................................................................................................................................... 2. Amount of component................................................................................................................................... b. Disclose component and the dollar amount of that component: 1. Describe component..................................................................................................................................... RIAD4467 71,211 2.m.2. 2.n. TEXT4468 2.n.1. RIAD4468 0 2.n.2. 3. 3.a. TEXT4469 3.a.1. RIAD4469 0 3.a.2. RIAD4486 0 3.a.3. 3.b. TEXT4487 3.b.1. RIAD4487 0 3.b.2. RIAD4488 0 3.b.3. 3.c. TEXT4489 3.c.1. RIAD4489 0 3.c.2. RIAD4491 0 3.c.3. 4. 4.a. TEXTB526 4.a.1. RIADB526 0 4.a.2. 4.b. TEXTB527 4.b.1. RIADB527 0 4.b.2. 5. 5.a. TEXT4498 Click here for value 5.a.1. RIAD4498 -1,041 5.a.2. 5.b. TEXT4499 5.b.1. RIAD4499 0 5.b.2. 6. 6.a. TEXT4521 6.a.1. RIAD4521 0 6.a.2. 6.b. TEXT4522 6.b.1.

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 16 Dollar amounts in thousands RIAD4522 0 6.b.2. 2. Amount of component................................................................................................................................... 7. Other explanations (the space below is provided for the bank to briefly describe, at its option, any other significant items affecting the Report of Income): a. Comments?.......................................................................................................................................................... b. Other explanations............................................................................................................................................... 7. No 7.a. RIAD4769 Click here for value 7.b. TEXT4769 (TEXT4463) Non-deposit customer related service fees (TEXT4464) Operating expenses paid to Affiliates (TEXT4498) Employee benefit plans and other (TEXT4769) Fee income from letters of credit $74,582, Fee income-syndication fees $99,652 and Net gain on credit derivatives that economically hedge credit exposures held outside the trading account $42,985

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 17 Schedule RC - Balance Sheet Dollar amounts in thousands 1. RCFD0081 969,118 1.a. a. Noninterest-bearing balances and currency and coin.......................................................................................... b. Interest-bearing balances..................................................................................................................................... 2. Securities: a. Held-to-maturity securities (from Schedule RC-B, column A).............................................................................. b. Available-for-sale securities (from Schedule RC-B, column D)............................................................................ 3. Federal funds sold and securities purchased under agreements to resell: a. Federal funds sold in domestic offices................................................................................................................. b. Securities purchased under agreements to resell................................................................................................ 4. Loans and lease financing receivables (from Schedule RC-C): a. Loans and leases held for sale............................................................................................................................. b. Loans and leases, net of unearned income......................................................................................................... c. LESS: Allowance for loan and lease losses.......................................................................................................... d. Loans and leases, net of unearned income and allowance (item 4.b minus 4.c)................................................. 5. Trading assets (from Schedule RC-D)......................................................................................................................... 6. Premises and fixed assets (including capitalized leases)............................................................................................ 7. Other real estate owned (from Schedule RC-M)......................................................................................................... 8. Investments in unconsolidated subsidiaries and associated companies..................................................................... 9. Direct and indirect investments in real estate ventures............................................................................................... 10. Intangible assets: a. Goodwill................................................................................................................................................................ b. Other intangible assets (from Schedule RC-M).................................................................................................... 11. Other assets (from Schedule RC-F).......................................................................................................................... 12. Total assets (sum of items 1 through 11)................................................................................................................... 13. Deposits: a. In domestic offices (sum of totals of columns A and C from Schedule RC-E, part I)........................................... 1. Noninterest-bearing...................................................................................................................................... 2. Interest-bearing............................................................................................................................................. b. In foreign offices, Edge and Agreement subsidiaries, and IBFs (from Schedule RC-E, part II)........................... 1. Noninterest-bearing...................................................................................................................................... 2. Interest-bearing............................................................................................................................................. 14. Federal funds purchased and securities sold under agreements to repurchase: a. Federal funds purchased in domestic offices....................................................................................................... b. Securities sold under agreements to repurchase................................................................................................. 15. Trading liabilities (from Schedule RC-D).................................................................................................................... 16. Other borrowed money (includes mortgage indebtedness and obligations under capitalized leases) (from Schedule RC-M).............................................................................................................................................................................. 17. Not applicable 18. Not applicable 19. Subordinated notes and debentures......................................................................................................................... 20. Other liabilities (from Schedule RC-G)...................................................................................................................... 21. Total liabilities (sum of items 13 through 20).............................................................................................................. 22. Not applicable 23. Perpetual preferred stock and related surplus........................................................................................................... 24. Common stock........................................................................................................................................................... 25. Surplus (exclude all surplus related to preferred stock)............................................................................................. 26. Not available a. Retained earnings................................................................................................................................................ b. Accumulated other comprehensive income.......................................................................................................... RCFD0071 7,425,565 1.b. 2. RCFD1754 14,020,035 2.a. RCFD1773 35,521,945 2.b. 3. RCONB987 0 3.a. RCFDB989 19,846,612 3.b. 4. RCFD5369 2,095,330 4.a. RCFDB528 78,202,073 4.b. RCFD3123 912,403 4.c. RCFDB529 77,289,670 4.d. RCFD3545 17,174,568 5. RCFD2145 230,209 6. RCFD2150 29,406 7. RCFD2130 39,824 8. RCFD3656 8 9. 10. RCFD3163 1,611,655 10.a. RCFD0426 180,505 10.b. RCFD2160 6,703,765 11. RCFD2170 183,138,215 12. 13. RCON2200 123,770,634 13.a. RCON6631 29,601,642 13.a.1. RCON6636 94,168,992 13.a.2. RCFN2200 11,627,668 13.b. RCFN6631 746,721 13.b.1. RCFN6636 10,880,947 13.b.2. 14. RCONB993 0 14.a. RCFDB995 2,986,259 14.b. RCFD3548 7,457,956 15. RCFD3190 5,802,427 16. 17. 18. RCFD3200 4,549,148 19. RCFD2930 3,169,085 20. RCFD2948 159,363,177 21. 22. RCFD3838 2,500,000 23. RCFD3230 2,002 24. RCFD3839 18,507,263 25. 26. RCFD3632 3,175,372 26.a. RCFDB530 -409,859 26.b. 1. Cash and balances due from depository institutions (from Schedule RC-A):

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 18 Dollar amounts in thousands RCFDA130 0 26.c. c. Other equity capital components.......................................................................................................................... 27. Not available a. Total bank equity capital (sum of items 23 through 26.c)..................................................................................... b. Noncontrolling (minority) interests in consolidated subsidiaries........................................................................... 28. Total equity capital (sum of items 27.a and 27.b)...................................................................................................... 29. Total liabilities and equity capital (sum of items 21 and 28)....................................................................................... 27. RCFD3210 23,774,778 27.a. RCFD3000 260 27.b. RCFDG105 23,775,038 28. RCFD3300 183,138,215 29. Memoranda 1. Indicate in the box at the right the number of the statement below that best describes the most comprehensive level of auditing work performed for the bank by independent external auditors as of any date during 2014......................... 2. Bank's fiscal year-end date.......................................................................................................................................... RCFD6724 NR M.1. NR M.2. RCON8678 Schedule RC-A - Cash and Balances Due From Depository Institutions Dollar amounts in thousands (Column A) Consolidated Bank (Column B) Domestic Offices 1. 1.a. 1.b. 2. 2.a. 2.b. 3. 3.a. 3.b. 6,656,024 5,655,751 4. RCFD0090 RCON0090 4. Balances due from Federal Reserve Banks.......................................................................... 5. Total....................................................................................................................................... 8,394,683 7,391,088 5. RCFD0010 RCON0010 1. Cash items in process of collection, unposted debits, and currency and coin....................... RCFD0022722,414 a. Cash items in process of collection and unposted debits............................................... b. Currency and coin.......................................................................................................... 2. Balances due from depository institutions in the U.S............................................................. RCON0020318,727 RCON0080403,454 RCON0082285,133 a. U.S. branches and agencies of foreign banks (including their IBFs).............................. b. Other commercial banks in the U.S. and other depository institutions in the U.S. (including their IBFs)........................................................................................................................... RCFD008326 RCFD0085285,107 3. Balances due from banks in foreign countries and foreign central banks.............................. RCON0070728,023 a. Foreign branches of other U.S. banks............................................................................ b. Other banks in foreign countries and foreign central banks........................................... RCFD00730 RCFD0074731,112

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 19 Schedule RC-B - Securities 0 RCFD0213 0 RCFD1286 17,026,478 RCFD1287 16,896,492 1. 1. U.S. Treasury securities.............................................................. RCFD0211 2. U.S. Government agency obligations (exclude mortgage-backed securities): 2. a. Issued by U.S. Government agencies.................................. RCFD1289 0 RCFD1290 0 RCFD1291 0 RCFD1293 0 2.a. b. Issued by U.S. Government-sponsored agencies................ RCFD1294 0 RCFD1295 0 RCFD1297 4,133,270 RCFD1298 4,243,536 2.b. 3. Securities issued by states and political subdivisions in the U.S.................................................................................................. 4. Mortgage-backed securities (MBS): a. Residential mortgage pass-through securities: RCFD8496 15,994 RCFD8497 16,817 RCFD8498 93,492 RCFD8499 96,002 3. 4. 4.a. 1. Guaranteed by GNMA.................................................. RCFDG300 3,267,386 RCFDG301 3,275,168 RCFDG302 10,647,961 RCFDG303 10,509,895 4.a.1. 2. Issued by FNMA and FHLMC...................................... RCFDG304 2,944,963 RCFDG305 2,956,301 RCFDG306 1,450,834 RCFDG307 1,440,534 4.a.2. 3. Other pass-through securities...................................... RCFDG308 0 RCFDG309 0 RCFDG310 298 RCFDG311 298 4.a.3. b. Other residential mortgage-backed securities (include CMOs, REMICs, and stripped MBS): 4.b. 1. Issued or guaranteed by U.S. Government agencies or RCFDG312 sponsored agencies......................................................... 5,389,614 RCFDG313 5,491,355 RCFDG314 416,092 RCFDG315 411,861 4.b.1. 2. Collateralized by MBS issued or guaranteed by U.S. Government agencies or sponsored agencies................. 0 RCFDG317 0 RCFDG318 0 RCFDG319 0 4.b.2. RCFDG316 6,951 RCFDG321 7,596 RCFDG322 0 RCFDG323 0 4.b.3. 3. All other residential MBS.............................................. RCFDG320 c. Commercial MBS: 1. Commercial mortgage pass-through securities: a. Issued or guaranteed by FNMA, FHLMC, or GNMA....................................................................... 4.c. 4.c.1. 0 RCFDK143 0 RCFDK144 0 RCFDK145 0 4.c.1.a. RCFDK142 0 RCFDK147 0 RCFDK148 0 RCFDK149 0 4.c.1.b. b. Other pass-through securities............................... RCFDK146 4.c.2. 2. Other commercial MBS: a. Issued or guaranteed by U.S. Government agencies or sponsored agencies.............................. 2,395,127 RCFDK151 2,413,761 RCFDK152 1,036,149 RCFDK153 1,042,232 4.c.2.a. RCFDK150 0 RCFDK155 0 RCFDK156 8,739 RCFDK157 8,723 4.c.2.b. b. All other commercial MBS..................................... RCFDK154 5. 5. Asset-backed securities and structured financial products: 0 RCFDC988 0 RCFDC989 192,778 RCFDC027 164,276 5.a. a. Asset-backed securities (ABS)............................................ RCFDC026 5.b. b. Structured financial products: 0 RCFDG337 0 RCFDG338 0 RCFDG339 0 5.b.1. 1. Cash............................................................................. RCFDG336 0 RCFDG341 0 RCFDG342 0 RCFDG343 0 5.b.2. 2. Synthetic....................................................................... RCFDG340 0 RCFDG345 0 RCFDG346 0 RCFDG347 0 5.b.3. 3. Hybrid........................................................................... RCFDG344 6. 6. Other debt securities: 0 RCFD1738 0 RCFD1739 0 RCFD1741 0 6.a. a. Other domestic debt securities............................................ RCFD1737 0 RCFD1743 0 RCFD1744 548,168 RCFD1746 546,676 6.b. b. Other foreign debt securities................................................ RCFD1742 7. Investments in mutual funds and other equity securities with readily determinable fair values...................................................... 8. Total (sum of items 1 through 7) (total of column A must equal Schedule RC, item 2.a) (total of column D must equal Schedule RC, item 2.b)................................................................................... 7. 8. RCFDA510160,879 RCFDA511161,420 RCFD1754 14,020,035 RCFD1771 14,160,998 RCFD1772 35,715,138 RCFD1773 35,521,945 Dollar amounts in thousands (Column A)(Column B)(Column C)(Column D) Held-to-maturityHeld-to-maturity FairAvailable-for-saleAvailable-for-sale Fair Amortized CostValueAmortized CostValue

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 20 Schedule RC-B - Securities Memoranda Dollar amounts in thousands 14,384,874 M.1. RCFD0416 1. Pledged securities....................................................................................................................................................... 2. Maturity and repricing data for debt securities (excluding those in nonaccrual status): a. Securities issued by the U.S. Treasury, U.S. Government agencies, and states and political subdivisions in the U.S.; other non-mortgage debt securities; and mortgage pass-through securities other than those backed by closed-end first lien 1-4 family residential mortgages with a remaining maturity or next repricing date of: 1. Three months or less.................................................................................................................................... 2. Over three months through 12 months......................................................................................................... 3. Over one year through three years............................................................................................................... 4. Over three years through five years.............................................................................................................. 5. Over five years through 15 years.................................................................................................................. 6. Over 15 years................................................................................................................................................ b. Mortgage pass-through securities backed by closed-end first lien 1-4 family residential mortgages with a remaining maturity or next repricing date of: 1. Three months or less.................................................................................................................................... 2. Over three months through 12 months......................................................................................................... 3. Over one year through three years............................................................................................................... 4. Over three years through five years.............................................................................................................. 5. Over five years through 15 years.................................................................................................................. 6. Over 15 years................................................................................................................................................ c. Other mortgage-backed securities (include CMOs, REMICs, and stripped MBS; exclude mortgage pass-through securities) with an expected average life of: 1. Three years or less....................................................................................................................................... 2. Over three years........................................................................................................................................... d. Debt securities with a REMAINING MATURITY of one year or less (included in Memorandum items 2.a through 2.c above)................................................................................................................................................................ 3. Amortized cost of held-to-maturity securities sold or transferred to available-for-sale or trading securities during the calendar year-to-date (report the amortized cost at date of sale or transfer).................................................................. 4. Structured notes (included in the held-to-maturity and available-for-sale accounts in Schedule RC-B, items 2, 3, 5, and 6): a. Amortized cost..................................................................................................................................................... b. Fair value.............................................................................................................................................................. M.2. M.2.a. 75,534 M.2.a.1. RCFDA549 1,509,187 M.2.a.2. RCFDA550 766,821 M.2.a.3. RCFDA551 7,427,934 M.2.a.4. RCFDA552 8,753,791 M.2.a.5. RCFDA553 3,429,709 M.2.a.6. RCFDA554 M.2.b. 64,555 M.2.b.1. RCFDA555 19 M.2.b.2. RCFDA556 6,047 M.2.b.3. RCFDA557 50,819 M.2.b.4. RCFDA558 2,657,975 M.2.b.5. RCFDA559 15,383,661 M.2.b.6. RCFDA560 M.2.c. 1,216,900 M.2.c.1. RCFDA561 8,037,608 M.2.c.2. RCFDA562 1,509,206 M.2.d. RCFDA248 0 M.3. RCFD1778 M.4. 0 M.4.a. RCFD8782 0 M.4.b. RCFD8783

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 21 Schedule RC-B - Securities Memoranda M.5. 0 RCFDB839 0 RCFDB840 0 RCFDB841 0 M.5.a. a. Credit card receivables........................................................ RCFDB838 0 RCFDB843 0 RCFDB844 83,113 RCFDB845 75,534 M.5.b. b. Home equity lines................................................................ RCFDB842 0 RCFDB847 0 RCFDB848 0 RCFDB849 0 M.5.c. c. Automobile loans................................................................. RCFDB846 0 RCFDB851 0 RCFDB852 0 RCFDB853 0 M.5.d. d. Other consumer loans......................................................... RCFDB850 0 RCFDB855 0 RCFDB856 0 RCFDB857 0 M.5.e. e. Commercial and industrial loans......................................... RCFDB854 0 RCFDB859 0 RCFDB860 109,665 RCFDB861 88,742 M.5.f. f. Other..................................................................................... RCFDB858 6. Structured financial products by underlying collateral or reference assets (for each column, sum of Memorandum items 6.a through 6.g must equal Schedule RC-B, sum of items 5.b(1) through(3)): M.6. a. Trust preferred securities issued by financial institutions...... RCFDG348 0 RCFDG349 0 RCFDG350 0 RCFDG351 0 M.6.a. b. Trust preferred securities issued by real estate investment trusts........................................................................................ RCFDG352 0 RCFDG353 0 RCFDG354 0 RCFDG355 0 M.6.b. c. Corporate and similar loans................................................. RCFDG356 0 RCFDG357 0 RCFDG358 0 RCFDG359 0 M.6.c. d. 1-4 family residential MBS issued or guaranteed by U.S. government-sponsored enterprises (GSEs)............................ e. 1-4 family residential MBS not issued or guaranteed by GSEs....................................................................................... RCFDG360 0 RCFDG361 0 RCFDG362 0 RCFDG363 0 M.6.d. RCFDG364 0 RCFDG365 0 RCFDG366 0 RCFDG367 0 M.6.e. f. Diversified (mixed) pools of structured financial products...... RCFDG368 0 RCFDG369 0 RCFDG370 0 RCFDG371 0 M.6.f. g. Other collateral or reference assets..................................... RCFDG372 0 RCFDG373 0 RCFDG374 0 RCFDG375 0 M.6.g. Dollar amounts in thousands (Column A)(Column B)(Column C)(Column D) Held-to-maturityHeld-to-maturity FairAvailable-for-saleAvailable-for-sale Fair Amortized CostValueAmortized CostValue 5. Asset-backed securities (ABS) (for each column, sum of Memorandum items 5.a through 5.f must equal Schedule RC-B, item 5.a):

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 22 Schedule RC-C Part I - Loans and Leases Dollar amounts in thousands (Column A) Consolidated Bank (Column B) Domestic Offices 1. 1.a. 0 0 1.a.1. 1. 1-4 family residential construction loans................................................................. 2. Other construction loans and all land development and other land loans............... b. Secured by farmland (including farm residential and other improvements).................... c. Secured by 1-4 family residential properties: 1. Revolving, open-end loans secured by 1-4 family residential properties and extended under lines of credit..................................................................................................... 2. Closed-end loans secured by 1-4 family residential properties: a. Secured by first liens........................................................................................ b. Secured by junior liens..................................................................................... d. Secured by multifamily (5 or more) residential properties.............................................. e. Secured by nonfarm nonresidential properties: 1. Loans secured by owner-occupied nonfarm nonresidential properties................... 2. Loans secured by other nonfarm nonresidential properties.................................... 2. Loans to depository institutions and acceptances of other banks: a. To commercial banks in the U.S..................................................................................... 1. To U.S. branches and agencies of foreign banks.................................................... 2. To other commercial banks in the U.S..................................................................... b. To other depository institutions in the U.S....................................................................... c. To banks in foreign countries.......................................................................................... 1. To foreign branches of other U.S. banks.................................................................. 2. To other banks in foreign countries......................................................................... 3. Loans to finance agricultural production and other loans to farmers..................................... 4. Commercial and industrial loans: a. To U.S. addressees (domicile)........................................................................................ b. To non-U.S. addressees (domicile)................................................................................. 5. Not applicable 6. Loans to individuals for household, family, and other personal expenditures (i.e., consumer loans) (includes purchased paper): a. Credit cards.................................................................................................................... b. Other revolving credit plans............................................................................................ c. Automobile loans............................................................................................................ d. Other consumer loans (includes single payment and installment loans other than automobile loans, and all student loans)............................................................................ 7. Loans to foreign governments and official institutions (including foreign central banks)....... 8. Obligations (other than securities and leases) of states and political subdivisions in the U.S............................................................................................................................................. 9. Loans to nondepository financial institutions and other loans............................................... a. Loans to nondepository financial institutions.................................................................. b. Other loans: 1. Loans for purchasing or carrying securities (secured and unsecured)................... 2. All other loans (exclude consumer loans)............................................................... 10. Lease financing receivables (net of unearned income)....................................................... a. Leases to individuals for household, family, and other personal expenditures (i.e., consumer leases)............................................................................................................... b. All other leases............................................................................................................... 11. LESS: Any unearned income on loans reflected in items 1-9 above................................... 12. Total loans and leases, net of unearned income (item 12, column A must equal Schedule RC, sum of items 4.a and 4.b)................................................................................................... RCFDF158 RCONF158 1,331,504 1,331,504 1.a.2. RCFDF159 RCONF159 0 0 1.b. RCFD1420 RCON1420 1.c. 1,510,622 1,510,622 1.c.1. RCFD1797 RCON1797 1.c.2. 17,796,675 17,796,675 1.c.2.a. RCFD5367 RCON5367 89,734 89,734 1.c.2.b. RCFD5368 RCON5368 2,967,814 2,967,814 1.d. RCFD1460 RCON1460 1.e. 979,527 979,527 1.e.1. RCFDF160 RCONF160 6,573,195 6,573,195 1.e.2. RCFDF161 RCONF161 2. 2.a. 2.a.1. 2.a.2. 32 32 2.b. RCFDB534 RCONB534 2.c. 2.c.1. 2.c.2. 311,056 236,098 3. RCFD1590 RCON1590 4. 24,295,739 24,268,119 4.a. RCFD1763 RCON1763 11,304,369 10,615,789 4.b. RCFD1764 RCON1764 5. 6. 698,772 698,772 6.a. RCFDB538 RCONB538 96,811 96,811 6.b. RCFDB539 RCONB539 408 408 6.c. RCFDK137 RCONK137 381,520 233,281 6.d. RCFDK207 RCONK207 159,331 159,331 7. RCFD2081 RCON2081 0 0 8. RCFD2107 RCON2107 9. 9.a. 9.b. 9.b.1. 9.b.2. 10. 10.a. 10.b. 0 0 11. RCFD2123 RCON2123 80,297,403 79,260,724 12. RCFD2122 RCON2122 RCFD15638,249,094 RCONJ4547,599,721 RCON154527,363 RCONJ451524,728 RCON2165624 RCFDF1620 RCFDF163624 RCONB5353,431,619 RCFDB5360 RCFDB5373,431,619 RCONB531118,957 RCFDB5320 RCFDB533118,957 1. Loans secured by real estate.................................................................................................RCFD1410NR a. Construction, land development, and other land loans:

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 23 Schedule RC-C Part I - Loans and Leases Memoranda Dollar amounts in thousands M.1. M.1.a. RCONK158 0 M.1.a.1. 1. 1-4 family residential construction loans....................................................................................................... 2. Other construction loans and all land development and other land loans..................................................... b. Loans secured by 1-4 family residential properties in domestic offices................................................................ c. Secured by multifamily (5 or more) residential properties in domestic offices...................................................... d. Secured by nonfarm nonresidential properties in domestic offices: 1. Loans secured by owner-occupied nonfarm nonresidential properties......................................................... 2. Loans secured by other nonfarm nonresidential properties.......................................................................... e. Commercial and industrial loans: 1. To U.S. addressees (domicile)....................................................................................................................... 2. To non-U.S. addressees (domicile)............................................................................................................... f. All other loans (include loans to individuals for household, family, and other personal expenditures).................. 1. Loans secured by farmland in domestic offices............................................................................................ 2. Loans to depository institutions and acceptances of other banks................................................................. 3. Loans to finance agricultural production and other loans to farmers............................................................ 4. Loans to individuals for household, family, and other personal expenditures: a. Credit cards........................................................................................................................................... b. Automobile loans................................................................................................................................... c. Other (includes revolving credit plans other than credit cards and other consumer loans)................... 5. Loans to foreign governments and official institutions.................................................................................. 6. Other loans................................................................................................................................................... 7. Loans secured by real estate in foreign offices............................................................................................. 2. Maturity and repricing data for loans and leases (excluding those in nonaccrual status): a. Closed-end loans secured by first liens on 1-4 family residential properties in domestic offices (reported in Schedule RC-C, part I, item 1.c.(2)(a), column B) with a remaining maturity or next repricing date of: 1. Three months or less.................................................................................................................................... 2. Over three months through 12 months......................................................................................................... 3. Over one year through three years............................................................................................................... 4. Over three years through five years.............................................................................................................. 5. Over five years through 15 years.................................................................................................................. 6. Over 15 years................................................................................................................................................ b. All loans and leases (reported in Schedule RC-C, part I, items 1 through 10, column A) EXCLUDING closed-end loans secured by first liens on 1-4 family residential properties in domestic offices (reported in Schedule RC-C, part I, item 1.c.(2)(a), column B) with a remaining maturity or next repricing date of: 1. Three months or less.................................................................................................................................... 2. Over three months through 12 months......................................................................................................... 3. Over one year through three years............................................................................................................... 4. Over three years through five years.............................................................................................................. 5. Over five years through 15 years.................................................................................................................. 6. Over 15 years................................................................................................................................................ c. Loans and leases (reported in Schedule RC-C, part I, items 1 through 10, column A) with a REMAINING MATURITY of one year or less (excluding those in nonaccrual status)................................................................... 3. Loans to finance commercial real estate, construction, and land development activities (not secured by real estate) included in Schedule RC-C, part I, items 4 and 9, column A.......................................................................................... 4. Adjustable rate closed-end loans secured by first liens on 1-4 family residential properties in domestic offices (included in Schedule RC-C, part I, item 1.c.(2)(a), column B)....................................................................................................... 5. Loans secured by real estate to non-U.S. addressees (domicile) (included in Schedule RC-C, Part I, item 1, column A, or Schedule RC-C, Part I, items 1.a.(1) through 1.e.(2), column A, as appropriate)................................................... 6. Outstanding credit card fees and finance charges included in Schedule RC-C, part I, item 6.a, column A................ RCONK159 8,928 M.1.a.2. RCONF576 654,418 M.1.b. RCONK160 0 M.1.c. M.1.d. RCONK161 6,211 M.1.d.1. RCONK162 52,281 M.1.d.2. M.1.e. RCFDK163 113,343 M.1.e.1. RCFDK164 0 M.1.e.2. RCFDK165 4,617 M.1.f. RCONK166 0 M.1.f.1. RCFDK167 0 M.1.f.2. RCFDK168 0 M.1.f.3. M.1.f.4. RCFDK098 0 M.1.f.4.a. RCFDK203 0 M.1.f.4.b. RCFDK204 0 M.1.f.4.c. RCFDK212 0 M.1.f.5. RCFDK267 0 M.1.f.6. RCFNK289 0 M.1.f.7. M.2. M.2.a. RCONA564 1,364,593 M.2.a.1. RCONA565 2,167,652 M.2.a.2. RCONA566 2,915,059 M.2.a.3. RCONA567 3,179,807 M.2.a.4. RCONA568 5,293,048 M.2.a.5. RCONA569 2,051,513 M.2.a.6. M.2.b. 53,320,733 M.2.b.1. RCFDA570 4,022,103 M.2.b.2. RCFDA571 3,633,158 M.2.b.3. RCFDA572 394,130 M.2.b.4. RCFDA573 655,939 M.2.b.5. RCFDA574 121,009 M.2.b.6. RCFDA575 17,247,814 M.2.c. RCFDA247 719,797 M.3. RCFD2746 8,435,098 M.4. RCON5370 797,436 M.5. RCFDB837 0 M.6. RCFDC391 1. Loans restructured in troubled debt restructurings that are in compliance with their modified terms (included in Schedule RC-C, part 1, and not reported as past due or nonaccrual in Schedule RC-N, Memorandum item 1): a. Construction, land development, and other land loans in domestic offices:

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 24 Memoranda Dollar amounts in thousands M.7. 101,583 M.7.a. a. Outstanding balance............................................................................................................................................ b. Amount included in Schedule RC-C, part I, items 1 through 9............................................................................. 8. Closed-end loans with negative amortization features secured by 1-4 family residential properties in domestic offices: a. Total amount of closed-end loans with negative amortization features secured by 1-4 family residential properties (included in Schedule RC-C, part I, items 1.c.(2)(a) and 1.c.(2)(b))......................................................................... b. Total maximum remaining amount of negative amortization contractually permitted on closed-end loans secured by 1-4 family residential properties.......................................................................................................................... c. Total amount of negative amortization on closed-end loans secured by 1-4 family residential properties included in the amount reported in Memorandum item 8.a above......................................................................................... 9. Loans secured by 1-4 family residential properties in domestic offices in process of foreclosure (included in Schedule RC-C, part I, items 1.c.(1), 1.c.(2)(a), and 1.c.(2)(b))...................................................................................................... RCFDC779 70,333 M.7.b. RCFDC780 M.8. 0 M.8.a. RCONF230 NR M.8.b. RCONF231 NR M.8.c. RCONF232 528,354 M.9. RCONF577 7. Purchased credit-impaired loans held for investment accounted for in accordance with FASB ASC 310-30 (former AICPA Statement of Position 03-3) (exclude loans held for sale):

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 25 Schedule RC-C Part I - Loans and Leases Memoranda Dollar amounts in thousands (Column A) Consolidated Bank (Column B) Domestic Offices M.10. M.10.a. M.10.a.1. M.10.a.2. M.10.a.3. M.10.a.3.a. M.10.a.3.b. M.10.a.3.b.1. M.10.a.3.b.2. M.10.a.4. M.10.a.5. 60,570 60,570 M.10.b. b. Commercial and industrial loans.................................................................................... c. Loans to individuals for household, family, and other personal expenditures (i.e., consumer loans) (includes purchased paper): 1. Credit cards............................................................................................................. 2. Other revolving credit plans..................................................................................... 3. Automobile loans..................................................................................................... 4. Other consumer loans............................................................................................. d. Other loans..................................................................................................................... 11. Unpaid principal balance of loans measured at fair value (reported in Schedule RC-C, part I, Memorandum item 10): a. Loans secured by real estate......................................................................................... 1. Construction, and land development, and other land loans.................................... 2. Secured by farmland (including farm residential and other improvements)............ 3. Secured by 1-4 family residential properties: a. Revolving, open-end loans secured by 1-4 family residential properties and extended under lines of credit.............................................................................. b. Closed-end loans secured by 1-4 family residential properties: 1. Secured by first liens................................................................................ 2. Secured by junior liens............................................................................. 4. Secured by multifamily (5 or more) residential properties....................................... 5. Secured by nonfarm nonresidential properties....................................................... b. Commercial and industrial loans.................................................................................... c. Loans to individuals for household, family, and other personal expenditures (i.e., consumer loans) (includes purchased paper): 1. Credit cards............................................................................................................. 2. Other revolving credit plans..................................................................................... 3. Automobile loans..................................................................................................... 4. Other consumer loans............................................................................................. d. Other loans..................................................................................................................... RCFDF585 RCONF585 M.10.c. 0 0 M.10.c.1. RCFDF586 RCONF586 0 0 M.10.c.2. RCFDF587 RCONF587 0 0 M.10.c.3. RCFDK196 RCONK196 0 0 M.10.c.4. RCFDK208 RCONK208 0 0 M.10.d. RCFDF589 RCONF589 M.11. M.11.a. M.11.a.1. M.11.a.2. M.11.a.3. M.11.a.3.a. M.11.a.3.b. M.11.a.3.b.1. M.11.a.3.b.2. M.11.a.4. M.11.a.5. 60,570 60,570 M.11.b. RCFDF597 RCONF597 M.11.c. 0 0 M.11.c.1. RCFDF598 RCONF598 0 0 M.11.c.2. RCFDF599 RCONF599 0 0 M.11.c.3. RCFDK195 RCONK195 0 0 M.11.c.4. RCFDK209 RCONK209 0 0 M.11.d. RCFDF601 RCONF601 RCFDF6090 RCONF5900 RCONF5910 RCONF5920 RCONF5930 RCONF5940 RCONF5950 RCONF5960 10. Loans measured at fair value (included in Schedule RC-C, part I, items 1 through 9): a. Loans secured by real estate.........................................................................................RCFDF6080 1. Construction, land development, and other land loans........................................... 2. Secured by farmland (including farm residential and other improvements)............ 3. Secured by 1-4 family residential properties: a. Revolving, open-end loans secured by 1-4 family residential properties and extended under lines of credit.............................................................................. b. Closed-end loans secured by 1-4 family residential properties: 1. Secured by first liens................................................................................ 2. Secured by junior liens............................................................................. 4. Secured by multifamily (5 or more) residential properties....................................... 5. Secured by nonfarm nonresidential properties....................................................... RCONF5780 RCONF5790 RCONF5800 RCONF5810 RCONF5820 RCONF5830 RCONF5840

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 26 Schedule RC-C Part I - Loans and Leases Memoranda M.12. RCFDG091 0 RCFDG092 0 RCFDG093 0 M.12.a. a. Loans secured by real estate................................................................ b. Commercial and industrial loans........................................................... c. Loans to individuals for household, family, and other personal expenditures.............................................................................................. d. All other loans and all leases................................................................. RCFDG094 0 RCFDG095 0 RCFDG096 0 M.12.b. RCFDG097 0 RCFDG098 0 RCFDG099 0 M.12.c. RCFDG100 0 RCFDG101 0 RCFDG102 0 M.12.d. Schedule RC-C Part I - Loans and Leases Memoranda Dollar amounts in thousands M.13. a. Amount of loans that provide for the use of interest reserves (included in Schedule RC-C, part I, item 1.a, column B) ............................................................................................................................................................................. b. Amount of interest capitalized from interest reserves on construction, land development, and other land loans that is included in interest and fee income on loans during the quarter (included in Schedule RI, item 1.a.(1)(a)(2)). 14. Pledged loans and leases......................................................................................................................................... 15. Reverse mortgages in domestic offices: a. Reverse mortgages outstanding that are held for investment (included in Schedule RC-C, item 1.c, above): 1. Home Equity Conversion Mortgage (HECM) reverse mortgages................................................................. 2. Proprietary reverse mortgages..................................................................................................................... b. Estimated number of reverse mortgage loan referrals to other lenders during the year from whom compensation has been received for services performed in connection with the origination of the reverse mortgages: 1. Home Equity Conversion Mortgage (HECM) reverse mortgages................................................................. 2. Proprietary reverse mortgages..................................................................................................................... c. Principal amount of reverse mortgage originations that have been sold during the year: 1. Home Equity Conversion Mortgage (HECM) reverse mortgages................................................................. 2. Proprietary reverse mortgages..................................................................................................................... RCONG376 0 M.13.a. RIADG377 0 M.13.b. RCFDG378 17,879,536 M.14. M.15. M.15.a. RCONJ466 0 M.15.a.1. RCONJ467 0 M.15.a.2. M.15.b. RCONJ468 0 M.15.b.1. RCONJ469 0 M.15.b.2. M.15.c. RCONJ470 0 M.15.c.1. RCONJ471 0 M.15.c.2. Schedule RC-C Part II - Loans to Small Businesses and Small Farms Dollar amounts in thousands 1. 2. a. "Loans secured by nonfarm nonresidential properties" in domestic offices reported in Schedule RC-C, part I, items 1.e.(1) and 1.e.(2), column B.......................................................................................................................... b. "Commercial and industrial loans to U.S. addressees" in domestic offices reported in Schedule RC-C, part I, item 4.a, column B................................................................................................................................................... NR 2.a. RCON5562 NR 2.b. RCON5563 1. Indicate in the appropriate box at the right whether all or substantially all of the dollar volume of your bank's "Loans secured by nonfarm nonresidential properties" in domestic offices reported in Schedule RC-C, part I, items 1.e.(1) and 1.e.(2), column B, and all or substantially all of the dollar volume of your bank's "Commercial and industrial loans to U.S. addressees" in domestic offices reported in Schedule RC-C, part I, item 4.a, column B, have original amounts of $100,000 or less.............................................................................................................................................................. 2. Report the total number of loans currently outstanding for each of the following Schedule RC-C, part I, loan categories: RCON6999No 13. Construction, land development, and other land loans in domestic offices with interest reserves: Dollar amounts in thousands (Column A) Fair value of(Column B) Gross(Column C) Best estimate acquired loans and leasescontractual amountsat acquisition date of at acquisition datereceivable at acquisition contractual cash flows not dateexpected to be collected 12. Loans (not subject to the requirements of FASB ASC 310-30 (former AICPA Statement of Position 03-3)) and leases held for investment that were acquired in business combinations with acquisition dates in the current calendar year:

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 27 Schedule RC-C Part II - Loans to Small Businesses and Small Farms (Column A) Number of Loans (Column B) Amount Currently Outstanding Dollar amounts in thousands 3. RCON5564 16 RCON5565 739 3.a. a. With original amounts of $100,000 or less..................................................................... b. With original amounts of more than $100,000 through $250,000................................... c. With original amounts of more than $250,000 through $1,000,000................................ 4. Number and amount currently outstanding of "Commercial and industrial loans to U.S. addressees" in domestic offices reported in Schedule RC-C, part I, item 4.a, column B: a. With original amounts of $100,000 or less..................................................................... b. With original amounts of more than $100,000 through $250,000................................... c. With original amounts of more than $250,000 through $1,000,000................................ RCON5566 66 RCON5567 5,934 3.b. RCON5568 276 RCON5569 88,238 3.c. 4. RCON5570 3076 RCON5571 123,038 4.a. RCON5572 650 RCON5573 79,942 4.b. RCON5574 628 RCON5575 184,725 4.c. Schedule RC-C Part II - Loans to Small Businesses and Small Farms Dollar amounts in thousands 5. 6. a. "Loans secured by farmland (including farm residential and other improvements)" in domestic offices reported in Schedule RC-C, part I, item 1.b, column B.......................................................................................................... b. "Loans to finance agricultural production and other loans to farmers" in domestic offices reported in Schedule RC-C, part I, item 3, column B................................................................................................................................. NR 6.a. RCON5576 NR 6.b. RCON5577 Schedule RC-C Part II - Loans to Small Businesses and Small Farms (Column A) Number of Loans (Column B) Amount Currently Outstanding Dollar amounts in thousands 7. 0 0 7.a. RCON5578 RCON5579 a. With original amounts of $100,000 or less..................................................................... b. With original amounts of more than $100,000 through $250,000................................... c. With original amounts of more than $250,000 through $500,000................................... 8. Number and amount currently outstanding of "Loans to finance agricultural production and other loans to farmers" in domestic offices reported in Schedule RC-C, part I, item 3, column B: a. With original amounts of $100,000 or less..................................................................... b. With original amounts of more than $100,000 through $250,000................................... c. With original amounts of more than $250,000 through $500,000................................... 0 0 7.b. RCON5580 RCON5581 0 0 7.c. RCON5582 RCON5583 8. RCON5584 4 RCON5585 80 8.a. RCON5586 0 RCON5587 0 8.b. RCON5588 2 RCON5589 800 8.c. 7. Number and amount currently outstanding of "Loans secured by farmland (including farm residential and other improvements)" in domestic offices reported in Schedule RC-C, part I, item 1.b, column B: 5. Indicate in the appropriate box at the right whether all or substantially all of the dollar volume of your bank's "Loans secured by farmland (including farm residential and other improvements)" in domestic offices reported in Schedule RC-C, part I, item 1.b, column B, and all or substantially all of the dollar volume of your bank's "Loans to finance agricultural production and other loans to farmers" in domestic offices reported in Schedule RC-C, part I, item 3, column B, have original amounts of $100,000 or less................................................................................................................. 6. Report the total number of loans currently outstanding for each of the following Schedule RC-C, part I, loan categories: RCON6860No 3. Number and amount currently outstanding of "Loans secured by nonfarm nonresidential properties" in domestic offices reported in Schedule RC-C, part I, items 1.e.(1) and 1.e.(2), column B:

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 28 Schedule RC-D - Trading Assets and Liabilities Dollar amounts in thousands (Column A) Consolidated Bank (Column B) Domestic Offices 3,087,775 3,087,775 1. RCFD3531 RCON3531 1. U.S. Treasury securities......................................................................................................... 2. U.S. Government agency obligations (exclude mortgage-backed securities)........................ 3. Securities issued by states and political subdivisions in the U.S........................................... 4. Mortgage-backed securities (MBS): a. Residential mortgage pass-through securities issued or guaranteed by FNMA, FHLMC, or GNMA............................................................................................................................ b. Other residential MBS issued or guaranteed by U.S. Government agencies or sponsored agencies (include CMOs, REMICs, and stripped MBS)..................................................... c. All other residential MBS................................................................................................ d. Commercial MBS issued or guaranteed by U.S. Government agencies or sponsored agencies............................................................................................................................. e. All other commercial MBS.............................................................................................. 5. Other debt securities: a. Structured financial products: 1. Cash........................................................................................................................ 2. Synthetic................................................................................................................. 3. Hybrid...................................................................................................................... b. All other debt securities.................................................................................................. 6. Loans: a. Loans secured by real estate......................................................................................... 1. Construction, land development, and other land loans........................................... 2. Secured by farmland (including farm residential and other improvements)............ 3. Secured by 1-4 family residential properties: a. Revolving, open-end loans secured by 1-4 family residential properties and extended under lines of credit.............................................................................. b. Closed-end loans secured by 1-4 family residential properties: 1. Secured by first liens................................................................................ 2. Secured by junior liens............................................................................. 4. Secured by multifamily (5 or more) residential properties....................................... 5. Secured by nonfarm nonresidential properties....................................................... b. Commercial and industrial loans.................................................................................... c. Loans to individuals for household, family, and other personal expenditures (i.e., consumer loans) (includes purchased paper): 1. Credit cards............................................................................................................. 2. Other revolving credit plans..................................................................................... 3. Automobile loans..................................................................................................... 4. Other consumer loans............................................................................................. d. Other loans..................................................................................................................... 7. Not appliable 8. Not applicable 9. Other trading assets.............................................................................................................. 10. Not applicable 11. Derivatives with a positive fair value.................................................................................... 12. Total trading assets (sum of items 1 through 11) (total of column A must equal Schedule RC, item 5)................................................................................................................................ 13. Not available a. Liability for short positions.............................................................................................. b. Other trading liabilities.................................................................................................... 14. Derivatives with a negative fair value................................................................................... 15. Total trading liabilities (sum of items 13.a through 14) (total of column A must equal Schedule RC, item 15).............................................................................................................................. 0 0 2. RCFD3532 RCON3532 559,256 559,256 3. RCFD3533 RCON3533 4. 165,989 165,989 4.a. RCFDG379 RCONG379 0 0 4.b. RCFDG380 RCONG380 114,074 114,074 4.c. RCFDG381 RCONG381 0 0 4.d. RCFDK197 RCONK197 0 0 4.e. RCFDK198 RCONK198 5. 5.a. 221,156 221,156 5.a.1. RCFDG383 RCONG383 0 0 5.a.2. RCFDG384 RCONG384 0 0 5.a.3. RCFDG385 RCONG385 6,988,075 6,988,075 5.b. RCFDG386 RCONG386 6. 6.a. 6.a.1. 6.a.2. 6.a.3. 6.a.3.a. 6.a.3.b. 6.a.3.b.1. 6.a.3.b.2. 6.a.4. 6.a.5. 90,011 90,011 6.b. RCFDF614 RCONF614 6.c. 0 0 6.c.1. RCFDF615 RCONF615 0 0 6.c.2. RCFDF616 RCONF616 0 0 6.c.3. RCFDK199 RCONK199 0 0 6.c.4. RCFDK210 RCONK210 0 0 6.d. RCFDF618 RCONF618 7. 8. 796,614 796,614 9. RCFD3541 RCON3541 10. 5,151,618 5,151,565 11. RCFD3543 RCON3543 17,174,568 17,174,515 12. RCFD3545 RCON3545 13. 399,066 399,066 13.a. RCFD3546 RCON3546 649,956 649,956 13.b. RCFDF624 RCONF624 6,408,934 6,408,934 14. RCFD3547 RCON3547 7,457,956 7,457,956 15. RCFD3548 RCON3548 RCFDF6100 RCONF6040 RCONF6050 RCONF6060 RCONF6070 RCONF6110 RCONF6120 RCONF6130

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 29 Dollar amounts in thousands (Column A) Consolidated Bank (Column B) Domestic Offices Memoranda 1. Unpaid principal balance of loans measured at fair value (reported in Schedule RC-D, items 6.a through 6.d): a. Loans secured by real estate......................................................................................... 1. Construction, land development, and other land loans........................................... 2. Secured by farmland (including farm residential and other improvements)............ 3. Secured by 1-4 family residential properties: a. Revolving, open-end loans secured by 1-4 family residential properties and extended under lines of credit.............................................................................. b. Closed-end loans secured by 1-4 family residential properties: 1. Secured by first liens................................................................................ 2. Secured by junior liens............................................................................. 4. Secured by multifamily (5 or more) residential properties....................................... 5. Secured by nonfarm nonresidential properties....................................................... b. Commercial and industrial loans.................................................................................... c. Loans to individuals for household, family, and other personal expenditures (i.e., consumer loans) (includes purchased paper): 1. Credit cards............................................................................................................. 2. Other revolving credit plans..................................................................................... 3. Automobile loans..................................................................................................... 4. Other consumer loans............................................................................................. d. Other loans..................................................................................................................... 2. Loans measured at fair value that are past due 90 days or more: a. Fair value........................................................................................................................ b. Unpaid principal balance................................................................................................ 3. Structured financial products by underlying collateral or reference assets (for each column, sum of Memorandum items 3.a through 3.g must equal Schedule RC-D, sum of items 5.a.(1) through (3)): a. Trust preferred securities issued by financial institutions................................................ b. Trust preferred securities issued by real estate investment trusts.................................. c. Corporate and similar loans............................................................................................ d. 1-4 family residential MBS issued or guaranteed by U.S. government-sponsored enterprises (GSEs)............................................................................................................. e. 1-4 family residential MBS not issued or guaranteed by GSEs...................................... f. Diversified (mixed) pools of structured financial products............................................... g. Other collateral or reference assets............................................................................... 4. Pledged trading assets: a. Pledged securities.......................................................................................................... b. Pledged loans................................................................................................................. M.1. M.1.a. M.1.a.1. M.1.a.2. M.1.a.3. M.1.a.3.a. M.1.a.3.b. M.1.a.3.b.1. M.1.a.3.b.2. M.1.a.4. M.1.a.5. 89,838 89,838 M.1.b. RCFDF632 RCONF632 M.1.c. RCFDF633 0 RCONF633 0 M.1.c.1. RCFDF634 0 RCONF634 0 M.1.c.2. RCFDK200 0 RCONK200 0 M.1.c.3. RCFDK211 0 RCONK211 0 M.1.c.4. RCFDF636 0 RCONF636 0 M.1.d. M.2. RCFDF639 0 RCONF639 0 M.2.a. RCFDF640 0 RCONF640 0 M.2.b. M.3. 105,179 105,179 M.3.a. RCFDG299 RCONG299 115,977 115,977 M.3.b. RCFDG332 RCONG332 0 0 M.3.c. RCFDG333 RCONG333 0 0 M.3.d. RCFDG334 RCONG334 0 0 M.3.e. RCFDG335 RCONG335 0 0 M.3.f. RCFDG651 RCONG651 0 0 M.3.g. RCFDG652 RCONG652 M.4. 3,802,043 3,802,043 M.4.a. RCFDG387 RCONG387 0 0 M.4.b. RCFDG388 RCONG388 RCFDF7900 RCONF6250 RCONF6260 RCONF6270 RCONF6280 RCONF6290 RCONF6300 RCONF6310

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 30 Schedule RC-D - Trading Assets and Liabilities Memoranda Dollar amounts in thousands M.5. RCFDF643 0 M.5.a. a. Credit card receivables......................................................................................................................................... b. Home equity lines................................................................................................................................................. c. Automobile loans.................................................................................................................................................. d. Other consumer loans.......................................................................................................................................... e. Commercial and industrial loans.......................................................................................................................... f. Other..................................................................................................................................................................... 6. Retained beneficial interests in securitizations (first-loss or equity tranches)............................................................. 7. Equity securities (included in Schedule RC-D, item 9, above): a. Readily determinable fair values.......................................................................................................................... b. Other.................................................................................................................................................................... 8. Loans pending securitization....................................................................................................................................... 9. Other trading assets (itemize and describe amounts included in Schedule RC-D, item 9, that are greater than $25,000 and exceed 25% of the item): a. Disclose component and the dollar amount of that component: RCFDF644 0 M.5.b. RCFDF645 0 M.5.c. RCFDF646 88,686 M.5.d. RCFDF647 0 M.5.e. RCFDF648 0 M.5.f. RCFDF651 0 M.6. M.7. RCFDF652 16,520 M.7.a. RCFDF653 0 M.7.b. RCFDF654 0 M.8. M.9. M.9.a. Precious Metals Inventory TEXTF655 M.9.a.1. 1. Describe component..................................................................................................................................... 2. Amount of component................................................................................................................................... b. Disclose component and the dollar amount of that component: 1. Describe component..................................................................................................................................... 2. Amount of component................................................................................................................................... c. Disclose component and the dollar amount of that component: 1. Describe component..................................................................................................................................... 2. Amount of component................................................................................................................................... 10. Other trading liabilities (itemize and describe amounts included in Schedule RC-D, item 13.b, that are greater than $25,000 and exceed 25% of the item): a. Disclose component and the dollar amount of that component: 780,094 M.9.a.2. RCFDF655 M.9.b. TEXTF656 M.9.b.1. 0 M.9.b.2. RCFDF656 M.9.c. TEXTF657 M.9.c.1. 0 M.9.c.2. RCFDF657 M.10. M.10.a. Precious Metals Payables TEXTF658 M.10.a.1. 1. Describe component..................................................................................................................................... 2. Amount of component................................................................................................................................... b. Disclose component and the dollar amount of that component: 1. Describe component..................................................................................................................................... 2. Amount of component................................................................................................................................... c. Disclose component and the dollar amount of that component: 1. Describe component..................................................................................................................................... 2. Amount of component................................................................................................................................... 649,956 M.10.a.2. RCFDF658 M.10.b. TEXTF659 M.10.b.1. 0 M.10.b.2. RCFDF659 M.10.c. TEXTF660 M.10.c.1. 0 M.10.c.2. RCFDF660 5. Asset-backed securities:

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 31 Schedule RC-E Part I - Deposits in Domestic Offices 1. 2. 3. 4. 5. 6. 7. Total (sum of items 1 through 6) (sum of columns A and C must equal Schedule RC, item 13.a).................................................................................. RCON2215 23,933,174 RCON2210 23,716,657 RCON2385 99,837,460 7. Dollar amounts in thousands (Column A) Transaction(Column B) Transaction(Column C) Accounts Total Accounts Memo: Total Nontransaction Accounts Transaction accountsdemand depositsTotal nontransaction (including total demand(included in column A)accounts (including deposits)MMDAs) Deposits of: 1. Individuals, partnerships, and corporations (include all certified and official checks)............................................................................................................. 2. U.S. Government.......................................................................................... 3. States and political subdivisions in the U.S.................................................. 4. Commercial banks and other depository institutions in the U.S................... 5. Banks in foreign countries............................................................................ 6. Foreign governments and official institutions (including foreign central banks)............................................................................................................... RCONB54919,921,470 RCONB55096,526,078 RCON2202249 RCON252026,118 RCON22031,044 RCON2530696,054 RCONB551296,443 RCONB5521,002,095 RCON22133,688,154 RCON2236874,939 RCON221625,814 RCON2377712,176

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 32 Schedule RC-E Part I - Deposits in Domestic Offices Memoranda Dollar amounts in thousands M.1. RCON6835 18,080 M.1.a. a. Total Individual Retirement Accounts (IRAs) and Keogh Plan accounts.............................................................. b. Total brokered deposits......................................................................................................................................... c. Fully insured brokered deposits (included in Memorandum item 1.b above): 1. Brokered deposits of less than $100,000...................................................................................................... 2. Brokered deposits of $100,000 through $250,000 and certain brokered retirement deposit accounts......... d. Maturity data for brokered deposits: 1. Brokered deposits of less than $100,000 with a remaining maturity of one year or less (included in Memorandum item 1.c.(1) above)..................................................................................................................... 2. Brokered deposits of $100,000 through $250,000 with a remaining maturity of one year or less (included in Memorandum item 1.c.(2) above)................................................................................................................. 3. Brokered deposits of more than $250,000 with a remaining maturity of one year or less (included in Memorandum item 1.b above).......................................................................................................................... e. Preferred deposits (uninsured deposits of states and political subdivisions in the U.S. reported in item 3 above which are secured or collateralized as required under state law) (to be completed for the December report only). f. Estimated amount of deposits obtained through the use of deposit listing services that are not brokered deposits.................................................................................................................................................................... 2. Components of total nontransaction accounts (sum of Memorandum items 2.a through 2.d must equal item 7, column C above): a. Savings deposits: 1. Money market deposit accounts (MMDAs)................................................................................................... 2. Other savings deposits (excludes MMDAs).................................................................................................. b. Total time deposits of less than $100,000............................................................................................................ c. Total time deposits of $100,000 through $250,000............................................................................................... d. Total time deposits of more than $250,000........................................................................................................... e. Individual Retirement Accounts (IRAs) and Keogh Plan accounts of $100,000 or more included in Memorandum items 2.c and 2.d above........................................................................................................................................... 3. Maturity and repricing data for time deposits of less than $100,000: a. Time deposits of less than $100,000 with a remaining maturity or next repricing date of: 1. Three months or less.................................................................................................................................... 2. Over three months through 12 months......................................................................................................... 3. Over one year through three years............................................................................................................... 4. Over three years........................................................................................................................................... b. Time deposits of less than $100,000 with a REMAINING MATURITY of one year or less (included in Memorandum items 3.a.(1) and 3.a.(2) above)............................................................................................................................... 4. Maturity and repricing data for time deposits of $100,000 or more: a. Time deposits of $100,000 or more with a remaining maturity or next repricing date of: 1. Three months or less.................................................................................................................................... 2. Over three months through 12 months......................................................................................................... 3. Over one year through three years............................................................................................................... 4. Over three years........................................................................................................................................... b. Time deposits of $100,000 through $250,000 with a REMAINING MATURITY of one year or less (included in Memorandum items 4.a.(1) and 4.a.(2) above)........................................................................................................ c. Time deposits of more than $250,000 with a REMAINING MATURITY of one year or less (included in Memorandum items 4.a.(1) and 4.a.(2) above)........................................................................................................ 5. Does your institution offer one or more consumer deposit account products, i.e., transaction account or nontransaction savings account deposit products intended primarily for individuals for personal, household, or family use?................ 6. Components of total transaction account deposits of individuals, partnerships, and corporations (sum of Memorandum items 6.a, 6.b, and 6.c must equal item 1, column A, above): a. Total deposits in those noninterest-bearing transaction account deposit products intended primarily for individuals for personal, household, or family use..................................................................................................................... b. Total deposits in those interest-bearing transaction account deposit products intended primarily for individuals for personal, household, or family use..................................................................................................................... RCON2365 15,951,524 M.1.b. M.1.c. RCON2343 7,154,183 M.1.c.1. RCONJ472 343,050 M.1.c.2. M.1.d. RCONA243 1,348,648 M.1.d.1. RCONK219 343,050 M.1.d.2. RCONK220 8,010,660 M.1.d.3. RCON5590 562,348 M.1.e. RCONK223 0 M.1.f. M.2. M.2.a. RCON6810 20,604,714 M.2.a.1. RCON0352 43,608,669 M.2.a.2. RCON6648 7,233,886 M.2.b. RCONJ473 200,280 M.2.c. RCONJ474 28,189,911 M.2.d. RCONF233 0 M.2.e. M.3. M.3.a. RCONA579 245,612 M.3.a.1. RCONA580 1,146,871 M.3.a.2. RCONA581 1,825,250 M.3.a.3. RCONA582 4,016,153 M.3.a.4. RCONA241 1,392,483 M.3.b. M.4. M.4.a. RCONA584 13,704,626 M.4.a.1. RCONA585 3,289,550 M.4.a.2. RCONA586 4,609,691 M.4.a.3. RCONA587 6,786,324 M.4.a.4. RCONK221 157,098 M.4.b. 15,337,078 M.4.c. RCONK222 Yes M.5. RCONP752 M.6. 109,959 M.6.a. RCONP753 443,824 M.6.b. RCONP754 1. Selected components of total deposits (i.e., sum of item 7, columns A and C):

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 33 Memoranda Dollar amounts in thousands RCONP755 19,367,687 M.6.c. c. Total deposits in all other transaction accounts of individuals, partnerships, and corporations............................ 7. Components of total nontransaction account deposits of individuals, partnerships, and corporations (sum of Memorandum items 7.a.(1), 7.a.(2), 7.b.(1), and 7.b.(2) plus all time deposits of individuals, partnerships, and corporations must equal item 1, column C, above): a. Money market deposit accounts (MMDAs) of individuals, partnerships, and corporations (sum of Memorandum items 7.a.(1) and 7.a.(2) must be less than or equal to Memorandum item 2.a.(1) above): 1. Total deposits in those MMDA deposit products intended primarily for individuals for personal, household, or family use...................................................................................................................................................... 2. Deposits in all other MMDAs of individuals, partnerships, and corporations................................................ b. Other savings deposit accounts of individuals, partnerships, and corporations (sum of Memorandum items 7.b.(1) and 7.b.(2) must be less than or equal to Memorandum item 2.a.(2) above): 1. Total deposits in those other savings deposit account deposit products intended primarily for individuals for personal, household, or family use.............................................................................................................. 2. Deposits in all other savings deposit accounts of individuals, partnerships, and corporations..................... M.7. M.7.a. 3,900,460 M.7.a.1. RCONP756 16,376,999 M.7.a.2. RCONP757 M.7.b. RCONP758 29,794,245 M.7.b.1. RCONP759 13,403,255 M.7.b.2. Schedule RC-E Part II - Deposits in Foreign Offices including Edge and Agreement subsidiaries and IBFs Dollar amounts in thousands 3,223,542 1. RCFNB553 1. Individuals, partnerships, and corporations (include all certified and official checks)................................................. 2. U.S. banks (including IBFs and foreign branches of U.S. banks) and other U.S. depository institutions..................... 3. Foreign banks (including U.S. branches and agencies of foreign banks, including their IBFs).................................... 4. Foreign governments and official institutions (including foreign central banks)........................................................... 5. U.S. Government and states and political subdivisions in the U.S............................................................................... 6. Total............................................................................................................................................................................. Memoranda 1. Time deposits with a remaining maturity of one year or less (included in Part II, item 6 above)................................. 0 2. RCFNB554 8,304,941 3. RCFN2625 99,184 4. RCFN2650 1 5. RCFNB555 11,627,668 6. RCFN2200 1,534,266 M.1. RCFNA245 Deposits of:

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 34 Schedule RC-F - Other Assets Dollar amounts in thousands 387,326 1. RCFDB556 1. Accrued interest receivable......................................................................................................................................... 2. Net deferred tax assets................................................................................................................................................ 3. Interest-only strips receivable (not in the form of a security) on: a. Mortgage loans.................................................................................................................................................... b. Other financial assets........................................................................................................................................... 4. Equity securities that DO NOT have readily determinable fair values......................................................................... 5. Life insurance assets: a. General account life insurance assets.................................................................................................................. b. Separate account life insurance assets................................................................................................................ c. Hybrid account life insurance assets.................................................................................................................... 6. All other assets (itemize and describe amounts greater than $25,000 that exceed 25% of this item)........................ a. Prepaid expenses................................................................................................................................................. b. Repossessed personal property (including vehicles)........................................................................................... c. Derivatives with a positive fair value held for purposes other than trading........................................................... d. Retained interests in accrued interest receivable related to securitized credit cards .......................................... e. FDIC loss-sharing indemnification assets............................................................................................................ f. Not applicable g. Disclose component and the dollar amount of that component: RCFD2148 1,510,779 2. 3. RCFDA519 0 3.a. RCFDA520 0 3.b. RCFD1752 953,676 4. 5. RCFDK201 8,841 5.a. RCFDK202 220,202 5.b. RCFDK270 0 5.c. RCFD2168 3,622,941 6. RCFD2166 0 6.a. RCFD1578 0 6.b. RCFDC010 0 6.c. RCFDC436 0 6.d. RCFDJ448 0 6.e. 6.f. 6.g. Accounts Receivable TEXT3549 6.g.1. 1. Describe component..................................................................................................................................... 2. Amount of component................................................................................................................................... h. Disclose component and the dollar amount of that component: 1. Describe component..................................................................................................................................... 2. Amount of component................................................................................................................................... i. Disclose component and the dollar amount of that component: 1. Describe component..................................................................................................................................... 2. Amount of component................................................................................................................................... 7. Total (sum of items 1 through 6) (must equal Schedule RC, item 11)......................................................................... 889,901 6.g.2. RCFD3549 6.h. TEXT3550 6.h.1. 0 6.h.2. RCFD3550 6.i. TEXT3551 6.i.1. 0 6.i.2. RCFD3551 6,703,765 7. RCFD2160

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 35 Schedule RC-G - Other Liabilities Dollar amounts in thousands 1. RCON3645 59,022 1.a. a. Interest accrued and unpaid on deposits in domestic offices............................................................................... b. Other expenses accrued and unpaid (includes accrued income taxes payable).................................................. 2. Net deferred tax liabilities............................................................................................................................................ 3. Allowance for credit losses on off-balance sheet credit exposures............................................................................. 4. All other liabilities (itemize and describe amounts greater than $25,000 that exceed 25 percent of this item)........... a. Accounts payable................................................................................................................................................. b. Deferred compensation liabilities.......................................................................................................................... c. Dividends declared but not yet payable................................................................................................................ d. Derivatives with a negative fair value held for purposes other than trading......................................................... e. Disclose component and the dollar amount of that component: 1. Describe component..................................................................................................................................... 2. Amount of component................................................................................................................................... f. Disclose component and the dollar amount of that component: 1. Describe component..................................................................................................................................... 2. Amount of component................................................................................................................................... g. Disclose component and the dollar amount of that component: 1. Describe component..................................................................................................................................... 2. Amount of component................................................................................................................................... 5. Total............................................................................................................................................................................. RCFD3646 990,857 1.b. RCFD3049 0 2. RCFDB557 100,759 3. RCFD2938 2,018,447 4. RCFD3066 0 4.a. RCFDC011 0 4.b. RCFD2932 0 4.c. RCFDC012 572,586 4.d. 4.e. TEXT3552 4.e.1. RCFD3552 0 4.e.2. 4.f. TEXT3553 4.f.1. RCFD3553 0 4.f.2. 4.g. TEXT3554 4.g.1. RCFD3554 0 4.g.2. RCFD2930 3,169,085 5. Schedule RC-H - Selected Balance Sheet Items for Domestic Offices Dollar amounts in thousands 1. 2. 19,846,612 3. RCONB989 3. Securities purchased under agreements to resell....................................................................................................... 4. Securities sold under agreements to repurchase........................................................................................................ 5. Other borrowed money................................................................................................................................................ 6. Net due from own foreign offices, Edge and Agreement subsidiaries, and IBFs......................................................... 7. Net due to own foreign offices, Edge and Agreement subsidiaries, and IBFs............................................................. 8. Total assets (excludes net due from foreign offices, Edge and Agreement subsidiaries, and IBFs)............................ 9. Total liabilities (excludes net due to foreign offices, Edge and Agreement subsidiaries, and IBFs)............................. 2,986,259 4. RCONB995 5,802,427 5. RCON3190 0 6. RCON2163 7,973,554 7. RCON2941 179,483,828 8. RCON2192 147,735,237 9. RCON3129 1. Not applicable 2. Not applicable 1. Not available

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 36 Schedule RC-H - Selected Balance Sheet Items for Domestic Offices (Column A) Amortized Cost of Held-to-Maturity Securities (Column B) Fair Value of Available-for-Sale Securities Dollar amounts in thousands RCON0211 0 RCON1287 16,896,491 10. 10. U.S. Treasury securities....................................................................................................... 11. U.S. Government agency obligations (exclude mortgage-backed securities)...................... 12. Securities issued by states and political subdivisions in the U.S......................................... 13. Mortgage-backed securities (MBS): a. Mortgage pass-through securities: 1. Issued or guaranteed by FNMA, FHLMC, or GNMA............................................... 2. Other mortgage pass-through securities................................................................. b. Other mortgage-backed securities (include CMOs, REMICs, and stripped MBS): 1. Issued or guaranteed by U.S. Government agencies or sponsored agencies........ 2. All other mortgage-backed securities...................................................................... 14. Other domestic debt securities (include domestic structured financial products and domestic asset-backed securities)............................................................................................................ 15. Other foreign debt securities (include foreign structured financial products and foreign asset-backed securities)............................................................................................................ 16. Investments in mutual funds and other equity securities with readily determinable fair values........................................................................................................................................ 17. Total held-to-maturity and available-for-sale securities (sum of items 10 through 16)......... 0 4,243,535 11. RCON8492 RCON8495 15,994 96,002 12. RCON8496 RCON8499 13. 13.a. 6,207,928 11,949,420 13.a.1. RCONG389 RCONG390 0 298 13.a.2. RCON1709 RCON1713 13.b. 6,199,419 1,448,798 13.b.1. RCONG393 RCONG394 6,951 8,723 13.b.2. RCON1733 RCON1736 0 164,276 14. RCONG397 RCONG398 0 546,676 15. RCONG399 RCONG400 16. RCON1754 12,430,292 RCON1773 35,515,639 17. Schedule RC-H - Selected Balance Sheet Items for Domestic Offices Dollar amounts in thousands 953,676 18. RCON1752 18. Equity securities that do not have readily determinable fair values........................................................................... Schedule RC-I - Assets and Liabilities of IBFs Dollar amounts in thousands 665,439 1. RCFN2133 1. Total IBF assets of the consolidated bank (component of Schedule RC, item 12)...................................................... 2. Total IBF liabilities (component of Schedule RC, item 21)........................................................................................... 9,354,086 2. RCFN2898 RCONA511161,420

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 37 Schedule RC-K - Quarterly Averages Dollar amounts in thousands 27,677,289 1. RCFD3381 1. Interest-bearing balances due from depository institutions......................................................................................... 2. U.S. Treasury securities and U.S. Government agency obligations (excluding mortgage-backed securities)............. 3. Mortgage-backed securities........................................................................................................................................ 4. All other securities (includes securities issued by states and political subdivisions in the U.S.)................................. 5. Federal funds sold and securities purchased under agreements to resell.................................................................. 6. Loans: a. Loans in domestic offices: 1. Total loans..................................................................................................................................................... 2. Loans secured by real estate: a. Loans secured by 1-4 family residential properties............................................................................... b. All other loans secured by real estate.................................................................................................... 3. Loans to finance agricultural production and other loans to farmers ........................................................... 4. Commercial and industrial loans................................................................................................................... 5. Loans to individuals for household, family, and other personal expenditures: a. Credit cards........................................................................................................................................... b. Other (includes revolving credit plans other than credit cards, automobile loans, and other consumer loans)......................................................................................................................................................... b. Total loans in foreign offices, Edge and Agreement subsidiaries, and IBFs......................................................... 7. Trading assets.............................................................................................................................................................. 8. Lease financing receivables (net of unearned income)............................................................................................... 9. Total assets.................................................................................................................................................................. 10. Interest-bearing transaction accounts in domestic offices (interest-bearing demand deposits, NOW accounts, ATS accounts, and telephone and preauthorized transfer accounts)...................................................................................... 11. Nontransaction accounts in domestic offices: a. Savings deposits (includes MMDAs).................................................................................................................... b. Time deposits of $100,000 or more...................................................................................................................... c. Time deposits of less than $100,000.................................................................................................................... 12. Interest-bearing deposits in foreign offices, EDGE and Agreement subsidiaries, and IBFs...................................... 13. Federal funds purchased and securities sold under agreements to repurchase....................................................... 14. Other borrowed money (includes mortgage indebtedness and obligations under capitalized leases)...................... RCFDB558 18,340,745 2. RCFDB559 28,181,750 3. RCFDB560 3,133,194 4. RCFD3365 9,383,792 5. 6. 6.a. RCON3360 79,394,347 6.a.1. 6.a.2. RCON3465 19,341,170 6.a.2.a. RCON3466 11,905,288 6.a.2.b. RCON3386 216,238 6.a.3. RCON3387 35,247,257 6.a.4. 6.a.5. RCONB561 678,512 6.a.5.a. RCONB562 337,664 6.a.5.b. RCFN3360 1,042,962 6.b. RCFD3401 16,090,238 7. RCFD3484 628 8. RCFD3368 192,712,206 9. RCON3485 7,736,096 10. 11. RCONB563 65,036,650 11.a. RCONA514 28,134,274 11.b. RCONA529 9,678,065 11.c. RCFN3404 12,331,901 12. RCFD3353 7,512,855 13. RCFD3355 5,828,873 14.

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 38 Schedule RC-L - Derivatives and Off-Balance Sheet Items Dollar amounts in thousands 1. RCFD3814 1,100,929 1.a. a. Revolving, open-end lines secured by 1-4 family residential properties, i.e., home equity lines.......................... 1. Unused commitments for Home Equity Conversion Mortgage (HECM) reverse mortgages outstanding that are held for investment in domestic offices (included in item 1.a above).......................................................... 2. Unused commitments for proprietary reverse mortgages outstanding that are held for investment in domestic offices (included in item 1.a above).................................................................................................................. b. Credit card lines (Sum of items 1.b.(1) and 1.b.(2) must equal item 1.b)............................................................. 1. Unused consumer credit card lines............................................................................................................... 2. Other unused credit card lines...................................................................................................................... c. Commitments to fund commercial real estate, construction, and land development loans: 1. Secured by real estate: a. 1-4 family residential construction loan commitments........................................................................... b. Commercial real estate, other construction loan, and land development loan commitments................ 2. Not secured by real estate............................................................................................................................ d. Securities underwriting......................................................................................................................................... e. Other unused commitments: 1. Commercial and industrial loans................................................................................................................... 2. Loans to financial institutions........................................................................................................................ 3. All other unused commitments...................................................................................................................... 2. Financial standby letters of credit and foreign office guarantees................................................................................. a. Amount of financial standby letters of credit conveyed to others.......................................................................... 3. Performance standby letters of credit and foreign office guarantees........................................................................... a. Amount of performance standby letters of credit conveyed to others................................................................... 4. Commercial and similar letters of credit...................................................................................................................... 5. Not applicable 6. Securities lent and borrowed: a. Securities lent (including customers' securities lent where the customer is indemnified against loss by the reporting bank)......................................................................................................................................................... b. Securities borrowed.............................................................................................................................................. RCONJ477 0 1.a.1. RCONJ478 0 1.a.2. RCFD3815 5,954,600 1.b. RCFDJ455 5,274,856 1.b.1. RCFDJ456 679,744 1.b.2. 1.c. 1.c.1. RCFDF164 98 1.c.1.a. RCFDF165 1,863,782 1.c.1.b. RCFD6550 774,002 1.c.2. RCFD3817 0 1.d. 1.e. RCFDJ457 54,117,105 1.e.1. RCFDJ458 5,178,887 1.e.2. RCFDJ459 23,187,254 1.e.3. RCFD3819 6,341,730 2. RCFD3820 499,765 2.a. RCFD3821 3,095,542 3. RCFD3822 88,021 3.a. RCFD3411 413,277 4. 5. 6. RCFD3433 0 6.a. RCFD3432 0 6.b. Schedule RC-L - Derivatives and Off-Balance Sheet Items (Column A) Sold Protection (Column B) Purchased Protection Dollar amounts in thousands 7. 7.a. 89,459,484 91,061,784 7.a.1. RCFDC968 RCFDC969 1. Credit default swaps................................................................................................ 2. Total return swaps................................................................................................... 3. Credit options.......................................................................................................... 4. Other credit derivatives........................................................................................... b. Gross fair values: 1. Gross positive fair value.......................................................................................... 2. Gross negative fair value......................................................................................... 3,449,449 6,699,250 7.a.2. RCFDC970 RCFDC971 0 0 7.a.3. RCFDC972 RCFDC973 0 0 7.a.4. RCFDC974 RCFDC975 7.b. 551,697 3,440,949 7.b.1. RCFDC219 RCFDC221 3,285,837 577,056 7.b.2. RCFDC220 RCFDC222 7. Credit derivatives: a. Notional amounts: 1. Unused commitments:

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 39 Schedule RC-L - Derivatives and Off-Balance Sheet Items Dollar amounts in thousands 7.c. 7.c.1. RCFDG401 90,001,465 7.c.1.a. a. Sold protection.............................................................................................................................................. b. Purchased protection.................................................................................................................................... 2. All other positions: a. Sold protection.............................................................................................................................................. b. Purchased protection that is recognized as a guarantee for regulatory capital purposes............................. c. Purchased protection that is not recognized as a guarantee for regulatory capital purposes....................... RCFDG402 90,079,465 7.c.1.b. 7.c.2. RCFDG403 2,907,468 7.c.2.a. RCFDG404 603,000 7.c.2.b. RCFDG405 7,078,569 7.c.2.c. Schedule RC-L - Derivatives and Off-Balance Sheet Items 7.d. 7.d.1. RCFDG406 9,267,998 RCFDG407 27,777,017 RCFDG408 998,972 7.d.1.a. a. Investment grade............................................................................ b. Subinvestment grade...................................................................... 2. Purchased credit protection: a. Investment grade............................................................................ b. Subinvestment grade...................................................................... RCFDG409 15,473,772 RCFDG410 37,477,716 RCFDG411 1,913,458 7.d.1.b. 7.d.2. RCFDG412 10,228,731 RCFDG413 29,471,289 RCFDG414 1,785,831 7.d.2.a. RCFDG415 14,039,324 RCFDG416 34,604,237 RCFDG417 7,631,622 7.d.2.b. Dollar amounts in thousands (Column A) Remaining(Column B) Remaining (Column C) Remaining Maturity of One Year or Maturity of Over One Year Maturity of Over Five LessThrough Five YearsYears d. Notional amounts by remaining maturity: 1. Sold credit protection: c. Notional amounts by regulatory capital treatment: 1. Positions covered under the Market Risk Rule:

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 40 Schedule RC-L - Derivatives and Off-Balance Sheet Items Dollar amounts in thousands 42,724,107 8. RCFD8765 8. Spot foreign exchange contracts................................................................................................................................. 9. All other off-balance sheet liabilities (exclude derivatives) (itemize and describe each component of this item over 25% of Schedule RC, item 27.a, "Total bank equity capital").......................................................................................... a. Not applicable b. Commitments to purchase when-issued securities.............................................................................................. c. Standby letters of credit issued by another party (e.g., a Federal Home Loan Bank) on the bank's behalf......... d. Disclose component and the dollar amount of that component: 1. Describe component..................................................................................................................................... 2. Amount of component................................................................................................................................... e. Disclose component and the dollar amount of that component: 1. Describe component..................................................................................................................................... 2. Amount of component................................................................................................................................... f. Disclose component and the dollar amount of that component: 1. Describe component..................................................................................................................................... 2. Amount of component................................................................................................................................... 10. All other off-balance sheet assets (exclude derivatives) (itemize and describe each component of this item over 25% of Schedule RC, item 27.a, "Total bank equity capital").......................................................................................... a. Commitments to sell when-issued securities....................................................................................................... b. Disclose component and the dollar amount of that component: 1. Describe component..................................................................................................................................... 2. Amount of component................................................................................................................................... c. Disclose component and the dollar amount of that component: 1. Describe component..................................................................................................................................... 2. Amount of component................................................................................................................................... d. Disclose component and the dollar amount of that component: 1. Describe component..................................................................................................................................... 2. Amount of component................................................................................................................................... e. Disclose component and the dollar amount of that component: 1. Describe component..................................................................................................................................... 2. Amount of component................................................................................................................................... 11. Year-to-date merchant credit card sales volume: a. Sales for which the reporting bank is the acquiring bank..................................................................................... b. Sales for which the reporting bank is the agent bank with risk............................................................................. RCFD3430 0 9. 9.a. RCFD3434 0 9.b. RCFDC978 0 9.c. 9.d. TEXT3555 9.d.1. RCFD3555 0 9.d.2. 9.e. TEXT3556 9.e.1. RCFD3556 0 9.e.2. 9.f. TEXT3557 9.f.1. RCFD3557 0 9.f.2. RCFD5591 0 10. RCFD3435 0 10.a. 10.b. TEXT5592 10.b.1. RCFD5592 0 10.b.2. 10.c. TEXT5593 10.c.1. RCFD5593 0 10.c.2. 10.d. TEXT5594 10.d.1. RCFD5594 0 10.d.2. 10.e. TEXT5595 10.e.1. RCFD5595 0 10.e.2. 11. RCFDC223 0 11.a. RCFDC224 0 11.b.

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 41 Schedule RC-L - Derivatives and Off-Balance Sheet Items 12. a. Futures contracts................................................................. RCFD8693 58,754,776 RCFD8694 343,000 RCFD8695 0 RCFD8696 1,994,796 12.a. b. Forward contracts................................................................ RCFD8697 90,658,594 RCFD8698 793,499,020 RCFD8699 0 RCFD8700 20,245,139 12.b. c. Exchange-traded option contracts: 12.c. 1. Written options............................................................. RCFD8701 12,180,000 RCFD8702 0 RCFD8703 0 RCFD8704 0 12.c.1. 2. Purchased options........................................................ RCFD8705 14,100,000 RCFD8706 0 RCFD8707 0 RCFD8708 0 12.c.2. d. Over-the-counter option contracts: 12.d. 1. Written options............................................................. RCFD8709 53,566,852 RCFD8710 81,097,364 RCFD8711 19,192,284 RCFD8712 399,815 12.d.1. 2. Purchased options........................................................ RCFD8713 65,996,377 RCFD8714 81,951,434 RCFD8715 26,660,769 RCFD8716 537,758 12.d.2. e. Swaps.................................................................................. RCFD3450 2,452,871,820 RCFD3826 186,994,560 RCFD8719 13,272,158 RCFD8720 0 12.e. 13. Total gross notional amount of derivative contracts held for trading............................................................................................. 14. Total gross notional amount of derivative contracts held for purposes other than trading............................................................ a. Interest rate swaps where the bank has agreed to pay a fixed rate.................................................................................. 15. Gross fair values of derivative contracts: a. Contracts held for trading: RCFDA126 2,722,258,569 RCFDA127 1,143,691,049 RCFD8723 54,148,715 RCFD8724 23,142,060 13. RCFD8725 25,869,850 RCFD8726 194,329 RCFD8727 4,976,496 RCFD8728 35,448 14. 14.a. 15. 15.a. 1. Gross positive fair value............................................... RCFD8733 34,923,837 RCFD8734 23,705,964 RCFD8735 1,210,427 RCFD8736 930,325 15.a.1. 2. Gross negative fair value.............................................. RCFD8737 35,126,589 RCFD8738 22,205,068 RCFD8739 1,210,371 RCFD8740 592,223 15.a.2. b. Contracts held for purposes other than trading: 15.b. 1. Gross positive fair value............................................... RCFD8741 832,828 RCFD8742 0 RCFD8743 144,386 RCFD8744 52 15.b.1. 2. Gross negative fair value.............................................. RCFD8745 1,129,856 RCFD8746 95,367 RCFD8747 96,585 RCFD8748 1,025 15.b.2. RCFDA589 6,757,411 Dollar amounts in thousands (Column A) Interest(Column B) Foreign(Column C) Equity(Column D) Rate ContractsExchange Contracts Derivative Contracts Commodity and Other Contracts 12. Gross amounts (e.g., notional amounts):

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 42 Schedule RC-L - Derivatives and Off-Balance Sheet Items 16. RCFDG418 RCFDG419 RCFDG420 RCFDG421 RCFDG422 4,616,534 204,462 118,559 314,479 5,099,846 16.a. a. Net current credit exposure........................................................ 16.b. b. Fair value of collateral: RCFDG423 RCFDG424 RCFDG425 RCFDG426 RCFDG427 2,646,967 0 61,292 0 2,407,667 16.b.1. 1. Cash - U.S. dollar................................................................ RCFDG428 RCFDG429 RCFDG430 RCFDG431 RCFDG432 121,148 0 2,796 0 328,921 16.b.2. 2. Cash - Other currencies...................................................... RCFDG433 RCFDG434 RCFDG435 RCFDG436 RCFDG437 249,204 0 130,765 0 277,554 16.b.3. 3. U.S. Treasury securities....................................................... RCFDG438 RCFDG439 RCFDG440 RCFDG441 RCFDG442 4. U.S. Government agency and U.S. Government-sponsored agency debt securities............................................................ 138,816 0 0 0 161,067 16.b.4. RCFDG443 RCFDG444 RCFDG445 RCFDG446 RCFDG447 0 0 0 0 105,317 16.b.5. 5. Corporate bonds................................................................. RCFDG448 RCFDG449 RCFDG450 RCFDG451 RCFDG452 0 0 0 0 0 16.b.6. 6. Equity securities.................................................................. RCFDG453 RCFDG454 RCFDG455 RCFDG456 RCFDG457 0 0 19,976 0 496,439 16.b.7. 7. All other collateral................................................................ RCFDG458 RCFDG459 RCFDG460 RCFDG461 RCFDG462 8. Total fair value of collateral (sum of items 16.b.(1) through (7)).......................................................................................... 3,156,135 0 214,829 0 3,776,965 16.b.8. Dollar amounts in thousands (Column A)(Column B)(Column C)(Column D) (Column E) Banks and MonolineHedge FundsSovereignCorporations Securities FirmsFinancialGovernmentsand All Other GuarantorsCounterparties 16. Over-the counter derivatives:

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 43 Schedule RC-M - Memoranda Dollar amounts in thousands 1. a. Aggregate amount of all extensions of credit to all executive officers, directors, principal shareholders, and their related interests........................................................................................................................................................ b. Number of executive officers, directors, and principal shareholders to whom the amount of all extensions of credit by the reporting bank (including extensions of credit to related interests) equals or exceeds the lesser of $500,000 or 5 percent of total capital as defined for this purpose in agency regulations........................................ 2. Intangible assets other than goodwill: a. Mortgage servicing assets................................................................................................................................... 1. Estimated fair value of mortgage servicing assets........................................................................................ b. Purchased credit card relationships and nonmortgage servicing assets............................................................. c. All other identifiable intangible assets.................................................................................................................. d. Total (sum of items 2.a, 2.b, and 2.c) (must equal Schedule RC, item 10.b)........................................................ 3. Other real estate owned: a. Construction, land development, and other land in domestic offices................................................................... b. Farmland in domestic offices................................................................................................................................ c. 1-4 family residential properties in domestic offices............................................................................................. d. Multifamily (5 or more) residential properties in domestic offices......................................................................... e. Nonfarm nonresidential properties in domestic offices........................................................................................ f. Foreclosed properties from "GNMA loans"........................................................................................................... g. In foreign offices................................................................................................................................................... h. Total (sum of items 3.a through 3.g) (must equal Schedule RC, item 7).............................................................. 4. Not applicable 5. Other borrowed money: a. Federal Home Loan Bank advances: 1. Advances with a remaining maturity or next repricing date of: a. One year or less.................................................................................................................................... b. Over one year through three years........................................................................................................ c. Over three years through five years....................................................................................................... d. Over five years....................................................................................................................................... 2. Advances with a remaining maturity of one year or less (included in item 5.a.(1)(a) above)........................ 3. Structured advances (included in items 5.a.(1)(a) - (d) above)..................................................................... b. Other borrowings: 1. Other borrowings with a remaining maturity of next repricing date of: a. One year or less.................................................................................................................................... b. Over one year through three years........................................................................................................ c. Over three years through five years....................................................................................................... d. Over five years....................................................................................................................................... 2. Other borrowings with a remaining maturity of one year or less (included in item 5.b.(1)(a) above)............ c. Total (sum of items 5.a.(1)(a)-(d) and items 5.b.(1)(a)-(d)) (must equal Schedule RC, item 16).......................... 6. Does the reporting bank sell private label or third party mutual funds and annuities?................................................ 7. Assets under the reporting bank's management in proprietary mutual funds and annuities....................................... 8. Internet Web site addresses and physical office trade names: a. Uniform Resource Locator (URL) of the reporting institution's primary Internet Web site (home page), if any (Example: www.examplebank.com):........................................................................................................................ b. URLs of all other public-facing Internet Web sites that the reporting institution uses to accept or solicit deposits from the public, if any (Example: www.examplebank.biz): 1. URL 1............................................................................................................................................................ 2. URL 2............................................................................................................................................................ 3. URL 3............................................................................................................................................................ 4. URL 4............................................................................................................................................................ 5. URL 5............................................................................................................................................................ RCFD6164 5,262 1.a. 1.b. 2. 139,890 2.a. RCFD3164 139,890 2.a.1. RCFDA590 40,615 2.b. RCFDB026 0 2.c. RCFD5507 180,505 2.d. RCFD0426 3. 0 3.a. RCON5508 0 3.b. RCON5509 29,396 3.c. RCON5510 10 3.d. RCON5511 0 3.e. RCON5512 0 3.f. RCONC979 0 3.g. RCFN5513 29,406 3.h. RCFD2150 4. 5. 5.a. 5.a.1. 5,600,000 5.a.1.a. RCFDF055 0 5.a.1.b. RCFDF056 0 5.a.1.c. RCFDF057 0 5.a.1.d. RCFDF058 0 5.a.2. RCFD2651 0 5.a.3. RCFDF059 5.b. 5.b.1. 202,427 5.b.1.a. RCFDF060 0 5.b.1.b. RCFDF061 0 5.b.1.c. RCFDF062 0 5.b.1.d. RCFDF063 34,838 5.b.2. RCFDB571 5,802,427 5.c. RCFD3190 Yes 6. RCFDB569 15,878,824 7. RCFDB570 8. Click here for value 8.a. TEXT4087 8.b. TE01N528 8.b.1. TE02N528 8.b.2. TE03N528 8.b.3. TE04N528 8.b.4. TE05N528 8.b.5. RCFD61652 1. Extensions of credit by the reporting bank to its executive officers, directors, principal shareholders, and their related interests as of the report date:

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 44 Dollar amounts in thousands TE06N528 6. URL 6............................................................................................................................................................ 7. URL 7............................................................................................................................................................ 8. URL 8............................................................................................................................................................ 9. URL 9............................................................................................................................................................ 10. URL 10........................................................................................................................................................ c. Trade names other than the reporting institution's legal title used to identify one or more of the institution's physical offices at which deposits are accepted or solicited from the public, if any: 1. Trade name 1................................................................................................................................................ 2. Trade name 2................................................................................................................................................ 3. Trade name 3................................................................................................................................................ 4. Trade name 4................................................................................................................................................ 5. Trade name 5................................................................................................................................................ 6. Trade name 6................................................................................................................................................ 9. Do any of the bank's Internet Web sites have transactional capability, i.e., allow the bank's customers to execute transactions on their accounts through the Web site?..................................................................................................... 10. Secured liabilities: a. Amount of "Federal funds purchased in domestic offices" that are secured (included in Schedule RC, item 14.a)......................................................................................................................................................................... b. Amount of "Other borrowings" that are secured (included in Schedule RC-M, items 5.b.(1)(a) - (d)).................. 11. Does the bank act as trustee or custodian for Individual Retirement Accounts, Health Savings Accounts, and other similar accounts?............................................................................................................................................................. 12. Does the bank provide custody, safekeeping, or other services involving the acceptance of orders for the sale or purchase of securities?................................................................................................................................................... 13. Assets covered by loss-sharing agreements with the FDIC: a. Loans and leases (included in Schedule RC, items 4.a and 4.b): 1. Loans secured by real estate in domestic offices: a. Construction, land development, and other land loans: 1. 1-4 family residential construction loans......................................................................................... 2. Other construction loans and all land development and other land loans...................................... b. Secured by farmland.............................................................................................................................. c. Secured by 1-4 family residential properties: 1. Revolving, open-end loans secured by 1-4 family residential properties and extended under lines of credit.............................................................................................................................................. 2. Closed-end loans secured by 1-4 family residential properties: a. Secured by first liens............................................................................................................... b. Secured by junior liens............................................................................................................ d. Secured by multifamily (5 or more) residential properties..................................................................... e. Secured by nonfarm nonresidential properties: 1. Loans secured by owner-occupied nonfarm nonresidential properties.......................................... 2. Loans secured by other nonfarm nonresidential properties........................................................... 2. Loans to finance agricultural production and other loans to farmers............................................................ 3. Commercial and industrial loans................................................................................................................... 4. Loans to individuals for household, family, and other personal expenditures: a. Credit cards........................................................................................................................................... b. Automobile loans................................................................................................................................... c. Other (includes revolving credit plans other than credit cards and other consumer loans)................... 5. All other loans and all leases........................................................................................................................ a. Loans to depository institutions and acceptances of other banks......................................................... b. Loans to foreign governments and official institutions........................................................................... c. Other loans............................................................................................................................................ d. Lease financing receivables................................................................................................................... e. Loans secured by real estate in foreign offices...................................................................................... b. Other real estate owned (included in Schedule RC, item 7): 8.b.6. TE07N528 8.b.7. TE08N528 8.b.8. TE09N528 8.b.9. TE10N528 8.b.10. 8.c. TE01N529 8.c.1. TE02N529 8.c.2. TE03N529 8.c.3. TE04N529 8.c.4. TE05N529 8.c.5. TE06N529 8.c.6. Yes 9. RCFD4088 10. 0 10.a. RCONF064 0 10.b. RCFDF065 Yes 11. RCONG463 Yes 12. RCONG464 13. 13.a. 13.a.1. 13.a.1.a. 0 13.a.1.a.1. RCONK169 0 13.a.1.a.2. RCONK170 0 13.a.1.b. RCONK171 13.a.1.c. 0 13.a.1.c.1. RCONK172 13.a.1.c.2. 0 13.a.1.c.2.a. RCONK173 0 13.a.1.c.2.b. RCONK174 0 13.a.1.d. RCONK175 13.a.1.e. 0 13.a.1.e.1. RCONK176 0 13.a.1.e.2. RCONK177 0 13.a.2. RCFDK178 0 13.a.3. RCFDK179 13.a.4. 0 13.a.4.a. RCFDK180 0 13.a.4.b. RCFDK181 0 13.a.4.c. RCFDK182 0 13.a.5. RCFDK183 0 13.a.5.a. RCFDK184 0 13.a.5.b. RCFDK185 0 13.a.5.c. RCFDK186 0 13.a.5.d. RCFDK273 0 13.a.5.e. RCFNK290 13.b.

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 45 Dollar amounts in thousands RCONK187 0 13.b.1. 1. Construction, land development, and other land in domestic offices............................................................ 2. Farmland in domestic offices........................................................................................................................ 3. 1-4 family residential properties in domestic offices..................................................................................... 4. Multifamily (5 or more) residential properties in domestic offices................................................................. 5. Nonfarm nonresidential properties in domestic offices................................................................................. 6. In foreign offices............................................................................................................................................ 7. Portion of covered other real estate owned included in items 13.b.(1) through (6) above that is protected by FDIC loss-sharing agreements.................................................................................................................... c. Debt securities (included in Schedule RC, items 2.a and 2.b)............................................................................. d. Other assets (exclude FDIC loss-sharing indemnification assets)....................................................................... 14. Captive insurance and reinsurance subsidiaries: a. Total assets of captive insurance subsidiaries...................................................................................................... b. Total assets of captive reinsurance subsidiaries................................................................................................... 15. Qualified Thrift Lender (QTL) test: a. Does the institution use the Home Owners' Loan Act (HOLA) QTL test or the Internal Revenue Service Domestic Building and Loan Association (IRS DBLA) test to determine its QTL compliance? (for the HOLA QTL test, enter 1; for the IRS DBLA test, enter 2)............................................................................................................................. b. Has the institution been in compliance with the HOLA QTL test as of each month end during the quarter or the IRS DBLA test for its most recent taxable year, as applicable?............................................................................... 16. International remittance transfers offered to consumers: a. As of the report date, did your institution offer to consumers in any state any of the following mechanisms for sending international remittance transfers? 1. International wire transfers............................................................................................................................ 2. International ACH transactions..................................................................................................................... 3. Other proprietary services operated by your institution................................................................................ 4. Other proprietary services operated by another party.................................................................................. b. Did your institution provide more than 100 international remittance transfers in the previous calendar year or does your institution estimate that it will provide more than 100 international remittance transfers in the current calendar year?......................................................................................................................................................... c. Indicate which of the mechanisms described in items 16.a.(1), (2), and (3) above is the mechanism that your institution estimates accounted for the largest number of international remittance transfers your institution provided during the two calendar quarters ending on the report date. (For international wire transfers, enter 1; for international ACH transactions, enter 2; for other proprietary services operated by your institution, enter 3. If your institution did not provide any international remittance transfers using the mechanisms described in items 16.a.(1), (2), and (3) above during the two calendar quarters ending on the report date, enter 0.)..................................................... d. Estimated number and dollar value of international remittance transfers provided by your institution during the two calendar quarters ending on the report date: 1. Estimated number of international remittance transfers................................................................................ 2. Estimated dollar value of international remittance transfers......................................................................... 3. Estimated number of international remittance transfers for which your institution applied the temporary exception........................................................................................................................................................... RCONK188 0 13.b.2. RCONK189 0 13.b.3. RCONK190 0 13.b.4. RCONK191 0 13.b.5. RCFNK260 0 13.b.6. RCFDK192 0 13.b.7. 0 13.c. RCFDJ461 0 13.d. RCFDJ462 14. 0 14.a. RCFDK193 0 14.b. RCFDK194 15. 15.a. NR 15.b. RCONL135 16. 16.a. RCONN517 Yes 16.a.1. RCONN518 No 16.a.2. RCONN519 No 16.a.3. RCONN520 No 16.a.4. 16.b. 16.c. 16.d. RCONN523 88422 16.d.1. RCONN524 1,188,034 16.d.2. RCONN527 6213 16.d.3. (TEXT4087) www.banking.us.hsbc.com RCONN521NR RCONN5221 RCONL133NR

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 46 Schedule RC-N - Past Due and Nonaccrual Loans Leases and Other Assets 1. 1.a. RCONF172 0 RCONF174 0 RCONF176 0 1.a.1. 1. 1-4 family residential construction loans........................................ 2. Other construction loans and all land development and other land loans.................................................................................................. b. Secured by farmland in domestic offices............................................... c. Secured by 1-4 family residential properties in domestic offices: 1. Revolving, open-end loans secured by 1-4 family residential properties and extended under lines of credit.................................... 2. Closed-end loans secured by 1-4 family residential properties: a. Secured by first liens............................................................... b. Secured by junior liens............................................................ d. Secured by multifamily (5 or more) residential properties in domestic offices........................................................................................................ e. Secured by nonfarm nonresidential properties in domestic offices: 1. Loans secured by owner-occupied nonfarm nonresidential properties........................................................................................... 2. Loans secured by other nonfarm nonresidential properties........... f. In foreign offices..................................................................................... 2. Loans to depository institutions and acceptances of other banks: a. To U.S. banks and other U.S. depository institutions............................. b. To foreign banks..................................................................................... 3. Loans to finance agricultural production and other loans to farmers............ 4. Commercial and industrial loans: a. To U.S. addressees (domicile)............................................................... b. To non-U.S. addressees (domicile)........................................................ 5. Loans to individuals for household, family, and other personal expenditures: a. Credit cards........................................................................................... b. Automobile loans................................................................................... c. Other (includes revolving credit plans other than credit cards and other consumer loans)........................................................................................ 6. Loans to foreign governments and official institutions.................................. 7. All other loans............................................................................................... 8. Lease financing receivables: a. Leases to individuals for household, family, and other personal expenditures.............................................................................................. b. All other leases...................................................................................... 9. Debt securities and other assets (exclude other real estate owned and other repossessed assets)......................................................................................... 10. Loans and leases reported in items 1 through 8 above that are wholly or partially guaranteed by the U.S. Government, excluding loans and leases covered by loss-sharing agreements with the FDIC:........................................ a. Guaranteed portion of loans and leases included in item 10 above, excluding rebooked "GNMA loans"........................................................... b. Rebooked "GNMA loans" that have been repurchased or are eligible for repurchase included in item 10 above.................................................. 11. Loans and leases reported in items 1 through 8 above that are covered by loss-sharing agreements with the FDIC: a. Loans secured by real estate in domestic offices: 1. Construction, land development, and other land loans: a. 1-4 family residential construction loans................................. RCONF173 0 RCONF175 0 RCONF177 0 1.a.2. RCON3493 0 RCON3494 0 RCON3495 0 1.b. 1.c. RCON5398 9,657 RCON5399 0 RCON5400 56,056 1.c.1. 1.c.2. RCONC236 322,521 RCONC237 0 RCONC229 825,003 1.c.2.a. RCONC238 2,455 RCONC239 0 RCONC230 14,900 1.c.2.b. RCON3499 0 RCON3500 0 RCON3501 210 1.d. 1.e. 39,588 RCONF180 0 RCONF182 9,077 1.e.1. RCONF178 3,131 RCONF181 0 RCONF183 35,486 1.e.2. RCONF179 0 0 0 1.f. RCFNB572 RCFNB573 RCFNB574 2. 0 0 0 2.a. RCFD5377 RCFD5378 RCFD5379 0 0 0 2.b. RCFD5380 RCFD5381 RCFD5382 0 0 0 3. RCFD1594 RCFD1597 RCFD1583 4. 16,044 1,037 197,755 4.a. RCFD1251 RCFD1252 RCFD1253 0 0 37,844 4.b. RCFD1254 RCFD1255 RCFD1256 5. 10,274 9,443 0 5.a. RCFDB575 RCFDB576 RCFDB577 15 12 0 5.b. RCFDK213 RCFDK214 RCFDK215 9,223 7,706 0 5.c. RCFDK216 RCFDK217 RCFDK218 0 0 0 6. RCFD5389 RCFD5390 RCFD5391 8,293 3,269 2,328 7. RCFD5459 RCFD5460 RCFD5461 8. 0 0 0 8.a. RCFDF166 RCFDF167 RCFDF168 0 0 0 8.b. RCFDF169 RCFDF170 RCFDF171 0 0 0 9. RCFD3505 RCFD3506 RCFD3507 10. RCFDK039 4,822 RCFDK040 6,559 RCFDK041 1,977 10.a. RCFDK042 79,669 RCFDK043 0 RCFDK044 0 10.b. 11. 11.a. 11.a.1. RCONK045 0 RCONK046 0 RCONK047 0 11.a.1.a. RCFDK03684,677 RCFDK0376,762 RCFDK0382,379 Dollar amounts in thousands (Column A) Past due 30(Column B) Past due 90(Column C) Nonaccrual through 89 days and still days or more and still accruingaccruing 1. Loans secured by real estate: a. Construction, land development, and other land loans in domestic offices:

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 47 b. Other construction loans and all land development and other land loans................................................................................... 2. Secured by farmland...................................................................... 3. Secured by 1-4 family residential properties: a. Revolving, open-end loans secured by 1-4 family residential properties and extended under lines of credit............................ b. Closed-end loans secured by 1-4 family residential properties: 1. Secured by first liens....................................................... 2. Secured by junior liens.................................................... 4. Secured by multifamily (5 or more) residential properties.............. 5. Secured by nonfarm nonresidential properties: a. Loans secured by owner-occupied nonfarm nonresidential properties.................................................................................... b. Loans secured by other nonfarm nonresidential properties..... b. Loans to finance agricultural production and other loans to farmers...... c. Commercial and industrial loans........................................................... d. Loans to individuals for household, family, and other personal expenditures: 1. Credit cards.................................................................................... 2. Automobile loans............................................................................ 3. Other (includes revolving credit plans other than credit cards and other consumer loans)....................................................................... e. All other loans and all leases................................................................. 1. Loans to depository institutions and acceptances of other banks... 2. Loans to foreign governments and official institutions.................... 3. Other loans..................................................................................... 4. Lease financing receivables........................................................... 5. Loans secured by real estate in foreign offices.............................. f. Portion of covered loans and leases included in items 11.a through 11.e above that is protected by FDIC loss-sharing agreements....................... 0 RCONK049 0 RCONK050 0 11.a.1.b. RCONK048 0 RCONK052 0 RCONK053 0 11.a.2. RCONK051 11.a.3. 0 RCONK055 0 RCONK056 0 11.a.3.a. RCONK054 11.a.3.b. 0 RCONK058 0 RCONK059 0 11.a.3.b.1. RCONK057 0 RCONK061 0 RCONK062 0 11.a.3.b.2. RCONK060 0 RCONK064 0 RCONK065 0 11.a.4. RCONK063 11.a.5. 0 RCONK067 0 RCONK068 0 11.a.5.a. RCONK066 0 RCONK070 0 RCONK071 0 11.a.5.b. RCONK069 0 0 0 11.b. RCFDK072 RCFDK073 RCFDK074 0 0 0 11.c. RCFDK075 RCFDK076 RCFDK077 11.d. 0 0 0 11.d.1. RCFDK078 RCFDK079 RCFDK080 0 0 0 11.d.2. RCFDK081 RCFDK082 RCFDK083 0 0 0 11.d.3. RCFDK084 RCFDK085 RCFDK086 0 0 0 11.e. RCFDK087 RCFDK088 RCFDK089 0 0 0 11.e.1. RCFDK091 RCFDK092 RCFDK093 0 0 0 11.e.2. RCFDK095 RCFDK096 RCFDK097 0 0 0 11.e.3. RCFDK099 RCFDK100 RCFDK101 0 0 0 11.e.4. RCFDK269 RCFDK271 RCFDK272 0 0 0 11.e.5. RCFNK291 RCFNK292 RCFNK293 0 0 0 11.f. RCFDK102 RCFDK103 RCFDK104 Memoranda 1. Loans restructured in troubled debt restructurings included in Schedule RC-N, items 1 through 7, above (and not reported in Schedule RC-C, Part 1, Memorandum item 1): a. Construction, land development, and other land loans in domestic offices: 1. 1-4 family residential construction loans........................................ 2. Other construction loans and all land development and other land loans.................................................................................................. b. Loans secured by 1-4 family residential properties in domestic offices.. c. Secured by multifamily (5 or more) residential properties in domestic offices........................................................................................................ d. Secured by nonfarm nonresidential properties in domestic offices: 1. Loans secured by owner-occupied nonfarm nonresidential properties........................................................................................... 2. Loans secured by other nonfarm nonresidential properties........... e. Commercial and industrial loans: 1. To U.S. addressees (domicile)........................................................ 2. To non-U.S. addressees (domicile)................................................. f. All other loans (include loans to individuals for household, family, and other personal expenditures)..................................................................... 1. Loans secured by farmland in domestic offices............................. 2. Loans to depository institutions and acceptances of other banks... M.1. M.1.a. 0 RCONK106 0 RCONK107 0 M.1.a.1. RCONK105 0 RCONK109 0 RCONK110 0 M.1.a.2. RCONK108 115,514 RCONF662 0 RCONF663 312,789 M.1.b. RCONF661 0 RCONK112 0 RCONK113 0 M.1.c. RCONK111 M.1.d. 0 RCONK115 0 RCONK116 338 M.1.d.1. RCONK114 0 RCONK118 0 RCONK119 30,509 M.1.d.2. RCONK117 M.1.e. 0 0 153,132 M.1.e.1. RCFDK120 RCFDK121 RCFDK122 0 0 0 M.1.e.2. RCFDK123 RCFDK124 RCFDK125 256 255 0 M.1.f. RCFDK126 RCFDK127 RCFDK128 0 RCONK131 0 RCONK132 0 M.1.f.1. RCONK130 0 RCFDK135 0 RCFDK136 0 M.1.f.2. RCFDK134 Dollar amounts in thousands (Column A) Past due 30(Column B) Past due 90(Column C) Nonaccrual through 89 days and still days or more and still accruingaccruing

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 48 3. Loans to finance agricultural production and other loans to farmers............................................................................................... 4. Loans to individuals for household, family, and other personal expenditures: a. Credit cards............................................................................. b. Automobile loans..................................................................... c. Other (includes revolving credit plans other than credit cards and other consumer loans)......................................................... 5. Loans to foreign governments and official institutions.................... 6. Other loans..................................................................................... 7. Loans secured by real estate in foreign offices.............................. 2. Loans to finance commercial real estate, construction, and land development activities (not secured by real estate) included in Schedule RC-N, items 4 and 7, above............................................................................................................ 3. Loans secured by real estate to non-U.S. addressees (domicile) (included in Schedule RC-N, item 1, above).................................................................... 4. Not applicable 5. Loans and leases held for sale and loans measured at fair value (included in Schedule RC-N, items 1 through 8, above): a. Loans and leases held for sale.............................................................. b. Loans measured at fair value: 1. Fair value........................................................................................ 2. Unpaid principal balance................................................................ 0 0 0 M.1.f.3. RCFDK138 RCFDK139 RCFDK140 M.1.f.4. 0 255 0 M.1.f.4.a. RCFDK274 RCFDK275 RCFDK276 0 0 0 M.1.f.4.b. RCFDK277 RCFDK278 RCFDK279 0 0 0 M.1.f.4.c. RCFDK280 RCFDK281 RCFDK282 0 0 0 M.1.f.5. RCFDK283 RCFDK284 RCFDK285 0 0 0 M.1.f.6. RCFDK286 RCFDK287 RCFDK288 0 0 0 M.1.f.7. RCFNK294 RCFNK295 RCFNK296 M.2. RCFD1248 0 RCFD1249 0 RCFD1250 0 M.3. M.4. M.5. RCFDC240 730 RCFDC241 0 RCFDC226 28,647 M.5.a. M.5.b. RCFDF664 0 RCFDF665 0 RCFDF666 0 M.5.b.1. RCFDF667 0 RCFDF668 0 RCFDF669 0 M.5.b.2. Schedule RC-N - Past Due and Nonaccrual Loans Leases and Other Assets Memoranda (Column A) Past due 30 through (Column B) Past due 90 days or Dollar amounts in thousands 89 days more 0 RCFD3530 0 M.6. RCFD3529 6. Derivative contracts: Fair value of amounts carried as assets............................................... Schedule RC-N - Past Due and Nonaccrual Loans Leases and Other Assets Memoranda Dollar amounts in thousands 73,000 M.7. RCFDC410 7. Additions to nonaccrual assets during the quarter...................................................................................................... 8. Nonaccrual assets sold during the quarter.................................................................................................................. RCFDC411 10,000 M.8. Schedule RC-N - Past Due and Nonaccrual Loans Leases and Other Assets Memoranda M.9. RCFDL183 16,557 RCFDL184 0 RCFDL185 2,462 M.9.a. a. Outstanding balance............................................................................. b. Amount included in Schedule RC-N, items 1 through 7, above............. RCFDL186 11,327 RCFDL187 0 RCFDL188 1,658 M.9.b. Dollar amounts in thousands (Column A) Past due 30(Column B) Past due 90(Column C) Nonaccrual through 89 days and still days or more and still accruingaccruing 9. Purchased credit-impaired loans accounted for in accordance with FASB ASC 310-30 (former AICPA Stament of Position 03-3): RCFD65580 RCFD65590 RCFD656096 Dollar amounts in thousands (Column A) Past due 30(Column B) Past due 90(Column C) Nonaccrual through 89 days and still days or more and still accruingaccruing

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 49 Schedule RC-O - Other Data for Deposit Insurance and FICO Assessments Dollar amounts in thousands 1. Total deposit liabilities before exclusions (gross) as defined in Section 3(l) of the Federal Deposit Insurance Act and FDIC regulations............................................................................................................................................................. 2. Total allowable exclusions, including interest accrued and unpaid on allowable exclusions (including foreign deposits).......................................................................................................................................................................... 3. Total foreign deposits, including interest accrued and unpaid thereon (included in item 2 above).............................. 4. Average consolidated total assets for the calendar quarter......................................................................................... a. Averaging method used (for daily averaging, enter 1; for weekly averaging, enter 2).......................................... 5. Average tangible equity for the calendar quarter......................................................................................................... 6. Holdings of long-term unsecured debt issued by other FDIC-insured depository institutions..................................... 7. Unsecured "Other borrowings" with a remaining maturity of (sum of items 7.a through 7.d must be less than or equal to Schedule RC-M, items 5.b.(1)(a)-(d) minus item 10.b): a. One year or less................................................................................................................................................... b. Over one year through three years....................................................................................................................... c. Over three years through five years..................................................................................................................... d. Over five years..................................................................................................................................................... 8. Subordinated notes and debentures with a remaining maturity of (sum of items 8.a through 8.d must equal Schedule RC, item 19): a. One year or less................................................................................................................................................... b. Over one year through three years....................................................................................................................... c. Over three years through five years..................................................................................................................... d. Over five years..................................................................................................................................................... 9. Reciprocal brokered deposits (included in Schedule RC-E, part I, Memorandum item 1.b)....................................... a. Fully consolidated reciprocal brokered deposits.................................................................................................. 10. Banker's bank certification: Does the reporting institution meet both the statutory definition of a banker's bank and the business conduct test set forth in FDIC regulations? If the answer to item 10 is "YES," complete items 10.a and 10.b.................................................................................................................................................................................. a. Banker's bank deduction...................................................................................................................................... b. Banker's bank deduction limit............................................................................................................................... 11. Custodial bank certification: Does the reporting institution meet the definition of a custodial bank set forth in FDIC regulations? If the answer to item 11 is "YES," complete items 11.a and 11.b............................................................... a. Custodial bank deduction..................................................................................................................................... b. Custodial bank deduction limit.............................................................................................................................. Memoranda 1. Total deposit liabilities of the bank (including related interest accrued and unpaid) less allowable exclusions (including related interest accrued and unpaid) (sum of Memorandum items 1.a.(1), 1.b.(1), 1.c.(1), and 1.d.(1) must equal Schedule RC-O, item 1 less item 2): a. Deposit accounts (excluding retirement accounts) of $250,000 or less: 1. Amount of deposit accounts (excluding retirement accounts) of $250,000 or less....................................... 2. Number of deposit accounts (excluding retirement accounts) of $250,000 or less....................................... b. Deposit accounts (excluding retirement accounts) of more than $250,000: 1. Amount of deposit accounts (excluding retirement accounts) of more than $250,000................................. 2. Number of deposit accounts (excluding retirement accounts) of more than $250,000................................. c. Retirement deposit accounts of $250,000 or less: 1. Amount of retirement deposit accounts of $250,000 or less......................................................................... 2. Number of retirement deposit accounts of $250,000 or less........................................................................ d. Retirement deposit accounts of more than $250,000: 1. Amount of retirement deposit accounts of more than $250,000................................................................... 2. Number of retirement deposit accounts of more than $250,000................................................................... 2. Estimated amount of uninsured deposits in domestic offices of the bank and in insured branches in Puerto Rico and U.S. territories and possessions, including related interest accrued and unpaid (see instructions)................................ 3. Has the reporting institution been consolidated with a parent bank or savings association in that parent bank's or parent savings association's Call Report? If so, report the legal title and FDIC Certificate Number of the parent bank or parent savings association: RCFDF236 147,655,469 1. RCFDF237 11,633,832 2. RCFNF234 11,633,832 3. RCFDK652 192,712,206 4. RCFDK653 1 4.a. RCFDK654 22,240,974 5. RCFDK655 0 6. 7. RCFDG465 34,838 7.a. RCFDG466 44,567 7.b. RCFDG467 59,647 7.c. RCFDG468 63,375 7.d. 8. RCFDG469 0 8.a. RCFDG470 499,420 8.b. RCFDG471 1,249,688 8.c. RCFDG472 2,800,040 8.d. RCONG803 0 9. RCONL190 NR 9.a. 10. 0 10.a. RCFDK657 0 10.b. RCFDK658 No 11. RCFDK659 0 11.a. RCFDK660 0 11.b. RCFDK661 M.1. M.1.a. RCONF049 31,724,282 M.1.a.1. RCONF050 1470404 M.1.a.2. M.1.b. RCONF051 104,279,275 M.1.b.1. RCONF052 31511 M.1.b.2. M.1.c. RCONF045 17,797 M.1.c.1. RCONF046 4527 M.1.c.2. M.1.d. RCONF047 283 M.1.d.1. RCONF048 1 M.1.d.2. RCON5597 95,553,200 M.2. M.3. RCFDK656No

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 50 Dollar amounts in thousands TEXTA545 a. Legal title.............................................................................................................................................................. b. FDIC Certificate Number...................................................................................................................................... 4. Not applicable 5. Not applicable 6. Criticized and classified items: a. Special mention.................................................................................................................................................... b. Substandard......................................................................................................................................................... c. Doubtful................................................................................................................................................................ d. Loss...................................................................................................................................................................... 7. "Nontraditional 1-4 family residential mortgage loans" as defined for assessment purposes only in FDIC regulations: a. Nontraditional 1-4 family residential mortgage loans........................................................................................... b. Securitizations of nontraditional 1-4 family residential mortgage loans................................................................ 8. "Higher-risk consumer loans" as defined for assessment purposes only in FDIC regulations: a. Higher-risk consumer loans................................................................................................................................. b. Securitizations of higher-risk consumer loans...................................................................................................... 9. "Higher-risk commercial and industrial loans and securities" as defined for assessment purposes only in FDIC regulations: a. Higher-risk commercial and industrial loans and securities................................................................................. b. Securitizations of higher-risk commercial and industrial loans and securities..................................................... 10. Commitments to fund construction, land development, and other land loans secured by real estate for the consolidated bank: a. Total unfunded commitments................................................................................................................................ b. Portion of unfunded commitments guaranteed or insured by the U.S. government (including the FDIC)............ 11. Amount of other real estate owned recoverable from the U.S. government under guarantee or insurance provisions (excluding FDIC loss-sharing agreements)..................................................................................................................... 12. Nonbrokered time deposits of more than $250,000 in domestic offices (included in Schedule RC-E, Memorandum item 2.d).......................................................................................................................................................................... 13. Portion of funded loans and securities in domestic and foreign offices guaranteed or insured by the U.S. government (including FDIC loss-sharing agreements): a. Construction, land development, and other land loans secured by real estate.................................................... b. Loans secured by multifamily residential and nonfarm nonresidential properties................................................ c. Closed-end loans secured by first liens on 1-4 family residential properties........................................................ d. Closed-end loans secured by junior liens on 1-4 family residential properties and revolving, open-end loans secured by 1-4 family residential properties and extended under lines of credit..................................................... e. Commercial and industrial loans.......................................................................................................................... f. Credit card loans to individuals for household, family, and other personal expenditures...................................... g. All other loans to individuals for household, family, and other personal expenditures.......................................... h. Non-agency residential mortgage-backed securities........................................................................................... 14. Amount of the institution's largest counterparty exposure......................................................................................... 15. Total amount of the institution's 20 largest counterparty exposures.......................................................................... 16. Portion of loans restructured in troubled debt restructurings that are in compliance with their modified terms and are guaranteed or insured by the U.S. government (including the FDIC) (included in Schedule RC-C, part I, Memorandum item 1)............................................................................................................................................................................. 17. Selected fully consolidated data for deposit insurance assessment purposes: a. Total deposit liabilities before exclusions (gross) as defined in Section 3(l) of the Fderal Deposit Insurance Act and FDIC regulations............................................................................................................................................... b. Total allowable exclusions, including interest accrued and unpaid on allowable exclusions (including foreign deposits)................................................................................................................................................................... c. Unsecured "Other borrowings" with a remaining maturity of one year or less..................................................... d. Estimated amount of uninsured deposits in domestic offices of the institution and in insured branches in Puerto Rico and U.S. territories and possessions, including related interest accrued and unpaid...................................... M.3.a. RCONA545 0 M.3.b. M.4. M.5. M.6. RCFDK663 CONF M.6.a. RCFDK664 CONF M.6.b. RCFDK665 CONF M.6.c. RCFDK666 CONF M.6.d. M.7. RCFDN025 CONF M.7.a. RCFDN026 CONF M.7.b. M.8. RCFDN027 CONF M.8.a. RCFDN028 CONF M.8.b. M.9. CONF M.9.a. RCFDN029 CONF M.9.b. RCFDN030 M.10. 1,447,426 M.10.a. RCFDK676 0 M.10.b. RCFDK677 0 M.11. RCFDK669 19,735,620 M.12. RCONK678 M.13. 0 M.13.a. RCFDN177 0 M.13.b. RCFDN178 487,947 M.13.c. RCFDN179 0 M.13.d. RCFDN180 0 M.13.e. RCFDN181 0 M.13.f. RCFDN182 138,815 M.13.g. RCFDN183 0 M.13.h. RCFDM963 CONF M.14. RCFDK673 CONF M.15. RCFDK674 M.16. M.17. RCFDL194 NR M.17.a. RCFDL195 NR M.17.b. RCFDL196 NR M.17.c. RCONL197 NR M.17.d. RCFDL189132,966

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 51 Schedule RC-O - Other Data for Deposit Insurance and FICO Assessments M.18. a. "Nontraditional 1-4 family residential mortgage loans" as defined for assessment purposes only in FDIC regulations.............................................. RCFDM964 RCFDM965 RCFDM966 RCFDM967 RCFDM968 RCFDM969 RCFDM970 RCFDM971 RCFDM972 RCFDM973 RCFDM974 RCFDM975 RCFDM976 RCFDM977 RCFDM978 M.18.a. RCFDM979 RCFDM980 RCFDM981 RCFDM982 RCFDM983 RCFDM984 RCFDM985 RCFDM986 RCFDM987 RCFDM988 RCFDM989 RCFDM990 RCFDM991 RCFDM992 RCFDM993 b. Closed-end loans secured by first liens on 1-4 family residential properties........ c. Closed-end loans secured by junior liens on 1-4 family residential properties............................................... CONF CONF CONF CONF CONF CONF CONF CONF CONF CONF CONF CONF CONF CONF CONF M.18.b. RCFDM994 RCFDM995 RCFDM996 RCFDM997 RCFDM998 RCFDM999 RCFDN001 RCFDN002 RCFDN003 RCFDN004 RCFDN005 RCFDN006 RCFDN007 RCFDN008 RCFDN009 CONF CONF CONF CONF CONF CONF CONF CONF CONF CONF CONF CONF CONF CONF CONF M.18.c. d. Revolving, open-end loans secured by RCFDN010 RCFDN011 RCFDN012 RCFDN013 RCFDN014 RCFDN015 RCFDN016 RCFDN017 RCFDN018 RCFDN019 RCFDN020 RCFDN021 RCFDN022 RCFDN023 RCFDN024 1-4 family residential properties and extended under lines of credit................ CONF CONF CONF CONF CONF CONF CONF CONF CONF CONF CONF CONF CONF CONF CONF M.18.d. RCFDN040 RCFDN041 RCFDN042 RCFDN043 RCFDN044 RCFDN045 RCFDN046 RCFDN047 RCFDN048 RCFDN049 RCFDN050 RCFDN051 RCFDN052 RCFDN053 RCFDN054 CONF CONF CONF CONF CONF CONF CONF CONF CONF CONF CONF CONF CONF CONF CONF M.18.e. e. Credit cards........................................ RCFDN055 RCFDN056 RCFDN057 RCFDN058 RCFDN059 RCFDN060 RCFDN061 RCFDN062 RCFDN063 RCFDN064 RCFDN065 RCFDN066 RCFDN067 RCFDN068 RCFDN069 CONF CONF CONF CONF CONF CONF CONF CONF CONF CONF CONF CONF CONF CONF CONF M.18.f. f. Automobile loans................................. RCFDN070 RCFDN071 RCFDN072 RCFDN073 RCFDN074 RCFDN075 RCFDN076 RCFDN077 RCFDN078 RCFDN079 RCFDN080 RCFDN081 RCFDN082 RCFDN083 RCFDN084 CONF CONF CONF CONF CONF CONF CONF CONF CONF CONF CONF CONF CONF CONF CONF M.18.g. g. Student loans...................................... RCFDN085 RCFDN086 RCFDN087 RCFDN088 RCFDN089 RCFDN090 RCFDN091 RCFDN092 RCFDN093 RCFDN094 RCFDN095 RCFDN096 RCFDN097 RCFDN098 RCFDN099 h. Other consumer loans and revolving credit plans other than credit cards........ CONF CONF CONF CONF CONF CONF CONF CONF CONF CONF CONF CONF CONF CONF CONF M.18.h. RCFDN100 RCFDN101 RCFDN102 RCFDN103 RCFDN104 RCFDN105 RCFDN106 RCFDN107 RCFDN108 RCFDN109 RCFDN110 RCFDN111 RCFDN112 RCFDN113 RCFDN114 CONF CONF CONF CONF CONF CONF CONF CONF CONF CONF CONF CONF CONF CONF CONF M.18.i. i. Consumer leases................................. j. Total..................................................... M.18.j. RCFDN115 RCFDN116 RCFDN117 RCFDN118 RCFDN119 RCFDN120 RCFDN121 RCFDN122 RCFDN123 RCFDN124 RCFDN125 RCFDN126 RCFDN127 RCFDN128 CONFCONFCONFCONFCONFCONFCONFCONFCONFCONFCONFCONFCONFCONF CONFCONFCONFCONFCONFCONFCONFCONFCONFCONFCONFCONFCONFCONFCONF Dollar amounts in thousands (Column (Column (Column (Column (Column (Column (Column (Column (Column I) (Column (Column (Column (Column (Column (Column A)B)C)D)E)F)G)H)Two-YearJ)K)L)M)N) O) PDs Two-Year Two-Year Two-Year Two-Year Two-Year Two-Year Two-Year Two-Year Probability Two-Year Two-Year Two-Year Two-Year Two-YearWere Probability Probability Probability Probability Probability Probability Probability Probability of Default Probability Probability Probability Probability Probability Derived of Default of Default of Default of Default of Default of Default of Default of Default(PD)of Default of Default of Default of Default of DefaultUsing (PD) <=(PD)(PD)(PD)(PD)(PD)(PD)(PD)20.01–22%(PD)(PD)(PD) >(PD)(PD) Total 1%1.01–4% 4.01–7% 7.01–10% 10.01–14% 14.01–16% 16.01–18% 18.01–20%22.01–26% 26.01–30%30%Unscoreable 18. Outstanding balance of 1-4 family residential mortgage loans, consumer loans, and consumer leases by two-year probability of default:

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 52 Schedule RC-P - 1-4 Family Residential Mortgage Banking Activities in Domestic Offices Dollar amounts in thousands 1. RCONF066 70,336 1.a. a. Closed-end first liens............................................................................................................................................ b. Closed-end junior liens......................................................................................................................................... c. Open-end loans extended under lines of credit: 1. Total commitment under the lines of credit.................................................................................................... 2. Principal amount funded under the lines of credit......................................................................................... 2. Wholesale originations and purchases during the quarter of 1-4 family residential mortgage loans for sale: a. Closed-end first liens............................................................................................................................................ b. Closed-end junior liens......................................................................................................................................... c. Open-end loans extended under lines of credit: 1. Total commitment under the lines of credit.................................................................................................... 2. Principal amount funded under the lines of credit......................................................................................... 3. 1-4 family residential mortgages sold during the quarter: a. Closed-end first liens............................................................................................................................................ b. Closed-end junior liens......................................................................................................................................... c. Open-end loans extended under lines of credit: 1. Total commitment under the lines of credit.................................................................................................... 2. Principal amount funded under the lines of credit......................................................................................... 4. 1-4 family residential mortgages held for sale at quarter-end (included in Schedule RC, item 4.a): a. Closed-end first liens............................................................................................................................................ b. Closed-end junior liens......................................................................................................................................... c. Open-end loans extended under lines of credit: 1. Total commitment under the lines of credit.................................................................................................... 2. Principal amount funded under the lines of credit......................................................................................... 5. Noninterest income for the quarter from the sale, securitization, and servicing of 1-4 family residential mortgage loans (included in Schedule RI, items 5.c, 5.f, 5.g, and 5.i): a. Closed-end 1-4 family residential mortgage loans............................................................................................... b. Open-end 1-4 family residential mortgage loans extended under lines of credit.................................................. 6. Repurchases and indemnifications of 1-4 family residential mortgage loans during the quarter: a. Closed-end first liens............................................................................................................................................ b. Closed-end junior liens......................................................................................................................................... c. Open-end loans extended under line of credit: 1. Total commitment under the lines of credit.................................................................................................... 2. Principal amount funded under the lines of credit......................................................................................... 7. Representation and warranty reserves for 1-4 family residential mortgage loans sold: a. For representations and warranties made to U.S. government agencies and government-sponsored agencies.. b. For representations and warranties made to other parties................................................................................... c. Total representation and warranty reserves (sum of items 7.a and 7.b)............................................................... RCONF067 0 1.b. 1.c. RCONF670 0 1.c.1. RCONF671 0 1.c.2. 2. RCONF068 174,823 2.a. RCONF069 0 2.b. 2.c. RCONF672 0 2.c.1. RCONF673 0 2.c.2. 3. RCONF070 251,007 3.a. RCONF071 0 3.b. 3.c. RCONF674 0 3.c.1. RCONF675 0 3.c.2. 4. RCONF072 9,708 4.a. RCONF073 838 4.b. 4.c. RCONF676 0 4.c.1. RCONF677 0 4.c.2. 5. RIADF184 22,015 5.a. RIADF560 0 5.b. 6. RCONF678 13,303 6.a. RCONF679 0 6.b. 6.c. RCONF680 0 6.c.1. RCONF681 0 6.c.2. 7. RCONL191 CONF 7.a. RCONL192 CONF 7.b. RCONM288 16,669 7.c. Schedule RC-Q - Assets and Liabilities Measured at Fair Value on a Recurring Basis RCFD1773 RCFDG474 RCFDG475 RCFDG476 RCFDG477 35,521,945 0 21,924,399 13,597,546 0 1. 1. Available-for-sale securities............................................................... RCFDG478 RCFDG479 RCFDG480 RCFDG481 RCFDG482 2. Federal funds sold and securities purchased under agreements to resell...................................................................................................... 0 0 0 0 0 2. Dollar amounts in thousands (Column A) Total(Column B) (Column C)(Column D)(Column E) Fair ValueLESS: AmountsLevel 1 FairLevel 2 FairLevel 3 Fair Reported onNetted in theValueValueValue Schedule RC Determination of Measurements Measurements Measurements Total Fair Value 1. Retail originations during the quarter of 1-4 family residential mortgage loans for sale:

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 53 RCFDG483 RCFDG484 RCFDG485 RCFDG486 RCFDG487 60,570 0 0 60,570 0 3. 3. Loans and leases held for sale.......................................................... RCFDG488 RCFDG489 RCFDG490 RCFDG491 RCFDG492 0 0 0 0 0 4. 4. Loans and leases held for investment............................................... 5. Trading assets: 5. RCFD3543 RCFDG493 RCFDG494 RCFDG495 RCFDG496 5,151,618 59,554,890 64,321 64,313,255 328,932 5.a. a. Derivative assets........................................................................ RCFDG497 RCFDG498 RCFDG499 RCFDG500 RCFDG501 12,022,950 0 3,087,774 5,844,002 3,091,174 5.b. b. Other trading assets................................................................... 1. Nontrading securities at fair value with changes in fair value reported in current earnings (included in Schedule RC-Q, item 5.b, above).............................................................................. RCFDF240 RCFDF684 RCFDF692 RCFDF241 RCFDF242 0 0 0 0 0 5.b.1. RCFDG391 RCFDG392 RCFDG395 RCFDG396 RCFDG804 1,177,043 0 0 1,037,153 139,890 6. 6. All other assets.................................................................................. RCFDG502 RCFDG503 RCFDG504 RCFDG505 RCFDG506 7. Total assets measured at fair value on a recurring basis (sum of items 1 through 5.b plus item 6)...................................................................... 53,934,126 59,554,890 25,076,494 84,852,526 3,559,996 7. RCFDF252 RCFDF686 RCFDF694 RCFDF253 RCFDF254 6,918,607 0 0 5,051,807 1,866,800 8. 8. Deposits............................................................................................. RCFDG507 RCFDG508 RCFDG509 RCFDG510 RCFDG511 9. Federal funds purchased and securities sold under agreements to repurchase............................................................................................ 1,976,297 0 0 1,976,297 0 9. 10. 10. Trading liabilities: RCFD3547 RCFDG512 RCFDG513 RCFDG514 RCFDG515 6,408,934 56,297,114 80,366 62,452,657 173,025 10.a. a. Derivative liabilities..................................................................... RCFDG516 RCFDG517 RCFDG518 RCFDG519 RCFDG520 1,049,022 0 362,833 686,189 0 10.b. b. Other trading liabilities................................................................ RCFDG521 RCFDG522 RCFDG523 RCFDG524 RCFDG525 154,307 0 0 152,955 1,352 11. 11. Other borrowed money.................................................................... RCFDG526 RCFDG527 RCFDG528 RCFDG529 RCFDG530 2,007,372 0 0 2,007,372 0 12. 12. Subordinated notes and debentures............................................... RCFDG805 RCFDG806 RCFDG807 RCFDG808 RCFDG809 572,586 418,492 612 990,466 0 13. 13. All other liabilities............................................................................. RCFDG531 RCFDG532 RCFDG533 RCFDG534 RCFDG535 14. Total liabilities measured at fair value on a recurring basis (sum of items 8 through 13)............................................................................... 1. All other assets (itemize and describe amounts included in Schedule RC-Q, item 6, that are greater than $25,000 and exceed 25% of item 6): 19,087,125 56,715,606 443,811 73,317,743 2,041,177 14. M.1. RCFDG536 RCFDG537 RCFDG538 RCFDG539 RCFDG540 0 0 0 0 0 M.1.a. a. Mortgage servicing assets......................................................... RCFDG541 RCFDG542 RCFDG543 RCFDG544 RCFDG545 1,037,153 0 0 1,037,153 0 M.1.b. b. Nontrading derivative assets...................................................... Schedule RC-Q - Assets and Liabilities Measured at Fair Value on a Recurring Basis Memoranda Dollar amounts in thousands M.1.c. TEXTG546 1. Describe component.................................................................................................................................................... M.1.c.1. c. Disclose component and the dollar amount of that component: Dollar amounts in thousands (Column A) Total(Column B) (Column C)(Column D)(Column E) Fair ValueLESS: AmountsLevel 1 FairLevel 2 FairLevel 3 Fair Reported onNetted in theValueValueValue Schedule RC Determination of Measurements Measurements Measurements Total Fair Value

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 54 Schedule RC-Q - Assets and Liabilities Measured at Fair Value on a Recurring Basis RCFDG546RCFDG547RCFDG548RCFDG549RCFDG550 0 0 0 0 0 M.1.c.2. 2. Amount of component....................................................................... Schedule RC-Q - Assets and Liabilities Measured at Fair Value on a Recurring Basis Memoranda Dollar amounts in thousands M.1.d. TEXTG551 M.1.d.1. 1. Describe component.................................................................................................................................................... Schedule RC-Q - Assets and Liabilities Measured at Fair Value on a Recurring Basis RCFDG551RCFDG552RCFDG553RCFDG554RCFDG555 0 0 0 0 0 M.1.d.2. 2. Amount of component....................................................................... Schedule RC-Q - Assets and Liabilities Measured at Fair Value on a Recurring Basis Memoranda Dollar amounts in thousands M.1.e. TEXTG556 M.1.e.1. 1. Describe component.................................................................................................................................................... Schedule RC-Q - Assets and Liabilities Measured at Fair Value on a Recurring Basis RCFDG556RCFDG557RCFDG558RCFDG559RCFDG560 0 0 0 0 0 M.1.e.2. 2. Amount of component....................................................................... Schedule RC-Q - Assets and Liabilities Measured at Fair Value on a Recurring Basis Memoranda Dollar amounts in thousands M.1.f. TEXTG561 M.1.f.1. 1. Describe component.................................................................................................................................................... f. Disclose component and the dollar amount of that component: Dollar amounts in thousands (Column A) Total(Column B) (Column C)(Column D)(Column E) Fair ValueLESS: AmountsLevel 1 FairLevel 2 FairLevel 3 Fair Reported onNetted in theValueValueValue Schedule RC Determination of Measurements Measurements Measurements Total Fair Value e. Disclose component and the dollar amount of that component: Dollar amounts in thousands (Column A) Total(Column B) (Column C)(Column D)(Column E) Fair ValueLESS: AmountsLevel 1 FairLevel 2 FairLevel 3 Fair Reported onNetted in theValueValueValue Schedule RC Determination of Measurements Measurements Measurements Total Fair Value d. Disclose component and the dollar amount of that component: Dollar amounts in thousands (Column A) Total(Column B) (Column C)(Column D)(Column E) Fair ValueLESS: AmountsLevel 1 FairLevel 2 FairLevel 3 Fair Reported onNetted in theValueValueValue Schedule RC Determination of Measurements Measurements Measurements Total Fair Value

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 55 Schedule RC-Q - Assets and Liabilities Measured at Fair Value on a Recurring Basis RCFDG561 RCFDG562 RCFDG563 RCFDG564 RCFDG565 0 0 0 0 0 M.1.f.2. 2. Amount of component....................................................................... 2. All other liabilities (itemize and describe amounts included in Schedule RC-Q, item 13, that are greater than $25,000 and exceed 25% of item 13): M.2. RCFDF261 RCFDF689 RCFDF697 RCFDF262 RCFDF263 0 0 0 0 0 M.2.a. a. Loan commitments (not accounted for as derivatives)............... RCFDG566 RCFDG567 RCFDG568 RCFDG569 RCFDG570 572,586 418,492 612 990,466 0 M.2.b. b. Nontrading derivative liabilities................................................... Schedule RC-Q - Assets and Liabilities Measured at Fair Value on a Recurring Basis Memoranda Dollar amounts in thousands M.2.c. 1. Describe component.................................................................................................................................................... TEXTG571 M.2.c.1. Schedule RC-Q - Assets and Liabilities Measured at Fair Value on a Recurring Basis RCFDG571RCFDG572RCFDG573RCFDG574RCFDG575 0 0 0 0 0 M.2.c.2. 2. Amount of component....................................................................... Schedule RC-Q - Assets and Liabilities Measured at Fair Value on a Recurring Basis Memoranda Dollar amounts in thousands M.2.d. 1. Describe component.................................................................................................................................................... TEXTG576 M.2.d.1. Schedule RC-Q - Assets and Liabilities Measured at Fair Value on a Recurring Basis RCFDG576RCFDG577RCFDG578RCFDG579RCFDG580 0 0 0 0 0 M.2.d.2. 2. Amount of component....................................................................... Dollar amounts in thousands (Column A) Total(Column B) (Column C)(Column D)(Column E) Fair ValueLESS: AmountsLevel 1 FairLevel 2 FairLevel 3 Fair Reported onNetted in theValueValueValue Schedule RC Determination of Measurements Measurements Measurements Total Fair Value d. Disclose component and the dollar amount of that component: Dollar amounts in thousands (Column A) Total(Column B) (Column C)(Column D)(Column E) Fair ValueLESS: AmountsLevel 1 FairLevel 2 FairLevel 3 Fair Reported onNetted in theValueValueValue Schedule RC Determination of Measurements Measurements Measurements Total Fair Value c. Disclose component and the dollar amount of that component: Dollar amounts in thousands (Column A) Total(Column B) (Column C)(Column D)(Column E) Fair ValueLESS: AmountsLevel 1 FairLevel 2 FairLevel 3 Fair Reported onNetted in theValueValueValue Schedule RC Determination of Measurements Measurements Measurements Total Fair Value

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 56 Schedule RC-Q - Assets and Liabilities Measured at Fair Value on a Recurring Basis Memoranda Dollar amounts in thousands M.2.e. TEXTG581 M.2.e.1. 1. Describe component.................................................................................................................................................... Schedule RC-Q - Assets and Liabilities Measured at Fair Value on a Recurring Basis RCFDG581RCFDG582RCFDG583RCFDG584RCFDG585 0 0 0 0 0 M.2.e.2. 2. Amount of component....................................................................... Schedule RC-Q - Assets and Liabilities Measured at Fair Value on a Recurring Basis Memoranda Dollar amounts in thousands M.2.f. TEXTG586 M.2.f.1. 1. Describe component.................................................................................................................................................... Schedule RC-Q - Assets and Liabilities Measured at Fair Value on a Recurring Basis RCFDG586RCFDG587RCFDG588RCFDG589RCFDG590 0 0 0 0 0 M.2.f.2. 2. Amount of component....................................................................... Dollar amounts in thousands (Column A) Total(Column B) (Column C)(Column D)(Column E) Fair ValueLESS: AmountsLevel 1 FairLevel 2 FairLevel 3 Fair Reported onNetted in theValueValueValue Schedule RC Determination of Measurements Measurements Measurements Total Fair Value f. Disclose component and the dollar amount of that component: Dollar amounts in thousands (Column A) Total(Column B) (Column C)(Column D)(Column E) Fair ValueLESS: AmountsLevel 1 FairLevel 2 FairLevel 3 Fair Reported onNetted in theValueValueValue Schedule RC Determination of Measurements Measurements Measurements Total Fair Value e. Disclose component and the dollar amount of that component:

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 57 Schedule RC-R Part I - Regulatory Capital Components and Ratios Dollar amounts in thousands 1. Common stock plus related surplus, net of treasury stock and unearned employee stock ownership plan (ESOP) shares.............................................................................................................................................................................. 2. Retained earnings....................................................................................................................................................... 3. Accumulated other comprehensive income (AOCI)..................................................................................................... a. AOCI opt-out election (enter "1" for Yes; enter "0" for No.) (Advanced approaches institutions must enter "0" for No.)..................................................................................................................................................................... 4. Common equity tier 1 minority interest includable in common equity tier 1 capital..................................................... 5. Common equity tier 1 capital before adjustments and deductions (sum of items 1 through 4)................................... 6. LESS: Goodwill net of associated deferred tax liabilities (DTLs)................................................................................. 7. LESS: Intangible assets (other than goodwill and mortgage servicing assets (MSAs)), net of associated DTLs....... 8. LESS: Deferred tax assets (DTAs) that arise from net operating loss and tax credit carryforwards, net of any related valuation allowances and net of DTLs............................................................................................................................. 9. AOCI-related adjustments (items 9.a through 9.e are effective January 1, 2015) (if entered "1" for Yes in item 3.a, complete only items 9.a through 9.e; if entered "0" for No in item 3.a, complete only item 9.f): a. LESS: Net unrealized gains (losses) on available-for-sale securities (if a gain, report as a positive value; if a loss, report as a negative value).............................................................................................................................. b. LESS: Net unrealized loss on available-for-sale preferred stock classified as an equity security under GAAP and available-for-sale equity exposures (report loss as a positive value)................................................................ c. LESS: Accumulated net gains (losses) on cash flow hedges (if a gain, report as a positive value; if a loss, report as a negative value)................................................................................................................................................. d. LESS: Amounts recorded in AOCI attributed to defined benefit postretirement plans resulting from the initial and subsequent application of the relevant GAAP standards that pertain to such plans (if a gain, report as a positive value; if a loss, report as a negative value)................................................................................................. e. LESS: Net unrealized gains (losses) on held-to-maturity securities that are included in AOCI (if a gain, report as a positive value; if a loss, report as a negative value)......................................................................................... f. LESS: Accumulated net gain (loss) on cash flow hedges included in AOCI, net of applicable income taxes, that relate to the hedging of items that are not recognized at fair value on the balance sheet (if a gain, report as a positive value; if a loss, report as a negative value) (To be completed only by institutions that entered "0" for No in item 3.a)............................................................................................................................................................... 10. Other deductions from (additions to) common equity tier 1 capital before threshold-based deductions: a. LESS: Unrealized net gain (loss) related to changes in the fair value of liabilities that are due to changes in own credit risk (if a gain, report as a positive value; if a loss, report as a negative value).............................................. b. LESS: All other deductions from (additions to) common equity tier 1 capital before threshold-based deductions. 11. LESS: Non-significant investments in the capital of unconsolidated financial institutions in the form of common stock that exceed the 10 percent threshold for non-significant investments................................................................... 12. Subtotal (item 5 minus items 6 through 11)............................................................................................................... 13. LESS: Significant investments in the capital of unconsolidated financial institutions in the form of common stock, net of associated DTLs, that exceed the 10 percent common equity tier 1 capital deduction threshold......................... 14. LESS: MSAs, net of associated DTLs, that exceed the 10 percent common equity tier 1 capital deduction threshold.......................................................................................................................................................................... 15. LESS: DTAs arising from temporary differences that could not be realized through net operating loss carrybacks, net of related valuation allowances and net of DTLs, that exceed the 10 percent common equity tier 1 capital deduction threshold.......................................................................................................................................................................... 16. LESS: Amount of significant investments in the capital of unconsolidated financial institutions in the form of common stock, net of associated DTLs; MSAs, net of associated DTLs; and DTAs arising from temporary differences that could not be realized through net operating loss carrybacks, net of related valuation allowances and net of DTLs; that exceeds the 15 percent common equity tier 1 capital deduction threshold................................................................................... 17. LESS: Deductions applied to common equity tier 1 capital due to insufficient amounts of additional tier 1 capital and tier 2 capital to cover deductions.............................................................................................................................. 18. Total adjustments and deductions for common equity tier 1 capital (sum of items 13 through 17)............................ 19. Common equity tier 1 capital (item 12 minus item 18).............................................................................................. 20. Additional tier 1 capital instruments plus related surplus.......................................................................................... 21. Non-qualifying capital instruments subject to phase out from additional tier 1 capital ............................................. 22. Tier 1 minority interest not included in common equity tier 1 capital......................................................................... 23. Additional tier 1 capital before deductions (sum of items 20, 21, and 22)................................................................. 24. LESS: Additional tier 1 capital deductions................................................................................................................. 25. Additional tier 1 capital (greater of item 23 minus item 24, or zero).......................................................................... 26. Tier 1 capital (sum of items 19 and 25)..................................................................................................................... RCFAP742 18,509,265 1. RCFD3632 3,175,372 2. RCFAB530 -265,543 3. RCOAP838 0 3.a. RCFAP839 0 4. RCFAP840 21,419,094 5. RCFAP841 1,611,655 6. RCFAP842 16,246 7. RCFAP843 2,273 8. 9. RCFAP844 NR 9.a. RCFAP845 NR 9.b. RCFAP846 NR 9.c. 9.d. NR 9.e. RCFAP848 9.f. 10. 122,344 10.a. RCFAQ258 39,821 10.b. RCFAP850 0 11. RCFAP851 19,796,088 12. RCFAP852 0 13. RCFAP853 0 14. RCFAP854 15. 16. RCFAP857 0 17. RCFAP858 0 18. RCFAP859 19,796,088 19. RCFAP860 2,500,000 20. RCFAP861 0 21. RCFAP862 0 22. RCFAP863 2,500,000 23. RCFAP864 186,926 24. RCFAP865 2,313,074 25. RCFA8274 22,109,162 26. RCFAP8550 RCFAP8560 RCFAP849-169,333 RCFAP847NR

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 58 Dollar amounts in thousands RCFAP866 3,547,519 27. 27. Tier 2 capital instruments plus related surplus.......................................................................................................... 28. Non-qualifying capital instruments subject to phase out from tier 2 capital............................................................... 29. Total capital minority interest that is not included in tier 1 capital.............................................................................. 30. Allowance for loan and lease losses and eligible credit reserves includable in tier 2 capital a. Allowance for loan and lease losses includable in tier 2 capital........................................................................... b. (Advanced approaches institutions that exit parallel run only): Eligible credit reserves includable in tier 2 capital. 31. Unrealized gains on available-for-sale preferred stock classified as an equity security under GAAP and available-for-sale equity exposures includable in tier 2 capital........................................................................................ 32. Tier 2 capital before deductions a. Tier 2 capital before deductions (sum of items 27 through 30.a, plus item 31).................................................... b. (Advanced approaches institutions that exit parallel run only): Tier 2 capital before deductions (sum of items 27 through 29, plus items 30.b and 31).................................................................................................................... 33. LESS: Tier 2 capital deductions................................................................................................................................. 34. Tier 2 capital a. Tier 2 capital (greater of item 32.a minus item 33, or zero).................................................................................. b. (Advanced approaches institutions that exit parallel run only): Tier 2 capital (greater of item 32.b minus item 33, or zero)............................................................................................................................................................... 35. Total capital a. Total capital (sum of items 26 and 34.a)............................................................................................................... b. (Advanced approaches institutions that exit parallel run only): Total capital (sum of items 26 and 34.b)............. 36. Average total consolidated assets............................................................................................................................. 37. LESS: Deductions from common equity tier 1 capital and additional tier 1 capital (sum of items 6, 7, 8, 10.b, 11, 13 through 17, and certain elements of item 24 - see instructions)................................................................................ 38. LESS: Other deductions from (additions to) assets for leverage ratio purposes....................................................... 39. Total assets for the leverage ratio (item 36 minus items 37 and 38).......................................................................... 40. Total risk-weighted assets a. Total risk-weighted assets (from Schedule RC-R, Part II, item 31)...................................................................... b. (Advanced approaches institutions that exit parallel run only): Total riskweighted assets using advanced approaches rule (from FFIEC 101 Schedule A, item 60)......................................................................................... RCFAP867 0 28. RCFAP868 0 29. 30. RCFA5310 1,013,162 30.a. RCFW5310 NR 30.b. RCFAQ257 146 31. 32. 4,560,827 32.a. RCFAP870 NR 32.b. RCFWP870 0 33. RCFAP872 34. 4,560,827 34.a. RCFA5311 NR 34.b. RCFW5311 35. 26,669,989 35.a. RCFA3792 NR 35.b. RCFW3792 192,712,206 36. RCFD3368 1,673,404 37. RCFAP875 -215,291 38. RCFAB596 191,254,093 39. RCFAA224 40. 143,542,866 40.a. RCFAA223 NR 40.b. RCFWA223 Schedule RC-R Part I - Regulatory Capital Components and Ratios Dollar amounts in thousands (Column A) Percentage (Column B) Percentage 41. Common equity tier 1 capital ratio (Column A: item 19 divided by item 40.a) (Advanced approaches institutions that exit parallel run only: Column B: item 19 divided by item 40.b)...... 42. Tier 1 capital ratio (Column A: item 26 divided by item 40.a) (Advanced approaches institutions that exit parallel run only: Column B: item 26 divided by item 40.b)........................ 43. Total capital ratio (Column A: item 35.a divided by item 40.a) (Advanced approaches institutions that exit parallel run only: Column B: item 35.b divided by item 40.b)..................... RCFAP793 13.79% RCFWP793 NR 41. RCFA7206 15.40% RCFW7206 NR 42. RCFA7205 18.58% RCFW7205 NR 43. Schedule RC-R Part I - Regulatory Capital Components and Ratios Dollar amounts in thousands 11.56% 44. RCFA7204 44. Tier 1 leverage ratio (item 26 divided by item 39)...................................................................................................... 45. Advanced approaches institutions only: Supplementary leverage ratio (from FFIEC 101 Schedule A, item 98) (effective date to be determined) 46. Institution-specific capital buffer necessary to avoid limitations on distributions and discretionary bonus payments (effective January 1, 2016): a. Capital conservation buffer b. (Advanced approaches institutions that exit parallel run only): Total applicable capital buffer 47. Eligible retained income (effective January 1, 2016) 48. Distributions and discretionary bonus payments during the quarter (effective January 1, 2016) 45. 46. 46.a. 46.b. 47. 48.

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 59 Schedule RC-R Part II - Risk-Weighted Assets 1. 2. 2.a. 2.b. 3. 3.a. 3.b. 4. 4.a. 4.b. 4.c. Schedule RC-R Part II - Risk-Weighted Assets 1. Dollar amounts in thousands (Column K)(Column L)(Column M) (Column N)(Column O)(Column P) (Column Q)(Column R)(Column S) Allocation by Allocation by Allocation by Allocation by Allocation by Allocation by Allocation by Application of Application of Risk-WeightRisk-WeightRisk-WeightRisk-WeightRisk-WeightRisk-WeightRisk-Weight Other Other Category 250% Category 300% Category 400% Category 600% Category 625% CategoryCategoryRisk-Weighting Risk-Weighting 937.5%1,250%ApproachesApproaches Exposure Risk-Weighted AmountAsset Amount 1. Cash and balances due from depository institutions Dollar amounts in thousands (Column A)(Column B) (Column C)(Column D)(Column E)(Column F)(Column G)(Column H)(Column I)(Column J) Totals from Adjustments Allocation by Allocation by Allocation by Allocation by Allocation by Allocation by Allocation by Allocation by Schedule RC to TotalsRisk-Weight Risk-Weight Risk-Weight Risk-Weight Risk-Weight Risk-Weight Risk-Weight Risk-Weight Reported in Category 0% Category 2% Category 4% Category 10% Category 20% Category 50%CategoryCategory Column A100%150% 1. Cash and balances due from depository institutions........... RCFDD957RCFDS396RCFDD958 RCFDD959RCFDS397RCFDD960RCFDS398 8,394,68207,033,849 1,298,5885,76431,50524,976 2. Securities: a. Held-to-maturity securities........................................... b. Available-for-sale securities.......................................... RCFDD961RCFDS399RCFDD962 RCFDD963RCFDD964RCFDD965RCFDS400 14,013,04809,296,708 4,711,0195,32000 RCFDD966RCFDS402RCFDD967 RCFDD968RCFDD969RCFDD970RCFDS403 35,437,331029,253,090 5,921,92312,156250,1620 3. Federal funds sold and securities purchased under agreements to resell: a. Federal funds sold in domestic offices......................... b. Securities purchased under agreements to resell........ RCOND971 RCOND972 RCOND973RCONS410RCOND974RCONS411 0 0 0000 RCFDH171RCFDH172 19,846,61219,846,612 4. Loans and leases held for sale: a. Residential mortgage exposures................................. b. High volatility commercial real estate exposures......... c. Exposures past due 90 days or more or on nonaccrual....................................................................... RCFDS413RCFDS414RCFDH173 RCFDS415RCFDS416RCFDS417 6,22200 05,0641,159 RCFDS419RCFDS420RCFDH174 RCFDH175RCFDH176RCFDH177RCFDS421 74,30000 00074,300 RCFDS423RCFDS424RCFDS425 RCFDS426RCFDS427RCFDS428RCFDS429 25,98100 00025,981

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 60 2. 2.a. 2.b. 3. 3.a. 3.b. 4. 4.a. 4.b. 4.c. Dollar amounts in thousands (Column K)(Column L)(Column M) (Column N)(Column O)(Column P) (Column Q)(Column R)(Column S) Allocation by Allocation by Allocation by Allocation by Allocation by Allocation by Allocation by Application of Application of Risk-WeightRisk-WeightRisk-WeightRisk-WeightRisk-WeightRisk-WeightRisk-Weight Other Other Category 250% Category 300% Category 400% Category 600% Category 625% CategoryCategoryRisk-Weighting Risk-Weighting 937.5%1,250%ApproachesApproaches Exposure Risk-Weighted AmountAsset Amount 2. Securities: a. Held-to-maturity securities b. Available-for-sale securities................................................. 3. Federal funds sold and securities purchased under agreements to resell: a. Federal funds sold in domestic offices b. Securities purchased under agreements to resell 4. Loans and leases held for sale: a. Residential mortgage exposures......................................... b. High volatility commercial real estate exposures................. c. Exposures past due 90 days or more or on nonaccrual...... RCFDS405 RCFDS406 RCFDH271RCFDH272 0 0 00 RCFDH273RCFDH274 00 RCFDH275RCFDH276 00 RCFDH277RCFDH278 00

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 61 Schedule RC-R Part II - Risk-Weighted Assets 4. 4.d. 5. 5.a. 5.b. 5.c. 5.d. 6. 7. 8. 8.a. 8.b. Dollar amounts in thousands (Column A)(Column B) (Column C)(Column D)(Column E)(Column F)(Column G)(Column H)(Column I)(Column J) Totals from Adjustments Allocation by Allocation by Allocation by Allocation by Allocation by Allocation by Allocation by Allocation by Schedule RC to TotalsRisk-Weight Risk-Weight Risk-Weight Risk-Weight Risk-Weight Risk-Weight Risk-Weight Risk-Weight Reported in Category 0% Category 2% Category 4% Category 10% Category 20% Category 50%CategoryCategory Column A100%150% 4. Loans and leases held for sale (continued): d. All other exposures...................................................... RCFDS431RCFDS432RCFDS433 RCFDS434RCFDS435RCFDS436RCFDS437 1,940,46600 001,940,41551 5. Loans and leases, net of unearned income: a. Residential mortgage exposures................................. b. High volatility commercial real estate exposures......... c. Exposures past due 90 days or more or on nonaccrual....................................................................... d. All other exposures...................................................... 6. LESS: Allowance for loan and lease losses........................ 7. Trading assets..................................................................... 8. All other assets.................................................................... RCFDS439RCFDS440RCFDH178 RCFDS441RCFDS442RCFDS443 19,354,84600 507,81415,454,7043,392,328 RCFDS445RCFDS446RCFDH179 RCFDH180RCFDH181RCFDH182RCFDS447 690,02000 000690,020 RCFDS449RCFDS450RCFDS451 RCFDS452RCFDS453RCFDS454RCFDS455 256,71900 000256,719 RCFDS457RCFDS458RCFDS459 RCFDS460RCFDS461RCFDS462RCFDS463 57,692,9270506,529 767,642836,30152,717,3472,865,108 RCFD3123RCFD3123 912,403912,403 RCFDD976RCFDS466RCFDD977 RCFDD978RCFDD979RCFDD980RCFDS467 16,750,65313,880,6350 002,870,0180 RCFDD981RCFDS469RCFDD982 RCFDD983RCFDD984RCFDD985RCFDH185 8,795,3722,912,436560,017 375,72840,6614,628,6110 a. Separate account bank-owned life insurance b. Default fund contributions to central counterparties

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 62 Schedule RC-R Part II - Risk-Weighted Assets 4. 4.d. 5. 5.a. 5.b. 5.c. 5.d. 6. 7. 8. 8.a. 8.b. Dollar amounts in thousands (Column K)(Column L)(Column M) (Column N)(Column O)(Column P) (Column Q)(Column R)(Column S) Allocation by Allocation by Allocation by Allocation by Allocation by Allocation by Allocation by Application of Application of Risk-WeightRisk-WeightRisk-WeightRisk-WeightRisk-WeightRisk-WeightRisk-Weight Other Other Category 250% Category 300% Category 400% Category 600% Category 625% CategoryCategoryRisk-Weighting Risk-Weighting 937.5%1,250%ApproachesApproaches Exposure Risk-Weighted AmountAsset Amount 4. Loans and leases held for sale (continued): d. All other exposures.............................................................. 5. Loans and leases, net of unearned income: a. Residential mortgage exposures......................................... b. High volatility commercial real estate exposures................. c. Exposures past due 90 days or more or on nonaccrual...... d. All other exposures.............................................................. 6. LESS: Allowance for loan and lease losses 7. Trading assets............................................................................. 8. All other assets........................................................................... a. Separate account bank-owned life insurance...................... b. Default fund contributions to central counterparties............ RCFDH279RCFDH280 00 RCFDH281RCFDH282 00 RCFDH283RCFDH284 00 RCFDH285RCFDH286 00 RCFDH287RCFDH288 00 RCFDH186RCFDH290RCFDH187 RCFDH291RCFDH292 000 00 RCFDH188RCFDS470RCFDS471 RCFDH294RCFDH295 000 00 RCFDH296RCFDH297 220,202220,202 RCFDH298RCFDH299 57,71617,800

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 63 Schedule RC-R Part II - Risk-Weighted Assets 9. RCFDS475 RCFDS476 RCFDS477 RCFDS478 RCFDS479 6,987 6,987 0 5,465 0 9.a. a. Held-to-maturity securities......................................................... RCFDS480 RCFDS481 RCFDS482 RCFDS483 RCFDS484 84,614 84,315 299 128,897 0 9.b. b. Available-for-sale securities........................................................ RCFDS485 RCFDS486 RCFDS487 RCFDS488 RCFDS489 423,915 418,085 5,830 489,784 0 9.c. c. Trading assets............................................................................. RCFDS490 RCFDS491 RCFDS492 RCFDS493 RCFDS494 255,923 255,923 0 64,997 0 9.d. d. All other on-balance sheet securitization exposures.................. RCFDS495 RCFDS496 RCFDS497 RCFDS498 RCFDS499 4,034,305 3,959,576 74,730 1,168,008 0 10. 10. Off-balance sheet securitization exposures..................................... Dollar amounts in thousands (Column A)(Column B)(Column Q)(Column T) Total (Column U) Total TotalsAdjustments toExposureRisk-Weighted Risk-Weighted Totals Reported Amount 1,250% Asset Amount Asset Amount in Column Aby Calculation by Calculation MethodologyMethodology SSFAGross-Up 9. On-balance sheet securitization exposures:

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 64 Schedule RC-R Part II - Risk-Weighted Assets 11. Schedule RC-R Part II - Risk-Weighted Assets 11. Schedule RC-R Part II - Risk-Weighted Assets 12. 13. 14. 15. Schedule RC-R Part II - Risk-Weighted Assets Dollar amounts in thousands (Column A)(Column B) (Column C)(Column D)(Column E)(Column F)(Column G)(Column H)(Column I)(Column J) Face,CreditAllocation by Allocation by Allocation by Allocation by Allocation by Allocation by Allocation by Allocation by Notional, orEquivalentRisk-Weight Risk-Weight Risk-Weight Risk-Weight Risk-Weight Risk-Weight Risk-Weight Risk-Weight Other AmountAmountCategory 0% Category 2% Category 4% Category 10% Category 20% Category 50%CategoryCategory 100%150% 12. Financial standby letters of credit...................................... 13. Performance standby letters of credit and transaction-related contingent items....................................... 14. Commercial and similar letters of credit with an original maturity of one year or less..................................................... 15. Retained recourse on small business obligations sold with recourse.................................................................................. RCFDD991RCFDD992RCFDD993 RCFDD994RCFDD995RCFDD996RCFDS511 6,341,7306,341,730477,530 576,7527,7765,103,421176,252 RCFDD997RCFDD998RCFDD999 RCFDG603RCFDG604RCFDG605RCFDS512 3,095,5421,547,771397,540 98,5264,6971,035,49111,516 RCFDG606RCFDG607RCFDG608 RCFDG609RCFDG610RCFDG611RCFDS513 268,50553,7010 5,9734,40742,746576 RCFDG612RCFDG613RCFDG614 RCFDG615RCFDG616RCFDG617RCFDS514 000 0000 Dollar amounts in thousands (Column K) (Column L)(Column M)(Column N) (Column O) (Column P)(Column Q)(Column R) Allocation byAllocation byAllocation byAllocation byAllocation byAllocation byAllocation byApplication of Risk-WeightRisk-WeightRisk-WeightRisk-WeightRisk-WeightRisk-WeightRisk-Weight Other Category 250% Category 300% Category 400% Category 600% Category 625% Category 937.5% Category 1,250% Risk-Weighting Approaches Exposure Amount 11. Total balance sheet assets................................................................ RCFDS505RCFDS506RCFDS507 RCFDS510RCFDH300 000 6,129277,918 Dollar amounts in thousands (Column A)(Column B) (Column C)(Column D)(Column E)(Column F)(Column G)(Column H)(Column I)(Column J) Totals From Adjustments Allocation by Allocation by Allocation by Allocation by Allocation by Allocation by Allocation by Allocation by Schedule RCto TotalsRisk-Weight Risk-Weight Risk-Weight Risk-Weight Risk-Weight Risk-Weight Risk-Weight Risk-Weight Reported in Category 0% Category 2% Category 4% Category 10% Category 20% Category 50%CategoryCategory Column A100%150% 11. Total balance sheet assets................................................ RCFD2170RCFDS500RCFDD987 RCFDD988RCFDD989RCFDD990RCFDS503 183,138,21536,492,59046,650,193 13,582,71416,359,97065,831,5453,937,155

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 65 16. 17. 18. 18.a. 18.b. 18.c. 19. 20. 21. 22. Dollar amounts in thousands (Column A)(Column B) (Column C)(Column D)(Column E)(Column F)(Column G)(Column H)(Column I)(Column J) Face,CreditAllocation by Allocation by Allocation by Allocation by Allocation by Allocation by Allocation by Allocation by Notional, orEquivalentRisk-Weight Risk-Weight Risk-Weight Risk-Weight Risk-Weight Risk-Weight Risk-Weight Risk-Weight Other AmountAmountCategory 0% Category 2% Category 4% Category 10% Category 20% Category 50%CategoryCategory 100%150% 16. Repo-style transactions..................................................... 17. All other off-balance sheet liabilities.................................. RCFDS515RCFDS516RCFDS517RCFDS518RCFDS519 RCFDS520RCFDS521RCFDS522RCFDS523 1,839,4211,839,42101,491,5050 10,1940337,7220 RCFDG618RCFDG619RCFDG620 RCFDG621RCFDG622RCFDG623RCFDS524 498498165 003330 18. Unused commitments: a. Original maturity of one year or less, excluding asset-backed commercial paper (ABCP) conduits.......... RCFDS525RCFDS526RCFDS527 RCFDS528RCFDS529RCFDS530RCFDS531 14,650,5902,930,1180 80,0004,6102,798,77546,734 b. Original maturity of one year or less to ABCP conduits c. Original maturity exceeding one year........................... 19. Unconditionally cancelable commitments......................... RCFDG624RCFDG625RCFDG626 RCFDG627RCFDG628RCFDG629RCFDS539 65,621,84432,810,922685 84,50035032,563,087162,300 RCFDS540RCFDS541 8,289,9140 20. Over-the-counter derivatives............................................. 21. Centrally cleared derivatives............................................. RCFDS542RCFDS543 RCFDS544RCFDS545RCFDS546RCFDS547RCFDS548 21,428,213219,182 012,762,60315,0028,366,61664,809 RCFDS549RCFDS550RCFDS551RCFDS552 RCFDS554RCFDS555RCFDS556RCFDS557 6,066,03306,066,0330 0000 22. Unsettled transactions (failed trades)................................ RCFDH191 RCFDH193 RCFDH194RCFDH195RCFDH196RCFDH197 41,802 41,480 00800

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 66 Schedule RC-R Part II - Risk-Weighted Assets 16. 17. 18. 18.a. 18.b. 18.c. 19. 20. 21. 22. Dollar amounts in thousands (Column O)(Column P)(Column Q) (Column R)(Column S) Allocation byAllocation byAllocation byApplication ofApplication of Risk-WeightRisk-WeightRisk-WeightOtherOther Category 625% Category 937.5% Category 1,250% Risk-Weighting Risk-Weighting ApproachesApproaches CreditRisk-Weighted EquivalentAsset Amount Amount 16. Repo-style transactions................................................................... 17. All other off-balance sheet liabilities 18. Unused commitments: a. Original maturity of one year or less, excluding asset-backed commercial paper (ABCP) conduits............................................... b. Original maturity of one year or less to ABCP conduits c. Original maturity exceeding one year......................................... 19. Unconditionally cancelable commitments 20. Over-the-counter derivatives.................................................... 21. Centrally cleared derivatives RCFDH301RCFDH302 00 RCFDH303RCFDH304 00 RCFDH307RCFDH308 00 RCFDH309RCFDH310 00 22. Unsettled transactions (failed trades)....................................... RCFDH198RCFDH199RCFDH200 3318128

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 67 Schedule RC-R Part II - Risk-Weighted Assets 23. Total assets, derivatives, off-balance sheet items, and other items subject to risk weighting by risk-weight category (for each of columns C through P, sum of items 11 through 22; for column Q, sum of items 10 through 22).............................................................................................. RCFDG630 RCFDS558 RCFDS559 RCFDS560 RCFDG631 RCFDG632 RCFDG633 RCFDS561 47,786,775 7,557,538 0 0 27,201,262 16,396,812 116,079,816 4,399,342 23. 24. Risk weight factor 24. RCFDG634 RCFDS569 RCFDS570 RCFDS571 RCFDG635 RCFDG636 RCFDG637 RCFDS572 25. Risk-weighted assets by risk-weight category (for each column, item 23 multiplied by item 24)......................................................................... 0 151,151 0 0 5,440,252 8,198,406 116,079,816 6,599,013 25. Schedule RC-R Part II - Risk-Weighted Assets 23. 24. 25. Dollar amounts in thousands (Column K)(Column L)(Column M)(Column N)(Column O)(Column P)(Column Q) Allocation by Allocation byAllocation by Allocation by Allocation by Allocation byAllocation by Risk-Weight Risk-WeightRisk-Weight Risk-Weight Risk-Weight Risk-WeightRisk-Weight Category 250% Category 300%Category 400% Category 600% Category 625% Category 937.5% Category 1,250% 23. Total assets, derivatives, off-balance sheet items, and other items subject to risk weighting by risk-weight category (for each of columns C through P, sum of items 11 through 22; for column Q, sum of items 10 through 22)......... 24. Risk weight factor 25. Risk-weighted assets by risk-weight category (for each column, item 23 multiplied by item 24)........................................................................................ RCFDS563RCFDS564RCFDS565RCFDS566RCFDS567RCFDS568 0003318180,887 RCFDS574RCFDS575RCFDS576RCFDS577RCFDS578RCFDS579 0002061,6971,011,088 Dollar amounts in thousands (Column C) (Column D) (Column E)(Column F) (Column G) (Column H) (Column I)(Column J) Allocation byAllocation byAllocation by Allocation by Allocation by Allocation byAllocation byAllocation by Risk-WeightRisk-WeightRisk-Weight Risk-Weight Risk-Weight Risk-WeightRisk-WeightRisk-Weight Category 0%Category 2%Category 4%Category 10%Category 20%Category 50% Category 100% Category 150%

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 68 Schedule RC-R Part II - Risk-Weighted Assets Dollar amounts in thousands 26. Risk-weighted assets base for purposes of calculating the allowance for loan and lease losses 1.25 percent threshold.......................................................................................................................................................................... 27. Standardized market-risk weighted assets (applicable only to banks that are covered by the market risk capital rule)................................................................................................................................................................................. 28. Risk-weighted assets before deductions for excess allowance of loan and lease losses and allocated risk transfer risk reserve...................................................................................................................................................................... 29. LESS: Excess allowance for loan and lease losses.................................................................................................. 30. LESS: Allocated transfer risk reserve........................................................................................................................ 31. Total risk-weighted assets (item 28 minus items 29 and 30)..................................................................................... RCFDS580 139,763,708 26. RCFDS581 3,966,084 27. RCFDB704 143,542,866 28. RCFDA222 0 29. RCFD3128 0 30. RCFDG641 143,542,866 31. Memoranda 1. Current credit exposure across all derivative contracts covered by the regulatory capital rules................................. RCFDG642 10,618,761 M.1. Schedule RC-R Part II - Risk-Weighted Assets Memoranda M.2. 309,382,494 493,796,328 260,826,847 M.2.a. RCFDS582 RCFDS583 RCFDS584 a. Interest rate........................................................................................... b. Foreign exchange rate and gold............................................................ c. Credit (investment grade reference asset)............................................. d. Credit (non-investment grade reference asset)..................................... e. Equity..................................................................................................... f. Precious metals (except gold)................................................................ g. Other..................................................................................................... 3. Notional principal amounts of centrally cleared derivative contracts: a. Interest rate........................................................................................... b. Foreign exchange rate and gold............................................................ c. Credit (investment grade reference asset)............................................. d. Credit (non-investment grade reference asset)..................................... e. Equity..................................................................................................... f. Precious metals (except gold)................................................................ g. Other..................................................................................................... 892,961,952 132,302,291 49,765,326 M.2.b. RCFDS585 RCFDS586 RCFDS587 9,264,340 25,205,528 1,017,340 M.2.c. RCFDS588 RCFDS589 RCFDS590 12,892,595 27,115,723 1,013,976 M.2.d. RCFDS591 RCFDS592 RCFDS593 21,750,202 14,346,886 3,835,839 M.2.e. RCFDS594 RCFDS595 RCFDS596 5,402,617 598,042 0 M.2.f. RCFDS597 RCFDS598 RCFDS599 190,778 139,310 0 M.2.g. RCFDS600 RCFDS601 RCFDS602 M.3. 403,979,119 669,934,441 469,563,430 M.3.a. RCFDS603 RCFDS604 RCFDS605 0 0 0 M.3.b. RCFDS606 RCFDS607 RCFDS608 964,391 4,179,125 121,504 M.3.c. RCFDS609 RCFDS610 RCFDS611 1,136,728 7,444,514 364,770 M.3.d. RCFDS612 RCFDS613 RCFDS614 0 0 0 M.3.e. RCFDS615 RCFDS616 RCFDS617 0 0 0 M.3.f. RCFDS618 RCFDS619 RCFDS620 0 0 0 M.3.g. RCFDS621 RCFDS622 RCFDS623 Dollar amounts in thousands (Column A) With a(Column B) With a(Column C) With a remaining maturity of One remaining maturity of Over remaining maturity of Over year or lessone year through fivefive years years 2. Notional principal amounts of over-the-counter derivative contracts:

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 69 Schedule RC-S - Servicing Securitization and Asset Sale Activities 1. Outstanding principal balance of assets sold and securitized by the reporting bank with servicing retained or with recourse or other seller-provided credit enhancements................................................................................................... 2. Maximum amount of credit exposure arising from recourse or other seller-provided credit enhancements provided to structures reported in item 1 in the form of: RCFDB705 RCFDB706 RCFDB707 RCFDB708 RCFDB709 RCFDB710 RCFDB711 1,150,751 0 0 0 0 0 0 1. 2. RCFDB712 RCFDB713 RCFDB714 RCFDB715 RCFDB716 RCFDB717 RCFDB718 a. Credit-enhancing interest-only strips (included in Schedules RC-B or RC-F or in Schedule RC, item 5)............................................................... 0 0 0 0 0 0 0 2.a. RCFDC393 RCFDC394 RCFDC395 RCFDC396 RCFDC397 RCFDC398 RCFDC399 0 0 0 0 0 0 0 2.b. b. Subordinated securities and other residual interests............................. RCFDC400 RCFDC401 RCFDC402 RCFDC403 RCFDC404 RCFDC405 RCFDC406 0 0 0 0 0 0 0 2.c. c. Standby letters of credit and other enhancements................................. RCFDB726 RCFDB727 RCFDB728 RCFDB729 RCFDB730 RCFDB731 RCFDB732 3. Reporting bank's unused commitments to provide liquidity to structures reported in item 1.............................................................................................. 0 0 0 0 0 0 0 3. 4. 4. Past due loan amounts included in item 1: RCFDB733 RCFDB734 RCFDB735 RCFDB736 RCFDB737 RCFDB738 RCFDB739 61,362 0 0 0 0 0 0 4.a. a. 30-89 days past due............................................................................... RCFDB740 RCFDB741 RCFDB742 RCFDB743 RCFDB744 RCFDB745 RCFDB746 4,196 0 0 0 0 0 0 4.b. b. 90 days or more past due...................................................................... 5. Charge-offs and recoveries on assets sold and securitized with servicing retained or with recourse or other seller-provided credit enhancements (calendar year-to-date): 5. RIADB747 RIADB748 RIADB749 RIADB750 RIADB751 RIADB752 RIADB753 0 0 0 0 0 0 0 5.a. a. Charge-offs............................................................................................ RIADB754 RIADB755 RIADB756 RIADB757 RIADB758 RIADB759 RIADB760 0 0 0 0 0 0 0 5.b. b. Recoveries............................................................................................. 6. 6. Amount of ownership (or seller's) interests carried as: 6.a. a. Securities (included in Schedule RC-B or in Schedule RC, item 5)....... 6.b. b. Loans (included in Schedule RC-C)....................................................... 7. 7. Past due loan amounts included in interests reported in item 6.a: RCFDB761RCFDB762 RCFDB763 00 0 RCFDB500RCFDB501 RCFDB502 00 0 Dollar amounts in thousands (Column A) 1-4 (Column B) Home (Column C) Credit (Column D) Auto (Column E) Other(Column F)(Column G) All Family ResidentialEquity LinesCard ReceivablesLoansConsumer Loans Commercial and Other Loans, All LoansIndustrial LoansLeases, and All Other Assets

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 70 7.a. 7.b. 8. 8.a. 8.b. RCFDB776 RCFDB777 RCFDB778 RCFDB779 RCFDB780 RCFDB781 RCFDB782 9. Maximum amount of credit exposure arising from credit enhancements provided by the reporting bank to other institutions' securitization structures in the form of standby letters of credit, purchased subordinated securities, and other enhancements......................................................................................... 9. RCFDB783 RCFDB784 RCFDB785 RCFDB786 RCFDB787 RCFDB788 RCFDB789 10. Reporting bank's unused commitments to provide liquidity to other institutions' securitization structures.................................................................. 0 0 0 0 0 0 0 10. RCFDB790 RCFDB791 RCFDB792 RCFDB793 RCFDB794 RCFDB795 RCFDB796 11. Assets sold with recourse or other seller-provided credit enhancements and not securitized by the reporting bank......................................................... 0 0 0 0 0 0 0 11. RCFDB797 RCFDB798 RCFDB799 RCFDB800 RCFDB801 RCFDB802 RCFDB803 12. Maximum amount of credit exposure arising from recourse or other seller-provided credit enhancements provided to assets reported in item 11.... 0 0 0 0 0 0 0 12. 0000000 Dollar amounts in thousands (Column A) 1-4 (Column B) Home (Column C) Credit (Column D) Auto (Column E) Other(Column F)(Column G) All Family ResidentialEquity LinesCard ReceivablesLoansConsumer Loans Commercial and Other Loans, All LoansIndustrial LoansLeases, and All Other Assets a. 30-89 days past due .............................................................................. b. 90 days or more past due ..................................................................... 8. Charge-offs and recoveries on loan amounts included in interests reported in item 6.a (calendar year-to-date): a. Charge-offs............................................................................................ b. Recoveries............................................................................................. RCFDB764RCFDB765 RCFDB766 00 0 RCFDB767RCFDB768 RCFDB769 00 0 RIADB770RIADB771 RIADB772 00 0 RIADB773RIADB774 RIADB775 00 0

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 71 Schedule RC-S - Servicing Securitization and Asset Sale Activities Memoranda Dollar amounts in thousands M.1. RCFDA249 0 M.1.a. a. Outstanding principal balance.............................................................................................................................. b. Amount of retained recourse on these obligations as of the report date.............................................................. 2. Outstanding principal balance of assets serviced for others (includes participations serviced for others): a. Closed-end 1-4 family residential mortgages serviced with recourse or other servicer-provided credit enhancements.......................................................................................................................................................... b. Closed-end 1-4 family residential mortgages serviced with no recourse or other servicer-provided credit enhancements.......................................................................................................................................................... c. Other financial assets (includes home equity lines)............................................................................................. d. 1-4 family residential mortgages serviced for others that are in process of foreclosure at quarter-end (includes closed-end and open-end loans).............................................................................................................................. 3. Asset-backed commercial paper conduits: a. Maximum amount of credit exposure arising from credit enhancements provided to conduit structures in the form of standby letters of credit, subordinated securities, and other enhancements: 1. Conduits sponsored by the bank, a bank affiliate, or the bank's holding company....................................... 2. Conduits sponsored by other unrelated institutions...................................................................................... b. Unused commitments to provide liquidity to conduit structures: 1. Conduits sponsored by the bank, a bank affiliate, or the bank's holding company....................................... 2. Conduits sponsored by other unrelated institutions...................................................................................... 4. Outstanding credit card fees and finance charges included in Schedule RC-S, item 1, column C............................. RCFDA250 0 M.1.b. M.2. RCFDB804 0 M.2.a. RCFDB805 18,929,701 M.2.b. RCFDA591 3,976,404 M.2.c. RCFDF699 591,546 M.2.d. M.3. M.3.a. RCFDB806 0 M.3.a.1. RCFDB807 0 M.3.a.2. M.3.b. RCFDB808 3,249,265 M.3.b.1. RCFDB809 0 M.3.b.2. RCFDC407 0 M.4. Schedule RC-T - Fiduciary and Related Services Dollar amounts in thousands Yes 1. RCFDA345 1. Does the institution have fiduciary powers? (If "NO," do not complete Schedule RC-T.)............................................ 2. Does the institution exercise the fiduciary powers it has been granted?..................................................................... 3. Does the institution have any fiduciary or related activity (in the form of assets or accounts) to report in this schedule? (If "NO," do not complete the rest of Schedule RC-T.).................................................................................................... RCFDA346 Yes 2. RCFDB867 Yes 3. Schedule RC-T - Fiduciary and Related Services 4. Personal trust and agency accounts........................................... RCFDB868 1,560,159 RCFDB869 360,631 RCFDB870 595 RCFDB871 129 4. 5. Employee benefit and retirement-related trust and agency accounts: 5. 0 RCFDB873 0 RCFDB874 0 RCFDB875 0 5.a. a. Employee benefit - defined contribution.............................. RCFDB872 0 RCFDB877 0 RCFDB878 0 RCFDB879 0 5.b. b. Employee benefit - defined benefit...................................... RCFDB876 67,639 RCFDB881 138,364 RCFDB882 114 RCFDB883 59 5.c. c. Other employee benefit and retirement-related accounts..... RCFDB880 0 RCFDB885 15,120,012 RCFDC001 0 RCFDC002 493 6. 6. Corporate trust and agency accounts......................................... RCFDB884 7. Investment management and investment advisory agency accounts......................................................................................... 5,544,854 RCFDJ253 0 RCFDB888 1931 RCFDJ254 0 7. RCFDB886 391,401 RCFDJ256 0 RCFDJ257 42 RCFDJ258 0 8. 8. Foundation and endowment trust and agency accounts............ RCFDJ255 0 RCFDB891 0 RCFDB892 0 RCFDB893 0 9. 9. Other fiduciary accounts............................................................. RCFDB890 7,564,053 RCFDB895 15,619,007 RCFDB896 2682 RCFDB897 681 10. 10. Total fiduciary accounts (sum of items 4 through 9).................. RCFDB894 11. 11. Custody and safekeeping accounts.......................................... 12. Fiduciary accounts held in foreign offices (included in items 10 RCFNB900 and 11)............................................................................................ 0 RCFNB901 0 RCFNB902 0 RCFNB903 0 12. RCFDB898 21,649,342 RCFDB8993825 Dollar amounts in thousands (Column A) Managed(Column B)(Column C) Number of (Column D) Number of AssetsNon-Managed Assets Managed AccountsNon-Managed Accounts 1. Small business obligations transferred with recourse under Section 208 of the Riegle Community Development and Regulatory Improvement Act of 1994:

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 72 13. Individual Retirement Accounts, Health Savings Accounts, and RCFDJ259 other similar accounts (included in items 5.c and 11)..................... 67,639 RCFDJ260 138,364 RCFDJ261 114 RCFDJ262 59 13. Schedule RC-T - Fiduciary and Related Services Dollar amounts in thousands RIADB904 13,944 14. 14. Personal trust and agency accounts.......................................................................................................................... 15. Employee benefit and retirement-related trust and agency accounts: a. Employee benefit - defined contribution............................................................................................................... b. Employee benefit - defined benefit....................................................................................................................... c. Other employee benefit and retirement-related accounts..................................................................................... 16. Corporate trust and agency accounts....................................................................................................................... 17. Investment management and investment advisory agency accounts....................................................................... 18. Foundation and endowment trust and agency accounts........................................................................................... 19. Other fiduciary accounts............................................................................................................................................ 20. Custody and safekeeping accounts........................................................................................................................... 21. Other fiduciary and related services income............................................................................................................. 22. Total gross fiduciary and related services income (sum of items 14 through 21) (must equal Schedule RI, item 5.a).................................................................................................................................................................................. a. Fiduciary and related services income - foreign offices (included in item 22)...................................................... 23. Less: Expenses......................................................................................................................................................... 24. Less: Net losses from fiduciary and related services................................................................................................ 25. Plus: Intracompany income credits for fiduciary and related services....................................................................... 26. Net fiduciary and related services income................................................................................................................. 15. 0 15.a. RIADB905 0 15.b. RIADB906 0 15.c. RIADB907 12,428 16. RIADA479 43,894 17. RIADJ315 0 18. RIADJ316 0 19. RIADA480 13,186 20. RIADB909 0 21. RIADB910 83,452 22. RIAD4070 0 22.a. RIADB912 53,728 23. RIADC058 0 24. RIADA488 0 25. RIADB911 29,724 26. RIADA491 Schedule RC-T - Fiduciary and Related Services Memoranda M.1. RCFDJ263 2,709 RCFDJ264 0 RCFDJ265 3 M.1.a. a. Noninterest-bearing deposits................................................................ b. Interest-bearing deposits....................................................................... c. U.S. Treasury and U.S. Government agency obligations....................... d. State, county, and municipal obligations................................................ e. Money market mutual funds.................................................................. f. Equity mutual funds................................................................................ g. Other mutual funds................................................................................ h. Common trust funds and collective investment funds........................... i. Other short-term obligations................................................................... j. Other notes and bonds........................................................................... k. Investments in unregistered funds and private equity investments....... l. Other common and preferred stocks...................................................... m. Real estate mortgages......................................................................... n. Real estate............................................................................................ o. Miscellaneous assets............................................................................ p. Total managed assets held in fiduciary accounts (for each column, sum of Memorandum items 1.a through 1.o).................................................... RCFDJ266 7,284 RCFDJ267 0 RCFDJ268 0 M.1.b. RCFDJ269 281,877 RCFDJ270 3,835 RCFDJ271 24,821 M.1.c. RCFDJ272 667,065 RCFDJ273 100 RCFDJ274 5,400 M.1.d. RCFDJ275 292,165 RCFDJ276 2,506 RCFDJ277 5,127 M.1.e. RCFDJ278 440,466 RCFDJ279 9,569 RCFDJ280 112,548 M.1.f. RCFDJ281 176,341 RCFDJ282 6,357 RCFDJ283 6,952 M.1.g. RCFDJ284 89,252 RCFDJ285 0 RCFDJ286 42,500 M.1.h. RCFDJ287 250 RCFDJ288 0 RCFDJ289 0 M.1.i. RCFDJ290 806,569 RCFDJ291 8,857 RCFDJ292 28,152 M.1.j. RCFDJ293 1,448,433 RCFDJ294 0 RCFDJ295 0 M.1.k. RCFDJ296 2,551,191 RCFDJ297 36,415 RCFDJ298 165,898 M.1.l. RCFDJ299 0 RCFDJ300 0 RCFDJ301 0 M.1.m. RCFDJ302 14,960 RCFDJ303 0 RCFDJ304 0 M.1.n. RCFDJ305 326,451 RCFDJ306 0 RCFDJ307 0 M.1.o. RCFDJ308 7,105,013 RCFDJ309 67,639 RCFDJ310 391,401 M.1.p. Dollar amounts in thousands (Column A) Personal Trust (Column B) Employee(Column C) All Other and Agency andBenefit andAccounts Investment Management Retirement-Related Trust Agency Accountsand Agency Accounts 1. Managed assets held in fiduciary accounts: Dollar amounts in thousands (Column A) Managed(Column B)(Column C) Number of (Column D) Number of AssetsNon-Managed Assets Managed AccountsNon-Managed Accounts

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 73 Schedule RC-T - Fiduciary and Related Services Memoranda (Column A) Managed Assets (Column B) Number of Managed Accounts Dollar amounts in thousands RCFDJ311 32,031 RCFDJ312 105 M.1.q. q. Investments of managed fiduciary accounts in advised or sponsored mutual funds............. Schedule RC-T - Fiduciary and Related Services Memoranda (Column A) Number of Issues (Column B) Principal Amount Outstanding Dollar amounts in thousands M.2. 721 168,717,492 M.2.a. RCFDB927 RCFDB928 a. Corporate and municipal trusteeships............................................................................ 1. Issues reported in Memorandum item 2.a that are in default.................................. b. Transfer agent, registrar, paying agent, and other corporate agency............................. 33 2,674,511 M.2.a.1. RCFDJ313 RCFDJ314 M.2.b. Schedule RC-T - Fiduciary and Related Services Memoranda (Column A) Number of Funds (Column B) Market Value of Fund Assets Dollar amounts in thousands M.3. 0 0 M.3.a. a. Domestic equity.............................................................................................................. b. International/Global equity.............................................................................................. c. Stock/Bond blend............................................................................................................ d. Taxable bond.................................................................................................................. e. Municipal bond............................................................................................................... f. Short term investments/Money market............................................................................ g. Specialty/Other............................................................................................................... h. Total collective investment funds (sum of Memorandum items 3.a through 3.g)............ RCFDB931 RCFDB932 0 0 M.3.b. RCFDB933 RCFDB934 0 0 M.3.c. RCFDB935 RCFDB936 1 65,358 M.3.d. RCFDB937 RCFDB938 2 66,395 M.3.e. RCFDB939 RCFDB940 0 0 M.3.f. RCFDB941 RCFDB942 0 0 M.3.g. RCFDB943 RCFDB944 3 131,753 M.3.h. RCFDB945 RCFDB946 Schedule RC-T - Fiduciary and Related Services Memoranda (Column A) Gross Losses (Column B) Gross Losses (Column C) Recoveries Dollar amounts in thousandsManaged Accounts Non-Managed Accounts M.4. RIADB947 0 RIADB948 0 RIADB949 0 M.4.a. a. Personal trust and agency accounts..................................................... b. Employee benefit and retirement-related trust and agency accounts..... c. Investment management agency accounts........................................... d. Other fiduciary accounts and related services...................................... e. Total fiduciary settlements, surcharges, and other losses (sum of Memorandum items 4.a through 4.d) (sum of columns A and B minus column C must equal Schedule RC-T, item 24)........................................ RIADB950 0 RIADB951 0 RIADB952 0 M.4.b. RIADB953 0 RIADB954 0 RIADB955 0 M.4.c. RIADB956 0 RIADB957 0 RIADB958 0 M.4.d. M.4.e. RIADB9590 RIADB9600 RIADB9610 4. Fiduciary settlements, surcharges, and other losses: 3. Collective investment funds and common trust funds: RCFDB929413 2. Corporate trust and agency accounts:

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 74 Schedule RC-V - Variable Interest Entities (Column A) Securitization Vehicles (Column B) ABCP Conduits (Column C) Other VIEs Dollar amounts in thousands 1. 0 0 0 1.a. RCFDJ981 RCFDJ982 RCFDJ983 a. Cash and balances due from depository institutions............................. b. Held-to-maturity securities..................................................................... c. Available-for-sale securities................................................................... d. Securities purchased under agreements to resell................................. e. Loans and leases held for sale.............................................................. f. Loans and leases, net of unearned income............................................ g. Less: Allowance for loan and lease losses............................................ h. Trading assets (other than derivatives).................................................. i. Derivative trading assets........................................................................ j. Other real estate owned......................................................................... k. Other assets.......................................................................................... 2. Liabilities of consolidated VIEs for which creditors do not have recourse to the general credit of the reporting bank: a. Securities sold under agreements to repurchase.................................. b. Derivative trading liabilities.................................................................... c. Commercial paper................................................................................. d. Other borrowed money (exclude commercial paper)............................. e. Other liabilities....................................................................................... 3. All other assets of consolidated VIEs (not included in items 1.a. through 1.k above)............................................................................................................... 4. All other liabilities of consolidated VIEs (not included in items 2.a through 2.e above)......................................................................................................... 0 0 0 1.b. RCFDJ984 RCFDJ985 RCFDJ986 0 0 0 1.c. RCFDJ987 RCFDJ988 RCFDJ989 0 0 0 1.d. RCFDJ990 RCFDJ991 RCFDJ992 0 0 0 1.e. RCFDJ993 RCFDJ994 RCFDJ995 0 0 0 1.f. RCFDJ996 RCFDJ997 RCFDJ998 0 0 0 1.g. RCFDJ999 RCFDK001 RCFDK002 0 0 0 1.h. RCFDK003 RCFDK004 RCFDK005 0 0 0 1.i. RCFDK006 RCFDK007 RCFDK008 0 0 0 1.j. RCFDK009 RCFDK010 RCFDK011 0 0 320,450 1.k. RCFDK012 RCFDK013 RCFDK014 2. 0 0 0 2.a. RCFDK015 RCFDK016 RCFDK017 0 0 0 2.b. RCFDK018 RCFDK019 RCFDK020 0 0 0 2.c. RCFDK021 RCFDK022 RCFDK023 0 0 0 2.d. RCFDK024 RCFDK025 RCFDK026 0 0 160,149 2.e. RCFDK027 RCFDK028 RCFDK029 0 0 0 3. RCFDK030 RCFDK031 RCFDK032 RCFDK033 0 RCFDK034 0 RCFDK035 0 4. 1. Assets of consolidated variable interest entities (VIEs) that can be used only to settle obligations of the consolidated VIEs:

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 75 General Instructions Dollar amounts in thousands 1. 1.a. 1.b. 1.c. 1.d. 2. 3. 4. 4.a. 4.b. 5. 5.a. 5.b. 6. 7. 7.a. 8. 9. 10. 11. 12. 13. 14. 14.a. 14.b. 14.c. 14.d. 15. 1. Who Must Report on What Forms a. Close of Business b. Frequency of Reporting c. Differences in Detail of Reports d. Shifts in Reporting Status 2. Organization of the Instruction Books 3. Preparation of the Reports 4. Signatures a. Officer Declaration b. Director Attestation 5. Submission of the Reports a. Submission Date b. Amended Reports 6. Retention of Reports 7. Scope of the "Consolidated Bank" Required to be Reported in the Submitted Reports a. Exclusions from the Coverage of the Consolidated Report 8. Rules of Consolidation 9. Reporting by Type of Office (For banks with foreign offices) 10. Publication Requirements for the Report of Condition 11. Release of Individual Bank Reports 12. Applicability of Generally Accepted Accounting Principles to Regulatory Reporting Requirements 13. Accrual Basis Reporting 14. Miscellaneous General Instructions a. Rounding b. Negative Entries c. Verification d. Transactions Occurring Near the End of a Reporting Period 15. Separate Branch Reports

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 76 Glossary Dollar amounts in thousands 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 14.a. 15. 16. 17. 18. 19. 20. 21. 22. 22.a. 23. 24. 25. 26. 27. 28. 29. 30. 31. 32. 33. 34. 35. 36. 37. 38. 39. 40. 40.a. 41. 41.a. 42. 43. 44. 45. 1. Glossary 2. Acceptances 3. Accounting Changes 4. Accounting Errors, Corrections of 5. Accounting Estimates, Changes in 6. Accounting Principles, Changes in 7. Accrued Interest Receivable Related to Credit Card Securitizations 8. Acquisition, Development, or Construction (ADC) Arrangements 9. Agreement Corporation 10. Allowance for Loan and Lease Losses 11. Applicable Income Taxes 12. Associated Company 13. ATS Account 14. Bankers Acceptances a. Bank-Owned Life Insurance 15. Banks, U.S. and Foreign 16. Banks in Foreign Countries 17. Bill-of-Lading Draft 18. Borrowings and Deposits in Foreign Offices 19. Brokered Deposits 20. Broker's Security Draft 21. Business Combinations 22. Call Option a. Capital Contributions of Cash and Notes Receivable 23. Capitalization of Interest Costs 24. Carrybacks and Carryforwards 25. Cash Management Arrangements 26. Certificate of Deposit 27. Changes in Accounting Estimates 28. Changes in Accounting Principles 29. Clearing Accounts 30. Commercial Banks in the U.S. 31. Commercial Letter of Credit 32. Commercial Paper 33. Commodity or Bill-of-Lading Draft 34. Common Stock of Unconsolidated Subsidaries, Investments in 35. Continuing Contract 36. Corporate Joint Venture 37. Corrections of Accounting Errors 38. Coupon Stripping, Treasury Receipts, and STRIPS 39. Custody Account 40. Dealer Reserve Account a. Deferred Compensation Agreements 41. Deferred Income Taxes a. Defined Benefit Postretirement Plans 42. Demand Deposits 43. Depository Institutions in the U.S. 44. Deposits 45. Derivative Contracts

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 77 Dollar amounts in thousands 45.a. 46. 47. 48. 49. 50. 50.a. 51. 51.a. 52. 53. 54. 54.a. 55. 56. 57. 58. 59. 60. 61. 62. 63. 64. 65. 66. 67. 68. 69. 70. 71. 72. 73. 74. 75. 76. 77. 78. 79. 80. 81. 82. 83. 84. 85. 86. 87. 88. 89. 91. 92. 93. a. Discounts 46. Dividends 47. Domestic Office 48. Domicile 49. Due Bills 50. Edge and Agreement Corporation a. Equity-Indexed Certificates of Deposit 51. Equity Method of Accounting a. Excess Balance Account 52. Extinguishments of Liabilities 53. Extraordinary Items 54. Fails a. Fair Value 55. Federal Funds Transactions 56. Federally-Sponsored Lending Agency 57. Fees, Loan 58. Foreclosed Assets 59. Foreign Banks 60. Foreign Currency Transactions and Translation 61. Foreign Debt Exchange Transactions 62. Foreign Governments and Official Institutions 63. Foreign Office 64. Forward Contracts 65. Functional Currency 66. Futures Contracts 67. Goodwill 68. Hypothecated Deposit 69. IBF 70. Income Taxes 71. Intangible Assets 72. Interest-Bearing Account 73. Interest Capitalization 74. Interest Rate Swaps 75. Internal-Use Computer Software 76. International Banking Facility (IBF) 77. Interoffice Accounts 78. Investments in Common Stock of Unconsolidated Subsidiaries 79. Joint Venture 80. Lease Accounting 81. Letter of Credit 82. Limited-Life Preferred Stock 83. Loan 84. Loan Fees 85. Loan Impairment 86. Loan Secured by Real Estate 87. Loss Contingencies 88. Majority-Owned Subsidiary 89. Mandatory Convertible Debt 91. Mergers 92. Money Market Deposit Account (MMDA) 93. Nonaccrual Status

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 78 Dollar amounts in thousands 94. 95. 96. 97. 98. 99. 100. 101. 102. 102.a. 103. 104. 105. 106. 107. 108. 109. 110. 111. 112. 113. 114. 114.a. 115. 116. 117. 118. 119. 120. 121. 122. 123. 125. 126. 127. 128. 129. 130. 131. 132. 133. 134. 135. 136. 137. 138. 139. 140. 141. 142. 143. 94. Noninterest-Bearing Account 95. Nontransaction Account 96. NOW Account 97. Offsetting 98. One-Day Transaction 99. Option 100. Organization Costs 101. Other Depository Institutions in the U.S. 102. Other Real Estate Owned a. Other-Than-Temporary Impairment 103. Overdraft 104. Participations 105. Participations in Acceptances 106. Participations in Pools of Securities 107. Pass-through Reserve Balances 108. Perpetual Preferred Stock 109. Placements and Takings 110. Pooling of Interests 111. Preauthorized Transfer Account 112. Preferred Stock 113. Premiums and Discounts 114. Purchase Acquisition a. Purchased Credit-Impaired Loans and Debt Securities 115. Put Option 116. Real Estate ADC Arrangements 117. Real Estate, Loan Secured By 118. Reciprocal Balances 119. Renegotiated Troubled Debt 120. Reorganizations 121. Repurchase/Resale Agreements 122. Reserve Balances, Pass-through 123. Retail Sweep Arrangements 125. Savings Deposits 126. Securities Activities 127. Securities Borrowing/Lending Transactions 128. Securities, Participations in Pools of 129. Servicing Assets and Liabilities 130. Settlement Date Accounting 131. Shell Branches 132. Short Position 133. Significant Subsidary 134. Standby Letter of Credit 135. Start-Up Activities 136. STRIPS 137. Subordinated Notes and Debentures 138. Subsidiaries 139. Suspense Accounts 140. Syndications 141. Telephone Transfer Account 142. Term Federal Funds 143. Time Deposits

HSBC BANK USA, NATIONAL ASSOCIATION RSSD-ID 413208 Last Updated on 2/8/2016 FFIEC 031 Report Date 12/31/2015 79 Dollar amounts in thousands 144. 145. 146. 147. 148. 149. 150. 151. 152. 153. 154. 155. 155.a. 156. 144. Trade Date and Settlement Date Accounting 145. Trading Account 146. Transction Account 147. Transfers of Financial Assets 148. Traveler's Letter of Credit 149. Treasury Receipts 150. Treasury Stock 151. Troubled Debt Restructurings 152. Trust Preferred Securities 153. U.S. Banks 154. U.S. Territories and Possessions 155. Valuation Allowance a. Variable Interest Entity 156. When-Issued Securities Transactions

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