Categories: FDIC

Regulatory Reporting Revisions to the Consolidated Reports of Condition and Income (Call Report) and the FFIEC 101 Report

FIL-11-2020
February 19, 2020

Regulatory Reporting Revisions to the Consolidated Reports of Condition and Income (Call Report) and the FFIEC 101 Report

Printable Format:

FIL-11-2020 – PDF (PDF Help)

Summary:

The banking agencies, under the auspices of the Federal Financial Institutions Examination Council (FFIEC), have finalized capital-related reporting changes and other reporting revisions, which are described in the attached Federal Register notice. These changes and revisions apply to each version of the Call Report and the Regulatory Capital Reporting for Institutions Subject to the Advanced Capital Adequacy Framework (FFIEC 101). These reporting changes and revisions, proposed in October 2019, are subject to approval by the U.S. Office of Management and Budget.

Statement of Applicability to Institutions With Total Assets Under $1 Billion: This Financial Institution Letter applies to all FDIC-supervised institutions, including community institutions.

Highlights:

  • The reporting revisions affect the three versions of the Call Report (FFIEC 031, FFIEC 041, and FFIEC 051), as applicable, and the FFIEC 101 report, which is completed by a limited number of institutions.
  • The capital-related revisions to the Call Report and the FFIEC 101 implement various changes to the agencies’ capital rule that have been finalized in recent months, including the capital simplifications rule and the community bank leverage ratio rule. These reporting changes generally will take effect the same quarters as the effective dates of the final capital rules, i.e., March 31, 2020, or June 30, 2020, as applicable.
  • Other Call Report revisions include a change in the scope of the FFIEC 031 report and an instructional revision for the reporting of a lessee’s operating lease liabilities, which will take effect March 31, 2020. In addition, with regard to reporting home equity lines of credit that convert from revolving to non-revolving status, there are instructional revisions and a related new item, both of which would take effect in 2021.
  • Redlined drafts showing the revisions to the forms are available on the FFIEC’s Reporting Forms webpages for each version of the Call Report and the FFIEC 101 report. Redlined draft revisions to the instructions for these reports also are available on these webpages.
  • Institutions should review interagency FIL-10-2020 for further information about the agencies’ regulatory reporting revisions.
  • This FIL expires one year after issuance.
IR Press

Share
Published by
IR Press

Recent Posts

Treasury Issues Final Rule Expanding CFIUS Coverage of Real Estate Transactions Around More Than 60 Military Installations

WASHINGTON – Today, the U.S. Department of the Treasury (Treasury), as Chair of the Committee…

3 days ago

U.S. Department of the Treasury’s CDFI Fund and Federal Housing Finance Agency Collaborate to Bolster CDFI Access to Capital

WASHINGTON—Today, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) and…

3 days ago

Report on U.S. Portfolio Holdings of Foreign Securities at Year-End 2023

Washington – The findings from the annual survey of U.S. portfolio holdings of foreign securities…

4 days ago

READOUT: U.S. Department of the Treasury Hosts Roundtable Discussion on the Financial Sector’s Response to Recent Hurricanes

WASHINGTON – The U.S. Department of the Treasury hosted a roundtable on October 30 with…

4 days ago

READOUT: Sixth Meeting of the Financial Working Group Between the United States and the People’s Republic of China

WASHINGTON – The United States and the People’s Republic of China held the sixth meeting…

4 days ago

Treasury Sanctions Key Members of La Linea, a Group Involved in Trafficking Fentanyl into the United States

WASHINGTON — Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned…

4 days ago