headings within the legal text of Federal Register documents. The final rule also amended the FDIC's methodology for calculating the national rate, the national rate cap, and the local market rate cap for the interest rate restrictions under Section 29 that apply to less than well-capitalized institutions. electronic version on GPOs govinfo.gov. Library of the Chathams opens new station for pickups, returns Office of the Comptroller of the Currency (OCC), Treasury; Board of Governors of the Federal Reserve System (Board); and Federal Deposit Insurance Corporation (FDIC). The agencies do not want to create a short-term increase in burden on these community institutions to comply with the additional reporting for a single year. . 9. NOTE: This update for the instruction book for the FFIEC 051 Call Report is designed for two-sided (duplex) printing. (As of December 2022), Contents FFIEC: Reports of Condition and Income Instructions for the FFIEC 051 Report Form - December 2022. Institution Letters, Policy NOTE: This update for the instruction book for the FFIEC 051 Call Report is designed for two-sided (duplex) printing. In accordance with the requirements of the Paperwork Reduction Act of 1995 (PRA), the OCC, the Board, and the FDIC (the agencies) Start Printed Page 8481may not conduct or sponsor, and the respondent is not required to respond to, an information collection unless it displays a currently valid Office of Management and Budget (OMB) control number. documents in the last year, by the National Oceanic and Atmospheric Administration Cover Page (9-21 . Show more. (As of December 2021), Schedule RC-E - Deposit Liabilities on The Federal Deposit Insurance Corporation (FDIC) is an independent agency Proposed Agency Information Collection Activities; Comment Request Document page views are updated periodically throughout the day and are cumulative counts for this document. If you are using public inspection listings for legal research, you One is based on a passage (see Example 1). (4) for not fully insured, non-affiliate sweep deposits to capture sweep deposits that are not deposited in accordance with a contract between a customer or counterparty and the reporting institution, a controlled subsidiary of the reporting institution, or a company that is a controlled subsidiary of the same top-tier company of which the reporting institution is a controlled subsidiary, where less than the entire amount of the deposit is covered by deposit insurance; Memorandum item 1.i for total sweep deposits that are not brokered due to a primary purpose exception, which corresponds to the 25 percent test exception above. The OFR/GPO partnership is committed to presenting accurate and reliable PDF Nonaccrual Loans and Restructured Debt (Accounting, Reporting, and 11. (As of December 2020), Schedule RI-B - Charge-Offs and Recoveries on Loans and Leases and Changes in Allowances for Credit Losses 2. Board of Governors of the Federal Reserve System. legal research should verify their results against an official edition of Federal Reserve Bank of Chicago, 230 South LaSalle Street, Chicago, Illinois 60604-1413, USA. Report Titles: Report of Assets and Liabilities of U.S. that agencies use to create their documents. All FICUs must file the standard 5300 Call report (long) form in June and December, while credit unions with less than $10 million have the choice of submitting the standard 5300 report form or the new . include documents scheduled for later issues, at the request (As of December 2022), Schedule RI-C - Disaggregated Data on the Allowance for Loan and Lease Losses that agencies use to create their documents. the agencies proposed to revise the Call Report instructions Glossary entry for "Income Taxes" to address treatment of temporary difference deferred and operating . documents in the last year, 36 on As such, FDIC plans to monitor sweep deposits that are not brokered due to the primary purpose exception over time to determine the supervisory and deposit insurance assessment implications of these deposits, if any. The agencies propose to extend for three years, with revision, the FFIEC 031, FFIEC 041, and FFIEC 051 Call Reports. In accordance with the requirements of the Paperwork Reduction Act of 1995 (PRA), the OCC, the Board, and the FDIC (the agencies) may not conduct or sponsor, and the respondent is not required to respond Start Printed Page 76659to, an information collection unless it displays a currently valid Office of Management and Budget (OMB) control number. (As of June 2021), Schedule RC-C1 - Loans and Leases Use the PDF linked in the document sidebar for the official electronic format. Insurance, FDIC National Survey of Unbanked and Underbanked Households, Quarterly Banking This site displays a prototype of a Web 2.0 version of the daily FFIEC 031, FFIEC 041, and FFIEC 051 18 Question Format OMB Supporting Statement ( Supplementary Document ) Notice: This form may be outdated. The changes to the Call Reports and the FFIEC 101 report implement the agencies' recent revisions to the regulatory capital rules for the current expected credit losses (CECL) methodology in ASU 2016-13, including a CECL regulatory capital transition. documents in the last year, 36 Supervision and deposit insurance assessments evaluate risk, in part, based on data institutions report on the Call Report. 4. Among other purposes, the agencies use Call Report data in evaluating institutions' corporate applications, including interstate merger and acquisition applications for which the agencies are required by law to determine whether the resulting institution would control more than 10 percent of the total amount of deposits of insured depository institutions in the United States. This repetition of headings to form internal navigation links Form FFIEC 051 FFIEC 051 Consolidated Report of Condition and Income (2) for not fully insured, affiliate sweep deposits to capture sweep deposits that are deposited in accordance with a contract between a customer or counterparty and the reporting institution, a controlled subsidiary of the reporting institution, or a company that is a controlled subsidiary of the same top-tier company of which the reporting institution is a controlled subsidiary, where less than the entire amount of the deposit is covered by deposit insurance; Memorandum item 1.h. These markup elements allow the user to see how the document follows the The current Call Report instructions permit an institution to file the FFIEC 051 version of the Call Report if it meets certain criteria consistent with those rules. On the FFIEC 002, the first five data items identified above would be added to Schedule O, Other Data for Deposit Insurance Assessments, as Memorandum items 8.a through 8.d and 9 and would be reported quarterly by insured U.S. branches of foreign banks of all sizes. You may review comments and other related materials that pertain to this information collection beginning on the date of publication of the second notice for this collection by the following method: Board: You may submit comments, which should refer to Call Report and FFIEC 002 Deposit-Related Revisions, by any of the following methods: All public comments are available on the Board's website at https://www.federalreserve.gov/apps/foia/proposedregs.aspx as submitted, unless modified for technical reasons. (312) 322-5322, Please review our Privacy Policy | Legal Notices, Regulatory Applications And Membership Information, Chicago Fed Advance Retail Trade Summary (CARTS), Chicago Fed National Activity Index (CFNAI), Chicago Fed Survey Of Economic Conditions (CFSEC), National Financial Conditions Index (NFCI), Business Cycle Analysis and Communications, Community Depository Institutions Advisory Council, Reporting Forms and Instructions - FFIEC 031, Reporting Forms and Instructions - FFIEC 041, Reporting Forms and Instructions - FFIEC 051. New Documents documents in the last year, 20 Fact Sheets, Current Quarter Call Report Forms, Instructions, and Related Materials, Previous Quarters Call Report Forms, Instructions, and Related Materials, Important Information for New Call Report Filers, Call Report Data and Uniform Bank Performance Reports. independent agency created by the Congress to maintain Call Report: An Update Federal Register :: Proposed Agency Information Collection Activities The OFR/GPO partnership is committed to presenting accurate and reliable For the FFIEC 031 and FFIEC 041 only, the $1 billion threshold to report information on certain income from mutual funds and annuities in Schedule RI, Memorandum item 2; and financial and performance standby letters of credit conveyed to others in Schedule RC-L, items 2.a and 3.a. When the estimates are calculated by type of report across the agencies, the estimated average burden hours per quarter are 86.45 (FFIEC 031), 55.52 (FFIEC 041), and 35.38 (FFIEC 051). FDIC-Insured Institutions Reported Net Income of $68.4 Billion in Fourth Quarter 2022, Agencies Issue Joint Statement on Liquidity Risks Resulting from Crypto-Asset Market Vulnerabilities, FDIC Demands Four Entities Cease Making False or Misleading Representations about Deposit The agencies also propose to revise the Call Report instructions to add the LCR rule's definition[10] Form Number: FFIEC 031 (Consolidated Reports of Condition and The loan purpose is for home improvement. regulatory information on FederalRegister.gov with the objective of Board: Nuha Elmaghrabi, Federal Reserve Board Clearance Officer, (202) 452-3884, Office of the Chief Data Officer, Board of Governors of the Federal Reserve System, 20th and C Streets NW, Washington, DC 20551.