Skip to main content
U.S. flag
An official website of the United States government
Dot gov
The .gov means it’s official. 
Federal government websites often end in .gov or .mil. Before sharing sensitive information, make sure you’re on a federal government site.
Https
The site is secure. 
The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely.
INACTIVE
This page is no longer active. Its content has expired or been rescinded by the FDIC.


 

 

 

 

TO: CHIEF EXECUTIVE OFFICER 
SUBJECT: Reports of Condition and Income (Call Reports) for Fourth Quarter 1997 

The enclosed materials pertain to the Reports of Condition and Income (Call Reports) for December 31, 1997. Please complete these fourth quarter Call Reports as soon as possible and then submit them electronically. Completed reports must be received by January 30, 1998, in accordance with the filing requirements discussed below. No extensions of time for submitting reports are granted. Please note that the enclosed materials contain only one complete set of Call Report forms. 

As previously announced, the electronic filing requirement for Call Reports applies to all banks beginning this quarter (see FIL-64-97: Inactive Financial Institution Letters: dated June 27, 1997). Banks are no longer permitted to send completed paper Call Report forms directly to the appropriate federal banking agency, i.e., to the FDIC for national and FDIC-supervised banks and to the appropriate Federal Reserve District Bank for state member banks. Instead, each bank must file its December 31, 1997, and subsequent Call Reports in one of the following two ways: 

 

The filing of a Call Report that is submitted electronically to EDS by modem will be considered timely if it is transmitted to EDS no later than January 30, 1998. A bank using the paper-based alternative method must ensure that the party that is converting its report to electronic form has sufficient time to convert and transmit it to EDS by this date. 

Banks that send a computer diskette directly to EDS must mail the diskette to EDS no later than January 27, 1998. To be considered filed on time, the diskette must be properly addressed, mailed first class, and postmarked no later than this date. (A "Certificate of Mailing," U.S. Postal Service Form 3817, may also be used as proof.) Alternatively, a bank may send the diskette using an overnight delivery system on or before January 29, 1998. Any Call Report sent to EDS on a computer diskette that EDS cannot read will not be accepted and the bank must resubmit its report in readable form. This may result in EDS receiving the bank's Call Report data file after the submission deadline. 

A bank that has or has had more than one foreign office, other than a "shell" branch or an International Banking Facility, is permitted an additional 15 days to complete its Call Report. Such a bank is required to electronically transmit its report to EDS no later than February 14, 1998. 

All banks are reminded to complete the items for the deferred portion of applicable income taxes and for reciprocal interbank holdings of capital instruments (Memorandum item 12 of Schedule RI and Memorandum item 1 of Schedule RC-M, respectively). This information is collected only as of the December 31 report date each year. 

For further information or assistance concerning the Call Reports, state member banks should contact their Federal Reserve District Bank. National and FDIC-supervised banks should telephone the FDIC's Call Reports Analysis Section in Washington, D.C., toll free on (800) 688-FDIC or on (202) 898-6607, Monday through Friday between 8:00 a.m. and 5:00 p.m., Eastern Time. 

Thank you for your cooperation. 

 

Emory W. Rushton 
Senior Deputy Comptroller 
for Bank Supervision Policy 
Office of the 
Comptroller of the Currency 
Richard Spillenkothen 
Director 
Division of Banking 
Supervision and Regulation 
Board of Governors of the 
Federal Reserve System 
Nicholas J. Ketcha Jr. 
Director 
Division of Supervision 
Federal Deposit 
Insurance Corporation 

Enclosures 
Supplemental Instructions 
Regulatory Capital Worksheet - Introduction 
Regulatory Capital Worksheet - Part 1 
Regulatory Capital Worksheet - Part 2 
Regulatory Capital Worksheet - Part 2 Instructions and Part 3 
 

Distribution: Insured Commercial Banks and FDIC-Supervised Savings Banks 


 

FIL-126-97

Last Updated: December 31, 1997