Summary: |
The Federal Financial Institutions Examination
Council (FFIEC) has approved certain revisions to the Consolidated Reports of Condition and Income
(Call Report) for implementation as of March 31 and June 30, 2012. These revisions are subject to
approval by the U.S. Office of Management and Budget. Two proposed new Call Report schedules for
which the banking agencies requested comment in November 2011 remain under evaluation.
Institutions will be notified about the results of this evaluation, and any new reporting
requirements will not take effect before September 30, 2012. FDIC-supervised savings associations
also are reminded that they are scheduled to convert from filing the Thrift Financial Report to
the Call Report effective March 31, 2012.
Statement of Applicability to Institutions Under $1 Billion in Total Assets: This Financial Institution Letter applies to all FDIC-supervised banks and savings associations, including community institutions. Most institutions under $1 billion in total assets would not need to report additional information in Schedules RC-N, RC-O, and RC-P under the June 2012 revisions because of the size of the institution or the specialized nature of the new data items. |
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