(As of December 2022), Schedule RC-R - Part II - Risk-Weighted Assets Document page views are updated periodically throughout the day and are cumulative counts for this document. Line-item detail review of the Call Report with an emphasis on those areas most pertinent to community banks, Review of form FFIEC 051 and related instructions, Review of Schedule RC-R, Regulatory Capital, and the capital conservation buffer, Recent revisions of the Call Report and the implications, Review of call report general instructions, line item instructions, and other resources, Accounting pronouncements and their effect on the Call Report, Discussions regarding an efficient preparation of the Call Report, Discussion of common errors and their resolution, Sufficient time for questions and answers. 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. Browse our documents in the last year, 467 (As of December 2021), Schedule RC-O - Other Data for Deposit Insurance Assessments documents in the last year, 1411 One criterion is that an institution must have total consolidated assets of $5 billion or less in its Call Report as of June 30, 2020, when evaluating eligibility to use the FFIEC 051 for report dates in calendar year 2021. FFIEC: Reports of Condition and Income Instructions for the FFIEC 051 Report Form - September 2021. Only official editions of the (As of September 2019), Schedule RC-C2 - Loans to Small Businesses and Small Farms The agencies are proposing this relief for calendar year 2021 only. Telecommunications Device for the Deaf (TDD) users may call (202) 263-4869. Table 1: Call Report Requirements . Due to the asset growth considerations discussed above, the agencies have revised their rules on FFIEC 051 eligibility[3] The Federal Deposit Insurance Corporation (FDIC) is an independent agency OCC: Kevin Korzeniewski, Counsel, Chief Counsel's Office, (202) 649-5490. This table of contents is a navigational tool, processed from the Report . Cover Page (9-21 . informational resource until the Administrative Committee of the Federal (2)(a) to capture the portion of not fully insured, affiliate sweep deposits reported in Memorandum item 1.h. Instead, the agencies periodically reevaluate their burden estimates based on the data items that are regularly completed by institutions. Public comment is requested on all aspects of this joint notice including the questions that were provided in the earlier sections. Care and Cleaning: Washing Instructions Not Provided & Drying Instructions Not Provided. Open for Comment, Russian Harmful Foreign Activities Sanctions, Economic Sanctions & Foreign Assets Control, Fisheries of the Northeastern United States, National Oceanic and Atmospheric Administration, Further Advancing Racial Equity and Support for Underserved Communities Through the Federal Government, Office of the Comptroller of the Currency, B. Except for certain institutions with foreign offices, the Call Report must be received by October 30, 2021. See definition of covered depository institutions. (1) through 1.h. This September 2021 and June 2021 Call Report Instruction Book Updates exclude updates pertaining to total loss absorbing capacity (TLAC). Less than $5 Billion (As of December 2022): The following documents are formatted as PDF files. This proposal to capture new Call Report data items for sweep deposits would provide the agencies with several benefits for its understanding of liquidity risks relevant to institutions of all sizes. The site is secure. 03/03/2023, 207 Comments must be submitted on or before April 6, 2021. (Domestic-only banks with assets of less than $5 billion file Form FFIEC 051). protection; makes large and complex financial institutions resolvable; and Each document posted on the site includes a link to the for better understanding how a document is structured but (1), 3.a. %PDF-1.6 % by the Foreign Assets Control Office These estimates do not include increases in burden for report dates in 2021 that would have resulted from institutions growing above asset thresholds within the Call Report because these institutions would now be afforded threshold relief. These revisions are discussed in the banking agencies' initial and final Paperwork Reduction Act (PRA) notices 02/26/2023. documents in the last year, 20 FFIEC 031, FFIEC 041, and FFIEC 051 18 Question Format OMB Supporting Statement . An official website of the United States government. better and aid in comparing the online edition to the print edition. 161 (national banks), 12 U.S.C. 1817 (insured state nonmember commercial and savings banks), and 12 U.S.C. Quarterly Call Report Supplemental Instructions Documents are in Portable Document Format (PDF). (As of September 2021), Schedule RC-T - Fiduciary and Related Services documents in the last year, 86 Report Title: Consolidated Reports of Condition and Income (Call Report). AVI Systems, the largest global AV/UC systems integrator, today announced a new managed services offering for organizations that have deployed Microsoft Teams Rooms in their environments.MTR Pro Advanced service allows enterprise IT teams to transition the management and support of their Teams room solutions to AVI. Report Title: Consolidated Reports of Condition and Income (Call Report). on As part of this effort, the agencies are proposing to collect new data items in the Call Reports that would help evaluate funding stability of sweep deposits over time to determine their appropriate treatment under applicable liquidity regulations. 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). (As of September 2021), Schedule SU - Supplemental Information This table of contents is a navigational tool, processed from the Profile, FDIC Academic As described in the preamble to the brokered deposits final rule, Nothing in the final rule is intended to limit the FDIC's ability to review or take supervisory action with respect to funding-related matters, including funding concentrations, that may affect the safety and soundness of individual banks or the industry generally. Deputy Chief Counsel, Office of the Comptroller of the Currency. See Section 29(g) of the Federal Deposit Insurance Act (FDI Act) (12 U.S.C. endstream endobj 1505 0 obj <>/Metadata 217 0 R/Outlines 301 0 R/Pages 1496 0 R/StructTreeRoot 339 0 R/Type/Catalog/ViewerPreferences<>>> endobj 1506 0 obj <>>>/Rotate 0/StructParents 0/Tabs/S/Type/Page>> endobj 1507 0 obj <>stream on Except for select sensitive items, the FFIEC 002 is not given confidential treatment; the FFIEC 002S is given confidential treatment (5 U.S.C. endstream endobj 4181 0 obj <>/Metadata 437 0 R/Outlines 744 0 R/Pages 4156 0 R/StructTreeRoot 827 0 R/Type/Catalog>> endobj 4182 0 obj <>/Font<>>>/Rotate 0/StructParents 177/Tabs/S/Type/Page>> endobj 4183 0 obj <>stream You should know what form you should be following at that point.) 03/03/2023, 1465 Institution Letters, Policy Each document posted on the site includes a link to the These markup elements allow the user to see how the document follows the Loan Purpose on 50/50 Loan. (As of December 2021), Schedule RC - Balance Sheet including facilitating and primary purpose.[5] Counts are subject to sampling, reprocessing and revision (up or down) throughout the day. The agencies note that while the instructions refer to a The forms and instructions are available on the Board's public website at . [4] The FDIC insures deposits; examines and Clemson defensive lineman Bryan Bresee runs a drill at the NFL football scouting combine in Indianapolis, Thursday, March 2, 2023. (As of March 2017), Schedule RI-E - Explanations The agencies expect some of these institutions may fall below the relevant total asset threshold as of June 30, 2021, for example, after forgiveness of PPP loans and redemption of borrowings obtained through the Board's PPP liquidity facility. documents in the last year, by the Energy Department 7100-0036) , which collects data on loans less than a certain dollar amount rather than on loans to small businesses. Item Number (DPCI): 051-12-4745. bankers, analysts, and other stakeholders. the agencies propose to revise the Call Report instructions to clarify the Glossary entry for "Income Taxes" to address treatment of temporary difference . headings within the legal text of Federal Register documents. For the FFIEC 041 only, the $300 million threshold to report cash and balances due from depository institutions in Schedule RC-A; certain derivatives information in Schedule RI, Memorandum item 10, and Schedule RC-N, Memorandum item 6; and certain additional loan information in Schedule RI-B, Part I, Memorandum items 2.a, 2.c, and 2.d; Schedule RC-C, Part I, items 2.a, 2.b, 2.c, 4.a, 4.b, 9.b. For the FFIEC 031 and FFIEC 041 only, the $10 billion threshold to report additional information on derivatives in Schedule RI, Memorandum items 9.a and 9.b, and Schedule RC-L, items 16.a and 16.b. When cer-tain criteria1 are met, (1) interest payments on nonaccrual assets can be recognized as income on a cash basis without rst recovering any prior partial charge-offs; (2) nonaccrual assets Here you would be brought into a page allowing you to make edits on the document. that agencies use to create their documents. [9] This repetition of headings to form internal navigation links Estimated Average Burden per Response: 39.96 burden hours per quarter to file. Instructions for Preparation of Consolidated Reports of Condition and Income for a Bank with Domestic Offices Only and Total Assets These tools are designed to help you understand the official document The agencies propose to revise the Call Report and FFIEC 002 instructions to add the following definition for sweep deposit: A sweep deposit means a deposit held at the reporting institution by a customer or counterparty through a contractual feature that automatically transfers to the reporting institution from another regulated financial company at the close of each business day amounts identified under the agreement governing the account from which the amount is being transferred. (3)(a) to capture the portion of fully insured, non-affiliate sweep deposits reported in Memorandum item 1.h. An institution would be required to use the total consolidated assets it reports in its Call Report as of June 30, 2021, when determining eligibility to use the FFIEC 051 in calendar year 2022, consistent with the existing instructions for the FFIEC 051. 03/03/2023, 207 The $1 billion threshold to report components of deposit fee income in Schedule RI, Memorandum items 15.a through 15.d; disaggregated credit loss allowance data in Schedule RI-C; components of transaction and nontransaction savings consumer deposit account products in Schedule RC-E, Memorandum items 6.a, 6.b, 7.a. (1)(a), 1.h. (As of June 2020). Accordingly, your comments will not be edited to remove any identifying or contact information. the instructions issued by the appropriate Federal regulatory authority and are true and correct. U.S. banks that also maintain offices abroad file Form FFIEC 031. Are these collections also appropriate for depository institutions Start Printed Page 8486already subject to the LCR and NSFR rules with total consolidated assets between $10 and $100 billion? The proposed new data items would provide the agencies with observations about the varying liquidity and other risk characteristics of these different types of sweep deposits. to allow institutions that temporarily exceed the $10 billion total asset threshold in those rules to use the CBLR framework from December 31, 2020, to December 31, 2021, provided they meet the other qualifying criteria for this framework. (8); holdings of asset-backed securities and structured financial products in Schedule RC-B, Memorandum items 5.a through 5.f and 6.a through 6.g; and securitizations in Schedule RC-S, items 6 and 10, and Memorandum items 3.a. for better understanding how a document is structured but history, career opportunities, and more. (As of September 2021), Schedule RC-F - Other Assets The brokered deposits final rule takes effect April 1, 2021. (2) that are deposited in accordance with a contract between a retail 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. Dated at Washington, DC, on or about November 24, 2020. data. The changes to the Call Report forms and instructions proposed in this notice result in an increase in estimated average burden hours per quarter by type of report of 0.64 (FFIEC 031), 0.32 (FFIEC 041) and 0.11 (FFIEC 051). (2), and 3.a through 3.d. Due to aggressive automated scraping of FederalRegister.gov and eCFR.gov, programmatic access to these sites is limited to access to our extensive developer APIs. TCIN: 85360860. It is not an official legal edition of the Federal OMB.report. Less than $5 Billion (As of September 2021): The following documents are formatted as PDF files. Many community institutions may have unexpectedly crossed these total asset thresholds during 2020 due to participation in CARES Act relief programs or other COVID-19-related stimulus activities, which would otherwise trigger additional reporting obligations starting in calendar year 2021. These can be useful 1831f(g)). (As of December 2021), Schedule RC-E - Deposit Liabilities 1511 0 obj <>/Filter/FlateDecode/ID[<60C6C3699F74EC46B37EBD6ADA2E5D7C>]/Index[1504 12]/Info 1503 0 R/Length 55/Prev 489153/Root 1505 0 R/Size 1516/Type/XRef/W[1 2 1]>>stream 03/03/2023, 266 The FFIEC 051 Call Report instruction book will be updated to incorporate relevant information from the September 2020 COVID-19 Related Supplemental Instructions (Call Report) after the agencies have completed the standard Paperwork Reduction Act (PRA) process for these Call Report revisions. documents in the last year, by the Coast Guard 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. current Call Report instructions require that the signed cover page must be attached to a printout or copy of the Call Report forms or data reported to the agencies. documents in the last year, 20 FFIEC 051 : RIAD9804: 1978-12-31: 2000-12-31: No: SECF9804: 2000-03-31: 9999-12-31: Yes: SEC 1695/1696 . In an ever-changing regulatory and accounting environment, it is important that call report preparers and reviewers remain up to date. the official SGML-based PDF version on govinfo.gov, those relying on it for conferences and events. The agencies have revised these rules[5] Below you can get an idea about how to edit and complete a Draft FFIEC 031 Reporting Form for the Call Report Revisions easily. (As of September 2020), Schedule RC-M - Memoranda on Director (Trustee) Director (Trustee) Director (Trustee) Submission of Reports Each bank must file its Reports of Condition and Income (Call Report) data by either: (a) Using computer software to prepare its Call Report and then Estimated Average Burden per Response: 40.13 burden hours per quarter to file. update and should be filed promptly in your instruction book for the FFIEC 051 Call Report. In the brokered deposits final rule, the FDIC adopted revised criteria for the primary purpose exception based on the relationship between the agent or nominee and its customers. Federal Register/Vol. of the issuing agency. has no substantive legal effect. (2)(a), 1.h. (1), and 3.b.(2). Federal Reserve Bank of Chicago, 230 South LaSalle Street, Chicago, Illinois 60604-1413, USA. FFIEC 051 RI-10 RI - INCOME STATEMENT (3-21) Item No. As a result of the final rule, the FDIC expects that some sweep deposits that are currently brokered deposits placed by third parties will meet the revised primary purpose exception and therefore no longer be reported on the Call Report as brokered. The Public Inspection page [COURTESY PHOTO] Courtesy photo. Estimated Number of Respondents: 1,111 national banks and federal savings. Interested parties are invited to submit written comments to any or all of the agencies. Interested parties are invited to submit written comments to any or all of the agencies. that agencies use to create their documents. supervises financial institutions for safety, soundness, and consumer of the issuing agency. encrypted and transmitted securely. [7] (1), 9.b. [3] See the NSFR final rule attached to OCC News Release 2020-138, Board Press Release, and FDIC Press Release 116-2020, all of which are dated October 20, 2020. (2), 7.b. 324 (state member banks), 12 U.S.C. sharing sensitive information, make sure youre on a federal All comments, which should refer to the Call Report and FFIEC 002 Deposit-Related Revisions, will be shared among the agencies. Accordingly, the agencies propose to add the following data items applicable to all institutions that file the Call Report and all insured institutions that file the FFIEC 002. (As of December 2022), Contents 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. Learn more here. For example, should the agencies consider reporting based upon certain material thresholds or concentrations in deposits gathered through any one or more of the designated exceptions? FDIC: Manuel E. Cabeza, Counsel, (202) 898-3767, Legal Division, Federal Deposit Insurance Corporation, 550 17th Street NW, Washington, DC 20429. testimony on the latest banking issues, learn about policy For the FFIEC 041 and FFIEC 051 only, the $300 million threshold. Office of the Comptroller of the Currency (OCC), Treasury; Board of Governors of the Federal Reserve System (Board); and Federal Deposit Insurance Corporation (FDIC). (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. The President of the United States communicates information on holidays, commemorations, special observances, trade, and policy through Proclamations. The https:// ensures that you are connecting to Branches and Agencies of Foreign Banks), as applicable, and as they may be amended or superseded from time to time in accordance with the . Additionally, FDIC, in a letter to financial institutions, announced that Call Reports for the June 30, 2021 reporting date must be submitted to the Central Data Repository of the relevant US agencies by July 30, 2021, with the exception of certain institutions with foreign offices. Instructions for Preparation of Consolidated Reports of Condition and Income for a Bank with Domestic Offices Only and Total Assets Less than $5 Billion (As of September 2021): The following documents are formatted as PDF files. (As of December 2020), Schedule RC-G - Other Liabilities FRS. documents in the last year, 822 The loan purpose is for home improvement. Comments submitted in response to this joint notice will be shared among the agencies. The FDIC insures deposits; examines and Non-affiliate sweep deposits would be defined as sweep deposits that are not deposited in accordance with a contract between a customer or counterparty and a reporting institution, a reporting institution's consolidated subsidiary, or a company that is a consolidated subsidiary of the same top-tier company of which the reporting institution is a consolidated subsidiary. conferences and events. documents in the last year, 83 on documents in the last year, 981 regulatory information on FederalRegister.gov with the objective of Profile, FDIC Academic publication in the future. Document Drafting Handbook include documents scheduled for later issues, at the request 031, FFIEC 041, and FFIEC 051 Call Reports. )DP& i>`V2=M@l%>E3c9q;$=,:5 Sh This site displays a prototype of a Web 2.0 version of the daily documents in the last year, 853 Also, a 95 percent ASF factor was assigned to affiliate sweep deposits provided by a retail customer or counterparty where the entire amount of the sweep deposit is covered by deposit insurance and where an institution subject to the NSFR final rule has demonstrated to the satisfaction of its appropriate Federal banking agency that withdrawal of the deposit is highly unlikely to occur during a liquidity stress event.