Institutions submit Call Report data
to the agencies (OCC, FRB, FDIC)each quarter for the agencies' use
in monitoring the condition, performance, and risk profile of
individual institutions and the industry as a whole. Call Report
data provide the most current statistical data available for
evaluating institutions' corporate applications, identifying areas
of focus for both on-site and off-site examinations, and monetary
and other public policy purposes. The agencies use the data in
evaluating interstate merger and acquisition applications to
determine, as required by law, whether the resulting institution
would control more than ten percent of the total amount of deposits
of insured depository institutions in the United States. The data
is also used to calculate all institutions' deposit insurance and
Financing Corporation assessments, and assessment fees. In November
2011, the agencies requested comment on changes to schedule RI-C
but deferred implementation of the changes in light of comments
received. The agencies have completed their evaluation and are
proceeding with a modified version of the schedule, which will be
completed by institutions with $1 billion or more in total assets
beginning March 31, 2013.
The change in burden associated
with this submission is a combination of (i) a decrease in
reporting institutions supervised by the OCC (2,035 to 1,909); (ii)
a change from 53.49 (national banks) and 53.90 (thrifts) burden
hours per quarter to file to 53.76 burden hours to file for both;
and the removal of the system start-up burden for thrifts
converting from the Thrift Financial Report to the Call Report
(119,568 total hours). The Thrift Financial Report was phased out
as of the March 31, 2012 report date. Any system conversion and
training for thrifts required to convert to the Call Report would
have been completed. Therefore, the OCC removed its IC for the
Thrift Financial Report to Call Report Conversion Process. The
items outlined above resulted in an overall decrease in burden of
145,527 hours.
$0
No
No
No
No
No
Uncollected
Juan Marroquin 202
874-3371
No
On behalf of this Federal agency, I certify that
the collection of information encompassed by this request complies
with 5 CFR 1320.9 and the related provisions of 5 CFR
1320.8(b)(3).
The following is a summary of the topics, regarding
the proposed collection of information, that the certification
covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a
benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control
number;
If you are unable to certify compliance with any of
these provisions, identify the item by leaving the box unchecked
and explain the reason in the Supporting Statement.
Form FFIEC 031 (MA)-Reports of Condition and Income (Interagency Call Report)
1557-0081 2013 clean.docx
(MA)-Reports of Condition and Income (Interagency Call Report)