Consolidated Reports of Condition and Income (Call Report)

Forms and Documents

Document Name	Status
Form Schedule RI-C Consolidated Reports of Condition and Income (Call Report) Form and Instruction	Modified
SPST-0052 Schedule RI-C 313xSupporting Statement 110712.doc Supporting Statement A	2012-11-07

IC Document Collections

IC ID	Document Title	Status
42560	Consolidated Reports of Condition and Income (Call Report) Form and Instruction	Modified

ICR Details

OMB Control No: 3064-0052	ICR Reference No: 201210-3064-006
Status: Historical Active	Previous ICR Reference No: 201202-3064-005
Agency/Subagency: FDIC	Agency Tracking No: FFIEC031/FFIEC041
Title: Consolidated Reports of Condition and Income (Call Report)
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 01/11/2013
	Date Received in OIRA: 11/08/2012
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	01/31/2016	36 Months From Approved	03/31/2015
Responses	18,124	0	18,520
Time Burden (Hours)	735,109	0	761,203
Cost Burden (Dollars)	0	0	0

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Abstract: Insured financial institutions must provide quarterly reports of condition and income to the appropriate regulatory for supervisory, surveillance, regulatory, research, insurance assessment and informational purposes. The proposed revision to the Call Reports that is the subject of this request has been approved by the FFIEC.  A new Schedule RI-C, Disaggregated Data on the Allowance for Loan and Lease Losses (ALLL), would be added to the Call Report as of the March 31, 2013, report date and would be completed by institutions with $1 billion or more in total assets.  This proposed new schedule would enable the agencies to more finely focus their analyses related to the composition of these institutions' ALLLs and the changes therein over time, thereby aiding in evaluations of the appropriateness of the reported level of their ALLLs.  The reported data also would provide a better understanding of how institutions' ALLL practices and allocations differ for particular loan categories as economic conditions change     Consistent with longstanding practice, for the March 31, 2013, report date, institutions required to complete Schedule RI-C may provide reasonable estimates for any item in the schedule for which the requested information is not readily available.    

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Authorizing Statute(s): US Code: 12 USC 1817(a) Name of Law: Federal Deposit Insurance Act
  

Citations for New Statutory Requirements: US Code: 12 USC 1817(a) Name of Law: Dodd-Frank Act

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	77 FR 9727	02/17/2012
30-day Notice:	Federal Register Citation:	Citation Date:
	77 FR 67059	11/08/2012
Did the Agency receive public comments on this ICR? Yes

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Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
Consolidated Reports of Condition and Income (Call Report)	Schedule RI-C	Schedule RI-C Forms and Instructions

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ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to New Statute	Change Due to Agency Discretion	Change Due to Adjustment in Estimate	Change Due to Potential Violation of the PRA
Annual Number of Responses	18,124	18,520	0	0	-396	0
Annual Time Burden (Hours)	735,109	761,203	0	0	-26,094	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: The change in burden associated with this submission is caused by two factors:  (a) a net decrease in the number of reporting institutions supervised by the FDIC, and (b) the change to the Call Report that is the subject of this submission.   At present, there are 4,531 FDIC-supervised institutions, which is 99 less than previously reported (4,630 previously versus 4,531 now).  As previously noted, the proposed addition to the Call Report of new Schedule RI-C that is the subject of this submission will apply to institutions with $1 billion or more in total assets.  Thus, the FDIC estimates that the overall effect of the proposed reporting revision across the full range of institutions under its supervision would be a nominal increase in the burden estimate per response.  In addition, the first year burden for FDIC-supervised savings associations to convert systems and conduct training in connection with their conversion to filing the Call Report in place of the former Thrift Financial Report (TFR) as of the March 31, 2012, report date will be behind them when the proposed addition of Schedule RI-C to the Call Report takes effect. The analysis of the change in burden for the Call Report as it is proposed to be revised effective March 31, 2013, is as follows:    Currently approved burden FDIC-supervised institutions: Burden to file 749,923 hours FDIC-supervised savings associations: First year burden in 2012 to convert systems and conduct training 11,280 hours Total currently approved burden 761,203 hours Revisions to content of report (program change) FDIC-supervised institutions: Burden to file + 1,220 hours FDIC-supervised savings associations: Elimination of first year burden in 2012 to convert systems and conduct training - 11,280 hours Adjustment (change in use) FDIC-supervised institutions: Burden to file - 16,034 hours Requested (new) burden 735,109 hours Net change in burden: - 26,094 hours   The impact of the reporting changes covered by this submission will vary from affected institution to affected institution depending upon an institution's individual circumstances, particularly the composition of its loan portfolio.  

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Annual Cost to Federal Government:

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? Uncollected

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Common Form ICR:  No

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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:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(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;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

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.

Certification Date: 11/08/2012

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