Institutions submit Call Report data
to the agencies 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 on-site and off-site examinations, and monetary and other
public policy purposes. The agencies use Call Report 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. Call
Report data are also used to calculate institutions' deposit
insurance and Financing Corporation assessments and national banks'
and federal savings associations' semiannual assessment fees. In
February 21, 2013, the Agencies requested public comment for 60
days on a proposal to extend, with revision, the Call Report. After
considering the comments received on the proposal, the FFIEC and
the agencies announced their final decisions regarding certain
proposed revisions on May 23, 2013, which took effect June 30,
2013. The agencies also announced they were continuing to evaluate
the other Call Report changes proposed in February 2013 in light of
the comments received and would not implement these changes as of
June 30, 2013 (and, in one case, as of December 31, 2013), as had
been proposed. The FFIEC and the agencies have now completed their
evaluation of these other proposed changes and plan to implement in
March 2014 the proposed reporting requirements for depository
institution trade names; a modified version of the reporting
proposal pertaining to international remittance transfers; the
proposed screening question about the reporting institution's
offering of consumer deposit accounts; and, for institutions with
$1 billion or more in total assets that offer such accounts, the
proposed new data items on consumer deposit account balances. The
FFIEC and the agencies would then implement the proposed breakdown
of consumer deposit account service charges in March 2015, but only
for institutions with $1 billion or more in total assets that offer
consumer deposit accounts. The proposed instructions for these new
items have been revised in response to comments received. In
addition, the FFIEC and the agencies have decided not to proceed at
this time with the proposed annual reporting by institutions with a
parent holding company that is not a bank or savings and loan
holding company of the amount of the parent holding company's
consolidated total liabilities.
US Code:
12
USC 181 Name of Law: The National Bank Act
US Code: 12 USC 1 et seq. Name of Law:
National Banking Act
The increase in burden is due
to the revisions to existing line items and the addition of others
as described in the Abstract.
$0
No
No
No
No
No
Uncollected
Kevin korzeniewski 202
874-4628
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 Changes Following Basel III Changes) (Final v2).docx
(MA)-Reports of Condition and Income (Interagency Call Report)