Reports of Condition and Income (Interagency Call Report)

ICR 201607-1557-001

OMB: 1557-0081

Federal Form Document

Forms and Documents
IC Document Collections
ICR Details
1557-0081 201607-1557-001
Historical Active 201411-1557-002
TREAS/OCC
Reports of Condition and Income (Interagency Call Report)
Revision of a currently approved collection   No
Regular
Approved without change 09/28/2016
Retrieve Notice of Action (NOA) 07/13/2016
  Inventory as of this Action Requested Previously Approved
09/30/2019 36 Months From Approved 03/31/2018
5,648 0 6,700
335,265 0 399,588
0 0 0

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. The agencies are making changes to the risk-weighted assets portion of Schedule RC-R, Regulatory Capital, and to line items related to securities lent and borrowed in Schedule RC-L, Derivatives and Off-Balance Sheet Items, in the Consolidated Reports of Condition and Income (Call Report or FFIEC 031 and FFIEC 041). The revisions to the Call Report are consistent with the revised regulatory capital rules published by the agencies (revised regulatory capital rules). The proposed revised risk-weighted assets portion of Schedule RC-R and the proposed changes to Schedule RC-L will take effect as of the March 31, 2015, report date.

US Code: 12 USC 181 Name of Law: The National Bank Act
  
None

Not associated with rulemaking

  80 FR 56539 09/18/2015
81 FR 45357 07/13/2016
Yes

1
IC Title Form No. Form Name
(MA)-Reports of Condition and Income (Interagency Call Report) FFIEC 031, FFIEC 041, FFIEC 031, FFIEC 041 Consolidated Reports of Condition and Income ,   Consolidated Reports of Condition and Income ,   Proposed Changes ,   Proposed Changes

  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 5,648 6,700 0 0 -1,052 0
Annual Time Burden (Hours) 335,265 399,588 0 -1,582 -62,741 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
Yes
Miscellaneous Actions
The decrease in burden is primarily due to the decrease in the number of regulated entities. The remainder of the decrease is due to the change in reporting requirements.

$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.
07/13/2016


© 2024 OMB.report | Privacy Policy