Reports of Condition and Income (Interagency Call Report)

Forms and Documents

Document	Type	Status	Availability
Form FFIEC 031 (MA)-Reports of Condition and Income (Interagency Call Report)	Form	Modified	Available
1557-0081 Call Report 2-13-19 1052AM.docx	Supporting Statement A	Uploaded 2019-02-13	Available

IC Document Collections

IC ID	Collection	Type	Status	Form
41239	(MA)-Reports of Condition and Income (Interagency Call Report)	Form	Modified

ICR Details

OMB Control No: 1557-0081	ICR Reference No: 201902-1557-002
Status: Historical Active	Previous ICR Reference No: 201807-1557-002
Agency/Subagency: TREAS/OCC	Agency Tracking No:
Title: Reports of Condition and Income (Interagency 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: 03/26/2019
	Date Received in OIRA: 02/15/2019
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	03/31/2022	36 Months From Approved	03/31/2019
Responses	4,828	0	5,076
Time Burden (Hours)	220,929	0	232,836
Cost Burden (Dollars)	0	0	0

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Abstract: The OCC, Board, and FDIC (the agencies) propose to revise the Call Reports effective for the March 31, 2019, report date to implement the new Current Expected Credit Losses (CECL) accounting standard and associated revisions to provide regulatory capital relief to institutions implementing the standard. In addition, the agencies proposed revisions related to the definition of high volatility commercial real estate (HVCRE) and reciprocal deposits, as required by the Economic Growth, Regulatory Relief, and Consumer Protection Act of 2018.

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Authorizing Statute(s): US Code: 12 USC 181 Name of Law: The National Bank Act
  

Citations for New Statutory Requirements: PL: Pub.L. 115 - 174 214 Name of Law: Economic Growth, Regulatory Relief, and Consumer Protection 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:
	83 FR 49160	09/28/2018
30-day Notice:	Federal Register Citation:	Citation Date:
	84 FR 4132	02/14/2019
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
(MA)-Reports of Condition and Income (Interagency Call Report)	FFIEC 031, FFIEC 041, FFIEC 051, FFIEC 031, FFIEC 051, FFIEC 041	Consolidated Reports of Condition and Income for a Bank with Domestic and Foreign Offices ,   Consolidated Reports of Condition and Income for a Bank with Domestic Offices Only ,   Draft Reporting Form for Call Report Revisions Proposed to Take Effect March 31, 2019 ,   Consolidated Reports of Condition and Income for a Bank with Foreign and Domestic Offices ,   Consolidated Reports of Condition and Income for a Bank with Domestic Offices Only ,   Consolidated Reports of Condition and Income for a Bank with Domestic Offices Only and Total Assets Under $1 Billion

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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	4,828	5,076	-248	0	0	0
Annual Time Burden (Hours)	220,929	232,836	-11,907	0	0	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 burden per quarter is 45.76 hours for the OCC (totaling 220,929 hours per year). The change from the prior burden amount represents a savings of 925 hours related to the proposed reporting revisions and a reduction of 10,982 hours due to 60 fewer institutions filing the Call Report.

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Annual Cost to Federal Government: $0

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

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination.     No

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination.     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: 02/15/2019

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