Reports of Condition and Income (Interagency Call Report)
Revision of a currently approved collection
No
Emergency
05/22/2020
Approved without change
05/27/2020
05/20/2020
table that charts list comparision
Inventory as of this Action
Requested
Previously Approved
11/30/2020
6 Months From Approved
10/31/2020
4,544
0
4,572
191,802
0
188,549
0
0
0
The OCC requires the information collected on the Call Reports to fulfill its statutory obligation to supervise national banks and Federal savings associations. These institutions are required to file detailed schedules of assets, liabilities, and capital accounts in the form of a condition report and summary statement as well as detailed schedules of operating income and expense, sources and disposition of income, and changes in equity capital.
The Office of the Comptroller of the Currency (OCC), in coordination with the Board of Governors of the Federal Reserve System (Board), and the Federal Deposit Insurance Corporation (FDIC), (collectively, the "agencies"), each of which is submitting a separate request, hereby requests approval for revisions to the following currently approved collection of information pursuant to the Office of Management and Budget's (OMB) Paperwork Reduction Act (PRA) emergency processing procedures at 5 CFR § 1320.13:
Consolidated Reports of Condition and Income (Call Report) - FFIEC 031, FFIEC 041, and FFIEC 051 [OMB Nos. 7100-0036 (Board), 3064-0052 (FDIC), and 1557-0081 (OCC)]
Regulatory Capital Reporting for Institutions Subject to the Advanced Capital Adequacy Framework â FFIEC 101 [OMB Nos. 7100-0319 (Board), 3064-0159 (FDIC), and 1557-0239 (OCC)].
The OCC has determined that (1) the collection of information within the scope of this request is needed prior to the expiration of time periods established under 5 C.F.R. § 1320.12; (2) this collection of information is essential to the mission of the OCC; and (3) the OCC cannot reasonably comply with the normal clearance procedures because an unanticipated event has occurred and the use of normal clearance procedures is reasonably likely to prevent or disrupt the collection of information.
Additional justification is contained in the Supporting Statement and other supplementary documents uploaded into this ICR.
US Code:
12 USC 181
Name of Law: The National Bank Act
PL: Pub.L. 115 - 174 214 Name of Law: Economic Growth, Regulatory Relief, and Consumer Protection Act
FFIEC 031, FFIEC 051, FFIEC 051, FFIEC 031, FFIEC 041, FFIEC031, Schedules RC-C and RC-M, Schedules RC-C and RC-M, Schedules RC-C and RC-M
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table that charts list 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
4,544
4,572
0
0
-28
0
Annual Time Burden (Hours)
191,802
188,549
1,154
0
2,099
0
Annual Cost Burden (Dollars)
0
0
0
0
0
0
No
No
The increase in burden is due to the change in schedules.
$0
No
No
No
No
No
No
Yes
Kevin korzeniewski 202 874-4628
Reginfo record details
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.
(MA)-Reports of Condition and Income (Interagency Call Report)