FFIEC101_20200519_omb_emergency

Supporting Statement for the
Regulatory Capital Reporting for Institutions Subject to the
Advanced Capital Adequacy Framework
(FFIEC 101; OMB No. 7100-0319)
Summary
The Board of Governors of the Federal Reserve System (Board) requests approval from
the Office of Management and Budget (OMB) to revise the Federal Financial Institutions
Examination Council (FFIEC) Regulatory Capital Reporting for Institutions Subject to the
Advanced Capital Adequacy Framework (FFIEC 101; OMB No. 7100-0319) under the
emergency clearance provisions of OMB’s regulations. The FFIEC 101 collects data regarding
the levels and components of risk-based capital from firms subject to the Board’s advanced
approaches capital framework (advanced approaches framework), as well as data regarding the
supplementary leverage ratio (SLR) from firms subject to that requirement. The FFIEC 101 must
be filed quarterly by certain large or internationally active state member banks (SMBs), bank
holding companies (BHCs), savings and loan holding companies (SLHCs) that are subject to the
advanced approaches framework and other Board-regulated institutions that adopt the framework
on a voluntary basis (collectively, advanced approaches banking organizations); additionally,
certain BHCs, SLHCs, SMBs, and U.S. intermediate holding companies (IHCs) that are not
advanced approaches banking organizations must report only certain information regarding the
SLR. The revisions to the FFIEC 101 that are the subject of this request have been approved by
the FFIEC. The Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller
of the Currency (OCC) have also submitted similar requests for OMB review to request this
information from banks under their supervision.
The Board, FDIC, and OCC (the agencies) propose to revise the FFIEC 101 effective
beginning with reports for the June 30, 2020, report date. In connection with this request, the
agencies are providing a summary of three interim final rules (IFRs) and associated FFIEC 101
reporting revisions in response to disruptions related to the coronavirus disease 2019
(COVID-19). Although the proposal would substantively change the actual calculation of
FFIEC 101 items, as discussed below, the change would be minimal and would result in a zero
net change in estimated hourly burden under the agencies’ information collections. The current
estimated total annual burden for the FFIEC 101 is 35,288 hours, and would not change with the
proposed revision. The forms and instructions are available on the FFIEC’s public website at
https://www.ffiec.gov/ffiec_report_forms.htm.
Background and Justification
A number of federal laws require the Board to establish capital requirements for entities it
supervises.1 The Board’s current risk-based and leverage capital standards are codified in the
1

Section 171 of the Dodd-Frank Wall Street Reform and Consumer Protection Act requires the Board to establish
minimum risk-based and leverage capital requirements on a consolidated basis for the insured depository
institutions, depository institution holding companies, and nonbank financial companies it supervises (12 U.S.C.
§ 5371(b)(1)-(2)). Further, the International Lending Supervision Act of 1983 (12 U.S.C. § 3907(a)(1)) mandates

Board’s Regulation Q - Capital Adequacy of Bank Holding Companies, Savings and Loan
Holding Companies, and State Member Banks (12 CFR Part 217). The Board’s risk-based capital
standards include an advanced approaches capital framework for large and internationally active
banking organizations. Banking organizations that use this framework report information related
to their risk-based capital requirements using the FFIEC 101.
With respect to the advanced approaches framework, the Board uses the data reported on
the FFIEC 101 to:
 Assess the components of each advanced approaches banking organization’s risk-based
capital requirements,
 Assess each advanced approaches banking organization’s capital relative to inherent risks
and the Board’s minimum capital requirements,
 Assess the components of each advanced approaches banking organization and top-tier
Category III BHCs, SHCs, and SMBs, and all Category III IHCs of its SLR. The SLR is
the ratio of tier 1 capital to total leverage exposure, as defined in the regulatory capital
rule,
 Monitor the levels and components of the risk-based capital requirements for advanced
approaches banking organizations through peer, outlier, and risk trend analyses,
 Evaluate the quantitative impact and competitive implications of the implementation of
the framework on risk-based capital levels within advanced approaches banking
organizations and on an overall industry basis,
 Ensure that the advanced approaches framework is implemented in the United States in a
safe and sound manner,
 Provide market participants, depositors, the public, supervisors, and other interested
parties with information about advanced approaches banking organizations’ risk-based
capital, and
 Supplement on-site examination processes and decisions pertaining to the allocation of
supervisory resources.
The information collected by the FFIEC 101 is not available from other sources.
Description of Information Collection
The mandatory FFIEC 101 report collects information from all Board-regulated advanced
approaches banking organizations, as well as information regarding the SLR from Category III
institutions. Advanced approaches banking organizations are required to submit detailed data on
the components of their capital and risk-weighted assets in nineteen schedules (A through S).
Category III institutions must complete only Schedule A, SLR Tables 1 and 2.
Advanced Approaches Regulatory Capital and Summary Risk-Weighted Asset
Information. Schedule A collects information about the components of Tier 1 capital, Tier 2
capital, and adjustments to regulatory capital as defined within the rule. Schedule B contains
that each federal banking agency require banks to achieve and maintain adequate capital by establishing minimum
levels of capital or by other methods that the agency may deem appropriate and section 38(c) of the Federal Deposit
Insurance Act (12 U.S.C. § 1831o(c)) requires each federal banking agency to adopt a risk-based capital requirement
for insured depository institutions.

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summary information about risk-weighted assets by risk type, and, in the case of credit risk
exposures, outstanding balances and aggregated information about the drivers and estimates that
underlie the calculation of risk-weighted assets. Tables 1 and 2 of Schedule A collect
information about each advanced approaches banking organization and top-tier Category III
BHCs, SHCs, and SMBs, and all Category III IHCs SLR, the ratio of tier 1 capital to total
leverage exposure. Table 1 reconciles balance sheet assets reported in published financial
statements and total leverage exposure. Table 2 collects components of on-balance sheet and offbalance sheet exposures, for the calculation of total leverage exposure, tier 1 capital, and the
calculation of the SLR.
Schedule B collects general exposure information from advanced approaches banking
organizations. Respondents must report:
 Wholesale exposures, including separate reporting for the following types of exposures:
Corporate; Bank; Sovereign; Income producing real estate; High volatility commercial
real estate; Eligible margin loans, repo-style transactions, and OTC derivatives with cross
product netting; and Eligible margin loans, repo-style transactions, and OTC derivatives
without cross product netting,
 Retail Exposures, including separate reporting for the following types of exposures:
Residential mortgage closed-end first liens, Residential mortgage closed-end junior liens,
Residential mortgage revolving exposures, Qualifying revolving exposures, and Other
retail exposures,
 Securitization exposures,
 Cleared transactions, including separate reporting for the following types of exposures:
Derivative contracts and netting sets to derivatives, Repo-style transactions, and Default
fund contributions,
 Equity exposures, and
 Other assets; including separate reporting for the following types of exposures: Unsettled
transactions, Assets not included in a defined exposure category, Non-material portfolios
of exposures, Credit valuation adjustments, Assets subject to the general risk-based
capital requirements, Excess eligible credit reserves not included in Tier 2 capital,
Advanced market risk equivalent assets; and Operational risk.
Some of the aggregate data items submitted in Schedule B are derived from information
contained in the more detailed confidential supporting schedules described below. The data
contained in Schedule B describe the main summary-level components of respondents’ riskweighted assets.
Wholesale Exposures. Schedules C through J request data on respondents’ wholesale
exposures. Each schedule represents a sub-portfolio of the wholesale exposure category as listed
on Schedule B. For each reported sub-portfolio, the schedule groups exposures into sub-portfolio
segments using supervisor-defined probability of default (PD) ranges. The reported cells within
these schedules then describe the main risk parameters and characteristics of each sub-portfolio
segment.
Retail Exposures. Schedules K through O request data on respondents’ retail exposure
category. Each schedule represents a sub-portfolio of the retail exposure category as listed on
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Schedule B. PD ranges are used to sub-divide each sub-portfolio into segments.2 The reported
cells within these schedules then describe the main risk parameters and characteristics of each
sub-portfolio segment. The retail schedules also incorporate risk characteristics that are believed
to be commonly used drivers within respondents’ risk management and measurement processes,
including the distribution of each sub-portfolio segment by loan-to-value ranges (applies only to
real estate exposures), weighted average credit bureau score, and weighted average account age. 3
Securitization Exposures. Schedule P requests data on respondents’ securitization and
resecuritization exposures that are subject to either the supervisory formula approach, the
simplified supervisory formula approach, a 1250 percent risk weight, or deduction. A respondent
completes Schedule P by providing information on exposure amount, risk-weighted asset
amount, and deduction amount for each securitization and resecuritization based on the treatment
the exposure is subject to under the rule.
Cleared Transactions. Schedule Q requests data on respondents’ cleared transaction
exposures. The schedule divides cleared transactions into subcategories relating to the Clearing
member client bank and to the Clearing member bank. For the Clearing member client bank
category, a respondent completes Schedule Q by providing exposure amount and risk weighted
asset amount information on derivative contracts or netting sets of derivative contracts and repostyle transactions. Schedule Q requests that respondents’ provide exposure amount from default
fund contributions and risk-weighted asset amounts for exposures within the Clearing member
bank category, which include derivative contracts or netting sets of derivative contracts, repostyle transactions, and default fund contributions to non-qualified and qualified central
counterparties.
Equities. Schedule R requests information about respondents’ equity exposures by type of
exposure and by approach to measuring required capital. Schedule R also requests information
on equity exposures subject to specific risk weights and equity exposures to investment funds. A
respondent completes the appropriate section of the schedule based on whether it uses a simple
risk-weight approach, a full internal models approach, or a partially modeled approach to
measuring required capital for equity exposures.
Operational Risk. Schedule S requests data on respondents’ operational risk exposure.
Data items submitted in this schedule include various details about historical operational losses,
on a stand-alone and group-wide basis, for the current reporting period and those historical
operational losses used to model operational risk capital. The schedule also requests data related
to scenarios, distribution assumptions, and loss caps used to model operational risk capital.
Respondent Panel
The FFIEC 101 respondent panel consists of all SMBs, BHCs, and SLHCs that are
subject to the Board’s advanced approaches capital framework pursuant to 12 CFR 217.100(b),
2

Unlike the wholesale credit exposure reporting schedules, the PD ranges for retail exposures differ from subportfolio to sub-portfolio.
3
For qualifying revolving exposures and other (non-mortgage) retail exposures, the exposure at default of accounts
under two years old is reported instead of weighted average age for each sub-portfolio exposure segment.

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which must submit all schedules of the FFIEC 101, as well as all BHCs, SLHCs, SMBs, and
IHCs that are Category III institutions, as defined in 12 CFR 217.2, which must complete only
Schedule A, SLR Tables 1 and 2.
Proposed Revisions
The agencies propose under the emergency clearance provisions of OMB’s regulations to
revise the FFIEC 101 effective beginning with the June 30, 2020, report date. The agencies have
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 CFR 1320.10, (2) this collection of
information is essential to the mission of the agencies, and (3) the agencies 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.
Recent events have suddenly and significantly impacted financial markets. The spread of
COVID-19 has disrupted economic activity in many countries. In addition, financial markets
have experienced significant volatility. The magnitude and persistence of the overall effects on
the economy remain highly uncertain. Small businesses are facing severe liquidity constraints
and a collapse in revenue streams. In light of these developments, banking organizations may
realize a sudden, unanticipated drop in capital ratios and liquidity. This could create a strong
incentive for these banking organizations to limit their lending and other financial intermediation
activities in order to avoid facing abrupt regulatory capital and liquidity limitations.
Recently, the agencies issued an IFR to make changes to their regulatory capital rules to
facilitate banking organizations’ use of the Board’s emergency facility and to support prudent
lending. Also, the agencies issued two IFRs to ease strains in the Treasury market and increase
banking organizations’ ability to provide credit to households and businesses. The IFRs,
discussed below, affect data collected on the FFIEC 101. The IFRs were issued with immediate
effective dates. As stated in the Federal Register notices, the agencies believe that, in light of
current market uncertainty, the public interest is best served by implementing the IFRs as soon as
possible. Therefore, the agencies request emergency clearance from OMB to permit revisions to
the FFIEC 101, beginning with the June 30, 2020, report date, to reflect regulatory amendments
made by these IFRs.
Paycheck Protection Program Liquidity Facility (PPPLF) - Interim Final Rule
Section 1102 of the CARES Act allows for banking organizations to make loans under
the Paycheck Protection Program (PPP)4 program of the Small Business Administration (SBA)
in connection with COVID-19 disruptions to small businesses (referred to as PPP loans or PPP
covered loans). While the loans are funded by the banking organizations, they receive a
guarantee from the SBA. The statute specified that these loans should receive a zero percent risk
weight for regulatory capital purposes. The Federal Reserve subsequently established a liquidity
facility to permit banking organizations to obtain non-recourse loans, for which PPP loans are
pledged to the facility, to provide additional liquidity.
4

See 85 FR 20811 (April 15, 2020).

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On April 13, 2020, the agencies published an IFR (PPPLF IFR) with an immediate
effective date, which permits banking organizations to exclude from regulatory capital
requirements PPP loans pledged to the PPPLF.5 The IFR modifies the agencies’ capital rule to
allow banking organizations to neutralize the effects on their risk-based and leverage capital
ratios of making PPP loans that are pledged to the PPPLF. Specifically, a banking organization
may exclude from its total leverage exposure, average total consolidated assets, standardized
total risk-weighted assets, and advanced approaches total risk-weighted assets, as applicable, any
exposure from a PPP loan pledged to the PPPLF. The interim final rule also codified the
statutory zero percent risk weight for PPP loans; however, the PPP loans already received a zero
percent risk weight under the agencies’ existing capital rules as an exposure directly and
unconditionally guaranteed by an agency of the U.S. government.
The agencies propose certain revisions to the FFIEC 101 to reflect the provisions of the
PPPLF IFR. Pursuant to the revisions, advanced approaches banking organizations would not
include PPP loans in “Total risk-weighted assets” under the advanced approaches data items
reported in the FFIEC 101, Schedule A, item 60. Since these loans already receive a zero percent
risk weight, PPP loans are effectively excluded from risk-weighted assets under the current
capital rule and the related reporting provisions.
Additionally, for banking organizations subject to the supplementary leverage ratio
requirement, PPP loans would be deducted from the calculation of total leverage exposure for the
supplementary leverage ratio. Top-tier advanced approaches and Category III banking
organizations would include PPP loans in the FFIEC 101, Schedule A, Supplementary Leverage
Ratio (SLR) Table 1, item 1.7.c, “Adjustments for deductions of qualifying central bank deposits
for custodial banking organizations,” and in SLR Table 2, item 2.2.b, “Deductions of qualifying
central bank deposits from total on-balance sheet exposures for custodial banking organizations,”
even if the banking organization is not a custodial banking organization.
Temporary Exclusion of U.S. Treasury Securities and Deposits at Federal Reserve Banks
from the Supplementary Leverage Ratio (SLR) - Interim Final Rules
On April 14, 2020, the Board published in the Federal Register an IFR (Holding
Company SLR IFR)6 to temporarily exclude U.S. Treasury Securities (Treasuries) and deposits
in their accounts at Federal Reserve Banks (deposits at Federal Reserve Banks) from total
leverage exposure for BHCs, SLHCs, and IHCs subject to the supplementary leverage ratio
through March 31, 2021.
On May 15, 2020, the agencies issued an interim final rule7 to provide depository
institutions subject to the supplementary leverage ratio the ability to temporarily exclude
Treasuries ad deposits at Federal Reserve Banks from total leverage exposure (Depository
Institution SLR IFR). An electing depository institution must notify its primary Federal banking
regulator of its election within 30 days after the interim final rule is effective. The interim final
rule will terminate after March 31, 2021.
5

85 FR 20387 (April 13, 2020).
85 FR 20578 (April 14, 2020).
7
See https://www.federalreserve.gov/newsevents/pressreleases/bcreg20200515a.htm.
6

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The agencies propose certain revisions to the FFIEC 101 to reflect the provisions of the
Holding Company SLR IFR and Depository Institution SLR IFR. For top-tier advanced
approaches and Category III BHCs, SLHCs, and IHCs (and top-tier advanced approaches and
Category III electing depository institutions), Treasuries and deposits at Federal Reserve Banks
would continue to be reported in the FFIEC 101, Schedule A, SLR Tables. Custodial banking
organizations would also be able to exclude from the SLR Tables deposits with qualifying
foreign central banks subject to the limits in the a recent final rule implementing section 402 of
the Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRRCPA),8 in
addition to the deductions under SLR IFRs. Specifically, Treasuries and deposits at Federal
Reserve Banks would be reported in SLR Table 1, item 1.7.c, “Adjustments for deductions of
qualifying central bank deposits for custodial banking organizations” and SLR Table 2, item
2.2.b, “Deductions of qualifying central bank deposits from total on-balance sheet exposures for
custodial banking organizations,” even if a banking organization is not a custodial banking
organization. For purposes of reporting the supplementary leverage ratio as of June 30, 2020,
banking organizations would be permitted to reflect the exclusion of Treasuries and deposits at
Federal Reserve Banks from total leverage exposure as if these interim final rules had been in
effect for the entire second quarter of 2020. The temporary exclusions from total leverage
exposure would be available through the March 31, 2021, report date.
Time Schedule for Information Collection and Publication
The FFIEC 101 is collected quarterly as of the end of the last calendar day of March,
June, September, and December. Respondents must begin reporting on the FFIEC 101,
Schedule A, except for a few specific line items, beginning with the calendar quarter
immediately following the quarter in which the respondent becomes an advanced approaches or
Category III banking institution (Schedule A, SLR Tables 1 and 2 only for Category III banking
institutions), or elects to use the advanced approaches rule (an opt-in institution), and must begin
reporting data on the remaining schedules (except for Category III banking institutions) of the
FFIEC 101 at the end of the first quarter in which they have begun their parallel run period.
The report due dates are 60 days following the end of a quarter while a respondent is in
its parallel run period. After completing its parallel run period, the report due dates are the same
as the report due dates currently required of respondents when filing their respective Call Report
or FR Y-9C9. SMBs must submit the FFIEC 101 to the appropriate Federal Reserve Bank within
thirty calendar days following the as-of date; a five-day extension may be given to banks with
more than one foreign office. BHCs, SLHCs, and IHCs must submit the FFIEC 101 to the
appropriate Federal Reserve Bank within forty calendar days after the March 31, June 30, and
September 30 as of dates unless that day falls on a weekend or holiday (received on the first
business day after the Saturday, Sunday, or holiday) and within forty-five calendars days after
the December 31 as of date.
8

The agencies recently issued a final rule, effective April 1, 2020, which implements section 402 of EGRRCPA by
amending the capital rule to allow a banking organization that qualifies as a custodial banking organization to
exclude from total leverage exposure deposits at qualifying central banks, subject to limits (402 rule). 85 FR 4569
(January 27, 2020). OMB approved the reporting changes associated with the 402 rule in March 2020.
9
Consolidated Reports of Condition and Income (Call Reports) (FFIEC 031, FFIEC 041, and FFIEC 051; OMB
Number 7100-0036) and the Consolidated Financial Statements for Holding Companies (FR Y-9C; OMB Number
7100-0128).

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In general, a reporting entity should maintain in its files a signed and attested record of its
completed FFIEC 101 report, including any amended reports, and the related work papers and
supporting documentation for five years after the report date, unless there are applicable state
requirements that mandate a longer retention time.
Public Availability of Data
For report dates before a reporting institution has completed its parallel run period,
Schedule A will be available to the public, except for items 78 (total eligible credit reserves
calculated under the advanced approaches rules), 79 (amount of eligible credit reserves
includable in tier 2 capital), 86 (expected credit loss that exceeds eligible credit reserves);
87 (advanced approaches risk-weighted assets), 88 (common equity tier 1 capital ratio calculated
using the advanced approaches), 89 (additional tier 1 capital ratio calculated using the advanced
approaches), and 90 (total capital ratio using the advanced approaches). Information reported in
all other schedules of the FFIEC 101 are confidential. For report dates after a reporting
institution has completed its parallel run period, all items reported in Schedules A and B (except
for Schedule B, items 31.a and 31.b, column D) and items 1 and 2 of Schedule S are available to
the public. All other items reported in the FFIEC 101 are confidential. Note that for both before
and after an institution has completed its parallel run period, all items reported on Schedule A,
SLR Tables 1 and 2, are available to the public.
Individual respondent data, excluding confidential information, are available on the
National Information Center public website.
Legal Status
The Board is authorized to collect the information on the FFIEC 101 report from SMBs
pursuant to section 9(6) of the Federal Reserve Act (12 U.S.C. § 324), from BHCs pursuant to
section 5(c) of the Bank Holding Company Act of 1956 (BHC Act) (12 U.S.C. § 1844(c)(1)(a)),
from SLHCs pursuant to section 10 of the Home Owners’ Loan Act (12 U.S.C. § 1467a(b)(2)),
and from IHCs pursuant to section 5(c) of the BHC Act (12 U.S.C. § 1844(c)(1)(A)), as well as
pursuant to sections 102(a)(1) and 165 of the Dodd-Frank Wall Street and Consumer Protection
Act (Dodd-Frank Act) (12 U.S.C. §§ 5311(a)(1) and 5365),10 and sections 8(a) and 13(a) of the
International Banking Act of 1978 (12 U.S.C. §§ 3106(a) and 3108(a)). The quarterly FFIEC 101
report is mandatory for reporting institutions.
For report dates before a reporting institution has completed its parallel run period,
Section 165(b)(2) of Title I of the Dodd-Frank Act (12 U.S.C. § 5365(b)(2)), refers to “foreign-based bank
holding company.” Section 102(a)(1) of the Dodd-Frank Act (12 U.S.C. § 5311(a)(1)), defines “bank holding
company” for purposes of Title I of the Dodd-Frank Act to include foreign banking organizations that are treated as
bank holding companies under section 8(a) of the International Banking Act of 1978 (12 U.S.C. § 3106(a)). The
Board has required, pursuant to section 165(b)(1)(B)(iv) of the Dodd-Frank Act (12 U.S.C. § 5365(b)(1)(B)(iv)),
certain of the foreign banking organizations that are subject to section 165 of the Dodd-Frank Act to form U.S.
intermediate holding companies. Accordingly, the parent foreign-based organization of a U.S. IHC is treated as a
BHC for purposes of the BHC Act and section 165 of the Dodd-Frank Act. Because section 5(c) of the BHC Act
authorizes the Board to require reports from subsidiaries of BHCs, section 5(c) provides additional authority to
require U.S. IHCs to report the information contained in the FFIEC 101 report.
10

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Schedule A, except for items 78, 79, and 86-90, is released to the public. Items 78, 79, and 86-90
on Schedule A and all of the information reported in Schedules B through S are withheld as
confidential. For report dates after an institution has completed its parallel run period, all of the
data items in Schedules A and B, except for Schedule B, items 31.a and 31.b, column D, and data
items 1 and 2 of Schedule S are released to the public. Data items 31.a and 31.b, column D of
Schedule B, and all of the data items in Schedules C through S, except for Schedule S, data items
1 and 2, continue to be withheld as confidential after the institution’s parallel run period is
completed.
Data items 78, 79, and 86-90 of Schedule A collect information on total eligible credit
reserves, risk weighted assets, tier one capital ratios and other data calculated using advanced
approaches. Schedule B contains summary information about risk-weighted assets and
aggregated information that underlie the calculation of risk-weight assets using advanced
approaches. Data items 1 and 2 of Schedule S reflect high-level information on an institution’s
total risk-based capital requirement for operational risk. During the parallel run period,
supervisors may request a banking organization amend its internal models, risk measurement,
and management infrastructure to implement calculations using advanced approaches. Public
disclosure of the above referenced data items before the parallel run period is completed could
lead investors, competitors, and the public to misjudge the financial health of the institutions,
when in fact there has been no change to their underlying fundamentals and, therefore, could
result in substantial competitive harm. Thus, data items 78, 79, and 86-90 of Schedule A, all of
Schedule B (except for data items 31.a and 31.b, column D), and data items 1 and 2 of
Schedule S only will be released to the public by the FFIEC for the reporting periods after the
institution’s parallel run period is completed.11 Before completion of the parallel run period, such
information may be withheld as confidential pursuant to exemption 4 of the Freedom of
Information Act (FOIA), which exempts from disclosure “trade secrets and commercial or
financial information obtained from a person and privileged or confidential” (5 U.S.C. §
552(b)(4)).
Data items 31.a and 31.b, column D of Schedule B, data items 3-24 of Schedule S, and all
of the data items in Schedules C through R. The data items found in these schedules contain
more detailed information than are included in the public schedules, including sensitive
information breaking down individual banking organization exposures to borrowers by
probability of default, exposures at default, and detailed information on the data used to model
operational risk capital. Disclosure of this information could result in substantial competitive
harm to the reporting institution, particularly because other financial institutions, which are not
required to publicly report such data, would competitively benefit from the public disclosure of
such detailed information by each reporting institution. Accordingly, these items are withheld as
confidential pursuant to exemption 4 of the FOIA after the parallel run period.
If a reporting institution believes that disclosing the data items designated for public
disclosure on the FFIEC 101 report is reasonably likely to result in substantial harm to its

Before determining an institution’s risk-based capital requirements, the institution must conduct a parallel run of
no less than four consecutive calendar quarters during which it complies with the qualification requirements in
12 CFR 217.122 to the Board’s satisfaction (12 CFR 217.121).
11

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competitive position, then consistent with exemption 4 of the FOIA, the respondent may request
confidential treatment for such information, which will be evaluated on a case-by-case basis.
Finally, the Board uses data from the FFIEC 101 to supplement on-site examination
processes. Therefore, this information can be kept confidential under exemption 8 of FOIA
(5 U.S.C. § 552(b)(8)), which specifically exempts from disclosure information “contained in or
related to examination, operating, or condition reports prepared by, on behalf of, or for the use of
an agency responsible for the regulation or supervision of financial institutions.”
Consultation Outside the Agency
The Board, FDIC, and OCC coordinated in developing these revisions. The agencies will
follow this request for emergency processing with a request under normal clearance procedures,
during which comments will be solicited for the typical 60-day and 30-day periods. All
comments received on paperwork burden, whether during the 60-day or 30-day comment
periods, will be considered in finalizing the collection.
Estimate of Respondent Burden
As shown in the table below, the estimated total annual burden for the FFIEC 101 is
35,288, and would remain unchanged with the proposed revisions. These reporting requirements
represent less than 1 percent of the Board’s total paperwork burden.
Estimated
Estimated
Annual
number of
average hours
frequency
respondents12
per response
4
4
674
9
4
677

FFIEC 101
SMBs
BHCs and SLHCs
BHCs and SLHCs
(SLR Tables 1 and 2 only)
IHCs

5
6

4
4

Total

3
3

Estimated
annual burden
hours
10,784
24,372
60
72
35,288

The estimated total annual cost to the public for the FFIEC 101 is $2,037,882.13
Sensitive Questions
This collection of information contains no questions of a sensitive nature, as defined by
OMB guidelines.
12

Of these respondents, none are considered small entities as defined by the Small Business Administration (i.e.,
entities with less than $600 million in total assets), https://www.sba.gov/document/support--table-size-standards.
13
Total cost to the public was estimated using the following formula: percent of staff time, multiplied by annual
burden hours, multiplied by hourly rates (30% Office & Administrative Support at $19, 45% Financial Managers at
$71, 15% Lawyers at $69, and 10% Chief Executives at $96). Hourly rates for each occupational group are the
(rounded) mean hourly wages from the Bureau of Labor and Statistics (BLS), Occupational Employment and Wages
May 2018, published March 29, 2019, https://www.bls.gov/news.release/ocwage.t01.htm. Occupations are defined
using the BLS Occupational Classification System, https://www.bls.gov/soc/.

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Estimate of Cost to the Federal Reserve System
The estimated cost to the Federal Reserve System for collecting and processing this
information collection is $157,700 per year.

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