Consolidated Reports of Condition and Income

ICR 202011-7100-003

OMB: 7100-0036

Federal Form Document

Forms and Documents
IC Document Collections
IC ID
Document
Title
Status
43112 Modified
ICR Details
7100-0036 202011-7100-003
Active 202005-7100-012
FRS FFIEC 031; FFIEC 041; FFIEC 051
Consolidated Reports of Condition and Income
Revision of a currently approved collection   No
Regular
Approved without change 12/30/2020
Retrieve Notice of Action (NOA) 11/25/2020
  Inventory as of this Action Requested Previously Approved
12/31/2023 36 Months From Approved 12/31/2020
2,956 0 3,024
134,202 0 137,199
0 0 0

The Board uses the information collected on the Call Reports to fulfill its statutory obligation to supervise state member banks. State member banks 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.

US Code: 12 USC 324 Name of Law: Federal Reserve Act
  
None

Not associated with rulemaking

  85 FR 44361 07/22/2020
85 FR 74784 11/23/2020
Yes

  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 2,956 3,024 0 0 -68 0
Annual Time Burden (Hours) 134,202 137,199 0 88 -3,085 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
Yes
Miscellaneous Actions
No
The estimated total annual burden for the Call Reports is 134,114 hours, and would increase to 134,202 hours with the proposed revisions. The average estimated hours per response for Board Call Report filers would increase from 45.37 hours to 45.40 hours due to the proposed changes.

$1,871,500
No
    Yes
    No
No
No
No
Yes
Mark Tokarski 202-452-5241 [email protected]

  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.
11/25/2020


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