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SUPPLEMENTAL INSTRUCTIONS – JUNE 2026

FFIEC

Federal Financial Institutions Examination Council
Arlington, VA 22226

CALL REPORT DATE: June 30, 2026
SECOND 2026 CALL, NUMBER 316

SUPPLEMENTAL INSTRUCTIONS
June 2026 Call Report Materials
There are two new data items in the FFIEC 031 Call Report form this quarter and the FFIEC 031-041
instructions have been updated accordingly. These revisions are consistent with changes to the agencies’
regulatory capital rule published by the agencies in the Federal Register December 1, 2025, which modifies
the enhanced supplementary leverage ratio standards applicable to U.S. global systemically important bank
holding companies and their subsidiary depository institutions (see FIL-57-2025). There are no new data items
in the FFIEC 041 and FFIEC 051 Call Report forms and no updates to the FFIEC 051 instructions this quarter.
A new topic, “Community Bank Leverage Ratio,” has been added to the Supplemental Instructions for June
2026 to provide information on the final capital rule related to the community bank leverage ratio requirements.
The topic “Enhanced Supplementary Leverage Ratio” has been removed from the Supplemental Instructions
since the FFIEC 031 instructions have been updated for these revisions this quarter.
The instructions for the FFIEC 031, FFIEC 041, and FFIEC 051 Call Reports for June 2026 are available for
printing and downloading from the FFIEC’s website (https://www.ffiec.gov/ffiec_report_forms.htm) and the FDIC’s
website (https://www.fdic.gov/callreports). Sample FFIEC 031, FFIEC 041, and FFIEC 051 Call Report forms,
including the cover (signature) page, for June 2026 also can be printed and downloaded from these websites.
In addition, institutions that use Call Report software generally can print paper copies of blank forms from their
software. Please ensure that the individual responsible for preparing the Call Report at your institution has been
notified about the electronic availability of the June 2026 report forms, instructions, and these Supplemental
Instructions. The locations of substantive changes to the text of the previous quarter’s Supplemental
Instructions, if any, are identified by a vertical line in the right margin.
Submission of Completed Reports
Each institution’s Call Report data must be submitted electronically to the FFIEC's Central Data Repository
(CDR) (https://cdr.ffiec.gov/cdr/). The CDR Help Desk is available from 9:00 a.m. until 8:00 p.m., Eastern
Time, Monday through Friday, to provide assistance with user accounts, passwords, and other CDR systemrelated issues. The CDR Help Desk can be reached by telephone at (888) CDR-3111, by fax at (703) 7743946, or by e-mail at [email protected].
Information on vendors that offer Call Report preparation software is available from the CDR Help Desk.
Amending Previously Submitted Report Data
Should your institution find that it needs to revise previously submitted Call Report data, please make the
appropriate changes to the data, ensure that the revised data passes the FFIEC-published validation criteria,
and submit the revised data file to the CDR using the same processes as the original filing.
Community Bank Leverage Ratio
On April 23, 2026, the banking agencies adopted a final rule to lower the community bank leverage ratio
(CBLR) requirement from 9 percent to 8 percent and extend the two-quarter grace period to four quarters. The
final rule is effective July 1, 2026. For more information, refer to the final rule published in the Federal
Register on April 29, 2026 (91 FR 22973).
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SUPPLEMENTAL INSTRUCTIONS – JUNE 2026

FDIC Special Assessment
On November 16, 2023, the FDIC Board of Directors adopted a final rule (88 FR 83329) to implement a
special assessment to recover the estimated loss to the Deposit Insurance Fund (DIF) associated with
protecting uninsured depositors following certain 2023 bank closures. On December 16, 2025, the FDIC Board
of Directors adopted an interim final rule (90 FR 59369) to reduce the rate at which the special assessment will
be collected in the eighth collection quarter, remove the extended assessment period provision, and to provide
an offset to regular quarterly deposit insurance assessments for banks subject to the special assessment if the
amount collected exceeds losses following the resolution of litigation between the FDIC and SVB Financial
Trust (SVBFT).
For Call Report purposes, each institution subject to this special assessment should account for it in
accordance with ASC Subtopic 450-20. The estimated amount of the special assessment should be accrued
as a liability (Schedule RC-G, Other Liabilities, item 1.b, “Other expenses accrued and unpaid”) and an
expense (Schedule RI, Income Statement, item 7.d, “Other noninterest expense”, and Schedule RI-E,
Explanations, item 2.g, “Other noninterest expense: FDIC deposit insurance assessments”). As with all failed
bank loss estimates, the loss estimates to be recovered by the special assessment will be periodically
adjusted as FDIC as the receiver of the failed bank sells assets, satisfies liabilities, and incurs receivership
expenses.
If an institution had accrued its best estimate of the liability for the special assessment and the related
expense, based on the November 2023 final rule, an institution should adjust its previous accrual based on
subsequent notifications from the FDIC, including the update on the eighth quarterly collection the FDIC
provided through deposit insurance assessment invoices due March 30, 2026, relating to changes in the total
special assessment in accordance with ASC Subtopic 450-20.
Recently Issued Accounting Standards Updates
Accounting for Internal-Use Software
In September 2025, the FASB issued ASU 2025-06, “Intangibles–Goodwill and Other–Internal-Use Software
(Subtopic 350-40),” which amended the guidance on accounting for internal-use software costs to align more
closely with current software development methods. These amendments apply to all entities subject to
guidance in Accounting Standards Codification (ASC) Subtopic 350-40, Intangibles—Goodwill and Other—
Internal-Use Software. Under the new standard, entities will start capitalizing eligible costs when management
has authorized and committed to funding the software project, and it is probable that the project will be
completed and the software will be used to perform the function intended (referred to as the “probable-tocomplete recognition threshold”). In evaluating this threshold, an entity is required to consider whether there is
significant uncertainty associated with the development activities of the software.
The amendments in the ASU are effective for all entities for annual reporting periods beginning after
December 15, 2027, and interim reporting periods within those annual reporting periods. The new guidance
can be applied on a prospective transition approach, modified transition approach, or retrospective transition
approach. Early adoption of ASU 2025-06 is permitted as of the beginning of an annual reporting period.
Accounting for Purchased Loans
In November 2025, the FASB issued ASU 2025-08, “Financial Instruments—Credit Losses (Topic 326):
Purchased Loans,” which amended the guidance on accounting for purchased loans. The amendments in the
ASU are applicable to all financial institutions subject to guidance in ASC Topic 326, Financial Instruments—
Credit Losses.
The amendments in the ASU, once effective, expand the population of acquired financial assets subject to the
gross-up approach in ASC Topic 326 to purchased seasoned loans (PSL). Loans (excluding credit cards)
acquired without credit deterioration and deemed “seasoned” are considered PSL and accounted for using the
gross-up approach at acquisition. The gross-up approach requires recognition of an Allowance for Credit
Losses (ACL) for the estimate of credit losses at the acquisition date. The ACL is recorded with an offsetting
gross-up adjustment to the purchase price of the acquired financial asset. This ASU does not amend the
accounting for purchased credit deteriorated (PCD) financial assets. Specifically, after an institution
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SUPPLEMENTAL INSTRUCTIONS – JUNE 2026

determines that a loan is a non-PCD asset based on its assessment of credit deterioration experienced since
origination, the institution should apply the guidance described in the amendments to determine whether the
loan is seasoned and, therefore, should be accounted for using the gross-up approach.
All non-PCD loans (excluding credit cards) that are acquired in a business combination are deemed seasoned.
Other non-PCD loans (excluding credit cards) are deemed seasoned if they were purchased at least 90 days
after origination and the acquirer was not involved in the origination of the loans. Purchased seasoned loans
do not include credit cards, debt securities, and trade receivables arising from transactions accounted for
under ASC Topic 606 on revenue from contracts with customers.
The amendments in the ASU are effective for all financial institutions for annual reporting periods beginning
after December 15, 2026, and interim reporting periods within those annual reporting periods. The
amendments in the ASU should be applied prospectively to loans acquired on or after the initial application
date.
Early adoption is permitted in an interim or annual reporting period in which financial statements have not yet
been issued or made available for issuance. If a financial institution adopts the amendments in an interim
reporting period, the financial institution should apply the amendments as of the beginning of that interim
reporting period or the beginning of the annual reporting period that includes that interim reporting period.
Financial institutions that early adopt should report initial ACLs recognized upon acquisition of PSL on
Schedule RI-E, item 6.a., consistent with the reporting of initial ACLs on PCD assets. Financial institutions
should ensure that amounts reported on Schedules RC-R, Part I and Part II, are appropriately reported in
accordance with the agencies’ regulatory capital rules (12 CFR Part 3 (OCC); 12 CFR Part 217 (Board); and
12 CFR Part 324 (FDIC)). Should a financial institution have specific reporting questions, please contact your
primary Federal regulator.
Until the amendments are effective, financial institutions who do not early adopt should continue to refer to
current U.S. GAAP and the Call Report instructions, including the Glossary entries for “Allowances for Credit
Losses,” “Business Combinations,” and “Purchased Credit-Deteriorated Assets.”
Accounting for Hedging Activities
In November 2025, the FASB issued ASU 2025-09, “Derivatives and Hedging (Topic 815): Hedge Accounting
Improvements.” The ASU applies to all entities that elect to apply hedge accounting in accordance with ASC
Topic 815. The ASU addresses five discrete issues and intends to better enable entities to achieve and
maintain hedge accounting for highly effective economic hedges of forecasted transactions. An entity may
elect to adopt the ASU for hedging relationships that exist as of the date of adoption. Upon adoption of the
ASU, entities are permitted to modify certain critical terms of certain existing hedging relationships without
dedesignating the hedge.
The amendments in this ASU are effective for public business entities in annual reporting periods beginning
after December 15, 2026 (including interim periods within) and one year later for all other entities (including
interim periods within). Early adoption is permitted, and entities should apply the ASU on a prospective basis
for all hedging relationships.
Accounting for Government Grants
In December 2025, the FASB issued ASU 2025-10, “Accounting for Government Grants Received by
Business Entities,” which amended ASC Topic 832, “Government Grants,” to establish guidance on the
recognition, measurement, and presentation of government grants received by business entities.
The amendments in the ASU are effective for public business entities in annual reporting periods beginning
after December 15, 2028 (including interim periods within) and one year later for all other entities, with early
adoption permitted in any period for which financial statements have not yet been issued. The guidance can
be applied on a modified prospective basis, a modified retrospective basis, or a full retrospective basis. Early
adopters should report income related to government grants in Schedule RI, item 5.l, “Other noninterest
income” or item 7.d, “Other noninterest expense”, consistent with the gross or net alternatives in ASC Topic
832.
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Other Information
The Call Report instructions will be revised to conform to these ASUs at a future date, as appropriate.
For additional information, institutions should refer to the FASB’s website at
https://www.fasb.org/standards/accounting-standard-updates which includes a link to the accounting standard
updates.
Debt Securities Transferred from Available-for-Sale to Held-to-Maturity
ASC Topic 320, Investments–Debt Securities, provides relevant guidance on accounting for debt securities. In
accordance with ASC Topic 320, institutions should categorize an investment in a debt security at acquisition
as trading, available-for-sale (AFS), or held-to-maturity (HTM) and retain proper documentation as to its
classification. At each reporting date, the appropriateness of an institution’s classification of the investments in
debt securities shall be reassessed. 1 In general, the reassessment of the classification of debt securities
should align with the quarterly Call Report dates.
In accordance with ASC Topic 320, any transfers of debt securities between categories are recorded on the
date of transfer. As with the initial classification of debt securities, any transfers of debt securities between
categories should be well documented. An institution’s financial records shall be maintained in such a manner
as to ensure that the Call Report is prepared in accordance with U.S. GAAP and Call Report instructions and
reflect a fair presentation of the institution’s financial condition and results of operations. Amending a
previously submitted Call Report to retroactively report a debt security in another category when such transfer
was not documented with evidence supporting the actual date of transfer is inappropriate. Institutions are
responsible for ensuring that Call Reports are accurate when initially filed for a quarterly reporting period.
For additional information, refer to ASC Topic 320, the Call Report General Instructions, and the Call Report
Glossary entries for “Allowances for Credit Losses” and “Securities Activities.”

1 ASC paragraph 320-10-35-5.

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