Proposed New Consolidated Reports of Condition and Income for Small Institutions
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08/17/2016
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Description:The banking agencies are requesting comment on a proposed new streamlined and less burdensome version of the Consolidated Reports of Condition and Income (Call Report) for eligible small institutions and proposed burden-reducing revisions to the other two versions of the Call Report. The proposal would define "eligible small institutions" as institutions with total assets less than $1 billion and domestic offices only. The Federal Financial Institutions Examination Council (FFIEC) has approved this proposal as part of its community bank Call Report burden-reduction initiative. The Call Report revisions are proposed to take effect March 31, 2017. Institutions are encouraged to comment on the proposal by October 14, 2016.
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Content Notes:Links to https://www.fdic.gov/news/financial-institution-letters/2016/fil16053a.pdf|FIL-53-2016, dated 8/15/2016
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Release Date:08/17/2016
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Update Date:11/15/2018
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Withdrawn Date:12/01/2018
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Agencies Involved:Federal Deposit Insurance Corporation (FDIC) ; Board of Governors of the Federal Reserve System (The Fed) ; Office of the Comptroller of the Currency (OCC) ; Federal Financial Institutions Examination Council (FFIEC)
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Source:FDIC Website
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Memorandum To:FDIC-Supervised Banks (Commercial and Savings) and FDIC-Supervised Savings Associations
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FIL Number:FIL-55-2016
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Main Document Checksum:urn:sha256:fc9ba795cf8da39511a88a72b4a7c63e8261a6a8a6292ec0ccd686f192fac5ca
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