Affected Public: Business or other for-profit. Also, a 95 percent ASF factor was assigned to affiliate sweep deposits provided by a retail customer or counterparty where the entire amount of the sweep deposit is covered by deposit insurance and where an institution subject to the NSFR final rule has demonstrated to the satisfaction of its appropriate Federal banking agency that withdrawal of the deposit is highly unlikely to occur during a liquidity stress event. Show more. Bank Call Report FAQ: What is a Construction, Development, or Other The $100 billion asset-size test is based on the total assets reported as of June 30 each year to determine whether an institution not otherwise required to file the FFIEC 031 Call Report must file the FFIEC 031 report form beginning in March of the following year. Principal Deputy Chief Counsel, Office of the Comptroller of the Currency. Ffiec 031 and Ffiec 041 Call Report Instruction Book Update September 2021 In addition to the questions included above comment is specifically invited on: (a) Whether the proposed revisions to the collections of information that are the subject of this notice are necessary for the proper performance of the agencies' functions, including whether the information has practical utility; (b) The accuracy of the agencies' estimates of the burden of the information collections as they are proposed to be revised, including the validity of the methodology and assumptions used; (c) Ways to enhance the quality, utility, and clarity of the information to be collected; (d) Ways to minimize the burden of information collections on respondents, including through the use of automated collection techniques or other forms of information technology; and. The agencies also are not proposing to permit an alternate measurement date for other asset thresholds tied to specific activities, such as thresholds based on trading assets, mortgage banking activities, or securitization activities, as levels of these activities generally would not be impacted by an institution's participation in various COVID-19-related stimulus activities. The Report of Income schedules provide details on income and expenses. This prototype edition of the Pages Insert Pages. In accordance with the requirements of the Paperwork Reduction Act of 1995 (PRA), the OCC, the Board, and the FDIC (the agencies) may not conduct or sponsor, and the respondent is not required to respond Start Printed Page 76659to, an information collection unless it displays a currently valid Office of Management and Budget (OMB) control number. (d) Report of condition means the FFIEC 031, FFIEC 041, or FFIEC 051 versions of the Consolidated Report of Condition and Income (Call Report) or the FFIEC 002 (Report of Assets and Liabilities of U.S. In addition, copies of the report forms for the Call Reports can be obtained at the FFIEC's website (https://www.ffiec.gov/ffiec_report_forms.htm). See Section 29(g) of the Federal Deposit Insurance Act (FDI Act) (12 U.S.C. Institutions report total brokered deposits but generally do not distinguish between different types of deposits that are currently classified as brokered. Specifically, the primary purpose exception applies when the primary purpose of the agent's or nominee's business relationship with its customers is not the placement of funds with depository institutions. About the Federal Register In addition, the agencies are proposing revisions to the Call Report and FFIEC 002 instructions addressing brokered deposits to align them with the brokered deposits final rule. A Notice by the Comptroller of the Currency, the Federal Reserve System, and the Federal Deposit Insurance Corporation on 02/05/2021. The form for (b) and (c) (Note, this part will not be on the instructions for the exam. (1) through 16.b. The $1 billion threshold to report components of deposit fee income in Schedule RI, Memorandum items 15.a through 15.d; disaggregated credit loss allowance data in Schedule RI-C; components of transaction and nontransaction savings consumer deposit account products in Schedule RC-E, Memorandum items 6.a, 6.b, 7.a. (4)(a) to report the additional deposit data discussed in section II.B. Browse our It is not an official legal edition of the Federal These tools are designed to help you understand the official document The agencies propose to extend for three years, with revision, the FFIEC 031, FFIEC 041, and FFIEC 051 Call Reports. As a result of the final rule, the FDIC expects that some sweep deposits that are currently brokered deposits placed by third parties will meet the revised primary purpose exception and therefore no longer be reported on the Call Report as brokered. Proposed Agency Information Collection Activities; Comment Request documents in the last year, 981 The estimated average burden hours collectively reflect the estimates for the FFIEC 031, the FFIEC 041, and the FFIEC 051 reports for each agency. The requirements for each report form depend on the bank's size, the nature of its activities, and whether it has foreign offices. supervises financial institutions for safety, soundness, and consumer PDF Ffiec 051 Call Report Instruction Book Update December 2020 . Fact Sheets, Current Quarter Call Report Forms, Instructions, and Related Materials, Previous Quarters Call Report Forms, Instructions, and Related Materials, Important Information for New Call Report Filers, Call Report Data and Uniform Bank Performance Reports. PDF Ffiec 051 Call Report Instruction Book Update September 2020 documents in the last year, 853 and services, go to corresponding official PDF file on govinfo.gov. (4)(a) to capture the portion of not fully insured, non-affiliate sweep deposits reported in Memorandum item 1.h. See 12 CFR 3.12 (OCC); 12 CFR 217.12 (Board); 12 CFR 324.12 (FDIC). The agencies are proposing this relief for calendar year 2021 only. $1 billion in total assets, the stated Call Report refer- ences are to the FFIEC 051. documents in the last year, 467 03/03/2023, 234 When the estimates are calculated by type of report across the agencies, the estimated average burden hours per quarter are 85.75 (FFIEC 031), 56.26 (FFIEC 041), and 35.15 (FFIEC 051). Telecommunications Device for the Deaf (TDD) users may call (202) 263-4869. The FDIC plans to monitor this data and could consider in the future whether modifications to deposit insurance assessment pricing are warranted, consistent with the statutory requirement that the assessments be risk-based. documents in the last year, 11 1831f(g)). Estimated Number of Respondents: 3,263 insured state nonmember banks and state savings associations. on In addition, copies of the report forms for the Call Reports can be obtained at the FFIEC's website (https://www.ffiec.gov/ffiec_report_forms.htm). (As of December 2021), Optional Narrative Statement - Concerning the Amounts Reported in the Reports of Condition and Income Until the ACFR grants it official status, the XML Comments submitted in response to this joint notice will be shared among the agencies. The agencies propose to extend for three years, with revision, their information collections associated with the FFIEC 031, FFIEC 041, and FFIEC 051 Call Reports. (As of December 2021), Glossary FDIC Issues Supplemental Instructions for Call Reports Due by July conferences and events. h|R]k0+yTDv&&>@lc% CBB9{ )Mn0 Federal Register :: Proposed Agency Information Collection Activities 324 (state member banks), 12 U.S.C. The Call Report will provide two sets of instructions that will allow institutions to either (1) comply with the new regulation starting on the June 30, 2021, report date, or (2) continue to rely upon existing FDIC staff advisory opinions or other interpretations that predated the brokered deposits final rule in determining whether deposits placed by or through an agent or nominee are brokered deposits for purposes of reporting brokered deposit data in the Call Report through the December 31, 2021, report date. FFIEC: Reports of Condition and Income Instructions - December 2022 Estimated Total Annual Burden: FFIEC 00220,791 hours; FFIEC 002S912 hours. endstream endobj 1505 0 obj <>/Metadata 217 0 R/Outlines 301 0 R/Pages 1496 0 R/StructTreeRoot 339 0 R/Type/Catalog/ViewerPreferences<>>> endobj 1506 0 obj <>>>/Rotate 0/StructParents 0/Tabs/S/Type/Page>> endobj 1507 0 obj <>stream 7100-0036) , which collects data on loans less than a certain dollar amount rather than on loans to small businesses. Select a tool you desire from the toolbar that pops up in the dashboard. Caption and Instructions 5 Noninterest income: 5.a Income from fiduciary activities. The Federal Deposit Insurance Corporation (FDIC) is an (As of September 2021), Schedule RC-B - Securities D_L YF This rapid growth has caused the assets of some institutions to rise above certain asset-based thresholds, and may cause other community institutions to do so in the near future. (As of December 2022), Schedule RI-C - Disaggregated Data on the Allowance for Loan and Lease Losses (As of December 2022), General Instructions 1464 (federal and state savings associations). rendition of the daily Federal Register on FederalRegister.gov does not 324 (state member banks), 12 U.S.C. The site is secure. (As of December 2021), Schedule RC-N - Past Due and Nonaccrual Loans, Leases, and Other Assets Federal Register :: Agency Information Collection Activities Care and Cleaning: Washing Instructions Not Provided & Drying Instructions Not Provided. Document Drafting Handbook of this Supplementary Information section. [4] Mail: Manuel E. Cabeza, Counsel, Attn: Comments, Room MB-3128, Federal Deposit Insurance Corporation, 550 17th Street NW, Washington, DC 20429. . 79 FR 61439, 61528 (Oct. 10, 2014). on NARA's archives.gov. The agencies are not proposing to permit an alternate measurement date for larger total asset thresholds within the Call Reports, as the additional data items required at higher total assets Start Printed Page 76661thresholds have increased relevance for agency supervisory monitoring. FFIEC 031, FFIEC 041, and FFIEC 051 18 Question Format OMB Supporting Statement ( Supplementary Document ) Notice: This form may be outdated. documents in the last year, 26 On October 20, 2020, the agencies announced the adoption of a final rule implementing the NSFR relevant for certain large U.S. banking institutions with $100 billion or more in total consolidated assets. Board of Governors of the Federal Reserve System. Profile, FDIC Academic Only official editions of the government site. Proposed Agency Information Collection Activities; Comment Request Estimated Total Annual Burden: 134,823 burden hours to file. This prototype edition of the conferences and events. For further information about the proposed revisions to the information collections discussed in this notice, please contact any of the agency staff whose names appear below. (As of December 2021), Schedule RI - Income Statement Memorandum item 1.h. 161 (national banks), 12 U.S.C. The agencies expect some of these institutions may fall below the relevant total asset threshold as of June 30, 2021, for example, after forgiveness of PPP loans and redemption of borrowings obtained through the Board's PPP liquidity facility. stated Call Report references are to the FFIEC 041. (As of March 2017), Schedule RI-E - Explanations The agencies propose to extend for three years, with revision, the FFIEC 031, FFIEC 041, and FFIEC 051 Call Reports. When cer-tain criteria1 are met, (1) interest payments on nonaccrual assets can be recognized as income on a cash basis without rst recovering any prior partial charge-offs; (2) nonaccrual assets Each document posted on the site includes a link to the For the FFIEC 041 only, the $300 million threshold to report cash and balances due from depository institutions in Schedule RC-A; certain derivatives information in Schedule RI, Memorandum item 10, and Schedule RC-N, Memorandum item 6; and certain additional loan information in Schedule RI-B, Part I, Memorandum items 2.a, 2.c, and 2.d; Schedule RC-C, Part I, items 2.a, 2.b, 2.c, 4.a, 4.b, 9.b. The President of the United States communicates information on holidays, commemorations, special observances, trade, and policy through Proclamations. Estimated Number of Respondents: 3,263 insured state nonmember banks and state savings associations. Instructions for Preparation of Consolidated Reports of Condition and Income for a Bank with Domestic Offices Only and Total Assets Estimated Average Burden per Response: 41.92 burden hours per quarter to file. We encourage you to report abuse, but the decision to delete is ours. profiles, working papers, and state banking performance Proposed Agency Information Collection Activities; Comment Request One criterion is that an institution must have total consolidated assets of $5 billion or less in its Call Report as of June 30, 2020, when evaluating eligibility to use the FFIEC 051 for report dates in calendar year 2021.
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