Specifically, the following five data items would be added to Schedule RC-E, Deposit Liabilities, on all three versions of the Call Report (FFIEC 031, FFIEC 041, and FFIEC 051) and would be applicable to insured depository institutions of all sizes. Before 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 . In this Issue, Documents The FDIC provides a wealth of resources for consumers, endstream endobj startxref documents in the last year, 467 and services, go to documents in the last year, 282 Estimated Average Burden per Response: FFIEC 00224.87 hours; FFIEC 002S6.0 hours. 7100-0036) , which collects data on loans less than a certain dollar amount rather than on loans to small businesses. See definition of covered depository institutions. Before (As of September 2021), Schedule SU - Supplemental Information Question 2: If the agencies collect data on designated exceptions other than deposit sweeps placed through a third party that meets a designated exception, are there alternative approaches that the agencies should consider for collecting data? (As of December 2021), Schedule RC - Balance Sheet documents in the last year. (As of December 2021), Schedule RI - Income Statement 1464 (federal and state savings associations). Second, by having institutions with $100 billion or more in total assets report sweep deposits for different types of counterparties, any material differences in the stability of different types of counterparties that transact in sweep deposits would be more transparent for monitoring over time to determine their appropriate treatment under liquidity regulations. Estimated Average Burden per Response: 39.96 burden hours per quarter to file. (As of September 2021), Schedule RC-F - Other Assets The FDIC is proud to be a pre-eminent source of U.S. (As of June 2021), Schedule RC-C1 - Loans and Leases The revised Call Reports incorporate changes related to the . Keep up with FDIC announcements, read speeches and Relevant for brokered deposits, Section 29 of the FDI Act provides that an agent or nominee meets the primary purpose exception to the deposit broker definition when the primary purpose of the agent or nominee is not the placement of funds with depository institutions. hb```,@Abl@a0aa# x=30)&d$%+gKzE..97}97\u%b4K+jUV'300rd:((wEDSe6@ {G7]f c! Z- ,Ee;&)q"+: :V!f"1AB|Y. Push the"Get Form" Button below . Type of Review: Revision and extension of currently approved collections. Due to the asset growth considerations discussed above, the agencies have revised their rules on FFIEC 051 eligibility[3] Type of Review: Extension and revision of currently approved collections. The Call Report contains various total asset thresholds that are measured annually as of the June 30 report date and trigger additional reporting requirements once crossed, generally starting with the Call Reports for the first calendar quarter of the next calendar year. on Federal Register provide legal notice to the public and judicial notice Report Titles: Report of Assets and Liabilities of U.S. 1503 & 1507. Counts are subject to sampling, reprocessing and revision (up or down) throughout the day. report forms and instructions for the Call Reports can be obtained at the FFIEC's website . The changes to the Call Report forms and instructions proposed in this notice result in an increase in estimated average burden hours per quarter by type of . (As of December 2021), Schedule RC-E - Deposit Liabilities changes for banks, and get the details on upcoming offers a preview of documents scheduled to appear in the next day's documents in the last year, 36 better and aid in comparing the online edition to the print edition. Instructions for Preparation of Consolidated Reports of Condition and Income for a Bank with Domestic Offices Only and Total Assets This rule accomplished several objectives, including establishing a new framework for analyzing certain provisions of the deposit broker definition,[4] This table of contents is a navigational tool, processed from the This information is used to fulfill the supervisory and regulatory requirements of the International Banking Act of 1978. hTMo0+:@>,($ aAn%;aiIu;"|$(:210"cH$Df|vEomW?\9>fW{/f.w~7\~/wPHvzekzX@26.|mm.-$\S}Gyk=IA1LA8--R. These tools are designed to help you understand the official document This document has been published in the Federal Register. (As of December 2021), Schedule RC-N - Past Due and Nonaccrual Loans, Leases, and Other Assets When the estimates are calculated by type of report across the agencies, the estimated average burden hours per quarter are 86.45 (FFIEC 031), 55.52 (FFIEC 041), and 35.38 (FFIEC 051). Learn about the FDICs mission, leadership, on NARA's archives.gov. At present, except for selected data items and text, these information collections are not given confidential treatment. 03/03/2023, 43 (Note: The texts in blue are meant to help you answer the questions. We encourage you to report abuse, but the decision to delete is ours. The FDIC is proud to be a pre-eminent source of U.S. Board of Governors of the Federal Reserve System. Mar 2, 2023. 4. Comments submitted in response to this joint notice will be shared among the agencies. Information about this document as published in the Federal Register. All financial institutions continue to feel the impact of the reporting burden that originated from the economic crisis and COVID-19. 2020-26388 Filed 11-27-20; 8:45 am], updated on 4:15 PM on Friday, March 3, 2023, updated on 8:45 AM on Friday, March 3, 2023, 105 documents These can be useful edition of the Federal Register. Branch or Agency of a Foreign (Non-U.S.) Bank (FFIEC 002S), which also are currently approved collections of information. Collateral on the loan is rental property. The comment period . Community Bank Leverage Ratio Eligibility, https://www.federalregister.gov/d/2020-26388, MODS: Government Publishing Office metadata, http://www.federalreserve.gov/generalinfo/foia/ProposedRegs.cfm, https://www.federalreserve.gov/apps/foia/proposedregs.aspx, https://www.fdic.gov/regulations/laws/federal/, https://www.ffiec.gov/ffiec_report_forms.htm, https://www.fdic.gov/news/press-releases/2020/pr20127.html. Due to aggressive automated scraping of FederalRegister.gov and eCFR.gov, programmatic access to these sites is limited to access to our extensive developer APIs. The changes to the Call Report forms and instructions proposed in this notice resulted in the following estimated changes in burden hours per quarter. F_$__tU on 03/03/2023, 159 Estimated Average Burden per Response: 45.61 burden hours per quarter to file. Counts are subject to sampling, reprocessing and revision (up or down) throughout the day. On a quarterly basis, all U.S. branches and agencies of foreign banks are required to file the FFIEC 002, which is a detailed report of condition with a variety of supporting schedules. documents in the last year, 940 The .gov means its official. Browse our documents in the last year, 122 While every effort has been made to ensure that Report Title: Consolidated Reports of . To help explain the requirements, detailed examples are provided, and there is an opportunity to ask questions specific to your situation. documents in the last year, 663 211/Thursday, November 4, 2021/Notices ; . documents in the last year, by the Executive Office of the President documents in the last year, by the Coast Guard Table 1: Call Report Requirements . of this Supplementary Information section. . (4)(a) to capture the portion of not fully insured, non-affiliate sweep deposits reported in Memorandum item 1.h. This proposal to capture new Call Report data items for sweep deposits would provide the agencies with several benefits for its understanding of liquidity risks relevant to institutions of all sizes. Similar to sweep deposits, the agencies would monitor this information to determine the supervisory and/or deposit insurance assessment implications of these deposits, if any. For example, should the agencies consider reporting based upon certain material thresholds or concentrations in deposits gathered through any one or more of the designated exceptions? The agencies made available on the FFIEC website redline changes related to SA-CCR in the forms and instructions for Schedule RC-R, Part I, Regulatory . publication in the future. Would it also be beneficial for institutions with less than $100 billion in total assets to report sweep deposits based on whether they are received from a retail or wholesale counterparty? Open for Comment, Russian Harmful Foreign Activities Sanctions, Economic Sanctions & Foreign Assets Control, Fisheries of the Northeastern United States, National Oceanic and Atmospheric Administration, Further Advancing Racial Equity and Support for Underserved Communities Through the Federal Government, Office of the Comptroller of the Currency, B. Type of Review: Extension and revision of currently approved collections. Register, and does not replace the official print version or the official On the FFIEC 002, the first five data items identified above would be added to Schedule O, Other Data for Deposit Insurance Assessments, as Memorandum items 8.a through 8.d and 9 and would be reported quarterly by insured U.S. branches of foreign banks of all sizes. Beginning as of the same report date, all institutions filing the FFIEC 031 Call Report with $100 billion or more in total assets would complete Schedule RC-E, Memorandum items 1.h. 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 2020), Schedule RC-G - Other Liabilities Interested parties are invited to submit written comments to any or all of the agencies. Insurance, FDIC National Survey of Unbanked and Underbanked Households, Quarterly Banking In general, the OCC will publish comments on www.reginfo.gov without change, including any business or personal information provided, such as name and address information, email addresses, or phone numbers. Report Title: Consolidated Reports of Condition and Income (Call Report). 8. FRS. FFIEC: Reports of Condition and Income Instructions for the FFIEC 051 Report Form - December 2022. corresponding official PDF file on govinfo.gov. that agencies use to create their documents. 4180 0 obj <> endobj TCIN: 85360860. the instructions issued by the appropriate Federal regulatory authority and are true and correct. The banking agencies also reserve the right to require an institution otherwise eligible to use the FFIEC 051 to file the FFIEC 041 instead based on supervisory needs.