Summary:

A new streamlined FFIEC 051 Call Report is available this quarter for use by eligible small institutions, generally those with domestic offices only and total assets of less than $1 billion. As previously announced, the streamlined Call Report is part of an effort by the federal banking agencies, as members of the Federal Financial Institutions Examination Council (FFIEC), to reduce data reporting and other burdens for small institutions. In addition to the new FFIEC 051, revisions to the FFIEC 031 and FFIEC 041 versions of the Call Report also take effect this quarter. The Call Report for the March 31, 2017, report date must be submitted to the agencies' Central Data Repository (CDR) by Sunday, April 30, 2017. Certain institutions with foreign offices have an additional five calendar days to file their reports.

Statement of Applicability to Institutions With Total Assets Under $1 Billion: This Financial Institution Letter applies to all FDIC-supervised banks and savings associations, including community institutions.