Reporting Data on Loans to Small Businesses and Small Farms in the Consolidated Reports of Condition and Income (Call Report)

FIL-61-2019

October 18, 2019

Financial Institution Letter

Reporting Data on Loans to Small Businesses and Small Farms in the Consolidated Reports of Condition and Income (Call Report)

 

Summary:

On October 17, 2019, the Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation (collectively, the agencies) published the attached Federal Register notice requesting comment on ways to modify the current requirements for reporting data on loans to small businesses and small farms in the Call Report so that the reported data better reflect lending to these sectors of the U.S. economy.

Suggested Distribution:

FDIC-Supervised Banks, National Institutions, State Member Institutions, and Savings Associations

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