Financial Institution Letter

February 19, 2021

Revisions to the Consolidated Reports of Condition and Income (Call Report) Related to Asset Threshold Relief

Summary:

On February 18, 2021, the Federal Deposit Insurance Corporation (FDIC), the Board of Governors of the Federal Reserve System (Board), and the Office of the Comptroller of the Currency (collectively, the agencies), under the auspices of the Federal Financial Institutions Examination Council (FFIEC), published the attached final regulatory reporting changes in the Federal Register.  These changes related to asset threshold relief would apply to the three versions of the Call Report (FFIEC 031, FFIEC 041, and FFIEC 051), as appropriate.  These reporting changes, proposed by the agencies on November 30, 2020 (see FIL-111-2020, dated December 9, 2020) are subject to approval by the U.S. Office of Management and Budget.

Distribution:

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

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