Click Cover to Read Digital Edition

AVAILABLE IN THE APP STORE
iPAD APP
iPHONE APP

UPCOMING EVENTS

 
Money20/20
November 2-6
Aria
Las Vegas
 
ABA National Agricultural Bankers Conference
November 9-12
Hilton
Omaha, Neb.
 
ABA Mutual Community Bank Conference
March 22 & 23, 2015
Marriott Marquis
Washington, D.C.
More events >  

<- Back

Share |

Print Friendly and PDF

FFIEC Approves Several Revisions to Call Reports

 

Jan 24 - The Federal Financial Institutions Examination Council has approved several revisions to the Consolidated Reports of Condition and Income for implementation as of March 31, 2014, and March 31, 2015. The FFIEC also has approved revisions to the FFIEC 101, Regulatory Capital Reporting for Institutions Subject to the Advanced Capital Adequacy Framework, that will take effect March 31, 2014. These regulatory reporting revisions are subject to approval by the U.S. Office of Management and Budget.

Call Report changes taking effect in March 2014 include:

In March 2015, institutions with $1 billion or more in total assets that offer consumer deposit account products will begin to report in Call Report Schedule RI, Income Statement, the year-to-date income earned from three types of service charges on these products.

In addition, a revised version of the regulatory capital components and ratios portion of Call Report Schedule RC-R, Regulatory Capital, will take effect in March 2014 for advanced approaches institutions and in March 2015 for all other institutions.

Institutions should review FIL-3-2014, dated Jan. 22, 2014, for further information about the regulatory reporting revisions for March 2014 and March 2015. FIL-3-2014 can be accessed at www.fdic.gov/news/news/financial/2014/fil14003.html.


Back