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Federal Deposit
Insurance Corporation

Each depositor insured to at least $250,000 per insured bank

Financial Institution Letters

Federal Deposit Insurance Corporation

Office of the Comptroller of the Currency

Board of Governors of the Federal Reserve System

FIL-14-2014
April 7, 2014

Printable Format:

FIL-14-2014 - PDF (PDF Help)

DEPOSITORY INSTITUTION REPORTS

TO: CHIEF EXECUTIVE OFFICER

SUBJECT: Consolidated Reports of Condition and Income for First Quarter 2014

The attached materials pertain to the Consolidated Reports of Condition and Income (Call Report) for the March 31, 2014, report date. Please plan to complete the preparation, editing, and review of your institution's Call Report data and the submission of these data to the agencies' Central Data Repository (CDR) as early as possible. Starting your preparation early will help you identify and resolve any edit exceptions before the submission deadline. If you later find that certain information needs to be revised, please make the appropriate changes to your Call Report data and promptly submit the revised data file to the CDR.

Except for certain institutions with foreign offices, your completed Call Report must be received by Wednesday, April 30, 2014, in accordance with the filing requirements discussed below. No extensions of time for submitting Call Report data are granted.

As the Federal Financial Institutions Examination Council (FFIEC) previously advised, certain Call Report revisions take effect this quarter (see FIL-3-2014, dated January 22, 2014). Beginning March 31, 2014, institutions will begin to report:

In addition, revisions to Call Report Schedule RC-R, Regulatory Capital, that are consistent with the revised regulatory capital rules approved by the banking agencies in July 2013 will begin to be implemented this quarter. These changes include:

Institutions also should note that the reporting of the amount and number of noninterest-bearing transaction accounts of more than $250,000 in Schedule RC-O, Memorandum item 5, has been eliminated effective this quarter.

The Call Report forms and an instruction book update for March 2014 are available on the FFIEC's Web site (http://www.ffiec.gov/ffiec_report_forms.htm) and the Federal Deposit Insurance Corporation's (FDIC) Web site (http://www.fdic.gov/callreports). Institutions also should refer to this quarter's attached Supplemental Instructions for additional guidance on certain reporting issues. Report forms and instructional materials can be printed and downloaded from the FFIEC's and the FDIC's Web sites. Please notify the person responsible for preparing the Call Report at your institution about the electronic availability of the report forms, instruction book update, and Supplemental Instructions for March 2014.

Each institution must file its March 31, 2014, Call Report data in one of two ways:

Electronic submission of Call Report data will be considered timely if the data are received by the CDR no later than Wednesday, April 30, 2014, and pass FFIEC-published validation criteria (validity edits and quality edits) or, where necessary, contain explanations for any quality edits that are not passed. Explanatory comments should be prepared in accordance with the "Guidelines for Resolving Edits" published on the FFIEC's Web site at http://www.ffiec.gov/find/documents/resolvingedits.pdf.

An institution with more than one foreign office, other than a "shell" branch or an International Banking Facility, is permitted an additional five calendar days to submit its Call Report data. Such an institution must electronically transmit its data to the CDR no later than Monday, May 5, 2014.

The CDR Help Desk is now available from 9:00 a.m. until 8:00 p.m., Eastern Time, Monday through Friday, to provide assistance with user accounts, passwords, and other CDR system-related issues. The CDR Help Desk can be reached by telephone at (888) CDR-3111, by fax at (703) 774-3946, or by e-mail at CDR.Help@ffiec.gov. For all other Call Report issues, institutions should contact their assigned Call Report analyst. If you do not know the analyst assigned to your institution, state member banks should contact their Federal Reserve District Bank. National banks, FDIC-supervised banks, and savings associations should contact the FDIC's Data Collection and Analysis Section in Washington, D.C., by telephone at (800) 688-FDIC (3342).

Attachment: Supplemental Instructions - PDF (PDF Help)

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