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BANK, THRIFT QUARTERLY FINANCIAL REPORTS
ARE NOW AVAILABLE ON FDIC'S INTERNET SITE
FOR IMMEDIATE RELEASE
PR-64-98 (9-22-98)
Media Contact:
Phil Battey (202) 898-6993
Paul Lockwood (202) 906-6693

The quarterly financial reports all federally insured banks and thrift institutions must file with regulatory agencies now are available on a new Internet site developed jointly by the Federal Deposit Insurance Corporation (FDIC) and the Office of Thrift Supervision (OTS).

The new Web site includes both the Reports of Condition and Income, generally known as "Call Reports," for all FDIC-insured commercial banks, and the Thrift Financial Reports (TFRs) for all FDIC-insured thrift institutions. The site provides users with a vehicle for obtaining detailed financial information submitted by institutions supervised and regulated by the FDIC, OTS, Office of the Comptroller of the Currency and Federal Reserve System.

Every FDIC-insured national and state-chartered bank is required to file consolidated Reports of Condition and Income, normally at the end of each calendar quarter. The specific reporting requirements for banks depend upon the size of the bank and whether it has any foreign offices. Every federally insured savings association is required to file a consolidated Thrift Financial Report at the end of each calendar quarter.

Users of the new Web site can review and print the on-line Call Report or TFR for any individual institution. Call Reports and TFRs for several quarters, beginning with the March 1998 reporting cycle, will be available. The site is being enhanced so that download to spreadsheet capabilities will be operational when the September Call Reports and TFRs are available in December 1998.

The new "Call/TFR Reports" site can be found on the FDIC's Internet home page (www.fdic.gov ) under "Bank Data" and "Banking News."

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Congress created the Federal Deposit Insurance Corporation in 1933 to restore public confidence in the nation's banking system. The FDIC insures deposits at the nation's 10,712 banks and savings associations and it promotes the safety and soundness of these institutions by identifying, monitoring and addressing risks to which they are exposed.

The Quarterly Banking Profile is available on the Internet (via World Wide Web at www.fdic.gov ), by fax (dial 1-804-642-0003 on your fax machine and follow the voice prompts to Request Document No. 253), or by mail or messenger (from the FDIC's Public Information Center, 801 17th Street, NW, Washington, DC 20434, telephone 800-276-6003 or (703) 562-2200).

Last Updated 07/14/1999 communications@fdic.gov