Summary:

The attached materials pertain to the Consolidated Reports of Condition and Income (Call Report) for the September 30, 2023, report date and provide guidance on certain reporting issues. This Financial Institution Letter and the attached Supplemental Instructions should be shared with the individual responsible for preparing the Call Report at your institution. Please plan to complete as early as possible 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). 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 Monday, October 30, 2023, in accordance with the filing requirements discussed below. 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 file its data to the CDR no later than Saturday, November 4, 2023.

As a result of the 2022 statutorily mandated review of the Call Report, 1 there are changes to the FFIEC 031, FFIEC 041 or FFIEC 051 Call Report forms and instructions this quarter. These revisions include the removal or consolidation of line items related to FDIC loss-sharing agreements, negative amortization loans, reverse mortgages, and the money market mutual fund liquidity facility. In addition, clarifications have been made to the reporting instructions for certain items on Schedule RC-T, Fiduciary and Related Services. For further information on these revisions and clarifications, see FIL-07-2023 (February 22, 2023) and FIL 31-2023 (June 13, 2023).

Institutions should refer to the attached Supplemental Instructions for September 2023, for additional guidance on certain reporting issues, including a reminder for institutions with $1 billion or more in total assets on reporting estimated uninsured deposits on Schedule RC-O, Other Data for Deposit Insurance Assessments.

Institutions that have adopted Accounting Standards Update No. 2022-02, “Financial Instruments — Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures” should continue referring to the topic “Accounting for Loan Modifications to Borrowers Experiencing Financial Difficulty” in the Supplemental Instructions. This topic provides guidance on how an institution should report its loan modifications to borrowers experiencing financial difficulty in the Call Report.

The Call Report forms for September 30, 2023, are available for printing and downloading from the FFIEC’s Reporting Forms webpage for each version of the Call Report. These forms can also be accessed from the Federal Deposit Insurance Corporation (FDIC) Bank Financial Reports webpage.

Each institution must file its September 30, 2023, Call Report data in one of two ways:

• By using computer software to prepare and edit its report data and then electronically submitting the data directly to the CDR ; or
• By completing its report in paper form and arranging with a software vendor or another party to convert the paper report to the electronic format that can be processed by the CDR. The software vendor or other party then must electronically submit the institution’s Call Report data file to the CDR.

Electronic submission of third quarter 2023 Call Report data will be considered timely if the data are received by the CDR no later than Monday, October 30, 2023, or Saturday, November 4, 2023, as applicable, and pass FFIEC-published criteria for validity and quality edits or, where necessary, contain explanations for any quality edits that are not passed.

The CDR Help Desk is available from 9:00 a.m. until 8:00 p.m., Eastern Time, Monday through Friday, and Saturday, October 28, 2023, 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 email at cdr.help@cdr.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 institutions should contact their Federal Reserve District Bank; national institutions, 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).

• Grovetta N. Gardineer
  Senior Deputy Comptroller for
  Bank Supervision Policy
  Office of the
  Comptroller of the Currency
  
• Michael S. Gibson
  Director
  Division of Banking
  Supervision and Regulation
  Board of Governors of the
  Federal Reserve System
  
• Doreen R. Eberley
  Director
  Division of Risk Management Supervision
  Federal Deposit
  Insurance Corporation
  

Statement of Applicability:

The contents of, and material referenced in, this FIL apply to all FDIC-insured financial institutions.

• 1

  Section 604 of the Financial Services Regulatory Relief Act of 2006 requires that the banking agencies review information collected in the Call Reports to reduce or eliminate any requirement to file certain information or schedules if the continued collection of such information or schedules is no longer necessary or appropriate