The FDIC has added information to its Internet home page that will benefit Call Report preparers as well as the general public. Information about how to contact staff of the Division of Supervision’s Call Reports Analysis Section by direct e-mail and by telephone is now available through the section’s newly established Internet e-mail address, callreports@fdic.gov.

Already on the FDIC home page is a Call Report instruction book supplement, Checks and Balances, Guidelines for Preparing an Error Free Call Report. With the new information now available, interested parties can obtain additional Call Report preparation information and assistance from experienced financial analysts. They will also have the opportunity to comment on the quality of service provided and offer suggestions for improvement.

The Call Reports Analysis Section is responsible for overseeing financial institution adherence to the Federal Financial Institutions Examination Council's quarterly Call Report submission requirements. Call Report data is a widely used source of timely and accurate financial information about a bank's condition and the results of its operations. This information is used extensively by the bank regulatory agencies in their daily off-site monitoring and surveillance activities. Other users include the general public, the U.S. Congress, state banking authorities, researchers, bank-rating agencies, and the academic community.

The format of the section’s web-site page is similar to the attached staff analysts' state- assignment listing for the March 31, 1997, Call Reports. Quarterly updates will be made to reflect changes in staff assignments according to the state and/or reporting category of the financial institutions for which the analyst is responsible (banks with foreign offices and large banks with domestic offices only that file FFIEC form 031 and 32, respectively; and medium and small banks with domestic offices only that file FFIEC form 033 and 034, respectively).

For more information, please call the Call Reports Analysis Section on (800) 688-FDIC (3342) or (202) 898-6607. The section may also be reached by fax on (202) 898-3512 or (202) 898- 3515.

Attachment (21 kb, PDF help or hard copy )

Distribution: FDIC-Supervised Institutions (Commercial and Savings)

Note: Paper copies of FDIC financial institution letters may be obtained through the FDIC’s Public Information Center, 801 17th Street, N.W., Room, Washington, DC 20434 (800-276-6003 or (703) 562-2200).