Highlights:
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Changes to certain brokered deposit and time deposit data in the
first quarter 2011 Call Report will enable the FDIC and other
federal banking agencies to modify the definitions of core deposits,
non-core liabilities, and short-term non-core liabilities for
Uniform Bank Performance Report calculation purposes beginning March
31, 2011. These updated definitions will benefit community banks by
reflecting the $250,000 deposit insurance limit that became
permanent in 2010.
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The assessment-related revisions to the Call Report proposed for
June 30, 2011, primarily will affect institutions with at least $10
billion in total assets. New data to be reported by community banks
in Schedule RC-O, Other Data for Deposit Insurance and FICO
Assessments, generally would be limited to average consolidated
total assets and average tangible equity (with tangible equity
defined as Tier 1 capital). The impact of these new items on most
community banks with less than $1 billion in total assets should be
nominal. Except for newly insured institutions, such banks could use
the amounts reported for average total assets and quarter-end Tier 1
capital elsewhere in the Call Report to complete the new assessment
items.
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Banks should review FIL-19-2011, at the link provided, and its
accompanying Supplemental Instructions for further information on
the first and second quarter 2011 Call Reports. FIL-19-2011 can be
accessed at http://www.fdic.gov/news/news/financial/2011/fil11019.html.
Distribution:
FDIC-Supervised Banks (Commercial and Savings)
Suggested Routing:
Chief Financial Officer
Chief Accounting Officer
Call Report Preparer
Related Topics:
FIL-19-2011, April 6, 2011, on Bank Reports
FIL-9-2011, February 14, 2011, on Bank
Reports
FIL-8-2011,
February 9, 2011, on Assessments
Attachment:
None
Contact:
FDIC's Data Collection and Analysis Section at 800-688-3342 or insurance-research@fdic.gov
Note:
FDIC financial institution letters (FILs) may be accessed from the
FDIC's Web site at www.fdic.gov/news/news/financial/2011/index.html.
To receive FILs electronically, please visit http://www.fdic.gov/about/subscriptions/fil.html.
Paper copies of FDIC financial institution letters may be obtained via
the FDIC's Public Information Center, 3501 Fairfax Drive, E-1002,
Arlington, VA 22226 (877-275-3342 or 703-562-2200).
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