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.
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.
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.
FDIC-Supervised Banks (Commercial and Savings)
Chief Financial Officer
Chief Accounting Officer
Call Report Preparer
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
FDIC's Data Collection and Analysis Section at 800-688-3342 or firstname.lastname@example.org
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).