The assessment-related revisions to the Call Report, which take effect beginning with the second quarter 2011 report, 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 will 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 generally can 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-52-2011 and its accompanying Supplemental Instructions for further information on the second quarter 2011 Call Report. FIL-52-2011 can be accessed at http://www.fdic.gov/news/news/financial/2011/fil11052.html.
FDIC-Supervised Banks (Commercial and Savings)
Chief Financial Officer
Chief Accounting Officer
Call Report Preparer
FIL-52-2011, June 30, 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).