Bank Financial Reports
Consolidated Reports of Condition and Income
Every national bank, state member bank, insured state nonmember bank, and savings association ("institution") is required to file Consolidated Reports of Condition and Income (a "Call Report") as of the close of business on the last day of each calendar quarter, i.e., the report date. The specific reporting requirements depend upon the size of the institution, the nature of its activities, and whether it has any foreign offices.
Institutions submit Call Report data to the bank regulatory agencies each quarter for the agencies' use in monitoring the condition, performance, and risk profile of individual institutions and the industry as a whole. Call Report data serve a regulatory and public policy purpose by assisting the agencies in fulfilling their missions of ensuring the safety and soundness of financial institutions and the financial system and the protection of consumer financial rights, as well as agency-specific missions affecting national and state-chartered institutions, e.g., monetary policy, financial stability, and deposit insurance. Call Reports are the source of the most current statistical data available for identifying areas of focus for on-site examinations and off-site monitoring. The agencies use Call Report data to evaluate the corporate applications of institutions, and to calculate the deposit insurance assessments of institutions and the semiannual assessment fees of national banks and federal savings associations. Call Report data are also used by the public, state banking authorities, researchers, bank rating agencies, and the academic community.
Summary of Deposits
The Summary of Deposits (SOD) is the annual survey of branch office deposits as of June 30 for all FDIC-insured institutions, including insured U.S. branches of foreign banks. All institutions with branch offices are required to submit the survey; institutions with only a main office are exempt.