Notice2025-21621
Request for Information: Streamlining the Call Report
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
December 1, 2025
Issuing agencies
Treasury DepartmentComptroller of the CurrencyFederal Reserve SystemFederal Deposit Insurance Corporation
Abstract
The OCC, the Board, and the FDIC (the agencies) seek public input on sources of regulatory reporting burden for institutions that currently file the Consolidated Reports of Condition and Income (Call Report) (FFIEC 031, FFIEC 041, and FFIEC 051). This request for information (RFI) offers the opportunity for interested stakeholders to identify ways that the agencies could streamline the Call Report forms and instructions while still meeting the purposes of the collection.
Full Text
<html>
<head>
<title>Federal Register, Volume 90 Issue 228 (Monday, December 1, 2025)</title>
</head>
<body><pre>
[Federal Register Volume 90, Number 228 (Monday, December 1, 2025)]
[Notices]
[Pages 55240-55243]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-21621]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Office of the Comptroller of the Currency
[Docket ID OCC-2025-0471]
FEDERAL RESERVE SYSTEM
[Docket No. OP-1872]
FEDERAL DEPOSIT INSURANCE CORPORATION
RIN 3064-ZA51
Request for Information: Streamlining the Call Report
AGENCY: Office of the Comptroller of the Currency (OCC), Treasury;
Board of Governors of the Federal Reserve System (Board); and Federal
Deposit Insurance Corporation (FDIC).
ACTION: Request for information and comment.
-----------------------------------------------------------------------
SUMMARY: The OCC, the Board, and the FDIC (the agencies) seek public
input on sources of regulatory reporting burden for institutions that
currently file the Consolidated Reports of Condition and Income (Call
Report) (FFIEC 031, FFIEC 041, and FFIEC 051). This request for
information (RFI) offers the opportunity for interested stakeholders to
identify ways that the agencies could streamline the Call Report forms
and instructions while still meeting the purposes of the collection.
DATES: Comments must be submitted on or before January 30, 2026.
ADDRESSES: Interested parties are invited to submit written comments to
any or all of the agencies. Comments should be directed to:
OCC: Commenters are encouraged to submit comments through the
Federal eRulemaking Portal. Please use the title ``Request for
Information: Streamlining the Call Report'' to facilitate the
organization and distribution of the comments. You may submit comments
by any of the following methods:
<bullet> Federal eRulemaking Portal--<a href="http://Regulations.gov">Regulations.gov</a>:
Go to <a href="https://regulations.gov/">https://regulations.gov/</a>. Enter Docket ID ``OCC-2025-0471''
in the Search Box and click ``Search.'' Public comments can be
submitted via the ``Comment'' box below the displayed document
information or by clicking on the document title and then clicking the
``Comment'' box on the top-left side of the screen. For help with
submitting effective comments, please click on ``Commenter's
Checklist.'' For assistance with the <a href="http://Regulations.gov">Regulations.gov</a> site, please call
1-866-498-2945 (toll free) Monday-Friday, 9 a.m.-5 p.m. EST, or email
<a href="/cdn-cgi/l/email-protection#1e6c7b796b727f6a7771706d767b726e7a7b6d755e796d7f30797168"><span class="__cf_email__" data-cfemail="34465153415855405d5b5a475c5158445051475f745347551a535b42">[email protected]</span></a>.
<bullet> Mail: Chief Counsel's Office, Attention: Comment
Processing, Office of the Comptroller of the Currency, 400 7th Street
SW, Suite 3E-218, Washington, DC 20219.
<bullet> Hand Delivery/Courier: 400 7th Street SW, Suite 3E-218,
Washington, DC 20219.
Instructions: You must include ``OCC'' as the agency name and
Docket ID ``OCC-2025-0471'' in your comment. In general, the OCC will
enter all comments received into the docket and publish the comments on
the <a href="http://Regulations.gov">Regulations.gov</a> website without change, including any business or
personal information provided such as name and address information,
email addresses, or phone numbers. Comments received, including
attachments and other supporting materials, are part of the public
record and subject to public disclosure. Do not include any information
in your comment or supporting materials that you consider confidential
or inappropriate for public disclosure.
You may review comments and other related materials that pertain to
this action by the following method:
<bullet> Viewing Comments Electronically--<a href="http://Regulations.gov">Regulations.gov</a>:
Go to <a href="https://regulations.gov/">https://regulations.gov/</a>. Enter Docket ID ``OCC-2025-0471''
in the Search Box and click ``Search.'' Click on the ``Dockets'' tab
and then the document's title. After clicking the document's title,
click the ``Browse All Comments'' tab. Comments can be viewed and
filtered by clicking on the ``Sort By'' drop-down on the right side of
the screen or the ``Refine Comments Results'' options on the left side
of the screen. Supporting materials can be viewed by clicking on the
``Browse Documents'' tab. Click on the ``Sort By'' drop-down on the
right side of the screen or the ``Refine Results'' options on the left
side of the screen checking the ``Supporting & Related Material''
checkbox. For assistance with the <a href="http://Regulations.gov">Regulations.gov</a> site, please call 1-
866-498-2945 (toll free) Monday-Friday, 9 a.m.-5 p.m. EST, or email
<a href="/cdn-cgi/l/email-protection#c6b4a3a1b3aaa7b2afa9a8b5aea3aab6a2a3b5ad86a1b5a7e8a1a9b0"><span class="__cf_email__" data-cfemail="84f6e1e3f1e8e5f0edebeaf7ece1e8f4e0e1f7efc4e3f7e5aae3ebf2">[email protected]</span></a>.
The docket may be viewed after the close of the comment period in
the same manner as during the comment period.
Board: You may submit comments, which should refer to ``Request for
Information: Streamlining the Call Report,'' by any of the following
methods:
<bullet> Agency website: <a href="http://www.federalreserve.gov">http://www.federalreserve.gov</a>. Follow the
instructions for submitting comments at: <a href="http://www.federalreserve.gov/generalinfo/foia/ProposedRegs.cfm">http://www.federalreserve.gov/generalinfo/foia/ProposedRegs.cfm</a>.
<bullet> Email: <a href="/cdn-cgi/l/email-protection#f88a9d9f8bd69b9795959d968c8bb89e9d9c9d8a99948a9d8b9d8a8e9dd69f978e"><span class="__cf_email__" data-cfemail="5c2e393b2f723f3331313932282f1c3a3938392e3d302e392f392e2a39723b332a">[email protected]</span></a>. Include ``Request
for Information: Streamlining the Call Report'' in the subject line of
the message.
<bullet> Fax: (202) 395-6974.
<bullet> Mail: Benjamin W. McDonough, Deputy Secretary of the
Board, Board of Governors of the Federal Reserve System, 20th Street
and Constitution Avenue NW, Washington, DC 20551.
All public comments are available on the Board's website at <a href="https://www.federalreserve.gov/apps/foia/proposedregs.aspx">https://www.federalreserve.gov/apps/foia/proposedregs.aspx</a> as submitted,
unless modified for technical reasons. Accordingly, your comments will
not be edited to remove any identifying or contact information.
FDIC: You may submit comments, which should refer to ``RIN 3064-
ZA51,'' by any of the following methods:
<bullet> Agency Website: <a href="https://www.fdic.gov/federal-register-publications">https://www.fdic.gov/federal-register-publications</a>. Follow the instructions for submitting comments on the
FDIC's website.
<bullet> Email: <a href="/cdn-cgi/l/email-protection#c1a2aeacaca4afb5b28187858882efa6aeb7"><span class="__cf_email__" data-cfemail="bbd8d4d6d6ded5cfc8fbfdfff2f895dcd4cd">[email protected]</span></a>. Include ``RIN 3064-ZA51'' in the
subject line of the message.
<bullet> Mail: Jennifer Jones, Deputy Executive Secretary,
Attention: Comments RIN 3064-ZA51, Federal Deposit Insurance
Corporation, 550 17th Street NW, Washington, DC 20429.
<bullet> Hand Delivery: Comments may be hand delivered to the guard
station at the rear of the 550 17th Street NW building (located on F
Street NW) on business days between 7 a.m. and 5 p.m.
[[Page 55241]]
<bullet> Public Inspection: All comments received, including any
personal information provided, will be posted without change to <a href="https://www.fdic.gov/federal-register-publications">https://www.fdic.gov/federal-register-publications</a>. Commenters should submit
only information that the commenter wishes to make available publicly.
The FDIC may review, redact, or refrain from posting all or any portion
of any comment that it may deem to be inappropriate for publication,
such as irrelevant or obscene material. The FDIC may post only a single
representative example of identical or substantially identical
comments, and in such cases will generally identify the number of
identical or substantially identical comments represented by the posted
example. All comments that have been redacted, as well as those that
have not been posted, that contain comments on the merits of this
document will be retained in the public comment file and will be
considered as required under all applicable laws. All comments may be
accessible under the Freedom of Information Act.
FOR FURTHER INFORMATION CONTACT: For further information about this
request for comment, please contact any of the agency staff whose names
appear below. In addition, the report forms and instructions for the
Call Reports can be obtained at the FFIEC's website (<a href="https://www.ffiec.gov/resources/reporting-forms">https://www.ffiec.gov/resources/reporting-forms</a>).
OCC: Cady Codding, (202) 649-6280, or Kevin Korzeniewski, Counsel,
(202) 649-5490, Chief Counsel's Office, Office of the Comptroller of
the Currency, 400 7th Street SW, Washington, DC 20219. If you are deaf,
hard of hearing, or have a speech disability, please dial 7-1-1 to
access telecommunications relay services.
Board: Michelle Shore, Regulatory Reporting Manager, (202) 577-
7918, or Kevin Littler, (202) 997-8325, Board of Governors of the
Federal Reserve System, 20th and C Streets NW, Washington, DC 20551.
Telecommunications Device for the Deaf (TDD) users may call (202) 263-
4869.
FDIC: Bryan Jonasson, (781) 794-5641, or Kimberly Yeh, Senior
Attorney, (202) 898-6514, Legal Division, Federal Deposit Insurance
Corporation, 550 17th Street NW, Washington, DC 20429.
SUPPLEMENTARY INFORMATION:
I. Call Report Background
The Federal Financial Institutions Examination Council (FFIEC), of
which the agencies are members, is required to develop uniform
reporting systems for Federally-supervised financial institutions.\1\
Current FFIEC information collections include the Consolidated Reports
of Condition and Income for a Bank with Domestic and Foreign Offices
(FFIEC 031), the Consolidated Reports of Condition and Income for a
Bank with Domestic Offices Only (FFIEC 041), and the Consolidated
Reports of Condition and Income for a Bank with Domestic Offices Only
and Total Assets Less Than $5 Billion (FFIEC 051; collectively, the
Call Report).\2\ Banks and savings associations submit Call Report data
to the agencies each quarter as required by law.\3\ The agencies use
this data in monitoring the condition, performance, and risk profile of
individual institutions and the industry as a whole. The collection of
Call Report data assists the agencies in fulfilling their shared
missions of ensuring the safety and soundness of financial institutions
and the financial system and protecting consumer financial rights, as
well as agency-specific missions affecting Federal and State-chartered
institutions, such as conducting monetary policy, ensuring financial
stability, and administering Federal deposit insurance. For many
institutions, Call Reports are the source of the most current
statistical data available for identifying areas of focus for on-site
and off-site examinations. Among other purposes, the agencies use Call
Report data in evaluating institutions' corporate applications,
including interstate merger and acquisition applications for which the
agencies are required by law to determine whether the resulting
institution would control more than 10 percent of the total amount of
deposits of insured depository institutions in the United States. Call
Report data also are used to calculate risk-based assessments for
insured depository institutions.
---------------------------------------------------------------------------
\1\ 12 U.S.C. 3305.
\2\ See <a href="https://www.ffiec.gov/resources/reporting-forms">https://www.ffiec.gov/resources/reporting-forms</a>.
\3\ 12 U.S.C. 161 (national banks), 12 U.S.C. 324 (State member
banks), 12 U.S.C. 1464 (Federal and State savings associations), and
12 U.S.C. 1817 (insured State nonmember commercial and savings
banks).
---------------------------------------------------------------------------
II. Regulatory Reporting Review
A. Background
The agencies are required to review the data collected in the Call
Report every five years and reduce or eliminate any items (other than
those required by law) the agencies determine are no longer necessary
or appropriate (statutory review).\4\ The agencies are preparing to
conduct their next statutory review, which will consider Call Report
data required from respondents of all sizes and complexities. In
conjunction with the statutory review, the agencies are seeking input
on ways to streamline the Call Report to better align with the size and
complexity of the reporting institution. Additionally, the FFIEC and
the agencies received comments on potential modifications to the Call
Report through a review of their regulations required at least once
every ten years under the Economic Growth and Regulatory Paperwork
Reduction Act (EGRPRA).\5\ As part of the EGRPRA review, on February 6,
2024, the agencies requested comments in the Federal Register on
reporting required by regulation (EGRPRA notice).\6\ The comment period
for this EGRPRA notice ended May 6, 2024, and the agencies are
continuing to review the comments received. In response to the EGRPRA
notice, certain commenters stated that the information collected on the
Call Report exceeds what is necessary. These commenters recommended
additional tailoring of the Call Report and changes to reporting in at
least the first and third quarters of the year.\7\ In preparation for
the statutory review and to identify opportunities to better align
reporting toward monitoring core financial risks, the agencies are
using this RFI to seek public feedback on potential ways to streamline
the Call Reports.
---------------------------------------------------------------------------
\4\ See 12 U.S.C. 1817(a)(11).
\5\ See 12 U.S.C. 3311.
\6\ 89 FR 8084 (February 6, 2024).
\7\ Comments are available at <a href="https://egrpra.ffiec.gov/federal-register-notices/fedreg-index.html">https://egrpra.ffiec.gov/federal-register-notices/fedreg-index.html</a>.
---------------------------------------------------------------------------
The agencies are interested in identifying which schedules and
individual line items require the most resources to complete each
quarter and welcome respondent views on whether any data items go
beyond monitoring the core financial risks of the filing institution.
The agencies are also seeking comments on what changes, if any, to the
frequency of reporting schedules and data items could improve the
efficiency of the collection and for which categories of respondents.
The agencies are interested in learning what data institutions collect
and maintain in their loan systems and other automated systems,
including outsourced systems, for internal reporting and Call Report
purposes. A better understanding of what data institutions currently
maintain or calculate solely for Call Report purposes, and items that
require manual calculation, may inform the agencies' ability to better
align institutions' internal and external reporting, as appropriate.
Relatedly, the agencies also are seeking information on changes in
respondents' use of reporting technologies and whether current and
[[Page 55242]]
emerging technologies could be used to simplify the reporting of Call
Report data.
The agencies are also considering whether to further streamline the
FFIEC 051 version of the Call Report and expand the availability of
that form to institutions with significantly greater than $5 billion in
total assets. The agencies are required to permit institutions to
submit a short form Call Report in first and third quarters of each
year for institutions with less than $5 billion in total consolidated
assets and that satisfy other criteria that the agencies determine
appropriate.\8\ The agencies have implemented this requirement through
the FFIEC 051.\9\ The agencies are not prohibited, however, from
expanding the availability of a short form Call Report to larger
institutions. Accordingly, the agencies are interested in whether to
expand the usage of the FFIEC 051 to larger institutions and how to
further streamline the information collected by the FFIEC 051.
---------------------------------------------------------------------------
\8\ 12 U.S.C. 1817(a)(12).
\9\ The agencies introduced the FFIEC 051 in March 2017 (82 FR
2444, January 9, 2017) and, in September 2019, implemented certain
reduced reporting for the first and third quarters of the year for
respondents with total assets of less than $5 billion (84 FR 29039,
June 21, 2019).
---------------------------------------------------------------------------
The agencies will use the feedback received in response to this
notice to assess what steps they should take to improve the efficiency
and effectiveness of the Call Report. If the agencies determine that a
change to the existing data collection on the Call Report is warranted,
the agencies will seek further comment on a specific proposal to revise
the data collection in accordance with the Paperwork Reduction Act.
B. Specific Request for Comment
General Questions on the Call Report
During previous Call Report reviews conducted by the agencies, some
institutions indicated that Call Report preparation is not a fully
automated process where data flows directly from core data processing
systems to the Call Report software and into the individual Call Report
items. To assist in identifying other ways to make Call Report
preparation more efficient, commenters are invited to respond to the
following questions:
1. Which specific line items or schedules on the Call Report are
the most time-consuming to prepare or require significant manual
adjustments (for example, to convert internal data from core data
processing, general ledger, or other systems into the form required) to
complete the Call Report? Why is this the case?
2. For institutions that use manual processes to complete the Call
Report, is there software available, from core system vendor(s) or
elsewhere, to increase automation and efficiency? If so, what are the
hurdles, if any, to utilizing such software?
3. Certain Call Report data items may not be applicable for banking
organizations that conduct a narrow range of business activities. To
what extent and in what ways does the inclusion of Call Report data
items that do not apply to a respondent on an ongoing basis affect data
quality and respondent burden?
The agencies regularly review their requirements for filing the
Call Report. In addition to considering respondents' internal data
preparation, the agencies are seeking comments on their submission
requirements, including through the following questions.
4. What process changes, if any, should the agencies consider for
filing the Call Report?
5. Are there specific recordkeeping requirements associated with
completing the Call Report that the agencies should address?
6. During the EGRPRA review, respondents suggested the agencies
consider adjusting the due dates for the Call Reports, for example, to
avoid falling on a weekend or holiday. In what way, if any, would
changing due dates for the Call Reports reduce respondent burden?
7. What technology changes, if any, related to the submission of
the Call Report could reduce respondent burden? Would these technology
changes have the same impact on small and large respondents alike? Are
there different considerations for institutions with complex activities
versus those with a more traditional business model?
8. In what ways, if any, should the agencies consider modifying the
Call Report forms or instructions, including their layout, structure,
and availability, to improve their usability and reduce the resources
required to prepare and file the report?
9. Are there current or emerging uses of technologies that the
agencies should consider when reviewing the structure, content, or
publication of the Call Report forms or instructions?
The Call Report instructions contain eligibility thresholds that
determine which version of the Call Report a respondent may submit and,
for each version, whether a respondent should report certain schedules
or line items. (For example, reporting criteria may be based on the
value of the respondent's total consolidated assets reported on June
30th of the prior year).
10. In what ways, if any, through what mechanisms, and with what
frequency should any specific threshold in the Call Report instructions
be revised or indexed on an ongoing basis, and why? Relatedly, in what
ways, if any, could the agencies further align the content of each
version of the Call Report to the risk profiles of applicable filers?
Short Form Call Report Eligibility and Content
As described in section II.A of this document, most institutions
with total assets of less than $5 billion can submit a short form Call
Report in the first and third quarters of the calendar year. Commenters
are invited to respond to the following related questions:
11. Are there reasons eligible institutions have or have not chosen
to use this option? Are there ways for the agencies to make this option
more appealing to currently eligible institutions?
12. In what ways, if any, could the agencies revise the criteria
for institutions to be eligible for reduced reporting while ensuring
the safety and soundness of financial institutions and the financial
system, and why? For example, should the eligibility for reduced
reporting be related to a respondent's capital position or its ability
to meet risk-based criteria?
13. Similarly, in what ways should the eligibility for reduced
reporting be related to a respondent's business model and why? What
readily available quantitative criteria do commenters consider most
indicative of a community banking organization conducting a traditional
banking model and why?
14. In what ways, if any, could the agencies further streamline the
content of the short form Call Report in the first and third quarters
of the calendar year to reduce burden on community banking
organizations while ensuring their safety and soundness? What items
other than those required by statute are essential for community
banking organizations to report in the short form Call Report? To what
subset of Call Report respondents should such revisions apply and why?
15. Should the agencies set a higher size threshold for the
availability of the short form Call Report in the first and third
quarters of the calendar year? If so, what should the total asset size
be?
Agencies received comments through the current EGRPRA process
indicating the agencies collect information that may exceed what is
necessary to effectively monitor banks' safety and soundness.
[[Page 55243]]
16. Which specific Call Report data items or schedules, if any, do
commenters consider nonessential for agencies to monitor safety and
soundness or serve other mission critical needs? In your response,
provide an explanation of whether these data items or schedules would
relate to all respondents, or a subset of respondents based on
specified asset size or risk profile.
Data Usage
Taken together, the Call Report and the Uniform Bank Performance
Report (UBPR) \10\ contain a considerable amount of data about
individual institutions and their peer groups. A significant amount of
data in the UBPR originates from bank Call Report filings. Commenters
are invited to respond to the following related questions:
---------------------------------------------------------------------------
\10\ See <a href="https://www.ffiec.gov/data/ubpr">https://www.ffiec.gov/data/ubpr</a>.
---------------------------------------------------------------------------
17. To what extent and for what purposes do institutions and other
stakeholders use Call Report and UBPR data (for example, peer
comparison purposes, asset-liability management, shareholder meetings,
and incentive compensation)?
18. In what ways, if any, would removing or reducing the frequency
of certain data items or schedules impede these uses?
19. Are there data items in the Call Report that could be collected
less frequently or at a more aggregated level that would have little or
no impact to Call Report users?
20. Conversely, are there data items that are currently reported by
institutions for which there is a need for more frequent or more
granular collection? Why is this additional frequency or granularity
needed?
Other Considerations on Regulatory Reporting
Federal law requires regular on-site safety-and-soundness
examinations of insured depository institutions at least once during
each 12-month period (or 18-month period for institutions that meet
certain criteria). In between on-site examinations, the agencies
conduct offsite monitoring each quarter using data collected in the
Call Report. Such monitoring combined with discussions with institution
management helps support decisions to maintain extended examination
intervals for institutions that continue to be identified as lower risk
or to potentially accelerate the timing of examinations or reviews of
institutions experiencing adverse trends. These trends may emerge in
more granular supervisory data that would not be apparent from high-
level financial statements. They may also not be as evident with data
that is collected less frequently. Thus, there is potentially a trade-
off between the amount of supervisory data reported in the Call Reports
and the frequency and content of the on-site examinations and other
supervisory interactions with individual institutions necessary to
evaluate an institution's ongoing condition.
21. How can the agencies balance the content and frequency of
reporting requirements, on-site examinations, and discussions with
management to better achieve the agencies' missions and limit burden
for institutions?
Jonathan V. Gould,
Comptroller of the Currency.
Benjamin W. McDonough,
Deputy Secretary of the Board.
Federal Deposit Insurance Corporation.
Dated at Washington, DC, on November 24, 2025.
Jennifer M. Jones,
Deputy Executive Secretary.
[FR Doc. 2025-21621 Filed 11-28-25; 8:45 am]
BILLING CODE 4810-33-6210-01-6714-01-P
</pre><script data-cfasync="false" src="/cdn-cgi/scripts/5c5dd728/cloudflare-static/email-decode.min.js"></script></body>
</html>Indexed from Federal Register on December 1, 2025.
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.