Proposed Agency Information Collection Activities; Comment Request

Issuing agencies

Abstract

In accordance with the requirements of the Paperwork Reduction Act of 1995 (PRA), the OCC, the Board, and the FDIC (the agencies) may not conduct or sponsor, and the respondent is not required to respond to, an information collection unless it displays a currently valid Office of Management and Budget (OMB) control number. The Federal Financial Institutions Examination Council (FFIEC), of which the agencies are members, has approved the agencies' publication for public comment of a proposal to revise and extend for three years the Consolidated Reports of Condition and Income (Call Report) (FFIEC 031, FFIEC 041, and FFIEC 051) which is currently an approved collection of information. The agencies are requesting comment on revisions to these collections related to an interim final rule issued by the FDIC that implements section 902 of the 21st Century ROAD to Housing Act. The agencies received emergency approval from OMB for these revisions.

Full Text

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<title>Federal Register, Volume 91 Issue 206 (Tuesday, October 27, 2026)</title>
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[Federal Register Volume 91, Number 206 (Tuesday, October 27, 2026)]
[Notices]
[Pages 67650-67653]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2026-21841]


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DEPARTMENT OF THE TREASURY

Office of the Comptroller of the Currency

FEDERAL RESERVE SYSTEM

FEDERAL DEPOSIT INSURANCE CORPORATION


Proposed Agency Information Collection Activities; Comment 
Request

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: Joint notice and request for comment.

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SUMMARY: In accordance with the requirements of the Paperwork Reduction 
Act of 1995 (PRA), the OCC, the Board, and the FDIC (the agencies) may 
not conduct or sponsor, and the respondent is not required to respond 
to, an information collection unless it displays a currently valid 
Office of Management and Budget (OMB) control number. The Federal 
Financial Institutions Examination Council (FFIEC), of which the 
agencies are members, has approved the agencies' publication for public 
comment of a proposal to revise and extend for three years the 
Consolidated Reports of Condition and Income (Call Report) (FFIEC 031, 
FFIEC 041, and FFIEC 051) which is currently an approved collection of 
information. The agencies are requesting comment on revisions to these 
collections related to an interim final rule issued by the FDIC that 
implements section 902 of the 21st Century ROAD to Housing Act. The 
agencies received emergency approval from OMB for these revisions.

DATES: Comments must be submitted on or before December 28, 2026.

ADDRESSES: Interested parties are invited to submit written comments to 
any or all of the agencies. All comments will be shared among the 
agencies. Comments should be directed to:
    OCC: Commenters are encouraged to submit comments by email, if 
possible. You may submit comments by any of the following methods:
    <bullet> Email: <a href="/cdn-cgi/l/email-protection#6c1c1e0d05020a032c030f0f42181e090d1f420b031a"><span class="__cf_email__" data-cfemail="2c5c5e4d45424a436c434f4f02585e494d5f024b435a">[email&#160;protected]</span></a>.
    <bullet> Mail: Chief Counsel's Office, Attention: Comment 
Processing, Office of the Comptroller of the Currency, Attention: 1557-
0081, 400 7th Street SW, Suite 1E-216, Washington, DC 20219.
    <bullet> Hand Delivery/Courier: 400 7th Street SW, Suite 1E-216, 
Washington, DC 20219.
    <bullet> Fax: (571) 293-4835.
    Instructions: You must include ``OCC'' as the agency name and 
``1557-0081'' in your comment. In general, the OCC will publish 
comments on <a href="http://www.reginfo.gov">www.reginfo.gov</a> 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.
    Following the close of this notice's 60-day comment period, the OCC 
will publish a second notice with a 30-day comment period. You may 
review comments and other related materials that pertain to this 
information collection beginning on the date of publication of the 
second notice for this collection by the method set forth in the next 
bullet.
    <bullet> Viewing Comments Electronically: Go to <a href="http://www.reginfo.gov">www.reginfo.gov</a>. 
Hover over the ``Information Collection Review'' tab and click on 
``Information Collection Review'' from the drop-down menu. From the 
``Currently under Review'' drop-down menu, select ``Department of the 
Treasury'' and then click ``submit.'' This information collection can 
be located by searching OMB control number ``1557-0081'' or 
``Consolidated Reports of Condition and Income (Call Report) (FFIEC 
031, FFIEC 041, and FFIEC 051).'' Upon finding the appropriate 
information collection, click on the related ``ICR Reference Number.'' 
On the next screen, select ``View Supporting Statement and Other 
Documents'' and then click on the link to any comment listed at the 
bottom of the screen.
    For assistance in navigating <a href="http://www.reginfo.gov">www.reginfo.gov</a>, please contact the 
Regulatory Information Service Center at (202) 482-7340.
    Board: You may submit comments, identified by ``FFIEC 031, FFIEC 
041, and FFIEC 051,'' by any of the following methods:
    <bullet> Agency website: <a href="https://www.federalreserve.gov/apps/proposals/">https://www.federalreserve.gov/apps/proposals/</a>. Follow the instructions for

[[Page 67651]]

submitting comments, including attachments. Preferred Method.
    <bullet> Mail: Benjamin W. McDonough, Secretary, Board of Governors 
of the Federal Reserve System, 20th Street and Constitution Avenue NW, 
Washington, DC 20551.
    <bullet> Hand Delivery/Courier: Same as mailing address.
    <bullet> Other Means: <a href="/cdn-cgi/l/email-protection#235356414f4a40404c4e4e464d5750634551410d444c55"><span class="__cf_email__" data-cfemail="34444156585d57575b5959515a4047745246561a535b42">[email&#160;protected]</span></a>. You must include the 
OMB number or the FFIEC number in the subject line of the message.
    Comments received are subject to public disclosure. In general, 
comments received will be made available on the Board's website at 
<a href="https://www.federalreserve.gov/apps/proposals/">https://www.federalreserve.gov/apps/proposals/</a> without change and will 
not be modified to remove personal or business information including 
confidential, contact, or other identifying information. Comments 
should not include any information such as confidential information 
that would not be appropriate for public disclosure. Public comments 
may also be viewed electronically or in person in Room M-4365A, 2001 C 
St. NW, Washington, DC 20551, between 9 a.m. and 5 p.m. during Federal 
business weekdays.
    FDIC: You may submit comments, which should refer to ``Call Report 
Revisions,'' 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#04676b6969616a70774442404d472a636b72"><span class="__cf_email__" data-cfemail="187b7775757d766c6b585e5c515b367f776e">[email&#160;protected]</span></a>. Include ``Call Report 
Revisions'' in the subject line of the message.
    <bullet> Mail: Jennifer Jones, Deputy Executive Secretary, Attn: 
Comments: Call Report Revisions, 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.
    <bullet> Public Inspection: Comments received, including any 
personal information provided, may 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 the 
proposed revisions to the information collections discussed in this 
notice, please contact any of the agency staff whose names appear 
below. In addition, copies of the report forms for the Call Report 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: Shaquita Merritt, Clearance Officer, (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: Nuha Elmaghrabi, Federal Reserve Board Clearance Officer, 
(202) 452-3884, Data, AI, and Statistics Office, Board of Governors of 
the Federal Reserve System, 20th and C Streets NW, Washington, DC 
20551.
    FDIC: Kimberly Yeh, Senior Attorney, (202) 898-6514, Legal 
Division, Federal Deposit Insurance Corporation, 550 17th Street NW, 
Washington, DC 20429.

SUPPLEMENTARY INFORMATION:

I. Report Summary (Call Report)

    The agencies propose to extend for three years, with revision, 
their information collections associated with the FFIEC 031, FFIEC 041, 
and FFIEC 051 Call Report.
    Report Title: Consolidated Reports of Condition and Income (Call 
Report).
    Form Number: FFIEC 031 (Consolidated Reports of Condition and 
Income for a Bank with Domestic and Foreign Offices), FFIEC 041 
(Consolidated Reports of Condition and Income for a Bank with Domestic 
Offices Only), and FFIEC 051 (Consolidated Reports of Condition and 
Income for a Bank with Domestic Offices Only and Total Assets Less Than 
$5 Billion).
    Frequency of Response: Quarterly.
    Affected Public: Business or other for-profit.

OCC

    OMB Control No.: 1557-0081.
    Estimated Number of Respondents: 934 national banks and Federal 
savings associations.
    Estimated Average Burden per Response: 41.38 burden hours per 
quarter to file.
    Estimated Total Annual Burden: 154,596 burden hours to file.

Board

    OMB Control No.: 7100-0036.
    Estimated Number of Respondents: 705 State member banks.
    Estimated Average Burden per Response: 45.21 burden hours per 
quarter to file.
    Estimated Total Annual Burden: 127,492 burden hours to file.

FDIC

    OMB Control No.: 3064-0052.
    Estimated Number of Respondents: 2,657 insured State nonmember 
banks and State savings associations.
    Estimated Average Burden per Response: 38.81 burden hours per 
quarter to file.
    Estimated Total Annual Burden: 412,473 burden hours to file.
    The estimated average burden hours collectively reflect the 
estimates for the FFIEC 031, the FFIEC 041, and the FFIEC 051 reports 
for each agency. When the estimates are calculated by type of report 
across the agencies, the estimated average burden hours per quarter are 
86.25 (FFIEC 031), 55.56 (FFIEC 041), and 34.99 (FFIEC 051). The 
revisions to the Call Report form and instructions in this notice do 
not have a material impact on the existing burden estimates. The 
estimated burden per response for the quarterly filings of the Call 
Report is an average that varies by agency because of differences in 
the composition of the institutions under each agency's supervision 
(for example, size distribution of institutions, types of activities in 
which they are engaged, and existence of foreign offices).
    Type of Review: Extension and revision of currently approved 
collections. In addition to the proposed revisions discussed below, the 
Call Report is periodically updated to clarify instructional guidance 
and correct grammatical and typographical errors on the forms and 
instructions which are published on the FFIEC website.\1\ These non-
substantive updates may also be commented upon.
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    \1\ <a href="https://www.ffiec.gov/resources/reporting-forms">https://www.ffiec.gov/resources/reporting-forms</a>.
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Legal Basis and Need for Collections

    The Call Report information collections are mandatory: 12 U.S.C. 
161 (national banks), 12 U.S.C. 324 (State member banks), 12 U.S.C. 
1817 (insured

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State nonmember commercial and savings banks), and 12 U.S.C. 1464 
(Federal and State savings associations). At present, except for 
selected data items and text, these information collections are not 
given confidential treatment.
    Banks and savings associations submit Call Report data to the 
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 or public 
policy purpose by assisting 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, the Call Report is 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.

II. Current Actions

    Section 29 of the Federal Deposit Insurance Act (FDI Act) restricts 
insured depository institutions that are less than well capitalized 
from accepting brokered deposits. Reciprocal deposits \2\ obtained, 
directly or indirectly, from or through the mediation or assistance of 
a deposit broker are a subset of brokered deposits and generally must 
be reported as brokered deposits unless an exception applies. Section 
29(i) of the FDI Act provides a limited exception for reciprocal 
deposits to allow an insured depository institution that qualifies as 
an ``agent institution'' to exclude from treatment as brokered deposits 
a limited amount of reciprocal deposits. Reciprocal deposits held by an 
institution that does not qualify as an agent institution, must be 
treated as brokered deposits.
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    \2\ See 12 U.S.C. 1831f(i); 12 CFR 337.6.
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    Section 902 of the 21st Century ROAD to Housing Act (Housing Act), 
which became law on July 11, 2026, amended the limited exception for 
reciprocal deposits in section 29(i) of the FDI Act in two principal 
respects. First, section 902 revised one of the three methods by which 
an insured depository institution may qualify as an agent institution. 
Previously, the first method required an insured depository institution 
to be well capitalized and to have a composite condition of 
``outstanding'' or ``good,'' corresponding to a CAMELS composite rating 
of ``1'' or ``2.'' Under the revised provision, an institution may 
qualify under this method if, when most recently examined, the 
institution was assigned a composite CAMELS rating of ``1,'' ``2,'' or 
``3'' and is well capitalized. Second, section 902 replaced the 
calculation of the maximum amount of reciprocal deposits that can be 
treated as not being brokered deposits under the limited exception, 
known as the general cap, with a tiered calculation based on the agent 
institution's total liabilities. Under the amended general cap, an 
agent institution may exclude from treatment as brokered deposits an 
amount of reciprocal deposits equal to the sum of:
    1. 50 percent of the portion of the institution's total liabilities 
that is less than or equal to $1 billion;
    2. 40 percent of the portion of total liabilities that is greater 
than $1 billion but less than or equal to $10 billion; and
    3. 30 percent of the portion of total liabilities that is greater 
than $10 billion but less than or equal to $96,333,333,333.
    On August 27, 2026, the FDIC Board of Directors approved an interim 
final rule,\3\ effective September 1, 2026, to implement section 902 of 
the Housing Act. In response to the interim final rule, the agencies, 
under the auspices of the FFIEC, requested and received emergency 
approval on September 28, 2026, from OMB to implement revisions to the 
Call Report that took effect beginning with the September 30, 2026, 
report date. The agencies revised the Call Reports by revising the 
instructions to conform to the statutory and regulatory definitions of 
brokered and reciprocal deposits for the following items and Glossary 
entry:
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    \3\ See 91 FR 56022 (Sept. 1, 2026).
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    <bullet> Schedule RC-E, Memorandum item 1.b., ``Total brokered 
deposits'';
    <bullet> Schedule RC-E, Memorandum item 1.g., ``Total reciprocal 
deposits'';
    <bullet> Schedule RC-E, Examples for Calculating the Special Cap;
    <bullet> Schedule RC-O, item 9, ``Brokered reciprocal deposits''; 
and
    <bullet> Glossary entry titled ``Brokered Deposits.''
    The agencies also established a new confidentiality exception for 
the amounts reported in Schedule RC-O, items 9, ``Brokered reciprocal 
deposits,'' and 9.a, ``Fully consolidated brokered reciprocal 
deposits,'' respectively.
    The new confidentiality exception is considered necessary because 
the amounts reported in Schedule RC-O, items 9 and 9.a., when compared 
with publicly available total reciprocal deposits reported in Schedule 
RC-E, Memorandum item 1.g., could reveal nonpublic supervisory 
information about an institution. The agencies are requesting comment 
on whether there should be any further changes to the Call Report 
instructions developed by the agencies to implement the revisions for 
which emergency approval was received from OMB. If modifications are 
made to the associated FDIC final rule, the agencies would modify the 
information collection revisions in this proposal to incorporate any 
necessary changes.

III. Timing

    The Call Report revisions made in response to the Housing Act, as 
implemented by the FDIC's interim final rule, were approved by OMB 
through the emergency clearance process, and these revisions have taken 
effect for the September 30, 2026, Call Report.

IV. Request for Comment

    Public comment is requested on all aspects of this joint notice. 
Comment is specifically invited on:
    (a) Whether the revised instructions accurately and clearly 
implement the amendments to the limited reciprocal deposit exception 
made by section 902 of the Housing Act;
    (b) Whether the proposed revisions to the collections of 
information that are the subject of this notice are necessary for the 
proper performance of the agencies' functions, including whether the 
information has practical utility;
    (c) The accuracy of the agencies' estimates of the burden of the 
information collections as they are proposed to be revised, including 
the validity of the methodology and assumptions used;
    (d) Ways to enhance the quality, utility, and clarity of the 
information to be collected;
    (e) Ways to minimize the burden of information collections on 
respondents, including through the use of automated collection 
techniques or other forms of information technology; and
    (f) Estimates of capital or start-up costs and costs of operation, 
maintenance, and purchase of services to provide information.

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    Comments submitted in response to this joint notice will be shared 
among the agencies.

Carl Kaminski,
Assistant Director, Office of the Comptroller of the Currency.
Erin M. Cayce,
Assistant Secretary of the Board.
Federal Deposit Insurance Corporation.

    Dated at Washington, DC on October 22, 2026.
Jennifer M. Jones,
Deputy Executive Secretary.
[FR Doc. 2026-21841 Filed 10-26-26; 8:45 am]
BILLING CODE 4810-33-P; 6210-01-P; 6714-01-P


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