30 Nov Agency Collection Activity: Call Reports FFIEC 031, 041, 0511
November 30, 2020 – The FFIEC, of which the agencies are members, has approved the agencies’ publication for public comment of a proposal to revise and extend the Consolidated Reports of Condition and Income (Call Reports) (FFIEC 031, FFIEC 041, and FFIEC 051), which are currently approved collections of information. The agencies are requesting comment on an adjustment to the measurement date for certain total asset thresholds that trigger additional reporting requirements in the Call Reports for report dates in 2021 only due to institution asset growth in 2020 related to participation in various coronavirus disease 2019 (COVID-19) related stimulus activities.
Comments must be submitted on or before January 29, 2021.
Temporary relief to Community Banking Organizations related to asset threshold reporting for Call Reports (FFIEC 031, 041, 0511) in 2020 & 2021
For more information, visit www.federalregister.gov.