On January 24, the Federal Financial Institutions Examination Council (FFIEC) announced that it has approved several revisions to the Consolidated Reports of Condition and Income (Call Report) for implementation as of March 31, 2014, and March 31, 2015. The FFIEC also has approved revisions to the FFIEC 101 Regulatory Capital Reporting for Institutions Subject to the Advanced Capital Adequacy Framework that will take effect March 31, 2014.

The changes apply to all Federal Deposit Insured Corporation-insured banks and savings associations, including community institutions, although certain Call Report revisions are not applicable to institutions under $1 billion in total assets, and other Call Report changes will not be applicable to certain institutions of this size because of the subject matter of the new data items. The FFIEC 101 report is generally not applicable to institutions with under $1 billion in total assets.  

Institutions should review FIL-3-2014, dated January 22, for further information about the regulatory reporting revisions for March 2014 and March 2015. FIL-3-2014 can be accessed here.