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Federal banking regulators proposed revising the call report consistent with their proposed rule to update regulatory capital standards.
Proposed Changes: The agencies proposed substantive changes for banks that file the FFIEC 031 call report or banks that would be subject to the expanded risk-based approach under the proposed capital rule. The proposal would make technical revisions to the FFIEC 041 and FFIEC 051 call reports, such as removing items that are no longer relevant.
Proposed Effective Date: The agencies proposed making these reporting changes effective for the third quarter of 2025, consistent with the proposed July 1, 2025, effective date for the proposed capital rule.
Comment Deadline: Comments are due by March 26, 2024.