OCC, Fed Board, FDIC Seek Comments on 3-Year Call Report Extension
National banks, state member banks and insured state nonmember banks must comment on revised Call Report rules by Dec 28 2026.
The Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation issued a joint notice proposing to revise and extend for three years the Consolidated Reports of Condition and Income (Call Report) collections - FFIEC 031, FFIEC 041, and FFIEC 051. The revisions apply to national banks and Federal savings associations, State member banks, and insured State nonmember banks and State savings associations.
Comments must be submitted on or before December 28, 2026. Submissions may be made by email, mail, hand delivery, or fax to the OCC; through the Federal Reserve Board's proposal portal, mail, hand delivery, or email to the Board; or via the FDIC's website, email, mail, or hand delivery. All comments will be shared among the agencies and posted publicly in accordance with their respective procedures.
The agencies cite OMB control numbers 1557-0081 (OCC), 7100-0036 (Board), and 3064-0052 (FDIC). The OCC estimates 934 respondents with an average burden of 41.38 hours per quarter, totaling 154,596 annual burden hours. The Board estimates 705 respondents, 45.21 hours per quarter, and 127,492 annual burden hours. The FDIC estimates 2,657 respondents, 38.81 hours per quarter, and 412,473 annual burden hours. Average quarterly burden hours across the three report types are 86.25 for FFIEC 031, 55.56 for FFIEC 041, and 34.99 for FFIEC 051.
The revisions are linked to an interim final rule implementing section 902 of the 21st Century ROAD to Housing Act, for which the agencies received emergency OMB approval. The notice states that the changes do not materially affect the existing burden estimates, and that periodic updates will continue to clarify guidance and correct typographical errors on the forms.
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