On Jul. 15, FDIC published guidance on second quarter call reports.
FDIC issued guidance on second quarter consolidated reports of condition and income.
Included FFIEC supplemental call report instructions in redline and clean versions.
Follows FDIC Apr. 2025 issued letter on call reports guidance, deadlines, see #249543.
Summary
Encouraged preparation, editing, review of reports early to identify edit exceptions.
No new data items this quarter for the FFIEC 031, FFIEC 041, FFIEC 051 forms.
Software preparation, reporting data electronically to central data repository (CDR).
Or preparation on paper, then converting to electronic format for submission to CDR.
FFIEC is planning to add multifactor authentication (MFA) to CDR for Q3 and Q4.
Reports must be timely filed and and pass FFIEC criteria for validity and quality edits or, where necessary, contain explanations for any quality edits that are not passed.
Effectiveness
Except for certain institutions with foreign offices, report deadline is Jul. 30, 2025.
Deadline for institutions with more than one foreign office, other than a shell branch or an international banking facility, is five calendar days later, so August 4, 2025.
