A new Financial Institution Letter (FIL) to banks and savings institutions supervised by the Federal Deposit Insurance Corp. (FDIC) was issued Tuesday on fourth-quarter 2018 call reports, with highlights focused on the call report due date, what is and is not changing for fourth-quarter reporting, where to get guidance, and (for smaller institutions) what forms to file.
Federally insured financial institutions’ Consolidated Reports of Condition and Income (Call Report) for the Dec. 31, 2018, report date must be submitted to the agencies’ Central Data Repository (CDR) by Wednesday, Jan. 30, 2019, the letter notes. However, certain institutions with foreign offices have an additional five calendar days to file their reports.
Repeating some of the information included with an earlier FIL, Tuesday’s letter (FIL-3-2019) notes that the call report for the 2018 fourth quarter includes no new or revised data items. However, Memorandum item 1.h of Schedule RC-E, “Total reciprocal deposits as of June 30, 2018,” has been deleted. (This data item was collected on a one-time only basis in the September 2018 call report.)
In other highlights, the new FDIC letter notes:
- The call report forms for the fourth quarter of 2018 are available on the Federal Financial Institutions Examination Council’s (FFIEC) website at https://www.ffiec.gov/ffiec_report_forms.htm and the FDIC’s website at fdic.gov/callreports.
- Separate updates to the instruction book for the FFIEC 051 call report and the instruction book for the FFIEC 031 and FFIEC 041 call reports for the fourth quarter of 2018 will soon be available on the FFIEC’s and the FDIC’s websites.
- Eligible small institutions, generally those with domestic offices only and total assets less than $1 billion as of June 30, 2017, should file the same report form, either the FFIEC 051 or the FFIEC 041, for the fourth quarter of 2018 as they filed for the first three quarters of 2018.
- Institutions should review FIL-2-2019 [issued Jan. 11] and the accompanying Supplemental Instructions for further information on the fourth-quarter 2018 call report.
The letter notes that, for assistance with CDR system-related issues, including user accounts and passwords, institutions should contact the CDR Help Desk by telephone at 888-CDR-3111, by fax at 703-774-3946, or by email at Help@ffiec.gov between 9 a.m. and 8 p.m., ET, Monday through Friday.
FDIC says FIL-3-2019 expires one year after its issuance.