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Tuesday, August 25, 2015

FDIC Weekly Digest Bulletin

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From: Tammy Perea <tammyperea@rocketmail.com>
Date: Dec 11, 2011 8:19 PM
Subject: FDIC Subscriptions Weekly Digest Bulletin
To: patty.ptusss.martinez845.appropriator@blogger.com
Cc:

>
>
> Tammy Perea Vice President of The United States
> http://myspace.com/560199884tp
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> ------Original Message------
> From: guy perea <guyperea@rocketmail.com>
> To: <ffdca@googlegroups.com>
> Date: Sunday, December 11, 2011 3:17:27 PM GMT+0000
> Subject: FDIC Subscriptions Weekly Digest Bulletin
>
>
>
> ----------
> Sent from AT&T's Wireless network using Mobile Email
>
> ------Original Message------
> From: FDIC Subscriptions <subscriptions@fdic.gov>
> To: <guyperea@rocketmail.com>
> Date: Sunday, December 11, 2011 6:46:45 AM GMT-0600
> Subject: FDIC Subscriptions Weekly Digest Bulletin
>
> ________________________________________________________________________
>
> *Message 1*
> *From:* FDIC Subscriptions <subscriptions@fdic.gov>
> *Date:* Dec, Mon 5 2011 10:02 -0500 (EST)
> *Subject: *FDIC Issues List of Banks Examined for CRA Compliance
>
> *Press Release*
>
> *FDIC Issues List of Banks Examined for CRA Compliance*
>
> *FOR IMMEDIATE RELEASE
> December 5, 2011 * *Media Contact:
> Greg Hernandez (202) 898-6984
> Cell: (202) 340-4922
> Email: ghernandez@fdic.gov
>
>  
>
> The Federal Deposit Insurance Corporation (FDIC) today issued its list of state nonmember banks recently evaluated for compliance with the Community Reinvestment Act (CRA). The list covers evaluation ratings that the FDIC assigned to institutions in September 2011. The CRA is a 1977 law intended to encourage insured banks and thrifts to meet local credit needs, including those of low- and moderate-income neighborhoods, consistent with safe and sound operations. As part of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA), Congress mandated the public disclosure of an evaluation and rating for each bank or thrift that undergoes a CRA examination on or after July 1, 1990.
>
> A consolidated list of all state nonmember banks whose evaluations have been made publicly available since July 1, 1990, including the rating for each bank, can be obtained from the FDIC's Public Information Center, located at 3501 Fairfax Drive, Room E-1002, Arlington, VA 22226 (877-275-3342 or 703-562-2200), or via the Internet at www.fdic.gov [ http://www.fdic.gov/ ].
>
> A copy of an individual bank's CRA evaluation is available directly from the bank, which is required by law to make the material available upon request, or from the FDIC's Public Information Center.
>
> *Attachments:*
> Monthly list of Banks Examined for CRA Compliance [ http://www.fdic.gov/regulations/community/monthly/ ]
> December 2011 List of Banks Examined for CRA Compliance [ http://www.fdic.gov/regulations/community/monthly/2011/cradec11.html ]
>
> # # #
>
> Congress created the Federal Deposit Insurance Corporation in 1933 to restore public confidence in the nation's banking system. The FDIC insures deposits at the nation's 7,437 banks and savings associations, and it promotes the safety and soundness of these institutions by identifying, monitoring and addressing risks to which they are exposed. The FDIC receives no federal tax dollars — insured financial institutions fund its operations.
>
> FDIC press releases and other information are available on the Internet at www.fdic.gov [ http://www.fdic.gov/ ], by subscription electronically (go to www.fdic.gov/about/subscriptions/index.html [ http://www.fdic.gov/about/subscriptions/index.html ]) and may also be obtained through the FDIC's Public Information Center (877-275-3342 or 703-562-2200). *PR-187-2011* [ http://www.fdic.gov/news/news/press/2011/pr11187.html ]
>
> The FDIC does not send unsolicited e-mail. If this publication has reached you in error, or if you no longer wish to receive this service, please unsubscribe [ http://www.fdic.gov/about/subscriptions/profile_intro.html ].
>
> ________________________________________________________________________
>
> *Message 2*
> *From:* FDIC Subscriptions <subscriptions@fdic.gov>
> *Date:* Dec, Tue 6 2011 11:45 -0500 (EST)
> *Subject: *Statement by FDIC Acting Chairman Martin J. Gruenberg on Implementation of the Dodd-Frank Act
>
> Statement by FDIC Acting Chairman Martin J. Gruenberg on Implementation of the Dodd-Frank Act before the Committee on Banking, Housing and Urban Affairs of the United States Senate delivered December 6, 2011 are available at the following link:
>
> http://www.fdic.gov/news/news/speeches/chairman/spdec0611.html
>
> FDIC speeches, testimony, and other information are available on the Internet at _www.fdic.gov_ [ http://www.fdic.gov//oblocked::http://www.fdic.gov/blocked::http://www.fdic.gov/%20blocked::http://www.fdic.gov/%20blocked::http://www.fdic.gov/%20blocked::http://www.fdic.gov/%20FDIC%20Website ], by subscription electronically (go to _www.fdic.gov/about/subscriptions/index.html_ [ http://www.fdic.gov/about/subscriptions/index.html/oblocked::http://www.fdic.gov/about/subscriptions/index.htmlblocked::http://www.fdic.gov/about/subscriptions/index.html%20blocked::http://www.fdic.gov/about/subscriptions/index.html%20blocked::http://www.fdic.gov/about/subscriptions/index.html%20blocked::http://www.fdic.gov/about/subscriptions/index.html%20About%20FDIC%20Su ]) and may also be obtained through the FDIC's Public Information Center (877-275-3342 or 703-562-2200).
>
>  
>
>  
>
> ________________________________________________________________________
>
> *Message 3*
> *From:* FDIC Subscriptions <subscriptions@fdic.gov>
> *Date:* Dec, Wed 7 2011 11:02 -0500 (EST)
> *Subject: *FDIC Board Approves 2012 Operating Budget
>
> *Press Release*
>
> *FDIC Board Approves 2012 Operating Budget*
>
> *FOR IMMEDIATE RELEASE
> December 7, 2011 * *Media Contact:
> Andrew Gray
> (202) 898-7192
> E-mail: angray@fdic.gov
>
>  
>
> The Board of Directors of the Federal Deposit Insurance Corporation (FDIC) today approved a $3.28 billion Corporate Operating Budget for 2012, 15.4 percent lower than the 2011 budget. "It appears that the peak of the recent banking failures may have passed and the FDIC is now positioned to begin reducing budget and staffing levels while continuing to fulfill our mission and maintain readiness to handle remaining bank failure and supervisory challenges," said FDIC Acting Chairman Martin Gruenberg. "While this budget reflects our priority to reduce costs where prudent, it also allocates the resources needed to implement new authorities under the "Dodd-Frank Wall Street Reform and Consumer Protection Act", primarily the FDIC's ability to facilitate the orderly resolution of a large, complex financial institution." In conjunction with its approval of the 2012 operating budget, the Board also approved an authorized 2012 staffing level of 8,704 employees, down from 9,269 currently authorized, a net reduction of 565 positions, with further reductions projected in 2013 and future years. Over one-third of the FDIC's total staffing authorized for 2012 will be temporary hires to assist with bank closings; perform follow-on work related to the management and sale of failed bank assets; and support supervision of a continued high number of problem banks. There were 157 bank failures in 2010 and 90 to date this year.
>
> Attachment:
> Proposed 2012 Operating Budget - PDF [ http://www.fdic.gov/news/board/DEC152009no4.pdf ] (PDF Help [ http://www.fdic.gov/acrobat.html ])
>
> # # #
>
> Congress created the Federal Deposit Insurance Corporation in 1933 to restore public confidence in the nation's banking system. The FDIC insures deposits at the nation's 7,437 banks and savings associations and it promotes the safety and soundness of these institutions by identifying, monitoring and addressing risks to which they are exposed. The FDIC receives no federal tax dollars – insured financial institutions fund its operations.
>
> FDIC press releases and other information are available on the Internet at www.fdic.gov [ http://www.fdic.gov/ ], by subscription electronically (go to www.fdic.gov/about/subscriptions/index.html [ http://www.fdic.gov/about/subscriptions/index.html ]) and may also be obtained through the FDIC's Public Information Center (877-275-3342 or 703-562-2200). *PR-188-2011 [ http://www.fdic.gov/news/news/press/2011/pr11188.html ]*
>
> The FDIC does not send unsolicited e-mail. If this publication has reached you in error, or if you no longer wish to receive this service, please unsubscribe [ http://www.fdic.gov/about/subscriptions/profile_intro.html ].
>
> You are subscribed to Press Releases for FDIC Subscriptions. This information has recently been updated, and is now available.
>
>  
>
> ________________________________________________________________________
>
> *Message 4*
> *From:* FDIC Subscriptions <subscriptions@fdic.gov>
> *Date:* Dec, Wed 7 2011 11:14 -0500 (EST)
> *Subject: *FIL-72-2011: Proposed Revisions to Consolidated Reports of Condition and Income (Call Report) for 2012
>
>  
>
> *Financial Institution Letter*
>
>    Federal Financial Institutions Examination Council
> ________________________________________________________________________
>
> ________________________________________________________________________
>
> 3501 Fairfax Drive - Room B7081a - Arlington, VA 22226-3550 - (703) 516-5588 - FAX (703) 562-6446 - http://www.ffiec.gov [ http://www.ffiec.gov/ ] ________________________________________________________________________
>
>
>
>   FIL-72-2011
> December 7, 2011
>
> BANK REPORTS
>
> *TO:* CHIEF EXECUTIVE OFFICER (also of interest to Chief Financial Officer) *SUBJECT:* Proposed Revisions to Consolidated Reports of Condition and Income (Call Report) for 2012   
>
> The Federal Deposit Insurance Corporation (FDIC), the Federal Reserve Board (Board), and the Office of the Comptroller of the Currency (OCC) are requesting comment on proposed revisions to the Call Report that would take effect in 2012. The agencies encourage you to review the proposal, which has been approved by the Federal Financial Institutions Examination Council (FFIEC), and comment on those aspects of interest to you. You may send comments to any or all of the agencies by the methods described in the attached "Federal Register" notice. All comments must be submitted by January 20, 2012. The FFIEC and the agencies will review and consider all comments as they finalize the revisions to the Call Report.
>
> The revisions are intended to provide data to meet safety-and-soundness needs or for other public purposes. The proposed new data items would be added to the Call Report as of the June 30, 2012, report date, except for two proposed revisions that would take effect March 31, 2012, in connection with the initial filing of Call Reports by savings associations. The proposed new data items, which are focused primarily on institutions with $1 billion or more in total assets, would help the agencies better understand institutions' lending activities and credit risk exposures. The agencies also are proposing certain revisions to the Call Report instructions that would take effect March 31, 2012. The proposed reporting changes include:
>
>
>   * A new Schedule RI-C, Disaggregated Data on the Allowance for Loan and Lease Losses, in which institutions with total assets of $1 billion or more would report a breakdown by key loan category of the end-of-period allowance for loan and lease losses (ALLL) disaggregated by impairment method and the end-of-period recorded investment in held-for-investment loans and leases related to each ALLL balance;
>   * A new Schedule RC-U, Loan Origination Activity, in which institutions with total assets of $300 million or more would report, separately for several loan categories, the quarter-end balance sheet amount of loans reported in Schedule RC-C, Loans and Lease Financing Receivables, that were originated during the quarter, and institutions with total assets of $1 billion or more would also report for these loan categories the portions of the quarter-end amount of loans originated during the quarter that were (a) originated under a newly established loan commitment and (b) not originated under a loan commitment;
>   * New Memorandum items in Schedule RC-N, Past Due and Nonaccrual Loans, Leases, and Other Assets, for the total outstanding balance and related carrying amount of purchased credit-impaired loans that are past due 30 through 89 days and still accruing, past due 90 days or more and still accruing, and in nonaccrual status;
>   * New items in Schedule RC-P, 1-4 Family Residential Mortgage Banking Activities, in which institutions with $1 billion or more in total assets and smaller institutions with significant mortgage banking activities would report the amount of representation and warranty reserves for 1-4 family residential mortgage loans sold (in domestic offices), with separate disclosure of reserves for representations and warranties made to U.S. government and government-sponsored agencies and to other parties;
>   * New items in Schedule RC-M, Memoranda, in which savings associations and certain state savings and cooperative banks would report on the test they use to determine compliance with the Qualified Thrift Lender requirement and whether they have remained in compliance with this requirement;
>   * Revisions to two existing items in Schedule RC-R, Regulatory Capital, used to calculate the leverage ratio denominator to accommodate certain differences between the regulatory capital standards that apply to the leverage capital ratios of banks versus savings associations; and
>   * Instructional revisions addressing:
>   * The discontinued use of specific valuation allowances by savings associations when they begin to file the Call Report instead of the TFR beginning in March 2012;
>   * The reporting of the number of deposit accounts of $250,000 or less in Schedule RC-O, Other Data for Deposit Insurance and FICO Assessments, by institutions that have issued certain brokered deposits; and
>   * The accounting and reporting treatment for capital contributions in the form of cash or notes receivable.
>
> To help you understand the proposed changes to the Call Report, drafts of the March and June 2012 report forms should be available on the FFIEC's Web site (www.ffiec.gov/ffiec_report_forms.htm [ http://www.ffiec.gov/ffiec_report_forms.htm ]) later today. Draft instructions for the proposed reporting changes will be posted on the FFIEC's Web site later in December.
>
> Please forward this letter to the person responsible for preparing Call Reports at your institution. For further information about the proposed reporting revisions, state member banks should contact their Federal Reserve District Bank. National banks, savings associations, and FDIC-supervised banks should contact the FDIC's Data Collection and Analysis Section in Washington, D.C., by telephone at (800) 688 FDIC (3342) or by e-mail at insurance-research@fdic.gov.
>
>  
>
>  
>
> Judith E. Dupre  Executive Secretary
>
> *Attachment:*
> "Federal Register" Notice - PDF [ http://www.ffiec.gov/pdf/FFIEC_forms/FFIEC031_FFIEC041_20111121_ifr.pdf ] (www.ffiec.gov) (PDF Help [ http://www.fdic.gov/acrobat.html ])
>
> *Distribution:*
> FDIC-Supervised Banks and Savings Institutions, National Institutions, State Member Institutions, and Savings Associations *FIL-72-2011 [ http://www.fdic.gov/news/news/financial/2011/fil11072.html ]*
>
> The FDIC does not send unsolicited e-mail. If this publication has reached you in error, or if you no longer wish to receive this service, please unsubscribe [ http://www.fdic.gov/about/subscriptions/profile_intro.html ].
>
> You are subscribed to Financial Institution Letters for FDIC Subscriptions. This information has recently been updated, and is now available.
>
>  
>
> ________________________________________________________________________
>
> *Message 5*
> *From:* FDIC Subscriptions <subscriptions@fdic.gov>
> *Date:* Dec, Wed 7 2011 11:22 -0500 (EST)
> *Subject: *FDIC Board Approves 2012 Operating Budget - Revised Version
>
> *Press Release*
>
> *FDIC Board Approves 2012 Operating Budget*
>
>  
>
> * FOR IMMEDIATE RELEASE
> December 7, 2011 * * Media Contact:
> Andrew Gray
> (202) 898-7192
> E-mail: angray@fdic.gov
>
>  
>
> The Board of Directors of the Federal Deposit Insurance Corporation (FDIC) today approved a $3.28 billion Corporate Operating Budget for 2012, 15.4 percent lower than the 2011 budget. "It appears that the peak of the recent banking failures may have passed and the FDIC is now positioned to begin reducing budget and staffing levels while continuing to fulfill our mission and maintain readiness to handle remaining bank failure and supervisory challenges," said FDIC Acting Chairman Martin Gruenberg. "While this budget reflects our priority to reduce costs where prudent, it also allocates the resources needed to implement new authorities under the "Dodd-Frank Wall Street Reform and Consumer Protection Act", primarily the FDIC's ability to facilitate the orderly resolution of a large, complex financial institution." In conjunction with its approval of the 2012 operating budget, the Board also approved an authorized 2012 staffing level of 8,704 employees, down from 9,269 currently authorized, a net reduction of 565 positions, with further reductions projected in 2013 and future years. Over one-third of the FDIC's total staffing authorized for 2012 will be temporary hires to assist with bank closings; perform follow-on work related to the management and sale of failed bank assets; and support supervision of a continued high number of problem banks. There were 157 bank failures in 2010 and 90 to date this year.
>
> Attachment:
> Proposed 2012 Operating Budget - PDF [ http://www.fdic.gov/news/board/2011decno12.pdf ] (PDF Help [ http://www.fdic.gov/acrobat.html ])
>
> # # #
>
> Congress created the Federal Deposit Insurance Corporation in 1933 to restore public confidence in the nation's banking system. The FDIC insures deposits at the nation's 7,437 banks and savings associations and it promotes the safety and soundness of these institutions by identifying, monitoring and addressing risks to which they are exposed. The FDIC receives no federal tax dollars – insured financial institutions fund its operations.
>
> FDIC press releases and other information are available on the Internet at www.fdic.gov [ http://www.fdic.gov/ ], by subscription electronically (go to www.fdic.gov/about/subscriptions/index.html [ http://www.fdic.gov/about/subscriptions/index.html ]) and may also be obtained through the FDIC's Public Information Center (877-275-3342 or 703-562-2200). *PR-188-2011 [ http://www.fdic.gov/news/news/press/2011/pr11188.html ]*
>
> The FDIC does not send unsolicited e-mail. If this publication has reached you in error, or if you no longer wish to receive this service, please unsubscribe [ http://www.fdic.gov/about/subscriptions/profile_intro.html ].
>
> ________________________________________________________________________
>
> *Message 6*
> *From:* FDIC Subscriptions <subscriptions@fdic.gov>
> *Date:* Dec, Wed 7 2011 14:02 -0500 (EST)
> *Subject: *Agencies Seek Comment on Additional Revisions to the Market Risk Capital Rules
>
> *Press Release*
>
> ________________________________________________________________________
>
> *Joint Release* *Board of Governors of the Federal Reserve System
> Federal Deposit Insurance Corporation
> Office of the Comptroller of the Currency * 
> ________________________________________________________________________
>
>  
>
> *For Immediate Release* *December 7, 2011* 
>
> *Agencies Seek Comment on Additional Revisions to the Market Risk Capital Rules*
>
> The federal bank regulatory agencies today announced they are seeking comment on a notice of proposed rulemaking (NPR) that would amend an earlier NPR announced in December 2010. The initial NPR proposed modifications to the agencies' market risk capital rules for banking organizations with significant trading activities.
>
> The amended NPR includes alternative standards of creditworthiness to be used in place of credit ratings to determine the capital requirements for certain debt and securitization positions covered by the market risk capital rules. The proposed creditworthiness standards include the use of country risk classifications published by the Organization for Economic Cooperation and Development for sovereign positions, company-specific financial information and stock market volatility for corporate debt positions, and a supervisory formula for securitization positions.
>
> The earlier NPR was based largely on the revisions to the market risk framework published by the Basel Committee on Banking Supervision since 2005. However, it did not include aspects of the Basel Committee revisions that rely on credit ratings. Under the Dodd-Frank Wall Street Reform and Consumer Protection Act, all federal agencies must remove references to, and requirements of, reliance on credit ratings from their regulations and replace them with appropriate alternatives for evaluating creditworthiness. The agencies believe that the capital requirements resulting from the implementation of these alternative standards would be generally consistent with the standards in the Basel Committee's revisions.
>
> The agencies expect to publish a final market risk capital rule after consideration of the comments on both NPRs. Comments on this NPR are requested by February 3, 2012.
>
> # # #
>
> *Attachment: *
>
> Proposed Rule on Risk-Based Capital Guidelines, Market Risk Alternatives to Credit Ratings for Debt and Securitization Positions - PDF. [ http://www.fdic.gov/news/news/press/2011/pr11189a.pdf ] (PDF Help [ http://www.fdic.gov/acrobat.html ])
>
> *Media Contacts:*
>
> Federal Reserve Barbara Hagenbaugh 202-452-2955 FDIC David Barr 202-898-6992 OCC Dean DeBuck 202-874-5770
>
> *(FDIC: PR-189-2011 [ http://www.fdic.gov/news/news/press/2011/pr11189.html ])*
>
> The FDIC does not send unsolicited e-mail. If this publication has reached you in error, or if you no longer wish to receive this service, please unsubscribe [ http://www.fdic.gov/about/subscriptions/profile_intro.html ].
>
> You are subscribed to Press Releases for FDIC Subscriptions. This information has recently been updated, and is now available.
>
>  
>
> ________________________________________________________________________
>
> *Message 7*
> *From:* FDIC Subscriptions <subscriptions@fdic.gov>
> *Date:* Dec, Thu 8 2011 08:12 -0500 (EST)
> *Subject: *FDIC Board Approves New Office of Corporate Risk Management
>
> *Press Release*
>
> *FDIC Board Approves New Office of Corporate Risk Management*
>
> *FOR IMMEDIATE RELEASE
> December 8, 2011 * *Media Contact:
> Greg Hernandez (202) 898-6984
> Cell: (202) 340-4922
> E-mail: ghernandez@fdic.gov
>
>  
>
> The Board of Directors of the Federal Deposit Insurance Corporation (FDIC) today approved the organizational plan of the Office of Corporate Risk Management (OCRM) that will assess external and internal risks faced by the FDIC. The office will report directly to the FDIC Board and will be managed by Stephen A. Quick, who was appointed as the FDIC's first Chief Risk Officer last July.
>
> Acting FDIC Chairman Martin Gruenberg said, "Over the last several years, the FDIC has confronted a variety of complex new challenges associated with the financial crisis, changing landscape of the banking industry, and significant regulatory changes enacted into law. Managing the risks that may arise from these challenges is a significant and continually evolving priority for the agency. By creating a central risk office, the FDIC is adopting a current best practice in the financial industry, and will build upon its existing commitment to careful risk management within the Corporation. This change will enhance the Agency's existing practices, while incorporating key lessons from both the public and private sector into the FDIC's approach to risk management."
>
> When fully staffed, the OCRM will have a core of 15 employees and will work with internal committees and risk-specific working groups. Front-line offices and divisions will continue to be responsible for risk management. The new Office will play an advisory and supporting role and will identify risks that require consideration by senior management and the Board.
>
> # # #
>
> Congress created the Federal Deposit Insurance Corporation in 1933 to restore public confidence in the nation's banking system. The FDIC insures deposits at the nation's 7,437 banks and savings associations, and it promotes the safety and soundness of these institutions by identifying, monitoring and addressing risks to which they are exposed. The FDIC receives no federal tax dollars — insured financial institutions fund its operations.
>
> FDIC press releases and other information are available on the Internet at www.fdic.gov [ http://www.fdic.gov/ ], by subscription electronically (go to www.fdic.gov/about/subscriptions/index.html [ http://www.fdic.gov/about/subscriptions/index.html ]) and may also be obtained through the FDIC's Public Information Center (877-275-3342 or 703-562-2200). **PR-190-2011* [ http://www.fdic.gov/news/news/press/2011/pr11190.html ]
>
> *
>
> The FDIC does not send unsolicited e-mail. If this publication has reached you in error, or if you no longer wish to receive this service, please unsubscribe [ http://www.fdic.gov/about/subscriptions/profile_intro.html ].
>
> You are subscribed to Press Releases for FDIC Subscriptions. This information has recently been updated, and is now available.
>
>  
>
> ________________________________________________________________________
>
> *Message 8*
> *From:* FDIC Subscriptions <subscriptions@fdic.gov>
> *Date:* Dec, Thu 8 2011 12:22 -0500 (EST)
> *Subject: *FDIC State Profiles - Third Quarter 2011
>
>  
>
> The Third Quarter 2011 "FDIC State Profiles" [ http://www.fdic.gov/bank/analytical/stateprofile/index.html ] are now available on-line. The "FDIC State Profiles" are formatted as a quarterly data sheet summation of economic and banking conditions for all fifty states, Puerto Rico, and the Virgin Islands. They are available in PDF format.
>
>   
>
> The FDIC also recently released the Third Quarter 2011 "Quarterly Banking Profile" [ http://www2.fdic.gov/QBP/index.asp ] (QBP), which provides aggregate financial results for all FDIC-insured institutions. The Press Release for the QBP can be viewed at http://www.fdic.gov/news/news/press/2011/pr11182.html.
>
>                                                                                                                                                                              
>
> ________________________________________________________________________
>
> *Message 9*
> *From:* FDIC Subscriptions <subscriptions@fdic.gov>
> *Date:* Dec, Fri 9 2011 12:32 -0500 (EST)
> *Subject: *FIL-73-2011: Consolidated Reports of Condition and Income
>
> *Financial Institution Letter*
>
> *Consolidated Reports of Condition and Income* FIL-73-2011
> December 9, 2011
>
> *Summary:* The Federal Financial Institutions Examination Council (FFIEC) has approved proposed revisions to the Consolidated Reports of Condition and Income (Call Report) for implementation in 2012. The FDIC and the other banking agencies invite depository institutions and others to review and comment on the proposal by January 20, 2012. As discussed in FIL-72-2011 [ http://www.fdic.gov/news/news/financial/2011/fil11072.html ], dated December 7, 2011, the proposed new Call Report items would be added to the report beginning June 30, 2012, except for two proposed revisions that would take effect when savings associations start filing the Call Report as of the March 31, 2012, report date. Proposed revisions to certain Call Report instructions would take effect March 31, 2012.
>
> *Statement of Applicability to Institutions Under $1 Billion in Total Assets:* This Financial Institution Letter applies to all FDIC-supervised banks and savings associations, including community institutions. Institutions under $1 billion in total assets would not be required to complete some of the proposed new Call Report items.
>
>
>
>  
>
> *Distribution:*
> FDIC-Supervised Banks (Commercial and Savings) and FDIC-Supervised Savings Associations
>
> *Complete Financial Institution Letter:* http://www.fdic.gov/news/news/financial/2011/fil11073.html
>
> The FDIC does not send unsolicited e-mail. If this publication has reached you in error, or if you no longer wish to receive this service, please unsubscribe [ http://www.fdic.gov/about/subscriptions/profile_intro.html ].
>
> You are subscribed to Financial Institution Letters for FDIC Subscriptions. This information has recently been updated, and is now available.
>
>  
>
> ________________________________________________________________________
>
> FDIC [ http://www.fdic.gov/ ] Questions for FDIC?
> Contact Us [ http://www.fdic.gov/about/contact/ask/index.html ]
>
>  
>
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