# FDIC FIL-4-2018: Revisions to the Consolidated Reports of Condition and Income (Call Report) for March and June 2018 > Federal · Agency guidance · Superseded URL: https://www.frixlaw.com/law-library/statutes/FDIC_FIL18004 ## Section - **Citation:** FDIC FIL-4-2018 - **Heading:** Revisions to the Consolidated Reports of Condition and Income (Call Report) for March and June 2018 - **Jurisdiction:** Federal - **Kind:** Agency guidance - **Status:** Superseded - **Text as of:** August 14, 2026 - **Source:** Compiled text - **Location:** FDIC Financial Institution Letters / Revisions to the Consolidated Reports of Condition and Income (Call Report) for March and June 2018 ## Text Financial Institution Letter FIL-4-2018 January 5, 2018 REVISIONS TO THE CONSOLIDATED REPORTS OF CONDITION AND INCOME (CALL REPORT) FOR MARCH AND JUNE 2018 Summary: As part of their ongoing efforts to ease reporting requirements and lessen reporting burden, particularly for small institutions, the federal banking agencies, under the auspices of the Federal Financial Institutions Examination Council (FFIEC), have finalized additional burden-reducing revisions that will be made to all three versions of the Call Report effective June 30, 2018. Call Report revisions to address changes in the accounting for equity securities and other equity investments will take effect March 31, 2018. These revised Call Report requirements, which were issued for comment in June 2017, are subject to approval by the U.S. Office of Management and Budget. 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. Distribution: FDIC-Supervised Banks (Commercial and Savings) and FDIC-Supervised Savings Associations Highlights: • The burden-reducing changes being implemented by the agencies apply to the new FFIEC 051 Call Report as well as the FFIEC 041 and FFIEC 031 Call Reports. o These revisions will take effect as of the June 30, 2018, report date, which is the proposed effective date of further burden-reducing Call Report revisions about which the agencies recently requested comment (see FIL-57-2017, dated November 8, 2017). o For small institutions filing the FFIEC 051, the reporting changes will affect approximately seven percent of the data items collected. • Revisions will be made to several Call Report schedules as of March 31, 2018, in response to changes in the accounting for equity securities and other equity investments that take effect for some institutions in the first quarter of 2018 8, 2017). o For small institutions filing the FFIEC 051, the reporting changes will affect approximately seven percent of the data items collected. • Revisions will be made to several Call Report schedules as of March 31, 2018, in response to changes in the accounting for equity securities and other equity investments that take effect for some institutions in the first quarter of 2018. • The agencies’ June 2017 proposal also included an instructional revision for determining past-due status for regulatory reporting purposes. Based on the comments received on this aspect of the proposal, the agencies are not introducing this proposed instructional revision at this time. • Redlined copies of the FFIEC 051, FFIEC 041, and FFIEC 031 report forms showing the Call Report revisions and the related draft instructions are available on the FFIEC’s website (https://www.ffiec.gov/ffiec_report_forms.htm). This website also includes draft revised instructions to implement the agencies’ regulatory capital transitions final rule in the Call Report for March 31, 2018 (see FIL-60-2017, dated November 21, 2017). • Institutions should review FIL-2-2018 for further information about the revisions to the Call Report requirements. Suggested Routing: Chief Financial Officer Chief Accounting Officer Call Report Preparer Related Topics: FIL-2-2018, January 3, 2018, Revisions to the Consolidated Reports of Condition and Income (Call Report) for March and June 2018 FIL-25-2017, June 29, 2017, Proposed Revisions to the Consolidated Reports of Condition and Income (Call Report) FIL-24-2017, June 27, 2017, Proposed Revisions to the Consolidated Reports of Condition and Income (Call Report) Contact: FDIC’s Data Collection and Analysis Section at 800-688-3342 or FDICInfoReq@fdic.gov Note: FDIC Financial Institution Letters (FILs) may be accessed from the FDIC's website at https://www.fdic.gov/news/news/financial/2018/ ts of Condition and Income (Call Report) FIL-24-2017, June 27, 2017, Proposed Revisions to the Consolidated Reports of Condition and Income (Call Report) Contact: FDIC’s Data Collection and Analysis Section at 800-688-3342 or FDICInfoReq@fdic.gov Note: FDIC Financial Institution Letters (FILs) may be accessed from the FDIC's website at https://www.fdic.gov/news/news/financial/2018/. To receive FILs electronically, please visit https://service.govdelivery.com/accounts/USFDIC/s ubscriber/new. Paper copies may be obtained via the FDIC's Public Information Center, 3501 Fairfax Drive, E-1002, Arlington, VA 22226 (877-275-3342 or 703-562-2200). Federal Deposit Insurance Corporation 550 17th Street, NW, Washington, D.C. 20429-9990 ## Nearby sections - [FDIC FIL-1-2002 FOREIGN ASSETS CONTROL ACT](https://www.frixlaw.com/law-library/statutes/FDIC_FIL02001.md) - [FDIC FIL-1-2010 Employee Compensation Advance Notice of Proposed Rulemaking](https://www.frixlaw.com/law-library/statutes/FDIC_FIL10001.md) - [FDIC FIL-1-2015 DEPOSITORY INSTITUTION REPORTS](https://www.frixlaw.com/law-library/statutes/FDIC_FIL15001.md) - [FDIC FIL-1-2018 DEPOSITORY INSTITUTION REPORTS](https://www.frixlaw.com/law-library/statutes/FDIC_FIL18001.md) - [FDIC FIL-1-2024 Consolidated Reports of Condition and Income for Fourth Quarter 2023](https://www.frixlaw.com/law-library/statutes/FDIC_FIL24001.md) - [FDIC FIL-2-2019 DEPOSITORY INSTITUTION REPORTS](https://www.frixlaw.com/law-library/statutes/FDIC_FIL19002.md) - [FDIC FIL-2-2020 Consolidated Reports of Condition and Income for Fourth Quarter 2019](https://www.frixlaw.com/law-library/statutes/FDIC_FIL20002.md) - [FDIC FIL-3-2017 Community Banking Conference 2016 Highlights](https://www.frixlaw.com/law-library/statutes/FDIC_FIL17003.md) - [FDIC FIL-4-2015 The FDIC Launches Web Page to Support Marketing of Failing Financial Institutions](https://www.frixlaw.com/law-library/statutes/FDIC_FIL15004.md) - [FDIC FIL-4-2018 Revisions to the Consolidated Reports of Condition and Income (Call Report) for March and June 2018](https://www.frixlaw.com/law-library/statutes/FDIC_FIL18004.md) - [FDIC FIL-4-2019 Banker Webinar: Update on the Standardized Export of Imaged Loan Documents Initiative](https://www.frixlaw.com/law-library/statutes/FDIC_FIL19004.md) - [FDIC FIL-4-2021 Revised Guidelines for Appeals of Material Supervisory Determinations](https://www.frixlaw.com/law-library/statutes/FDIC_FIL21004.md) - [FDIC FIL-4-2023 Guidance to Help Financial Institutions and Facilitate Recovery in Areas of California Affected by Severe Winter Storms, Flooding, Landslides and Mudslides](https://www.frixlaw.com/law-library/statutes/FDIC_FIL23004.md) - [FDIC FIL-4-2025 FDIC Statement of Policy on Bank Merger Transactions](https://www.frixlaw.com/law-library/statutes/FDIC_FIL25004.md) --- Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/FDIC_FIL18004. 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