How does the FDIC use call report data?
The agencies use Call Report data to evaluate the corporate applications of institutions, and to calculate the deposit insurance assessments of institutions and the semiannual assessment fees of national banks and federal savings associations.
What does the FDIC summary of deposits mean?
Summary of Deposits. The Summary of Deposits (SOD) is the annual survey of branch office deposits as of June 30 for all FDIC-insured institutions, including insured U.S. branches of foreign banks. All institutions with branch offices are required to submit the survey; institutions with only a main office are exempt.
What does estimated credit losses mean in FDIC policy statement?
For purposes of this policy statement, the term “estimated credit losses” means an estimate of the current amount of loans that it is probable the institution will be unable to collect given facts and circumstances as of the evaluation date.
When did FDIC update accounting for loan and Lease Losses?
In March 2004, the agencies issued an Update on Accounting for Loan and Lease Losses. This guidance provided reminders of long standing supervisory guidance as well as a listing of the existing allowance guidance that institutions should continue to apply.
How long has DBI been reporting interest rate risk?
Interest Rate Risk reports. Banks have been relying on DBI Financial Systems for more than 26 years. Throughout our history we have developed and maintained close relationships with financial regulatory agencies, understanding and satisfying their requirements for accurate and timely reporting.
How to contact the Federal Deposit Insurance Corporation?
Consumer Resources. FDIC Call Center 1-877-275-3342 (1-877-ASKFDIC) 8:00 am – 8:00 pm ET; Monday-Friday 9:00 am – 5:00 pm ET; Saturday-Sunday For the Hearing Impaired Toll Free 1-800-925-4618 / Local (VA) 703-562-2289 Have a question…