Quarterly Call Report Supplemental Instructions is a 7-page legal document that was released by the Federal Financial Institutions Examination Council on March 1, 2023 and used nation-wide.
Q: What are the Quarterly Call Report Supplemental Instructions?
A: The Quarterly Call Report Supplemental Instructions provide additional guidance for completing the Quarterly Call Report.
Q: Why are the Supplemental Instructions necessary?
A: The Supplemental Instructions help ensure consistent and accurate reporting by providing detailed instructions on how to complete the report.
Q: Who is responsible for completing the Quarterly Call Report?
A: Financial institutions are responsible for completing the Quarterly Call Report and submitting it to the regulatory agency.
Q: What information is included in the Quarterly Call Report?
A: The Quarterly Call Report includes financial information about the institution, such as balance sheet data, income statement data, and details on loan and deposit activity.
Q: Are there any specific deadlines for submitting the Quarterly Call Report?
A: Yes, there are specific deadlines for submitting the Quarterly Call Report. These deadlines are typically determined by the regulatory agency and may vary depending on the size and type of institution.
Q: What should I do if I have questions about the Quarterly Call Report or the Supplemental Instructions?
A: If you have questions about the Quarterly Call Report or the Supplemental Instructions, you should contact the regulatory agency that oversees your financial institution for guidance.
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