# 2025-21621: Feds Ask Banks to Help Simplify Their Own Tedious Call Reports 2025-21621, Request for Information: Streamlining the Call Report, is a Federal Register notice from Treasury Department, Comptroller of the Currency, Federal Reserve System, Federal Deposit Insurance Corporation published 2025-12-01, effective Comments must be submitted on or before January 30, 2026. (as of 2026-06-08). - Canonical: https://policyrisk.com/federal-register/2025-21621 - As of: 2026-06-08 - Plain-text twin of the page above; the HTML and this file carry the same facts. ## Facts - Document number: 2025-21621 - Title: Request for Information: Streamlining the Call Report - Type: Notice - Agencies: Treasury Department; Comptroller of the Currency; Federal Reserve System; Federal Deposit Insurance Corporation - Citation: 90 FR 55240 - Published: 2025-12-01 - Effective: Comments must be submitted on or before January 30, 2026. - Comments close: 2026-01-30 - Significant: no - Touches household money: no - Regulation identifier numbers: 3064-ZA51 - Last updated: 2026-06-08 ## In one line Feds Ask Banks to Help Simplify Their Own Tedious Call Reports ## Summary Banks and financial institutions that fill out the Call Report are invited to help make it simpler and less time-consuming. The government agencies want ideas on cutting down paperwork while keeping important info intact. Comments are due by January 30, 2026, aiming to save time and possibly reduce costs for everyone involved. ## Abstract The OCC, the Board, and the FDIC (the agencies) seek public input on sources of regulatory reporting burden for institutions that currently file the Consolidated Reports of Condition and Income (Call Report) (FFIEC 031, FFIEC 041, and FFIEC 051). This request for information (RFI) offers the opportunity for interested stakeholders to identify ways that the agencies could streamline the Call Report forms and instructions while still meeting the purposes of the collection. ## Effects PRIA read - Call Report Burden Could Be Reduced: benefit, medium. The agencies are asking for ideas to simplify the quarterly Call Report so banks and savings associations spend less time preparing it. Comments are due January 30, 2026, and the agencies say streamlining could reduce paperwork, save staff time, and possibly lower costs for institutions that file t… - Short-Form (FFIEC 051) May Be Expanded: benefit, medium. The agencies are considering expanding availability of the short form Call Report (FFIEC 051) beyond institutions with less than $5 billion in total assets and are asking for comments on whether larger institutions should use the short form in the first and third quarters. The current threshold men… - Eligibility Could Be Tied to Capital or Risk: mixed, medium. The agencies asked whether eligibility for reduced reporting should be related to an institution's capital position or its ability to meet risk-based criteria. They seek views on quantitative criteria that indicate a community banking model and on how to ensure safety and soundness while revising e… - Reporting Frequency and Item Aggregation Under Review: mixed, medium. The agencies requested comments on whether certain Call Report data items or schedules could be collected less frequently or at a more aggregated level, and asked which items could be reduced without impeding uses of the data. They also asked whether some items should be collected more frequently o… - Automation and Tech Changes Could Ease Reporting: benefit, low. The agencies seek information on institutions' use of reporting technologies, whether software exists to automate Call Report preparation, and what hurdles prevent automation. They asked whether technology changes to submission processes could reduce burden and whether impacts differ for small vers… - Due Dates May Be Adjusted to Reduce Burden: benefit, low. The agencies asked whether changing Call Report due dates (for example, to avoid weekends or holidays) would reduce respondent burden. This question follows comments submitted during the EGRPRA review suggesting date adjustments. ## Related documents - [2026-08298](https://policyrisk.com/federal-register/2026-08298): Regulatory Capital Rule: Community Bank Leverage Ratio Framework, 2026-04-29 - [2026-05960](https://policyrisk.com/federal-register/2026-05960): Regulatory Capital Rules: Regulatory Capital and Standardized Approach for Risk-Weighted Assets, 2026-03-27 - [2025-21626](https://policyrisk.com/federal-register/2025-21626): Regulatory Capital Rule: Modifications to the Enhanced Supplementary Leverage Ratio Standards for U.S. Global Systemically Important Bank H…, 2025-12-01 - [2025-21625](https://policyrisk.com/federal-register/2025-21625): Regulatory Capital Rule: Revisions to the Community Bank Leverage Ratio Framework, 2025-12-01 - [2026-18859](https://policyrisk.com/federal-register/2026-18859): Proposed Third-Party Risk Management Guidance, 2026-09-15 - [2026-18766](https://policyrisk.com/federal-register/2026-18766): Expanded Examination Cycle for Certain Small Insured Depository Institutions and U.S. Branches and Agencies of Foreign Banks, 2026-09-14 ## Sources - [2025-21621 on federalregister.gov](https://www.federalregister.gov/documents/2025/12/01/2025-21621/request-for-information-streamlining-the-call-report) - [2025-21621 as published (PDF)](https://www.govinfo.gov/content/pkg/FR-2025-12-01/pdf/2025-21621.pdf) ## Related - [Previous: 2025-21619, Parts and Accessories Necessary for Safe Operation; Application for Exemption F…](https://policyrisk.com/federal-register/2025-21619) - [Next: 2025-21622, Medicare and Medicaid Programs; Quarterly Listing of Program Issuances-July thr…](https://policyrisk.com/federal-register/2025-21622) - [All Federal Register documents](https://policyrisk.com/federal-register) Source: PRIA, https://policyrisk.com/federal-register/2025-21621 (as of 2026-06-08).