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View Information Collection (IC) List
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Please note that the OMB number and expiration date may not have been determined when this Information Collection Request and associated Information Collection forms were submitted to OMB. The approved OMB number and expiration date may be found by clicking on the Notice of Action link below.
View ICR - OIRA Conclusion
OMB Control No:
1557-0081
ICR Reference No:
200811-1557-001
Status:
Historical Active
Previous ICR Reference No:
200801-1557-002
Agency/Subagency:
TREAS/OCC
Agency Tracking No:
Title:
(MA)-Reports of Condition and Income (Interagency Call Report)
Type of Information Collection:
Revision of a currently approved collection
Common Form ICR:
No
Type of Review Request:
Emergency
Approval Requested By:
11/26/2008
OIRA Conclusion Action:
Approved without change
Conclusion Date:
11/26/2008
Retrieve Notice of Action (NOA)
Date Received in OIRA:
11/24/2008
Terms of Clearance:
Inventory as of this Action
Requested
Previously Approved
Expiration Date
05/31/2009
6 Months From Approved
03/31/2011
Responses
6,480
0
7,000
Time Burden (Hours)
297,589
0
317,967
Cost Burden (Dollars)
0
0
0
Abstract:
National banks file Call Reports pursuant to 12 U.S.C. 161 and other statutes. The data are used to evaluate and monitor the financial condition and earnings performance of individual banks as well as the entire banking industry.
Emergency Justfication:
Pursuant to a systemic risk determination by the Secretary of the Treasury (after consultation with the President), the FDIC Board of Directors established the Temporary Liquidity Guarantee Program (TLGP) as part of a coordinated Federal government response to the unprecedented disruption in credit markets and the resultant effects on the abilities of insured depository institutions to fund themselves and to intermediate credit. The TLGP is comprised of a Debt Guarantee Program and a Transaction Account Guarantee Program, and includes a system of fees to be paid by participating entities for the guarantees. In order for the FDIC to calculate the fees to be assessed under the Transaction Account Guarantee Program portion of the TLGP and any systemic risk emergency special assessments, it needs information not currently collected. The best method for obtaining this information is through revisions to the Call Report.
Authorizing Statute(s):
US Code:
12 USC 1 et seq.
Name of Law: National Bank Act
Citations for New Statutory Requirements:
US Code: 12 USC 1 et seq. Name of Law: National Banking Act
Associated Rulemaking Information
RIN:
Stage of Rulemaking:
Federal Register Citation:
Date:
3064-AD37
Final or interim final rulemaking
73 FR 64179
10/29/2008
Federal Register Notices & Comments
Did the Agency receive public comments on this ICR?
Yes
Number of Information Collection (IC) in this ICR:
1
IC Title
Form No.
Form Name
(MA)-Reports of Condition and Income (Interagency Call Report)
RC-O
Schedule RC-O
ICR Summary of Burden
Total Approved
Previously Approved
Change Due to New Statute
Change Due to Agency Discretion
Change Due to Adjustment in Estimate
Change Due to Potential Violation of the PRA
Annual Number of Responses
6,480
7,000
0
-520
0
0
Annual Time Burden (Hours)
297,589
317,967
0
3,240
-23,618
0
Annual Cost Burden (Dollars)
0
0
0
0
0
0
Burden increases because of Program Change due to Agency Discretion:
Yes
Burden Increase Due to:
Miscellaneous Actions
Burden decreases because of Program Change due to Agency Discretion:
No
Burden Reduction Due to:
Short Statement:
The decrease in burden is due to the decrease in the number of national banks.
Annual Cost to Federal Government:
$0
Does this IC contain surveys, censuses, or employ statistical methods?
No
Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002?
No
Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]?
Uncollected
Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]?
Uncollected
Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)?
Uncollected
Is this ICR related to the Pandemic Response?
Uncollected
Agency Contact:
Gary Christensen 202 874-4482
Common Form ICR:
No
On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
(a) It is necessary for the proper performance of agency functions;
(b) It avoids unnecessary duplication;
(c) It reduces burden on small entities;
(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;
(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;
(f) It indicates the retention periods for recordkeeping requirements;
(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control number;
(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.
(i) It uses effective and efficient statistical survey methodology (if applicable); and
(j) It makes appropriate use of information technology.
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
Certification Date:
11/24/2008