View Information Collection Request (ICR) Package

OMB Control No: 3064-0159	ICR Reference No: 201807-3064-002
Status: Historical Active	Previous ICR Reference No: 201706-3064-001
Agency/Subagency: FDIC	Agency Tracking No:
Title: Advanced Capital Adequacy Framework Regulatory Reporting Requirements - FFIEC 101
Type of Information Collection: Revision of a currently approved collection	Common Form ICR: No
Type of Review Request: Emergency	Approval Requested By: 08/03/2018
OIRA Conclusion Action: Approved without change	Conclusion Date: 08/14/2018
Retrieve Notice of Action (NOA)	Date Received in OIRA: 07/31/2018
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	02/28/2019	6 Months From Approved	08/31/2020
Responses	8	0	8
Time Burden (Hours)	5,392	0	5,392
Cost Burden (Dollars)	943,600	0	943,600

Abstract: These quarterly reporting requirements were established by the Federal Financial Institutions Examination Council (FFIEC) for banks that quality for and adopt the Advanced Capital Adequacy Framework or are in the parallel run state of qualifying for the framework. The revisions to the FFIEC 101 report are limited to removing two credit valuation adjustment (CVA) items from the exposure at default (EAD) column on FFIEC 101 Schedule B, Summary Risk-Weighted Asset Information for Banks Approved to Use Advanced Internal Ratings-Based and Advanced Measurement Approaches for Regulatory Capital Purposes (items 31.a and 31.b, column D). These revisions take effect as of the September 30, 2017, report date. However, reporting entities would be advised that they may elect to adopt the changes by ceasing to report column D of items 31.a and 31.b on FFIEC 101 Schedule B as of the June 30, 2017, report date.

Emergency Justfication: The agencies propose under the emergency clearance provisions of OMB’s regulations to revise the FFIEC 101 for the June 30, 2018, report date. The agencies have determined that (1) the collection of information within the scope of this request is needed prior to the expiration of time periods established under 5 CFR 1320.10, (2) this collection of information is essential to the mission of the agencies, and (3) the agencies cannot reasonably comply with the normal clearance procedures because an unanticipated event has occurred and the use of normal clearance procedures is reasonably likely to prevent or disrupt the collection of information. These revisions arise from Congressional enactment of the EGRRCPA. Section 214 of EGRRCPA requires the agencies to revise the definition of HVCRE exposures that institutions use to calculate risk-based capital. This provision became effective automatically when the law was signed on May 24, 2018. The agencies must receive data from the quarterly FFIEC 101 report to assess and monitor the levels and components of each reporting entity’s risk-based capital requirements and the adequacy of the entity’s capital under the framework. The next reports are due at varying dates through the end of August 2018, based on information as of June 30, 2018. In order for the agencies to implement Section 214 as required by law, the agencies cannot comply with the normal clearance process and still receive the June 30, 2018, financial data in a timely manner. With respect to the HVCRE exposures that are the subject of this submission, Section 214 of EGRRCPA adds a new Section 51 to the Federal Deposit Insurance Act governing the requirements for certain acquisition, development, or construction (ADC) loans. The agencies may only require a depository institution to assign a heightened risk weight to an HVCRE exposure if such exposure is an “HVCRE ADC Loan,” as defined in Section 214 of EGRRCPA. To avoid the regulatory burden associated with applying different definitions for HVCRE exposures across the FFIEC 101, Call Report, and FR Y-9C within a single organization, the agencies propose to allow an institution subject to the advanced approaches rule to estimate and report HVCRE exposures on Schedules B and G of the FFIEC 101 using the definition under Section 214 effective for the June 30, 2018, report date. Alternatively, institutions may report HVCRE exposures using the prior definition contained in the agencies’ regulatory capital rules until the agencies take further action.

Authorizing Statute(s): US Code: 12 USC 1811 et seq. Name of Law: Federal Deposit Insurance Act

Citations for New Statutory Requirements: None

Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

Federal Register Notices & Comments
Did the Agency receive public comments on this ICR? No

ICR Summary of Burden

	Total Approved	Previously Approved
Annual Number of Responses	8	8
Annual Time Burden (Hours)	5,392	5,392
Annual Cost Burden (Dollars)	943,600	943,600

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement:

Annual Cost to Federal Government: $0

Does this IC contain surveys, censuses, or employ statistical methods? No

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination. No

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination. No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? Uncollected

Agency Contact: Manuel Cabeza 202 898-3781 mcabeza@fdic.gov

View ICR - OIRA Conclusion