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OCC Bulletin 2020-37
April 10, 2020
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Chief Executive Officers of All National Banks, Federal Savings Associations, and Federal Branches and Agencies; Department and Division Heads; All Examining Personnel; and Other Interested Parties
The Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation (collectively, the agencies) have published a set of supplemental instructions on the Federal Financial Institutions Examination Council (FFIEC) website to assist financial institutions in completing the first-quarter Consolidated Reports of Condition and Income (call report). The documents contain
This bulletin applies to community banks.1
The supplemental instructions for implementing the interim final rules and the notice affecting the regulatory capital rule and FFIEC 101 pertain to
One of the updates in the Quarterly Call Report Supplemental Instructions for March 2020 provides an option for financial institutions to use electronic signatures in lieu of ink signatures to fulfill the call report attestation requirement.
In addition, the Appendix of the Quarterly Call Report Supplemental Instructions was updated with information on certain sections of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) that was signed into law on March 27, 2020, that affect accounting and regulatory reporting. The following sections are addressed:
Please contact Benjamin Pegg, Risk Expert for Capital Policy, at (202) 649-6370; Sarah Nawrocki, Professional Accounting Fellow for the Office of the Chief Accountant, at (202) 640-6280; or Cady Codding, Senior Policy Accountant for the Office of the Chief Accountant, at (202) 649-6280.
Grovetta N. Gardineer
Senior Deputy Comptroller for Bank Supervision Policy
1 The term "banks" refers collectively to national banks, federal savings associations, and federal branches and agencies of foreign banking organizations.