Agency Information Collection Activities: Submission for OMB Review; Joint Comment Request, 9727-9731 [2012-3735]

Download as PDF mstockstill on DSK4VPTVN1PROD with NOTICES Federal Register / Vol. 77, No. 33 / Friday, February 17, 2012 / Notices consequence, if the sliding door is not fully closed and latched and the driver is not aware, this fact would become immediately apparent to the driver when the vehicle is accelerated from rest, as the sliding door would glide rearward from the force created by the acceleration. Thus, while these vehicles may not meet the express requirements of paragraph S4.2.1 or the definition of a ‘‘door closure warning system,’’ Utilimaster believes they do meet the intent of these requirements. The use of other visual signals, such as a dashmounted telltale, might be necessary for vehicles with rear sliding doors, such as minivans or other passenger vehicles, but the sliding doors on the subject vehicles are located in the front within plain view of the driver. In adopting the upgraded sliding door standards in 2007, the Agency stated that it was particularly concerned with children riding in the rear seats of passenger vans (minivans or ‘‘MPVs’’).4 As noted above, these vehicles are used exclusively in commercial applications and are driven exclusively by professional drivers (primarily without a passenger). The commercial application of walk-in vans is highly repetitive in nature. To ensure safety and to maximize productivity, corporations have adopted highly regimented training programs for drivers in addition to requiring them to carry a commercial driver’s license. The regimented training for the high majority of commercial applications requires that drivers enter and exit the vehicle from the curb side of the van. The repetitive use of the van results in highly repeatable results from one stop to the next. The likelihood that a driver would move the vehicle with the door left inadvertently open is very low. Moreover, the likelihood that the driver would be ejected from the driver’s seat, through a curb-side door, left unintentionally unlatched, is even less probable. These drivers must adhere to corporate policies as they relate to operating the vehicle. For example, UPS has strictly enforced requirements for the drivers to always have the seatbelts fastened when the vehicle is in motion. Walk-In vans with sliding doors very similar in design to those on the subject vehicles have been in use for several decades. We are not aware of a driver or passenger ever having been ejected from, or fallen through an open sliding cab door, of our vehicles, while the vehicle was in motion. The sliding doors on these vehicles meet all load test and inertial requirements of FMVSS No. 206, 4 72 FR 5387. VerDate Mar<15>2010 19:08 Feb 16, 2012 Jkt 226001 paragraph S4.2. Therefore, this noncompliance will not increase the risk of occupant ejection under conditions addressed by such requirements. In summation, Utilimaster believes that the described noncompliance of its vehicles is inconsequential to motor vehicle safety, and that its petition, to exempt from providing recall notification of noncompliance as required by 49 U.S.C. 30118 and remedying the recall noncompliance as required by 49 U.S.C. 30120 should be granted. Comments: Interested persons are invited to submit written data, views, and arguments on this petition. Comments must refer to the docket and notice number cited at the beginning of this notice and be submitted by any of the following methods: a. By mail addressed to: U.S. Department of Transportation, Docket Operations, M–30, West Building Ground Floor, Room W12–140, 1200 New Jersey Avenue SE., Washington, DC 20590. b. By hand delivery to U.S. Department of Transportation, Docket Operations, M–30, West Building Ground Floor, Room W12–140, 1200 New Jersey Avenue SE., Washington, DC 20590. The Docket Section is open on weekdays from 10 a.m. to 5 p.m. except Federal holidays. c. Electronically: By logging onto the Federal Docket Management System (FDMS) Web site at https:// www.regulations.gov/. Follow the online instructions for submitting comments. Comments may also be faxed to 1–202– 493–2251. Comments must be written in the English language, and be no greater than 15 pages in length, although there is no limit to the length of necessary attachments to the comments. If comments are submitted in hard copy form, please ensure that two copies are provided. If you wish to receive confirmation that your comments were received, please enclose a stamped, selfaddressed postcard with the comments. Note that all comments received will be posted without change to https://www.regulations.gov, including any personal information provided. Documents submitted to a docket may be viewed by anyone at the address and times given above. The documents may also be viewed on the Internet at https:// www.regulations.gov by following the online instructions for accessing the dockets. DOT’s complete Privacy Act Statement is available for review in the Federal Register published on April 11, 2000, (65 FR 19477–78). PO 00000 Frm 00108 Fmt 4703 Sfmt 4703 9727 The petition, supporting materials, and all comments received before the close of business on the closing date indicated below will be filed and will be considered. All comments and supporting materials received after the closing date will also be filed and will be considered to the extent possible. When the petition is granted or denied, notice of the decision will be published in the Federal Register pursuant to the authority indicated below. DATES: Comment Closing Date: March 19, 2012. Authority: (49 U.S.C. 30118, 30120: delegations of authority at CFR 1.50 and 501.8) Issued on: February 13, 2012. Claude H. Harris, Director, Office of Vehicle Safety Compliance. [FR Doc. 2012–3766 Filed 2–16–12; 8:45 am] BILLING CODE 4910–59–P DEPARTMENT OF THE TREASURY Office of the Comptroller of the Currency FEDERAL RESERVE SYSTEM FEDERAL DEPOSIT INSURANCE CORPORATION Agency Information Collection Activities: Submission for OMB Review; Joint Comment Request Office of the Comptroller of the Currency (OCC), Treasury; Board of Governors of the Federal Reserve System (Board); and Federal Deposit Insurance Corporation (FDIC). ACTION: Notice of information collection to be submitted to OMB for review and approval under the Paperwork Reduction Act of 1995. AGENCY: In accordance with the requirements of the Paperwork Reduction Act (PRA) of 1995 (44 U.S.C. chapter 35), the OCC, the Board, and the FDIC (the ‘‘agencies’’) may not conduct or sponsor, and the respondent is not required to respond to, an information collection unless it displays a currently valid Office of Management and Budget (OMB) control number. On November 21, 2011, the agencies, under the auspices of the Federal Financial Institutions Examination Council (FFIEC), requested public comment for 60 days on a proposal to extend, with revision, the Consolidated Reports of Condition and Income (Call Report), which are currently approved collections of information. After considering the comments received on SUMMARY: E:\FR\FM\17FEN1.SGM 17FEN1 mstockstill on DSK4VPTVN1PROD with NOTICES 9728 Federal Register / Vol. 77, No. 33 / Friday, February 17, 2012 / Notices the proposal, the FFIEC and the agencies will proceed with the reporting changes and instructional revisions that had been proposed to take effect March 31, 2012. The FFIEC and the agencies will also implement the two less detailed Call Report revisions that had been proposed for implementation as of June 30, 2012. As for the two new schedules that also had been proposed to be added to the Call Report beginning June 30, 2012,1 the FFIEC and the agencies are continuing to evaluate these proposed schedules in light of the comments received. The FFIEC’s and the agencies’ decisions regarding these two proposed schedules will be the subject of a separate Federal Register notice and any resulting new reporting requirements will not take effect before the September 30, 2012, report date. DATES: Comments must be submitted on or before March 19, 2012. ADDRESSES: Interested parties are invited to submit written comments to any or all of the agencies on the revisions to the Call Report for March 31, 2012, and June 30, 2012, for which the agencies are requesting approval from OMB. All comments, which should refer to the OMB control number(s), will be shared among the agencies. OCC: You should direct all written comments to: Communications Division, Office of the Comptroller of the Currency, Mailstop 2–3, Attention: 1557–0081, 250 E Street SW., Washington, DC 20219. In addition, comments may be sent by fax to (202) 874–5274, or by electronic mail to regs.comments@occ.treas.gov. You may personally inspect and photocopy comments at the OCC, 250 E Street, SW., Washington, DC 20219. For security reasons, the OCC requires that visitors make an appointment to inspect comments. You may do so by calling (202) 874–4700. Upon arrival, visitors will be required to present valid government-issued photo identification and to submit to security screening in order to inspect and photocopy comments. Board: You may submit comments, which should refer to ‘‘Consolidated Reports of Condition and Income (FFIEC 031 and 041),’’ by any of the following methods: • Agency Web Site: https:// www.federalreserve.gov. Follow the instructions for submitting comments at: https://www.federalreserve.gov/ generalinfo/foia/ProposedRegs.cfm. 1 Schedule RI–C, Disaggregated Data on the Allowance for Loan and Lease Losses, and Schedule RC–U, Loan Origination Activity (in Domestic Offices). VerDate Mar<15>2010 19:08 Feb 16, 2012 Jkt 226001 • Federal eRulemaking Portal: https:// www.regulations.gov. Follow the instructions for submitting comments. • Email: regs.comments@federalreserve.gov. Include reporting form number in the subject line of the message. • Fax: (202) 452–3819 or (202) 452– 3102. • Mail: Jennifer J. Johnson, Secretary, Board of Governors of the Federal Reserve System, 20th Street and Constitution Avenue NW., Washington, DC 20551. All public comments are available from the Board’s Web site at www.federalreserve.gov/generalinfo/ foia/ProposedRegs.cfm as submitted, unless modified for technical reasons. Accordingly, your comments will not be edited to remove any identifying or contact information. Public comments may also be viewed electronically or in paper in Room MP–500 of the Board’s Martin Building (20th and C Streets, NW.) between 9 a.m. and 5 p.m. on weekdays. FDIC: You may submit comments, which should refer to ‘‘Consolidated Reports of Condition and Income, 3064– 0052,’’ by any of the following methods: • Agency Web Site: https:// www.fdic.gov/regulations/laws/federal/ propose.html. Follow the instructions for submitting comments on the FDIC Web site. • Federal eRulemaking Portal: https:// www.regulations.gov. Follow the instructions for submitting comments. • Email: comments@FDIC.gov. Include ‘‘Consolidated Reports of Condition and Income, 3064–0052’’ in the subject line of the message. • Mail: Gary A. Kuiper, Counsel, Attn: Comments, Room F–1086, Federal Deposit Insurance Corporation, 550 17th Street NW., Washington, DC 20429. • Hand Delivery: Comments may be hand delivered to the guard station at the rear of the 550 17th Street Building (located on F Street) on business days between 7 a.m. and 5 p.m. Public Inspection: All comments received will be posted without change to https://www.fdic.gov/regulations/laws/ federal/propose.html including any personal information provided. Comments may be inspected at the FDIC Public Information Center, Room E– 1002, 3501 Fairfax Drive, Arlington, VA 22226, between 9 a.m. and 5 p.m. on business days. Additionally, commenters may send a copy of their comments to the OMB desk officer for the agencies, Shagufta Ahmed, by mail to the Office of Information and Regulatory Affairs, U.S. Office of Management and Budget, New Executive Office Building, Room 10235, PO 00000 Frm 00109 Fmt 4703 Sfmt 4703 725 17th Street NW., Washington, DC 20503, or by fax to (202) 395–6974. INFORMATION CONTACT: For further information about the revisions discussed in this notice, please contact any of the agency clearance officers whose names appear below. In addition, copies of the Call Report forms and instructions can be obtained at the FFIEC’s Web site (https://www.ffiec.gov/ ffiec_report_forms.htm). OCC: Mary Gottlieb, OCC Clearance Officer, (202) 874–5090, Legislative and Regulatory Activities Division, Office of the Comptroller of the Currency, 250 E Street SW., Washington, DC 20219. Board: Cynthia Ayouch, Federal Reserve Board Clearance Officer, (202) 452–3829, Division of Research and Statistics, Board of Governors of the Federal Reserve System, 20th and C Streets NW., Washington, DC 20551. Telecommunications Device for the Deaf (TDD) users may call (202) 263–4869. FDIC: Gary A. Kuiper, Counsel, (202) 898–3877, Legal Division, Federal Deposit Insurance Corporation, 550 17th Street NW., Washington, DC 20429. SUPPLEMENTARY INFORMATION: The agencies are proposing to revise and extend for three years the Call Report, which is currently an approved collection of information for each agency. Report Title: Consolidated Reports of Condition and Income (Call Report). Form Number: Call report: FFIEC 031 (for banks and savings associations with domestic and foreign offices) and FFIEC 041 (for banks and savings associations with domestic offices only). Frequency of Response: Quarterly. Affected Public: Insured banks and savings associations. OCC OMB Number 1557–0081. Estimated Number of Respondents: 2,035 (1,399 national banks and 636 Federal savings associations). Estimated Time per Response: National banks: 53.49 burden hours per quarter to file. Federal savings associations: 53.90 burden hours per quarter to file and 188 burden hours for the first year to convert systems and conduct training. Estimated Total Annual Burden: National banks: 299,350 burden hours to file. Federal savings associations: 137,120 burden hours to file plus 119,568 burden hours for the first year to convert systems and conduct training. Total: 556,038 burden hours. Board OMB Number: 7100–0036. Estimated Number of Respondents: 827 state member banks. E:\FR\FM\17FEN1.SGM 17FEN1 Federal Register / Vol. 77, No. 33 / Friday, February 17, 2012 / Notices Estimated Time per Response: 55.52 burden hours per quarter to file. Estimated Total Annual Burden: 183,660 burden hours. FDIC mstockstill on DSK4VPTVN1PROD with NOTICES OMB Number: 3064–0052. Estimated Number of Respondents: 4,630 (4,570 insured state nonmember banks and 60 state savings associations). Estimated Time per Response: State nonmember banks: 40.49 burden hours per quarter to file. State savings associations: 40.69 burden hours per quarter to file and 188 burden hours for the first year to convert systems and conduct training. Estimated Total Annual Burden: State nonmember banks: 740,157 burden hours to file. State savings associations: 9,766 burden hours to file plus 11,280 burden hours for the first year to convert systems and conduct training. Total: 761,203 burden hours. The estimated time per response for the quarterly filings of the Call Report is an average that varies by agency because of differences in the composition of the institutions under each agency’s supervision (e.g., size distribution of institutions, types of activities in which they are engaged, and existence of foreign offices). The average reporting burden for the filing of the Call Report (excluding the estimated burden for the two new schedules that had been proposed for implementation in June 2012 but are not part of this submission to OMB because the FFIEC and the agencies are continuing to evaluate these proposed schedules) is estimated to range from 17 to 700 hours per quarter, depending on an individual institution’s circumstances.2 As approved by OMB, savings associations will convert from filing the Thrift Financial Report (TFR) (formerly OMB Number: 1550–0023) to filing the Call Report effective as of the March 31, 2012, report date (unless an institution elects to begin filing the Call Report before that report date).3 Thus, savings associations will incur an initial burden of converting systems and training staff to prepare and file the Call Report in place of the TFR. Accordingly, the burden estimates above in this notice for savings associations also include the time to convert to filing the Call Report, including implementing the necessary 2 This estimate does not include the burden associated with the implementation of proposed Schedules RI–C and RC–U. 3 See 76 FR 39981, July 7, 2011, at https:// www.ffiec.gov/pdf/FFIEC_forms/ FFIEC031_FFIEC041_20110707_ffr.pdf and the Office of Thrift Supervision’s CEO Letter #391 dated July 7, 2011, at https://www.ots.treas.gov/ _files/25391.pdf. VerDate Mar<15>2010 19:08 Feb 16, 2012 Jkt 226001 systems changes and training staff on Call Report preparation and filing, which is estimated to average 188 hours per savings association. In general, larger savings associations and those with more complex operations would likely expend a greater number of hours, on average, than smaller savings associations and those with less complex operations. A savings association’s use of service providers for the information and accounting support of key functions, such as credit processing, transaction processing, deposit and customer information, general ledger, and reporting should result in lower burden hours for converting to the Call Report. Savings associations with staff having experience in preparing and filing the Call Report should incur lower initial burden hours for converting to the Call Report from the TFR. For further information about the estimated initial burden hours for savings associations’ conversion to the Call Report from the TFR, see 76 FR 39986, July 7, 2011. Type of Review: Revision and extension of currently approved collections. General Description of Reports These information collections are mandatory: 12 U.S.C. 161 (for national banks), 12 U.S.C. 324 (for state member banks), 12 U.S.C. 1817 (for insured state nonmember commercial and savings banks), and 12 U.S.C. 1464 (for Federal and state savings associations). At present, except for selected data items, these information collections are not given confidential treatment. Abstract Institutions submit Call Report data to the agencies each quarter for the agencies’ use in monitoring the condition, performance, and risk profile of individual institutions and the industry as a whole. Call Report data provide the most current statistical data available for evaluating institutions’ corporate applications, for identifying areas of focus for both on-site and offsite examinations, and for monetary and other public policy purposes. The agencies use Call Report data in evaluating interstate merger and acquisition applications to determine, as required by law, whether the resulting institution would control more than ten percent of the total amount of deposits of insured depository institutions in the United States. Call Report data are also used to calculate institutions’ deposit insurance and Financing Corporation assessments and national banks’ and Federal savings associations’ semiannual assessment fees. PO 00000 Frm 00110 Fmt 4703 Sfmt 4703 9729 Current Actions On November 21, 2011, the agencies requested comment on a limited number of proposed revisions to the Call Report (76 FR 72035) for implementation in 2012 that are focused primarily on institutions with $1 billion or more in total assets. The new data items were proposed to be added to the Call Report as of the June 30, 2012, report date, except for two proposed revisions that would take effect March 31, 2012, in connection with the initial filing of Call Reports by savings associations. These proposed new data items are intended to provide data needed for reasons of safety and soundness or other public purposes and would assist the agencies in gaining a better understanding of institutions’ lending activities and credit risk exposures. The agencies also proposed certain revisions to the Call Report instructions that would take effect March 31, 2012. The Call Report changes in the agencies’ November 2011 proposal, the first four of which were proposed for implementation in June 2012 and the final three of which were proposed for implementation in March 2012, included: • A new Schedule RI–C, Disaggregated Data on the Allowance for Loan and Lease Losses, in which institutions with total assets of $1 billion or more would report a breakdown by key loan category of the end-of-period allowance for loan and lease losses (ALLL) disaggregated on the basis of impairment method and the end-of-period recorded investment in held-for-investment loans and leases related to each ALLL balance; • A new Schedule RC–U, Loan Origination Activity (in Domestic Offices), in which institutions with total assets of $300 million or more would report, separately for several loan categories, the quarter-end amount of loans (in domestic offices) reported in Schedule RC–C, Loans and Lease Financing Receivables, that was originated during the quarter, and institutions with total assets of $1 billion or more would also report for these loan categories the portions of the quarter-end amount of loans originated during the quarter that were (a) originated under a newly established loan commitment and (b) not originated under a loan commitment; • New Memorandum items in Schedule RC–N, Past Due and Nonaccrual Loans, Leases, and Other Assets, for the total outstanding balance and related carrying amount of purchased credit-impaired loans accounted for under Accounting E:\FR\FM\17FEN1.SGM 17FEN1 mstockstill on DSK4VPTVN1PROD with NOTICES 9730 Federal Register / Vol. 77, No. 33 / Friday, February 17, 2012 / Notices Standards Codification (ASC) Subtopic 310–30 that are past due 30 through 89 days and still accruing, past due 90 days or more and still accruing, and in nonaccrual status; • New items in Schedule RC–P, 1–4 Family Residential Mortgage Banking Activities, in which institutions with $1 billion or more in total assets and smaller institutions with significant mortgage banking activities would report the amount of representation and warranty reserves for 1–4 family residential mortgage loans sold (in domestic offices), with separate disclosure of reserves for representations and warranties made to U.S. government and governmentsponsored agencies and to other parties; • New items in Schedule RC–M, Memoranda, in which savings associations and certain state savings and cooperative banks would report on the test they use to determine their compliance with the Qualified Thrift Lender requirement and whether they have remained in compliance with this requirement. • Revisions to two existing items in Schedule RC–R, Regulatory Capital, used in the calculation of the leverage ratio denominator to accommodate certain differences between the regulatory capital standards that apply to the leverage capital ratios of banks versus savings associations. • Instructional revisions addressing the discontinued use of specific valuation allowances by savings associations when they begin to file the Call Report instead of the TFR beginning in March 2012; the reporting of the number of deposit accounts of $250,000 or less in Schedule RC–O, Other Data for Deposit Insurance and FICO Assessments, by institutions that have issued certain brokered deposits; and the accounting and reporting treatment for capital contributions in the form of cash or notes receivable. Further details concerning the preceding proposed Call Report changes may be found in Sections II.A through II.G of the agencies’ November 2011 Federal Register notice.4 The agencies collectively received comments on their November 2011 Federal Register notice from eight entities: four banking organizations, two bankers’ associations, a commercial lending software company, and a news organization. One bankers’ association offered the general statement that its ‘‘members expressed no concerns with many of the agencies’ proposed revisions.’’ None of the commenters specifically addressed the reporting 4 See 76 FR 72038–72045, November 21, 2011. VerDate Mar<15>2010 19:08 Feb 16, 2012 Jkt 226001 changes proposed for implementation as of March 31, 2012. All eight of the commenters addressed one or both of the two new schedules proposed to be added to the Call Report as of June 30, 2012: Schedule RI–C, Disaggregated Data on the Allowance for Loan and Lease Losses, and Schedule RC–U, Loan Origination Activity (in Domestic Offices). One bankers’ association expressed support for the proposed new items for past due and nonaccrual purchased credit-impaired loans, which were also proposed to be added to the Call Report as of June 30, 2012, and recommended ‘‘that the agencies adopt these proposed revisions without change.’’ The news organization supported the proposed collection of data on representation and warranty reserves for 1–4 family residential mortgage loans beginning June 30, 2012. The agencies concur with this commenter’s suggestion that the instructions for the new items for these reserves clarify that representations and warranties made to mortgage insurers of loans sold fall within the scope of these items. In addition, the news organization recommended that the agencies consider significantly revising the information they collect on mortgage banking activities in Schedule RC–P by adding further detail in certain areas and deleting certain existing items. These recommendations go well beyond the agencies’ current proposal to add new items for representation and warranty reserves to Schedule RC–P. The FFIEC and the agencies will consider the news organization’s ideas in conjunction with their evaluation of other possible Call Report revisions that would be included in a future proposal. After considering the comments the agencies received, the FFIEC and the agencies are proceeding with the revisions proposed for implementation as of the March 31, 2012, report date as well as the proposed new items for past due and nonaccrual purchased creditimpaired loans and representation and warranty reserves for 1–4 family residential mortgages effective as of the June 30, 2012, report date.5 As for the 5 In December 2011, the agencies separately requested approval from OMB to add six new items of limited scope and applicability to Call Report Schedule RC–O, Other Data for Deposit Insurance and FICO Assessments that also would take effect June 30, 2012. These six new Call Report Schedule RC–O items are: (a) For large and highly complex institutions, Memorandum item 16, ‘‘Portion of loans restructured in troubled debt restructurings that are in compliance with their modified terms and are guaranteed or insured by the U.S. government (including the FDIC)’’; (b) For large and highly complex institutions that own another insured depository institution, Memorandum items PO 00000 Frm 00111 Fmt 4703 Sfmt 4703 new schedules for disaggregated ALLL data and selected loan origination data proposed for implementation as of June 30, 2012, the FFIEC and the agencies are continuing to evaluate these two proposed schedules in light of the comments received. When the FFIEC and the agencies have decided whether and how to proceed with these proposed new schedules, a separate Federal Register notice will be published and, if applicable, submissions by the agencies will be made to OMB. Because of the additional time necessary for the FFIEC and the agencies to determine the outcome of proposed new Call Report Schedules RI–C and RC–U and to allow sufficient lead time for affected institutions to prepare for any resulting new reporting requirements, the collection of disaggregated ALLL data and selected loan origination data would not take effect before the September 30, 2012, report date. The list below summarizes each of the Call Report changes included in the agencies’ November 2011 proposal along with its implementation status: • Proposed new Schedule RI–C, Disaggregated Data on the Allowance for Loan and Lease Losses: Remains under review by the FFIEC and the agencies; not to be implemented before September 30, 2012; • Proposed new Schedule RC–U, Loan Origination Activity (in Domestic Offices): Remains under review by the FFIEC and the agencies; not to be implemented before September 30, 2012; • New Memorandum items in Schedule RC–N, Past Due and Nonaccrual Loans, Leases, and Other Assets: Implement June 30, 2012; • New items in Schedule RC–P, 1–4 Family Residential Mortgage Banking Activities: Implement June 30, 2012; • New items in Schedule RC–M, Memoranda: Implement March 31, 2012; • Revisions to two existing items in Schedule RC–R, Regulatory Capital: Implement March 31, 2012; • Instructional revisions addressing the discontinuation of certain valuation allowances by savings associations; the reporting of certain deposit accounts in Schedule RC–O; and the accounting and reporting treatment for certain capital 17.a through 17.d for the fully consolidated amounts of total deposit liabilities before exclusions, total allowable exclusions, unsecured other borrowings with a remaining maturity of one year or less, and estimated amount of uninsured deposits; and (c) For all institutions that own another insured depository institution, Memorandum item 9.a for the fully consolidated amount of reciprocal brokered deposits. See 76 FR 77315, December 12, 2011. E:\FR\FM\17FEN1.SGM 17FEN1 Federal Register / Vol. 77, No. 33 / Friday, February 17, 2012 / Notices contributions: Implement March 31, 2012. Consistent with longstanding practice, for the March 31, 2012, and June 30, 2012, report dates, as applicable, institutions may provide reasonable estimates for any new or revised Call Report item initially required to be reported as of that date for which the requested information is not readily available. Request for Comment Public comment is requested on all aspects of this joint notice. Comments are invited on: (a) Whether the proposed revisions to the collections of information that are the subject of this notice are necessary for the proper performance of the agencies’ functions, including whether the information has practical utility; (b) The accuracy of the agencies’ estimates of the burden of the information collections as they are proposed to be revised, including the validity of the methodology and assumptions used; (c) Ways to enhance the quality, utility, and clarity of the information to be collected; (d) Ways to minimize the burden of information collections on respondents, including through the use of automated collection techniques or other forms of information technology; and (e) Estimates of capital or start up costs and costs of operation, maintenance, and purchase of services to provide information. Comments submitted in response to this joint notice will be shared among the agencies. All comments will become a matter of public record. mstockstill on DSK4VPTVN1PROD with NOTICES Dated: February 9, 2012. Michele Meyer, Assistant Director, Legislative and Regulatory Activities Division, Office of the Comptroller of the Currency. Board of Governors of the Federal Reserve System. Robert deV. Frierson, Deputy Secretary of the Board. Dated at Washington, DC, this 10th day of February 2012. Federal Deposit Insurance Corporation. Robert E. Feldman, Executive Secretary. [FR Doc. 2012–3735 Filed 2–16–12; 8:45 am] BILLING CODE 4810–33–P; 6210–01–P; 6714–01–P VerDate Mar<15>2010 19:08 Feb 16, 2012 Jkt 226001 DEPARTMENT OF VETERANS AFFAIRS Voluntary Service National Advisory Committee; Notice of Meeting The Department of Veterans Affairs (VA) gives notice under Public Law 92– 463 (Federal Advisory Committee Act) that the annual meeting of the Department of Veterans Affairs Voluntary Service (VAVS) National Advisory Committee (NAC) will be held March 14–16, 2012, at the Charleston Marriott, 170 Lockwood Boulevard, Charleston, South Carolina. On March 14, the meeting will begin at 8 a.m. and end at 11:30 a.m. On March 15–16, the meeting will begin at 8:30 a.m. and end at 4:30 p.m. The meeting is open to the public. The Committee, comprised of fiftyfive national voluntary organizations, advises the Secretary, through the Under Secretary for Health, on the coordination and promotion of volunteer activities within VA facilities. The purposes of this meeting are to provide for Committee review of volunteer policies and procedures; to accommodate full and open communications between organization representatives and the Voluntary Service Office and field staff; to provide educational opportunities geared towards improving volunteer programs with special emphasis on methods to recruit, retain, place, motivate, and recognize volunteers; and to provide Committee recommendations. The March 14 session will include a National Executive Committee Meeting; Health Fair; and VAVS Representative and Deputy Representative training. In the evening, the James H. Parke Memorial Scholarship recipient will be honored at the Parke Awards Dinner (requires prepayment). The March 15 business session will include remarks from local officials; the Voluntary Service Report; Veterans Health Administration Update; and remarks by VA officials on the National Cemetery Administration, VA National Sports Programs and Special Events; and insight from a former chief of voluntary service who is now a facility director. Educational workshops will be held in the afternoon and focus on Veterans family advisor program, concierge service, skill-based volunteer managed therapeutic activities, and ICARE customer service. On March 16, the morning business session will include subcommittee reports; remarks on women Veterans health care; a panel discussion on Veterans transportation; and an update from the Director of the Veterans PO 00000 Frm 00112 Fmt 4703 Sfmt 4703 9731 Canteen Service. The educational workshops will be repeated in the afternoon. The meeting will conclude with a Closing Awards Dinner (requires prepayment) recognizing the recipients of the American Spirit Awards, VAVS Award for Excellence, and the NAC male and female Volunteer of the Year awards. No time will be allocated at this meeting for receiving oral presentations from the public. However, the public may submit written statements for the Committee’s review to Ms. Laura Balun, Designated Federal Officer, Voluntary Service Office (10B2A), Department of Veterans Affairs, 810 Vermont Avenue NW., Washington, DC 20420, or by email at Laura.Balun@va.gov. Any member of the public wishing to attend the meeting or seeking additional information should contact Ms. Balun at (202) 461–7300. By Direction of the Secretary. Dated: February 13, 2012. Vivian Drake, Committee Management Officer. [FR Doc. 2012–3729 Filed 2–16–12; 8:45 am] BILLING CODE P DEPARTMENT OF VETERANS AFFAIRS Rehabilitation Research and Development Service Scientific Merit Review Board; Notice of Meeting The Department of Veterans Affairs (VA) gives notice under Public Law 92– 463 (Federal Advisory Committee Act) that a meeting of the Rehabilitation Research and Development Service Scientific Merit Review Board will be held on March 6–8 and 13–14, 2012, at the Hyatt Regency Crystal City, 2799 Jefferson Davis Highway, Arlington, VA, from 8 a.m. to 5 p.m. each day. The following subcommittees of the Board will meet to evaluate merit review applications: March 6—Aging and Neurodegenerative Disease. March 6–7—Brain Injury: Traumatic Brain Injury (TBI) and Stroke; Musculoskeletal/Orthopedic Rehabilitation; Psychological Health and Social Reintegration; and Regenerative Medicine. March 6–8—Rehabilitation Engineering and Prosthetics/Orthotics. March 7—Career Development Award Program. March 13—Spinal Cord Injury. March 13–14—Brain Injury: TBI and Stroke; Career Development Award Program; Psychological Health and Social Reintegration; and Sensory Systems/Communication. E:\FR\FM\17FEN1.SGM 17FEN1

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[Federal Register Volume 77, Number 33 (Friday, February 17, 2012)]
[Notices]
[Pages 9727-9731]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-3735]


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DEPARTMENT OF THE TREASURY

Office of the Comptroller of the Currency

FEDERAL RESERVE SYSTEM

FEDERAL DEPOSIT INSURANCE CORPORATION


Agency Information Collection Activities: Submission for OMB 
Review; Joint Comment Request

AGENCY: Office of the Comptroller of the Currency (OCC), Treasury; 
Board of Governors of the Federal Reserve System (Board); and Federal 
Deposit Insurance Corporation (FDIC).

ACTION: Notice of information collection to be submitted to OMB for 
review and approval under the Paperwork Reduction Act of 1995.

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SUMMARY: In accordance with the requirements of the Paperwork Reduction 
Act (PRA) of 1995 (44 U.S.C. chapter 35), the OCC, the Board, and the 
FDIC (the ``agencies'') may not conduct or sponsor, and the respondent 
is not required to respond to, an information collection unless it 
displays a currently valid Office of Management and Budget (OMB) 
control number. On November 21, 2011, the agencies, under the auspices 
of the Federal Financial Institutions Examination Council (FFIEC), 
requested public comment for 60 days on a proposal to extend, with 
revision, the Consolidated Reports of Condition and Income (Call 
Report), which are currently approved collections of information. After 
considering the comments received on

[[Page 9728]]

the proposal, the FFIEC and the agencies will proceed with the 
reporting changes and instructional revisions that had been proposed to 
take effect March 31, 2012. The FFIEC and the agencies will also 
implement the two less detailed Call Report revisions that had been 
proposed for implementation as of June 30, 2012. As for the two new 
schedules that also had been proposed to be added to the Call Report 
beginning June 30, 2012,\1\ the FFIEC and the agencies are continuing 
to evaluate these proposed schedules in light of the comments received. 
The FFIEC's and the agencies' decisions regarding these two proposed 
schedules will be the subject of a separate Federal Register notice and 
any resulting new reporting requirements will not take effect before 
the September 30, 2012, report date.
---------------------------------------------------------------------------

    \1\ Schedule RI-C, Disaggregated Data on the Allowance for Loan 
and Lease Losses, and Schedule RC-U, Loan Origination Activity (in 
Domestic Offices).

---------------------------------------------------------------------------
DATES: Comments must be submitted on or before March 19, 2012.

ADDRESSES: Interested parties are invited to submit written comments to 
any or all of the agencies on the revisions to the Call Report for 
March 31, 2012, and June 30, 2012, for which the agencies are 
requesting approval from OMB. All comments, which should refer to the 
OMB control number(s), will be shared among the agencies.
    OCC: You should direct all written comments to: Communications 
Division, Office of the Comptroller of the Currency, Mailstop 2-3, 
Attention: 1557-0081, 250 E Street SW., Washington, DC 20219. In 
addition, comments may be sent by fax to (202) 874-5274, or by 
electronic mail to regs.comments@occ.treas.gov. You may personally 
inspect and photocopy comments at the OCC, 250 E Street, SW., 
Washington, DC 20219. For security reasons, the OCC requires that 
visitors make an appointment to inspect comments. You may do so by 
calling (202) 874-4700. Upon arrival, visitors will be required to 
present valid government-issued photo identification and to submit to 
security screening in order to inspect and photocopy comments.
    Board: You may submit comments, which should refer to 
``Consolidated Reports of Condition and Income (FFIEC 031 and 041),'' 
by any of the following methods:
     Agency Web Site: https://www.federalreserve.gov. Follow the 
instructions for submitting comments at: https://www.federalreserve.gov/generalinfo/foia/ProposedRegs.cfm.
     Federal eRulemaking Portal: https://www.regulations.gov. 
Follow the instructions for submitting comments.
     Email: regs.comments@federalreserve.gov. Include reporting 
form number in the subject line of the message.
     Fax: (202) 452-3819 or (202) 452-3102.
     Mail: Jennifer J. Johnson, Secretary, Board of Governors 
of the Federal Reserve System, 20th Street and Constitution Avenue NW., 
Washington, DC 20551.
    All public comments are available from the Board's Web site at 
www.federalreserve.gov/generalinfo/foia/ProposedRegs.cfm as submitted, 
unless modified for technical reasons. Accordingly, your comments will 
not be edited to remove any identifying or contact information. Public 
comments may also be viewed electronically or in paper in Room MP-500 
of the Board's Martin Building (20th and C Streets, NW.) between 9 a.m. 
and 5 p.m. on weekdays.
    FDIC: You may submit comments, which should refer to ``Consolidated 
Reports of Condition and Income, 3064-0052,'' by any of the following 
methods:
     Agency Web Site: https://www.fdic.gov/regulations/laws/federal/propose.html. Follow the instructions for submitting comments 
on the FDIC Web site.
     Federal eRulemaking Portal: https://www.regulations.gov. 
Follow the instructions for submitting comments.
     Email: comments@FDIC.gov. Include ``Consolidated Reports 
of Condition and Income, 3064-0052'' in the subject line of the 
message.
     Mail: Gary A. Kuiper, Counsel, Attn: Comments, Room F-
1086, Federal Deposit Insurance Corporation, 550 17th Street NW., 
Washington, DC 20429.
     Hand Delivery: Comments may be hand delivered to the guard 
station at the rear of the 550 17th Street Building (located on F 
Street) on business days between 7 a.m. and 5 p.m.
    Public Inspection: All comments received will be posted without 
change to https://www.fdic.gov/regulations/laws/federal/propose.html 
including any personal information provided. Comments may be inspected 
at the FDIC Public Information Center, Room E-1002, 3501 Fairfax Drive, 
Arlington, VA 22226, between 9 a.m. and 5 p.m. on business days.
    Additionally, commenters may send a copy of their comments to the 
OMB desk officer for the agencies, Shagufta Ahmed, by mail to the 
Office of Information and Regulatory Affairs, U.S. Office of Management 
and Budget, New Executive Office Building, Room 10235, 725 17th Street 
NW., Washington, DC 20503, or by fax to (202) 395-6974.

 INFORMATION CONTACT: For further information about the revisions 
discussed in this notice, please contact any of the agency clearance 
officers whose names appear below. In addition, copies of the Call 
Report forms and instructions can be obtained at the FFIEC's Web site 
(https://www.ffiec.gov/ffiec_report_forms.htm).
    OCC: Mary Gottlieb, OCC Clearance Officer, (202) 874-5090, 
Legislative and Regulatory Activities Division, Office of the 
Comptroller of the Currency, 250 E Street SW., Washington, DC 20219.
    Board: Cynthia Ayouch, Federal Reserve Board Clearance Officer, 
(202) 452-3829, Division of Research and Statistics, Board of Governors 
of the Federal Reserve System, 20th and C Streets NW., Washington, DC 
20551. Telecommunications Device for the Deaf (TDD) users may call 
(202) 263-4869.
    FDIC: Gary A. Kuiper, Counsel, (202) 898-3877, Legal Division, 
Federal Deposit Insurance Corporation, 550 17th Street NW., Washington, 
DC 20429.

SUPPLEMENTARY INFORMATION: The agencies are proposing to revise and 
extend for three years the Call Report, which is currently an approved 
collection of information for each agency.
    Report Title: Consolidated Reports of Condition and Income (Call 
Report).
    Form Number: Call report: FFIEC 031 (for banks and savings 
associations with domestic and foreign offices) and FFIEC 041 (for 
banks and savings associations with domestic offices only).
    Frequency of Response: Quarterly.
    Affected Public: Insured banks and savings associations.

OCC

    OMB Number 1557-0081.
    Estimated Number of Respondents: 2,035 (1,399 national banks and 
636 Federal savings associations).
    Estimated Time per Response: National banks: 53.49 burden hours per 
quarter to file. Federal savings associations: 53.90 burden hours per 
quarter to file and 188 burden hours for the first year to convert 
systems and conduct training.
    Estimated Total Annual Burden: National banks: 299,350 burden hours 
to file. Federal savings associations: 137,120 burden hours to file 
plus 119,568 burden hours for the first year to convert systems and 
conduct training. Total: 556,038 burden hours.

Board

    OMB Number: 7100-0036.
    Estimated Number of Respondents: 827 state member banks.

[[Page 9729]]

    Estimated Time per Response: 55.52 burden hours per quarter to 
file.
    Estimated Total Annual Burden: 183,660 burden hours.

FDIC

    OMB Number: 3064-0052.
    Estimated Number of Respondents: 4,630 (4,570 insured state 
nonmember banks and 60 state savings associations).
    Estimated Time per Response: State nonmember banks: 40.49 burden 
hours per quarter to file. State savings associations: 40.69 burden 
hours per quarter to file and 188 burden hours for the first year to 
convert systems and conduct training.
    Estimated Total Annual Burden: State nonmember banks: 740,157 
burden hours to file. State savings associations: 9,766 burden hours to 
file plus 11,280 burden hours for the first year to convert systems and 
conduct training.
    Total: 761,203 burden hours.
    The estimated time per response for the quarterly filings of the 
Call Report is an average that varies by agency because of differences 
in the composition of the institutions under each agency's supervision 
(e.g., size distribution of institutions, types of activities in which 
they are engaged, and existence of foreign offices). The average 
reporting burden for the filing of the Call Report (excluding the 
estimated burden for the two new schedules that had been proposed for 
implementation in June 2012 but are not part of this submission to OMB 
because the FFIEC and the agencies are continuing to evaluate these 
proposed schedules) is estimated to range from 17 to 700 hours per 
quarter, depending on an individual institution's circumstances.\2\
---------------------------------------------------------------------------

    \2\ This estimate does not include the burden associated with 
the implementation of proposed Schedules RI-C and RC-U.
---------------------------------------------------------------------------

    As approved by OMB, savings associations will convert from filing 
the Thrift Financial Report (TFR) (formerly OMB Number: 1550-0023) to 
filing the Call Report effective as of the March 31, 2012, report date 
(unless an institution elects to begin filing the Call Report before 
that report date).\3\ Thus, savings associations will incur an initial 
burden of converting systems and training staff to prepare and file the 
Call Report in place of the TFR. Accordingly, the burden estimates 
above in this notice for savings associations also include the time to 
convert to filing the Call Report, including implementing the necessary 
systems changes and training staff on Call Report preparation and 
filing, which is estimated to average 188 hours per savings 
association.
---------------------------------------------------------------------------

    \3\ See 76 FR 39981, July 7, 2011, at https://www.ffiec.gov/pdf/FFIEC_forms/FFIEC031_FFIEC041_20110707_ffr.pdf and the Office of 
Thrift Supervision's CEO Letter 391 dated July 7, 2011, at 
https://www.ots.treas.gov/_files/25391.pdf.
---------------------------------------------------------------------------

    In general, larger savings associations and those with more complex 
operations would likely expend a greater number of hours, on average, 
than smaller savings associations and those with less complex 
operations. A savings association's use of service providers for the 
information and accounting support of key functions, such as credit 
processing, transaction processing, deposit and customer information, 
general ledger, and reporting should result in lower burden hours for 
converting to the Call Report. Savings associations with staff having 
experience in preparing and filing the Call Report should incur lower 
initial burden hours for converting to the Call Report from the TFR. 
For further information about the estimated initial burden hours for 
savings associations' conversion to the Call Report from the TFR, see 
76 FR 39986, July 7, 2011.
    Type of Review: Revision and extension of currently approved 
collections.

General Description of Reports

    These information collections are mandatory: 12 U.S.C. 161 (for 
national banks), 12 U.S.C. 324 (for state member banks), 12 U.S.C. 1817 
(for insured state nonmember commercial and savings banks), and 12 
U.S.C. 1464 (for Federal and state savings associations). At present, 
except for selected data items, these information collections are not 
given confidential treatment.

Abstract

    Institutions submit Call Report data to the agencies each quarter 
for the agencies' use in monitoring the condition, performance, and 
risk profile of individual institutions and the industry as a whole. 
Call Report data provide the most current statistical data available 
for evaluating institutions' corporate applications, for identifying 
areas of focus for both on-site and off-site examinations, and for 
monetary and other public policy purposes. The agencies use Call Report 
data in evaluating interstate merger and acquisition applications to 
determine, as required by law, whether the resulting institution would 
control more than ten percent of the total amount of deposits of 
insured depository institutions in the United States. Call Report data 
are also used to calculate institutions' deposit insurance and 
Financing Corporation assessments and national banks' and Federal 
savings associations' semiannual assessment fees.

Current Actions

    On November 21, 2011, the agencies requested comment on a limited 
number of proposed revisions to the Call Report (76 FR 72035) for 
implementation in 2012 that are focused primarily on institutions with 
$1 billion or more in total assets. The new data items were proposed to 
be added to the Call Report as of the June 30, 2012, report date, 
except for two proposed revisions that would take effect March 31, 
2012, in connection with the initial filing of Call Reports by savings 
associations. These proposed new data items are intended to provide 
data needed for reasons of safety and soundness or other public 
purposes and would assist the agencies in gaining a better 
understanding of institutions' lending activities and credit risk 
exposures. The agencies also proposed certain revisions to the Call 
Report instructions that would take effect March 31, 2012.
    The Call Report changes in the agencies' November 2011 proposal, 
the first four of which were proposed for implementation in June 2012 
and the final three of which were proposed for implementation in March 
2012, included:
     A new Schedule RI-C, Disaggregated Data on the Allowance 
for Loan and Lease Losses, in which institutions with total assets of 
$1 billion or more would report a breakdown by key loan category of the 
end-of-period allowance for loan and lease losses (ALLL) disaggregated 
on the basis of impairment method and the end-of-period recorded 
investment in held-for-investment loans and leases related to each ALLL 
balance;
     A new Schedule RC-U, Loan Origination Activity (in 
Domestic Offices), in which institutions with total assets of $300 
million or more would report, separately for several loan categories, 
the quarter-end amount of loans (in domestic offices) reported in 
Schedule RC-C, Loans and Lease Financing Receivables, that was 
originated during the quarter, and institutions with total assets of $1 
billion or more would also report for these loan categories the 
portions of the quarter-end amount of loans originated during the 
quarter that were (a) originated under a newly established loan 
commitment and (b) not originated under a loan commitment;
     New Memorandum items in Schedule RC-N, Past Due and 
Nonaccrual Loans, Leases, and Other Assets, for the total outstanding 
balance and related carrying amount of purchased credit-impaired loans 
accounted for under Accounting

[[Page 9730]]

Standards Codification (ASC) Subtopic 310-30 that are past due 30 
through 89 days and still accruing, past due 90 days or more and still 
accruing, and in nonaccrual status;
     New items in Schedule RC-P, 1-4 Family Residential 
Mortgage Banking Activities, in which institutions with $1 billion or 
more in total assets and smaller institutions with significant mortgage 
banking activities would report the amount of representation and 
warranty reserves for 1-4 family residential mortgage loans sold (in 
domestic offices), with separate disclosure of reserves for 
representations and warranties made to U.S. government and government-
sponsored agencies and to other parties;
     New items in Schedule RC-M, Memoranda, in which savings 
associations and certain state savings and cooperative banks would 
report on the test they use to determine their compliance with the 
Qualified Thrift Lender requirement and whether they have remained in 
compliance with this requirement.
     Revisions to two existing items in Schedule RC-R, 
Regulatory Capital, used in the calculation of the leverage ratio 
denominator to accommodate certain differences between the regulatory 
capital standards that apply to the leverage capital ratios of banks 
versus savings associations.
     Instructional revisions addressing the discontinued use of 
specific valuation allowances by savings associations when they begin 
to file the Call Report instead of the TFR beginning in March 2012; the 
reporting of the number of deposit accounts of $250,000 or less in 
Schedule RC-O, Other Data for Deposit Insurance and FICO Assessments, 
by institutions that have issued certain brokered deposits; and the 
accounting and reporting treatment for capital contributions in the 
form of cash or notes receivable.
    Further details concerning the preceding proposed Call Report 
changes may be found in Sections II.A through II.G of the agencies' 
November 2011 Federal Register notice.\4\
---------------------------------------------------------------------------

    \4\ See 76 FR 72038-72045, November 21, 2011.
---------------------------------------------------------------------------

    The agencies collectively received comments on their November 2011 
Federal Register notice from eight entities: four banking 
organizations, two bankers' associations, a commercial lending software 
company, and a news organization. One bankers' association offered the 
general statement that its ``members expressed no concerns with many of 
the agencies' proposed revisions.'' None of the commenters specifically 
addressed the reporting changes proposed for implementation as of March 
31, 2012. All eight of the commenters addressed one or both of the two 
new schedules proposed to be added to the Call Report as of June 30, 
2012: Schedule RI-C, Disaggregated Data on the Allowance for Loan and 
Lease Losses, and Schedule RC-U, Loan Origination Activity (in Domestic 
Offices). One bankers' association expressed support for the proposed 
new items for past due and nonaccrual purchased credit-impaired loans, 
which were also proposed to be added to the Call Report as of June 30, 
2012, and recommended ``that the agencies adopt these proposed 
revisions without change.'' The news organization supported the 
proposed collection of data on representation and warranty reserves for 
1-4 family residential mortgage loans beginning June 30, 2012. The 
agencies concur with this commenter's suggestion that the instructions 
for the new items for these reserves clarify that representations and 
warranties made to mortgage insurers of loans sold fall within the 
scope of these items.
    In addition, the news organization recommended that the agencies 
consider significantly revising the information they collect on 
mortgage banking activities in Schedule RC-P by adding further detail 
in certain areas and deleting certain existing items. These 
recommendations go well beyond the agencies' current proposal to add 
new items for representation and warranty reserves to Schedule RC-P. 
The FFIEC and the agencies will consider the news organization's ideas 
in conjunction with their evaluation of other possible Call Report 
revisions that would be included in a future proposal.
    After considering the comments the agencies received, the FFIEC and 
the agencies are proceeding with the revisions proposed for 
implementation as of the March 31, 2012, report date as well as the 
proposed new items for past due and nonaccrual purchased credit-
impaired loans and representation and warranty reserves for 1-4 family 
residential mortgages effective as of the June 30, 2012, report 
date.\5\ As for the new schedules for disaggregated ALLL data and 
selected loan origination data proposed for implementation as of June 
30, 2012, the FFIEC and the agencies are continuing to evaluate these 
two proposed schedules in light of the comments received. When the 
FFIEC and the agencies have decided whether and how to proceed with 
these proposed new schedules, a separate Federal Register notice will 
be published and, if applicable, submissions by the agencies will be 
made to OMB. Because of the additional time necessary for the FFIEC and 
the agencies to determine the outcome of proposed new Call Report 
Schedules RI-C and RC-U and to allow sufficient lead time for affected 
institutions to prepare for any resulting new reporting requirements, 
the collection of disaggregated ALLL data and selected loan origination 
data would not take effect before the September 30, 2012, report date.
---------------------------------------------------------------------------

    \5\ In December 2011, the agencies separately requested approval 
from OMB to add six new items of limited scope and applicability to 
Call Report Schedule RC-O, Other Data for Deposit Insurance and FICO 
Assessments that also would take effect June 30, 2012. These six new 
Call Report Schedule RC-O items are: (a) For large and highly 
complex institutions, Memorandum item 16, ``Portion of loans 
restructured in troubled debt restructurings that are in compliance 
with their modified terms and are guaranteed or insured by the U.S. 
government (including the FDIC)''; (b) For large and highly complex 
institutions that own another insured depository institution, 
Memorandum items 17.a through 17.d for the fully consolidated 
amounts of total deposit liabilities before exclusions, total 
allowable exclusions, unsecured other borrowings with a remaining 
maturity of one year or less, and estimated amount of uninsured 
deposits; and (c) For all institutions that own another insured 
depository institution, Memorandum item 9.a for the fully 
consolidated amount of reciprocal brokered deposits. See 76 FR 
77315, December 12, 2011.
---------------------------------------------------------------------------

    The list below summarizes each of the Call Report changes included 
in the agencies' November 2011 proposal along with its implementation 
status:
     Proposed new Schedule RI-C, Disaggregated Data on the 
Allowance for Loan and Lease Losses: Remains under review by the FFIEC 
and the agencies; not to be implemented before September 30, 2012;
     Proposed new Schedule RC-U, Loan Origination Activity (in 
Domestic Offices): Remains under review by the FFIEC and the agencies; 
not to be implemented before September 30, 2012;
     New Memorandum items in Schedule RC-N, Past Due and 
Nonaccrual Loans, Leases, and Other Assets: Implement June 30, 2012;
     New items in Schedule RC-P, 1-4 Family Residential 
Mortgage Banking Activities: Implement June 30, 2012;
     New items in Schedule RC-M, Memoranda: Implement March 31, 
2012;
     Revisions to two existing items in Schedule RC-R, 
Regulatory Capital: Implement March 31, 2012;
     Instructional revisions addressing the discontinuation of 
certain valuation allowances by savings associations; the reporting of 
certain deposit accounts in Schedule RC-O; and the accounting and 
reporting treatment for certain capital

[[Page 9731]]

contributions: Implement March 31, 2012.
    Consistent with longstanding practice, for the March 31, 2012, and 
June 30, 2012, report dates, as applicable, institutions may provide 
reasonable estimates for any new or revised Call Report item initially 
required to be reported as of that date for which the requested 
information is not readily available.

Request for Comment

    Public comment is requested on all aspects of this joint notice. 
Comments are invited on:
    (a) Whether the proposed revisions to the collections of 
information that are the subject of this notice are necessary for the 
proper performance of the agencies' functions, including whether the 
information has practical utility;
    (b) The accuracy of the agencies' estimates of the burden of the 
information collections as they are proposed to be revised, including 
the validity of the methodology and assumptions used;
    (c) Ways to enhance the quality, utility, and clarity of the 
information to be collected;
    (d) Ways to minimize the burden of information collections on 
respondents, including through the use of automated collection 
techniques or other forms of information technology; and
    (e) Estimates of capital or start up costs and costs of operation, 
maintenance, and purchase of services to provide information.
    Comments submitted in response to this joint notice will be shared 
among the agencies. All comments will become a matter of public record.

    Dated: February 9, 2012.
Michele Meyer,
Assistant Director, Legislative and Regulatory Activities Division, 
Office of the Comptroller of the Currency.

Board of Governors of the Federal Reserve System.
Robert deV. Frierson,
Deputy Secretary of the Board.
    Dated at Washington, DC, this 10th day of February 2012.

Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2012-3735 Filed 2-16-12; 8:45 am]
BILLING CODE 4810-33-P; 6210-01-P; 6714-01-P
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