What is an FDIC call report?

A call report is a regulatory report that must be filed by banks in the U.S. on a quarterly basis with the FDIC. A call report contains information about the bank’s financial health, and by examining multiple call reports it can provide insight regarding the welfare of the U.S. banking system more broadly.

What is a Reg W transaction?

To limit the risks to a Bank from transactions between a Bank and its affiliates, To limit the ability of a Bank to transfer any subsidy arising from a Bank’s access to the Federal safety net to its affiliates.

What is the regulation W attribution rule?

A1: The attribution rule of Regulation W states that any transaction between a member bank and a person is deemed to be a transaction between the member bank and an affiliate to the extent that the proceeds of the transaction are used for the benefit of, or transferred to, the affiliate.

What is a covered transaction under Regulation W?

Covered transactions include loans and other extensions of credit to an affiliate, investments in the securities of an affiliate, purchases of assets from an affiliate, and certain other transactions that expose the bank to the risks of its affiliates.

How does the FDIC use call report data?

The agencies use Call Report data to evaluate the corporate applications of institutions, and to calculate the deposit insurance assessments of institutions and the semiannual assessment fees of national banks and federal savings associations.

What do you need to know about FDIC regulations?

Review the laws and regulations that govern the actions of FDIC-insured institutions. Access statutes and regulations, guidance, and forms for preparing certain applications. Review guidelines, forms, and instructions for preparing the Report of Condition and Income or the Thrift Financial Report.

Who is the Federal Deposit Insurance Corporation ( FDIC )?

The Federal Deposit Insurance Corporation (FDIC) is one of two agencies that provide deposit insurance to depositors in U.S. depository institutions, the other being the National Credit Union Administration, which regulates and insures credit unions.

Who are the common control companies of the FDIC?

(2) Companies under common control by a parent company. Any company, including any subsidiary of the member bank, that is controlled by a company that controls the member bank; (3) Companies under other common control.