New instructional revisions in detailing loan modifications in call reports are being sought by federal banking agencies, the agencies said late Friday in releasing other final regulatory reporting changes for bank call reports.
The three agencies (the Federal Deposit Insurance Corporation (FDIC), the Federal Reserve, and the Office of the Comptroller of the Currency (OCC)) said the instructional revisions are related to the length of time that loan modifications to borrowers experiencing financial difficulty would be reported in the Call Report and FFIEC 002 forms.
“Institutions would report applicable loans for a 12-month period after being modified,” the agencies said. “These revisions would be effective as of the December 31, 2025, report date.”
Early implementation of these changes would be permitted for the Sept. 30, 2025, report date, the agencies stated.
Comments on the change are due by Aug. 11.
Call Reports and Other FFIEC Related Forms and Reports
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