Financial Institution Reports

Annual Adjustments for Reserve Calculations and Deposit Reporting
October 9, 2009

The Federal Reserve Board on Friday announced the annual indexing of the reserve requirement exemption amount and of the low reserve tranche for 2010. These amounts are used in the calculation of reserve requirements of depository institutions. The Board also announced the annual indexing of the nonexempt deposit cutoff level and the reduced reporting limit that will be used to determine deposit reporting panels effective 2010.
FRB Press Release

The FFIEC announces modernization of the Uniform Bank Performance Report (UBPR) system
September 28, 2009

The federal banking agencies of the Federal Financial Institutions Examination Council (FFIEC) are modernizing the Uniform Bank Performance Report (UBPR) system. The UBPR Modernization effort is scheduled for implementation as early as December 2009. Some benefits of the new system include faster delivery of high quality data and enhanced data delivery methods.
Please refer to the FFIEC website for more information, under the UBPR Modernization link in the navigation menu.

Agencies seek comment on proposed regulatory capital standards related to adoption of FAS 166 and 167
August 26, 2009

The federal banking and thrift regulatory agencies are seeking comment on a proposed regulatory capital rule related to the Financial Accounting Standards Board's adoption of Statements of Financial Accounting Standards Nos. 166 and 167. Beginning in 2010, these accounting standards will make substantive changes to how banking organizations account for many items, including securitized assets, that are currently excluded from these organizations' balance sheets.
FRB Press Release
Federal Reserve Board's June 12, 2009 response to the new accounting standards

Federal Reserve and Treasury Department announce extension to TALF
August 17, 2009

The Federal Reserve Board and the Treasury Department on Monday announced that they approved an extension to the Term Asset-Backed Securities Loan Facility (TALF) and that, at this time, they do not anticipate any further additions to the types of collateral that are eligible for the facility.
FRB Press Release

Board announces final rule on senior perpetual preferred stock issued by BHCs to Treasury
May 22, 2009

The Federal Reserve Board on Friday announced the adoption of a final rule that will allow bank holding companies to include in their Tier 1 capital without restriction senior perpetual preferred stock issued to the U.S. Treasury Department under the Troubled Asset Relief Program (TARP). This rule makes final the interim final rule that the Board adopted in October 2008.
FRB Press Release