Burden modified to reflect elimination of information collection instrument uploaded in error.
Inventory as of this Action
Requested
Previously Approved
03/31/2014
36 Months From Approved
04/30/2011
36
0
152
22,500
0
95,000
0
0
0
These quarterly reporting requirements were established by the Federal Financial Institutions Examination Council (FFIEC)for banks that quality for and adopt the Advanced Capital Adequacy Framework or are in the parallel run state of qualifying for the framework. Certain portions of the FFIEC 101 report are being revised, beginning with the March 31, 2011, report date, to align reporting of qualifying restricted core capital elements held by bank holding companies and qualifying mandatory convertible preferred securities held by internationally active bank holding companies to the Consolidated Financial Statements for Bank Holding Companies by separately including both capital elements in Schedule A of the FFIEC 101 report; require all banks, bank holding companies, and savings associations to report capital numerator information on a common Schedule A of the FFIEC 101 report; and revise the way equity exposures are reported in a reformatted Schedule R of the FFIEC 101 report.
The burden change of -72,500 hours is the result of two factors: (1) a decrease from 19 to 9 in the number of FDIC-supervised institutions subject to the FFIEC 101 reporting requirements; and (2) correction of a double-counting error in the FDIC's 2007 submission, specifically a double reporting in 2007 of the actual burden of 47,500 hours (i.e., 19 banks x 4 reports per year x 625 hours per report).
No
No
No
No
No
Uncollected
Leneta Gregorie 202 898-3719
No
On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control number;
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
Form FFIEC 101 Advanced Capital Adequacy Framework Regulatory Reporting Requirments
FFIEC 101 Supporting Statement 012811 (2).doc
2011-1945.pdf
Advanced Capital Adequacy Framework Regulatory Reporting Requirments