The federal financial regulators released report forms, an instruction book update, and supplemental instructions for the March 31, 2015, Call Report. This Call Report, due April 30, is the first submission that will fully reflect recent changes to regulatory capital — including the one-time election to exclude Accumulated Other Comprehensive Income from regulatory capital.
This election is a one time, irrevocable opt-out that must be made on Part 1 of Call Report Schedule RC-R, line item 3a.
The treatment of AOCI in the Basel III standards was highly contentious. ABA advocacy helped win the option for most institutions to exclude AOCI from regulatory capital, a choice that can significantly relieve burdens associated with flowing AOCI through capital.
Download the revised forms.