What’s New?

Update March 31, 2022

The Call Report Instructions were updated based on feedback received during the two Call Report Changes webinars. The Call Report form was changed to add back Account Code 996 now described as "non-controlling interest in consolidated subsidiaries." Please refer to the revised documents on this page.

Call Report Changes for March 2022

In 2016, the NCUA began a comprehensive review of the Call Report to modernize the agency's data collection efforts and increase efficiencies. As a result of this review, the NCUA published in January 2018 for public comment a proposed modernized Call Report. Besides improving efficiency, many of the modifications in the March 2022 Call Report reflect changes in accounting standards and regulations occurring since 2018.

Accounts:

The December 2021 Call Report has 1,168 accounts. Of those, 920 are fillable by the credit union and 248 are calculated by CUOnline.

The March 2022 Call Report has a total of 1,120 accounts. Of those, 176 relate to calculating the Risk-Based Capital (RBC) Ratio, 8 relate to calculating the Complex Credit Union Leverage Ratio (CCULR), and 18 relate to off-balance sheet exposures. The number of accounts a credit union is required to use is based on the credit union's asset size and the method used to measure capital adequacy.

For credit unions with total assets of $500 million and less, the March 2022 Call Report has 918 accounts. Of those, 750 are fillable by the credit union and 168 are calculated by CUOnline. This represents an 18 percent reduction in fillable accounts.

For credit unions with total assets greater than $500 million, the number of fillable accounts depends on the RBC framework.

Credit union size/election December 2021 Call Report Fillable Accounts March 2022 Call Report Fillable Accounts % Change
Credit unions with total assets of $500 million or less 920 750 -18%
Credit unions with total assets greater than $500 million electing the CCULR framework 920 769 -16%
Credit unions with total assets greater than $500 million not electing the CCULR framework 920 843 -8%

Pages:

Although the Call Report has been restructured, there are still 22 pages excluding the RBC and CCULR schedules. The table below shows the location of major topics:

Topic December 2021 Call Report March 2022 Call Report
Assets 1 and 2 1 and 2
Liabilities 3 3
Equity 4 3
Income 5 4
Expenses 5 5
Loans 6 6
Delinquent Loans 8 and 9 7 and 8
Loan Losses 10 8
Liquidity 11 17 and 18
Net Worth Calculation 12 22
Indirect Loans 14 10
Real Estate Loans 14 and 15 11
Loans Purchased and Sold and Participation Loans 15 10
Commercial and Member Business Loans 16 12
Troubled Debt Restructured Loans 17 8
Purchased Credit Impaired Loans 17 9
Purchased Credit Deteriorated Loans 17 9
Investments 18 and 19 13, 14, 15, and 16
Shares 3 and 4 19
CUSO 20 20
Derivatives 21 21
Bank Secrecy Act 22 20

Schedules:

The December 2021 Call Report has five schedules, A through E. The March 2022 Call Report has eight schedules, A through I.

Schedule/Section December 2021 Call Report March 2022 Call Report
Schedule A, Section 1 Indirect Loans Loans and Leases
Schedule A, Section 2 Real Estate Loans and Lines of Credit Delinquent Loans
Schedule A, Section 3 Loans Purchased and Sold, Participation Loans Loan Losses
Schedule A, Section 4 Commercial and Member Business Loans Other Loan Information including Loans to Officials, Interest Rate Ceiling, Purchased Credit Impaired, and Purchased Credit Deteriorated
Schedule A, Section 5 Troubled Debt Restructured Loans Indirect Loans
Schedule A, Section 6 Purchased Credit Impaired Loans Loans Purchased and Sold under 701.22 and 701.23
Schedule A, Section 7 Purchased Credit Deteriorated Loans 1- to 4-Family Residential Property and all other Consumer Real Estate
Schedule A, Section 8   Commercial Lending
Schedule B Investments  
Schedule B, Section 1   Held-to-Maturity and Available-for-Sale Debt Securities
Schedule B, Section 2   Trading Debt and Equity Securities
Schedule B, Section 3   Investment Maturity Distribution
Schedule B, Section 4   Investments – Memoranda including Realized Investment Gains (Losses), OTTI, Derivatives Hedge, Assets used to fund employee benefit or deferred compensation plans, and Charitable Donation Accounts
Schedule C Credit Union Service Organization Liquidity
Schedule C, Section 1   Unfunded Commitments
Schedule C, Section 2   Off-Balance Sheet Exposures
Schedule C, Section 3   Contingent Liabilities
Schedule C, Section 4   Borrowing Arrangements
Schedule C, Section 5   Borrowing Maturity Distribution
Schedule D Derivatives Shares, Supplemental Information including Number of Members, Share Maturity Distribution, Additional share/deposit information, NCUA Insured Savings Computation and Additional Share Insurance
Schedule E Bank Secrecy Act Supplemental Information including Uninsured Secondary Capital, Grants, Credit Union Employees, Credit Union Branches, International Remittances, Money Services Businesses, and CUSOs
Schedule F   Derivatives
Schedule G   Net Worth Calculation
Schedule H   Complex Credit Union Leverage Ratio Calculation
Schedule I   Risk Based Capital Ratio Calculation
Last modified on
03/25/22