12 USC § 4805 - Call report simplification

---
identifier: "/us/usc/t12/s4805"
source: "usc"
legal_status: "official_prima_facie"
title: "12 USC § 4805 - Call report simplification"
title_number: 12
title_name: "BANKS AND BANKING"
section_number: "4805"
section_name: "Call report simplification"
chapter_number: 48
chapter_name: "FINANCIAL INSTITUTIONS REGULATORY IMPROVEMENT"
positive_law: false
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(Pub. L. 103–325, title III, § 307, Sept. 23, 1994, 108 Stat. 2217.)"
---


# § 4805. Call report simplification

**(a)** **Modernization of call report filing and disclosure system** In order to reduce the administrative requirements pertaining to bank reports of condition, savings association financial reports, and bank holding company consolidated and parent-only financial statements, and to improve the timeliness of such reports and statements, the Federal banking agencies shall—

**(1)** work jointly to develop a system under which—

**(A)** insured depository institutions and their affiliates may file such reports and statements electronically; and

**(B)** the Federal banking agencies may make such reports and statements available to the public electronically; and

**(2)** not later than 1 year after September 23, 1994, report to the Congress and make recommendations for legislation that would enhance efficiency for filers and users of such reports and statements.

**(b)** **Uniform reports and simplification of instructions** The Federal banking agencies shall, consistent with the principles of safety and soundness, work jointly—

**(1)** to adopt a single form for the filing of core information required to be submitted under Federal law to all such agencies in the reports and statements referred to in subsection (a); and

**(2)** to simplify instructions accompanying such reports and statements and to provide an index to the instructions that is adequate to meet the needs of both filers and users.

**(c)** **Review of call report schedule** Each Federal banking agency shall—

**(1)** review the information required by schedules supplementing the core information referred to in subsection (b); and

**(2)** eliminate requirements that are not warranted for reasons of safety and soundness or other public purposes.

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**Source Credit**: (Pub. L. 103–325, title III, § 307, Sept. 23, 1994, 108 Stat. 2217.)

## Editorial Notes

### Codification

Provisions similar to this section are contained in .