In a comment letter dated January 17, 2019, CBAI urged the OCC, Federal Reserve and FDIC to finally provide meaningful Call Report regulatory relief to community banks. The letter highlighted CBAI’s efforts to win relief in 2014, 2016 and 2017, which unfortunately received an insufficient response. Finally, in 2018, Congress enacted the bipartisan Economic Growth, Regulatory Relief and Consumer Protection Act (S. 2155) which included requiring the regulators to issue additional regulations for a meaningful reduction in these reporting requirements. CBAI again urged the Agencies to only require the Balance Sheet, Income Statement and Changes in Bank Equity Capital in a new short-form Call Report for covered depository institutions [less than $5 billion in total consolidated assets] for the first and third quarters of a year. Read Comment Letter.