More about reporting forms

The information gathered by reporting forms aids the Federal Reserve in carrying out its responsibilities for the conduct of monetary policy, the supervision and regulation of the banking industry, and the protection of consumers' rights.

Among the types of information collected primarily for monetary policy purposes are data on deposits and reserves at depository institutions, which are used in the construction of the monetary aggregates and in the calculation of reserve requirements. Other data collected from depository institutions, as well as from finance companies, government securities dealers, and utilities, are used in the construction of the bank credit and consumer credit aggregates and in the analysis of overall banking and economic conditions.

Information gathered primarily for supervision and regulation purposes includes the balance sheets and income reports of both U.S. and foreign entities--U.S. commercial banks and bank holding companies, U.S. branches and agencies of foreign banks, Edge and agreement corporations, and foreign banking organizations; the information on U.S. banking organizations covers both domestic and overseas operations. The Federal Reserve also collects data on the investments and activities of bank holding companies, their banking and nonbanking subsidiaries, and their intercompany transactions.

The Federal Reserve cooperates with other Federal Financial Institutions Examination Council (FFIEC) agencies in collecting data under legislative mandate to ensure that the lending practices of depository institutions are nondiscriminatory. Under the Home Mortgage Disclosure Act, major mortgage lenders report on the disposition of each mortgage loan application they receive, and under the Community Reinvestment Act, large depository institutions report on their community development and small business loans.

Last Update: June 24, 2022