Report of Condition and Income
Report of Condition and Income
Report of Condition and Income
A quarterly report that every bank, bank holding company, and Edge Act corporation must file giving information over a given period of time. The report contains information on the bank's financial state, most notably including statements on income, assets, liabilities, and write-offs for bad debt. It is informally called a call report. The report of condition and income must be filed within 30 days following the end of each quarter. It is the equivalent of a thrift financial report, which must be filed by savings and loan associations. See also: earnings report.