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Board of Governors of the Federal Reserve System Federal Deposit Insurance Corporation Office of the Comptroller of the Currency Federal Financial Institutions Examination CouncilConsolidated Reports
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1 billion - ffiec refers to the FFIEC 031 form, which is used to report financial information from banks with consolidated total assets of $1 billion or more.
Banks with consolidated total assets of $1 billion or more are required to file the FFIEC 031 form.
The FFIEC 031 form can be filled out electronically through the FFIEC's website or using the specified software provided by the FFIEC.
The purpose of the FFIEC 031 form is to collect financial information from large banks to assess their financial condition and compliance with regulatory requirements.
The FFIEC 031 form requires banks to report various financial statements, such as balance sheets, income statements, and regulatory capital information.
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