What is a Consolidated Statement of Income Call Report?

The Consolidated Statement of Income is consider a Call Report and is used by accountants and compliance managers to submit quarterly data as per Office of the Comptroller of the Currency (OCC) requirements. Some of the main functionality in this type of regulatory report is that it can both be used as an input form and as a formatted report ready to submit to OCC. Any data that can be imported from the ERP system or other database will automatically be pulled into the form without having to be re-entered. Only the top portion of the form is visible in the screenshot. You find an example of this type of regulatory report below.

Purpose of Consolidated Statement of Income Call Report Templates

Banks use Call Report Templates to automate the input and and submission process to OCC. Because this type of template is in a cloud-based reporting system, users can log-in and work on the report from anywhere. When used as part of good business practices in Accounting- and Compliance departments, a bank can improve its processes and save labor costs, and it can reduce the chances that data entry mistakes occur.

Example of a Consolidated Statement of Income Call Report Template

Here is an example of a OCC Call Report with quarterly Consolidated Statement of Income data.

Example of a Consolidated Statement of Income Call Report

Example of a Consolidated Statement of Income Call Report

You can find hundreds of additional examples here

Who Uses This Type of Regulatory Report?

The typical users of this type of regulatory report are: Accountants, compliance managers, CFOs.

Other Reports Often Used in Conjunction with Form 5300 Call Report Templates

Progressive Accounting- and Compliance departments sometimes use OCC call reports supported by internal income statements, balance sheets, cash flow reports, trial balances, transaction detail reports and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from bank systems and enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Cloud Solutions and More Examples