FDIC Technical Evaluation Practice Test 2026 - Free Technical Evaluation Practice Questions and Study Guide

Banks are required to file the Call Report (officially known as the Consolidated Report of Condition and Income) on a quarterly basis with the FDIC. This report provides a comprehensive overview of a bank's financial condition and performance, including details about its assets, liabilities, income, and capital. The information collected through the Call Report is crucial for regulatory monitoring and analysis, allowing the FDIC to assess the overall health of the banking system. Additionally, it ensures that banks maintain transparency and accountability in their financial practices.

Other types of reports mentioned, such as the Audit Report or Management Compliance Report, while important, do not have the same filing frequency or requirements as the Call Report. The Financial Efficiency Report is also not a standard requirement under FDIC regulations. Thus, the Call Report stands out as the specific document banks must submit on a quarterly basis to remain compliant with federal regulations.