Notice of IDC Financial Publishing’s 2020Q1 Bank Ranks and Industry Efforts to Address Covid-19

In an effort to provide the most accurate information to our customers, we are sending this special notice regarding institution ranks for 2020Q1. The Federal Financial Institutions Examination Council has granted a 30-day extension from the official filing date, recognizing that ”financial institutions may need additional time to submit certain regulatory reports in light of staffing priorities and disruptions caused by the Coronavirus Disease 2019 (COVID-19).” More detail of FFIEC efforts and the extension can be found here.

In light of this extension, IDC Financial Publishing has not received filings for all institutions. We estimate, to date, that approximately 90% of institutions have filed, and these 2020Q1 bank and savings institution ranks are currently available on our portal. Rest assured we are continuing to monitor the progress of these outstanding institution filings and will update you once we have received and published complete data for the quarter.

At IDC Financial Publishing, we are making every effort to keep our customers informed during this time of financial uncertainty and are available to address any questions or concerns you may have. Please contact us at Due to Covid-19 our offices continue to be temporarily closed and will respond to your message as soon as possible.

John E Rickmeier, CFA, President