All About Data Updates

Although nearly all the public data released by Federal FinanciaL Institution regulators' data time series are provided at quarterly frequencies, data for banks and bank holding companies can be updated daily and/or Monthly.

Update Frequencies

Daily Updates

Bank Attributes, Mergers, and Branches

Bank Holding Company Data

Bank Regulatory Data

Monthly Updates

Bank Regulatory Data

Universal Bank Performance Reports

Quarterly Updates

Federal Deposit Insurance Corporation SDI Data

Why Does Already Submitted Data Change

Bank Structure Changes

In the regular course of business, mergers, acquisitions, branches openings and closings, and other related matters are updated on a rolling basis.

New Filings

For each new quarterly reporting period, regulators receive data on a rolling basis from financial institutions. Data received by regulators is validated using pre-established error checking formulas; following the validation period, data is posted "live."

Updated Filings

It is not unusual for an institution to refile its financial data. Among the reasons why refilings may occur are: in response to internal financial accounting errors and ommissions at the institution; changes in response to regulator inquiries; and changes resulting from previously incomplete information.

Identifying institutions with updated data

Reviewing Day-to-Day Changes

For all daily datasets, data may of course be loaded in total and individual data points compared between days.

XBRL Webservice

For only non-holding companies, the Federal Financial Institutions Institutions Examination Council (FFIEC) publishes an XBRL-based data feed that permits querying of all reporting institutions to identify the last date at which the institution filed data. Institutions reporting updates on multiple dates within a single quarter would, of course, indicate multiple refilings of that respective institution.