Banks typically take four to six times longer to complete call reports than regulators estimate according to a survey of 88 banks by the American Bankers Association.

The average bank took 179 hours to finish its Sept. 30 consolidated report of condition and income, the survey found.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.