Federal Reserve Bank of New York · Dec 22, 2025
Correia, Fermin, Luck, and Verner describe a new bank-data resource in Liberty Street Economics
Markdown · JSON · Original source
On December 22, 2025, Sergio Correia, Tiffany Fermin, Stephan Luck, and Emil Verner describe a new dataset of U.S. commercial-bank Call Reports. A Call Report is a regulatory filing in which a bank reports information about its financial health, including assets, liabilities, and income. The authors say their dataset extends the coverage of existing data and standardizes key balance-sheet items across time, accounting for changes in reporting forms. The dataset includes detailed financial statements and more granular information, such as loans by line of business and deposits by maturity. The authors say it can support research into dynamics in the U.S. banking sector, and point to a study using the data to examine commonalities among failing banks. The post marks the dataset’s release on the Federal Reserve Bank of New York’s public website. The authors’ case is that longer historical coverage and comparable measures can help researchers study changes in banking; what further research will find, and how widely the dataset will be used, remain unknown.
Headline and summary by Escape Meridian, prepared by Luna from the attributed source. A source check is not independent confirmation of the source’s claims.
Original source
Federal Reserve Bank of New York · Article
Source details
Original source date: Dec 22, 2025 (2025-12-22T14:00:00.000Z).
Date basis: Date supplied by the publisher’s feed.
Added to Escape Meridian: 2026-11-09T12:08:24.130Z. First observed: 2026-10-30T04:04:04.100Z. Retrieved: 2026-10-30T04:05:49.852Z.
Referenced by
Recorded citations and public file attachments. A reference alone does not establish agreement or influence.
No public references recorded here yet.
Limits
Text as retrieved on October 30, 2026; originally published December 22, 2025. The post describes the dataset and an example research use, but does not report findings from a broad evaluation of its usefulness or limits.
Open question
How will researchers use the longer, standardized series to identify changes in U.S. banking that existing datasets could not capture?
Source-stated
The authors describe a new dataset of commercial-bank Call Reports covering 1959 to 2025.
a new dataset that uses call reports filed by commercial banks from 1959 to 2025.
Source-stated
The authors say the dataset extends the time coverage of existing data and standardizes key balance-sheet items across time.
our data cover a longer time horizon, starting in 1959 rather than 1976, and extending to 2025. Moreover, we standardize key balance sheet items across time.
Source-stated
The authors say the dataset can support research on U.S. banking-sector dynamics and cite research using it to study failing banks.
The data can serve as a source for research by academics and practitioners to generate insights into the dynamics in the U.S. banking sector.
Source-stated
The post announces the dataset’s release on the Federal Reserve Bank of New York’s public website.
This post marks the release of this dataset on the bank’s public website
Source and contributor context
Federal Reserve Bank of New York · Publisher
The publisher is identified here. No individual author has been inferred.
Source media
Media retrieval status: unchecked.
Terms and references
Reference context selected by Escape Meridian; separate from source evidence. Entity mentions do not establish authorship, involvement or endorsement.
TIME
TIME is a news magazine publishing reporting on world affairs, business, technology and the workers behind digital services.
Editorial provenance
Version 1. Publication ID: 019cfeca-ab8c-5c8b-f8d6-9cab9cfa7595.
Prepared by openai/gpt-6-luna; grounding review by anthropic/claude-opus-5.5.
Source check: passed by anthropic/claude-opus-5.5 on 2026-11-09T12:03:37.088Z. This checks fidelity to the source, not whether its claims are independently true.
Editorial selection: accept; reasons: bridge_admitted_by_model.
Observation: 51c1770fa21133cc2e5273784d5fe293bee594be70de3d2e04fa2a02357b47f4. Source text hash: 7cec8eabb24cecd7ec06bb3b08c54914da57b7701d05a641e79cf4214a3e1a9b.
Revision and source-check history
Version 1 · 2026-11-09T12:08:24.130Z
Correia, Fermin, Luck, and Verner describe a new bank-data resource in Liberty Street Economics
On December 22, 2025, Sergio Correia, Tiffany Fermin, Stephan Luck, and Emil Verner describe a new dataset of U.S. commercial-bank Call Reports. A Call Report is a regulatory filing in which a bank reports information about its financial health, including assets, liabilities, and income. The authors say their dataset extends the coverage of existing data and standardizes key balance-sheet items across time, accounting for changes in reporting forms. The dataset includes detailed financial statements and more granular information, such as loans by line of business and deposits by maturity. The authors say it can support research into dynamics in the U.S. banking sector, and point to a study using the data to examine commonalities among failing banks. The post marks the dataset’s release on the Federal Reserve Bank of New York’s public website. The authors’ case is that longer historical coverage and comparable measures can help researchers study changes in banking; what further research will find, and how widely the dataset will be used, remain unknown.
Original source
Federal Reserve Bank of New York · Article
Source details
Original source date: Dec 22, 2025 (2025-12-22T14:00:00.000Z).
Date basis: Date supplied by the publisher’s feed.
Added to Escape Meridian: 2026-11-09T12:08:24.130Z. First observed: 2026-10-30T04:04:04.100Z. Retrieved: 2026-10-30T04:05:49.852Z.
Limits
Text as retrieved on October 30, 2026; originally published December 22, 2025. The post describes the dataset and an example research use, but does not report findings from a broad evaluation of its usefulness or limits.
Open question
How will researchers use the longer, standardized series to identify changes in U.S. banking that existing datasets could not capture?
Source-stated
The authors describe a new dataset of commercial-bank Call Reports covering 1959 to 2025.
a new dataset that uses call reports filed by commercial banks from 1959 to 2025.
Source-stated
The authors say the dataset extends the time coverage of existing data and standardizes key balance-sheet items across time.
our data cover a longer time horizon, starting in 1959 rather than 1976, and extending to 2025. Moreover, we standardize key balance sheet items across time.
Source-stated
The authors say the dataset can support research on U.S. banking-sector dynamics and cite research using it to study failing banks.
The data can serve as a source for research by academics and practitioners to generate insights into the dynamics in the U.S. banking sector.
Source-stated
The post announces the dataset’s release on the Federal Reserve Bank of New York’s public website.
This post marks the release of this dataset on the bank’s public website
Source and contributor context
Federal Reserve Bank of New York · Publisher
The publisher is identified here. No individual author has been inferred.
Source media
Media retrieval status: unchecked.
Terms and references
Reference context selected by Escape Meridian; separate from source evidence. Entity mentions do not establish authorship, involvement or endorsement.
TIME
TIME is a news magazine publishing reporting on world affairs, business, technology and the workers behind digital services.
Editorial provenance
Version 1. Publication ID: 019cfeca-ab8c-5c8b-f8d6-9cab9cfa7595.
Prepared by openai/gpt-6-luna; grounding review by anthropic/claude-opus-5.5.
Source check: passed by anthropic/claude-opus-5.5 on 2026-11-09T12:03:37.088Z. This checks fidelity to the source, not whether its claims are independently true.
Editorial selection: accept; reasons: bridge_admitted_by_model.
Observation: 51c1770fa21133cc2e5273784d5fe293bee594be70de3d2e04fa2a02357b47f4. Source text hash: 7cec8eabb24cecd7ec06bb3b08c54914da57b7701d05a641e79cf4214a3e1a9b.
passed · 2026-11-09T12:03:37.088Z · anthropic/claude-opus-5.5
Publication: 019cfeca-ab8c-5c8b-f8d6-9cab9cfa7595
attribution — pass: The reading correctly attributes the post to Sergio Correia, Tiffany Fermin, Stephan Luck, and Emil Verner, writing in the New York Fed's Liberty Street Economics. Dataset descriptions and research uses are framed as the authors' statements.
Sergio Correia, Tiffany Fermin, Stephan Luck, and Emil Verner
summary — pass: The reading defines a Call Report in plain language and states the actor and the development: a new, longer, standardized dataset released on the New York Fed website. It accurately conveys the source's stated purpose, its example use (failing banks), and the unknowns. The question follows reasonably from the evidence.
A call report is a regulatory filing submitted by a bank to a regulatory agency that provides information about the bank’s financial health.
date — pass: The reading's December 22, 2025 date matches the instant originalPublished value and the post's own dateline. It contains no hindsight or post-publication events. The 'You may also be interested in' list is not used. The evidence kind is publisher-page, so no archive disclosure is needed.
December 22, 2025
support — pass: Each claim is supported by a verbatim excerpt: the 1959–2025 coverage, the comparison with the 1976 start of existing data, the standardization of balance-sheet items, research uses including the failing-banks study, and the release on the public website. The reading claims no demonstrated benefit beyond what the authors state, and it labels uptake as unknown.
uses the data to uncover commonalities in failing banks
media — pass: No media was selected, and no verified media candidates were supplied, so null media is appropriate.
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