Effective with the forthcoming release dated June 30, 2023, with data as of June 21, 2023, data on the H.8 release will be benchmarked through the March 2023 Call Report. Data were last benchmarked through the December 2022 Call Report. The release dated June 30, 2023, will also incorporate the following changes: 1. Seasonal factors will be updated using a revised weekly seasonal adjustment procedure that will better adjust for outliers, including outliers resulting from the onset of the COVID-19 pandemic. The effects of this update on the data will extend to earlier periods as well. Additional details will be published with the release on June 30, 2023.2. As detailed on the H.8 About page, the composition of the large bank panel is determined by the ranking of domestic assets as of each benchmark commercial bank Call Report. Changes in the large bank panel in the forthcoming benchmark release will be retroactive to April 5, 2023, the weekly release closest to the March 2023 Call Report. Historical data for the large and small domestically chartered commercial bank groups are adjusted to remove the estimated effects of panel shifts between the two groups.
