Call Report , A Review and Update 03/23/18

Call Report , A Review and Update 03/23/18
The Call Report Preparation seminar will help preparers and reviewers understand the preparation process and eliminate errors. The seminar will begin with an overview of proposed revisions announced followed by a review of critical balance sheet and income statement schedules, including a line by line review of RC-R, risk based capital. Schedules included in the presentation are the FFIEC 041 forms. The agencies are proposing to delete items on RI related to Other Than Temporary Impairment and items on schedules RC-C and RC-N related to certain restructured loans. New thresholds are proposed for reporting on RI-E, RC-F, and RC-G along with additional preprinted captions. In addition, they are proposing to increase the deposit size threshold from $100,000 to $250,000 on RI, RC-E, and RC-K. The Agencies are considering a less burdensome version of the Call Report for institutions that meet certain criteria. They are also visiting with a limited number of banks during the third quarter and looking at how the banks prepare their call report and where a significant amount of time and/or manual processes are required.
 
THE SEMINAR WILL COVER
     • Proposed changes
     • Revisions, including detailed review
     • Recent Accounting Guidance
     • In Depth Discussion of the Following:
          1. Loan Classifications
          2. Maturity and Repricing Reporting
          3. Deposit Classification: What to include and exclude
          4. Unposted Deposit Debits
          5. Other Real Estate
          6. Insider Loans
Annual training in Call Report Preparation is highly recommended by bank regulators, not just for preparers of the call
report, but also for reviewers. A reviewer needs to understand the reporting requirements and should spend at least 3-4
hours performing a detailed check of the completed Call Report Schedules and supporting documentation. New and
experienced preparers and reviewers should be trained.
When
3/23/2018 9:00 AM - 4:00 PM
Where
MBA Education Center 507 South Grand Ave Lansing, MI 48933 UNITED STATES

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