This session is your blueprint for Call Report mastery – stay ahead, stay compliant, and stay confident. The Call Report isn’t just a form – it’s a critical tool that reflects your institution’s financial health, operational strength, and regulatory compliance.
But with constant updates, evolving standards, and a shifting financial landscape, preparing an accurate Call Report has never been more challenging – or more essential. This is your opportunity to level up. This isn’t just another webinar; it’s your roadmap to mastering Call Report preparation in today’s dynamic environment.
What You’ll Learn
- Stay Ahead of the Game: Be the first to understand new, proposed, and revised changes directly affecting Call Reports
- Simplify Complexity: Gain practical guidance on everything from line-item reporting to nuanced regulatory requirements
- Tailored to All Levels: New to Call Reports? No problem. Experienced preparer? You’ll get advanced strategies
Key Topics Include:
- The latest ASU updates and their impact on your reporting
- ASU 2022-01: Layering Method for Derivatives
- ASU 2022-03: Fair Value Measures for Equity Securities with Restrictions
- Staff Accounting Bulletin No. 121: Crypto-Asset Safeguarding Obligations
- Unpacking guidance for reporting estimated uninsured deposits (FIL 54-2023 and FIL 37-2023)
- Insights into properly coding loans and reporting overdrafts
- Advantages of opting into the CBLR framework for simpler compliance
- We’ll also break down general preparation instructions and regulatory changes, giving you the full picture of what’s required and what’s coming next
- We’ll guide you through the Call Report’s most essential schedules, focusing on areas that matter most for compliance and accuracy
Anchor Schedules:
- RC: Report of Condition
- RI: Report of Income
Report of Income Schedules:
- RI-A: Changes in Equity Capital
- RI-B: Charge-Offs and Recoveries
- RI-C: Allowance for Credit Losses
- RI-E: Explanations
- Report of Condition Schedules:
- RC-A: Cash and Due from Banks
- RC-B: Securities
- RC-C: Loans
- RC-E: Deposits
- RC-F: Other Assets
- RC-G: Other Liabilities
- RC-L: Unused Commitments & Off-Balance Sheet Items
- RC-M: Memoranda
- RC-N: Past Due, Nonaccruals & Modified Loans
- RC-O: Insurance Assessments
- RC-P: Mortgage Banking Activities
- RC-Q: Reporting Fair Value Assets and Liabilities
- RC-R Part I & II: Capital Ratios, Risk Weighting Assets & Unfunded Commitments
- RC-S: Servicing, Securitization, and Sales
- SU: Form 051 items with discussions of corresponding Form 041 items
Who Should Attend
If you touch the Call Report in any capacity, this training is for you:
- Preparer, Reviewer, or Signer: Perfect for all experience levels
- Loan Officers and Assistants: Gain a deeper understanding of proper loan coding and reporting
- Call Report Teams: Stay updated on critical changes to ensure your team is aligned and compliant. Regulators recommend annual training – this is your chance to check that box and gain practical tools you’ll use every quarter