Call Report preparation demands a deep understanding of bank accounting, regulatory requirements, and various banking operations. Regulatory authorities highly recommend annual training to stay abreast of evolving standards. It’s advisable for banks to designate individuals who are trained as both preparers and reviewers for this critical task.
In this series, participants will gain a comprehensive and detailed understanding of the specific requirements for preparing loan-related schedules in the Call Report. The primary focus will be on the FFIEC 041and 051 forms. The updates and discussions on accounting and financial reporting issues ensure that all participants can enhance their knowledge and skills.
Participants are encourage to bring a copy of a recently filed Call Report for reference, and to communicate specific areas of concern in advance to seminar organizers.
Call Report: Loan Activities and Loan Schedules – Part 1
February 21, 2024 | 10:00 am – 12:00 pm CST
Call Report: Loan Activities and Loan Schedules – Part 2
February 22, 2024 | 10:00 am – 12:00 pm CST
What You’ll Learn
- RC: How to report your loan portfolio
- RI: Properly reporting loan income
- RC-C: Loan classifications and type codes
- RC-C: Memoranda: Reporting restructured loans
- RC-K: Reporting average balances of loans
- RC-L: Reporting unused commitments and letters of credit
- RC-M: Reporting insider loans
- RC-N: Reporting past due loans, non-accrual loans and modified loans
- RI-B: Charge-offs, recoveries and changes in the ACL under CECL accounting
- RI-C: Reporting the ACL under CECL accounting
- RI-E: Reporting adjustments to the ACL under CECL accounting
- RC-R Part I: Unfunded commitments for CBLR
- RC-R Part II: Risk weighting the loan portfolio and unfunded commitments
Who Should Attend
This program offers value to anyone involved in preparing, reviewing, or signing a Call Report, whether they are newcomers or seasoned professionals.