Over the past few years, we’ve been on a continuous journey of adaptation, carefully addressing and implementing extensive alterations and updates to this crucial report. The financial landscape is not static, and regulatory authorities regularly introduce modifications to ensure accurate and transparent reporting.
As we look ahead, we acknowledge that the journey of change continues, and we must continue to be proactive and adaptive to those changes. Throughout this 2-day event, we will delve into new, proposed, and revised changes, with a focus on specific Call Report line items that are directly affected.
Call Report preparation is a multifaceted task that 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.
Attendees can expect comprehensive discussions on accounting guidance and regulatory changes. This program is tailored to equip you with the knowledge and expertise needed to navigate the evolving reporting landscape effectively. Staying well-informed is key to ensuring that your financial institution is fully compliant and prepared for the dynamic world of financial reporting.
This training program offers a versatile learning experience. It caters to both new preparers, providing fundamental training, and experienced preparers, offering in-depth coverage of advanced topics. The content structure ensures that everyone benefits.
Participants will receive handout materials to assist them in following the training agenda. While the primary focus will be on the FFIEC 041 and 051 forms, it’s important to note that if your institution files the FFIEC 031 report, the information presented will still be advantageous.
To make the most of this training, it is recommended that participants come prepared. Bringing a copy of their recent Call Report or printing out a blank copy of the applicable FFIEC form for their institution can enhance the learning experience and facilitate a better understanding of the topics covered.
It’s also essential to communicate specific areas of concern in advance. This allows the seminar organizers to address these topics adequately and cater to the needs of the participants.
Call Report Preparation Streaming – Day 1
October 2, 2024 | 9:00 am – 4:00 pm CDT
What You’ll Learn
The following schedules will be covered, however, not all line items within each schedule will be discussed (subject to change):
Anchor schedules:
- Schedule RC – Report of Condition
- Schedule 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-F – Other Assets
- RC-G – Other Liabilities
Call Report Preparation Streaming – Day 2
October 3, 2024 | 9:00 am – 4:00 pm CDT
What You’ll Learn
The following schedules will be covered, however, not all line items within each schedule will be discussed (subject to change):
- RC-C – Loans
- RC-E – Deposits
- RC-K – Average Balances
- RC-L – Unused Commitments & Off-Balance Sheet Items
- RC-M – Memoranda
- RC-N – Past Due, Nonaccruals & TDRs
- RC-O – Insurance Assessments
- RC-P – Mortgage Banking Activities
- RC-Q – Reporting Fair Value Assets and Liabilities
- RC-R Part I – Capital Ratios and the CBLR
- RC-R Part II – Risk Weighting Assets (with a focus on the loan portfolio and unfunded commitments)
- RC-S – Servicing, Securitization, Sales
- SU – Report 051 items covered with discussion of Form 041 corresponding items
What You’ll Learn
- General preparation instructions
- Background on regulatory matters that impact the Call Report
- Changes in reporting status, regulatory rules, and general information about reporting requirements under U.S. GAAP
- Detailed discussion of regulatory changes impacting the current Call Report
- As new regulatory matters arise, they will be added to the agenda to provide participants with the most current training applicable
Who Should Attend
This program is valuable to anyone involved in preparing, reviewing, or signing a Call Report, whether they’re newcomers or seasoned professionals.