Mar 3, 2020
The Call Report is constantly changing, producing confusion and many questions. Extensive changes took place over the course of the past few years and there are more on the horizon. This seminar will provide updates and training for experienced preparers and reviewers and will include complete coverage of new and complex issues impacting the
Call Report preparation. New, proposed, and revised changes will be presented in summary form at the beginning of the seminar followed by a more detailed discussion over the course of the seminar.
Participants will receive a working-copy manual that will be referred to throughout the seminar. Ms. Dopjera will be available to answer future Call Report questions by email. All questions should be routed to firstname.lastname@example.org. Annual training is highly recommended by regulators. Participants may want to bring their Bank’s most recent Call Report for resolution of questions during the session. The FFIEC 041 & 051 forms will be used in the presentation and materials. The seminar will end with a discussion of commonly cited errors made in Call Report preparation. Schedules included in the presentation are the FFIEC 041 & 051 forms.
8:00 a.m. Registration & Continental Breakfast
8:30 a.m. Program Begins
12:00 Noon Lunch (included)
12:30 p.m. Program Resumes
4:00 p.m. Program Adjourns
Recently Proposed and Approved Revisions:
• Increase in small bank asset size eligibility for filing on the FFIEC 051 form from $1 billion to $5 billion – effective September 30, 2019.
• Semi-annual reporting for several more line items on the FFIEC 051 form, primarily RC-R Part II lines 1-25, risk weighting of on-balance sheet and off-balance sheet assets – effective September 30, 2019.
• Banks with assets over $1 billion that file on the FFIEC 051 form will still have to provide information on consumer deposit accounts and the related service charges, disaggregated data on the allowance for credit losses, and
uninsured deposits in certain quarters – effective September 30, 2019.
• Option to calculate a simple leverage ratio, rather than multiple measures ofcapital adequacy for banks that meet certain criteria.
• Update to brokered deposit definition to exclude certain reciprocal deposits– effective March 31, 2019.
• In September of 2017, the agencies issued proposed simplifications to them risk based capital rules. The changes will be effective April 1, 2020 (with early adoption available and reportable in the March 31, 2020 Call Report)
and simplify the threshold deduction treatment for mortgage servicing assets, deferred taxes arising from temporary differences that cannot be realized through carrybacks, and investments in the capital of unconsolidated financial institutions.
June 2018 Revision
• New information on the HVCRE definition as well as reporting of reciprocal deposits
March 2018 Revisions
• maintaining phase in percentage deduction and risk weighting on certain
RCR items until 4/1/20
Ms. Dopjera, a Certified Public Accountant, has 38 years of experience focused on accounting and regulatory reporting for financial institutions. During the first 18 years of her career, Ms. Dopjera held various positions with responsibility across all operational areas, to include accounting, internal audit, Call Report preparation and review while working for community as well as regional banks.
In 2000, Ms. Dopjera joined the public accounting firm of Harper & Pearson Company, P.C., where she served as Practice Leader for the Firm’s financial institutions practice covering community and regional institutions. The Firm’s services included financial statement audit, accounting, tax preparation and filing, internal control audit, Call Report audit, loan and asset quality review, and design and implementation of internal controls over financial reporting frameworks for institutions regulated under FDICIA and Sarbanes-Oxley. In 2018, Ms. Dopjera retired from Harper & Pearson Company, and currently provides accounting, consulting, and
training services to financial institutions.
THE SEMINAR WILL COVER
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.
Participants receive a 300+ page manual, which will include materials covered during the seminar as well as additional information on other call report schedules.
What To Bring?
Please bring a copy of your general ledger and your latest call report. Bankers find it useful to review classifications during the class as the line items are discussed.
The following fees include the program, materials, lunch and refreshments:
$225 IBA Member
$155 IBA Each Additional Member
Participation in IBA programs is limited to members, associate members, and nonmembers from an eligible membership category at applicable member or non-member rates. 100% Surcharge for Non-Members will be applied.
This seminar will be held at the IBA Center for Professional Development, 8425 Woodfield Crossing Blvd. Suite 155E, Indianapolis, IN 46240. Directions, map & list of hotels are available at www.indianabankers.org or by calling 317-387-9380.
Call Report preparation requires knowledge of bank accounting, bank regulations, and virtually all bank operations. Banks should train a preparer and reviewer. Anyone responsible for preparing, auditing, or signing the Call Report will find the program valuable. The seminar is designed for more experienced preparers and reviewers interested in new reporting requirements. 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 require ongoing training in order to stay current on matters impacting financial reporting.
Participants receive a working manual, which will include materials covered during the seminar as well as additional information on other Call Report schedules.
For more information please contact Marcy Borden via e-mail at email@example.com or call 317-387-9380.
Within three or more business days prior to the day of an educational program, no cancellation charge will be assessed. Within two days prior, 50% of the fee is assessed. Refunds are not provided for cancellations 1 day prior or absences on the day of the program. Substitutions are welcome at any time.