2024 Call Report Preparation (In-Person, Live Stream and Recording)
February 27, 2024
9:00am-4:00pm
Member Fees: $265 (In-Person); $365 (Live Stream); $530 (Recording); $100 Add On Recording Fee with In-Person or Live Stream Registration
Non-Member Fees: $465 (In-Person); $565 (Live Stream); $730 (Recording); $100 Add On Recording Fee with In-Person or Live Stream Registration
This one-day seminar focuses on equipping community banks with the fundamental knowledge necessary for completing an accurate and efficient Call Report. The presentation will guide call report preparers through the practical application of the complicated instructions and provide clarity to common reporting challenges. Participants will gain a deeper understanding of how the balance sheet schedules support and affect risk-weighted assets and regulatory capital calculations. Insights into current and upcoming revisions, accounting changes, how to get the most out of technology tools available, strategies for sharing preparation responsibilities training a knowledgeable backup, and reporting challenges arising from changing regulatory rules.
General Information Related to Call Report
• Call Reporting Basics
Review of Balance Sheet Schedules
• RC, Balance Sheet
• RC-B, Securities
• RC-C, Loans and Leases
• RC-F, Other Assets
• RC-G, Other Liabilities
• RC-K, Quarterly Averages
• RC-L, Off-Balance Sheet Items
• RC-M, Memoranda
• RC-N, Past Due and Non-Accrual Assets
Review of Regulatory Capital Schedules
• RC-R Part I, Regulatory Capital Components
• RC-R Part II, Risk-Weighted Assets
Review of Other Schedules
• RC-E, Deposit Liabilities
• RC-O, Other Data for Deposit Insurance and FICO Assessments
• Schedule SU – Supplemental Information/Related Form 041 Schedules
Review of Income Statement Schedules
• RI, Report of Income
• RI-A, Changes in Equity Capital
• RI-B, Charge-offs, and Recoveries on Loans and Leases
• RI-E, Explanations
Other Call Report Topics
• CECL impact on the Call Report
• Data integrity and workpapers
• Technology and automation of the Call Report
• Strategies for documenting and transferring knowledge and training a knowledgeable back up
Objectives
At the conclusion of this seminar, participants should be able to:
• Improve accuracy and efficiency preparing your call report
• Gain a deeper understanding of the regulatory capital frameworks and calculations.
• Recognize common call report preparation errors to avoid
• Understand the benefits and pitfalls of using technology to assist in completing the call report
Please Note: Bankers who attend this seminar do not need to attend the Call Report Preparation webinar on March 1. This class is designed for bankers with minimal call report experience. Call Report Update (Webinar) is designed for bankers with years of experience who are only interested in recent changes. The recent call report changes will be discussed in both programs. Please contact the LBA if you have any questions.
Call report preparers and reviewers including regulatory reporting specialists, staff accountants, controllers, internal auditors, CFOs, and financial analysts.
Danielle Heidemann Damon (CIA) is Manager, in the Financial Services/Strategic Advisory practice at Wipfli LLP. As a Certified Internal Auditor, with extensive experience working in the financial service industry, Danielle specializes in general financial institution consulting, risk-based process reviews and improvements, and accounting assistance. She provides Call Report preparation assistance and reviews, and other consulting services to assist community banks with improving internal controls, efficiency and profitability.