2025 Call Report Preparation (Virtual) 


February 20-21, 2025
Schedule: 9am-12pm (both days)


Member Fee: $265 (Virtual Seminar); $530 (Seminar Recording); $100 Add on Recording fee with Virtual Seminar Registration  
Non-Member Fee: $465 (Virtual Seminar); $730 (Seminar Recording); $100 Add on Recording fee with Virtual Seminar Registration   

Please note: Certificates will only be emailed to registered attendees following the program. We will verify attendance in Zoom. If you register for the recording, we will not be able to provide a certificate because we will not be able to track attendance.

Please Note: Bankers who attend this virtual training do not need to attend the half day Call Report Preparation seminar on March 7. The March 7 class is designed for bankers with years of call report 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.


This 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. 

Agenda
Day #1 (9:00 am to noon)
General Information Related to Call Report 
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

Day #2 (9:00 am to Noon)
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
• Troubled Debt Restructure and Loan Modification changes
• Changes in brokered deposit rules 
• Continued CECL impact on the Call Report 
• Data integrity and workpapers
• Strategies for documenting and transferring knowledge and training a knowledgeable back up 

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

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/Operations Performance practice at Wipfli LLP.  As a Certified Internal Auditor, with extensive experience working in the financial service industry, Danielle specializes in process reviews, “lean” process improvements, and risk based internal audits.  She provides Call Report preparation assistance and reviews, and other consulting services to assist community banks with improving internal controls, efficiency and profitability.