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Call Report: An Update

The Call Report Preparation seminar will help preparers and reviewers understand the preparation process and eliminate errors. The seminar will begin with an overview of the March 2017 changes and other recent revisions, followed by a line by line review of RC-R, risk based capital. The classification priority for coding loans on RCC will also be covered. Loans are normally a bank’s largest asset category and the reporting rules for RCC are critical because they affect all loan schedules in the call report. Loans are reported based on borrower, purpose, or collateral, but there are specific rules that dictate when to use each of the classification factors. 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. March 2017 Revisions, Approved January 2017 • New FFIEC 051 form for domestic banks with less than $1 billion in assets • reduction in the number of pages in the call report from 85 to 60 and would eliminate 40% of the existing line items • change in the frequency of data collection for some schedules • more changes anticipated for March 2018
When
8/22/2017 8:30 AM - 3:30 PM
Where
Courtyard By Marriott Columbia, MO

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