In January, 2017, the Agencies approved additional revisions to the March, 2017 call report. For domestic banks with less than $1 billion in assets a new FFIEC 051 form has been approved which will reduce the number of pages in the call report from 85 to 60 and would eliminate 40% of the existing line items. The frequency of data collection is also being reduced for some of the schedules. More changes are expected with an anticipated implementation date of March, 2018.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.
Who Should Attend:
Anyone responsible for preparing, auditing, or signing the Call Report will find the program valuable. New and experienced preparers and reviewers should participate in annual training.
There is a workshop fee of $245 which includes program registration, instruction, materials, and lunch.
Thursday, March 9, 2017 8:30 AM - 4:00 PMCentral Time
Glacier Canyon Lodge at the Wilderness45 Hillman RoadWisconsin Dells, Wisconsin 53913
Cvent Online Event Registration Software | Copyright © 2000-2017 Cvent, Inc. All rights reserved.