2012 Call Report Preparation

Attachments

FAX REGISTRATION FORM

The Federal Financial Institutions Examination Council (FFIEC) has proposed additional revisions to the reporting requirements for the Consolidated Reports of Condition and Income (Call Report)!

This comprehensive seminar will be a review of each schedule of the quarterly call report with emphasis on the extensive 2011-2012 revisions, accounting changes and regulatory guidance. Proposed revisions (now out for review and comment) are to be added to the Call Report as of the June 30, 2012, to help the agencies better understand institutions' lending activities and credit risk exposures.

The seminar will provide basic training for new preparers and complete coverage of new and complex issues for experienced preparers.  There will be time allotted to address individual bank questions, and discuss new and more complex issues.  Participants are encouraged to bring their bank’s latest call report for resolution of questions during the session.

Participants will receive a detailed 200+ page manual that is an excellent reference resource. It will include a summary of general instructions and procedures for less experienced preparers and lists of source information needed for call report preparation.  The instructor will be available to answer future call report questions by email.

Highlights:

2012 Proposed Revisions, including:

• Reporting of loan origination activity,(new schedule RC-U),
• Reporting of the Allowance for Loan and Lease Losses by loan type and impairment method, (new schedule RI-C),
• RC-N reporting of past due and nonaccrual data for purchased credit impaired loans,
• New items on RC-P for representation and warranty reserves,
• RC-M and RC-R reporting additions applicable to saving associations,
• Goodwill impairment testing, (ASU 2011-08 effective 1-1-12), 
• Restructured loans, (ASU 2011-02 effective 1-1-12), and
• Changes and additions to Call Report instructions.

All 2011 Revisions, including:

• Auto loans,
• Construction loans following completion,
• Restructured loans on RC-C and RC-N, deposit listing services on RC-E,
• Life insurance assets on RC-F,
• Loss sharing agreements with the FDIC on RC-M and RC-N, and
• Additions to RC-O.

These revisions will be covered as part of the discussion of the schedules to which they relate.

Audience

Call Report Preparers:

• Call report preparation requires knowledge of call report instructions, bank accounting, bank regulation and virtually all bank operations.

 Loan Accounting Staff:

• The number, importance, and difficulty of the lending schedules make training of the loan accounting staff critical.

Call Report Reviewers and Auditors:

• A detailed review of the call report prior to transmission is essential to insure accuracy and completeness.

Agenda

The session will begin at 8:30 a.m. both days, ending at 4:00 p.m. the first day, and 3:30 p.m. the second day.  Breakfast and registration will be at 7:30 a.m. and lunch at noon both days.  The following will be covered over the two days:

Day One

• Balance Sheet Schedules: Operations
  • Report of Condition: RC
  • Cash and Due from Banks: RC-A
  • Securities: RC-B
  • Deposits: RC-E
  • Other Assets & Other Liabilities: RC-F & G
  • Average Balances: RC-K
  • Memoranda: RC-M
  • Insurance Assessments: RC-O
  • Assets & Liabilities at Fair Value: RC-Q
• Income Statement Schedules
  • Report of Income: RI
  • Changes in Bank Equity Capital: RI-A
  • Charge Off and Recoveries: RI-B
  • Explanations: RI-E
• Amendments
• Procedures
• General Instructions

Day Two

• 2012 Revisions
• Risk Based Capital: RC-R
• Balance Sheet Schedules: Lending
  • Loan & Lease Reporting: RC-C Part I
  • Loans to Small Business/Farm: RC-C Part II
  • Average Balances: RC-K
  • Off-Balance Sheet Items: RC-L
  • Insider Lending: RC-M
  • Past Due & Nonaccrual: RC-N
  • Mortgage Banking: RC-P
  • Servicing, Securitization, Sales: RC-S.

Speaker

Judith Alexander Jenkins has over thirty years of experience in bank accounting and control. She was the controller of a $300 million Houston bank for 10 years and subsequently formed her own consulting firm providing planning, accounting, and compliance services to independent banks. She currently prepares and reviews call reports for client banks. Jenkins has presented call report preparation seminars and webinars for national and state banking associations in thirty-seven states. She has taught and is an ongoing resource for thousands of bankers.

Jenkins received an MBA in finance from the University of Oklahoma. She is a graduate of the Southwestern Graduate School of Banking at Southern Methodist University. Her broad banking background is of unique value in understanding the questions that bankers have and in communicating with bankers in their language. Jenkins is a banker teaching bankers.

Registration Fees

Early Bird Registration (by February 28, 2012)
CBA Member Registration: $695
Non-Member: $895

Regular Registration
CBA Member: $795
Non-Member: $995

Location Information

Tuesday, March 27, 2012 — Wednesday, March 28, 2012
Hyatt Regency Newport Beach
1107 Jamboree Road
Newport Beach, CA 92660
(949) 729-1234

CBA has negotiated a special room rate of $139 a night! For room reservations, please call hotel reservations by February 27, 2012, at 888-421-1442, and refer to the California Bankers Association or click https://resweb.passkey.com/go/CBNK to make reservations online.

CBA will also host self parking and overnight parking if you stay at the hotel.