Education Seminar

2014 Call Report Preparation
Hyatt Regency Newport Beach

This comprehensive seminar will be a review of each schedule of the quarterly call report with emphasis on the extensive 2013-2014 revisions, accounting changes and regulatory guidance.

In January 2014, the regulatory agencies finalized several changes to the call report to provide additional data for safety and soundness or other public purposes. The effective date of the most of the changes will be March 2014.  Basel III has been approved and the regulatory changes to risk weightings and capital will affect the call report. Additionally, any subsequent changes proposed by the regulators affecting the 2014 call report will be covered in the session.

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.

Topics include:

  • 2014 call report changes
  • 2013 call report revisions
  • Operations balance sheet schedules
  • Risk based capital
  • Basel III changes
  • Procedures, general instructions, amendments
  • Lending schedules
  • Income statements

Program Objectives

  • Identify the changes to the call report requirements for 2014
  • Prepare required quarterly regulatory report  
  • Identify the common errors and pitfalls to avoid
  • Determine the RCC coding classification requirement … whether to consider borrower, purpose or collateral when coding a loan
  • Correctly report all loan information, income, charge-offs & recoveries, averages, past dues & nonaccruals
  • Correctly report on balance sheet and off balance sheet items for risk weighting on RCR
  • Correctly report assets used for the FDIC assessment calculation
  • Determine the correct classification of all noninterest income and noninterest expense accounts
  • Determine what to include and exclude from deposit totals
  • Determine what to include in the reporting of unfunded commitments
  • Learn how Basel III risk based capital changes will impact your bank

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. each day, with breakfast and registration beginning at 7:30 a.m. and lunch at noon. The session ends at 4:00 p.m. the first day and 3:30 p.m. the second day. The following topics 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 and other liabilities:  RC-F & G 
    Average balances:  RC-K  
    Memoranda:  RC-M     
    Insurance assessments:  RC-O 
    Assets and liabilities measured at fair value:  RC-Q

Income Statement Schedules
    Report of income:  RI               
    Changes in bank equity capital:  RI-A
    Explanations:  RI-E

Amendments, Procedures, General Instructions

DAY TWO
2014 Revisions, Basel III changes

Risk Based Capital: RC-R

Balance Sheet Schedules:  Lending
    Loan and lease reporting:  RC-C Part I           
    Loans to small business/farms: RC-C Part II       
    Average loans:  RC-K                    
    Off-balance sheet items:  RC-L                   
    Insider lending:  RC-M    
    Past due and nonaccrual loans:  RC-N        
    Mortgage banking:  RC-P                                        
    Servicing, securitization, sales:  RC-S
    Charge-offs and recoveries:  RI-B
    Disaggregated data ALLL: RI-C

The FFIEC 041 forms will be used in the presentation and materials.

Speaker

Ann Leavelle Thomas has almost 30 years of experience in bank accounting and control. She received a bachelor’s degree in accounting from the University of Houston in 1982. From 1982 through 1997 she worked with Judith Alexander Jenkins, at Alexander & Associates and subsequently Alexander & Leavelle, providing planning, financial reporting, regulatory reporting, and operational and compliance auditing services to over ninety independent banks.

In 1998, she organized Thomas Consulting.  At Thomas Consulting, she now prepares monthly financial reports, bank plans, performs regulatory compliance audits and training, and internal control audits for several banks.  Additionally, she prepares and reviews call reports for several banks. Thomas has taught numerous call report seminars for state banking associations. Her experience in working with a broad range of independent banks is of unique value in understanding call report questions and communicating with bankers.

Registration Fees

Early Bird Registration extended through Friday, February 28, 2014 
CBA Member: $795
Non-Member: $995

Regular Registration
CBA Member: $995
Non-Member: $1,195

Cancellation and Complaint Resolution Policy

Substitutions are allowed, at no additional cost. Written notice is required for all cancellations. The full registration fee will be refunded if the written request is received by Wednesday February 26, 2014, and 50 percent if by Wednesday, March 5. No refunds will be granted after March 5. Registrations made after March 5 are not subject to refund.

If you are not fully satisfied with this program, please contact John Lingvall, VP, director of education at (916) 438-4428.

Location Information

Hyatt Regency Newport Beach
1107 Jamboree Road
Newport Beach, CA 92660
(949) 729-1234

A room block has been arranged at the rate of $150/night. Please contact the hotel directly at (888) 421-1442 to arrange your room reservation and reference the California Bankers Association, or click: https://resweb.passkey.com/go/CALL14. Please make your reservations by February 25, 2014.

CBA will host daily self parking at the hotel. Guest room internet and overnight parking included in guest room rate.

Frequently Asked Questions

Q. Is there group pricing available?
A. Yes*. If you register three or more people from your bank you will receive a $50 discount on every registration, and for six or more a $100 discount on each (in addition to the early bird discount of $100, if your registrations are received prior to the cut-off date.)

*Please use fax registration for these discounts. 

Credit Information

Program Level: All Levels

Prerequisite: None

Advance Preparation: None

Method of Presentation: Group – Live (lecture, discussion and table exercises)

Recommended CPE Credits: 12.0 Hours Maximum
(Estimated 8.0 Accounting, 2.0 Auditing and 2.0 Specialized Knowledge and Applications)
Sponsored learning activities are measured by program length, with one 50-minute period equal to one CPE credit. One-half CPE credit increments (equal to 25 minutes) are permitted after the first credit has been earned in a given learning activity. Please note that not all state boards have adopted this rule. Some participants may not be able to use one-half credit increments.

Commands