Education Seminar

2015 Call Report Preparation
Review each schedule of the quarterly call report with emphasis on the extensive 2014-2015 revisions, accounting changes and regulatory guidance with particular attention to the new RC-R schedules.

Sheraton Pasadena

Beginning in March, 2015 all banks, regardless of size, will have to complete a new RC-R schedule on risk based capital incorporating changes under the Basel III rule. All call report filers must permanently opt in or opt out of the inclusion of accumulated other comprehensive income in capital ratios with the first filing in 2015.  

There is new category of capital, Common Equity Tier One, and significantly more detail required in the new RCR schedule. Loans will be reported in four categories — Residential Mortgages, High Volatility Commercial Real Estate, Past Due 90+ Days and Nonaccrual, and all other loans. The seminar will review the new RCR schedule line by line including new capital line items as well as new risk weighting rules for both on and off balance sheet categories.

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:

  • 2015 call report changes
  • 2014 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 2015
  • 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 and recoveries, averages, past dues and 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: Operations
    Report of income:  RI               
    Changes in bank equity capital:  RI-A
    Explanations:  RI-E

Amendments, Procedures, General Instructions

DAY TWO
2014 Revisions, 2015 Changes

Basel III, Revisions to Capital & Risk Weightings

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

Income Sheet Schedules: Lending

Common Errors

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

Speakers

Ann Leavelle Thomas has nearly 30 years of experience in bank accounting and control. She previously worked 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 where 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.

Jim Fleshner, former bank executive has been cashier, CFO, & controller of various community banks up to about $550 million in asset size.  He also currently reviews call reports on a quarterly basis and is acutely aware of the obstacles and challenges preparers and reviewers face today.

Registration Fees

Early-Bird Registration through Friday, February 20, 2015 
CBA Member: $795
Non-Member: $995

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

Cancellation 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 Friday February 27, 2015, and 50 percent if by Friday March 6. No refunds will be granted after March 6. Registrations made on or after March 6 are not subject to refund.

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

Location Information

Thursday & Friday, March 19 – 20, 2015
Sheraton Pasadena
303 Cordova Street
Pasadena, CA 91101
(626) 449-4000

A room block has been arranged at the rate of $159/night. Please contact the hotel at (800) 457-7940 and reference CBA 2015, or click here to make your reservation online. Please make your reservations by February 13, 2015. 

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