Call Report for Banks: Basel III & Other Recent Changes

Ann Thomas

Ann Thomas has over thirty years of experience in bank accounting and control. She received a BA in Accounting from the University of Houston in 1982. She worked with Judith Alexander Jenkins for 15 years, providing planning, financial reporting, regulatory reporting, and operational and compliance auditing services to over ninety independent banks.

In 1998, she organized Thomas Consulting. As Thomas Consulting, she has performed regulatory compliance audits and training, internal control audits, and prepares and reviews Call Reports for numerous banks. Ms. Thomas has taught call report seminars for state banking associations since 1999. She has presented the Call Report Seminars to and has responded to questions from thousands of bankers across the country. Her experience in working with a broad range of independent banks is of unique value in understanding Call Report questions and in communicating with bankers in their own language.

Basel III risk based capital changes will be effective for the first call report filing in 2015. There is also additional service charge detail required for larger banks in 2015. Recent accounting updates affect the 2015 Call Report as well.

The Basel III & Other Recent Changes webinar is designed for experienced preparers and reviewers. The webinar will include detailed line item review of the new RCR risk based capital schedule under Basel III, as well as other recent changes and updates due to revisions in accounting standards.

Covered Topics:

Basel III Risk Based Capital:

Line item review of the new RCR schedule
Revised definition to regulatory capital and a new common equity tier 1 minimum capital requirement; requires higher levels of regulatory capital
Limits a banking organization's capital distributions and certain discretionary bonus payments if the banking organization does not hold a specified amount of common equity tier 1 capital in addition to the amount necessary to meet its minimum risk-based capital requirements
Amends the methodologies for determining risk-weighted assets for all banking organizations
Final rule applies to all banking organizations currently subject to minimum capital requirements, including national banks, state member banks, state nonmember banks, state and Federal savings associations

March, 2015 Revision:

If offer at least one consumer deposit accounts and have assets more than $1 billion, will report a breakdown of service charges on deposits

Overdraft related service charges on consumer accounts
Monthly maintenance charges on consumer accounts
ATM fees on consumer accounts
All other service charges on deposit accounts

Recent Accounting Updates:

ASU 2014-02, Goodwill
ASU 2014-04, Residential Real Estate
ASU 2014-14, Derecognition of Government Guaranteed Mortgage Loans
Recent guidance on accounting for a subsequent restructuring of a Troubled Debt Restructuring

Who Should Attend?

This update will benefit the more experienced Call Report preparers, reviewers, and auditors. It will supplement annual comprehensive Call Report training recommended by bank regulators.

Covered Topics:

Who Should Attend?

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