Call Report for Banks - Recent Changes, Highlights, and Pitfalls

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 051 form is available which reduces the number of pages in the call report from 85 to 60 and eliminates 40% of the existing line items. The frequency of data collection is reduced for some of the schedules. Further burden reducing changes were proposed in June, 2017 for the March, 2018 Call Report. The new proposal includes consolidation and/or removal of several more line items and reductions in the frequency of reporting for about a dozen line items.

Other recent call report changes, including the CD deposit size threshold increase from $100,000 to $250,000 on RI, RC-E, and RC-K, will be covered as well along with new accounting rules on equity securities, leases, and other real estate.

The webinar will cover the latest revisions and recently approved changes to the call report, as well as updates due to revisions in accounting standards, other areas of concern, and common errors made during call report preparation.

Learn About:

2017 Approved Revisions and Proposed 2018 Revisions
  • Proposed burden reducing updates to the FFIEC 051 & 041 forms
  • Other recently approved changes, including the increase in the deposit size threshold used to report certain deposit information from $100,000 to $250,000 in RC-E, RI, and RC-K

Recent Accounting Updates (equities, leases, other real estate)

Common Errors Made in Call Report Preparation

Who Should Attend?

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

"Ann is great. I've had the audacity to challenge her on a couple of occasions and she was right every time." -- David DeFord, Homestead Savings Bank

"I have attended Call Report Prep trainings by Ann Thomas for the past 5 years - she has consistently provided great info and documentation." -- Paula Abbott, Mission Bank