2018 Call Report Review & Update Topeka
Capitol Plaza Hotel
1717 SW Topeka Blvd
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Who Should Attend
Banks should train a preparer and a reviewer. Anyone responsible for preparing, auditing, or signing the call report will find this program valuable. Annual training is highly recommended by bank regulators. Recommended for 6.5 hours CPE Credit.
Ann Thomas has 30 years of experience in bank accounting and control. For 15 years she worked with Alexander & Leavelle, providing planning, financial reporting, regulatory reporting, and operational and compliance auditing services to over 90 independent banks. In 1998, she organized Thomas Consulting.
In 2017, the Agencies approved a new 051 form for domestic banks with less than $1 billion in assets which reduces the number of pages in the call report from 85 to 60, eliminating 40% of the existing line items. The frequency of data collection was also reduced for some of the schedules. Further burden reducing changes were proposed in June, 2017 for the March, 2018 Call Report and in November, 2017 for the June, 2018 Call Report, for both FFIEC 051 and 041 filers. 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. The proposed revisions also include instructional changes to the reporting of past due loans as well as changes in the phase-in percentage deduction and risk weighting of certain items.
In September, 2017, the agencies issued proposed simplifications to the risk-based capital rules. The rules proposed replace the complex definition of high volatility commercial real estate exposure with a more straightforward definition, simplify the threshold deduction treatment for mortgage servicing assets, deferred taxes arising from temporary differences that can’t be realized through carrybacks, and investments in the capital of unconsolidated financial institutions.
KBA Members: $2105
Add $25 if registering after February 16, 2018