Who Should Attend
Banks should train a preparer and a reviewer. Anyone responsible for preparing, auditing, or 5signing 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.
The regulators are continuing their burden-reducing approach and have proposed several changes for the 2019 Call Report.
2019 Proposed Revisions
- Proposal to increase the small bank eligibility size from $1 billion in assets to $5 billion fo reporting of the FFIEC 051 form.
- Proposal to make additional line items required semi-annually vs. quarterly, including the
RCR Pt II, lines 1-25, the detail reporting of both on and off-balance sheet risk weighting.
Total risk-weighted assets, however, will continue to be reported quarterly.
- Banks with assets of more than $1 billion will be required to report the consumer deposit detail information on balances and service charges in
- FFIEC 041 and 051 schedule changes will address the broader scope of financial assets for which an allowance for credit losses must be established Under a CECL proposed notice of rulemaking, a bank may elect to phase in the regulatory capital impact of adopting CECL over a three-year period.
- Changes to reporting of high volatility commercial real estate (HVCRE) exposures, as well as reciprocal deposits, were included in the June 2018
KBA Members: $225
610 SW Corporate View
P.O. Box 4407, Topeka, KS 66604
Phone: (785) 232-3444