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.
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.
If you are having issues with registering online, please contact CBAO's Education & Training Coordinator, Lianne Simeone, (614) 610-1877.