The Call Report is constantly in a state of change. We worked through the extensive changes that took place over the course of the past few years.

As we approach the final reporting quarter for 2023, questions are raised over what the reporting impact will be from the FASB revisions to accounting and reporting of TDRs and the elimination of our current terminology related to modified loans.

In addition, were you comfortable with the reporting impact within your Call Report related to the adoption of CECL? Do you understand the impact of reporting Purchase Credit Deteriorated (PCD) loans and securities in the Report of Condition as well as other schedules that require specific accounting for all PCD assets?

Participants will receive handout materials to include a PDF version of the presentation and additional documentation required to support the topics covered in the webinar. You will also receive 30 days of on-demand playback. The FFIEC 041 and 051 reports will be referenced in the presentation and materials, however, if you file the FFIEC 031 report, the information covered will also benefit your bank.

Call Report Preparation All Day Streaming - Day 1
October 12, 2023, 10:00 am EDT

The following schedules will be covered, however, not all line items within each schedule will be discussed (subject to change):

• Schedule RC -
• Report of Condition
  
• Schedule RI - Report of Income
  
• Report of Income schedules:
  
• RI-A - Changes in Equity Capital
  
• RI-B - Charge-Offs and Recoveries
  
• RI-C - Allowance for Credit Losses
  
• RI-E - Explanations
  
• Report of Condition schedules:
  
• RC-A - Cash and Due From Banks
  
• RC-B - Securities
  
• RC-F - Other Assets
  
• RC-G - Other Liabilities

Call Report Preparation All Day Streaming - Day 2
October 13, 2023, 10:00 am EDT

The following schedules will be covered, however, not all line items within each schedule will be discussed (subject to change):

• RC-C - Loans
  
• RC-E - Deposits
  
• RC-K - Average Balances
  
• RC-L - Unused Commitments & Off-Balance Sheet Items
  
• RC-M - Memoranda
  
• RC-N - Past Due, Nonaccruals & TDRs
  
• RC-O - Insurance Assessments
  
• RC-P - Mortgage Banking Activities
  
• RC-Q - Reporting Fair Value Assets and Liabilities
  
• RC-R Part I - Capital Ratios and the CBLR
  
• RC-R Part II - Risk Weighting Assets (with a focus on the loan portfolio and unfunded commitments)
  
• RC-S - Servicing, Securitization, Sales
  
• SU - Report 051 items covered with discussion of Form 041 corresponding items

What You'll Learn:This 2-day live streaming training will cover general preparation instructions, background on regulatory matters that impact the Call Report, changes in reporting status, regulatory rules, and general information about reporting requirements under U.S. GAAP.

A summary of the reporting impact and the implementation timelines for new Accounting Standards Updates (ASU) related to the following will be discussed:

• Reference Rate Reform and ASC Topic No 848 o Recap on Credit Loss Accounting (CECL) under ASU 2016-13 (ASC Topic No 326) to include regulatory reporting matters and common questions that arose during implementation.
  
• Reporting Modified Loans under ASU 2022-02 and ASC Topic No 326.
  
• ASU 2022-01 Layering Method - Derivatives o ASU 2022-03 Fair value measures for equity securities with contractual restrictions
  
• Staff Accounting Bulletin No 121 on Crypto-Asset safeguarding obligations

There are several data points that will be removed from the September Call Report based upon the FDIC's review. A discussion of these regulatory changes and other changes impacting the current Call Report will be covered in detail. As new regulatory matters arise, they will be added to the agenda in order to provide participants with the most current training applicable for year-end 2023 reporting and the first quarter of 2024.