The schedules featured in the Call Report are repositories of detailed information corresponding to line items reported in Schedule RC - Balance Sheet and Schedule RI - Income Statement. If the information reported in these pivotal schedules (RC and RI) is inaccurate, the potential for errors throughout the entire Call Report increases significantly.

In this webinar, participants will develop a deep understanding of the reporting requirements for these fundamental schedules. This training can be used to supplement annual comprehensive Call Report training that is highly recommended by Regulatory authorities.What You'll Learn:Schedule RC:

• When to reclassify negative account balances
  
• How to report cash items in the process of collection
  
• Distinguishing between equity securities reportable in item 2.c and those reportable in other assets item 11
  
• Reporting unposted loans and deposits
  
• Reporting requirements for loans held for sale and loans held for investment
  
• What to include and exclude from premises and equipment
  
• Reporting OREO and changes in value of the properties held in OREO
  
• Intangibles and measuring for impairment
  
• Reporting investments in unconsolidated subsidiaries
  
• Reporting deferred tax components as other assets and other liabilities
  
• What types of liabilities are included in total deposits
  
• Secured borrowings to include participations sold that fail to meet the accounting requirements established under ASC Topic No. 860
  
• Understanding various equity transactions and other equity components to include Other Comprehensive Income

Schedule RI:

• Reporting loan income by type code and what to include and exclude
  
• Reporting interest and dividend income on debt and equity securities to include the proper amortization of premiums on callable debt securities
  
• What to include in the Allowance for Credit Losses
  
• Reporting gains and losses on sales of investments, loans and other assets
  
• What fees should be reported as service charges on deposit accounts
  
• Major categories of non-interest expense items and what to include in each category
  
• How to allocate other noninterest income and expense items for further reporting in Schedule RI-E
  
• Reporting income tax expense under the accrual method of accounting