BankNewswatch

 Call Reporting on Loan Related Items
Two Part Series

February 17 and 18, 2021 1:30 pm - 3:30 pm CT  Live Streaming

A BankWebinars.com Program

Click Here to register for live program $485

Click Here to register for live program (includes recording) $715

This 2 part series will take place on February 17th and 18th at 1:30 PM CT.

The Call Report has been subject to many changes over the course of 2020 and continues to be impacted by economic, accounting and regulatory changes. Extensive changes took place over the course of the past few years and there are more on the horizon. Our recent challenges related to the economic crisis under COVID-19 have added to the reporting burden for loans with changes impacting all financial institutions that will continue into 2021.

This 2-part webinar will help you learn the classification priority for reporting loan information correctly and will provide detailed information related to:

  • Loan classifications by Call Code
  • Reporting unused commitments and reserves on unused commitments
  • Derivatives originating from mortgages held for sale
  • Insider loan reporting
  • Troubled debt restructurings
  • Regulatory reporting adjustments that continue into 2021 upon adoption of ASU 2016-13 Current and Expected Credit Losses (CECL)
  • Reporting purchase credit impaired loans vs credit deteriorated loans under ASU 2016-13

Discussion topics covered in detail include the continuation of regulatory changes impacting the March 31, 2021 Call Report resulting from the CARES Act and COVID-19 to include:

  • Reporting PPP loans and any associated borrowings
  • Troubled debt restructurings under section 4013 of the CARES Act
  • HVCRE definition revisions effect for the June 30, 2020 Call Report
  • Off-balance sheet exposures reportable for eligibility for the CBLR framework 
  • CECL reporting across applicable schedules.
  • Classification of HELOCs and reporting changes to open-end and closed-end lines of credit secured by 1-4 family residential properties that will be effect for reporting in 2021.

The FFIEC 041and 051 forms will be the discussion focus in the presentation. Participants are encouraged to bring a copy of a recently filed Call Report for reference.

Covered Topics:

  • RC-C on loan classifications and type codes
  • RC-C memoranda on restructured loans and Section 4013 loans
  • RC-K on reporting average balances of loans
  • RC-L on reporting unused commitments and letters of credit
  • RC-M related to reporting insider loans and reporting PPP loan information
  • RC-N with coverage on reporting past due loans, non-accrual Loans and TDRs
  • RI-B on charge-ffs, recoveries and changes in the ALLL or the ACL for CECL banks
  • RI-C reporting on the ALLL or the ACL for CECL banks
  • RI-E focused on reporting adjustments to the ALLL or the ACL for CECL banks
  • RC-R related risk weighting the loan portfolio

Faculty

Cynthia Dopjera

Ms. Dopjera, a Certified Public Accountant, has 38 years of experience focused on accounting and regulatory reporting for financial institutions. During the first 18 years of her career, Ms. Dopjera held various positions with responsibility across all operational areas, to include accounting, internal audit, Call Report preparation and review while working for community as well as regional banks.