This 2 part webinar is designed for Call Report preparers, reviewers, or auditors that focus on the many loan-related schedules included within the Call Report.
The Call Report for 2023 is impacted by new and recent reporting requirements related to the FASB’s Accounting Standard Update (ASU) 2022-02 with impact to Accounting Standard Codification (ASC) Topic No 326 related to the elimination of Troubled Debt Restructuring recognition and measurement.
In addition, the adoption of CECL under ASU 2016-13 is also impactful to regulatory reporting for loans within your Call Report.
The FFIEC 041 and 051 forms will be the discussion focus of the presentation. Participants are encouraged to bring a copy of a recently filed Call Report for reference.
Topics
Reporting Loan Activities and Loan Schedules in the Call Report - Part 1
February 7, 2023, 10:00 am CST
Loan classifications by Call Code
Risk weighting loans and how to allocate loans into the proper RC-R Part II reporting bucket
Reporting unused commitments, reserves on unused commitments, and risk weighting off-balance sheet exposures
Understanding the term “unconditionally cancellable” when reporting unused commitments
Insider loan reporting and what to be aware of in order to properly report
Troubled debt restructurings from an accounting and regulatory perspective under FASB Accounting Standard Update (ASU) 2022-02
Reporting PPP loans and any associated borrowings
Identification of HVCRE loans
Reporting charge-offs and recoveries and the additional RI-B reporting for CECL banks
Reporting the allowance for credit losses in Schedule RI-C under CECL accounting
Classification of HELOCs and reporting changes to open-end and closed-end lines of credit secured by 1-4 family residential properties that became effective for reporting in 2021
RC on how to report your loan portfolio
RC-C on loan classifications and type codes
RC-C memoranda on restructured loans and FASB ASU 2022-02
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 TDR
RI on how to properly report loan income
RI-B on charge-offs, recoveries, and changes in the ACL under CECL accounting
RI-C reporting the ACL under CECL accounting
RI-E focused on reporting adjustments to the ACL under CECL accounting
RC-R Part I on unfunded commitments for CBLR and RC-R Part II related to risk weighting the loan portfolio and unfunded commitments
Reporting Loan Activities and Loan Schedules in the Call Report - Part 2
February 9, 2023, 10:00 am CST
Loan classifications by Call Code
Risk weighting loans and how to allocate loans into the proper RC-R Part II reporting bucket
Reporting unused commitments, reserves on unused commitments, and risk weighting off-balance sheet exposures
Understanding the term “unconditionally cancellable” when reporting unused commitments
Insider loan reporting and what to be aware of in order to properly report
Troubled debt restructurings from an accounting and regulatory perspective under FASB Accounting Standard Update (ASU) 2022-02
Reporting PPP loans and any associated borrowings
Identification of HVCRE loans
Reporting charge-offs and recoveries and the additional RI-B reporting for CECL banks
Reporting the allowance for credit losses in Schedule RI-C under CECL accounting
Classification of HELOCs and reporting changes to open-end and closed-end lines of credit secured by 1-4 family residential properties that became effective for reporting in 2021
RC on how to report your loan portfolio
RC-C on loan classifications and type codes
RC-C memoranda on restructured loans and FASB ASU 2022-02
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 TDR
RI on how to properly report loan income
RI-B on charge-offs, recoveries, and changes in the ACL under CECL accounting
RI-C reporting the ACL under CECL accounting
RI-E focused on reporting adjustments to the ACL under CECL accounting
RC-R Part I on unfunded commitments for CBLR and RC-R Part II related to risk weighting the loan portfolio and unfunded commitments
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.