Education & Events

Hybrid Delivery Options (select your preference when registering)

Thursday, February 23, 2023 – IBA Center for Banking Excellence, Springfield OR Live-Streamed via Zoom
Friday, February 24, 2023 – Lewis University, Oak Brook
9:00 a.m. - 4:00 p.m.

This seminar focuses on equipping community banks with the fundamental knowledge necessary for completing an accurate and efficient FFIEC Call Report.

Benefits

• Guides call report preparers through complicated instructions and provides clarity to common reporting challenges.
• Learn the purpose and use of each Call Report schedule.
• Explore strategies to leverage technology and current resources to build a strong preparation process and structure.
• Gain a deeper understanding of how the balance sheet schedules support and affect risk-weighted assets and regulatory capital calculations.
• Insights into current and upcoming revisions, accounting changes, how to get the most out of available technology tools, strategies for sharing preparation responsibilities, training a knowledgeable backup, and reporting challenges from changing regulatory rules. 

Agenda

Introduction

• Basics and Reminders

Review of Income Statement Schedules

• RI, Report of Income
• RI-A, Changes in Equity Capital
• RI-B, Charge-offs, and Recoveries on Loans and Leases
• RI-E, Explanations

Review of Balance Sheet Schedules

• RC, Balance Sheet
• RC-B, Securities
• RC-C, Loans and Leases
• RC-F, Other Assets
• RC-G, Other Liabilities
• RC-K, Quarterly Averages
• RC-L, Off-Balance Sheet Items
• RC-M, Memoranda
• RC-N, Past Due and Non-Accrual Assets

Review of Regulatory Capital Schedules

• RC-R Part I, Regulatory Capital Components
• RC-R Part II, Risk-Weighted Assets

Review of Other Schedules

• RC-E, Deposit Liabilities
• RC-O, Other Data for Deposit Insurance and FICO Assessments
• Schedule SU – Supplemental Information/Related Form 041 Schedules

Other Call Report Topics

• Impact of CECL on Call Reporting
• Data integrity and Call Report accuracy and efficiency.   
• Leveraging current technology and tools
• Succession planning and transferring knowledge
• Other current topics.

Objectives
At the conclusion of this seminar, participants should be able to:

• Understand the how and the why of Call Report schedules and reporting items.  
• Improve accuracy and efficiency in preparing your call report
• Recognize common Call Report preparation errors and how to reduce or eliminate  
• Understand the benefits and pitfalls of using technology to assist in completing the call report

Attendee Profile
Call report preparers and reviewers, including regulatory reporting specialists, staff accountants, controllers, internal auditors, CFOs, and financial analysts.

Continuing Education
American Bankers Association (ABA) Professional Certifications has approved this seminar for 7.25 CRCM credits.
Illinois Public Accounts will receive 6.00 CPE credit hours for attending this seminar.

Facilitator
Danielle Heidemann (CIA) is a Manager in the Financial Services/Operations Performance practice at Wipfli LLP. As a Certified Internal Auditor with extensive experience in the financial service industry, Danielle specializes in process reviews, “lean” process improvements, and risk-based internal audits. She provides Call Report preparation assistance, reviews, and other consulting services to assist community banks with improving internal controls, efficiency, and profitability. 

Per Person Fee
IBA Member    $265
Nonmember    $445