Ann Thomas
Ann Thomas has twenty-seven years of experience in bank accounting and control. She received a BA in Accounting from the University of Houston in 1982. From 1982 through 1997 she worked with Judith Alexander Jenkins, as Alexander & Associates and subsequently Alexander & Leavelle, providing planning, financial reporting, regulatory reporting, and operational and compliance auditing services to over ninety independent banks. In 1998, she organized Thomas Consulting. At Thomas Consulting she now prepares bank plans, monthly financial reports, performs regulatory compliance audits and training and internal control audits for several banks. Additionally, she prepares and reviews Call Reports for various banks. Ms. Thomas has taught numerous call report seminars for state banking associations. She has presented the Call Report Seminar to and has responded to questions from thousands of bankers in over 16 states. Her experience in working with a broad range of independent financial institutions is of unique value in understanding Call Report questions and in communicating with bankers in their language.
Wednesday, April 7th, 2010
10:00 am
-
12:00 pm CT
Loan information on the Call Report provides critical credit information for regulators, especially in today's environment. The rules for schedule RC-C dictate how loans are to be reported on all loan schedules, including the income statement, charge-off's and recoveries, averages, and past dues and nonaccruals. This webinar will help you learn the classification priority for reporting loan information correctly.
Several changes to the Call Report loan schedules have been approved for 2010. Beginning with the March, 2010 Call Report, additional information will be required on RC-C. New line items have been added to report reverse mortgages and there is also a new line item for loans to non-depository financial institutions. In addition, RC-C Part II, Loans to Small Businesses and Small Farms, will have to be completed on a quarterly basis instead of annually each June.
There have also been revisions approved for schedule RC-L. The definition of an unused commitment has been clarified to include commitments where the bank has extended terms and the borrower has accepted those terms, even though the related loan agreement has not been signed. More detail has also been added to the unused commitment line items.
The Webinar Will Cover the Following Call Report Schedules:
- RC-C, Loan Classification
- RC-C, Part II, Loans to Small Businesses and Small Farms
- RC-K, Loan Quarter to Date Averages
- RC-L, Unused Commitments, Letters of Credit, Derivatives
- RC-M, Loans to Insiders
- RC-N, Past Due and Nonaccrual Loans
- RC-R, Risk Weighting Loans
- RI, Loan Interest Income
- RI-B, Charge-Off's and Recoveries
Who Should Attend?
This review of the loan schedules will benefit anyone in the lending area, including loan officers, loan assistants, and any loan operations personnel responsible for coding loans. It will supplement annual comprehensive Call Report training recommended by bank regulators.
