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Call Reporting on Loan Related Items - Two Part Series

The Call Report is constantly changing, producing confusion and many questions. Extensive changes took place over the course of the past few years and months and there are more on the horizon.

OnDemand
Recorded Wednesday,
February 17th, 2021
Presented by Cynthia Dopjera
2h total length
5 CEU Credits
$509.00 or 2 Tokens

Includes: 30 Days OnDemand Playback, Presenter Materials and Handouts

  • Reporting
  • Controller/Accountant
  • Loan Operations Manager/Specialist
  • Senior Management

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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

Who should attend

This review of the loan schedules will benefit anyone responsible for loan accounting, lending operations to include loan officers, loan assistants, and any loan operations personnel responsible for coding loans or maintaining detailed documentation on the loan portfolio. This training will supplement annual comprehensive Call Report training recommended by bank regulators.


Cynthia Dopjera

Instructor Bio

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.

In 2000, Ms. Dopjera joined the public accounting firm of Harper & Pearson Company, P.C., where she served as Practice Leader for the Firm?s financial institutions practice covering community and regional institutions. The Firm?s services included financial statement audit, accounting, tax preparation and filing, internal control audit, Call Report audit, loan and asset quality review, and design and implementation of internal controls over financial reporting frameworks for institutions regulated under FDICIA and Sarbanes-Oxley. In 2018, Ms. Dopjera retired from Harper & Pearson Company, and currently provides accounting, consulting, and training services to financial institutions.


Credit Information

Recommended for 5 CEU Credit Hours. After attending this webinar, each attendee can receive a Certificate of Attendance for self-reporting of CEU Credits.