RC-R Reporting Requirements - 2 Part Series

Schedule RC-R is the longest schedule within the Call Report and the subject of many questions regarding reporting requirements. This 2-part series will focus on the critical reporting requirements for Part I and Part II.

September 6, 2023
September 7, 2023
2 Presenters
2h total length
4 CPE Credits
$509.00 or 2 Tokens

Includes: 30 Days OnDemand Playback, Presenter Materials and Handouts

  • Accounting/Reporting
  • Auditing
  • Reporting
  • Branch Manager
  • Controller/Accountant
  • Internal Auditor
  • Risk Manager
  • Senior Management

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Each webinar in this series is 2 hours in length. Please see below for details on the specific events.

Included Webinars

  • Schedule RC-R Part I
  • Schedule RC-R Part II

Series Details

Schedule RC-R Part I

Schedule RC-R is the longest schedule within the Call Report and the subject of many questions regarding reporting requirements. This 2-part series will focus on the critical reporting requirements for Part I and Part II.

  • The concepts and definitions for leverage and risk-based capital ratios.
  • Required elections related to the treatment of Accumulated Other Comprehensive Income.
  • Required elections for CECL banks related to phasing in the negative impact to capital from the day-one transitional accounting entry.
  • Examples of how electing to transition your CECL day-one impact will affect reporting to Retained Earnings, Deferred Taxes, Average Assets, and the Allowance for Credit Losses in RC-R Part I and II.
  • How a qualifying community banking organization opts into (and out of) the Community Bank Leverage Ratio (CBLR) framework.
  • The adjustments to common equity tier 1 related to goodwill, intangibles, NOL assets, deferred tax assets, deferred tax liabilities, and investments in the equity of unconsolidated subsidiaries.
  • Tier 2 capital items and total capital calculations.
  • For 051 filers, a discussion of how to determine your risk-weighted assets for the March and September reporting time frames.
  • The capital conservation buffer and reporting requirements for eligible retained earnings.

Schedule RC-R Part II

Schedule RC-R is the longest schedule within the Call Report and the subject of many questions regarding reporting requirements. This 2-part series will focus on the critical reporting requirements for Part I and Part II.

  • The general allocation of risk to balance-sheet assets and off-balance-sheet credit exposures.
  • The 4 risk buckets applicable to a bank’s loan portfolio.
  • How to allocate risk to off-balance-sheet credit exposures and the concept of credit conversion factors.
  • The treatment of sales of 1-4 family residential mortgage loans with credit-enhancing representations and warranties.
  • The reporting requirements for Columns A and B of RC-R Part II to include CECL purchase credit deteriorated (PCD) identification and reporting.
  • The treatment of amounts that were deducted from capital in RC-R Part I.
  • The regulatory capital rules definition of unconditionally cancelable and how that impacts the reporting and credit converting off-balance-sheet credit exposures.
  • How to report certain accounting requirements under CECL for assets with purchase credit deteriorated amounts in Memo item 4.

What You'll Learn

Each webinar in the series will cover specific topics relative to the subject matter.

Who Should Attend

Anyone responsible for preparing or reviewing the Call Report risk-based capital schedules. This two-part series will benefit even experienced Call Report preparers, reviewers, and auditors. This training can be used to supplement annual comprehensive Call Report training as recommended by the regulators.

Field of Study:Auditing

Skill level:Basic

Prerequisites:Some basic familiarity with the bank's Call Report.

Advanced Preparation:None

Cynthia Dopjera

Instructor Bio

Ms. Dopjera, a Certified Public Accountant, has 40 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, including 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.

Andrea Lambert

Instructor Bio

Andrea Lambert is currently lending her skills as a trainer and consultant as a member of the 3PR staff. Andrea has over 20 years of banking experience with a broad range of financial and operational skills. She began her banking career as a part-time teller and bookkeeper as she completed her B.S. in Finance from Illinois State University. In 2005, she started a seven-year career with the Office of the Comptroller of the Currency as an associate national bank examiner, becoming familiar with rules and regulations, best practices, and success strategies as they relate to the call report process and the banking industry as a whole. In 2012, Andrea filled the cashier position at a local community bank. During the ten years she worked there, she was responsible for ensuring the accuracy of various operational components of the bank, with a focus on call report preparation.

Continuing Education Credit Information

RC-R Reporting Requirements - 2 Part Series has been approved for 4 CPE credits. Credits are redeemable for Live attendance only.

OnCourse Learning is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

Students can contact OnCourse Learning via email at support@oncourselearning.com to lodge complaints or issues.