- Format:Webinar
- Education Type:BCU Webinars
- Line of Authority:N/A
- Language:N/A
- Credit Hours:N/A
Regulatory agencies (FDIC, Federal Reserve, and OCC) use Call Report data for ongoing supervision, risk assessment, and financial analysis. This data is a primary source for evaluating an institution's financial condition, performance, and risk profile. Even though regulatory exam frequencies seem to be lessening, the emphasis on robust regulatory reporting is increased.
Especially when examiners have less time in the Bank, we expect them to focus more on the financial institution’s own risk management process around accurate reporting. Lack of accuracy casts a shadow over management and CAMELs ratings. The examination and review of a bank often results in comments regarding the Call Report. Lately, examiner scrutiny is focused on accurate regulatory reporting as it is impacted by granular schedule items such as loan classification, allowances, liquidity reporting and other re-classifications that trickle down to the Call Report.
What You'll Learn
WEBINAR TOPICS WILL INCLUDE:
Examples of Exam Findings:
- Designation and training of reporting personnel
- Accuracy of Books and Records
- Credit Risk Management including identification of non-accrual loans
- Concentration of Credit Monitoring based on loan codes
- Appropriate and adequate Allowance for Credit Losses
- Requirement for independent Third-Party Review
- Intangible Assets
A Summary of Call Report Best Practices including:
- Materiality for amended Call Reports
- Call Report Workpapers
- Documenting amended Call Reports
- Books and Records Program or Call Report Policies and Procedures
- Sustainable reporting throughout the Bank
- Training
