Call Report Boot Camp

Call Report Boot Camp

February 28 - March 1, 2017 | Orlando, FL

Call report preparation should train both a preparer and reviewer, and requires knowledge of bank accounting, bank regulations, and virtually all bank operations. Gain these necessary skills during our upcoming seminar, Call Report Boot Camp, the essential, “need to know” call report education that serves as both a valuable refresher for seasoned professionals, and a great primer for newcomers to the report. Providing a unique approach with both a business and accounting focus, this seminar is dedicated specifically for individuals at community institutions that are required to file the quarterly form FFIEC #041.

Industry expert, Ann Thomas, owner of Thomas Consulting, will provide an intensive analysis of all the information you need to accurately fulfill your reporting requirements, including all recently approved changes.  In January, 2017 the agencies approved a new FFIEC 051 form for domestic banks with less than $1 billion in assets.  The 051 forms will reduce the number of pages in the call report from 85 to 60 and would eliminate 40% of the existing line items.  The frequency of data collection is also being reduced for some of the schedules.  The thresholds used to report CD deposit information will increase from $100,000 to $250,000 beginning with the March, 2017 Call Report. 

You’ll leave with the following foundational concepts:

• How to accurately and efficiently prepare your institution’s call report
• How to properly comply with the extensive call report instructions
• How to better understand the call report within the context of your bank’s business practices and accounting policies and procedures
• How to implement approved and proposed changes


Day One

8:00 am
Registration and Continental Breakfast

8:30 am to 4:30 pm 

General Call Report Filing Information Call Report Procedures 

Amending the Call Report 

Review of Call Report Income Statement Schedules

• Income Statement (RI)
• Changes in Equity (RI-A)
• Charge-offs and Recoveries on Loans and Leases and Changes in Allowance for Credit Losses (RI-B)
• Disaggregated Data on the Allowance for Loan Losses (RI-C)
• Explanations (RI-E)

Review of Call Report Balance Sheet Schedules
• Balance Sheet (Schedule RC)
• Cash and Balances Due From Depository Institutions (RC-A)
• Securities (RC-B)
• Loans and Leases (RC-C)
• Trading Assets and Liabilities (RC-D)
• Deposit Liabilities (RC-E)

Day Two

8:00 am
Continental Breakfast

8:30 am to 4:00 pm

Review of Call Report Balance Sheet Schedules– Continued
• Other Assets (RC-F)
• Other Liabilities (RC-G)
• Quarterly Averages (RC-K)
• Off-Balance Sheet Items (RC-L)
• Memoranda (RC-M)
• Past Due and Non-Accrual Assets (RC-N) 
• Other Data for Deposit Insurance and FICO Assessments (RC-O)
• Mortgage Banking Activities (RC-P)
• Financial Assets and Liabilities Measured at Fair Value RC-Q)
• Regulatory Capital (Schedule RC-R) – including capital conservation buffer & Basel III discussions
• Bank Securitization and Asset Sales (RC-S)
• Fiduciary and Related Services (RC-T)
• Variable Interest Entities (RC-V)

Questions About Your Institution’s Call Report (Bring your latest filing)

Summary and Wrap-Up


Ann Thomas
Owner, Thomas Consulting, LLC

Ann Thomas, owns and operates Thomas Consulting, LLC, where she performs regulatory compliance audits and training, internal control audits, and prepares and reviews call reports for numerous banks. Ann has over 30 years of experience in bank accounting and control, including her work with fellow consultant, Judith Alexander Jenkins for 15 years providing planning, financial reporting, regulatory reporting, and operational and compliance auditing services to over 90 independent banks. Her experience in working with a broad range of independent banks is of unique value in understanding call report questions and communicating with bankers in their own language. She received a BA in Accounting from the University of Houston.


Loews Sapphire Falls Resort
6601 Adventure Way
Orlando, FL 32819 United States

Special FMS Room Rate: $179 Single/Double
Deadline for Rate: February 10, 2017
For Reservations Call: 866-360-7395

Identify yourself as an attendee of the Financial Managers Society program to receive the preferred rate. If you are making reservations through a travel agent, be sure to request that your reservation be placed in the FMS room block to guarantee the best rate.

Credit Hours

Earn up to 15 hours of CPE credit.
  • Level: Basic to Intermediate
  • Prerequisites: None
  • Advance preparation: None
  • Field of Study: Accounting
  • Instructional Method: Live-Group

For more information regarding administrative policies such as concerns or refunds, call 800-ASK-4FMS (800-275-4367). FMS is registered with the National Association of State Boards of Accountancy 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. Complaints regarding sponsors may be addressed to: The National Registry of CPE Sponsors, 150 Fourth Avenue, North, Suite 700, Nashville, TN 37219-2417 Web:


Member: $1,150
Non-member: $1,750

Refunds and Cancellations

A refund minus a $250 processing fee will be provided for cancellations received by FMS in writing four weeks prior to the program start date. No refunds will be given for cancellations received after that date. A substitution from your institution is welcome at any time. FMS reserves the right to change instructors or reschedule/cancel sessions when necessary. FMS is not responsible for airfare penalties incurred due to the cancellation of the program. For more information regarding refunds, concerns and/or program cancellation policies, please contact our offices at (312) 578-1300.

2/28/2017 - 3/1/2017
Loews Sapphire Falls Resort
6601 Adventure Way
Orlando, FL 32819 United States

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