Learn the requirements of Call Reporting!
The regulators are continuing with their burden-reducing approach and announced more reductions in November 2018 to the FFIEC 051 forms. In June 2019, the regulators approved an increase in the small bank eligibility size for completing the call report on the FFIEC 051 form from $1 billion in assets size to $5 billion, as well as approving more line items to be completed only semi-annually. In a second proposal, the regulators are considering regulatory burden relief to qualifying community banking organizations by allowing an option to calculate a simple leverage ratio, rather than the multiple measures of capital adequacy required on RC-R. These important changes as well as many others will be covered in this timely session with Call Report expert Ann Thomas. New and experienced preparers and reviewers should be trained.
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