Current Matters and Top Questions Surrounding the 2024 Call Report

In the ever-evolving world of finance, the call report undergoes constant change. Over recent years, we’ve adapted to extensive transformations and faced the impact of economic, accounting, and regulatory shifts. As we begin 2024, it’s crucial to acknowledge the journey and prepare for what lies ahead.

This 2-hour webinar will provide participants with insights into regulatory and accounting changes affecting the financial landscape, as well as proposed changes set to take effect in 2024. To ensure participants are well-informed and up-to-date, any newly emerging regulatory matters will be incorporated into the agenda, making this training as relevant as possible for the March 31, 2024, reporting period. Participants will receive handout materials to include a PDF version of the presentation and additional documentation required to support the topics covered in the webinar.

What You’ll Learn

• A recap on Credit Loss Accounting (CECL) under ASU 2016-13 (ASC Topic No 326) to include regulatory reporting matters
• Reporting Modified Loans under ASU 2022-02 and ASC Topic No 326 upon CECL adoption
• A discussion on Fair Value measures for equity securities with contractual restrictions under ASU 2022-03
• A look at Layering Method-Derivatives under ASU 2022-01
• A summary of Staff Accounting Bulletin No 121 on Crypto-Asset Safeguarding Obligations
• Reporting estimated uninsured deposits under FIL 54-2023 and FIL 37-2023
• A look at FIL 53-2023 and the proposed revisions for the March 2024 reporting period
• A look at how multi-family loans can be assigned a 50% risk weight within Schedule RC-R Part II
• Reporting mortgage lending activities
• Deciphering when a loan should be a fixed interest rate versus a variable interest rate in Schedule RC-C Memo Item 2
• When and where to report dividends declared in Schedule RI-A
• Reporting charge-offs and recoveries in Schedule RI-B

Who Should Attend
This program provides significant value for a wide range of individuals involved in Call Report preparation, review, or approval, regardless of their level of experience. Whether you’re a newcomer or a seasoned professional, the updates and discussions on accounting and financial reporting issues are tailored to enhance your knowledge and skills. This webinar aims to benefit a diverse audience by addressing current and relevant topics in the field of financial reporting.

Instructor Bios
Cynthia 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.

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.