CALL REPORT PREPARATION 2008
September 17-18, 2008: Airport Marriott - Orlando
Speaker:Judith Alexander Jenkins - Bank Training Services

This comprehensive seminar will be a review of each schedule of the quarterly Call Report with emphasis on the extensive 2008 revisions, accounting changes, and regulatory guidance. The changes this year have produced confusion and many questions. This is your chance to get the answers that you need. The seminar will provide training in basic issues needed by beginning preparers: procedures, sources of information, and general instructions. Discussion of more complex issues will benefit experienced preparers. The agenda will include self review of each bank’s Balance Sheet and Income Statement items obtainable from the General Ledger, a test of RC-C loan classifications, and preparation of RC-R, Risk Based Capital.

This will be a 2 day session with time to address individual bank questions, discuss new and more complex issues, and work with individual banks’ Call Reports to reinforce the material covered. Discussion of loan schedules and operations schedules will be grouped and more difficult issues will covered in the morning.

Day One
v Revisions effective 2008.
v Loan classification, including new breakdowns of 1-4 family construction, owner occupied nonfarm nonresidential, and additional reporting of interest and averages for loans secured by 1-4s.
v Quarterly additions to and sales of Nonaccrual Assets.
v Extensions of credit to insiders.
v Mortgage Lending: RC-L commitments to originate and to sell 1-4 family loans for resale reported as derivatives and RC-P Mortgage Loan Activity.
v Overdrafts: charge-offs and Overdraft Protection Plan commitments. v Other Real Estate accounting and reporting.

Day Two
v Risk Based Capital: Risk weights for all Assets and Off Balance Sheet Items.
v RC-O, Data for Deposit Insurance Assessments: 2008 Revisions, including FDIC audit of RC-O.
v Fair Value Reporting.
v General Instructions, Procedures, and Sources of Information.

The seminar web site, www.callreportpreparation.com, has more information on the 2006-2008 revisions, submission procedures, RC-C classification, and links to regulatory releases that affect the Call Report. Participants will receive a detailed 100+ page manual that is an excellent reference resource. And, Ms. Jenkins will be available to answer Call Report questions on an ongoing basis.

Day One
v 2008 Revisions
v Loan Schedules: RC-C Part I, RC-K, RC-N, RI 1a, RI-B
v Loan Classification Test
v Loan Schedules: RC-L, RC-M, RC-P, RC-S, RC-C Part II
v Other Real Estate

Day Two
v Risk Based Capital instruction and individual banks’ preparation or review of RC-R
v General Instructions, Procedures, and Sources of Information
v Operational Schedules: RC, RC-A, RC-B, RC-E, RC-F, RC-G, RC-K, RC-O, RC-Q, RC-T
v Review by participants of Operational schedules as reported in their banks’ 6-30-08 Call Report
v Income Statement: RI, RI-A, RI-E
v Review by participants of Income Statement schedules as reported in their banks’ 6-30-08 Call Report

Participants may want to bring the following materials:
v Call Report: 6-30-08
v General Ledger: detail showing all accounts as of 6-30-08
- Balance Sheet, Income Statement, Quarterly Balance Sheet
v Loan System Reports used in preparation of 6-30-08 Call Report
v Investment Security Reports used in preparation of 6-3-08 Call Report
v Report of deposit secured loans showing individual loans and collateral at 6-30-08

Who Should Attend
Call Report preparation requires knowledge of bank accounting, bank regulation, and virtually all bank operations. Banks should train a Call Report preparer and reviewer. A reviewer should spend at least 3 hours performing a detailed review of completed Call Report Schedules and supporting documentation. This seminar will provide basic training for new preparers and complete coverage of new and complex issues for experience preparers. Annual training is highly recommended by bank regulators.

Meet the Speaker
Judith Alexander Jenkins has thirty-eight years of experience in bank accounting and control. She was the controller of a $300 million Houston bank for ten years and subsequently formed her own consulting firm providing planning, accounting, and compliance services to independent banks. She currently prepares and reviews Call Reports for client banks. Ms. Jenkins has presented Call Report Preparation seminars for national and state banking associations in thirty-seven states. She has taught and has been an ongoing resource for thousands of bankers. Judith received an MBA in Finance from the University of Oklahoma. She is a graduate of the Southwestern Graduate School of Banking at Southern Methodist University. Her broad banking background is of unique value in understanding the questions that bankers have and in communicating with bankers in their language. Judith is a banker teaching bankers.

Seminar Schedule for Both Days
8:30 a.m. - Registration
9:00 a.m. - Meeting
4:00 p.m. - Adjournment