The spring 2023 financial crisis is still affecting bank regulator examinations (and ratings). Each of the regulatory Agencies either has already toughened their examination escalation procedures or is in the process of doing so. Management items requiring attention or formal actions are becoming more common as reactions occur within the bank’s customer base or portfolio due to prior economic turbulence. And whether it is to assess the financial institution’s Credit Risk Management, Allowance for Loan and Lease Losses, or the accuracy of its books and records to demonstrate safety and soundness, the examination and review of a bank often results in comments regarding the Call Report.
What You’ll Learn
- Examples of Exam Findings:
- Designation and training of reporting personnel
- Credit Risk Management including identification of non-accrual loans
- Appropriate and adequate Allowance for Credit Losses
- Requirement for independent Third-Party Review
- Unexplained Variances
- Intangible Assets
- Concentration of Credit Monitoring based on loan codes
- 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
- Archiving Tips
- Exam Response tracking
Who Should Attend
Join us for a 90-minute webinar designed to provide valuable insights into the interconnected nature of Call Reporting and the Report of Examination (ROE). This session will explore common findings from regulatory exams and discuss effective strategies for resolving these issues. Participants will gain practical tips on how to address exam comments efficiently and document the bank’s prompt responses. Whether you’re looking to enhance your understanding of the exam process or seeking guidance on compliance, this webinar will equip you with the knowledge needed to navigate these critical aspects of bank operations.