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Bank Holding Company Reports (BHC) This one-day course provides an excellent overview of what is required to prepare the consolidated Bank Holding Company Report (Form FR Y-9C) and the Parent-Only Report (FR Y-9LP). It covers essential background information such as the entity concept; acquisitions in excess of or less than book value; applicability of GAAP consolidation rules; non controlling interests; shifts in reporting status, confidentiality; verifications and “sign-offs;” amended reports. The focus of the course is the consolidated balance sheet and the income statement and how they were “created” by combining Form FR Y-9LP and Form FFIEC 041(or 031). Attention is paid to the consolidation elimination entries and their purpose. In addition to the balance sheet and income statement coverage, the course focuses on issues related to: - Trust Preferred Securities - Schedule HC-R (Regulatory Capital) - All Other Balance Sheet Schedules
It’s a good summary course for bankers involved with the Bank Holding Company Reports.
Category: Banking – Call Report |
