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acxell Blog
Our Subject Matter Experts Discuss Emerging Banking Issues

How Will the Modifications to the CBLR Framework Affect Your Bank?

5/5/2020

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Photo Credit: shuttertakan / shutterstock.com
Mike McIntyre, Manager

On April 6, 2020, the FDIC released FIL 35-2020, introducing changes to the Community Bank Leverage Ratio ("CBLR") in response to COVID-19. Starting in 2020, the CBLR will determine if a bank is considered well-capitalized by looking at the leverage ratio of the bank.  If your bank is considered well-capitalized, it will be subjected to less regulatory reporting requirements in Schedule RC-R of the Call Report.

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Reminder on Recent Changes to Marginal Tax Rates: Fourth Quarter 2017 Call Report Impact

1/29/2018

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 Jim Cole, Manager

The recent tax law changes,which became law on December 22, 2017, will have a significant impact on future tax payments. In particular, banks need to assess the impact of the lowered marginal rates and reduced ability to apply Net Operating Loss("NOL") carrybacks on their deferred tax balance sheet accounts(asset and liability). While the old rates still apply to current taxes (2017and prior years), the new rates apply to future payments, and therefore to deferred tax items on banks' balance sheets.  


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Controls over Employee and Officer T&E Expenses

8/16/2017

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Photo Credit: Galina Peshkova
Over the past year, we have seen the regulators more closely scrutinizing banks' expenditures as they relate to Officer's Travel and Entertainment ("T&E"). Depending upon the nature of the bank's business, asset size, and officer structure, controls in this area might vary greatly. However, one thing for sure is that we are moving towards the fact that institutions should have an adequate process in place to address their specific risks. While the following listing of controls and practices might not all pertain to you, as policies and procedures vary at each institution, it's a good starting point and may be helpful to your institution for preventing risk and ensuring that your staff is aware of key requirements.

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New Community Bank Call Report

3/17/2017

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Photo Credit: iodrakon
James Cole, Manager

The FFIEC is implementing a new Call Report (FFIEC 051) for small banks with total assets under $1 billion and without foreign branches. This definition includes most “community banks”. The new report is scheduled for implementation with call reports beginning with the March 31, 2017 reporting date.

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