Tags » Alll

CECL Looms Large

AICPA Banking Conference

September 2015

Notes on CECL from the AICPA National Conference

The AICPA’s 2015 National Conference on Banks and Savings Institutions, held last week outside Washington, DC, in National Harbor, Md., focused on the coming FASB model for determining the allowance, the so-called CECL (Current Expected Credit Losses), which will require banks to base their ALLL calculations on future expectations. 955 more words


Preparing for CECL

Recommended Reading: “Preparing for CECL” by Adam Thomas and Walter McNairy of DHG Financial Services considers the key differences between the current incurred loss and proposed expected loss models for estimating the ALLL. 94 more words


Considerations for Determining the Allowance for Loan and Lease Losses

The Allowance for loan and lease losses (ALLL) has become a popular and controversial topic in banking, particularly since, following the financial crisis, hundreds of institutions suffered losses so great that they contributed to many bank failures. 169 more words

Credit Risk

Assessing the Impact of FASB Rule Changes to ALLL

FASB is proposing changes for how to account for credit losses known as the Current Expected Credit Loss (CECL), which some are relabeling the “Life of the Loan” approach.  308 more words


2014 Loan Loss Reserve Survey

The McGladrey 2014 Loan Loss Reserve Survey is an invaluable guide for community financial institutions nationally to evaluate their allowance for loan loss (ALL) reserves in context with peer institutions as well as to confirm the accuracy of the information upon which they base their accounting decisions. 186 more words


Billups Calls it a Career

Chauncey Billups, the 37 year old point guard, has decided to retire from the NBA after 17 seasons in the league. Billups was drafted 3rd overall by the Boston Celtics in the 1997 NBA Draft after finishing his career at the University of Colorado. 207 more words