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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

General

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

Management

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

Sports