Top Allowance for Loan and Lease Loss Webinars of 2016

Dec 7, 2016

What a year 2016 has been! FASB’s (long-debated and finally issued) current expected credit loss (CECL) model marked one of the most significant accounting changes in recent history, and it certainly gave those of us interested in risk mitigation for banks and credit unions plenty to talk about. Our roundup of top webinars this year reads like the syllabus of CECL 101, and these top ten sessions provide a solid foundation of knowledge about the ALLL under current and future GAAP standards. If you find yourself needing an introduction to the CECL guidance or a refresher on a particular aspect of this accounting change, look no further than our most popular webinars of 2016, all available to watch on demand now.

Ranked in order of highest attended:

CECL Workshop Series (Part II): ALLL Methodologies and Vintage Analysis Scenarios

Sageworks and partners at CliftonLarsonAllen put together a 3-part CECL Workshop Series. This installment discussed the importance of scenario building, choosing a methodology and a deep dive into vintage analysis CECL scenarios. This session was conducted before the standard was finalized.

CECL Workshop Series (Part I): Crafting Your Implementation Plan

This first session in our workshop series discussed ways institutions could create an implementation plan and provided example timelines, an outline of important data components, and a discussion of the pitfalls of repurposing historical loss calculations for CECL. Note, this session was released before timeframes and the final guidance were released.

The Final CECL Standard: The Final Model & What’s Next for Bankers

Sageworks’ Tim McPeak hosted a roundtable discussion with industry professionals who explore what the final standard means for your institution.

CECL Workshop Series (Part III): CECL Finalization & Methodologies

The final installment in our CECL Workshop Series, this session discussed revisions to the standard and provides key insights for institutions preparing for compliance.

The Real Price of Risk: Rating Risk, Pricing Loans and the ALLL

This webinar covered the basics of identifying risk, pricing it appropriately and reflecting it in the reserve. It includes an in-depth discussion of the benefits of a standard risk rating system, how to improve profitability of loan pricing models and how risk ratings affect the ALLL.

Scenario Analysis: Strategic Risk Management & CECL Preparation

Sageworks’ Director of Consulting Aaron Lenhart explains the importance of scenario analysis under current GAAP and how to incorporate exercises that will be an integral part of planning for CECL implementation.

CECL — Initial & Subsequent Measures of Loss

Neekis Hammond, senior risk management consultant at Sageworks, breaks down CECL standards and expectations for segmentation in the new methodology, life-of-loan measurements and forward-looking analyses. This session gives institutions the information needed to begin to build reasonable and supportable forecasts.

Forward-Looking ALLL: Computing Qualitative Adjustments

In this session, Brandon Russell and Garver Moore of Sageworks discussed advanced techniques in credit risk modeling under current and future GAAP.

Data Quality Considerations for CECL Measurement: State of the Market and Immediate Actions

This session featured Garver Moore, director of special research for Sageworks Advisory Service Group, and Danny Sharman, a Sageworks core integration project manager, discussing common data problems institutions face for the CECL transition. The session also provides an outline of immediate steps for institutions to take to ensure that information needed for CECL calculations is accessible and sound in time for implementation.

Understanding the ALLL Today before CECL

This webinar focuses on the current ALLL calculation and offers a comprehensive introduction for institution staff who are new to the allowance for loan and lease losses. The session provides an overview of challenges with the ALLL under current GAAP standards, a look at how to effectively use benchmarks in managing and documenting the ALLL, and a discussion of portfolio segmentation and the use of pooled impairment methodologies.


 

For more on CECL to take you into 2017, see our upcoming CECL Methodology Webinar Series.

 

Access FASB’s CECL Prep Kit, a comprehensive guide to industry resources to better prepare you for the CECL accounting change.