More ALLL Coverage

How to Approach a Volatile Economy and Procyclicality During CECL

How to Approach a Volatile Economy and Procyclicality During CECL

Amidst concern over an economic slowdown, financial professionals have questioned how a recession could affect an institution’s reserves. Hal Schroeder, ...
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cecl methodology infographic

Here’s a Rundown of the CECL Methodologies Available to Financial Institutions

An important step in CECL implementation is selecting what methodology or methodologies the institution will use for estimating credit losses ...
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FASB Hosting CECL Workshops as Implementation Moves Ahead

FASB is hosting CECL workshops around the U.S. in coming months, reinforcing its commitment to the upcoming current expected credit ...
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spreadsheet-calculation

The Benefits of Connecting CECL, ALM, and Stress Testing

Managing risk is at the very core of the business of banking and a fundamental differentiator between financial institutions. In ...
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Insights from FASB’s Recent Q&A on CECL

On July 17th, 2019, the Financial Accounting Standards Board (FASB) agreed to formally propose extending the effective date of the ...
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ALLL-calculation

FASB ASU Extensions Now Open for Comments

The Financial Accounting Standards Board (FASB) on Thursday, August 15th has issued a proposed Accounting Standards Update (ASU) that provides ...
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Latest Resources

Coronavirus and CECL: Novel Threats and New Accounting

Coronavirus and CECL: Novel Threats and New Accounting

The difficulty of containing the spread of the novel coronavirus (and the resulting disease, COVID-19) is putting pressure not only on human health, but also on delicate global social and economic networks. In this whitepaper, you will also learn how it is impacting CECL and other accounting standards.
CECL Methodologies: Pros and Cons for Your Loan Pools

CECL Methodologies: Pros and Cons for Your Loan Pools

Given that the CECL model is non-prescriptive, banks and credit unions have flexibility in choosing the right CECL methodologies for their institution’s unique data situation. This flexibility often leads bankers to one simple question: Where do I begin? In this complimentary infographic, learn about the 7 methodologies available to use and when they are or are not recommended.
Integrated Risk Management | Leveraging Existing Practices to Drive Community Financial Institution Growth

Integrated Risk Management | Leveraging Existing Practices to Drive Community Financial Institution Growth

This whitepaper will take a closer look at some of the existing risk management practices employed by financial institutions today and the areas of overlap and interaction between them. Additionally, it will consider ways to synthesize results across these practices and the case for automation to accelerate that process.

Tip Of The Day

Use FRED (Federal Reserve Economic Data) to further validate your assumptions

Poll

What type of data do you anticipate leveraging for your CECL calculation?

  • 1-5 years of detailed loan level data
  • 5+ years of detailed loan level data
  • 1-5 years of aggregate (pool level) data
  • 5+ years of aggregate (pool level) data
  • I don't know the difference

ALLL.com Insiders

CFO Corner -- “ALLL” about CECL

CFO Corner — “ALLL” about CECL

In this occasional feature, CFOs from financial institutions share their approaches to the ALLL and to the CECL transition, as ...
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The biggest initial impact of CECL on financial institutions

The biggest initial impact of CECL on financial institutions

Most financial institutions understand CECL, and more specifically applying the CECL model to their loan portfolio, represents the most significant ...
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Validating ALLL models under CECL – What might change?

Validating ALLL models under CECL – What might change?

What does model validation mean for the allowance for loan and lease losses and what will it mean under CECL? ...
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