More ALLL Coverage

Will Financial Institutions’ CECL Data Be Sufficient?

Will Financial Institutions’ CECL Data Be Sufficient?

Are financial institutions making enough progress in their CECL data collection efforts? How much data are they gathering for CECL, ...
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cecl transition relief

FASB Approves CECL Fair Value Option Change

Easing the transition to the current expected credit loss standard, or CECL, was the goal of a measure approved by ...
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FASB Rejects Regional Bank Proposal, Reverses Course on Vintage Disclosures

FASB Rejects Regional Bank Proposal, Reverses Course on Vintage Disclosures

The Financial Accounting Standards Board (FASB) made two decisions that will limit changes to the CECL standard ahead of implementation ...
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CECL: Survey Results Show What Institutions Are Doing Now

CECL: Survey Results Show What Institutions Are Doing Now

How prepared are financial institutions when it comes to the current expected credit loss, or CECL? Find out Tuesday during ...
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JPMorgan Chase Gives Look at CECL Impact

JPMorgan Chase Gives Look at CECL Impact

JPMorgan Chase’s investor presentation last week gave one of the first looks, if not the first, at how a new ...
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Where Are Banking Peers in CECL Implementation? Find Out

Where Are Banking Peers in CECL Implementation? Find Out

If you’ve wondered how far along your financial institution peers are in implementing the current expected credit loss standard (CECL), ...
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Latest Resources

Auditors vs. Regulators

CECL: Synthesizing Complexities to a Board

The current expected credit loss standard, or CECL, has been called one of the biggest changes ever to accounting for financial institutions, and every bank and credit union in the U.S. must assess CECL’s impact on its processes and on the allowance. With the change comes new roadblocks, one of which is explaining the complexities of CECL to a board in a straight-forward and clear manner.
Validate data from your core

Deposit Pricing: Mitigating Interest Expense in Today’s Rising Rate Environment

Financial institutions grappling with rising rates for retail deposits and increased competition for funding can benefit from understanding and practicing deposit pricing strategies. Deposit pricing that incorporates segmentation, in particular, can mitigate cost changes, help raise funding, or do both.
ASC 450-20 (FAS 5)

CECL WARM Method – What to Know and How to Use It

In this webinar, hear from Abrigo Advisory Services members and CPAs Jared Mills and Baker Eddraa as they discuss in more detail the pros and cons of the remaining life methodology and guide institutions on when they should be using it for CECL.

Tip Of The Day

Begin to develop multiple scenarios for your ALLL. Not only will it prove examiner friendly, but it will provide you with additional insight into the impact of changing variables

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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