More ALLL Coverage

CECL Lessons Learned

CECL Lessons Learned

By: Chris Emery Director, Strategy, and Engagement Abrigo At Abrigo, many of us eat, sleep and breathe CECL. Since the ...
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Board meeting

Do This, Not That: Explaining CECL to Your Board

Explaining CECL and your institution’s transition progress to your board of directors is important. In a recent webinar, Abrigo experts ...
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CECL’S Impact on Your ALM Modeling

CECL’S Impact on Your ALM Modeling

With CECL's need for financial institutions to look at a more forecasted approach to determine credit reserves, it makes sense ...
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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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Latest Resources

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.
Generic Cash Flows: A Building Block of Asset/Liability Forecast

Generic Cash Flows: A Building Block of Asset/Liability Forecast

Any discussion on Asset/Liability Management (ALM) should begin with a discussion on the underlying foundation required to accurately model forecasts. One of the most important building blocks for that foundation
is cash flows. It’s crucial to understand the importance of cash flows, the different types, their characteristics, and how they perform or act in a forecast. Cash flows are the foundation of ALM modeling and understanding them helps to understand the results when attempting to model interest rate risk through reporting.

Tip Of The Day

Communication is key. It is important to have everyone on the same page in regards to the CECL transition status.

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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