ALLL / Accounting for purchased loans

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Accounting for purchased loans

• credit impairment

  ASC 310-30 (SOP 03-3)

  In today’s banking landscape, the acquisition of loan portfolios can present healthy banks and credit unions with unique opportunities to rapidly expand their footprints, enhance their deposit bases and provide value to shareholders, often at significant discounts.

• bank landscape

  Banking Landscape

  Much of the banking landscape has been reshaped since 2010, as a direct result of the financial crisis. With tighter capital requirements, new regulations and an increasingly competitive landscape, the bank market is likely to continue its trend of consolidation.