Why ALLL.com? Subscribe
ALLL.com
Exact matches only
Search in title
Search in content
Search in comments
Search in excerpt
Search in posts
Search in pages
Search in groups
Search in users
Search in forums
Browse Sections
Regulation Articles
Methodology Articles
Insider Articles
Peer Discussions
Resource Center
Browse Categories
Close Menu
  • CECL
    • CECL Model
    • News
    • Expectations for ALLL
    • Regulatory Updates
    • Vendor Due Diligence
  • Incurred Loss
    • Preparing for the ALLL
    • Quantitative Calculation
    • Qualitative Factors
    • Purchased Loans
    • Reporting & Presenting
  • ALLL Community
    • ALLL Insiders
    • Peer Discussions
  • Resource Center
  • About Abrigo
Menu

ALLL / Disclosure reporting


Disclosure reporting

  • CECL Implementation

    The top CECL changes to ALLL disclosures

    The current expected credit loss (CECL) model requires financial institutions to overhaul many aspects of their accounting for the allowance for loan and lease losses (ALLL), including disclosures. Here are five top CECL modifications expected for ALLL disclosures.

  • CECL Implementation

    FASB seeks comments on proposed CECL updates on accrued interest, recoveries, prepayments

    Financial institutions and other parties interested in the current expected credit loss model, or CECL, have until Dec. 19 to comment on FASB's proposals to update its guidance for accounting for credit losses.

  • ASU 2010-20

    Disclosure Reporting

    As a result of ASU 2010-20, all banks that have audited financial statements must provide disclosure reports to their examiners. The main objective of disclosure reporting is increased transparency to financial statement users about institutions’ allowance for credit losses and the credit quality of their financing receivables.

  • Documentation

    Reporting: Benefit Beyond Compliance

    Above and beyond regulatory expectations for disclosure reporting, Rhoda Lauver of Jonestown Bank and Trust Company in Lebanon, Pennsylvania, believes that reporting on ALLL results should be pervasive throughout many areas of the bank.

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

Tip Of The Day

Use a qualitative scoring matrix to help justify Q factors from period to period

Incurred Loss

  • Preparing for the ALLL
    • Documentation
    • Validate Balances
    • Succession Planning
    • Data Aggregation
  • Quantitative Calculation
    • Loan Classification
    • ASC 450-20 (FAS 5)
    • Measures of Loss
    • Peer Data
    • ASC 310-10-35 (FAS 114)
    • What-If Scenarios
    • Quantitative Backtesting
  • Qualitative Factors
    • Standard Qualitative Factors
    • Defending Qualitative Factors
    • Objectivity in Adjustments
    • Backtesting Qualitative Factors
  • Reporting & Presenting
    • Justifying a Change
    • Disclosure Reporting
    • Presenting to Auditors
    • Presenting to Examiners
    • Auditors vs. Examiners
    • Presenting to Board
    • Model Validation
    • Backtesting for Reporting
  • Purchased Loans

CECL

  • CECL Model
    • Implementation Plan
    • Portfolio Data
    • Final Release
    • Life of Loan Concept
    • One-Time Adjustment
  • Expectations for ALLL
    • Objectivity
    • Consistency
    • Transparency
  • Regulatory Updates
    • FDIC Expectations
    • FED Expectations
    • OCC Expectations
    • NCUA Expectations
    • IASB’s IFRS 9
  • News
  • Vendor Due Diligence

Resource Center

  • Whitepapers
  • Webinars
  • Video
  • Blog
  • Slides
  • Other

ALLL Community

  • ALLL Insiders
  • Peer Discussions
Terms of Use Privacy Policy Cookie Policy Site Map

Copyright © 2023 Abrigo. All rights reserved.