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ALLL / incurred loss


incurred loss

  • CECL Implementation

    CECL vs. Incurred Loss: How the Pandemic Affected the Allowance

    In 2020, most SEC-filing institutions were required to move to the new current expected credit loss, or CECL, model. Following the 2007-2008 financial crisis, the CECL model aimed to provide more timely adjustments of reserve levels than the existing incurred loss method. Unlike the incurred loss model, the CECL model is forward-looking, estimating loans’ lifetime... Read more »

  • historical loss

    The Coronavirus, ALLL, and Liquidity: Assessments and Expectations

    In January 2020, most SEC-filing financial institutions began operating under the new current expected credit loss (CECL) accounting standard. While loss provisions were expected to increase due to the new standard, the onset of the economic impact of the coronavirus pandemic also created new implications for financial institutions’ reserves. Reports from the first quarter revealed... Read more »

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

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

Incurred Loss

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