How to Determine the Right Measure of Loss
Banks and credit unions have several choices in how to measure loss in the allowance. Three of those choices include historical loss rates, migration analysis, and loss discovery period. This webinar describes these three methodologies in detail and measures the pros and cons of each.
FASB’s CECL Model: How to Prepare Now
This webinar discusses proactive steps institutions can take in order to prepare for the Financial Accounting Standards Board's (FASB's) anticipated release of the new Current Expected Credit Loss Model (CECL). By transitioning to a model that requires institutions to calculate expected losses, data requirements and the complexity of the overall calculation will increase drastically. Institutions should examine their current data processes and determine whether or not they are sustainable given the demands that will come with the new accounting standards.
Documenting the 9 Qualitative Factors for Your ALLL
In this webinar, Abrigo consultants discuss the nine qualitative and environmental factors as recommended by guidance. They discuss the inherent need for Q factors in the ALLL calculation, the challenge that using Q factors presents due to their subjectivity, and offer ways to help add objectivity and defensibility to the qualitative and environmental portion of the allowance calculation.
Your ALLL Roadmap: Are You Ready for the Future?
Abrigo and Crowe Horwath cover the short-term, mid-term and long-term impact of various pieces of ALLL regulation. Topics covered include: creating a structured, roadmap approach to planning and implementing a sound ALLL methodology, preparing for ALLL stressed forecast requirements for DFAST and the implications of FASB's CECL model.
ALLL Model Validation: Are You Compliant With the 3 Main Components?
In the years following the economic crisis, many institutions have revised existing models or implemented new models to more accurately calculate their ALLL. In this webinar, Abrigo and Crowe Horwath discuss the supervisory guidance on model validation (OCC 2011-12, SR 11-7) and how it applies to models used to estimate the ALLL.
Accounting for Purchased Loans
When an institution acquires another institution or portfolio, accounting for the purchased loans introduces additional complexities for the reserve. This webinar covers fair value accounting, loan classification between ASC 310-20 (FAS 91) and ASC 310-30 (SOP 03-3) loans and the correct way to calculate the various loan types as specified by guidance.
