Are you ready for CECL?
DON’T WAIT UNTIL IT’S TOO LATE! Prepared for CECL Day(s) : Hour(s) : Minute(s) : Second(s) December 31st, 2021 CECL goes into effect Day(s) : Hour(s) : Minute(s) : Second(s) January 1st, 2023 CECL IMPLEMENTATION TIMING The latest deadline for most...
DOCUMENT IMAGING SHORTFALLS
IMAGING PROBLEMS Before covid-19 we visited several banks a month. Some were not happy with their existing imaging systems. They commented on various Document Imaging Shortfalls. My first position in banking was reviewing documentation daily as a regulator. I am...
LOAN MONITORING VS INTEREST SPREAD
CURRENT NET INTEREST MARGINS The fed has rolled rates to near zero again. This tightens the bank’s bottom line again. When visiting with bankers in the last months interest rate spreads are almost always the number one concern. Loan monitoring vs interest...
CECL 2.0 – AUTOMATED LOAN GRADING WITH WRITE UPS
CECL ORIGINS CECL appears to be the largest, most painful item on the horizon. This new method for future loan loss accounting has been pushed upon the banking industry by FASB, an accounting group. This is the third or fourth revision in estimating loan losses from...