CECL

The Biggest CECL Mistake Most Banks will Make — and How to Avoid It

CECL Trends Five years from now, every bank will have undergone at least one full year under the current expected credit loss (CECL) standard, and most public banks will have three years under their belts. Best practices will begin to emerge, and so will the ...
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/ CECL Trends, Intel, White Papers

Read Between the Lines January 2017

Read Between the Lines Each month Bank Insights reviews news from regulators and others to give perspective on regulatory challenges. While Under Fire, CFPB Wins Key Court Ruling The U.S. Court of Appeals for the D.C. Circuit will hear oral arguments in May about whether ...
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/ Archive, Article, CECL Trends, February 2017, Intel

The Latest Regulatory Guidance on CECL

The Latest Regulatory Guidance on CECL The FDIC, the OCC and the Federal Reserve issued frequently asked CECL questions (and answers) for banks in December. Among the highlights: CECL will cause an earlier recognition of credit losses. That’s because CECL removes the “probable” and “incurred” ...
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What Community Banks Need to do to Prepare for CECL

What Community Banks Need to do to Prepare for CECL By Adam Mustafa, Invictus Co-founderWhile smaller banks are in a better position to benefit from CECL from a technical perspective, they will struggle the most with the implementation due to a general lack of sophistication ...
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CECL Myths and Realities: Why Small Banks May Benefit from the New Accounting Standard

CECL Myths and Realities: Why Small Banks May Benefit from the New Accounting Standard By Adam Mustafa, Invictus Co-founder Small community banks may actually benefit from the new Financial Accounting Standards Board’s current expected credit loss (CECL) model, even though they will face the toughest ...
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