Event Calendar

Thursday, November 5, 2020

webinar - Dissecting Loan Loss Reserves, Including CECL Expectations

Start Date: 11/5/2020 1:00 PM MST
End Date: 11/5/2020 2:30 PM MST

United States 

The pandemic has caused great uncertainty in the financial industry about the expected level of loan losses after the PPP loans and payment deferrals end. This uncertainty has led many institutions to significantly add to their ALLL while others have made few adjustments. This webinar will explore methods financial institutions are using during these uncertain times to assess their ALLL and identify issues to consider when determining today’s ALLL adequacy. It will also address items to consider when assessing qualitative factors. In addition, today’s uncertainty makes measuring the impairment level for collateral-dependent loans a greater challenge, so you’ll learn how to make a reasonable estimation.
Further, although CECL is not top-of-mind for many organizations today, the importance of continuing preparations will be addressed, as well as current regulatory expectations and implementation dates. This is an excellent opportunity to learn the latest on CECL and get prepared for your next safety and soundness exam – where your ALLL will likely be featured more prominently than before.
Attendance certificate provided to self-report CE credits.