Although the new accounting standard known as CECL is a requirement, bankers need to stop viewing it through that lens. CECL has many silver linings.
Invictus Intel Blog
Caveat Emptor: The Pitfalls of a SaaS Approach to CECL
Software can be wonderful. It can provide a spike in efficiency and automate a host of processes and problems that were previously solved manually in painstaking fashion. As a result, it is no surprise that many community banks...
Picking a CECL Methodology: Five Reasons Why Only One Method Makes Sense
FASB’s guidance for CECL is flexible when it comes to methodologies. In fact, many software-as-a-service (SaaS) providers and consultants make it a point to brag how their products can handle just about all of them. But let’s not...
News Alert: Regulatory Advice on What Banks Should Do in 2021
With the economic impact of the coronavirus still masked by relief efforts, community banks should act conservatively in 2021, making sure their banks have proper risk management processes in place to guard against additional...
Free Data Tool: Analysis of 3rd Quarter Loan Loss Reserves for U.S. Community Banks
CECL May Not Increase Loan Loss Reserves—And Other Myths for 2023 Filers
The Problem with CECL Models: You’re Asking the Wrong Question
Lessons from the Field: How Three $1B+ Community Banks Are Using Pandemic Stress Testing to Manage Strategy, Risk and Capital
Pandemic stress tests are helping banks manage concentrations, while also reassuring boards and management teams that they can withstand the economic fallout from the coronavirus, three community bankers revealed on a December 3rd