Now that most community banks have eight to ten quarters of CECL experience under their belts, many are still grappling with foundational issues such as overreliance on qualitative factors, lack of responsiveness to risk rating...
Addressing CECL Model Pain Points: Expert Advice for Banks
Are you a CFO or Chief Credit Officer grappling with your bank's CECL calculation, feeling frustrated and overwhelmed? You're not alone. As we pass the one-year mark since the implementation of CECL for most community banks,...
PD/LGD Emerges as Top CECL Methodology
More banks are using the probability of default/loss given default (PD/LGD) model for CECL than any other methodology, according to the accounting firm BKD CPAs and Advisors.