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.