CECL represents one of the biggest changes in a generation regarding how financial institutions evaluate, calculate, and determine the allowance for loan losses. In addition to methodology changes, there will be a short-term impact to capital, which must be considered as part of capital planning.
This webinar will provide the most up-to-date regulatory and industry guidance for CECL and its implementation – an area that has continued to evolve well after the standards were published. Directors are responsible for determining the appropriate level of reserves. Join us to learn about specific CECL changes and the regulatory expectations for the board in setting the appropriate level of reserves.
- Up-to-the-minute CECL status
- CECL primer
- How does CECL compare to your current methodology?
- What is CECL’s impact on your capital level?
- What questions should you ask at board meetings?
- TAKE-AWAY TOOLKIT
- Questions to ask at your next board meeting about CECL
- Employee training log
- NEW – Interactive quiz
WHO SHOULD ATTEND?
This informative session is designed for outside directors.
SPEAKER: Bob Viering, Young & Associates, Inc.
Bob Viering is a Senior Consultant and Manager of Lending Services at Young & Associates, Inc. He brings over 30 years of banking experience and now concentrates primarily on loan review and credit-related support for clients. Prior to joining Young & Associates, Bob was a de novo bank organizer, CEO, market president, and regional credit officer with large and regional financial institutions. He has extensive experience in credit underwriting and lending management, including commercial, agricultural, and consumer loans. In addition, he has provided expert witness reports on lending issues for state and federal courts.
Bob was an interim chief lending officer for a troubled bank that successfully recovered. He has served as an advisor for de novo bank formation and bank mergers and acquisitions, including merger integration, credit process improvement, ALLL management, and management of formal and informal regulatory agreements. Bob is a graduate of the University of Illinois, the National Commercial Lending School, and the American Management Association’s Executive Effectiveness program.