As COVID-driven deferrals and PPP loans end, ALLL is finding its way to the regulatory spotlight. Learn about the issues your institution will likely face – before your next exam!
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
- Better assess the adequacy of your ALLL by:
- Considering current data to evaluate your qualitative or environmental factors
- More accurately calculating the impairment for collateral-dependent loans
- Discuss the growing importance of an adequately funded ALLL
- Understand the status of CECL, including the most-current implementation dates
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.
WHO SHOULD ATTEND?
This informative session is for executives tasked with preparing the ALLL analysis, including chief credit officers, chief financial officers, and chief risk officers.
- Checklist of items to consider in evaluating each defined qualitative factor
- Checklist of items for a more accurate measure of impairment for collateral-dependent loans
- Employee training log
- Interactive quiz
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.