CECL , Vintage Analysis
Is Vintage Analysis the Key to CECL?
written by Blair Groves
With the final CECL standard expected in the first quarter of 2016, this article is a good reminder to start thinking about the methodology your bank might use for implementation. Vintage analysis is one possible, and fairly simplistic, loss-rate method that this article focuses on. Give it a read and see if this method might be a fit for your bank.
Related Post: CECL is Coming – Is Your Bank Ready for This Seismic Shift?
Contact Whitlock if you have any questions or to request a consultation. We serve Kansas City, Springfield, and Joplin in Missouri. Reach us by phone at 417-881-0145. Click here to read the full article at the Bank News blog.
View Similar Blogs
Other blogs about cybersecurity and your business
IT Audit vs. Cybersecurity Assessment: What’s the Difference?
If you’ve been told you need an IT audit, you might have also heard the term cybersecurity assessment in the same conversation. They sound similar. They’re often confused. But they’re not the same...
Mid-Year Tax Planning: Why July Matters More Than January
For most business owners, tax planning is something that happens in the spring. You gather your documents, you meet with your accountant, and you deal with whatever the year produced. It feels like...
Third-Party Risk Management for Community Banks: A Practical Checklist
Every community bank uses outside vendors. Core banking. Payments. Cybersecurity. Loan platforms. The list adds up fast. Regulators know this. And they expect you to have a process for managing the...