The Real Price of Risk in Lending
|
|
|
- Dulcie Griffin
- 5 years ago
- Views:
Transcription
1 The Real Price of Risk in Lending IBA, NBA & OBA 2018 Convention June 21, 2018 Today s Agenda Why we care about risk How we can (and should) use risk s What makes a strong risk system How to develop and manage individual s 2 1
2 The Case for Timely Ratings Charge-off Rates Relatively Benign Data source: Compiled charge off data from FFIEC call reports 4 2
3 Tightening Standards as an Indicator Data sources: Compiled charge off data from FFIEC call reports Senior Lending Officer Survey via fred.stlouisfed.org 5 Ratings Not as Forward Looking Data sources: Compiled charge off data from FFIEC call reports Annual Shared National Credit exam reports 6 3
4 And Lag Tightening Standards Data sources: Annual Shared National Credit exam reports Senior Lending Officer Survey via fred.stlouisfed.org 7 Revisiting Risk Rating Definitions 4
5 Pass: the Undefined Rating Performing as Agreed Repayment in the Normal Course 9 Pass vs. Special Mention Performing as Agreed Repayment in the Normal Course Potential weakness that deserves management s close attention 10 5
6 Special Mention vs. Substandard Potential weakness Well-defined weakness 11 Doubtful & Loss 12 6
7 Risk Rating & the Loan Life Cycle Ways to Use Risk Rating New Loan Origination Regulatory Expectations Risk serves multiple purposes Loan Pricing Allowance for Loan & Lease Losses Portfolio Rhythms Resource Management 14 7
8 New Loan Origination New Loan Origination Regulatory Expectations Risk serves multiple purposes Loan Pricing Allowance for Loan & Lease Losses Portfolio Rhythms Resource Management 15 Underwriting Guidelines Office Buildings 12/31/2017 3/31/2018 Amortization 15 years 15 years Maturity 5 years 5 years DSCR 1.25x 1.25x Risk Rating Pass 4 Pass
9 Loan Pricing New Loan Origination Regulatory Expectations Risk serves multiple purposes Loan Pricing Allowance for Loan & Lease Losses Portfolio Rhythms Resource Management 17 Approach 1: Target Returns Return on Assets Net Interest Income Net Non Interest Income Net Non Ope Income Other Higher interest rate set to obtain ROA given other factors Managing lower s more actively = higher expenses Higher risk = higher allowance 18 9
10 Approach 2: Spread to Risk Free Rate Caution: these spreads are indicative of cost of debt for a company inclusive of all tranches. A bank s first lien position will likely impact using these rates in practice. 19 Resource Management New Loan Origination Regulatory Expectations Risk serves multiple purposes Loan Pricing Allowance for Loan & Lease Losses Portfolio Rhythms Resource Management 20 10
11 Planning for the Future This Year Pass 1 3 Pass 4 5 Special Mention Next Year Classified Paid Out Total New Origination Pass (3) 45 Pass (7) 60 Special (2) 6 Mention Classified (1) 6 Total (13) 147 How many resources will you need for this portfolio mix? 21 Portfolio Management New Loan Origination Regulatory Expectations Risk serves multiple purposes Loan Pricing Allowance for Loan & Lease Losses Portfolio Rhythms Resource Management 22 11
12 Setting Standards for Portfolio Activity Account Review with Bank Management Days to Spread Financials Borrower Visit / Conversation Pass 1 3 Annually 30 Annually Pass 4 5 Semi-Annually 20 Semi-Annually Special Mention Monthly 10 Quarterly Classified Monthly 5 Monthly Example chart 23 Allowance for Loan & Lease Losses New Loan Origination Regulatory Expectations Risk serves multiple purposes Loan Pricing Allowance for Loan & Lease Losses Portfolio Rhythms Resource Management 24 12
13 Using Expected Loss Rates Rating at Origination Historical Loss Rate X type loans over X Years Pass % Pass % Pass % Pass % Pass % Things to consider. Different type of loans will have different average maturities More applicable under CECL Data for illustration only 25 Regulatory Expectations New Loan Origination Regulatory Expectations Risk serves multiple purposes Loan Pricing Allowance for Loan & Lease Losses Portfolio Rhythms Resource Management 26 13
14 WHAT DO YOU VIEW AS THE MOST IMPORTANT USE OF RISK RATING? New Originations Loan Pricing Resource Management Portfolio Rhythms ALLL Regulatory Expectations 27 Characteristics of a Strong System 14
15 Characteristics of a Strong System USE THE FULL RATING SPECTRUM 29 Move Across Ratings Appropriately Current Period Rating Prior Period Rating 30 15
16 Align with Expected Loss Rates 31 Developing Individual Risk Ratings 16
17 The Process Develop scorecard Analyze specific Finalize Document 33 Scorecard Factors Develop scorecard Analyze specific Finalize Document What are best practices in determining factors in a scorecard? Vary by product Include qualitative & quantitative factors Focus on drivers 34 17
18 Industry Factors Develop scorecard Analyze specific Finalize Document How can industry be included in a scorecard? Current state of the industry Future of the industry Borrower s position in the industry 35 Analyzing the Specific Rating Develop scorecard Analyze specific Finalize Document Did the scorecard properly capture the embedded risk of the deal? Ability & willingness to repay (borrower) Structural and collateral considerations (facility) 36 18
19 Expert Judgment Develop scorecard Analyze specific Finalize Document What role should expert judgment play in assigning risk? Support expert judgment with factors not in the scorecard Review scorecard if / when systemic disconnects 37 Additional Approvals Develop scorecard Analyze specific Finalize Document When should additional approvals be required? Approval before is finalized in defined circumstances Regular review of the risk system 38 19
20 Regular Review of Scorecard HOW DO FINAL RATINGS ALIGN WITH SCORECARD 39 Documenting Ratings Develop scorecard Analyze specific Finalize Document 40 20
21 Risk Rating Analysis Framework Opening Paragraph Middle Paragraphs Closing Paragraph Pass Details of positive attributes in one paragraph Details of negative attributes in one paragraph Special Mention Substandard Statement of risk class assigned Indication if risk class has changed Summary of key points Details of negative attributes in one paragraph Details of positive attributes in one paragraph Details of negative attributes with one paragraph for each area of concern What would cause an upgrade What would cause a downgrade Doubtful / Loss Detail of analysis leading to the value assigned 41 Thoughts for Back in the Office Are you using risk s throughout a loan s life cycle? How strong is your risk system overall? Do you have consistent application and documentation of individual s? 42 21
22 Q&A Alison Trapp Advisory Services Lending & Risk Summit The premier conference for lending and risk Learn:» Sessions dedicated to lending, credit risk and portfolio risk led by our consultants & other industry experts» Led by industry experts to address your challenges around growth and risk» Earn CPE credits» Solutions stations & demo room Network:» More than 350 bankers from 200 institutions attend» Banker Appreciation Chicago Sports Museum Apply:» 97% of attendees recommend the Summit to community bankers» Offers actionable insights to help banks grow profitably and mitigate risk Sageworks.com/Summit 22
23 Additional Resources Sageworks.com Learn about Sageworks risk management suite» Sageworks Credit Analysis» Sageworks Loan Pricing» Sageworks ALLL Bank Information Customized bank analysis and targeting intelligence tool Interested in talking with a specialist?» us now: sales@sageworks.com 45 23
CRE Lending Best Practices
CRE Lending Best Practices Understanding the risk and rewards P R E S E N T E D B Y Rob Ashbaugh Executive Risk Management Consultant Sageworks Disclaimer This presentation may include statements that
CECL Methodology Series Disclosures
CECL Methodology Series Disclosures April 18, 2017 About the Webinar We will address as many questions as we can throughout the presentation or through direct communication via follow-up email Ask questions
How to Justify a Change in Your ALLL
How to Justify a Change in Your ALLL Ed Bayer, Managing Director Tim McPeak, Senior Risk Management Consultant Sageworks O - (919) 851-7474 F - (919) 851-6718 info@sageworks.com www.sageworksanalyst.com
FedLinks. Connecting Policy with Practice. Expectations for Banks. How Examiners Assess the ALLL
FedLinks Connecting Policy with Practice ALLOWANCE FOR LOAN AND LEASE LOSSES JANUARY 2013 During periods of unstable financial conditions, meeting the supervisory expectations for maintaining an appropriate
Accounting for Purchased Loans. Easier said than done
Accounting for Purchased Loans Easier said than done About Sageworks Lending, Credit Risk and Portfolio Risk Solutions More than 1,100 financial institution clients Thought leader for institutions and
ALLL Today: Challenges & Solutions.
ALLL Today: Challenges & Solutions. September 14 2016 ALLL Today: Challenges & Solutions. September 15, 2016 P R E S E N T E D B Y Tim McPeak Executive Risk Management Consultant Sageworks Agenda. Current
Credit Administration and Documentation Standards
Credit Administration and Documentation Standards OVERVIEW: It is the objective of this Organization to extend adequate and constructive credit, in accordance with regulations, under the definition of
The CECL Workshop Series. CECL Finalization & Methodologies
The CECL Workshop Series. CECL Finalization & Methodologies June 7, 2016 P R E S E N T E D B Y Todd Sprang CliftonLarsonAllen Tom Danielson CliftonLarsonAllen Tim McPeak Sageworks About the Webinar. Ask
Managing a Transition to a New ALLL Process
Managing a Transition to a New ALLL Process Chris Martin Manager Credit & Risk (ALLL) Synovus Financial Corp What is the ALLL? The Allowance for Losses on Loans and Leases (ALLL), originally referred to
Agenda. CECL Where are we and how did we get here? What is FASB s Expected Credit Loss Model? Expected Credit Loss Models - Challenges.
The CECL Model Agenda CECL Where are we and how did we get here? What is FASB s Expected Credit Loss Model? Expected Credit Loss Models - Challenges blank 2 Background Financial Crisis with credit as a
Risk Management. Credit Risk Management
Credit Risk Management Credit risk is defined as the risk of loss arising from any failure by a borrower or a counterparty to fulfill its financial obligations as and when they fall due. Credit risk is
Accounting for Credit Losses, Where will the road end up?
Accounting for Credit Losses, Where will the road end up? PACB 137th ANNUAL CONFERENCE BARRY M. PELAGATTI, CPA Assurance Partner, BDO USA, LLP September 6, 2014 BDO USA, LLP, a Delaware limited liability
KEY UNDERWRITING AND MONITORING CRITERIA FOR BUSINESS LOANS
KEY UNDERWRITING AND MONITORING CRITERIA FOR BUSINESS LOANS April 12, 2016 Today s Presenter Bruce Hull, Team Resources Bruce Hull has more than 30 years lending experience. His knowledge and ability to
ANNUAL REPORT COMUNIBANC CORP. December 31, 2016 and 2015
Comunibanc Corp. Page 1 ANNUAL REPORT COMUNIBANC CORP. December 31, 2016 and 2015 TABLE OF CONTENTS DEAR SHAREHOLDERS AND FRIENDS... 3 INDEPENDENT AUDITORS REPORT... 4 FINANCIAL STATEMENTS Consolidated
CECL Prep: Key Changes and Crafting an Implementation Plan.
CECL Prep: Key Changes and Crafting an Implementation Plan. May 16, 2016 PRESENTED BY Aaron Lenhart Senior Risk Management Consultant Sageworks Disclaimer. This presentation may include statements that
Effective Credit Risk Management with ErmsCo Dual Risking Rating System
Executive Brief Effective Credit Risk Management with ErmsCo Dual Risking Rating System 2007-2012 ErmsCo Inc Intellectual Property. All Rights Reserved. 103 Introduction to ErmsCo About ErmsCo ErmsCo is
Understanding Business Borrowers $150 COURSE DESCRIPTIONS
ABA SELF-PACED BUSINESS BANKING AND COMMERCIAL LENDING PROGRAMS A $10.00 shipping, recordkeeping and administrative fee will be added to all self-paced enrollments. Course Descriptions Below Register Now!
CECL An Analysis of the April 2016 CECL Draft Presented to the Transition Resource Group
CECL An Analysis of the April 2016 CECL Draft Presented to the Transition Resource Group By Randal Rabe Director at Credit Risk Management Analytics, LLC CECL An Analysis of the April 2016 CECL Draft Presented
Expanding Sensitivity Analysis and Stress Testing for CECL
Expanding Sensitivity Analysis and Stress Testing for CECL December 2016 Today s Speakers Michael L. Gullette, Vice President, Accounting and Financial Management, American Bankers Association Mike works
CECL Initial and Subsequent Measurement
CECL Initial and Subsequent Measurement About the Presenter Neekis Hammond, CPA Advisory Services www.sageworks.com Implementation Timelines. 1. SEC Filing Institutions. Implementation Timelines. 2. Non-SEC
2018 What s Ahead. Sal Inserra Crowe Horwath LLP
2018 What s Ahead Sal Inserra 2017 Crowe Horwath LLP 2017 Crowe Horwath LLP Agenda CECL Implementation Considerations Changing Standards. Changing Landscapes SEC Focus Items From the PCAOB 2017 Crowe Horwath
CREDIT RISK MANAGEMENT GUIDANCE FOR HOME EQUITY LENDING
Office of the Comptroller of the Currency Board of Governors of the Federal Reserve System Federal Deposit Insurance Corporation Office of Thrift Supervision National Credit Union Administration CREDIT
Technical Line FASB final guidance
No. 2017-09 16 March 2017 Technical Line FASB final guidance How the new credit impairment standard will affect entities outside the financial services industry In this issue: Overview... 1 Key considerations...
ASSET CLASSIFICATION, PROVISIONING AND SUSPENSION OF INTEREST
FINANCIAL INSTITUTIONS COMMISSION PRUDENTIAL REGULATION FIC-PR-02 ASSET CLASSIFICATION, PROVISIONING AND SUSPENSION OF INTEREST Arrangement of Paragraphs PARAGRAPH 1. Short Title 2. Authorization 3. Application
BlackRock Solutions CMBS Credit Model
Aladdin Model Documentation BlackRock Solutions CMBS Credit Model June 2017 2017 BlackRock, Inc. All Rights Reserved. BLACKROCK, BLACKROCK SOLUTIONS and ALADDIN are registered trademarks of BlackRock,
CECL: Update on Current Expected Credit Loss Approach By Dan St. Clair, Director, Audit Department
CECL: Update on Current Expected Credit Loss Approach By Dan St. Clair, Director, Audit Department Now that a year has passed since FASB issued Accounting Standards Update (ASU) No. 2016-13: Financial
Challenges in the. Mike Lubansky, Senior Analyst Sageworks, Inc Centerview Drive Raleigh, NC
Challenges in the Estimation of the ALLL Mike Lubansky, Senior Analyst Sageworks, Inc. The estimation of the Allowance for Loan and Lease Losses (ALLL) has been a part of the financial institution s accounting
UNITED STATES SECURITIES AND EXCHANGE COMMISSION FORM 10-Q. HSBC USA Inc. (Exact name of registrant as specified in its charter)
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period
Allowance for Loan Losses A Practical Approach. May 19, 2013 Bart P. Ferrin, CPA Ferrin & Company, LLC
Allowance for Loan Losses A Practical Approach May 19, 2013 Bart P. Ferrin, CPA Ferrin & Company, LLC Accounting Standards Guidance FASB Guidance July 2010, the FASB issued Accounting Standards Update
Asset Quality. Contents
Asset quality is a critical part of your financial analysis of an institution because it directly impacts the evaluation of other component areas such as capital, earnings, and liquidity. The assessment
Comptroller of the Currency Administrator of National Banks. Survey of Credit Underwriting Practices 2001
Comptroller of the Currency Administrator of National Banks Survey of Credit Underwriting Practices Comptroller of the Currency Administrator of National Banks Washington, DC 20219 June To: Board Members
A Comprehensive Look at the CECL Model
A Comprehensive Look at the CECL Model Table of Contents SCOPE... 3 CURRENT EXPECTED CREDIT LOSS MODEL... 3 LOSS PROBABILITIES... 5 MEASUREMENT OF EXPECTED CREDIT LOSSES... 5 Individual Versus Pooled Assessment...
FORM 10-Q. Commission File No New Bancorp, Inc. (Exact name of registrant as specified in its charter)
10-Q 1 nwbb20170630_10q.htm FORM 10-Q SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q [X] Quarterly Report Pursuant To Section 13 or 15(d) of the Securities Exchange Act of 1934 For
How to Develop Your 2014 Bank IT Strategic Plan and Budget
How to Develop Your 2014 Bank IT Strategic Plan and Budget August 21, 2013 Speaker 512-351-3700 bsmith@aboundresources.com Brad Smith President, Abound Resources 20+ years experience helping community
Bo Singh, TGA President
Bo Singh, TGA President 1 ABOUT US T. Gschwender & Associates, Inc. is a diversified consulting company that has been providing services to financial institutions and businesses in the Northeast United
Rating Credit Risk. Comptroller s Handbook. April Assets A-RCR. Comptroller of the Currency Administrator of National Banks
A-RCR Comptroller of the Currency Administrator of National Banks Rating Credit Risk Comptroller s Handbook April 2001 Updated June 26, 2017, for Nonaccrual Status A Assets Rating Credit Risk Table of
Frequently Asked Questions:
Frequently Asked Questions: CECL for Community Banks and Credit Unions What is the current expected credit loss (CECL)? The current expected credit loss (CECL) is a new GAAP accounting standard that will
CONSOLIDATED ANNUAL REPORT. Fleetwood. Bank Corporation. What you want your bank to be
2016 CONSOLIDATED ANNUAL REPORT Fleetwood Bank Corporation & What you want your bank to be CORPORATE MISSION STATEMENT Our educated and motivated team will become the leading provider of financial services
CECL: Data, Scenarios and Cash Flow Thoughts
CECL: Data, Scenarios and Cash Flow Thoughts H. Walter Young November 14, 2016 2016 Risk Management Association Annual Risk Management Conference Dallas, Texas Table of Contents I. Data: Not all data is
FIRST COMMUNITY CORPORATION AND FIRST COMMUNITY BANK OF EAST TENNESSEE. Rogersville, Tennessee CONSOLIDATED FINANCIAL STATEMENTS
FIRST COMMUNITY CORPORATION AND FIRST COMMUNITY BANK OF EAST TENNESSEE Rogersville, Tennessee CONSOLIDATED FINANCIAL STATEMENTS Rogersville, Tennessee AUDITED CONSOLIDATED FINANCIAL STATEMENTS TABLE OF
T A B L E O F C O N T E N T S
T A B L E O F C O N T E N T S PRESIDENT S LETTER... 3 INDEPENDENT AUDITORS REPORT... 4-5 FINANCIAL STATEMENTS Consolidated Balance Sheet... 6 Consolidated Statement of Income... 7 Consolidated Statement
Center for Plain English Accounting
Report February 22, 2017 Center for Plain English Accounting AICPA s National A&A Resource Center available exclusively to PCPS members The Current Expected Credit Loss (CECL) Model Are You Ready? Background
Pledging & Underwriting Guidelines (Commercial Real Estate and Multifamily Loan Collateral)
Pledging & Underwriting Guidelines (Commercial Real Estate and Multifamily Loan Collateral) I. Collateral Eligibility: The Federal Home Loan Bank of Boston s ( the Bank ) Products and Solutions Guide defines
Financial Instruments Impairment
Financial Instruments Impairment SPECIAL REPORT New Product or Service of the Year Content Content Marketing Solution 2 Financial Instruments Impairment Financial Instruments Impairment Financial instruments
Banking Regulatory Update
Banking Regulatory Update Joint OCC/Fed/FDIC Release (FIL-51-2013): October 29, 2013 Revision of the 2004 "Uniform Agreement on the Classification of Assets" Oct. 30 th 2013 Attached for your review is
Quarterly Conversations with the Federal Reserve Bank of St. Louis Live from Arvest Bank Bentonville, Arkansas. May 20, 2015
Quarterly Conversations with the Federal Reserve Bank of St. Louis Live from Arvest Bank Bentonville, Arkansas May 20, 2015 1 Options to Join the Conversation Webinar and audio Click on the link: https://www.webcaster4.com/webcast/page/584/7626
ALLL About Disclosure Reports. Key issues to know
ALLL About Disclosure Reports Key issues to know About Sageworks Lending, Credit Risk and Portfolio Risk Solutions More than 1,100 financial institution clients Thought leader for institutions and examiners
Training Manual: The Basics of Financing Agriculture
Training Manual: The Basics of Financing Agriculture Module 2.1 Basics of the Balance Sheet Module 2.1 Basics of the Balance Sheet Acknowledgement The Agriculture Finance Training Manual is part of AgriFin
Credit impairment. Handbook US GAAP. March kpmg.com/us/frv
Credit impairment Handbook US GAAP March 2018 kpmg.com/us/frv Contents Foreword... 1 About this publication... 2 1. Executive summary... 4 Subtopic 326-20 2. Scope of Subtopic 326-20... 14 3. Recognition
Survey of Credit Underwriting Practices 2005 Office of the Comptroller of the Currency National Credit Committee
Survey of Credit Underwriting Practices 25 Office of the Comptroller of the Currency National Credit Committee June 25 1 Table of Contents Introduction 3 Part I: Overall Results Primary Findings 4 Commentary...6
Best Hometown Bancorp, Inc. (Exact name of registrant as specified in its charter)
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q X Quarterly Report Pursuant To Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended
Securities and Exchange Commission Washington, DC FORM 10-Q
Securities and Exchange Commission Washington, DC 20549 FORM 10-Q [X] Quarterly Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the period ended March 31, 2011 or [ ]
CECL Effective Date for Private Banks. A Discussion Paper of the AMERICAN BANKERS ASSOCIATION. ABA Contact: Michael L. Gullette
CECL Effective Date for Private Banks A Discussion Paper of the AMERICAN BANKERS ASSOCIATION ABA Contact: Michael L. Gullette SVP, Tax and Accounting mgullette@aba.com 202-663-4986 the practical and ongoing
Online Commercial Credit Training Program
Online Commercial Credit Training Program Eensight offers you a low-cost effective, customizable and comprehensive online commercial credit training program that provides the core skills necessary to underwrite
All of the Method None of the Madness
CECL Simplified Current Expected Credit Losses ASU 2016-13 All of the Method None of the Madness The ProBank Austin 2017 Webinar Series November 9, 2017 11:00 AM ESDT Live Case Study - CECL I. Example
Title of the presentational;;l
Title of the presentational;;l Allianz Global Corporate & Specialty SE Singapore Branch 2016 Allianz Global Corporate & Specialty SE Singapore Branch Supplementary Information 2016 This Disclosure is a
PEOPLE'S UNITED BANK, N.A Dodd-Frank Act Stress Test (DFAST) Disclosure. June 18, 2015
PEOPLE'S UNITED BANK, N.A. 2015 Dodd-Frank Act Stress Test (DFAST) Disclosure June 18, 2015 1. Requirements for Dodd-Frank Stress Test In accordance with the Dodd-Frank Wall Street Reform and Consumer
CLIFTON BANCORP INC. (Exact Name of Registrant as Specified in Its Charter)
o UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended
Oikocredit International Support Foundation Plans, Objectives and Activities for the period 2014 to 2018
Oikocredit International Support Foundation Plans, Objectives and Activities for the period 2014 to 2018 1. Introduction and purpose of Oikocredit and the Foundation Oikocredit Oikocredit (the Society)
FEDERAL DEPOSIT INSURANCE CORPORATION WASHINGTON, D.C. and STATE OF NORTH CAROLINA NORTH CAROLINA COMMISSIONER OF BANKS RALEIGH, NORTH CAROLINA
FEDERAL DEPOSIT INSURANCE CORPORATION WASHINGTON, D.C. and STATE OF NORTH CAROLINA NORTH CAROLINA COMMISSIONER OF BANKS RALEIGH, NORTH CAROLINA ) In the Matter of ) ) MACON BANK, INC. ) CONSENT ORDER FRANKLIN,
Loan Portfolio Management
Loan Portfolio Management Michael Wear 2016 1 2 ALLL Activity - Summary ($000) 2013 2014 2015 6/2016 Beginning 2,456 3,471 4,343 6,513 Balance Provisions 2,000 2,000 8,000 6,000 Net Charge-offs Ending
Disclosure Prudential Disclosure Report. 12/31/2017 Derayah Financial
Derayah - Pillar III Disclosure -2017 Prudential Disclosure Report 12/31/2017 Derayah Financial Table of Contents 1. OVERVIEW... 2 2. CAPITAL STRUCTURE... 2 2.1. Disclosure on Capital Base... 3 3. CAPITAL
CECL Initial and Subsequent Measurement A Practical Approach
CECL Initial and Subsequent Measurement A Practical Approach June 8, 2017 Neekis Hammond, CPA Principal - Advisory Services 1 Loan portfolio and risk management solutions More than 1,000 financial institution
IFRS 9 for Financial Services Presentation and Disclosure. Ulana Oswald Senior Manager. December 9, 2015
IFRS 9 for Financial Services Presentation and Disclosure Ulana Oswald Senior Manager December 9, 2015 Presentation and Disclosure: Classification and Measurement Page 1 Classification and measurement
STATE DEPARTMENT FEDERAL CREDIT UNION
FINANCIAL STATEMENTS (With Independent Auditor s Report Thereon) TABLE OF CONTENTS Page INDEPENDENT AUDITOR S REPORT... 1 FINANCIAL STATEMENTS Statements of Financial Condition... 3 Statements of Income...
Survey of Credit Underwriting Practices 2010
Survey of Credit Underwriting Practices 2010 Office of the Comptroller of the Currency August 2010 Contents Introduction...1 Part I: Overall Results...2 Primary Findings... 2 Commentary on Credit Risk...
Report of Independent Registered Public Accounting Firm 1-2. Consolidated Statements of Comprehensive Income 4
FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2016 Contents Report of Independent Registered Public Accounting Firm 1-2 Consolidated Financial Statements Consolidated Balance Sheets 2 Consolidated
Annual Report One True Community Bank
Annual Report 2012 One True Community Bank TABLE OF CONTENTS Message to Shareholders 1 Financial Highlights 4 Independent Auditors Report 5 Consolidated Balance Sheets 6 Consolidated Statements of Income
CECL IMPLEMENTATION. Practical implementation and operational considerations of the CECL model for Credit Unions
CECL IMPLEMENTATION Practical implementation and operational considerations of the CECL model for Credit Unions #AICPAcu 'Where data are sparse, competing ideas abound that are clever and wishful. Neil
AMENDED LETTER TO SHAREHOLDERS O n behalf of your Board of Directors, management team and staff, I am pleased to present the annual report for the fiscal year ended December 31, 2016, for Minden Bancorp,
Statement of Guidance
Statement of Guidance Credit Risk Classification, Provisioning and Management Policy and Development Division Page 1 of 20 Table of Contents 1. Statement of Objectives... 3 2. Scope... 3 3. Terminology...
FINANCIAL STATEMENTS DECEMBER 31, 2016
FINANCIAL STATEMENTS DECEMBER 31, 2016 PO Box 1430 18 Georgia Heritage Place Dallas, GA 30132 P: 770.445.8888 F: 770.445.8889 www.georgiaheritagebank.com GEORGIA HERITAGE BANK FINANCIAL REPORT DECEMBER
2018 ICBA Regulator Panel Agricultural Lending
2018 ICBA Regulator Panel Agricultural Lending March 15, 2018 Keith Osborne ADC Wichita Field Office 1 Agenda Agricultural Lending Risk Management Practices Risk Rating Agricultural Loans References Questions
What are CECL gaps in the current ALLL process?
What are CECL gaps in the current ALLL process? Considerations for implementing the forthcoming Accounting for Financial Instruments: Credit Losses standard Zions Bancorporation Alexander Hume Controller
CECL Effective Date for Private Banks. A Discussion Paper of the AMERICAN BANKERS ASSOCIATION
CECL Effective Date for Private Banks A Discussion Paper of the AMERICAN BANKERS ASSOCIATION August 2018 Update: FASB Issues Exposure Draft to Change the Effective Date ABA Contact: Michael L. Gullette
Current Expected Credit Loss (CECL) rules are coming
Current Expected Credit Loss (CECL) rules are coming What your M&A team needs to know about CECL now kpmg.com The newly issued CECL accounting rules are expected to have a significant impact on financial
Enhancing Your ALM Modeling Process. Best Practices in ALM
MAY 3-4, 2016 Enhancing Your ALM Modeling Process MAY 5-6, 2016 Best Practices in ALM Indianapolis, IN Hyatt Regency Indianapolis Enhancing Your ALM Modeling Process Enhancing Your ALM Modeling Process
A FIDUCIARY'S GUIDE TO SELECTING A FINANCIAL ADVISER AND REVIEWING AN ESOP STOCK VALUATION REPORT
Winter 2006 ESOP Financial Advisory Insights Insights 17 A FIDUCIARY'S GUIDE TO SELECTING A FINANCIAL ADVISER AND REVIEWING AN ESOP STOCK VALUATION REPORT Timothy J. Meinhart This discussion summarizes
U.S. Federal Banking Agencies Issue a Policy Statement on Commercial Real Estate Loan Workouts
Financial Institutions Advisory, Financial Regulatory Group & Property Group November 13, 2009 U.S. Federal Banking Agencies Issue a Policy Statement on Commercial Real Estate Loan Workouts There is a
TOUCHMARK BANCSHARES, INC.
TOUCHMARK BANCSHARES, INC. AND SUBSIDIARY Consolidated Financial Statements December 31, 2017 and 2016 (with Independent Auditor s Report thereon) To the Board of Directors and Stockholders Touchmark Bancshares,
Complying with CECL. We assess five ways to implement the new regulations. September 2017
Complying with CECL We assess five ways to implement the new regulations September 2017 Analytical contacts Manish Kumar Director, Risk & Analytics, India manish.kumar@crisil.com Manish Malhotra Lead Analyst,
TD Group US Holdings LLC TD Bank, National Association TD Bank USA, National Association
TD Group US Holdings LLC TD Bank, National Association TD Bank USA, National Association Dodd-Frank Act Stress Testing Results Supervisory Severely Adverse Scenario June 21, 2018 Overview The following
Commercial Credit Risk Analysis and Approval: Behind the Scenes. January 21, 2016
Commercial Credit Risk Analysis and Approval: Behind the Scenes January 21, 2016 Comerica Bank Presenters Joyce Conley, CTP, Vice President, Treasury Management Sales Joyce joined Comerica Bank in 2012
Community First Financial Corporation
Independent Auditor s Report and Consolidated Financial Statements Contents Independent Auditor s Report... 1 Consolidated Financial Statements Balance Sheets... 3 Statements of Income... 4 Statements
Solvency II Detailed guidance notes for dry run process. March 2010
Solvency II Detailed guidance notes for dry run process March 2010 Introduction The successful implementation of Solvency II at Lloyd s is critical to maintain the competitive position and capital advantages
MANAGING CREDIT RISK IN CHANGING TIMES
MANAGING CREDIT RISK IN CHANGING TIMES Aruna Fernando Assistant General Manager Credit Risk, Seylan Bank PLC A ship in the harbour is safe, but that is not what ships are built for. John A. Shedd Credit
Proposed Statement of Financial Accounting Standards
NO. 1700-100 JUNE 24, 2009 Financial Accounting Series EXPOSURE DRAFT Proposed Statement of Financial Accounting Standards Disclosures about the Credit Quality of Financing Receivables and the Allowance
September 14, File Reference: Exposure Draft Financial Instruments: Classification and Measurement. Dear Sir David Tweedie:
1120 Connecticut Avenue, NW Washington, DC 20036 1-800-BANKERS www.aba.com World-Class Solutions, Leadership & Advocacy Since 1875 Michael L. Gullette VP Accounting & Financial Management Phone: 202-663-4986
Lending TRAINING AND EVENTS. aba.com/lendingtraining
Lending TRAINING AND EVENTS aba.com/lendingtraining Enhance your lending expertise. Adapt to a dynamic economic landscape through sound lending practices, underwriting considerations and regulatory risk
Citizens Financial Group, Inc. Dodd-Frank Act Mid-Cycle Company-Run Stress Test Disclosure. July 6, 2015
Citizens Financial Group, Inc. Dodd-Frank Act Mid-Cycle Company-Run Stress Test Disclosure July 6, 2015 The information classification of this document is Public. Page 1 Table of Contents 1. Introduction...
Best Hometown Bancorp, Inc. (Exact name of registrant as specified in its charter)
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q Quarterly Report Pursuant To Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended
New and revised Standards -Applying IFRS 9 Presentation by: CPA Stephen Obock December 2017
New and revised Standards -Applying IFRS 9 Presentation by: CPA Stephen Obock December 2017 Uphold public interest IFRS 9 What are the key changes? What are the transition requirements? Presentation agenda
Citizens Financial Group, Inc. Dodd-Frank Act Stress Test 2015 (DFAST 2015) Company-Run Stress Test Disclosure. March 11, 2015
Citizens Financial Group, Inc. Dodd-Frank Act Stress Test 2015 (DFAST 2015) Company-Run Stress Test Disclosure March 11, 2015 The information classification of this document is Public. Page 1 I. Introduction...
FINANCIAL INSTITUTION GOVERNANCE AND REGULATION SERVICES EXPERTS WITH IMPACT
FINANCIAL INSTITUTION GOVERNANCE AND REGULATION SERVICES EXPERTS WITH IMPACT In today s highly competitive and heavily regulated environment, financial institutions are challenged to remain profitable
FASB's new credit impairment model: At a loss for what to do The Dbriefs Financial Executives series
FASB's new credit impairment model: At a loss for what to do The Dbriefs Financial Executives series Bob Uhl, Partner, Deloitte & Touche LLP Jon Howard, Partner, Deloitte & Touche LLP Jonathan Prejean,
ALTAPACIFIC BANCORP CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2010 AND 2009 AND FOR THE YEARS THEN ENDED AND INDEPENDENT AUDITOR'S REPORT
CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2010 AND 2009 AND FOR THE YEARS THEN ENDED AND INDEPENDENT AUDITOR'S REPORT CONSOLIDATED BALANCE SHEET December 31, 2010 and 2009 2010 2009 ASSETS
INFOCUS. A Fundamental Shift in Models Used for Estimating Loan-Loss Reserves. The Importance of Getting CECL Right BY WILLIAN LANG WITH RYAN CHAREST
promontory.com INFOCUS OCTOBER 12, 2018 BY WILLIAN LANG WITH RYAN CHAREST A Fundamental Shift in Models Used for Estimating Loan-Loss Reserves The new U.S. accounting standard for current expected credit
Statement on Climate Change
Statement on Climate Change BMO Financial Group (BMO) considers climate change one of the defining issues of our generation. Everyone, including BMO, bears responsibility for the effectiveness of the response.
Sageworks Advisory Services PRACTICAL CECL TRANSITION EXPEDIENTS VERSUS CASH FLOWS
Sageworks Advisory Services PRACTICAL CECL TRANSITION EXPEDIENTS VERSUS CASH FLOWS Use of this content constitutes acceptance of the license terms incorporated at http://www./cecl-transition-content-license/.
ROYAL FINANCIAL, INC. AND SUBSIDIARY Chicago, Illinois. CONSOLIDATED FINANCIAL STATEMENTS June 30, 2018 and 2017
Chicago, Illinois CONSOLIDATED FINANCIAL STATEMENTS Chicago, Illinois CONSOLIDATED FINANCIAL STATEMENTS CONTENTS INDEPENDENT AUDITOR S REPORT... 1 CONSOLIDATED FINANCIAL STATEMENTS CONSOLIDATED STATEMENTS