CECL Resource Library

Wherever you are in the CECL process, we have a variety of resources available.

CECL Timeline

The Financial Accounting Standards Board (FASB) has officially stated that the large public business entities needed to comply with Current Expected Credit Loss standard by January 1, 2020. All other institutions have a new effective CECL implementation timeline of January 1, 2023.

FASB has extended the deadline due to the complexity of CECL and is providing institutions extra time to assess their plan to transition to CECL and work through any obstacles. How should you use the extra time? The delay gives you more time to get your data in order and model various methods for your loan groups for your CECL implementation timeline. Leave yourself plenty of time for testing the current loan loss reserve model against the chosen CECL method(s) as well, so you have time to compare results, back test and fix anomalies, as they arise.
CECL Implementation Timeline

CECL Webinars

Where do I Start with CECL? Critical Steps for Success

There is a lot of information to digest on CECL, making it difficult to know where to start. Join PCBB to help you jump start your CECL preparations. In this session, we discuss the critical steps to get started with CECL, including the specific nuances relative to life of loan.

Choosing the Best Methods for CECL: What's Right for My Bank?

Have you started to prepare for CECL yet? According to PCBB’s survey of CFO’s at financial institutions, only 11% felt that their bank was ready for CECL. Join PCBB as we work through live examples of different methods and evaluate the pros and cons.

CECL Methods: How To Defend Your Choices

You’ve selected your methods, but can you defend them to regulators? Whether your loan structures are standardized or complex, selecting the right methodology is not a simple task, and being confident in your selection is a must.

New Expectations For Q Factors With CECL

A new accounting standard means lots of changes, including how qualitative factors (Q Factors) apply. In this webinar, gain an understanding of Q Factors with CECL, and learn how they need to be applied under CECL compared to the incurred loss model.

CECL White Papers

CECL Challenges: Prepayments and Diversification

CECL is different from the current loan loss reserve approach since it includes both probable and projected losses over the life of the loan. Learn how this impacts bankers with a diversified loan portfolio.

Getting CECL Started: Data Inventory and Analysis

The transition to CECL has been called the biggest shift ever to bank accounting by regulators. For bankers, the first step in preparing can be fairly straightforward — if you know what you need and where to go.

Loan Maturity and CECL: The Balance Between Rollover Risk and Reserves

Get prepared for CECL and familiarize yourself with the key concept of Life of Loan, by examining loan maturity and the balance between short and long-term loans.

Recent CECL Articles

Resuming CECL Compliance Planning

With a January 1, 2023 start date it’s time to focus on CECL again. To get you started, we share six steps for completing CECL.

How Will CECL Affect Your Institution’s Securities?

Insight into CECL and HTM, AFS, and trading securities.

CECL Is Still On The Horizon - Three Considerations

With the pandemic, CECL may not be top of mind. So, we have three considerations to keep you on track.

Big Banks Report On CECL

The big banks are reporting on their CECL reserve. Community financial institutions can learn from what they are sharing.

How CECL Affects Bank Investors

Investors are already making adjustments to market valuations, based on how much they project CECL will affect the loan portfolio.

Learning From Fannie And Freddie With CECL

If FNMA and FHLMC adopt CECL compliance all at once, it could mean withdrawing billions of taxpayer dollars from the Treasury in 2020.


CECL FIT™

Full-service Solution + Experts

Our banking experts are ready to guide you every step of the way through your CECL integration with no software to maintain.

Learn more about our CECL solution.

CECL FAQs

Answers to your Current Expected Credit Loss questions

CECL Video

Are Shorter Term Loans Better at Managing Reserves?