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To implement CECL, your bank will need a dry run to see how your loans and allowances will fare under the new loss-accounting standard.
For bankers coming to the end of their CECL build phase and now seeing dry runs of reports, some may find dialog with investors picking up too.
Is WARM right for CECL?
Community banks are highly involved in their communities all year long.
There is a lot of information out there on CECL.
The extra data collected for CECL has been found to not only be useful for CECL calculations but also for strategic planning.
As CECL draws closer, only 3% of community banks are ready to implement it.
What can community banks do to keep their business customers in this fierce, non-relenting competitive landscape?
CECL is coming and bank management will need to answer questions from its board of directors as they prepare.
CECL is ticking closer.