ALLL


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ALLL

Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
References in periodicals archive ?
These recoveries, offset by charge-offs of $19,000 during the quarter, contributed to an increase in its ALLL balance.
* It is a consistent and easy way to talk about credit risk throughout the life of the loan, from underwriting to calculating ALLL
During the year ended September 30, 2014, the bank recorded a negative provision for loan losses of USD5.0 million to reduce the bank's ALLL, consistent with the Bank's ALLL methodology.
Customers of Sageworks' ALLL and stress testing solutions will have the opportunity to attend exclusive user sessions.
Credit unions should form CECL committees, said Aaron Lenhart, a senior risk management consultant at Sageworks, which provides financial analysis software and runs ALLL.com.
The allowance for loan and lease losses ("ALLL") as a percentage of gross loans declined from 1.40% at March 31, 2015 to 1.36% at March 31, 2016.
Deloitte said it has launched its new fintech software Solvas|ALLL+ designed to help banks and credit unions address the current allowance for loan and lease losses (ALLL) process, while preparing for anticipated changes to the Financial Accounting Standards Board's (FASB) current expected credit loss (CECL) model.
During the quarters ended March 31, 2013, and December 31, 2012, the bank recorded negative provisions for loan losses of USD5.6m and USD4m, respectively, which were necessary to reduce the bank's Allowance for Loan and Lease Losses (ALLL) to a level consistent with the bank's ALLL methodology.
Adhering to the new Accounting Standard Update 2010-20 and 2011-02 issued by the FASB, the ACL Calculator calculates the company's Allowance for Credit Losses (previously the ALLL), all while maintaining ongoing compliance with GAAP standards.
The ratio of ALLL to total loans was 0.82% at March 31, 2016, up from 0.78% at September 30, 2015 and 0.74% at March 31, 2015.
Examiners criticized the Allowance for Loan and Lease Losses calculation processes at about one of every six institutions, though only 6% of respondents said examiners required them to take action, required a third-party evaluation or criticized the ALLL level.