References in periodicals archive ?
It is believed that banks have used earnings management in the past and in the lead up to the 2008 financial crisis by manipulating the allowance for loan and lease losses account on the balance sheet.
Did commercial banks use the loan loss provision account to manage earnings around the 2008 financial crisis?
* MANY INTERESTED PARTIES are concerned about the adequacy of depository institutions' (DIs') allowance for loan and lease losses (ALLL) and the timing of these provisions.
The allowance for loan losses: understanding and applying FASB 5
The estimation of the allowance for loan and lease Losses has been a part of the financial institution's accounting processes for years, but it has taken on increased importance over the last several years.
Loan and lease loss estimation challenges
(7.) For further guidance, institutions should refer to the July 12, 1999, Joint Interagency Letter to Financial Institutions on the allowance for loan losses, as well as the July 2, 2001, Interagency Policy Statement on Allowance for Loan and Lease Losses (ALLL) Methodologies and Documentation for Banks and Savings Institutions.
Results of the Shared National Credit review of syndicated bank loans
At the bank above, for example, further cooperation allowed the auditors to evaluate the allowance for loan and lease losses more efficiently.
Auditors and bank examiners: a new era of cooperation; cooperation can lead to more effective bank audits and examinations
As a result, CECL will fundamentally change how banks estimate and calculate their expected credit losses, as well as their allowance for loan and lease losses (ALLL).
First Hawaiian Bank selects AxiomSL's solution
During the quarter ended June 30, 2015, the bank recorded a negative provision for loan losses of USD4.0 million, which was necessary to reduce the bank's allowance for loan and lease losses consistent with the bank's alll methodology.
NASB Financial reports USD4.6m net income in quarter ended June 30, 2016
The results for the quarter ended March 31, 2014, included a negative provision for loan losses of USD5m to reduce the bank's Allowance for Loan and Lease Losses (ALLL) consistent with the bank's methodology.
NASB Financial reports financial results
Nearly a month after the NCUA placed Texans Credit Union in conservatorship, the regulator has begun the process of assessing the adequacy of the cooperative's allowance for loan and lease losses account.
NCUA scrubs Texans books
The Interagency Guidance on Supervisory Account Management and the Allowance for Loan and Lease Losses (ALLL) Methodology for Credit Card Lending.
Publication of the May 2003 update to the Commercial Bank Examination Manual
Our Allowance for Loan and Lease Losses at 03/31/18 was $1,578,492 or 1.27% of total loans.
CMUV Bancorp completes acquisition of fifth branch
During the year ended September 30, 2015, the bank recorded a negative provision for loan losses of USD4.0 million was necessary to reduce the bank's allowance for loan and lease losses (ALLL) consistent with the bank's ALLL methodology.
NASB Financial reports quarterly financials
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