Event Calendar

Thursday, June 10, 2021

Supporting Documentation for the ALLL

Start Date: 6/10/2021 1:00 PM MDT
End Date: 6/10/2021 2:30 PM MDT

Organization Name: Independent Bankers of Colorado

Tara F. Hunter
Email: thunter@ibcbanks.org
Phone: (303) 832-2000

Supporting Documentation for the ALLL
1:00 pm – 2:30 pm MT

The ALLL is not just about calculations – documentation is also critically important because it conveys management’s judgments and conclusions about the ALLL reserve.  This presentation is designed to reinforce the 2001 Interagency Policy Statement and provide fresh perspective on documenting the ALLL.

  • Describe the importance of providing a comprehensive narrative document in conjunction with the ALLL calculation
  • Determine pertinent factors and source documents to include in the ALLL narrative
  • Provide insight regarding the 2001 Policy Statement on Allowance for Loan and Lease Losses Methodologies requirements
  • Understand the importance of a descriptive narrative pertaining to management judgments regarding CECL preparation
  • Confidently present the outcome of the ALLL calculation to the institution’s board, auditors, and examiners
The Policy Statement on Allowance for Loan and Lease Losses Methodologies and Documentation for Banks and Savings Institutions dated July 2, 2001, remains the preeminent guide to ALLL documentation.  Documenting the ALLL calculation is a crucial component to communicating management’s judgments and conclusions regarding the accuracy of the required ALLL reserve.  Building a strong narrative document as a companion to the current ALLL determination will provide the reader (director, auditor, and examiner) with confidence in management’s ALLL calculation and provide a strong starting point as the industry transitions into CECL.
This comprehensive presentation will address documenting management judgments and assumptions in determining the ALLL and provide insight into components of ASC 310 and ASC 450.  Related topics will include documenting management judgment pertaining to valuation timing for impaired credits, defining homogenous pools based on credit risk, and describing qualitative factors, including factor adjustments.
This informative session is best suited for those involved with the ALLL calculation and presentation to the board. Credit personnel not directly involved with the ALLL calculation but who contribute to various components will also benefit, including collection and workout management, valuation management, and portfolio management.
  • Employee training log
  • Interactive quiz
Capital Adequacy & Risk: Regulator Expectations for the Board
on Thursday, July 15, 2021

Aaron Lewis, Young & Associates, Inc.
Aaron Lewis is a senior consultant at Young & Associates, Inc. With over 15 years in the banking industry, his expertise is now dedicated to the lending division of Young & Associates where he assists financial institutions with loan, ALLL, policy, and credit-process and compliance reviews.  He also conducts seminars on credit risk and compliance.
Prior to joining Young & Associates, Aaron was the Vice President Credit Administrator of a community financial institution in southeast Michigan and managed all facets of the lending function, including originations, underwriting, ALLL analysis, servicing, and secondary market compliance.  He holds a Bachelor’s in finance from Michigan State University and graduated from the Graduate School of Banking, University of Wisconsin.

1. Live Webinar Includes
  • Unlimited connections within your institution to the Live Webinar
  • Handout and Take-Away Toolkit
  • Available on desktop, mobile & tablet
  • Presenter’s contact info for follow-up
 2. Recorded Webinar Includes
  • Recording of the Live Webinar
  • Available two business days following Live date
  • Handout and Take-Away Toolkit
  • Available on desktop, mobile & tablet
  • Free Digital Download, yours to keep
  • Share link with anyone at your institution
  • Presenter’s contact info for follow-up
3. Purchase the BOTH Option to receive all the benefits listed above!

Online Registration

Registration is Closed
Closed: 6/10/2021 12:00 PM

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