CECL Industry Update – CECL Calculations and How Life of Loan, Loss Calculation Methodologies and Co
We are proud to present the latest whitepaper in our CECL Industry Update series – “CECL Calculations and How Life of Loan, Loss Calculation Methodologies and Components Can Impact ACL Amounts for Community Banks.
In this whitepaper, Peter Cherpack, Senior Director of Ardmore Banking Advisors’ Credit Technology Group and a nationally recognized thought leader on CECL and stress testing, presents one of the first documents on CECL that contains “hands-on” findings, gained through running actual bank data through the models and calculations. This has allowed Mr. Cherpack to begin identifying early Best Practices for the new process.