Webinar: Understanding the ALLL for Directors

Wednesday, May 8, 2013

Speaker: David Reed, Reed & Jolly, PLLC

About the Program

Credit quality remains a primary focus of regulatory examinations as balance sheets continue to exhibit the strains of a poor economy, decreased loan demand, and depressed real estate values. One of the primary factors of sound credit practice is the existence of an appropriate Allowance for Loan and Lease Losses (ALLL) and a sound methodology for maintaining adequate reserve levels. Part lending science, part gut instinct, and part speculation, the process of planning for credit risk is an essential element of your credit union’s operations. Put simply, the board needs to understand the magic behind the math. Is your board up to the task? This session will review both the technical and practical aspects of the ALLL process, as well as the need for board supervision of the loan review system and management’s effectiveness in identifying, monitoring, and addressing assetquality problems.

HIGHLIGHTS

Understanding the board’s duties regarding credit quality and reserves
Essential elements of the ALLL process
Maintaining proper policies and procedures
Board documentation requirements
Current examination considerations

Related Files

Printable Brochure (Adobe PDF File)