Webinar: The CECL Journey - First CECL Lessons Learned for Community Banks
We are pleased to present this recording of our most recent webinar in the CECL Journey series: "First CECL Lessons Learned for Community Banks"
This year, Public Business Entity (PBE) Banks who must be CECL compliant in 2020 started their parallel runs. Running actual community bank portfolio data through the CECL models has surfaced some interesting results – and some important best practices to know.
In this webinar, Peter Cherpack, EVP and Partner of Ardmore shared some of these initial findings and outlined the Regulators' most recent guidance on CECL and made suggestions as to how community banks can prepare themselves to meet or exceed regulatory expectations in this evolving area.