Remove 2015 Remove CECL Remove Small Businesses
article thumbnail

Best practices for credit risk management in uncertain times

Abrigo

King recommends more staff training on loan modifications and workouts, particularly for banking staff that came on board after 2015 and may not have any experience with loan modifications. In their hurry to get compliant with CECL, it seems like maybe banks have forgotten the documentation piece. Portfolio Risk & CECL.

article thumbnail

In the news: Are community banks and credit unions overregulated?

Abrigo

Market share of commercial and industrial (C&I) lending fell most dramatically – about 23 percent – along with declines in residential lending and small business loans. There is no doubt regulation will continue to be a hot topic this year given how much it affect internal banking processes as well as customers.