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Sageworks’ nationwide ALLL discussion series

May 9, 2013
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On Thursday, May 2nd, Sageworks hosted a dinner and discussion event at the Oceanaire Seafood Room in Miami, Florida. David Brown, founding partner at RMPI Consulting and Sageworks consultants discussed how to justify change, unlock capital and increase earnings in the allowance for loan and lease losses with a room full of Florida bank executives.

Last week’s event is the third in a series of banking industry events that make up the 2013 Sageworks Discussion Series on the Allowance for Loan and Lease Losses. Throughout the year, Sageworks is partnering with industry experts and leading consulting firms to host these invitation-only discussion and networking events across the country.

Through this series, Sageworks and our partners are speaking with bank and credit union executives about regulatory issues and developments, common challenges and best practices for managing the allowance for loan and lease losses.

A recap of recent events is provided below.

Miami, FL – Thursday, May 2nd

Title: The Allowance for Loan & Lease Losses: How to Justify Change, Unlock Capital & Increase Earnings
Speakers:
David Brown, founding partner at RMPI Consulting
Sageworks consultants
Event Highlight: Discussion on unlocking capital in the ALLL and when a loan can be moved back to FAS 5 (ASC 450-20) status after being classified as FAS 114 (ASC 310-10-35) status.
 
New York, NY – Thursday, March 14th

Title: The Allowance for Loan & Lease Losses: How to Manage Change & Quantify the Subjective
Speakers:
Joseph Hill, president & CEO at CEIS Review
Elizabeth Williams, managing director at CEIS Review
Michael Lubansky, director of consulting services at Sageworks
Event Highlight: Discussion on how the FASB’s recently-proposed Current Expected Credit Losses (CECL) model would impact ALLL levels and how banks and credit unions should start to prepare. 

Houston, TX – Tuesday, February 26th

Title: The Allowance for Loan & Lease Losses: How to Justify Change & Remove Subjectivity
Speakers:
David Munn, former examiner & director at Briggs & Veselka Co.
Sageworks consultants
Event Highlight: Discussion on how to justify changes to qualitative factors and how to satisfy examiners in this subjective area of the ALLL calculation.

If you would like to nominate your city to host a future discussion series event or if you’re interested in receiving updates about our future events, please email us.

In addition to the discussion series, Sageworks also publishes whitepapers and hosts a series of complimentary webinars with industry experts. Topics include ALLL, stress testing, and credit analysis.

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