Boost efficiency and draw income while managing risk in your construction loan portfolio.
Construction loans can be among the riskier loan types in the portfolio. The tedious and manual processes many financial institutions use only magnify this potential problem in the portfolio without proper management and monitoring.
Download the following infographic to see a comparison of construction loan management using a spreadsheet-based system and a software solution.
Check out other related resources:
- Whitepaper: Red flags and warning signs of contractor failure
- Blog: Managing real estate and construction lending risk
Progress implementing CECL is mixed as the Q1 2023 compliance date nears for smaller SEC-reporting banks and private or not-for-profit institutions.
Here are major findings related to banks, based on Abrigo’s survey of executives, credit and allowance leaders, and other finance staff.
Download the infographic to learn:
- Where banks are in their implementation process
- The top 3 challenges facing banks in their transition
- The impact of CECL on banks’ reserves
Aggressive lending goals, greater customer expectations, and changing markets. Having the right lending and credit staff is critical for financial institutions this year and beyond.
Abrigo recently surveyed about 170 lending and credit risk professionals about staffing in their financial institutions. Download this infographic to learn the major findings.
Check out other resources:
Guide: Best practices for purchasing bank or credit union software
Whitepaper: 5 Big banking issues for 2022 and what they mean for financial institutions
Whether you are putting together a return on investment (ROI) calculation to support your purchase of software or looking for ways to streamline your construction loan administration process, it can be helpful to understand the benefits of automation in construction loan monitoring.
Download this infographic to learn about the 10 key ways construction loan management software can save you valuable time.
Check out other construction lending resources:
- Webinar – How to manage a high-performing construction loan portfolio
- Blog – Construction loan monitoring decreases loan defaults
In the current environment, core deposit analysis is crucial for helping banks and credit unions remain competitive and profitable. Updated core deposit analytics provide the data for critical assumptions used in asset/liability models (ALM), and impact the overall risk management strategies at a financial institution. In this infographic, learn 6 key reasons to update an institution’s core deposit analysis.
Download to learn:
- How core deposit analysis can aid your financial institution
- Benefits of capturing trends and changes in your customer base
- The importance of core deposit studies in rising rate environments
This resource is part of the series ALM 101: Introduction to Asset/Liability Management.
A key component of effective asset/liability management (ALM) is managing risks. For many financial institutions, an income simulation model is a fundamental method for measuring short-term interest rate risk exposure. This infographic lays out the five steps to building an effective income simulation to help manage inherent risk to a financial institution’s earnings.
Download to learn:
- How to effectively measure risk with an income simulation model
- The five crucial steps for building the model
- Questions to consider once the simulations have been completed
This resource is part of the series ALM 101: Introduction to Asset/Liability Management.
Small business lending can generate crucial growth for a bank or credit union. For a properly functioning, safe, and growing small business loan portfolio, follow these best practices described by John Barrickman, Principal of New Horizons Financial Group, during a small business lending webinar hosted by Abrigo.
Download to learn:
- Critical elements of a loan policy related to small business lending
- What role the application process plays in a successful program
- The importance of an advisor-like relationship
Check out other small business lending resources:
- Webinar – Win More Deals: Small Business Lending Best Practices
- Whitepaper – Small Business Lending is a Big Opportunity
Adopting the current expected credit loss standard (CECL) will require a well-planned strategy and ample time dedicated to the operational and technical transition. For acquisitive financial institutions, the required efforts might be elevated, as CECL will change how public and private financial institutions account for these acquired assets. This infographic describes the four critical changes related to purchased assets under CECL, as well as a common misconception.
Download to learn:
- The impact CECL has on accounting for impaired loans
- Changes in how acquired assets are defined
- Adjustments to consider for the due diligence phase
- Common misconception related to CECL and business combinations
Asset/liability management is a crucial process designed to maximize an institution’s profitability while managing risk. The broad goal of ALM is to help produce sustainable earnings without compromising other interests of the institution. This infographic breaks down the goal of ALM into three key objectives.
Download to Learn:
- Key profitability outputs ALM measures
- Measured metrics that drive profitability
- Types of risk to consider
- Regulatory expectations
This resource is part of the series ALM 101: Introduction to Asset/Liability Management.
Adopting the current expected credit loss standard (CECL) has been a low priority for some financial institutions. However, the 2023 deadline for implementation is right around the corner. This infographic provides an overview of the vital steps financial institutions need to take for a successful CECL transition.
Download the infographic to learn:
- Critical steps to get your institution compliant
- Expectations from examiners
- Key considerations for your transition
