Asset and liability management (ALM) is the practice of managing the risks arising from mismatches between assets and liabilities on a financial institution’s balance sheet, while earning a return commensurate…
On September 30, 2014, the NCUA released Accounting Bulletin No. 14-1 regarding the revised reporting standards for modified loans classified as Troubled Debt Restructurings (TDRs). The bulletin was released in…
Discounted cash flow analysis is a common valuation technique and Wilary Winn uses this approach for nearly all of our services. To project lifetime cash flows for a loan, we…
By narrowly defining asset and liability management (“ALM”) as the process of monitoring, managing and anticipating the interest rate and liquidity risks that arise under various interest rate scenarios on…
Update to original November 6, 2013 Post: As expected, on November 25, 2013, FASB endorsed the PCC’s recommended accounting alternatives for goodwill and “vanilla” interest-rates swaps. The final ASUs have…
The Financial Accounting Standards Board recently issued a proposed Accounting Standards Update (ASU), Financial Instruments – Credit Losses (Subtopic 825-15), which introduces the concept of the Current Expected Credit Loss…
Demand for vehicle loans has been increasing as the recovery gains ground. Vehicle lending trends over the last couple years include an increase in sub-prime lending, higher LTVs at origination,…
As part of the changes required by Dodd-Frank, effective January 1, financial institutions can no longer rely solely on the rating agencies to assess the risk of the investment securities…