Knowledge Center

Latest Events & Webinars

2022 ValuCast User Group & Conference (Rescheduled until 2023-TBD)

Resources: Insight Unlocked

CECL

Sep 15, 2022

CECL 2022 Mid-Year Review

As part of an annual study that began in 2020, Valuant conducts analysis on ASC 326, commonly referred to as “CECL”. The study contains key data statistics and insights around the US Regional and Community Banking sectors and the impact CECL has on their Allowance for Credit Loss (ACL) Coverage Ratios.

CECL

Apr 28, 2022

Quantifying the Qualitative

ASC 326 Current Expected Credit Loss (“CECL”) brought many changes to the allowance process but one item remained the same: the need for qualitative factors.

CECL

Jan 18, 2022

Debunking CECL Myths for 2023 Adopters

This whitepaper will take the opportunity to debunk some of the misconceptions or myths in the market surrounding CECL. Our insights come from what we have seen from those institutions that have already adopted CECL as well our clients we are currently assisting with implementation.

Articles: Valuant POV

FASB

Dec 2, 2022

FASB, Changes to CECL: PCD Gross Up

FASB

Apr 1, 2022

FASB Approves CECL Changes

On March 31, 2022 FASB issued an ASU with the intentions of improving the decision usefulness of information provided to key stakeholders about certain loan refinancing's, restructurings, and write-offs.

FASB

Feb 2, 2022

FASB Decides on Proposed Updates

On February 2, 2022 the Financial Accounting Standards Board met on the proposed updates related to the CECL adoption timeline, the elimination of the recognition and measurement of troubled debt restructurings for creditors that have adopted CECL...

Case Studies: Data in Action

Apr 8, 2022

How Loan Review Automation Transformed FirstBank’s Process

FirstBank, an established client, was aware of the reliable products and services Valuant offered. When FirstBank needed to improve their loan review process, they knew that Valuant could be a suitable partner. Their original process included many manual tasks, whereas Valuant's software provided automation, lending greater insights and results.

Mar 17, 2022

How 1st Security Bank Got Ahead of the CECL Adoption Curve

1st Security knew they would have to adopt CECL by 2023. They began their CECL adoption process with Valuant in April 2021 and had a fully implemented solution by January 1, 2022.

Mar 11, 2022

First Mid Discovers Efficiency & Automation with Long-Term CECL Partner

After an unsatisfying CECL adoption process with another provider, First Mid found a long-term solution with all the functionality they required with Valuant.