The Eide Bailly CECL Solution is easy to implement and use while still giving you customizable tools for your unique needs. Utilizing a spreadsheet model that uses the vintage analysis methodology, the Eide Bailly CECL Solution:
Is completely customizable to whatever loan pools you have created.
Requires minimal data points while still supporting complex loan portfolios with many risk pools.
Contains tools to analyze loans individually that may either be considered impaired under the new definition or is a loan that does not fit into one of the other risk pools.
Can calculate loan losses for open-ended lines of credit.
Has built-in security features to prevent unwanted formula changes.
When negotiating mergers or acquisitions, due diligence serves as an in-depth review of the target bank organization—both its operations and its people. Much of due diligence involves a review of the quality of the assets to be acquired, but it also…
Mergers and acquisitions among community banks are continuing at a rapid pace. There are many reasons for these transactions: to increase market share, to complete part of a growth strategy, to gain economies of scale, and to attempt to better…