OFFICIAL PUBLICATION OF THE MISSOURI INDEPENDENT BANKERS ASSOCIATION

Pub. 1 2021 Issue 5

Dates-and-Events

Dates and Events

October Fri., Oct. 1510:00 a.m. – 11:30 a.m.Required Compliance for Commercial Loans Secured by Real Estate Tues., Oct. 192:00 p.m. – 3:30 p.m.Job-Specific BSA Series: Job-Specific BSA Training for Senior Management & Director Wed., Oct. 202:00 p.m. – 3:30 p.m.Top 10 IRA Rollover Mistakes   Thurs., Oct. 212:00 p.m. – 3:30 p.m.Reg E Investigation & Requirements for Debit […]

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Accounting-calculator-cash

The Federal Reserve Offers Community Banks a New Tool to Meet Accounting Change

The Federal Reserve recently unveiled a tool to help small community banks – those with less than $1 billion in assets – comply with a new accounting standard they are required to implement by 2023. The standard is the current expected credit loss (CECL) methodology for setting banks’ loan loss allowances, and the tool is called SCALE, the Scaled CECL Allowance for Losses Estimator.

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Balance-sheet-complete

Balance Sheet, Complete: Investors Have Turned Their Sights on Loan Purchases.

Contrary to a multitude of reports, not all community banks are awash in cash in 2021. A number of ICBA member banks have been able to grow their loan pipelines, or at least maintain their cash positions – which remain annoyingly unprofitable – at manageable levels. Perhaps the avalanche of cash flows from the bond portfolio is past its peak, too, since mortgage rates have moderated somewhat in recent months.

Balance Sheet, Complete: Investors Have Turned Their Sights on Loan Purchases. Read More »