Take Steps to Protect Your 2021 Profits

Take Steps to Protect Your 2021 Profits

The largest potential impact to a bank or credit union profitability occurs when there is a larger than normal charged expense to the Allowance for Loan and Lease Losses (ALLL) resulting from rising problem loans. With PPP business stimulus ending, commercial loan and...
Stress Testing and Projects Help Forecast Problem Credits

Stress Testing and Projects Help Forecast Problem Credits

A part of reviewing a borrower’s credit is forecasting “what could happen next?”  In the next several weeks, borrowers will be providing their updated tax returns as we approach the July 15th filing deadline, and community financial institutions will have their credit...