Articles
Learn how Loan Quality Assurance System (LQAS) simplifies every aspect of loan portfolio management using breakthrough industry leading technology. Also featured is our industry leadership recognition, industry news, and important product developments.
LQAS SUPPORT FEEDBACK FIRST-LOCKHART NATIONAL BANK
We are starting a new column from our support area. They are in constant contact with our clients to work as a team to improve the bank’s efficiency beyond what they are expecting from us and LQAS. Lockhart: The first bank we will discuss is First-Lockhart...
THE NEXT BIG THING FROM THE REGULATORS
LIQUIDY FAILURES WINDING DOWN AS INTEREST RATES PREPARE TO DROP We are hopefully passing the era of liquidity failures. As a former regulator I only saw problem and closed banks primarily due to documentation and collateral valuation failures. Bank runs...
CIO Review 2023
All financial institutions are now required to adopt the current expected credit losses (CECL) standard for estimating credit loss allowances. The CECL standard is designed to improve the accuracy and transparency of credit loss estimates by requiring financial...
BANKS DESERVE BETTER FROM VENDORS
CURRENT BANKING ENVIRONMENT Increasing regulation, thinner spreads and a questionable economic future are a given in the current community banking world. Piling on problems from vendors is something that can be avoidable. VENDOR PROMISES Dealing with vendors seems...
CLIMATE CHANGE IN BANKING
A DIFFERENT LOOK AT GOING GREEN This is not my day job or particular area of expertise, but I have embraced green technology for a different reason. It is about the money. This is the safest investment I have ever made and is a different look at going green. The...
Are you ready for CECL?
DON'T WAIT UNTIL IT'S TOO LATE!December 31st, 2021 January 1st, 2023CECL IMPLEMENTATION TIMING The latest deadline for most community banks is postponed to January 1, 2023. This also helps everyone. Our model was finished early to assist the banks in playing...
DOCUMENT IMAGING SHORTFALLS
IMAGING PROBLEMS Before covid-19 we visited several banks a month. Some were not happy with their existing imaging systems. They commented on various Document Imaging Shortfalls. My first position in banking was reviewing documentation daily as a regulator. I am...
LOAN MONITORING VS INTEREST SPREAD
CURRENT NET INTEREST MARGINS The fed has rolled rates to near zero again. This tightens the bank's bottom line again. When visiting with bankers in the last months interest rate spreads are almost always the number one concern. Loan monitoring vs interest spread?...
CECL 2.0 – AUTOMATED LOAN GRADING WITH WRITE UPS
CECL ORIGINS CECL appears to be the largest, most painful item on the horizon. This new method for future loan loss accounting has been pushed upon the banking industry by FASB, an accounting group. This is the third or fourth revision in estimating loan losses from...