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.
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...
EXAMS USING SOCIAL DISTANCING
BANK EXAMS USING SOCIAL DISTANCING Social distancing will be changing the examination process possibly from now on. When I was an examiner the majority of my time was spent travelling to banks. The distance to a bank from home did not matter the job had to be done....
Preparing for an Examination in Minutes
PREPARING FOR AN EXAMINATION IN MINUTES Hearing from current and prospective customers that preparing for an exam takes days or weeks of valuable time. I attended a recent meeting with several bankers and I told them that LQAS could create the information needed for...
COVID-19 Supporting Remote Lenders
iPad Loan Assistant is the Next Essential Tool for Lenders COVID-19 Supporting Remote Lenders using LQAS Loan Assistant enables them to quickly navigate the entire portfolio at any location on a LTE iPad. It allows lenders secure access to critical loan and customer...
CIO Outlook – 2018
Advanced CECL Model Now Standard (Free) with LQAS Applied Micro Technology, Inc. is announcing that LQAS now includes our advanced Current Expected Credit Loss (CECL) Model as a standard (free) feature. Our CECL Model extends the dramatic time saving benefits banks...
CIO Review – 2017
Applied Micro Technology, Inc. Pioneering the Future of Banking Applied Micro Technology, Inc. (AMT) is a pioneer in the Document Management Services landscape that developed document tracking in 1984 and has been enterprise imaging since 1990. With their proprietary...