Elliott Davis Decosimo Banking and Financial Services Articles

Will you be ready for the CECL Model?

November 18, 2015

The long awaited and deliberated effective dates for the Current Expected Credit Losses (CECL) impairment model have been decided. Regardless of your size, if you are a filer with the Securities and Exchange Commission, you will be required...

Community Banking Advisor: Guidance issued on regulatory capital rules

November 4, 2015 by BANK Wire

Abstract:   This issue’s “BANK Wire” reports on new guidance about the regulatory capital rules, the FASB’s new credit impairment model and auditor-independence requirements for banks. Recently, the OCC, Federal Reserve and FDIC issued answers to frequently asked questions (FAQs)...

Community Banking Advisor: When push comes to shove

November 4, 2015 by Maximizing your bank’s noninterest income

Abstract:   Small interest margins have put a squeeze on the bottom line for some banks. Maximizing a bank’s noninterest income may be the difference between a profitable year and a lackluster one. This article discusses common sources of noninterest...