2012 New England Loan Loss SurveyDownload 2012 New England Loan Loss Survey In the current economic environment, community bank executives know it is more critical than ever to accurately assess the valuation of their loan loss reserves. Setting loan loss reserves is a topic of increasing interest to the SEC and regulators. Bank CFOs know that clear and transparent disclosure about how they account for their provision and allowance for loan losses has always been critically important. The 2012 McGladrey New England Loan Loss Survey presents community bank executives with the data they need to gauge their loan loss reserves in context with peer institutions as well as to confirm the accuracy of the information upon which they base their accounting decisions. Specifically, the results of the survey provide a snapshot of banks across New England and their loan loss reserve factors, with clear views of data for classified and non-classified loans by asset size. The data is also broken down by components of reserve requirements. Since 2005, community banks have found the data in the McGladrey survey invaluable not only to understand where their institutions stand in comparison to their peers, but to provide analysis support for internal use as well as for regulators. |
Newsletter
Financial Institution Insights delivers news and information critical to community banking professionals. The bi-monthly newsletter tackles issues ranging from IT security to regulatory compliance to operational improvement.
