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Veritex will take advantage of accounting rules in its deal for Green Bancorp, a larger bank with lingering energy exposure.
July 26 -
Despite impending data requirements, many small banks are still struggling with automating loan risk calculations.
January 9 -
The accounting board has scheduled a meeting that bankers hope will produce eleventh-hour modifications to reserving requirements.
June 6 -
First Commonwealth in Pennsylvania is turning to a third party’s specialized software as the CECL standard makes forecasting credit losses more complicated. Other banks could follow.
April 4 -
KPMG said Webster did not properly document a change in the way it calculates its provision for loan losses. The bank does not expect to restate its results or incur any meaningful increase in costs because of the problem.
March 2