AICPA Clarity Project Redrafts AU Sections

  • January 28, 2013

In 2004, the Auditing Standards Board (ASB) began an effort to clarify Generally Accepted Auditing Standards (GAAS). This effort has come...

Regulatory Update: Should Banks Be Lowering ALLL Reserves?

  • January 28, 2013

With signs in recent months that the economy may be gaining some steam, many banks have begun reducing their Allowance for...

Agriculture Lending: Is It Déjà Vu All Over Again?

  • January 28, 2013

Agriculture lending presents sort of a conundrum for commercial lenders today. While there is certainly plenty of opportunity for community banks...

Accounting for OREO and Foreclosed Assets

  • July 20, 2012

Foreclosing on assets pledged as collateral is usually the last step a bank will take with borrowers who are delinquent in...

Should You Participate in Participation Loans?

  • July 20, 2012

Many community banks rely on participation loans as a source of alternative funds for lending. Selling participation loans may enable banks...

Give SBA Loans a Second Look

  • July 20, 2012

While it doesn’t always feel like it, the United States has officially been out of recession for three years now. And...

FASB Offers Guidance on TDRs

  • April 16, 2012

Efforts by financial institutions over the past couple of years to modify loan terms for some small business and commercial real...

The Impact of Financial Reform – Are Community Banks an Endangered Species?

  • April 16, 2012

When the Dodd-Frank Wall Street Reform and Consumer Protection Act was first passed in the summer of 2010, there was a...

Putting Loans on the Books -Targeting Nonprofits and Medical Practices

  • April 16, 2012

There’s no question that the past few years have been a difficult period for banks — perhaps the most difficult since...