CARES Act
- March 27, 2020
Congress has passed a $2.2 trillion stimulus package to support the economy during the virus pandemic. The President has indicated that...
COVID-19 and Your Bank’s Credit Administration
- March 27, 2020
We have been receiving ongoing questions from financial institutions on how to work through the issues their customers are facing as...
COVID-19 Update: Loan Modifications for Banks
- March 25, 2020
On March 22, 2020, regulators released an interagency statement on loan modifications by financial institutions working with customers affected by the...
Auditing Remotely
- March 24, 2020
COVID-19 has changed many things in a short amount of time. This includes the way we work and interact with one...
Strategies for Dealing with Everyday Banking Operations
- March 20, 2020
Many of the banks I have as clients have been telling me some of their strategies for dealing with everyday operations....
How to Prepare for LIBOR Replacement
- May 23, 2019
The London Interbank Offered Rate, or LIBOR, has been used for decades as the benchmark interest rate for many bank loans, including commercial and small business loans. But regulators have...
Tax Reform: Three Provisions That Could Affect Borrowers
- May 20, 2019
Most of the changes enacted by the Tax Cuts and Jobs Act took effect in tax year 2018. So the current tax-filing season is...
Capital Regulations Proposed on Certain Commercial Loans
- March 19, 2019
Last May, Congress passed the Economic Growth, Regulatory Relief and Consumer Protection Act (EGRRCPA). To conform the regulatory definition of HVCRE...
Get Ready for These Three Accounting Pronouncements
- March 15, 2019
In the world of accounting pronouncements, it can sometimes take years from the time a pronouncement is made until it becomes...