Troubled Loan Modifications: Evaluating, Tracking & Reporting
On-Demand Webinar
StreamedJun 25, 2024Duration90 minutes
- Unlimited & shareable access starting two business days after live stream
- Available on desktop, mobile & tablet devices 24/7
- Take-away toolkit
- Ability to download webinar video
- Presenter's contact info for questions
From nixing TDRs to implementing TLM evaluations, this timely topic will teach you the latest on the Accounting Standards changes.
Learn the differences between
the two, including the new TLM tracking and disclosure requirements, qualified
borrower circumstances, and more. Get the expert insight you need to evaluate,
track, and report troubled loan modifications.
AFTER THIS
WEBINAR YOU’LL BE ABLE TO:
- Explain the new troubled loan modification (TLM) evaluation process
- Identify borrower circumstances that could indicate financial difficulty
- Distinguish between an insignificant payment delay and a direct change in contractual cash flows
- Recognize the different accounting treatments under the current expected credit losses (CECL) methodology
- Understand the new TLM tracking and disclosure requirements
- Implement best practice recommendations
WEBINAR DETAILS
It was exciting news when the Accounting Standards
Update No. 2022-02, Financial Instruments – Credit Losses (Topic 326)
eliminated the accounting guidance for troubled debt restructurings (TDRs).
However, we now must consider, evaluate, track, and report loan modifications for
borrowers experiencing financial difficulty. What’s the difference you ask? This
session will answer this question and provide the resources needed to evaluate
future loan modifications. Bring your questions!
WHO SHOULD ATTEND?
This informative session
is designed for lending professionals, collections personnel, loan modification
staff, and those responsible for loan modification accounting and reporting.
TAKE-AWAY TOOLKIT
- TLM evaluation checklist
- Useful website links to regulatory and accounting guidance
- Employee training log
- Interactive quiz
- PDF of slides and speaker’s contact info for follow-up questions
- Attendance certificate provided to self-report CE credits
NOTE: All materials are subject to copyright. Transmission, retransmission,
or republishing of any webinar to other institutions or those not employed by
your institution is prohibited. Print materials may be copied for eligible
participants only.
TESTIMONIALS
"Very detailed and informative."
- Lesa, Bank of Tennessee
"The information presented was probably the best review of what is required for TLMs and their reporting. Very useful and presented in a way that makes sense to bankers (and not just auditors)."
- Nicole, American Bank & Trust
"The speaker took time to answer specific questions which was helpful. He also went through specific TLM examples which helped as well."
- Angela, First Utah Bank
"The webinar provided very current information and Steve answered the attendees' questions very well."
- Baber, American National Bank
"Steve did an incredible job presenting the information and answering all the questions. This has been an incredibly vague topic since it came out and he cleared the muddy waters! Very excellent presentation!"
- Heather, First Service Bank
Presented By
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