Make fast, accurate work of calculating loan and lease loss reserves. Use WebEquity® ALLL.
Regulators expect banks to “develop, maintain, and document a comprehensive, systematic, and consistently applied ALLL process.” WebEquity® ALLL helps you do all this, and more – whether you calculate reserves at the holding company, individual bank/charter, or regional levels.
Remove hours and errors from your process.
Now you can cut a time-consuming job down to size and gain confidence in your reserves with your Board, examiners and auditors. WebEquity delivers efficiency in all these areas:
- Compliance with regulatory guidelines
- Automatic data collection
- Accurate ASC 450 (FAS 5) and ASC 310 (FAS 114) calculations
- Informed decision making
- Clear documentation
- Accurate financial reporting
- Centralized information storage
Streamline every task along the way to a justifiable loss reserve.
You can count on WebEquity to make your ALLL process as simple as possible. You’ll have the tools you need to make informed decisions and clearly document your rationale along the way. Here’s how.
Calculating the ASC 450 reserve. WebEquity ALLL automatically collects historical and current data, by loan type, and then applies your subjective criteria to arrive at an accurate reserve calculation for your grouped loan reserve.
Calculating the ASC 310 reserve. The tool uses the three prescribed valuation methods for determining the impaired loan reserve. You can choose the worksheets that suit you best: pre-defined models delivered with the tool or your own organization’s worksheets.
Adjusting the aggregated allowance. Once it combines your ASC 450 and ASC 310 reserves, WebEquity ALLL allows management to make unlimited adjustments to your overall number, accommodating factors such as unfunded commitments, PD/LGD and others.
Comprehensive ALLL analysis. Helps arrive at a justifiable reserve and builds confidence with your Board, examiners and auditors.
Completely documenting your decisions. The unlimited narrative fields in WebEquity ALLL allow you to build confidence among examiners and your Board by providing a detailed rationale for every aspect of your ALLL provision.
Validating your reserves over time. In addition to supporting your present allowance decisions, trend analyses of your past performance and comparisons with other banks provide a platform on which to substantiate your reserves.
Delivering comprehensive reports. Produced online or distributed as standard PDFs, provides a complete set of detailed reports to document details about ALLL allowance, loan loss history, summary information, environmental criteria and more.
Schedule a demo to learn how WebEquity ALLL can help your bank make informed reserve decisions while saving you time and effort.
