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FDIC Atlanta Region Regulatory Conference Call

Current Expected Credit Losses (CECL) Methodology: 2018 Status Update

Thursday, September 27, 2018
10:00 AM to 11:30 AM Eastern Time

On June 16, 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments. This new accounting standard introduces the current expected credit losses methodology (CECL) for estimating allowances for credit losses, which will replace today’s incurred loss methodology when the new standard takes effect. On June 17, 2016, the FDIC and the other federal financial institution regulatory agencies issued a Joint Statement on the New Accounting Standard on Financial Instruments - Credit Losses to provide information about the FASB’s new standard, including initial supervisory views regarding the implementation of the CECL methodology by the financial institutions supervised by the agencies. This CECL presentation will address the key elements of the new accounting standard, discuss recent supervisory developments in response to CECL, and describe what institutions should be doing to plan and prepare as the effective date for CECL approaches.

The presentation will be followed by a question and answer session. Questions may also be submitted in advance or during the call to

Who Should Attend

The conference call is open to FDIC-supervised institutions in the Atlanta Region (i.e. state nonmember banks located in Alabama, Georgia, Florida, North Carolina, South Carolina, Virginia, and West Virginia). Bank directors, officers, and staff members are welcome to participate in the conference call.

Registration Information

Please complete the online registration form to receive the teleconference phone number and passcode. If you need assistance with the registration process, please send an email to and include your name, title, and bank name/location.

Note: Please register by September 25, 2018 to reserve your telephone line.

Presentation Materials

Current Expected Credit Losses (CECL): 2018 Status Update - PDF (PDF Help)