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Banker Resource Center

Current Expected Credit Losses (CECL)

For all institutions, early application of the CECL methodology is permitted for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Until the new standard becomes effective, current U.S. generally accepted accounting principles (GAAP) along with related information on the allowance for loan and lease losses (ALLL) applies.

CECL Effective Dates

Entity Type CECL Effective Date
SEC filers, excluding entities eligible to be smaller reporting companies (SRCs) Fiscal years beginning after 12/15/2019, including interim periods within those fiscal years
All other entities, including SRCs Fiscal years beginning after 12/15/2022, including interim periods within those fiscal years

Supervisory Resources

Frequently asked questions, advisories, statements of policy, and other information issued by the FDIC alone, or on an interagency basis, provided to promote safe-and-sound operations.


Informational videos and recordings of prior webcasts and teleconferences.

Current Expected Credit Losses (video for Bankers and Directors)

Interagency Webcasts:

To access the following interagency webinars, including related presentation materials, for community banks, including related presentation materials, click on the applicable webinar below and follow the instructions under Presentation Materials.