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Are You Financing OREO Property?
Reading Time: 3 minutes Beginning in 2019, with the issuance of Accounting Standards Update 2014-09, community banks will have to change the way they account for seller financing of …
GAAP Update: New Lease Standards will Affect Banks
Reading Time: 2 minutes Understanding the Impact on Balance Sheets & Borrowers You’ve probably already heard that FASB has updated the new lease standards, but what does the new …
An Ounce of Prevention (or Inspection) will Alleviate Loan Fraud
Reading Time: < 1 minute Now is not the time to waive, omit, or procrastinate solid credit practices – such as inspections, onsite verifications, or similar procedures. An ounce of …
Read moreAn Ounce of Prevention (or Inspection) will Alleviate Loan Fraud
