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ALLL

   Also found in: Financial 0.01 sec.
AcronymDefinition
ALLLAllowance for Loan and Lease Losses
ALLLAlfredLyman Little League (Maine)


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In addition to setting forth supervisory expectations for credit card credit line management, over-limit practices, minimum payments, negative amortization, and workout and forbearance practices, this January 8, 2003, guidance clarifies various reporting requirements related to income recognition and the ALLL.
Questions of ALLL adequacy at DIs and the timing of loan loss provisions often cause controversy, as might be expected given the diversity of interested parties-- management, auditors, regulators, depositors, shareholders and politicians.
A new section contains supervisory guidance on ALLL methodologies and documentation practices.
 
 
 
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