ALLL

(redirected from Allowance for Loan and Lease Losses)
Also found in: Financial.
AcronymDefinition
ALLLAllowance for Loan and Lease Losses
ALLLAlfred Lyman Little League (Maine)
References in periodicals archive ?
Studies have focused on the lending operations of banks during the 2008 financial crisis (Ivashina & Scharfstein, 2008) and studied the loan and lease accounts effect on possible income smoothing or earnings manipulation by bank managers (Kanagaretnam, Lobo, & Yang, 2004), but at the time of this study, there has been no study that showed a direct relationship between bank managers engaging in earnings management through the allowance for loan and lease losses and the 2008 financial crisis.
Analysis of the allowance for loan and lease losses account showed that there was no significance change in the average levels of this account for the years 2006 through 2009.
Given the above list of conflicting demands pertaining to the ALLL that are being placed on financial institutions taken in context with increased regulatory demands in other areas of their operations, it is easy to see how many financial institutions are struggling to put together a comprehensive, systematic and consistent estimation of their allowance for loan and lease losses and to meet the demands of the various constituencies that scrutinize this calculation.
For purposes of this paragraph, international assets may be written down by a charge to the Allowance for Loan and Lease Losses or a reduction in the principal amount of the asset by application of interest payments or other collections on the asset; provided, that only those international assets that may be charged to the Allowance for Loan and Lease Losses pursuant to generally accepted accounting principles may be written down by a charge to the Allowance for Loan and Lease Losses.
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