CECL and Your Institution Question Title * 1. In what states does your institution have locations or otherwise serve customers? (Check all that apply.) Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming Puerto Rico and U.S. Territories Question Title * 2. What is the total asset size of your bank? Under $1 billion $ 1 billion to $5 billion $ 5 billion to $10 billion $10 billion to $20 billion $20 billion to $50 billion Over $50 billion Question Title * 3. Who is your primary regulator? FDIC OCC FED NCUA Question Title * 4. How is your institution classified as a business entity? Public Non-PBE Private Question Title * 5. Who is your primary auditing firm? Question Title * 6. What percentage of your total portfolio falls in each category? Commercial loans Commercial real estate, owner occupied Consumer Commercial real estate, construction & land development Commercial real estate, non-owner occupied Other Question Title * 7. For purposes of estimating, how are your loans segmented? (Check all that apply.) By loan product type By collateral type By risk rating By geography By origination vintage Other (please specify) Question Title * 8. Do you use a Loss Emergence Period (LEP)? Yes No Question Title * 9. If you use an LEP, for what loan types? (Check all that apply.) Commercial loans CRE loans Multi-family loans Commercial leases A&D loans Question Title * 10. How would you describe your progress in preparation for and transition to CECL? (Check all that apply.) We have yet to begin preparations. We are having internal discussions/ meetings. We are testing potential CECL-compliant methodologies. We are evaluating third parties to assist us with CECL. We have completed our transition process and are ready for our first CECL allowance estimation. Question Title * 11. What departments of the financial institution are involved in your CECL preparations? (Check all that apply.) Accounting Audit Board of Directors Chief Administrative Officers Lending Operations Other (please specify) Question Title * 12. Estimating CECL will require more historical data than required by the incurred loss standard. Check all that apply relative to your institution and the required data. We currently have sufficient data. We are compiling internal data and will work with what we have at implementation date. We are compiling internal data and assessing the quality of our in-house data to see if we have sufficient good data. We will need more or better data than we currently have or can compile by implementation date. We are unsure if we have sufficient quantity and quality of data to estimate under CECL. Question Title * 13. What types of data or data fields will you be collecting? (Check all that apply.) loan number borrower number borrower name commitment amount at origination balance at origination origination date renewal date extension date maturity date interest rate at origination current interest rate interest rate type (fixed or variable) loan maturity date current unpaid balance charged-off principal non-accrual interest applied to principal current book balance government guaranteed balance current undisbursed commitment amount loan type purpose code collateral code group code class code call report code NAICS industry codes property type risk rating (all changes and dates of changes) credit score (all changes and dates of changes) current days past due LTV (original, current, date of last change) DSC (original, current, date of last change) NOI (original, current, date of last change) number of times delinquent (30+ days, 60+ days, 90+ days, etc.) date to non-accrual charge-off & recovery information (loan number, transaction date, charge-off amount, recovery amount) default information (loan number, date of default, default reason, balance at default) Other (please specify) Question Title * 14. How far back will you look to gather data? 1 year 2 years 3 years 4 years 5-7 years 8-10 years More than 10 years Not sure Question Title * 15. Do you think CECL will increase or lower your reserves? Increase Lower Stay about the same Question Title * 16. What ALLL methodology do you currently use? (Check all that apply.) Historical Loss Migration Analysis Cash Flow Analysis PD/LGD Other (please specify) Question Title * 17. What reserve methodology are you considering for use under CECL? (Check all that apply.) Historical Loss Migration Analysis Cash Flow Analysis PD/LGD Vintage Cohort Haven't identified potential methodologies yet Other (please specify) Question Title * 18. How else do you expect CECL to impact your institution? (Check all that apply.) Increase cost of compliance Increase complexity of compliance Increase demand on internal resources, including staff Change the types of loans we make Have substantial negative impact on profitability CECL will reduce our loan losses Other (please specify) Question Title * 19. Which of the following is the primary tool you currently use to estimate the ALLL? Excel Software solution Question Title * 20. Which of the following will be the primary tool you plan to use to estimate the allowance under CECL? Excel Software solution Question Title * 21. Our survey is anonymous, but to be entered into the drawing for the $100 Amazon Gift Card, please give your name, email address, and financial institution.This will allow us to contact the winner. Done
