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Community Bankers’ Bank Webinar Series 2: Understanding and Adjusting Your Pooled Data (Both Life Cycle and Reporting Period)

April 23, 2020 @ 2:00 pm - 3:00 pm EDT


Webinar 2: Understanding and Adjusting Your Pooled Data (Both Life Cycle and Reporting Period)

CECL is about to make a huge difference in banking. The new accounting standard will have an effect on what banks’ financial statements and earnings look like, as well as future lending practices.

This session will focus on selecting and adjusting your historical data regardless of the historical data selected.

  • Understanding how public banks developed their loss history
  • The difference between life cycle and reporting period data
  • How to adjust your data based on the model and historical data selected
  • How collateral dependent loans should be addressed under CECL



Michael Umscheid

President & CEO, ARCSys

Mike has been providing accounting, consulting and auditing services to financial institutions for over 30 years. Considered the “CECL Guru”, Mike was selected by the AICPA to create and deliver their 8-hour CPE course on CECL. He is a past member of the Auditing Standards Board and a published author on Accounting and Auditing for Financial Institutions. Mike has spoken at numerous AICPA conferences as well as other national and local financial institution associations. Mr. Umscheid is also the author of the 8-hour CPE course published by the AICPA for CECL.Mike is currently the President and CEO of ARCSys, a consulting firm that specializes in Allowance for Credit Loss software and CECL. He graduated from Virginia Polytechnic Institute and State University in Blacksburg, Virginia. Mike enjoys working out in the morning before work and loves to cook for his family and friends.


April 23, 2020
2:00 pm - 3:00 pm EDT


Online Webinar


Community Bankers’ Bank
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