Deputy Seminar, Denver, CO

CECL Examination Workprogram/questionnaire

• Issued July 2018 • State, FDIC, and Federal Reserve • 3 Sections – Institutions Info – Management Discussions – Examiner Conclusions (based on conversations with bank) • Submission of Questionnaires

– FRB – ceclexamq@frb.gov – FDIC – ceclexamq@fdic.gov

• Aggregate Data sharing

Recent Agency Policy changes…. • Liquidity Monitoring—FDIC

• Matters Requiring Board Attention/Bank of Anytown--FDIC

• CRE—FDIC and Federal Reserve

• CECL—All agencies

• Appraisal Waiver Process—All agencies

• Economic Growth, Regulatory Relief, and Consumer Protection Act