Bank Accounting & Finance articles from June 2007

Bank Accounting & Finance archives from June 2007

Precursors of nonperforming loans in large domestic banks in the United States: is there a relationship between reported tightening of credit standards and deterioration of credit?(Federal Reserve Board survey)
June 1, 2007... Can the information in surveys of senior loan officers of large domestic banks conducted by the Federal Reserve Board (FRB) be used as a precursor of patterns followed by nonperforming loans (NPLs) of the large domestic banks in the United...

Successful Sarbanes-Oxley Section 404 strategies for nonaccelerated filers: with compliance for nonaccelerated filers looming for the Sarbanes-Oxley Act, smaller financial institutions should be encouraged to prepare now.(Securities and Exchange Commission and Public Company Accounting Oversight Board )
June 1, 2007... Financial institutions and other companies that are defined as "nonaccelerated filers" for purposes of the Sarbanes-Oxley Act of 2002 ("SOX") have had their required compliance date deferred many times during the last several years. Recently,...

An index of risk management and value creation: a simple metric integrates capital, earnings and risk.
June 1, 2007... From managers of a thrift institution with $100 million of assets to managers of a bank with $1 trillion of assets, all are concerned with identifying, measuring, monitoring and controlling risk. Bank and thrift institutions judged more risky...

SFAS No. 158: a reform of pension liability recognition: what will be the effect on pension cost of the implementation of FAS-158?(Statement of Financial Accounting Standards)
June 1, 2007... Measuring pension cost and liability has been controversial for several decades. The Financial Accounting Standards Board (FASB) issued Statement of Financial Accounting Standards (SFAS) No. 158, Employers" Accounting for Defined Benefit...

An examination of mortgage loan servicing rights and fair value accounting: what is the reaction of the equity market to the recognition of mortgage-servicing rights on an entity's balance sheet?
June 1, 2007... What is the relationship between the market value of equity for publicly traded mortgage banking firms and the recorded value of their mortgage loan servicing rights (MSRs)? MSRs are an intangible asset on the balance sheet of mortgage banking...

Banking agencies develop sound risk management practices to address concentrations in commercial real estate lending: the agencies respond to increased concentrations in commercial real estate loans.(Regulatory Update)
June 1, 2007... The Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System (FRB) and the Federal Deposit Insurance Corporation (FDIC) (collectively, the banking agencies), recently issued joint interagency...