ALLL CONSULTING

With problem loans increasing, profits sagging, and new capital hard to find, getting the Allowance for Loan and Lease Losses (ALLL) right is more important than ever. Synergy helps financial institutions better understand how to manage this critical component of the credit risk management program, including how to address ASC 450 (formerly SFAS 5), historical loss data, qualitative factors (“Q-factors”), ASC 310 (formerly SFAS 114), identify loans and measure impairment.

Credit Risk Management

AN EFFECTIVE LOAN REVIEW SYSTEM PROMPTLY:

Identifies credit weaknesses
Verifies the appropriateness of the loan classification or credit grade
Identifies portfolio trends
Evaluates credit policy effectiveness; and
Provides management with accurate and timely information for regulatory reporting and determination of the ALLL

Loan Review should be a process to detect weaknesses in the various levels of an institution’s credit initiation and underwriting.

Contact Us Today

ANCIN COOLEY

224.475.7551

client Testimonials

Ancin possesses remarkable analytical and strategic thinking in today \'s tough banking environment. He has tremendous knowledge of rules and regulations. Mr. Cooley has the ability to communicate with respect and serve as an exceptional liaison between examiners, executive management and the Board. I highly recommend his talents.

Richard Willey
CEO and President, American National Bank of DeKalb
We are pleased to recommend Synergy Bank Consulting, Inc. They have helped us to proactively respond to themany new regulatory challenges created by the economic downturn.

Randall S. Svendsen
Chairman National Bancorp, Inc
Our bank has had a relationship with Mr. Cooley for the past four years. He has assisted us in our Loan Review process and we have utilized his expertise in interpreting Regulatory Guidance during some very difficult times. Mr. Cooley has the ability to defend his position through his experience in the Regulatory Environment and now in the Private Sector.

Chuck Kaiser
Senior Lender National Bank and Trust of Sycamore