Allowance for Loan and Lease Losses / Comptrollers Handbook

Book Cover Allowance for Loan and Lease Losses
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/ Comptrollers Handbook
Publisher: CreateSpace Independent Publishing Platform
Availability:Usually ships in 24 hours
Sales Rank: 3838151
ISBN-10: 1502803933
ISBN-13: 9781502803931


The allowance for loan and lease losses, which was originally referred to as the "reserve for bad debts" is a valuation reserve established and maintained by charges against the bank's operating income. As a valuation reserve, it is an estimate of uncollectible amounts that is used to reduce the book value of loans and leases to the amount that is expected to be collected
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