I agree with Lexie and Rory. The actual loss should have been recognized in the year it occurred. The only real impact to "cash flow" in the current year would be a reduction in tax liability, but I would think that would be difficult to analyze consistently. ...
Katherine, I would be very interested in a copy of your procedure manual for spreading, etc. Thank you! Kathleen ------------------------------ Kathleen Lewis EVP & CCO Idaho First Bank Boise ID (208)493-5652 ------------------------------
Curious of any members have switched from nCino to Finastra's Credit Quest. My company, a de novo bank, is evaluating both. Happy to take this off-line. I can be reached at wbudd@triadbusinessbank.com Thanks ------------------------------ William ...