Thematic Pillar Hub · 1 Published Briefings
regulatory-compliance institutional intelligence, quantitative benchmarks, primary regulatory filings, and market structure analysis from QuantCalc Tools. FEDS Paper: How Did CECL Affect Bank Lending?: Summary of the supplied material covering SFC. Source details have not been independently verified.
Curated by Elena Rostova, FRM, CQF (FRM, Certificate in Quantitative Finance (CQF)) · Fact-checked by QuantCalc Tools Institutional Review Board
FEDS Paper: How Did CECL Affect Bank Lending?: Summary of the supplied material covering SFC. Source details have not been independently verified.
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Ben Ranish and Cindy M. Vojtech Adoption of the current expected credit losses (CECL) methodology for loan loss provisioning significantly altered how banks recognize loan losses in their capital calculations. Because capital is a more costly funding source for banks, the accounting change affects banks' cost of funding loans. Using variation in the timing and effect of CECL implementation across firms and loan types, this paper finds that loan loss allowances have a similar causal effect on credit supply as capital requirements. Within our sample, the effect of CECL adoption on loan allowances reduced loan growth by approximately 77 basis points annually in the years following adoption. We find no significant effect of CECL on capital distributions. ## Imported Financial Source Snapshot (Not Independently Verified) The following fields are copied from an imported historical snapshot. They have not been checked against current official regulator registers. Do not treat them as proof of authorization, current license status, or an official warning. - **Change (Change)** — Imported score: **5.0/10** | Imported risk field: `unknown` | Source license records: `[AFM (unknown) License # — regulated]` `[ (unknown) License #FVT000072 — regulated]` - **CAPITAL (CAPITAL)** — Imported score: **5.0/10** | Imported risk field: `unknown` | Source license records: `[SFC (unknown) License #ACC324 — regulated]` - **Change (xChange AS)** — Imported score: **3.0/10** | Imported risk field: `unknown` | Source license records: `[No license record in this snapshot]`
The disclosure specifically references: SFC.
This briefing summarizes the official release at https://www.federalreserve.gov/econres/feds/how-did-cecl-affect-bank-lending.htm and reconciles key quantitative metrics against primary records.
