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Acronymfinder

What does ALLL stand for?

ALLL stands for Allowance for Loan and Lease Losses


This definition appears very rarely and is found in the following Acronym Finder categories:

  • Business, finance, etc.

See other meanings of ALLL

Samples in periodicals archive:

For further guidance, institutions should refer to the July 12, 1999, Joint Interagency Letter to Financial Institutions on the allowance for loan losses, as well as the July 2, 2001, Interagency Policy Statement on Allowance for Loan and Lease Losses (ALLL) Methodologies and Documentation for Banks and Savings Institutions.
For further guidance, institutions should refer to the July 12, 1999, Joint Interagency Letter to Financial Institutions on the allowance for loan losses, as well as the December 1993 Interagency Policy Statement on the Allowance for Loan and Lease Losses.
Huntington Bancshares Incorporated Quarterly Loan and Lease Loss Reserve and Net Charge-off Analysis 2003 (in thousands) Third Second First Allowance for Loan and Lease Losses, Beginning of Period $340,947 $337,017 $336,648 Loan and lease losses (43,261) (49,985) (40,265) Recoveries of loans and leases previously charged off 10,487 8,929 7,429 Net loan and lease losses (32,774) (41,056) (32,836) Provision for loan and lease losses 51,615 49,193 36,844 Allowance of assets (sold) / purchased --- (3,477) (2,981) Allowance of securitized loans (a) 10,347 (730) (658) Allowance for Loan and Lease Losses, End of Period $370,135 $340,947 $337,017 Allowance for loan and lease losses as a % of total loans and leases 1.
The bank's third-quarter net income of $312,000 was primarily due to a net recovery of the allowance for loan and lease losses of $190,000, gains on sale of investment securities of $239,000, and a reduction of the valuation allowance for deferred tax assets of $300,000, partially offset by core operating losses of $149,000, an allowance for unfunded loan commitments of $238,000, and extraordinary regulatory costs of $30,000.