Office of the Comptroller of the Currency - Ensuring a Safe and Sound Federal Banking System for All Americans Site Map | Text Size: S M L

BankNet

BankNet
More resources for national banks

Allowance for Loan and Lease Losses (ALLL)

Under generally accepted accounting principles, banks must maintain an allowance for loan and lease losses that is adequate to absorb estimated credit losses associated with their loan and lease portfolios. Follow the links on this page for accounting resources and regulatory resources related to the ALLL.

See also Accounting

References

OCC=Bulletin

Allowance for Loan and Lease Losses (OCC 2006-47, December 2006), Interagency Statement, Q&A
Revises the 1993 policy statement on allowance for loan and lease losses issued by the federal financial regulatory agencies