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  "documentTitle": "First Foundation | Investor Presentation Deck | 47 slides",
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  "presentationDate": "2023-10-01 00:00:00",
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  "notes": "The slide details the specific accounting treatment for credit losses, likely for an investor presentation or financial disclosure.",
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      "text": "Ongoing Impact: Management expects key drivers of provisioning and reserving under CECL standard going forward to include: Replenishment of reserves for net charge-offs, Change in portfolio size and composition, All other macroeconomic variables and loan level characteristics. Ongoing reserve levels will continue to utilize quantitative and qualitative information.",
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      "text": "CECL Methodology: Probability of Default (\"PD\") and Loss Given Default (\"LGD\") term structure approach for majority of loan portfolio (97% of Non-PCD portfolio) with Loss Rate approach for remainder of Non-PCD loan portfolio. PCD loans associated with the TGR Financial acquisition were individually assessed for credit losses based on methodologies consistent with the CECL standards. Reasonable and supportable forecast period of 2 years using a weighting of Moody's consensus and alternative economic scenarios. Reversion to long run historical PDs and LGDs after 2 year period.",
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      "text": "Reserves: Allowance for Credit Loss of 28 bps of loans held for investment includes a net increase of $2.29 million in 3Q23 as a result of a $3.46 million decrease in reserve on loans and $682 thousand specific reserve release related to PCD loans, partially offset by an increase of $153 thousand related to impaired loans and an increase of $1.7 million in qualitative adjustments to the loan portfolio to reflect current market conditions and the effect of high interest rates. The increase of allowance to remaining loan portfolio is mainly due to adjustments in economic assumptions in the models.",
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      "text": "Current Expected Credit Losses (\"CECL\")",
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