Aug. 23, 2010


  • The allowance to delinquency coverage ratio is less meaningful for those CUs whose delinquency is made up of a significant amount of 1st mortgages (because of the level of collateral).

    I would like to see more industry data on a charge off coverage ratio (current allowance versus preceeding 12 months charge offs).


    Mike Welte

    Mike Welte