6SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Shawn Kisana Mr. Kisana is responsible for MBL’s accounting, human resources and other administrative functions of MBL. He is responsible for developing and implementing the accounting policies and procedures that govern … Web: www.mblllc.com Details For better or worse, the Current Expected Credit Loss (CECL) rule is headed to a credit union near you.Partially the offspring of the 2008 banking crisis, CECL is a loan-loss provisioning rule still technically in the developmental stage that will require financial institutions, including credit unions, to forecast all potential losses for loans at the point of origination, as opposed to the current rule that prohibits reserving until a loan loss is deemed probable.It also requires financial institutions to set aside substantial reserves for those losses, which is intended to allow investors a quicker view of the potential costs of a loan over its lifetime. While there are many different voices in the industry, both pro and con, some feel that CECL is good for financial institutions in that it could potentially reduce volatility in earnings over loan credit cycles and requires deeper disclosures than what is found in existing financial reports. When viewed holistically, CECL is essentially geared to better prepare financial institutions for the next big economic downturn.Final rules and regulations for CECL are expected to be completed by late this month and issued in early 2016. Full-blown implementation is expected by 2019.What are the potential impacts to your credit union?Obviously, CECL will require a substantial change in the approach by which credit unions take to their business lending portfolios. And since the ruling is still technically in development, it is impossible to identify every single potential preparation credit unions can take in anticipation of it. However, generalizations based on CECL as it stands now can be made.For example, next year your credit union could do the following to prepare for CECL and its impact on business lending portfolio.Ramp up your loan data collection at all possible levelsWork to gain a deeper understanding of your existing loan data and processesDevelop a “CECL Implementation Task Force” at your credit union that will include representatives from lending, IT, auditing and other key departmentsAs with any other major regulatory change, CECL represents potential headaches for credit unions already struggling to maintain their existing business lending portfolio. A proactive and thought-leading way to prepare for CECL and how it will impact your credit union and its members is to employ the services of a qualified credit union service organization (CUSO) that already brings to the table the expertise, knowledge and staffing to handle it.For more information on CECL and how MBL can help your credit union prepare, please visit www.mblllc.com or call (866) 462-5552 today.
The substitute curled in a delightful 20-yard free kick as the Clarets ended their mammoth goal drought. Riyad Mahrez and Jeff Schlupp twice put the hosts ahead only for the visitors to hit back. Ross Wallace’s stoppage-time stunner rescued a deserved point for Burnley from a 2-2 draw at Leicester. Michael Kightly netted the Clarets’ first goal in 47 days when he cancelled out Schlupp’s opener in the first half. The point lifted the Clarets off the bottom of the Barclays Premier League, though, but they are still winless this season. Leicester remain unbeaten at the King Power Stadium. They made two changes from their 2-0 defeat to Crystal Palace as David Nugent and Esteban Cambiasso dropped out. Cambiasso failed to make the bench, despite being available, as Schlupp and Mahrez started. Burnley were still without the injured Dave Jones, Dean Marney and Nathaniel Chalobah and Ashley Barnes and Stephen Ward replaced Steven Reid and Wallace from their 4-0 loss at West Brom. The Clarets were chasing their first goal in 10 hours and 16 minutes in all competitions going into the game and began brightly, with Lukas Jutkiewicz’s cross too strong for Barnes. Burnley did not show any anxiety because of their drought but lacked the quality to make an early difference. And Leicester’s superior attacking threat was evident when Jamie Vardy’s volley deflected wide and Tom Heaton turned Mahrez’s shot wide after the midfielder’s fine run. Then, on 25 minutes, Wes Morgan’s header was blocked by Ben Mee and Liam Moore’s instinctive prod dropped wide. The hosts were reliant of Vardy’s tenacity to create openings with Leonardo Ulloa quiet before Mahrez intervened on 33 minutes. The tricky Algerian was given too much space and he weaved a cross through to Schlupp who turned in from 15 yards. The Foxes were energised but were undone six minutes later when Burnley scored just their second goal of the season. Scott Arfield was given time to find Jutkiewicz in the area and he nodded down to Kightly to slide in ahead of Kasper Schmeichel. But parity lasted just 97 seconds as Vardy swapped passes with Schlupp and his cross deflected to Mahrez to arrow a far post header beyond Heaton. It was cruel on the Clarets but they responded well and Jutkiewicz glanced Mee’s cross wide soon after the break. Nugent replaced the ineffective Ulloa as Leicester sought a game-clinching third but the visitors continued to press without testing Schmeichel. The keeper was scrambling, though when Jutkiewicz spun on the edge of the box and fired just wide with 16 minutes left. The Foxes struggled to create in the second half but Heaton was forced into a scrambling save in the final minute from Moore’s header. But in the fifth minute of injury time Burnley levelled when Jutkiewicz was felled by Matty James and the midfielder found the top corner from the free-kick. Press Association
CLICK HERE if you are having a problem viewing the photos on a mobile deviceSCOTTSDALE, Ariz.–Every February, baseball players report to spring training to make an all-important announcement.“I’m in the best shape of my life,” they say.Last offseason, Drew Pomeranz wanted to join his fittest baseball brethren, so he tried to cut out salts, butter and oils from his diet. He never felt quite right. Pomeranz struggled through the worst season of his professional career as he dealt …
By: David Lee Sexton, Jr., MSPexels[Books by Caio Resende, CC0]Grief is a universal burden that all of us are forced to endure all too frequently in our lives. For children, the loss of a parent is likely one of the most profound sources of grief imaginable. Unfortunately, children of military service members are at greater risk of having to endure this unthinkable weight. The inherent dangers that service members face are likely on the minds of their family members all too often. Children will worry about the safety of their deployed parent, and spouses’ worries are two-fold; they must worry about the safety of their loved one, and how they will manage their own grief, in addition to the grief of their children, should the unthinkable happen.It may be difficult to comfort children who have experienced parental loss. As adults, we still struggle when faced with grief, and sometimes find it difficult to express how we feel, mourn, and find some semblance of normalcy or hope following tragedy. Can you imagine how much more difficult it must be for young children? Perhaps one of the best ways to help is to ensure that your children do not feel alone. They may have difficulty rationalizing their loss and begin to feel isolated or hopeless. In this case, it may be beneficial to give them something to relate to, so that they can begin to understand the nature of grief itself: it is natural and it affects us all.Black Jack Jetty by Michael A. Carestio follows the story of Jack, whose father tragically loses his life in Afghanistan. The tale chronicles Jack’s struggle to come to terms with his loss, and culminates in Jack learning to cope with his loss through celebration of life and family. The story is inspired by the author’s loss of his own father, and provides a relatable narrative to help children who have lost a parent come to terms with their own loss. Jack’s struggle with his grief is realistic, depicting all the raw emotion one might experience during mourning, to help readers realize their emotions are normal. At the closing of the book, the author provides support to readers and writes about what children can expect while coping with their own loss. To learn more about this useful resource, click here.Want to Learn More?Check out MFLN Family Development’s Podcast Anchored. Episode 13-Handle with Care: Helping Children Cope with Parental Loss. During this episode, Irene McClatchey, Ph.D., discusses the effects of grief on children and how to effectively intervene in order to help them process the loss of a parent through illness, injury, or death. Dr. Irene McClatchey is a Licensed Clinical Social Worker currently serving as an Associate Professor and Director of the MSW program at Kennesaw State University. After an extensive sojourn in hospice, Irene developed children’s bereavement groups and grief camps and designed new treatment tools for work with children experiencing grief. Irene left the clinical arena in 2003 to further her knowledge about children and grief through studies and research.
Mohamed Elneny marks 3 years with Arsenalby Paul Vegas9 months agoSend to a friendShare the loveArsenal midfielder Mohamed Elneny has marked his three-year anniversary with the club.The Egyptian has barely featured under Unai Emery this season, playing just once in the Premier League in the 3-1 win over Burnley just prior to Christmas.And on the three-year anniversary of his arrival at Arsenal, Elneny posted two tweets which caught the attention of fans.He wrote: “The 14th of Jan is a day that will always be engraved in my heart,” tweeted Elneny. “Three years ago, on this same day, I joined the Arsenal family.”I call it family, because it is how it’s like to be here at Arsenal. I’m grateful for every single moment during those three years, the tough moments and the many happy ones.”I’m grateful for the one of a kind fans, for the coaches, for the colleagues who became real brothers, for everyone.. I’m grateful for the past and I’m very much looking forward to the future.” TagsTransfersAbout the authorPaul VegasShare the loveHave your say
TagsPremiership NewsAbout the authorIan FerrisShare the loveHave your say Man City midfielder Silva writes to FA over Mendy tweetby Ian Ferrisa month agoSend to a friendShare the loveManchester City midfielder Bernardo Silva has written to the FA to say he regrets the fact his social media post may have unintentionally caused offence, reports BBC Sport.BBC Sport understands Bernardo personally wrote the letter, which was submitted before Thursday’s 17:00 BST deadline.Team-mate Benjamin Mendy has also written to the FA in support of Bernardo, saying he did not take offence at the posts.Bernardo is adamant he never intended to offend and his posts were not racially motivated.
North Carolina held off 1-seed Virginia in tonight’s ACC semifinal, and if Duke can take care of business against Notre Dame later on, the two in-state rivals will meet for the league’s tournament title on Saturday. If so, Blue Devils AD Kevin White may want to find another seat.White, sitting on press row at the Greensboro Coliseum, was completely taken out by North Carolina big man Brice Johnson near the end of the game. Johnson was chasing down a loose ball and somehow wound up jumping onto the table and accidentally tackling the Duke AD.UNC’s Brice Johnson Tackles Duke AD Chasing Loose Ball #LifeComesAtYouFast http://t.co/qPDeUegWEk— The Cauldron (@TheCauldron) March 14, 2015We have a feeling that North Carolina fans are going to enjoy sharing this one.
The Philadelphia Eagles are 2-0, but they’re living dangerously. The Eagles fell behind 17-0 against Jacksonville on opening day before hanging 34 unanswered points on the Jaguars defense. And Philadelphia was at it again in Monday night’s victory over the Indianapolis Colts. Trailing 20-6 at one point in the third quarter, the Eagles came back to win on a Cody Parkey field goal as time expired.Philadelphia has an average points-per-game margin of +10 so far this season, which ties it for fifth-best in the NFL. If you look at how the Eagles’ games have developed, though, you’d never guess they’d have such a positive scoring margin. To measure this phenomenon, FiveThirtyEight contributor Chase Stuart has created a metric called Game Scripts, which attempts to more accurately measure how the totality of a game played out beyond the final score line. A team’s Game Script in a given game (or season) is its average point margin at any given moment.Against Indianapolis, the Eagles had a Game Script of -4.8, meaning they trailed by nearly five points at any given moment in the game. Needless to say, teams that post a Game Script of -4.8 tend to lose. Historically, only about 17 percent of teams with that particular Game Script win the game in question. But that’s nothing compared with Philadelphia’s game vs. Jacksonville — the Eagles won despite a -7.1 Game Script. Teams with such a negative Game Script tend to win only 9 percent of the time.Adding those two winning percentages up, we’d expect the Eagles to have won just 0.26 games so far this year, based on the degree to which they’ve trailed and the amount of time they’ve spent trailing. That represents a huge difference from their actual win total (two). Through two games, it’s the biggest difference between actual wins and Game Script-predicted wins of any team since 1978 (when the league expanded to a 16-game schedule in 1978).But that gap is probably unsustainable. After all, impressive late-game comebacks aren’t necessarily very predictive of how a team will play in the future. However, I decided to test which statistic was a better descriptor of a team like the Eagles: two actual wins in two games, or 0.26 Game Script-predicted wins?For both metrics, I looked at teams’ two-game starts to the season (excluding strike-shortened campaigns) and their records over the remainder of the season. For example, the average 2-0 team ended up winning eight games out of its next 14. So just from Philadelphia’s record alone, we’d expect them to finish the season 10-6. But the average team with 0.26 Game Script-predicted wins through two games won only 5.9 of their next 14 games, which would yield a predicted record of about 8-8 for the Eagles despite the 2-0 start.I then tested which mixture of actual and Game Script-predicted wins yielded the best prediction about how a team would finish the year. The result? Both variables carry almost exactly the same weight. Accuracy is maximized when predicting a team’s rest-of-season record by giving 50.7 percent weight to that which would be predicted from its actual record, and 49.3 percent to that which would be predicted from its Game Script. (And both variables are statistically significant.)For the Eagles, this means they aren’t quite the team we’d expect from their 2-0 record. But they also shouldn’t have their big average deficits completely held against them. Combining the two metrics, we’d expect them to finish with almost exactly seven wins in their final 14 games, which would yield a record of 9-7.
OSU redshirt junior right fielder Jacob Bosiokovic (17) gets ready to swing during a game against Bethune-Cookman on April 2 at Bill Davis Stadium.Credit: Edward Sutelan | For The LanternHumble pie does not taste good, but sometimes it’s necessary in order to get a dose of reality.Ohio State baseball coach Greg Beals knows this all too well after his alma mater Kent State provided that slice of truthful decadence with an 8-3 thumping Tuesday evening. OSU (19-8-1, 2-1) had been riding a seven-game winning streak, and dating back to the March 15 win over UNLV, had won 12 of its last 13 games. But the throttling at the hands of the Golden Flashes provided a blinding reality check that Beals is using as a learning experience. “It wasn’t just (Tuesday’s starter) Ryan Feltner, we all got punched in the mouth yesterday,” Beals said. “So it’s good. The competitors that we are, it’s not all bad.”OSU hasn’t faced a Big Ten opponent on the road so far this season, and the nonconference loss to Kent State was its first matchup versus a road opponent with a winning record.Now, OSU, which is 4-4 on the road, is getting set to head to College Park, Maryland, for its first-ever road series with the recently added Big Ten rival Maryland Terrapins (14-15, 1-2). Last season, the Terps took two of three games at Bill Davis Stadium in May, sending OSU into a tailspin that it couldn’t steer out of. OSU co-captain and third baseman Nick Sergakis said the Buckeyes are looking for revenge against the Terrapins after they stole a series from the Buckeyes in Columbus. “They came into our place and kind of handed it to us a little bit,” Sergakis said. “We wanna go out to their park and do the same thing to them. They’re a good team, we have not taken them lightly. It’s a big Big Ten series.” Beals noted that OSU is more experienced and more potent on offense, leading him to believe his guys will be ready for the battle when junior ace Tanner Tully takes the mound on Friday. Scouting MarylandMaryland enters the series as losers of three of its last four games, including a frustrating series loss to High Point at home. Maryland currently sits at 1-2 in the Big Ten after dropping two of three at Iowa, and the series this weekend against the Buckeyes will open a swing of conference games that make up nine of its next 10. The Terrapins lean heavily on underclassmen for production at the plate, as their top three hitters — sophomore infielder Kevin Biondic, freshman infielder Nick Dunn and freshman outfielder Marty Costes — have accounted for a combined 11 home runs, 56 RBIs and a .325 average. The Terrapin pitching staff sits in eighth place in the Big Ten with a 4.30 team ERA, but it’s loaded with top-notch talent. The pitching staff has been led by sophomore right-hander Taylor Bloom, who leads the team with a 4-2 record and a 2.36 ERA. Perhaps most impressively, Bloom leads the Terps with 8.5 strikeouts for each walk, which is tied for 16th in Division I. “Their starting pitchers are good,” Beals said. “We’ve gotta be able to be fastball ready and make sure we’re able to capitalize on the good pitches that we do get to hit, and then most importantly, we’ve gotta stay off their breaking balls. If we can stay away from the chases and hit the pitches we’re supposed to hit, I think we’ll be good.”Back on the right trackIn the latest release of the RPI standings by the NCAA, OSU came in at 149th place out of 300 teams, meaning OSU will have to turn up the heat for the rest of the conference season in order to boost its tournament résumé. Beals stressed the importance of getting back on the winning track against Maryland as a direct way to do that, as this series is the first of four consecutive Big Ten series for the Buckeyes. A big factor for OSU to get back to their winning ways is whether redshirt sophomore pitcher Adam Niemeyer will be able to shake off the hamstring pull that caused him to exit his last start against Bethune-Cookman after just 4.1 innings of work. “We’re going to bump him back to Sunday,” Beals said. “Right now we’re going to go Tully, (senior John) Havird and Niemeyer — just buying Adam another day. There’s still some soreness and tightness in that hamstring, we’re going to learn more about it today and tomorrow.”Junior catcher and co-captain Jalen Washington said the team will be ready to open its first series in Maryland and stressed the importance of getting on a roll in the conference. “Each Big Ten series is a big opportunity for us, so we just need to get out there and get ahead of it,” Washington said. “We don’t want to look back at the end of the season and worry about losing one to Maryland when we could have taken the series from them. Each opportunity is big for us.” The first pitch in College Park is set to be thrown out at 5:30 p.m. on Friday, while Saturday and Sunday’s games are scheduled to begin at 2 p.m. and 1 p.m., respectively.