abrigo.com CHALLENGE National Cooperative Bank (NCB) was performing its allowance for loan and lease losses (ALLL) calculation manually using spreadsheets, which was a very convoluted process. Darren Flavell, Vice President of Risk Management at NCB, noted, “We were finding that we were spending so much time accumulating various spreadsheets into our process, that we really weren’t spending enough time analyzing the results or determining whether the overall level of our allowance was adequate.” Instead of focusing on the results of the calculation, the bank was more concerned with ensuring the spreadsheets were mathematically correct. Aside from the inability to focus on the results, NCB was also very reliant on external data in the process. Flavell noted, “We weren’t lev

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