ALLL
Business & Finance abbreviation · Banking
| Stands for | Allowance for loan and lease losses |
|---|---|
| Categories | Business & Finance |
ALLL stands for Allowance for loan and lease losses, a banking abbreviation.
Balance-sheet reserve, deducted from a bank's gross loans, that estimates the portion of loans and leases that will not be collected. It is built up through loan loss provisions and reduced by charge-offs.
Example: The ALLL equaled 1.6 percent of total loans at year-end.
Usage notes
The term comes from US bank regulatory reporting. Since banks adopted the CECL standard, the reserve is generally called the allowance for credit losses (ACL). Regulators compare the ALLL with nonperforming loans to judge whether reserves are adequate.
Related abbreviations
More banking abbreviations
- A/C – Account
- ABA – American Bankers Association (routing number)
- ACH – Automated Clearing House
- ALM – Asset-liability management
- AML – Anti-money laundering
- ATM – Automated teller machine
- BACS – Bankers' Automated Clearing Services
- BG – Bank guarantee
- BHC – Bank holding company
- BIC – Business Identifier Code
- BIN – Bank identification number
- BSA – Bank Secrecy Act