Effective data governance key for credit unions

first_img 20SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Calculating potential credit loss may have just gotten easier for community financial institutions (FIs). Recently, the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) finalized a new credit loss model for financial assets. This model will allow for more timely recognition of expected credit losses.Although it’s been finalized, the new Current Expected Credit Loss (CECL) model won’t take effect until 2019. The new model addresses the need for a more precise measurement of life of loan loss based on loan-level data. In order to achieve this, FIs will need to mine quality, secure, easily accessible data, as well as make the most of any currently stored data. continue reading »last_img read more

Regional Four-day championship

first_imgRed Force, Jaguars face off in top-of-the-table clash todayBRIDGETOWN, Barbados (CMC) – The top-of-the-table clash between Guyana Jaguars and hosts Trinidad and Tobago Red Force will highlight the fourth round of the Regional Four-Day Championship which bowls off today.Denesh RamdinBoth teams are unbeaten so far and the day/night clash at the Brian Lara Stadium could prove decisive ahead of the first break of the fast-moving, 10-round season.Three-time champions Jaguars have won two of their first three matches to be top of the standings on 46.6 points, but faltered in their last outing against Leeward Islands Hurricanes and needed a massive effort on the final day at Warner Park to avoid defeat.Their key men have been West Indies-A left-hander Vishaul Singh who has gathered 258 runs at an average of 46, and left-arm spinner Veerasammy Permaul whose 17 wickets have come at 15 runs apiece.However, their captain Leon Johnson’s lack of form has been worrying, with the left-hander managing only 124 runs from his six trips to the crease.His opposite number Denesh Ramdin has had no such worries with two hundreds already in an aggregate of 316 runs at an impressive average of 105.Red Force have been lifted by his form which has seemingly inspired the other batsmen, with Jason Mohammed, Tion Webster and Yannic Cariah all having scored hundreds so far.Leg-spinner Imran Khan, who tops the bowling aggregates with 18 wickets, will also be key as Red Force attempt to inflict Jaguars with a first defeat.Hurricanes, the only other unbeaten side in the tournament, will host Jamaica Scorpions at Warner Park and will be hoping to continue the form which has put them third in the table.Both their batting and bowling have clicked so far this season leaving them as formidable threats, and Scorpions will have their work cut out for them.While the hosts are unchanged for the encounter, Scorpions have been strengthened by the return of regular captain Nikita Miller, who missed the first three rounds recuperating from surgery last September.The leading wicket-taker last season with 58 scalps with 461 wickets from 90 first-class matches, Hurricanes will be wary of his ability to be a game-changer.In the other game at Arnos Vale, bottom-placed Windward Islands Volcanoes welcome Barbados Pride who have struggled and lie fourth in the standings.While Volcanoes have lost two of three, the big highlight for them has been veteran left-hander Devon Smith who has already reeled off two hundreds to top the batting charts with 337 runs at an average of 84.Volcanoes, who boast two Barbadians in Kyle Mayers and Kirk Edwards, are unchanged but Pride have gone for former Young West Indies speedster, Keon Harding, to give their bowling attack teeth.last_img read more

Lakers final 2017-18 report card: Young team on the rise turns around season to notch 35 wins

first_img Trail Blazers, Grizzlies advance to NBA play-in game; Suns, Spurs see playoff dreams dashed Trail Blazers beat Grizzlies in play-in, earn first-round series with the Lakers Newsroom GuidelinesNews TipsContact UsReport an Error AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREUCLA alum Kenny Clark signs four-year contract extension with PackersFollowing the midseason trade of Jordan Clarkson and Larry Nance Jr., Rob Pelinka and Magic Johnson created enough salary cap space to sign two max-contract free agents this summer (or next) and the Lakers just might have played well enough to attract them.On to the final report card for the 2017-18 Lakers:THE STARTERSLONZO BALL, guardCONTRACT STATUS: Under team control through 2021-22 COMMENT: Whether you find the scrutiny of the Lakers’ top rookie to be relevant to the success of the team, or just an unfortunate side effect of the Ball Family Circus, there is no denying his value on the court. The Lakers’ system was designed for a player just like Ball: an unselfish point guard who moves the ball up the court without needing to take a ton of dribbles. For each ghastly 3-point shooting night, Ball offered at least one mind-bending play that didn’t involve him trying to put the Ball in the hoop. His 30.5 percent shooting from 3-point range either must go up, or his 5.7 3-point attempts per game must come down. But 6.9 rebounds and 7.2 assists per game are elite for any point guard, let alone one who only turned 20 during the season and faces the off-court distractions Ball does. This summer will be crucial for Ball and will reveal a lot about his work ethic. The team’s training staff has shown it can work wonders on young players’ physiques – see Julius Randle, Brandon Ingram and Nance Jr. last summer – as long as the player makes the commitment.FINAL GRADE: B (not to be confused with BBB)KENTAVIOUS CALDWELL-POPE, guardCONTRACT STATUS: Unrestricted free agentCOMMENT: Caldwell-Pope’s Lakers tenure will be best remembered for two things, neither of which speaks to his value on the court. The first was at his introductory news conference when Rob Pelinka compared signing the former Piston to the “time when the Israelites were wandering in the desert and all of a sudden bread came down from heaven.” The second came in December and January, when Caldwell-Pope missed four games due to a court-ordered stay at a work-release facility in Seal Beach after he violated his parole stemming from a DUI arrest last year in Michigan. He was the Lakers’ best 3-point shooter at 38.3 percent and proved himself capable of explosive scoring nights, like his eight 3-pointer outings in Sacramento on Feb. 24 and at New Orleans a month later. Unfortunately for KCP, he didn’t quite live up to the $18 million paycheck the Lakers signed him to in July. His off-court issue was a significant distraction both for himself and the organization. The awkwardness was enhanced due to the fact he is represented by LeBron James’ agent Rich Paul. If Caldwell-Pope gets what he wants this summer, it will be a multi-year contract – something the Lakers, with an emergent Josh Hart and dreams of bigger free agent fish, won’t be interested in providing.FINAL GRADE: B-BROOK LOPEZ, centerCONTRACT STATUS: Unrestricted free agentCOMMENT: The former All-Star never experienced a season quite like this one, and at times, his frustration was palpable. Lopez recorded career lows in minutes (23.4 per game), points (13), rebounds (four) and free-throw percentage (70.3 percent). Along with the draft pick that became Kyle Kuzma, Lopez was the return for D’Angelo Russell and the sacks of cash convincingly decorated to resemble Timofey Mozgov. After developing a 3-point shot in 2014-15 in Brooklyn, Lopez hit 34.5 percent of his attempts for the Lakers. For most of the season, Lopez found himself on the bench at the end of games. It wasn’t until late in the season, when the Lakers started going to Lopez early and often at the starts of games, that he started to look comfortable. Might he be back next season? There’s no reason to think so, but for a guy who spent the first nine years of his career with one team, there might be value in the familiar. If the Lakers are able to build a championship contender this offseason, Lopez said last week he would consider returning for a salary well below the $22.6 million he earned this season. “That’s definitely hard to pass up,” he said.FINAL GRADE: C+BRANDON INGRAM, forwardCONTRACT STATUS: Under team control through 2020-21COMMENT: Is Ingram the most important piece to the Lakers’ future? Go back to Feb. 2, when the Lakers entered a showdown in Brooklyn with D’Angelo Russell’s Nets. The Lakers had just been trounced on the road in Orlando by 22 points and with no Lonzo Ball (due to the second of his three injuries) the season once again was in jeopardy of coming apart at the seams. Walton shuffled his starters, moving Ingram to point guard and Josh Hart into the first five. The next 11 games yielded eight wins and the most productive stretch of Ingram’s season. In that span, he averaged 18.6 points, 5.5 assists and 5.2 rebounds. After a hard hit from Miami’s Justise Winslow on March 1, Ingram played just two of the Lakers’ final 21 games, the result of first a groin strain and then a concussion. As with Ball, durability will be the focus of Ingram’s offseason. He appeared in just 52 games in his second season, but when he played, the reasons Lakers officials are so confident in him came more into focus. He can switch four positions defensively, and play three on offense. The latter is a key quality when considering the positions of James and George, the Lakers’ dream combo coup.FINAL GRADE: B+JULIUS RANDLE , forward/centerCONTRACT STATUS: Restricted free agentCOMMENT: Like network television’s midday slate, one Randle drama always seems to lead right into another. He and Walton finally put their beef behind them and Randle had his best season as a professional just in time for free agency and the possibility that Randle’s days in L.A. are through. The upside, of course, is that the Lakers have the right to match any offer extended to the 24-year-old. After Randle averaged a career-high 16.1 points per game on a career-high 55.8 shooting from the floor, the Lakers will be eager to match. With one caveat: They only have room for two max free agents – not three. So if the Lakers are able to land George and James, the math becomes extremely tricky to keep Randle. Putting the future aside for a moment, Randle’s season merits study and praise. He arrived for training camp in the best shape of his career. He started the season on the bench behind Larry Nance Jr., was accused by Walton of pouting before refocusing his attention to his assigned role against opposing backup centers, and eventually reclaimed his starting job alongside Lopez. He made himself a lot of money in the process.FINAL GRADE: ATHE RESERVESKYLE KUZMA, forwardCONTRACT STATUS: Under team control through 2021-22COMMENT: It didn’t take long for the ball to get rolling on the mythmaking of Kuzma. From an early-season dinner with Kobe Bryant, to the most consecutive 25-point games by a Lakers rookie since Jerry West, Kuzma struck all the right notes in his first season. He gets the market, understands his moment. Kuzma showed up to a Lakers home game in the final week of the season in a Nick Van Exel jersey, then went out and sealed a victory the same night with a Kareem Abdul-Jabbar skyhook. He has the star qualities the Lakers have been desperate for since the Kobester hung up his Nikes. Whether his game continues to match the pizzazz will depend on how much more room he has to grow. Four years at Utah honed a relentlessly attacking mentality. The result was many eye-popping scoring nights, including a career-high 38 points to best James Harden and the Rockets on Dec. 20, but also many questionable shots. Still, nobody anticipated him shooting 36.6 percent from 3-point range, and he was one of three Lakers to lead the team in scoring with 16.1 points per game. For all the hype Ball received from draft night forward, Kuzma was the team’s best rookie.FINAL GRADE: AJOSH HART, guardCONTRACT STATUS: Under team control through 2021-22COMMENT: Walton’s lineup shakeup in Brooklyn on Feb. 2 might have been highlighted by the move of Ingram to point guard, but Hart’s elevation to a starting job was just as crucial. When Hart replaced franchise cornerstone Ball with the four other preferred starters (Ingram, Caldwell-Pope, Lopez and Randle) the Lakers outscored their opponents by 10.1 points per 100 possessions. When it was Ball instead of Hart, the Lakers were outscored by 0.4 points. Picked with the final selection of the first round, the swingman out of Villanova might have been the steal of last summer’s draft – and that’s saying something considering Kuzma went just three spots higher. The 6-foot-5 Hart logged eight double-doubles – Lopez, by contrast, only recorded four – and last week Magic Johnson declared Hart the second-best rebounding guard in the NBA behind Russell Westbrook.  All of this from a player who started the season bouncing between the Lakers and the G-League. Hart played a pair of games with the South Bay Lakers before the parent club realized how valuable he could be. On a team with an established trio of rising stars in Ingram, Ball and Kuzma, it wasn’t always clear that there was room for Hart in the so-called “young core” of untouchables. Hart said last week that he was recently shown two articles from the same author, about a month apart. The first listed the members of the young core but did not include Hart. The second article, listed Hart. “That’s kind of cool,” Hart said. “But that year is over with now. It’s just about getting better this offseason and taking it from there.”FINAL GRADE: B+ISAIAH THOMAS, guardCONTRACT STATUS: Unrestricted free agentCOMMENT: Before undergoing season-ending hip surgery on March 29, Thomas used his short time with the Lakers to try and prove that he could return to the player that made him an MVP candidate in Boston. The jury’s still out in that one, with surgery just one more piece of a disassembled puzzle. However, Thomas was great in his 17 games with the Lakers, fitting in as many number changes in two months as Kobe Bryant had in 20 years. Whether it was as IT7 (29 points in a win over Miami) or IT3 (nine 3-pointers over two games in mid-March) Thomas’ time with the Lakers was memorable. Upon being traded to the Lakers, Thomas’ agent publicly declared that the former All-Star would seek a buyout if he did not start. Instead, Thomas accepted his role backing up Ball, never complained and earned praise from his teammates and coaches for his professionalism. His free agency is clouded by the surgery, but Thomas will likely be a good value for whichever team signs him. Just don’t bet that it will be the Lakers.FINAL GRADE: B+THE RESTLUOL DENG, forwardCONTRACT STATUS: Under contract through 2019-20COMMENT: Ah, but what a glorious 13 minutes they were. After starting the season opener due to a suspension to Caldwell-Pope, the perfectly healthy Deng was relegated to a cheerleading role thanks to an agreement he and Walton struck. His contract might be on the books for two more years, but both sides are eager to find an exit from the pact. Despite a public, early-season trade request, Deng managed to stay professional and did not cause issues in the locker room.FINAL GRADE: D+CHANNING FRYE, forwardCONTRACT STATUS: Unrestricted free agentCOMMENT: The floor-spacing big man underwent an emergency appendectomy after two games with the Lakers. He returned for the final seven games of the season and shot 36 percent from 3-point range in his brief time with the purple and gold.FINAL GRADE: CTYLER ENNIS, guardCONTRACT STATUS: Team optionCOMMENT: In a season when Ball missed 30 games with no clear back-up point guard, Ennis had ample opportunity for a career year. However, in 11 starts Ennis averaged just 6.3 points and 3.3 assists. He was replaced as the fill-in point guard by Ingram and was lapped by two-way guard Alex Caruso.FINAL GRADE: C-TRAVIS WEAR, forwardCONTRACT STATUS: Unrestricted free agentCOMMENT: After being brought in from the development league for emergency duty on March 3, Wear scored seven points and played the entire fourth quarter of a narrow victory in San Antonio. That was likely the highlight of his 17-game run, which saw the former UCLA star shoot 36.2 percent from 3-point range.FINAL GRADE: C-IVICA ZUBAC, centerCONTRACT STATUS: Team optionCOMMENT: Zubac entered last summer as the likely starter at center, but took a backseat with the arrivals of Lopez and Andrew Bogut (who was waived in January). Couple those factors with a disappointing summer league, and Zubac’s second season was a disappointment. Zubac spent much of the season with the South Bay Lakers and averaged just 3.7 points and 2.8 rebounds in 9.5 minutes per game with the Lakers.FINAL GRADE: CTHOMAS BRYANT, centerCONTRACT STATUS: Team optionCOMMENT: The rookie out of Indiana remains very much an unknown. He spent 37 games with South Bay, averaging 19.7 points and 7.4 rebounds while making nearly two 3-pointers per game against lesser competition. If that translates to the NBA, he could have a future.FINAL GRADE: IncompleteANDRE INGRAM, guardCONTRACT STATUS: Unrestricted free agentCOMMENT: The career minor leaguer was the feel-good story of the season’s final days, when the Lakers made him a 32-year-old rookie. He poured in 19 points in a loss to Houston, highlighted by four 3-pointers on five attempts. Calling up Ingram bought the Lakers much goodwill, and made Ingram a global symbol of perseverance and a positive attitude.FINAL GRADE: A+ALEX CARUSO, guardCONTRACT STATUS: One more year on two-way contractCOMMENT: The Lakers signed Caruso to a two-way deal following a breakout performance at the Las Vegas summer league, and he became a useful contributor in 37 games with the Lakers, including seven starts. His best outing came on Jan. 21, when he finished with nine points, eight assists and four rebounds in a win over the Knicks.FINAL GRADE: B-GARY PAYTON II, GUARDCONTRACT STATUS: One more year on two-way contractCOMMENT: Payton followed in his father’s footsteps by attending Oregon State, then again when he signed with the Lakers at midseason. A defensive-minded combo guard, Payton appeared in 11 games and scored a career-high 25 points to go with 12 rebounds in the season-ending victory over the Clippers.FINAL GRADE: IncompleteTHE COACHLUKE WALTONCOMMENT: The most visible coaching decisions Walton made were starting the season with Nance at power forward and moving Ingram to point guard when Ball suffered a sprained left MCL. With the benefit of hindsight, one of those moves looks much savvier than the other. However, Walton was able to use Randle’s demotion as a tool to motivate the disgruntled power forward, who acknowledged last week that it was hard early on not to feel like he needed to move on from the Lakers. Instead, he ended up having a career year. How much credit the coach gets for such things can always be debated. What’s undeniable, though, is that Walton guided the Lakers to more wins than his two predecessors were able to in four combined seasons and has the team with which he spent nine as a player on the cusp of contending for a playoff spot in 2019. With two years under Walton’s belt, players seem to have bought into his system and grown comfortable in the relaxed culture he has built. The Lakers climbed from 30th in overall defense a year ago to 12th this season. That’s not a fluke. It’s Luke.FINAL GRADE: B+Related Articles How athletes protesting the national anthem has evolved over 17 years Lakers, Clippers schedules set for first round of NBA playoffs When the Lakers lost their ninth game in a row on Jan. 5, it was difficult to imagine a turnaround quite like the one they achieved over the final 43 games of their season. As the season’s midway point neared, the Lakers’ record was 11-27, two games worse than the same point of the previous season.Lonzo Ball had just missed half a dozen games with a sprained shoulder, the first of three injuries that caused the rookie point guard to miss significant time. The overcharged analysis of LaVar Ball had led not only to speculation that Coach Luke Walton did not have control of his locker room, but to a baseless but widespread rumor that the Lakers had already identified David Fizdale as his preferred successor.With the basketball world watching the Lakers closely, notably top free agents LeBron James and Paul George, things were trending very much in the wrong direction.But the season turned around starting the day LaVar Ball’s most serious criticisms of Walton went public. The Lakers trounced the hapless Atlanta Hawks 132-113. They proceeded to win eight of their next 10 games, and went 22-21 over the final three months of the season. Their 35 wins were the most since 2012-13. Lakers practice early hoping to answer all questions last_img read more