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Lease Accounting Changes

In June of 1976, the Financial Accounting Standards Board (FASB) released FAS 13 - Accounting for Leases. After years of deliberation, in the first quarter of 2016, the FASB finalized changes to the...

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First American Commercial Bancorp, Inc. is a wholly-owned subsidiary of City National Bank. Deposit products and services are offered by City National Bank Member FDIC. City National Bank is a subsidiary of Royal Bank of Canada. For California clients: Loans made or arranged pursuant to a California Finance Lenders Law license. All trademarks are the property of their respective owners. Additional terms apply and can be found by visiting faef.com/terms.

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