Data Dictionary
Item Number 4322
AMORTIZATION OF GOODWILLCall confidentiality applies to FFIEC 031/041.
| Series | Start Date | End Date | Confidential? | Reporting Forms |
|---|---|---|---|---|
| RIAD4322 | 2001-03-31 | 9999-12-31 | Yes | |
| SVGL4322 | 1984-03-31 | 2011-12-31 | Yes | Multiple Forms |
Data Description:
Includes amortization of goodwill and other intangible assets reported in "Goodwill and Other Intangible Assets (0507)" in accordance with FAS No. 72, "Accounting for Certain Acquisitions of Banking or Thrift Institutions."
Excludes amortization of loan servicing rights; deducted from item 0487.
NOTE:
Beginning 9/30/01, definition revised, now includes amortization of:
1. Goodwill, an unidentifiable intangible asset, recorded pursuant to APB No. 141.
2. The unidentifiable intangible asset recorded pursuant to SFAS No. 72.
3. Core deposit premium, an identifiable intangible asset.
4. Other identifiable intangible assets.
Also, includes impairment write-downs on goodwill and other intangible assets.
Do not include amortization of Servicing Assets; report this in item 0487.
Upon adoption of SFAS No. 142, in 2002, goodwill recorded pursuant to APB No. 16 or SFAS No. 141 will no longer be amortized. However, this unidentifiable intangible asset will continue to be subject to impairment write-downs. The exact adoption date of SFAS No. 142 in 2002 will depend on your fiscal year-end.