Data Dictionary
Item Number 5277
QUALIFYING SUPERVISORY GOODWILLCall confidentiality applies to FFIEC 031/041.
| Series | Start Date | End Date | Confidential? | Reporting Forms |
|---|---|---|---|---|
| SVCC5277 | 1990-03-31 | 1994-12-31 | No | OTS 1313 |
Data Description:
Includes to the extent permitted by OTS Regulation 567.5(a)(2)(iii)(B) and outlined below, the following:
FSLIC capital contributions that were included in goodwill on line A544 of the TFR prior to January 1989, and reported on line C978 (FSLIC Capital Contributions) in the 1989 TFR, less amortization through the current period calculated as follows: for the period prior to April 12, 1989 amortize the goodwill in accordance with prior regulatory accounting practices; for the period April 13, 1989 through the current reporting date, amortize the goodwill on a straight-line basis over the shorter of 20 years or the remaining period under prior regulatory accounting practices; and the lesser of supervisory goodwill accounted for under GAAP as included in item 0468 or 0507 for those thrift institutions that are not required to file Schedule CSC; or supervisory goodwill accounted for under GAAP where the amortization since April 12, 1989 cannot exceed that taken using the straight-line basis over the shorter of 20 years or the remaining period for amortization in effect on April 12, 1989 under GAAP.
Supervisory Goodwill
Supervisory goodwill is defined in OTS Regulation 567.1(ee) as goodwill resulting from the acquisition, merger, consolidation, purchase of assets, or other business combination that occurred on or before April 12, 1989 of: A thrift where the fair market value of assets was less than the fair market value of liabilities at the acquisition date; or a problem institution.