Data Dictionary
Item Number C781
AMOUNT OF ALLOWANCE FOR POST-ACQUISITION LOSSES ON PURCHASED IMPAIRED LOANS ACCOUNTED FOR IN ACCORDANCE WITH AICPA STATEMENT OF POSITION 03-3Call confidentiality applies to FFIEC 031/041.
| Series | Start Date | End Date | Confidential? | Reporting Forms |
|---|---|---|---|---|
| BHCKC781 | 2005-09-30 | 9999-12-31 | No | FR Y-9C |
| RIADC781 | 2005-06-30 | 2023-12-31 | No | Multiple Forms |
| SVGLC781 | 2005-09-30 | 2011-12-31 | No | OTS 1313 |
Data Description:
For series RIAD, report in this item the amount of any valuation allowances established after acquisition for decreases in cash flows expected to be collected on purchased impaired loans reported as held for investment in Schedule RC, item 4.b, and accounted for in accordance with AICPA Statement of Position 03-3. These post-acquisition allowances should be included in the bank's allowance for loan and lease losses as reported in Schedule RC, item 4.c, and Schedule RI-B, part II, item 7. Under Statement of Position 03-3, if, upon evaluation subsequent to acquisition, based on current information and events, it is probable that the bank is unable to collect all cash flows expected at acquisition (plus additional cash flows expected to be collected arising from changes in estimate after acquisition) on a purchased impaired loan held for investment (and not accounted for as a debt security), the loan should be considered impaired for purposes of establishing an allowance pursuant to FASB Statement No. 5 or No.114, as appropriate. For series SVGL, report the amount of post-acquisition loan loss allowances for purchased impaired loans held for investment that is included in the total amount of the allowance for loan and lease losses as of the report date. NOTE: Reported on Schedule RI-B for the FFIEC 041 report. Reported on Schedule VA for the SVGL report.