Data Dictionary
Item Number 2719
VALUATION ALLOWANCESCall confidentiality applies to FFIEC 031/041.
| Series | Start Date | End Date | Confidential? | Reporting Forms |
|---|---|---|---|---|
| SVGL2719 | 1988-06-30 | 1996-12-31 | Yes | Multiple Forms |
Data Description:
Includes all valuation allowances established on amounts reported in items 2715 and 2717 to recognize losses pertaining to the reporting thrift's investment in its multi-owned service corporations and unsecured loans to its service corporation and subsidiaries.
All valuation allowances must be included in the reconciliation of valuation allowances in Schedule VA.
Excludes:
1. Valuation allowances established at the subsidiary level; there reduce item 4045;
2. Valuation allowances related to assets recorded on the books of majority-owned subsidiaries; these must be established at the subsidiary level; or
3. Permanent declines in value; these must be written off directly against the equity investment.