Data Dictionary
Item Number 3120
RESERVE FOR BAD DEBT LOSSES ON LOANSCall confidentiality applies to FFIEC 031/041.
Series | Start Date | End Date | Confidential? | Reporting Forms |
---|---|---|---|---|
IADX3120 | 1960-12-31 | 1968-12-31 | No | FFIEC 011 |
RCFD3120 | 1969-06-30 | 1975-12-31 | No | FFIEC 014 |
RCON3120 | 1959-06-10 | 1975-12-31 | No | Multiple Forms |
RIAD3120 | 1969-12-31 | 1975-12-31 | No | FFIEC 011 |
Data Description:
The accumulation of all so-called "tax free" reserves against loan losses allowed under current rulings of the Internal Revenue Service. Reserves greater than IRS allowances are reported against "Other Reserves on Loans (3130).
COMPARABILITY:
Beginning 3/31/76, not shown separately. The valuation portion of this reserve is shown as "Reserve for Possible Loan Losses (3123)"; the contingency portion is included in "Undivided Profits (3250)"; and the deferred tax portion is reported in "Other Liabilities (2936, 2937)".
Prior to 6/30/69, includes reserves greater than IRS allowance for RCON file.