Data Dictionary
Item Number 6061
LOANS CHARGED OFF AND RECOVERIES: TOTAL LOANS CHARGED OFF & RECOVERIES NET CHARGE-OFFSCall confidentiality applies to FFIEC 031/041.
| Series | Start Date | End Date | Confidential? | Reporting Forms |
|---|---|---|---|---|
| BHBC6061 | 2003-03-31 | 9999-12-31 | No | FR Y-9C |
| CUCP6061 | 1997-01-31 | 9999-12-31 | No | NCUA 5310 |
Data Description:
For series "BHBC" report in this item the difference between gross charge-offs (loans and leases charged by the acquired company against the allowance) and recoveries (amounts credited to the allowance for recoveries on loans and leases previously charged against the allowance) from January 1 to the last business day prior to the date of the BHC's merger with the acquired entity. Include in charged off loans and leases write-downs to fair value on loans and leases transferred to the held-for-sale account during the year to date of acquisition that occurred when (1) the acquired company decided to sell loans that were not originated or otherwise acquired with the intent to sell and (2) the fair value of those loans had declined for any reason other than a change in the general market level of interest or foreign exchange rates.
For series "CUCP" see item no. A989 for definition.
COMPARABILITY:
Beginning 3/31/03, for BHBC title is "Net Charge-Offs" and is reported on Notes to the Income Statement-Predecessor Financial Items for the FR Y-9C (BHCK) report.
NOTE:
Reported on Schedule A-2B for the CUCP report.