Data Dictionary
Item Number A636
VALUATION ALLOWANCES: GENERAL NET PROVISION FOR LOSSCall confidentiality applies to FFIEC 031/041.
| Series | Start Date | End Date | Confidential? | Reporting Forms |
|---|---|---|---|---|
| SVGLA636 | 1997-03-31 | 2011-12-31 | Yes | OTS 1313 |
Data Description:
Report increases in valuation allowances accounts (i.e., net credits) as positive numbers and decreases in valuation allowance accounts (i.e., net debits) as negative numbers.
Includes the sum of provisions for losses on assets in the Statement of Operations, items 0484 and 0498, less LOCOM adjustments made to assets held for sale, item no. 0490, allocated between general and specific valuation allowances. The total net provision for loss, Schedule Va, item no. 4517, will be automatically generated from Statement of Operations, items 0484, 0498, and 0490.
A net credit to assets increases valuation allowances, flows through to the Statement of Operations as a debit (expense), and is reported as a positive number in this schedule. Conversely, a net debit to assets decreases valuation allowances, flows through to the Statement of Operations as a credit (income), and is reported as a negative number in this schedule.