Nonaccretable Balance Outstanding of Consumer PCILs not Secured by Real Estate

Acct Code

Description

Tip for pulling data stored in CU*BASE

1017B

The nonaccretable balance outstanding of consumer Purchased Credit Impaired Loans (PCILs) not secured by real estate.

 

Refer to your internal reports for tracking these loans.

Note: It is recommended to assign a loan classification code to Purchased Credit Impaired Loans. Security code can also be used, but is not the preferred option.

 

The NCUA provides detailed descriptions on the Call Report Account Codes in their comprehensive Call Report Instructions available with the current Call Report on the http://www.ncua.gov website.

For more information about the 5300 Call Report Software, open the book.