Nonaccretable Balance of Commercial PCIL's Not Secured by Real Estate
Acct Code |
Description |
Tip for pulling data stored in CU*BASE |
1118B |
The nonaccretable balance outstanding of commercial 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.