Allowance for Loan and Lease Losses

Acct Code	Description	Tip for pulling data stored in CU*BASE
719	Amount set aside to absorb possible losses on loans and leases	This is typically a General ledger balance from your credit union balance sheet. Obtain the balance of the G/L account as of quarter end.
	Default automation routine is G/L quarterly account balances. The default G/L numbers are listed. If you do not want these G/L balances to auto-populate for this Account Code, click $images\ebx_543273246.gif$ then enter to access the configuration screen where you can change or delete the default G/L configuration.	Default G/L no’s 719.00-719.99

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.