Allowance for Loan and Lease Losses

Acct Code	Description	Tip for pulling data stored in CBX
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.