Residential Construction Loans Excluding Business Purpose Unfunded Commitments - Amount Committed Directly by CU

Acct Code

Description

Tip for pulling data stored in CU*BASE

811A1

This is the amount of unfunded commitments of residential 1st mortgage construction loans. Report unfunded commitments directly committed by the credit union.

Note: You may have to add in outside vendor loan commitments.

Note: This Account Code was deleted by the NCUA in Sept. 2017.

Run Tool #280 Contingent Liability Analysis Report by quarter end date. Select ‘line of credit’ and ‘open- credit’ loans. Use the ‘Contingent Liability’ total for your loan category code(s) that identify residential construction loans.

 

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.