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.