Real estate owned.

10. Real estate owned. State, parenthetically or otherwise:
(a) The amount of real estate owned by class as described in item (b) of paragraph 10. and the basis for determining that amount; and
(b) A description of each class of real estate owned (i) acquired by foreclosure or by deed in lieu of foreclosure, (ii) in judgment and subject to redemption, or (iii) acquired for development or resale. Show separately any accumulated depreciation or valuation allowances. Disclose the policies regarding, and amounts of, capitalized costs, including interest.

Source

12 CFR § 563c.102

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Scoping language

This section specifies the various line items which should appear on the face of the financial statements governed by this subpart C and additional disclosures which should be included with the financial statements in related notes.

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