FIL-50-2013: Troubled Debt Restructurings - Interagency Supervisory Guidance

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Financial Institution Letter

Troubled Debt Restructurings
Interagency Supervisory Guidance		 FIL-50-2013
October 24, 2013



Printable Format:
FIL-50-2013 - PDF (PDF Help)

Summary: The federal financial institution regulatory agencies have jointly issued supervisory guidance clarifying certain issues related to the accounting treatment and regulatory classification of commercial and residential real estate loans that have undergone troubled debt restructurings (TDRs). The agencies' guidance reiterates key aspects of previously issued guidance and discusses the definition of a collateral-dependent loan and the classification and charge-off treatment for impaired loans, including TDRs.

Statement of Applicability to Institutions Under $1 Billion in Total Assets: This Financial Institution Letter applies to all FDIC-supervised banks and savings associations, including community institutions.

 

Distribution:
FDIC-Supervised Banks (Commercial and Savings)

Complete Financial Institution Letter: http://www.fdic.gov/news/news/financial/2013/fil13050.html

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