CFR 12-621.6-2013
Banks and banking. Part621:Accounting and reporting requirements. Section621.6:Performance categories and other property owned.

Standard No.

CFR 12-621.6-2013

Release Date

2013

Published By

US-CFR-file

Latest

CFR 12-621.6-2013

Scope

Each institution shall employ the following practices with respect to categorizing high-risk loans and loan-related assets. No loan shall be put into more than one performance category. At a minimum, loans meeting the criteria for both nonaccrual and another performance category shall be classified as nonaccrual.

CFR 12-621.6-2013 history

• 2013 CFR 12-621.6-2013 Banks and banking. Part621:Accounting and reporting requirements. Section621.6:Performance categories and other property owned.