Capital Forbearance for Agricultural Banks: Hearing Before a Subcommittee of the Committee on Government Operations, House of Representatives, Ninety-ninth Congress, Second Session, June 17, 1986 |
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accepted accounting principles Accounting for Restructured addition Administrator of National agricultural and energy agricultural and oil agricultural banks agricultural or oil agricultural/oil and gas application April 11 assets bank's bankers Banking Circular 212 BANKING ISSUANCE Subject banks had primary BARNARD BROOKS Call Report capital declines capital forbearance policy capital forbearance program capital levels Chairman COMMITTEE ON GOVERNMENT Comptroller CRAIG Currency Administrator debt restructurings Director Doug Barnard Downey economy encouraging banks energy banks enforcement action examiners FASB 15 FDIC Federal Deposit Insurance foreclosures Fruitland gas banks gas sectors grant forbearance HOWARD Idaho implementation increase lender loan restructurings loans and leases March 28 MEADOWs minimum monitor National Banks Type nonmember banks Office Office's oil and gas portfolio primary capital ratios problem loans qualify real estate regulators restructure problem restructured debt restructured loans result SPRATT statement supervisory Treasure Valley Bank volume test Washington well-managed banks William Seidman
Popular passages
Page 59 - It is a major responsibility that can best be met by establishing audit sites at the Federal Reserve Board, the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency.
Page 41 - Connecticut Delaware District of Columbia Maine Maryland Massachusetts New Hampshire New Jersey New York Pennsylvania Rhode Island Vermont *Virginia Southeast Alabama Arkansas Florida Georgia...
Page 22 - Jr. Chairman Subcommittee on Commerce, Consumer, and Monetary Affairs Committee on Government Operations House of Representatives Washington, DC 20515 Dear Mr. Chairman: This is in response to your letter of September...
Page 48 - Mr. Chairman and members of the subcommittee, I welcome this opportunity to appear before you to...
Page 41 - SEC. 22. (a) In order to enable the board to carry out the provisions of this Act, the Treasury Department, the Comptroller of the Currency, the Federal Reserve Board, and...
Page 57 - ... excavating slush pits and cellars ; grading, and building of foundations at well locations ; well surveying ; running, cutting, and pulling casings, tubes, and rods ; cementing wells ; shooting wells ; perforating well casing ; acidizing and chemically treating wells ; and cleaning out, bailing, and swabbing wells.
Page 57 - Establishments primarily engaged in producing gasoline, kerosene distillate fuel oils, residual fuel oils, lubricants and other products from crude petroleum, and its fractionation products either through straight distillation of crude oil, redistillation of unfinished petroleum derivatives, cracking or other processes.
Page 57 - Standard Oil Co. of California Standard Oil Co. (Indiana) Standard Oil Co. (Ohio) Standard Register Co.
Page 61 - Statement of Financial Accounting Standards No. 15. "Accounting by Debtors and Creditors for Troubled Debt Restructurings" ("FAS 15'): Accounting Principles Board Opinion No.
Page 60 - automatic charge-off of loans that have been restructured. Generally accepted accounting principles, as set forth in Financial Accounting Standard No. 15 (Accounting by Debtors and Creditors for Troubled Debt Restructurings), allow financial institutions to maintain the value of a restructured credit provided that the total of anticipated future cash receipts under the new modified terms which are both probable and can be reasonably estimated at least equals the principal value of the loan. Thus...