12 C.F.R. § 624.103 Deferral of the provisions for loan losses.
Title 12 - Banks and Banking
An institution is authorized during the period July 1, 1986, through December 31, 1992, to capitalize the amount of its provision for loan losses made on an annual basis in excess of 1/2 of 1 percent of loans outstanding. An institution that defers a portion of its provision for loan losses in accordance with this section shall amortize such amount over a period to not exceed 20 years, using straight-line amortization. Institutions using RAP to defer their provisions for loan losses shall maintain an allowance for loan losses determined in accordance with GAAP.
Title 12: Banks and Banking
PART 624—REGULATORY ACCOUNTING PRACTICES
§ 624.103 Deferral of the provisions for loan losses.
