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Farmland Properties On HC-L/RC-L (Doc ID 2607022.1)

Last updated on NOVEMBER 11, 2019

Applies to:

Oracle Financial Services - Regulatory Reporting for US Federal Reserve - Lombard Risk Integration Pack - Version 8.0.6 and later
Information in this document applies to any platform.

Symptoms

Farmland properties on HC-L/RC-L

 On the HC-R/RC-C, farmland properties are reported on row 1.b. Secured by farmland (including_farmland residential and other improvements. This row is not referenced in the RC-L instructions for RC-L line 1.c(1) or RC-L line 1.c(1) (b). Hence SECFARMLAND should not be reported on this row as being done currently.

, SECFARMLAND should be reported on row 1.e.3 All other unused commitments .i.e. MDRM of J459 which has instructions "Other unused commitments. Report in the appropriate subitem the unused portion of all commercial and industrial loan commitments, commitments for loans to financial institutions, and all other commitments not reportable in Schedule RC-L, items 1.a through 1.d., above."

Cause

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In this Document
Symptoms
Cause
Solution


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