Examples of Call Reports in a sentence
The general formula that may be used for computing the amount of interest expense that is subject to a 100 percent loss of deductibility is as follows: For the March 31, June 30, and September 30 Call Reports, the amount reported in Memorandum item 1 should not be an estimate of the amount of interest expense that will not be deductible for the entire calendar year.
Balance sheet data for acquired banks are obtained from Call Reports, and a ratio procedure is used to adjust past levels.
KittsDivisional Executive Vice PresidentAlthough UMB may periodically review the capital ratios and other limited financial data appearing on the Call Reports of the banks listed on the Approved List, UMB does not provide any guarantees or assurances or representations of any kind as to the creditworthiness of, or guarantee any federal funds transactions with, any of such banks.
SBA will verify any good standing statement where possible with public (e.g., Cease and Desist Orders and Call Reports) and/or non-public information from the lender’s primary and/or other regulators.
For institutions with a calendar year fiscal year, the ASU must be applied by public business entities in their March 2016 Call Reports and by private companies in their December 2016 Call Reports.