FDIC OKs Delay of FAS 166, 167 Effect on Capital

On June 12, 2009, the Financial Accounting Standards Board (“FASB”) finalized modifications to GAAP through Statement of Financial Accounting Standards No. 166, Accounting for Transfers of Financial Assets, an Amendment of FASB Statement No. 140 (“FAS 166”) and Statement of Financial Accounting Standards No. 167, Amendments to FASB Interpretation No. 46(R) (“FAS 167”) (the “2009 GAAP.

Average home prices increase 2.2% in May: Case-Shiller 8 days ago · The S&P CoreLogic Case-Shiller HPI (NSA) reported a 3.5% annual gain in April, down from 3.7% in March. The 10-City Composite annual gain came in at 2.3%, up from 2.2%.

Standards Board (FASB”) finalized modifications to GAAP through Statement of Financial Accounting Standards No. 166, (now codified in FASB Accounting Standards Codification (ASC) Topic 860, Transfers and Servicing) and Statement of Financial Accounting Standards No. 167 (now codified in.

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aba comment letter on Regulatory Capital proposal in response to FAS 166 and 167 – October 15, ABA Letter to FASB – Fair Value – Delay Implementation FASB 157 and 141R – November 12, 2008. ABA Comment Letter re:. Proposed Statement of Financial Accounting Standards – June 15, 2006. Effect of FDIRA on Call Reports – May 22,

Note 1: Management believes that reporting tangible equity and tangible assets more closely approximates the adequacy of capital for regulatory purposes. Note 2: Management believes that reporting the.

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significant actions including, but not limited to, actions brought by federal and state authorities and class action cases; new decisions that result in changes in law; and unexpected trial court.

based upon the closing price of $2.15 per share as reported by The nasdaq capital market on that date, was $17,553,832. As of June 22, 2018, the registrant had 15,129,963 outstanding shares of common.

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Ruling adjusts homeowner rights after foreclosure Rights of a Homeowner After a Home Has Been Foreclosed. However, you still maintain some rights during foreclosure, after the auction and as the tenant. California Civil Codes 1161 through 1179 require the new owners to legally evict you from the property after foreclosure. You cannot be kicked out of the property the day of the auction.

For further discussion regarding the management of our investment portfolio, see "Management’s Discussion and Analysis of Financial Condition and Results of Operations. For many of the requirements.

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