Field

Description

Non-Accrual?

Mnemonic: LNACST

This field indicates whether the customer loan account is non-accrual. An account can be deemed a non-accrual loan through GOLDTeller transaction 583. To remove the non-accrual status from a loan, use GOLDTeller transaction 584.

The loan must be in a non-accrual status prior to processing a charge-off.

Non-Accrual Book Balance

Mnemonic: LNNABB

This field indicates the book balance of the customer loan account. At the time the loan becomes non-accrual (tran code 583), this balance becomes the same as the Principal Balance.

As payments are posted to the loan, the non-accrual balance is reduced by the full payment (principal and interest amounts). The Principal Balance will continue to amortize as it normally would. If a partial charge-off transaction is processed, this balance becomes lower by the charge-off amount. If insurance is force placed, the same amount will be added to this field as to the Principal Balance.

Non-Accrual Start

Mnemonic: L3NASD

Use this field to indicate the date the Non-Accrual status was set on the customer loan account. This is the date an employee at your institution ran the Non-Accrual transaction (tran code 583) in GOLDTeller.

Non-Accrual End

Mnemonic: L3NAED

Use this field to indicate the date the Non-Accrual status was removed on the customer loan account. This is the date an employee at your institution ran the Clear Non-Accrual transaction (tran code 584) in GOLDTeller. A Supervisor override is required when processing this transaction.

Non-Accrual Original

Mnemonic: L3NAOA

Use this field to indicate the remaining amount of the customer loan account when the loan was set to Non-Accrual status. This field is automatically entered when the Non-Accrual transaction (tran code 584) is run through GOLDTeller. This value includes the Principal and interest on the loan. This field can still be file maintained.

Sale of Security Date

Mnemonic: L3RRSD

Use this field to indicate the date any security tied to the customer loan account was sold in order to pay off the loan or make a regular payment. This date is entered when an employee at your institution runs the Sale of Security transaction (tran codes 2510-03 and 2510-06). This field can still be file maintained.

Sale of Security Amount

Mnemonic: L3NASA

Use this field to indicate the amount of any security tied to the customer loan account that was sold in order to pay off the loan or make a regular payment. This amount is entered when an employee at your institution runs the Sale of Security transaction (tran codes 2510-03 and 2510-06). This field can still be file maintained.

This amount is calculated as the Principal Balance + principal reduction (the amount the principal balance was reduced during the transaction) minus LIP undisbursed. This amount is also displayed on line 8 of the RC-N Memoranda.

Sell Loan As Of Date

Mnemonic: LNASOF

Use this field to indicate the date the loan is sold as of. This date can be a due date, paid-to-date, or effective date.

Date Debt Restructured

Mnemonic: LNRSDT

This field indicates the date debt was restructured on the customer loan account. This field is used in determining restructured loans and leases on the FDIC Schedule RC-C Memoranda report (FPSRP166).

Repossession or REO Date

Mnemonic: L3RRSD

Use this field to indicate the date any security tied to the customer loan account was sold in order to pay off the loan or make a payment. This field is automatically updated when your institution runs the Sale of Security transaction (tran codes 2510-03 and 2510-06) on the loan account.

See also: Sale of Security Amount above