When an institution writes down an individually impaired

Reference no: EM13586278

When an institution writes down an individually impaired loan to the appraised value of the collateral because that portion of the loan has been identified as uncollectible, and therefore is deemed to be a confirmed loss, will there be a loan loss allowance under FAS 114 associated with the remaining recorded investment in the loan?

Reference no: EM13586278

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