Agenda - Council - 11/13/2012 - Laserfiche WebLink

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Village Bank Legal Title of Bank FDIC Certificate Number: 33761 Schedule RC-C—Continued FFIEC 041 Page 25 of 71 RC-12 Part I. Continued Memoranda — Continued Dollar Amounts in Thousands RCON Bil I Mil I Thou 5. To be completed by banks with $300 million or more in total assets:(1) Loans secured by real estate to non-U.S. addressees (domicile) (included in Schedule RC-C, part I, items 1.a through 1.e, column B) Memorandum item 6 is to be completed by banks that (1) together with affiliated institutions, have outstanding credit card receivables (as defined in the instructions) that exceed $500 million as of the report date or (2) are credit card specialty banks as defined for Uniform Bank Performance Report purposes. 6. Outstanding credit card fees and finance charges included in Schedule RC-C, part I, item 6.a. Memorandum item 7 is to be completed by all banks. 7. Purchased credit -impaired loans held for investment accounted for in accordance with FASB ASC 310-30 (former AICPA Statement of Position 03-3) (exclude loans held for sale): a. Outstanding balance b. Carrying amount included in Schedule RC-C, part I, items 1 through 9 8. Closed -end loans with negative amortization features secured by 1-4 family residential properties: a. Total carrying amount of closed -end loans with negative amortization features secured by 1-4 family residential properties (included in Schedule RC-C, part I, items 1.c.(2)(a) and (b)) Memorandum items 8.b and 8.c are to be completed by banks that had closed -end loans with negative amortization features secured by 1-4 family residential properties (as reported in Schedule RC-C, part I, Memorandum item 8.a.) as of December 31, 2011, that exceeded the lesser of $100 million or 5 percent of total loans and leases, net of unearned income (as reported in Schedule RC-C, part I, item 12, column B). b. Total maximum remaining amount of negative amortization contractually permitted on closed -end loans secured by 1-4 family residential properties c. Total amount of negative amortization on closed -end loans secured by 1-4 family residential properties included in the carrying amount reported in Memorandum item 8.a above 9. Loans secured by 1-4 family residential properties in process of foreclosure (included in Schedule RC-C, part I, items 1.c.(1), 1.c.(2)(a), and 1.c.(2)(b)) Memorandum items 10 and 11 are to be completed by banks that have elected to measure loans included in Schedule RC-C, part I, items 1 through 9, at fair value under a fair value option. 10. Loans measured at fair value (included in Schedule RC-C, part I, items 1 through 9): a. Loans secured by real estate: (1) Construction, land development, and other land loans (2) Secured by farmland (including farm residential and other improvements) (3) Secured by 1-4 family residential properties: (a) Revolving, open-end loans secured by 1-4 family residential properties and extended under lines of credit (b) Closed -end loans secured by 1-4 family residential properties: (1) Secured by first liens (2) Secured by junior liens (4) Secured by multifamily (5 or more) residential properties (5) Secured by nonfarm nonresidential properties b. Commercial and industrial loans c. Loans to individuals for household, family, and other personal expenditures (i.e., consumer loans) (includes purchased paper): (1) Credit cards (2) Other revolving credit plans (3) Automobile loans (4) Other consumer loans d. Other loans F581 F582 F583 F584 F585 F586 F587 K196 K208 F589 (1) The $300 million asset size test is generally based on the total assets reported on the June 30, 2011, Report of Condition. M.8.a N/A M.8.b M.8.c M.9 M.10.a.1 M.10.a.2 M.10.a.3.a N/A M.10.a.3.b.1 N/A M.10.a.3.b.2 N/A M.10.a.4 N/A M.10.a.5 N/A M.10.b N/A M.10.c.1 N/A M.10.c.2 N/A M.10.c.3 N/A M.10.c.4 N/A M.10.d