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Agenda - Council - 11/13/2012
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Agenda - Council - 11/13/2012
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3/18/2025 12:25:35 PM
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11/14/2012 1:55:59 PM
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Meetings
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Agenda
Meeting Type
Council
Document Date
11/13/2012
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Village Bank <br />Legal Title of Bank <br />FDIC Certificate Number: 33761 <br />Schedule RC-C—Continued <br />Part I. Continued <br />Memoranda — Continued <br />Dollar Amounts in Thousands RCON Bil I Mil I Thou <br />Memorandum item 13 is to be completed by banks that had construction, land development, <br />and other land loans (as reported in Schedule RC-C, part I, item 1.a, column 5) that exceeded <br />100 percent of total risk -based capital (as reported in Schedule RC-R, item 21) as of <br />December 31, 2011. <br />13. Construction, land development, and other land loans with interest reserves: <br />a. Amount of loans that provide for the use of interest reserves (included in <br />Schedule RC-C, part I, item 1.a, column B) <br />b. Amount of interest capitalized from interest reserves on construction, land <br />development, and other land loans that is included in interest and fee income on loans <br />during the quarter (included in Schedule RI, item la.(1)(b)) <br />Memorandum item 14 is to be completed by all banks. <br />14. Pledged loans and leasee <br />Memorandum item 15 is to be completed for the December report only. <br />15. Reverse mortgages: <br />a. Reverse mortgages outstanding that are held for investment <br />(included in Schedule RC-C, item 1.c, above): <br />(1) Home Equity Conversion Mortgage (HECM) reverse mortgage <br />(2) Proprietary reverse mortgages <br />b. Estimated number of reverse mortgage loan referrals to other lenders during <br />the year from whom compensation has been received for services performed <br />in connection with the origination of the reverse mortgages: <br />(1) Home Equity Conversion Mortgage (HECM) reverse mortgages <br />(2) Proprietary reverse mortgages <br />c. Principal amount of reverse mortgage originations that have been <br />sold during the year: <br />(1) Home Equity Conversion Mortgage (HECM) reverse mortgages <br />(2) Proprietary reverse mortgages <br />G377 <br />RCON <br />G378 <br />0 <br />43,214 <br />FFIEC 041 <br />Page 27 of 71 <br />RC-14 <br />M.13.a <br />M.13.b <br />M.14 <br />RCON Bil I Mil I Thou <br />3466 N/A M.15.a.1 <br />3467 N/A M.15.a.2 <br />RCON Number <br />3468 N/A M.15.b.1 <br />3469 N/A M.15.b.2 <br />RCON Bil I Mil I Thou <br />3470 N/A M.15.c.1 <br />3471 N/A M.15.c.2 <br />
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