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#2237902 - 06/11/20 01:40 PM Reg O
DS Offline
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Joined: Jun 2020
Posts: 3
Does a loan granted to an Executive Officer who has resigned need to continue to be reported on the Call Report? The loan remains outstanding.

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General Discussion
#2237904 - 06/11/20 01:45 PM Re: Reg O DS
rlcarey Offline
10K Club
rlcarey
Joined: Jul 2001
Posts: 83,393
Galveston, TX
No longer an executive officer - no longer reported.
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The opinions expressed here should not be construed to be those of my employer: PPDocs.com

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#2237968 - 06/11/20 08:16 PM Re: Reg O DS
DS Offline
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Joined: Jun 2020
Posts: 3
Thanks so much!

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#2237996 - 06/12/20 03:33 PM Re: Reg O DS
DS Offline
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Joined: Jun 2020
Posts: 3
Do loans that were granted to individuals prior to becoming Insiders need to be reported on the Call Report? Thank you.

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#2238000 - 06/12/20 03:53 PM Re: Reg O DS
rlcarey Offline
10K Club
rlcarey
Joined: Jul 2001
Posts: 83,393
Galveston, TX
Once they become an insider - yes.
_________________________
The opinions expressed here should not be construed to be those of my employer: PPDocs.com

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