Loans and foreclosed and repossessed assets not subject to loss sharing agreements with the FDIC are referred to as "noncovered loans" or "noncovered assets."
CMS creates the guidelines for reimbursement, whether to cover or be noncovered. ❋ Unknown (2009)
In nine cases there was little evidence, and in one there were safety concerns and science supportive of ineffectiveness—those were made noncovered. ❋ Unknown (2011)
For those that have healthcare their copay will be at an alltime high and their will be an even larger list of noncovered drugs and proceedures. ❋ Unknown (2008)
Minorities "have made significant progress," U. S Circuit Judge David Tatel wrote, but "racial discrimination in voting continues throughout covered jurisdictions -- on some measures, at a higher rate than in noncovered jurisdictions despite section 5's deterrent effects." ❋ Unknown (2009)
This means that at age sixty-five, you will have to pay for medical co-payments, your Part B premium, your deductibles, and all noncovered medical expenses—or you can purchase a private insurance policy to cover the difference Medigap insurance. ❋ The Boston Women’s Health Book Collective (2005)
The allowance for loan and lease losses allocated to loans covered under the loss share agreements with the FDIC totaled $3.9 million at June 30, 2011, and the allowance for loan losses allocated to the noncovered loan portfolio was $9.5 million, or 2.84% of noncovered loans, at that date.
We think to the best that we can forecast all this, and obviously a lot of moving pieces from this, but we think we've seen the 2 quarters of the noncovered commodity costs where that roughly the total of $50 million having occurred in the first half.
One-to-four family mortgages account for less than 5% of total noncovered loans.
Our noncovered nonperforming assets were up from year-end, primarily due to an increase in nonperforming loans.
Our noncovered loans decreased by $173.2 million, or 7%, from year-end and $307.7 million, or 12%, from June 30, 2010.
Continued improvement in credit quality is occurring in our noncovered loan portfolio as noncovered nonperforming assets declined $2.7 million during the quarter.
As of June 30, 2011, approximately $670.6 million, or 31%, of our noncovered loans were loans to individuals and businesses in the healthcare industry.
Nonperforming loans to portfolio loans - noncovered
This decrease allowed us to reduce our commercial real estate mortgage and construction concentration to $1.6 billion, or 75%, of noncovered loans at June 30, 2011.
As of June 30, 2011 approximately $1.6 billion, or 75%, of our noncovered loans were commercial real estate mortgage and construction loans, including $407.3 million of loans to individuals and businesses in the healthcare industry.
The allowance for credit losses is the sum of the allowance for noncovered loan losses, and the reserve for unfunded lending commitments.
The provision for noncovered originated loans was $200,000 in the June 30, 2011, quarter.
Net charge-offs of noncovered loans totaled $26.2 million in 2010, down $8.6 million from 2009. ❋ Unknown (2010)
Year-to-date net charge-offs of noncovered loans represented 0.45 percent of average noncovered loans and leases for 2010, compared to 0.60 percent for 2009. ❋ Unknown (2010)
