Accounting for Other Real Estate Owned (OREO)

Many institutions are still dealing with increased levels of foreclosed properties.

This webinar provides you with the knowledge to properly account for these transactions at acquisition and disposition. Learn specifics and receive practical recommendations related to supporting your OREO valuations.


Information Applicable To All U.S. Banks:

  • Proper Accounting Treatment under Generally Accepted Accounting Principles (GAAP) During:
  • Initial Acquisition
    • ASU Reclassification of Residential Real Estate Upon Foreclosure
    • Establishing the Initial Carrying Value
    • Gain and Loss Treatment
  • Holding Period
    • Subsequent Expenditures
    • Capital Improvements
    • Subsequent Impairment
  • Disposition
    • Gain and Loss Treatment
    • Seller-Financed Transactions
  • Practical Applications
    • 15 fact-based examples or question and answer scenarios adapted from the OCC’s most recent Accounting Advisory Series

Practical Information Specific to Nationally Chartered Banks:

  • OREO Defined
  • Allowable Acquisition Methods
  • Appraisal Requirements
  • Allowable Expenditures
  • Holding Period Requirements
  • Disposition Methods and Requirements


CEOs, CFOs, controllers, auditors, accountants, senior lenders and loan review personnel.


Mark Harren, CPA, is a Financial Institution Audit Partner for Pattillo, Brown & Hill, LLP. Mark has more than 25 years experience in banking and the financial services industry in the lending and credit administration functions. He has worked for Pattillo, Brown & Hill for nine years, where he has performed financial statement audits, internal audits, compliance examinations and loan review services for more than 40 institutions.

Credit Information

Institute of Certified Bankers: Visit http://www.icbmembers.org/login.aspx for instructions regarding self-reporting. Institute of Certified Bankers: Estimated credits: 2.5 hours/session CLBB (self-reporting).


Live Webinar:

Member price: $265.00 | Non member price $530.00

On-Demand Webinar

Member price: $280.00 | Non member price $560.00


Online: Visit the CBA Webinar Catalog

Mail: Click here and mail completed form with check payable to ConferenceEdge to: (Mail at least 10 days prior to event)

1516 Xavier St., Ste 500, Denver, CO 80204

Phone: Call ConferenceEdge at (877) 988-7526 (credit card payments only)

Please Note:

  • Preferred Payment Method: Online
  • Please register online or by phone when paying with a credit card
  • Payment Must Accompany Registration – Invoices are Not Provided

Register online up to day of event. Earlier registration allows time to check your computer for an optimal experience.