Other Real Estate Owned (OREO)

In today’s environment, many institutions are still dealing with increased levels of foreclosed properties. This session provides the knowledge to properly account for these transactions at acquisition and disposition. 

This discussion will deal with the complex issue of gain recognition upon the sale of foreclosed assets.  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
    • 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 OCCs most recent Accounting Advisory Series
  • Practical Information Specific to Nationally Chartered Banks:
  • OREO Defined
  • Allowable Acquisition Methods
  • Appraisal Requirements
  • Allowable Expenditures


CEO’s, CFO’s, controllers, auditors, accountants, senior lenders and loan review personnel.


Mark Harren, CPA, Financial Institution Audit Partner, Pattillo, Brown & Hill, LLP

Credit Information

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


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.