ZION » Topics » Other Real Estate Owned

This excerpt taken from the ZION 10-K filed Feb 27, 2009.

OTHER REAL ESTATE OWNED

Other real estate owned consists principally of commercial and residential real estate obtained in partial or total satisfaction of loan obligations. Amounts are recorded at the lower of cost or fair value (less any selling costs) based on property appraisals at the time of transfer and periodically thereafter.

This excerpt taken from the ZION 10-K filed Mar 10, 2008.

Other Real Estate Owned

 

Other real estate owned consists principally of commercial and residential real estate obtained in partial or total satisfaction of loan obligations. Amounts are recorded at the lower of cost or market (less any selling costs) based on property appraisals at the time of transfer and periodically thereafter.

 

This excerpt taken from the ZION 10-K filed Feb 28, 2008.

Other Real Estate Owned

 

Other real estate owned consists principally of commercial and residential real estate obtained in partial or total satisfaction of loan obligations. Amounts are recorded at the lower of cost or market (less any selling costs) based on property appraisals at the time of transfer and periodically thereafter.

 

This excerpt taken from the ZION 10-K filed Mar 1, 2007.

Other Real Estate Owned

 

Other real estate owned consists principally of commercial and residential real estate obtained in partial or total satisfaction of loan obligations. Amounts are recorded at the lower of cost or market (less any selling costs) based on property appraisals at the time of transfer.

 

This excerpt taken from the ZION 10-K filed Mar 15, 2006.

Other Real Estate Owned

 

Other real estate owned consists principally of commercial and residential real estate obtained in partial or total satisfaction of loan obligations. Amounts are recorded at the lower of cost or market (less any selling costs) based on property appraisals at the time of transfer.

 

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