Shared National Credit
What is the minimum dollar commitment threshold for a loan to be reviewed under the SNC Program?
How must a reporting institution classify a loan facility on Schedule H.1 if it is secured by a combination of both commercial real estate and corporate operating cash flows, but the primary source of repayment shifts to the real estate?
Must be moved to Schedule H.2 (CRE)
What is the minimum committed balance threshold for a commercial real estate loan or credit facility to be included in the Schedule H.2 report?
$1MM
Report the reporting BHC's unique internal identifier for the entity that is the primary source of repayment for the facility in Field 15.
Entity Internal ID (CORP - 49)
Regulates and supervises all national banks and federal savings associations to ensure they operate safely, provide fair access to financial services, and comply with applicable laws.
OCC
What collective term do regulatory agencies use in the report for loans classified as Substandard, Doubtful, or Loss?
Classified assets.
If a bank extends a loan commitment to a corporate borrower, but the borrower has not yet signed or countersigned the final commitment letter, what is this type of pipeline exposure called in Schedule H.1?
Single-signed commitment
If a single CRE loan is cross-collateralized by multiple commercial properties spread across different geographic regions with no single property predominating in value, what value must be reported in the mandatory "Location" field?
Multiple
The current amount that the participant has extended that has been drawn and not repaid, plus the contingent liability created under a sublimit (i.e. for letters of credits that have been issued but not drawn) in accordance with the credit agreement.
Share of Outstanding (21 - SNC)
Sets U.S. monetary policy, promotes financial system stability, and supervises bank holding companies and state-chartered banks that are members of the Federal Reserve System.
FRB
What specific vehicle holds the largest share of non-bank institutional term loans?
Collateralized Loan Obligations (CLOs)
When reporting a corporate credit facility that features multiple participating lenders, what specific regulatory identifier must be provided to link the facility to the broader syndicated loan market?
Shared National Credit (SNC) ID
If a credit facility covers both the initial land and lot development phase and subsequent vertical commercial building construction, how must the "Property Type" field be classified?
Classify by the vertical construction type (e.g., Office, Condo, Retail, etc.).
Provide the Integer code if the Value at Origination was calculated using an "as is", "as stabilized", or "as completed" value as defined in SR10-16
Value Basis (14 - CRE)
Promotes market integrity and protects participants from manipulation by regulating the U.S. derivatives markets, including futures, swaps, and options.
CFTC
How many times per year do the agencies normally conduct formal SNC credit examinations?
Twice a year (Semi-annually)
What specific electronic file format must bank holding companies use to transmit the massive line-item data for Schedule H.1 through the Federal Reserve’s Reporting Central application?
Extensible Markup Language (.xml)
If a CRE loan with a committed balance of $12 million is cross-collateralized with a smaller, secondary CRE loan of only $400,000, what is the mandatory reporting rule for the smaller loan on Schedule H.2?
Report only the Loan Number, Outstanding Balance, and Committed Balance (all other fields are optional)
For floating rate credit facilities, the base interest rate using integer code should be reported. If the obligor has an option, select the index actually in use.
Interest Rate Index (39 - CORP)
Consumer watchdog, enforcing federal consumer financial laws and regulating large banks and financial companies to ensure fair treatment in the marketplace.
What is the specific name of the centralized, secure application that agent banks must use to electronically submit their SNC data?
SNCnet
How many specific types of non-depository financial institution (NDFI) affiliations of the obligor are available to select from listed in the new PDE 117 - NDFI Obligor Type?
24
For construction and land development facilities, what unique regulatory field tracks the total amount of money actually disbursed to date for physical site improvements, distinct from the total committed or outstanding loan balances?
Funded Amount
Report Trailing Twelve Month (TTM) Adjusted EBITDA divided by total cash interest for that same TTM period. If cash interest is not disclosed, use interest expense.
HINT: SNC
LL Interest Coverage Ratio (39 - SNC)
Regulates and oversees the U.S. securities markets, public company disclosures, and investment professionals to protect investors, prevent fraud, and maintain fair, orderly, and efficient capital markets.
SEC