---
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id: government-20260724-af4742
content_kind: government-document
url: https://www.federalregister.gov/documents/2026/07/24/2026-15027/loan-performance-categories-and-financial-reporting
url_hash: af4742f2802d5dceb7f3ac76a237fbfd3ea2b16a8c958f9ab8ccd05e9fd1de7d
canonical_url: https://www.federalregister.gov/documents/2026/07/24/2026-15027/loan-performance-categories-and-financial-reporting
source: us-federal-register
category: government/us
category_raw: Rule
country: us
region: us
tags:
- Accounting
- Agriculture
- Banks, banking
- Government securities
- Investments
- Reporting and recordkeeping requirements
- Rural areas
lang: en
published_at: '2026-07-24T00:00:00Z'
fetched_at: '2026-07-24T09:01:24.874955Z'
updated_at: '2026-07-24T09:04:06Z'
status: published
content_hash: cd58ad4fd2a4ad211f60d3b6e5b01fab229ce74afd1b58069286c76d86eb42d7
content_changed_at: null
license_note: full
license_basis: public-domain-17usc105
body_available: false
attribution: 'Source: Office of the Federal Register, National Archives and Records
  Administration'
license_rule: source:us-federal-register
summary: The Farm Credit Administration (FCA, we, or our) amends our regulatory high-risk
  loan performance categories by removing "Formally restructured loans (TDR)," also
  known as troubled debt restructurings. In 2022, changes in generally accepted accounting
  principles (GAAP) eliminated the accounting guidance for TDRs, enhanced disclosure
  requirements for certain loan refinancings and restructurings undertaken when a
  borrower is experiencing financial difficulty and changed existing vintage year
  disclosure requirements for public business entities. This final rule removes TDRs
  from our regulatory loan performance categories to reflect changes in GAAP. Because
  FCA regulations require Farm Credit System (System) institutions to prepare financial
  statements and reports in accordance with GAAP, retaining TDRs as a regulatory loan
  performance category is no longer consistent with current accounting standards.
  In addition to making conforming technical changes, the rule also makes minor technical
  and organizational revisions to ensure internal consistency within the regulation.
  In addition, FCA determined that no regulatory amendments are necessary to implement
  GAAP's enhanced disclosure requirements for loan modifications to borrowers experiencing
  financial difficulty or for amended vintage year disclosures, as existing FCA regulations
  already require GAAP-compliant financial reporting.
summary_source: official
summary_en: The Farm Credit Administration (FCA, we, or our) amends our regulatory
  high-risk loan performance categories by removing "Formally restructured loans (TDR),"
  also known as troubled debt restructurings. In 2022, changes in generally accepted
  accounting principles (GAAP) eliminated the accounting guidance for TDRs, enhanced
  disclosure requirements for certain loan refinancings and restructurings undertaken
  when a borrower is experiencing financial difficulty and changed existing vintage
  year disclosure requirements for public business entities. This final rule removes
  TDRs from our regulatory loan performance categories to reflect changes in GAAP.
  Because FCA regulations require Farm Credit System (System) institutions to prepare
  financial statements and reports in accordance with GAAP, retaining TDRs as a regulatory
  loan performance category is no longer consistent with current accounting standards.
  In addition to making conforming technical changes, the rule also makes minor technical
  and organizational revisions to ensure internal consistency within the regulation.
  In addition, FCA determined that no regulatory amendments are necessary to implement
  GAAP's enhanced disclosure requirements for loan modifications to borrowers experiencing
  financial difficulty or for amended vintage year disclosures, as existing FCA regulations
  already require GAAP-compliant financial reporting.
provenance:
  doc_id: 2026-15027
  doc_id_scheme: fr_docnum
  issuer:
  - Farm Credit Administration
  doc_type: Rule
  subtype: null
  action: Final rule.
  significant: false
entities:
- name: Irish Agriculture Minister Martin Heydon
  type: person
- name: Sorule
  type: organization
key_facts: []
related: []
related_auto:
- name: Hearts2Hearts
  type: person
  weight: 1.0
title: Loan Performance Categories and Financial Reporting
---

# Loan Performance Categories and Financial Reporting

## TL;DR
The Farm Credit Administration (FCA, we, or our) amends our regulatory high-risk loan performance categories by removing "Formally restructured loans (TDR)," also known as troubled debt restructurings. In 2022, changes in generally accepted accounting principles (GAAP) eliminated the accounting guidance for TDRs, enhanced disclosure requirements for certain loan refinancings and restructurings undertaken when a borrower is experiencing financial difficulty and changed existing vintage year disclosure requirements for public business entities. This final rule removes TDRs from our regulatory loan performance categories to reflect changes in GAAP. Because FCA regulations require Farm Credit System (System) institutions to prepare financial statements and reports in accordance with GAAP, retaining TDRs as a regulatory loan performance category is no longer consistent with current accounting standards. In addition to making conforming technical changes, the rule also makes minor technical and organizational revisions to ensure internal consistency within the regulation. In addition, FCA determined that no regulatory amendments are necessary to implement GAAP's enhanced disclosure requirements for loan modifications to borrowers experiencing financial difficulty or for amended vintage year disclosures, as existing FCA regulations already require GAAP-compliant financial reporting.

## Key Points
- Accounting / Agriculture / Banks, banking / Government securities / Investments / Reporting and recordkeeping requirements / Rural areas

## Details
(本文なし。リンク先参照)

## Source
元記事: [Loan Performance Categories and Financial Reporting](https://www.federalregister.gov/documents/2026/07/24/2026-15027/loan-performance-categories-and-financial-reporting) — published 2026-07-24T00:00:00Z