Small Banks

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Definitions
Reserve Method (Bad Debts)
Reserve Method Bad Debts Accrual Basis Taxation Accounting Methods Specific Charge-Off Method Financial Reporting Small Banks Thrift Institutions
The accrual of bad-debt expense based on the projected worthlessness of receivables or prior experience with uncollectible receivables. The reserve method is permitted only for some small banks and thrift institutions with assets of $500 million or less, while other accrual taxpayers must use the specific charge-off method.
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