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LOCOM |
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However, the proposal would virtually eliminate the use of LOCOM (lower of cost or market value) accounting for marketable securities and would reduce the number and amount of debt securities that financial institutions and other entities can include in their investment category. 1 million, a LOCOM write down for the Company's held for sale single family residential loan portfolio of $3. Year-over year comparisons were positively impacted by net gains associated with the impacts of MTM and LOCOM accounting totaling $13. |
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