(2)  -  In general, the accounting and reporting standards for the initial booking of foreclosed real estate are set forth in Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) Topic 310-40, Receivables- Troubled Debt Restructurings by Creditors, and ASC Topic 360, Property, Plant, and Equipment-10-35, Impairment or Disposal of Long-Lived Assets.