IV 
111TH CONGRESS 
1ST SESSION 
H. RES. 943 
Expressing the sense of the House of Representatives that the Federal bank-
ing regulators should, with respect to well-managed community-based 
depository institutions, permit appropriate capital forbearance, troubled 
debt restructuring accounting practices, and other time-tested measures 
that would allow such institutions to continue to provide for the financial 
vitality for our Nation’s small businesses and family farms. 
IN THE HOUSE OF REPRESENTATIVES 
DECEMBER 3, 2009 
Mr. COFFMAN
of Colorado (for himself, Mr. PERLMUTTER, and Mr. 
LUETKEMEYER) submitted the following resolution; which was referred to 
the Committee on Financial Services 
RESOLUTION 
Expressing the sense of the House of Representatives that 
the Federal banking regulators should, with respect to 
well-managed community-based depository institutions, 
permit appropriate capital forbearance, troubled debt re-
structuring accounting practices, and other time-tested 
measures that would allow such institutions to continue 
to provide for the financial vitality for our Nation’s small 
businesses and family farms. 
Whereas a strong national economy and the financial well- 
being of millions of American citizens are dependent upon 
the continued financial vitality of our small businesses 
and family farms; 
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Whereas the economic viability of our small businesses and 
family farms is directly tied to the ability of the Nation’s 
community-based financial institutions to provide needed 
credit and to permit their borrowers to restructure exist-
ing debt in a responsible and reasonable manner; 
Whereas problems which now pervade our economy but are 
expected to be transitory in nature have placed severe fi-
nancial pressure on a number of small businesses and 
family farms and have, in turn, resulted in escalating lev-
els of loan defaults and depressed property values; 
Whereas these economic difficulties and increases in required 
capitalization levels by regulators have made it extremely 
difficult, and often impossible, for community lenders to 
maintain their capital at levels currently mandated by fi-
nancial regulators without severely limiting the ability of 
many lenders to continue to make the same levels of 
credit available as prior to this period of economic dis-
tress; 
Whereas the foregoing have had and are continuing to have 
spiraling downward effects on the ability of many small 
businesses and family farms to remain viable employers 
and strong components of the nation’s economy; 
Whereas under difficult economic conditions which occurred 
in the 1980s, Federal and State agencies that regulate 
community based financial institutions developed appro-
priate capital forbearance, troubled debt restructuring ac-
counting practices, and other policies to assist those insti-
tutions that were well-managed; and 
Whereas these measures were undertaken to ensure that 
these financial institutions remained viable sources of fi-
nancial strength for their communities and to assist their 
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borrowers in reasonable and responsible allocation of 
credit so as to enable deserving borrowers to weather 
temporary economic pressures; maintain access to reliable 
sources of credit; and remain as important sources of em-
ployment and economic strength: Now, therefore, be it 
Resolved, That it is the sense of the United States 
House of Representatives that the Comptroller of the Cur-
rency, the Federal Deposit Insurance Corporation, the 
Board of Governors of the Federal Reserve System, the 
Director of the Office of Thrift Supervision and all other 
agencies, State and Federal, which regulate the conduct 
and affairs of community-based depository institutions 
should develop appropriate policies, similar to those com-
mencing in the mid-to-late 1980s, that will— 
(1) permit well-managed community-based de-
pository institutions to temporarily maintain capital 
at levels less than that currently required, condi-
tioned upon the submission and regulatory approval 
of an appropriate plan to restore capital levels by a 
date certain, as determined by the appropriate agen-
cies; 
(2) permit well-managed community-based de-
pository institutions to temporarily account for trou-
bled debt restructuring in a manner which allows a 
loan to continue to be carried on the institution’s 
books without loss recognition if the loan is formally 
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restructured in a manner so that it is probable that 
the borrower can repay the loan under the new 
terms and that the total future cash payments at 
least equal the loan amount on the institution’s 
books; 
(3) ensure that field examiners are not inappro-
priately classifying loans based on judgements about, 
or relationship of various types of loans, to currently 
stressed sectors of the economy apart from the abil-
ity of the loans to show likelihood of repayment 
based on positive cash flows, ample amounts of col-
lateral and other mitigating factors; and 
(4) include such additional temporary accom-
modations for well-managed community-based depos-
itory institutions as the agencies determine are ap-
propriate, including regulatory forbearance similar 
to that provided in the 1980s, to assist those institu-
tions in remaining vital sources of financial strength 
for their communities, while maintaining needed 
standards to assure the continued financial integrity 
of those institutions and communities. 
Æ 
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