Agricultural and Energy Bank Incentive Act

[AI summary unavailable — showing source text] Agricultural and Energy Bank Incentive Act - Amends the Federal Deposit Insurance Act to require the appropriate Federal banking agency to: (1) permit an insured agricultural or energy bank to account for troubled debt restructuring according to generally accepted accounting principles by not requiring a change in the recorded investment unless the investment exceeds total, reasonably anticipated, future receipts given the new terms of the loan; (2) establish a program of capital standard forbearance for such an insured bank for which capital reduction is largely attributable to problems in the agricultural or energy sectors of the economy; and (3) implement call report requirements for renegotiated loans which authorize such loans to be disclosed as "restructured and in compliance with modified terms." Prohibits a national banking association from holding real estate under mortgage or purchased to secure debts for longer than ten years with no extension (currently, five years with a five-year extension if approved by the Comptroller of the Currency). Directs the Comptroller of the Currency to establish new lending limits for banks covered by the capital standard forbearance progra…