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FDIC Federal Register Citations

From:
Randy Burris [mailto:randyb@firstbankms.com]
Sent: Wednesday, June 08, 2005 11:02 AM
To: Comments
Subject: changes to Loan Classifications

In regards to doing away with our present system, I am reminded what I have always been told. "if it is not broken why fix it".

The proposed changes of special mention, substandard and doubtful works for all community banks that I have knowledge. Why have a new system that will be more complex and burdensome on smaller instutitions. If it is a problem with a $1 Billion Bank apply a new rating system to them.  Sir, we are over regulated now....Please reconsider your proposed changes.

Sincerely
 
Randy Burris
Senior Lender, First Bank



Last Updated 06/09/2005 Regs@fdic.gov

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