Appeals of Material Supervisory Determinations: Guidelines
(February 29, 1996)
The Supervision Appeals Review Committee (Committee) of the
Federal Deposit Insurance Corporation (FDIC) on February 21, 1996,
considered your appeal and concludes that in view of the asset quality
problems cited in the August 14, 1995, FDIC Report of Examination and the
noted lack of an established positive earnings trend (only six months of
nominal earnings as of the date of examination), the Composite 4 rating
assigned to the [Bank] (Bank) is appropriate. The Committee recognizes
that Bank management has made a number of significant improvements; however,
there all still a number of negatives that warrant close supervisory
Pursuant to FDIC
guidelines, the scope of the Committees review was limited to the facts and
circumstances that existed at the time of the examination.
This determination is considered a final
supervisory decision of the FDIC.
By direction of the Supervision Appeals
Review Committee of the FDIC.