Page Redirection


		Home > Regulation & Examinations > Bank Examinations > Risk Management Manual of Examination Policies

Risk Management Manual of Examination Policies

Section TOC | Manual Home | Manual Index | Previous | Next

Section 17.1 - Bank of Anytown-Report of Examination

Items Subject To Adverse Classification

99999

AMOUNT, DESCRIPTION AND COMMENTS	CATEGORY
Includes assets and off-balance sheet items which are detailed in the following categories: Substandard Assets - A Substandard asset is inadequately protected by the current sound worth and paying capacity of the obligor or of the collateral pledged, if any. Assets so classified must have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that the institution will sustain some loss if the deficiencies are not corrected. Doubtful Assets - An asset classified Doubtful has all the weaknesses inherent in one classified Substandard with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions, and values, highly questionable and improbable. Loss Assets - An asset classified Loss is considered uncollectible and of such little value that continuance as a bankable asset is not warranted. This classification does not mean that the asset has absolutely no recovery or salvage value, but rather it is not practical or desirable to defer writing off this basically worthless asset even though partial recovery may be effected in the future.
AMOUNT, DESCRIPTION AND COMMENTS	Substandard	Doubtful	Loss
LOANS
290	290
AMHILL, MARC
340	200	140
BOND, JAMES
1,250	750		500
IMA DEADBEAT, LTD
750	750
KRINGLE, CHRISTOPHER
Gty: Eight Tiny Reindeer
865	500		365
LAST CHANCE MOTEL, INC.
275	250		25
RABBIT, PETER
1,750	1,550
8 LOANS LESS THAN $250,001
TOTAL ADVERSELY CLASSIFIED LOANS	4,290	140	890
Genesys provides 10 separate Data Display Types (DDT's) that can be used to display the classification of loans. Use of an individual template is at the examiner's discretion or regional preference.
SECURITIES
45	45
ANYCOUNTY MUNICIPAL GENERAL OBLIGATION
TOTAL ADVERSELY CLASSIFIED SECURITIES	45
OTHER REAL ESTATE OWNED
550	550
ONE WAY HOME, INC. PROPERTY
675	575		100
ROLLY HOLLY PROPERTY
TOTAL ADVERSELY CLASSIFIED OTHER REAL ESTATE OWNED	1,125		100
OTHER ASSETS
25			25
SUN, RAYMOND
Heavy Equipment
TOTAL ADVERSELY CLASSIFIED OTHER ASSETS			25
CONTINGENT LIABILITIES
230	230
AMHILL, MARC
Amount represents unfunded portion of loan commitment for construction of a single-family residence.
TOTAL ADVERSELY CLASSIFIED CONTINGENT LIABILITIES	230
TOTAL ADVERSELY CLASSIFIED ITEMS	5,690	140	1,015

Last Updated 03/04/2005

supervision@fdic.gov

Federal Deposit
Insurance Corporation

Each depositor insured to at least $250,000 per insured bank