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FDIC Federal Register Citations

First State Bank

From: Jay Rehnstrom 
Sent: Friday, June 10, 2005 10:40 AM
To: Comments
Subject: Docket Number OP-1227
Dear Sirs:
I strongly oppose the Interagency Proposal on the Classification of Commercial Credit Exposures. This would be very detrimental to our small, $23 million dollar asset bank. Our internal methods for analyzing credit risk is more than sufficient for both us and our examining authorities with our level of classifications below 2% of capital. Ultimately any cost of more regulation will be paid by our customers which would also not be a positive thing.  Thank you for giving my concerns attention.
Jay R. Rehnstrom
First State Bank
123 Main St.
Sioux Rapids, IA  50585

Last Updated 06/13/2005

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