Loan: Commercial Lending Policy

The purpose of this is to document the Bank’s Commercial Loan Policy to include:

• Asset Concentration
• Lending Authority
• Associated Regulation
• Classification of Collateral
• Basics of Credit
• Credit Evaluation Criteria
• Early Recognition and Reporting
• Documentation
• Commercial Loan Classification Policy
• Criticized Asset Status Memo Procedures
• Memos and Correspondence
• Declinations
• FASB 91 Fees
• Loan Proceeds Disbursement Methods
• Financial Information
• Loan Review Policy
• Foreclosure Policy
• Loan Review Procedure