Credit Evaluation School Dec 2022

ABBREVIATIONS USED IN LINECARDS OR LOAN COMMITTEE MEMORANDUMS:

AL

Acres of Land

LS Livestock M&E Machinery & Equipment M/M Mr. and Mrs. MI Monthly Interest Mo. Monthly Mtg Mortgage P Prime Rate P&L Profit & Loss Statement PATL Pledged against total liability (collateral listed is pledged against all debt) RE Real Estate Rec. Recorded date S/S Shares of Stock SA Security Agreement SBA Small Business Administration

AR Accounts Receivable ARM Adjustable Rate Mortgage Assign Assignment AV Appraised Value Brand Brand Filing CD Certificate of Deposit CFD Contract for Deed CRP Crop Reduction Program D/T Deed of Trust (similar to Security Deed) End Endorser F&F Furniture & Fixtures F&G Feed & Grain FmHA Farmers Home Administration FS Financial Statement GTY Guaranty Int Interest INS Insurance Inv Inventory JM Joint Maker LC Letter of Credit LOC Line of Credit

T/C

Title Certificate

TI Title Insurance UCC Uniform Commercial Code W/C Working Capital