Credit Evaluation School - June 2022

CLASSIFICATION • Clear and concise reasons for classification • Accurate • Include management's response including any commitments • If the debt was classified at the previous examination, include the information - how classified, and at what amount

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CLASSIFICATION EXAMPLE – PREVIOUSLY CLASSIFIED

Debt classified Substandard at the previous examination in the amount of $150,000. Collateral remains the same.

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Pge 11