Credit Evaluation School - June 2022

CLASSIFICATION Amounts secured by cash collateral not classified IF completely documented: • Assigned Certificates of Deposit • Assigned savings accounts with holds on the account • Listed securities with adequate documentation

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CLASSIFICATION EXAMPLE – CASH COLLATERAL EXCLUDED

The $10,000 CD (certificate of deposit) assigned as collateral is deleted from classification, with the remaining balance classified Substandard.

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Pge 12