Credit Evaluation School - October 2023

Internal Use Only

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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Internal Use Only

CLASSIFICATION Government guaranties are also removed from classification • Small Business Administration (SBA) • Farm Service Agency (FSA) • Some states have loan guaranty programs • Others?

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