Each depositor insured to at least $250,000 per insured bank



Home > Regulation & Examinations > Bank Examinations > Risk Management Manual of Examination Policies




Risk Management Manual of Examination Policies

Section TOC | Manual Home | Manual Index | Previous | Next

Section 17.1 - Bank of Anytown-Report of Examination

Items Subject To Adverse Classification 99999

Includes assets and off-balance sheet items which are detailed in the following categories:
Substandard Assets - A Substandard asset is inadequately protected by the current sound worth and paying capacity of the obligor or of the collateral pledged, if any. Assets so classified must have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that the institution will sustain some loss if the deficiencies are not corrected.
Doubtful Assets - An asset classified Doubtful has all the weaknesses inherent in one classified Substandard with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions, and values, highly questionable and improbable.
Loss Assets - An asset classified Loss is considered uncollectible and of such little value that continuance as a bankable asset is not warranted. This classification does not mean that the asset has absolutely no recovery or salvage value, but rather it is not practical or desirable to defer writing off this basically worthless asset even though partial recovery may be effected in the future.
AMOUNT, DESCRIPTION AND COMMENTS
CATEGORY
Substandard
Doubtful
Loss
LOANS
290
290    
AMHILL, MARC
     
340
200 140  
BOND, JAMES
     
1,250
750   500
IMA DEADBEAT, LTD
     
750
750    
KRINGLE, CHRISTOPHER
     
Gty: Eight Tiny Reindeer
     
865
500   365
LAST CHANCE MOTEL, INC.
     
275
250   25
RABBIT, PETER
     
1,750
1,550    
8 LOANS LESS THAN $250,001
     
TOTAL ADVERSELY CLASSIFIED LOANS
4,290 140 890

Genesys provides 10 separate Data Display Types (DDT's) that can be used to display the classification of loans. Use of an individual template is at the examiner's discretion or regional preference.

SECURITIES

45
45
   
ANYCOUNTY MUNICIPAL GENERAL OBLIGATION      
TOTAL ADVERSELY CLASSIFIED SECURITIES
45
   

OTHER REAL ESTATE OWNED

550
550
   
ONE WAY HOME, INC. PROPERTY      
675
575
 
100
ROLLY HOLLY PROPERTY      
TOTAL ADVERSELY CLASSIFIED OTHER REAL ESTATE OWNED
1,125
 
100

OTHER ASSETS

25    
25
SUN, RAYMOND      

Heavy Equipment

     
TOTAL ADVERSELY CLASSIFIED OTHER ASSETS
   
25

CONTINGENT LIABILITIES

230
230
   
AMHILL, MARC      

Amount represents unfunded portion of loan commitment for construction of a single-family residence.

TOTAL ADVERSELY CLASSIFIED CONTINGENT LIABILITIES
230
   
TOTAL ADVERSELY CLASSIFIED ITEMS
5,690
140
1,015


Last Updated 03/04/2005 supervision@fdic.gov