Common use of EXTERNAL LOAN REVIEW Clause in Contracts

EXTERNAL LOAN REVIEW. (1) Within sixty (60) days of this Agreement, the Board shall engage a qualified independent consultant to perform quarterly asset quality reviews of the Bank’s loan portfolio. The consultant shall provide a written report to be filed with the Board after each review and shall use a loan and lease grading system that accurately identifies and stratifies risk. Refer to the “Rating Credit Risk” booklet of the Comptroller’s Handbook for guidance. Such reports shall, at a minimum, include comments and conclusions regarding:

EXTERNAL LOAN REVIEW. (1) Within sixty (60) days of this Agreement, the Board shall engage employ a qualified independent consultant to perform quarterly semi-annual asset quality reviews of the Bank’s loan portfolio. The consultant scope of the external loan review shall provide for a written report to be filed with the Board after each review and shall use a loan and lease grading system that accurately identifies and stratifies risk. Refer to consistent with the “guidelines set forth in Rating Credit Risk” booklet , A-RCR, of the Comptroller’s Handbook for guidanceHandbook. Such reports shall, at a minimum, include comments and conclusions regarding:

EXTERNAL LOAN REVIEW. (1) Within sixty (60) days of this Agreement, the Board shall engage employ a qualified independent consultant to perform quarterly periodic (at least semi-annually) asset quality reviews of the Bank’s loan portfolio. The consultant scope of the external loan review shall provide for a written report to be filed with the Board after each review and shall use a loan and lease grading system that accurately identifies and stratifies risk. Refer to consistent with the “guidelines set forth in Rating Credit Risk” booklet , A-RCR, of the Comptroller’s Handbook for guidanceHandbook. Such reports shall, at a minimum, include comments and conclusions regarding:

EXTERNAL LOAN REVIEW. (1) Within sixty (60) days of the date of this Agreement, the Board shall engage employ a qualified independent consultant to perform quarterly semi-annual asset quality reviews of the Bank’s 's loan portfolio. The consultant scope of the external loan review shall provide for a written report to be filed with the Board after each review and shall use a loan and lease grading system that accurately identifies and stratifies risk. Refer to consistent with the “Rating Credit Risk” booklet of the Comptroller’s Handbook for guidanceguidelines set forth in. Such reports shall, at a minimum, include comments and conclusions regarding:

EXTERNAL LOAN REVIEW. (1) Within sixty (60) days of this Agreementdays, the Board shall engage employ a qualified independent consultant to perform quarterly semi-annual asset quality reviews of the Bank’s loan portfolio. The consultant external loan review system shall provide for a written report to be filed with the Board after each review and shall use a loan and lease grading system that accurately identifies and stratifies risk. Refer to consistent with the “guidelines set forth in Rating Credit Risk” booklet , A-RCR, of the Comptroller’s Handbook for guidanceHandbook. Such reports shall, at a minimum, include comments and conclusions regarding:

EXTERNAL LOAN REVIEW. (1) Within sixty (60) days of this Agreement, the Board shall engage employ a qualified independent consultant to perform quarterly annual asset quality reviews of the Bank’s loan portfolio. The consultant scope of the external loan review shall provide for a written report to be filed with the Board after each review and shall use a loan and lease grading system that accurately identifies and stratifies risk. Refer to consistent with the “guidelines set forth in Rating Credit Risk” booklet , A-RCR, of the Comptroller’s Handbook for guidanceHandbook. Such reports shall, at a minimum, include comments and conclusions regarding:

EXTERNAL LOAN REVIEW. (1) Within sixty thirty (6030) days of the date of this Agreement, the Board shall engage employ a qualified independent consultant to perform quarterly an asset quality reviews review of the Bank’s loan portfolio. The consultant external loan review shall provide for a written report to be filed with the Board after each review and shall use a loan and lease grading system that accurately identifies and stratifies risk. Refer to consistent with the “guidelines set forth in Rating Credit Risk” booklet Risk of the Comptroller’s Handbook for guidanceHandbook. Such reports a report shall, at a minimum, include comments and conclusions regarding:

EXTERNAL LOAN REVIEW. (1) Within sixty thirty (6030) days of this Agreementdays, the Board shall engage employ a qualified independent consultant to perform quarterly semiannual asset quality reviews of the Bank’s loan portfolio. The consultant external loan review system shall provide for a written report to be filed with the Board after each review review, shall address relevant issues discussed in OCC Bulletin 2006-47, and shall use a loan and lease grading system that accurately identifies and stratifies risk. Refer to consistent with the guidelines set forth in the “Rating Credit Risk” booklet of the Comptroller’s Handbook for guidanceHandbook. Such reports shall, at a minimum, include comments and conclusions regarding:

EXTERNAL LOAN REVIEW. (1) Within sixty thirty (6030) days of this Agreement, the Board shall engage employ a qualified independent consultant to perform quarterly an asset quality reviews review of the Bank’s loan portfolio. The consultant external loan review shall provide for a written report to be filed with the Board after each review and shall use a loan and lease grading system that accurately identifies and stratifies risk. Refer to consistent with the “guidelines set forth in Rating Credit Risk” booklet Risk of the Comptroller’s Handbook for guidanceHandbook. Such reports report shall, at a minimum, include comments and conclusions regarding:

EXTERNAL LOAN REVIEW. (1) Within sixty (60) days of this Agreementdays, the Board shall engage employ a qualified independent consultant to perform quarterly an asset quality reviews review of the Bank’s loan portfolio. The consultant external loan review shall provide for a written report to be filed with the Board after each review and shall use a loan and lease grading system that accurately identifies and stratifies risk. Refer to consistent with the “guidelines set forth in Rating Credit Risk” booklet Risk of the Comptroller’s Handbook for guidanceHandbook. Such reports a report shall, at a minimum, include comments and conclusions regarding:

EXTERNAL LOAN REVIEW. (1) Within sixty thirty (6030) days of the date of this Agreement, the Board shall engage employ a qualified independent consultant to perform quarterly an asset quality reviews review of the Bank’s loan portfolio. The consultant external loan review shall provide for a written report to be filed with the Board after each review and shall use a loan and lease grading system that accurately identifies and stratifies risk. Refer to consistent with the “guidelines set forth in Rating Credit Risk” booklet Risk of the Comptroller’s Handbook for guidanceHandbook. Such reports report shall, at a minimum, include comments and conclusions regarding:

EXTERNAL LOAN REVIEW. (1) Within sixty (60) days of this Agreement, the Board shall engage employ a qualified independent consultant to perform quarterly perform, on at least an annual basis, asset quality reviews of the Bank’s CRE and commercial nonmortgage loan portfolioportfolios. The consultant scope of the external loan review shall provide for a written report to be filed with the Board after each review and shall use a loan and lease grading system that accurately identifies and stratifies risk. Refer to consistent with the “guidelines set forth in Rating Credit Risk” booklet , A-RCR, of the Comptroller’s Handbook for guidanceHandbook. Such reports shall, at a minimum, include comments and conclusions regarding: