Common use of INDEPENDENT LOAN REVIEW Clause in Contracts

INDEPENDENT LOAN REVIEW. (1) Within ninety (90) days, the Board shall establish, implement, and thereafter ensure Bank adherence to an effective, independent and on-going loan review program to review, at least semi-annually, the Bank’s loan and lease portfolios to assure the timely and accurate risk rating of credits and the identification of credit information, collateral documentation, and policy exceptions. The Bank’s program shall provide for a written report to be filed with the Board after each review. Such reports shall include, at a minimum, conclusions regarding:

INDEPENDENT LOAN REVIEW. (1) Within ninety (90) days, the Board shall establish, implement, and thereafter ensure Bank adherence to an effective, independent and on-going loan review program system to review, at least semi-annually, the Bank’s 's loan and lease portfolios to assure the timely identification and accurate risk rating categorization of credits and the identification of credit information, collateral documentation, and policy exceptionsproblem credits. The Bank’s program system shall provide for a written report to be filed with the Board after each review. Such reports shall include, at a minimum, conclusions regarding:

INDEPENDENT LOAN REVIEW. (1) Within ninety (90) days, the Board shall establish, implement, and thereafter ensure Bank adherence to establish an effective, independent and on-on- going loan review program system to review, at least semi-annually, review the Bank’s 's loan and lease portfolios designed to assure the timely identify and accurate risk rating of credits and the identification of credit information, collateral documentation, and policy exceptionscategorize problem credits. The Bank’s program system shall provide for a written report to be filed with the Board after each reviewreview and shall use a loan and lease grading system consistent with the guidelines set forth in the Rating Credit Risk booklet, A-RCR, of the Comptroller’s Handbook. Such reports The minimum content of independent loan reviews shall include, at a minimum, conclusions regarding:

INDEPENDENT LOAN REVIEW. (1) Within ninety (90) days, the Board shall establish, implement, and thereafter ensure Bank adherence to an effective, independent independent, and on-going loan review program to review, at least semi-annually, the Bank’s loan and lease portfolios to assure the timely and accurate risk rating of credits and the identification of credit information, collateral documentation, and policy exceptions. The Bank’s program shall provide for a written report to be filed with the Board after each review. Such reports shall include, at a minimum, conclusions regarding:

INDEPENDENT LOAN REVIEW. (1) Within ninety (90) days, the Board shall establish, implement, and thereafter ensure Bank adherence to adopt an effective, independent and on-going loan review program system to review, at least semi-annually, the Bank’s 's loan and lease portfolios to assure the timely and accurate risk rating of credits and the identification of credit information, collateral documentation, and policy exceptions. The Bank’s program system shall provide for a written report to be filed with the Board after each review. Such reports shall include, at a minimum, written conclusions regarding:

INDEPENDENT LOAN REVIEW. (1) Within ninety sixty (9060) days, the Board shall establish, implement, and thereafter ensure Bank adherence to establish an effective, independent and on-on- going loan review program system to review, at least semi-annuallyquarterly, the Bank’s 's loan and lease portfolios to assure the timely identification and accurate risk rating categorization of credits and the identification of credit information, collateral documentation, and policy exceptionsproblem credits. The Bank’s program system shall provide for a written report to be filed with the Board after each reviewreview and shall use a loan and lease grading system consistent with the guidelines set forth in the “Rating Credit Risk” booklet of the Comptroller’s Handbook for National Bank Examiners. Such reports shall includeshall, at a minimum, include conclusions regarding:

INDEPENDENT LOAN REVIEW. (1) Within ninety (90) days, the Board shall establishensure the establishment, implementimplementation, and thereafter ensure Bank adherence to an effective, independent and on-going loan review program system to review, at least semi-annuallyquarterly, the Bank’s 's commercial and retail loan and lease portfolios to assure the timely identification and accurate risk rating categorization of credits and the identification of credit information, collateral documentation, and policy exceptionsproblem credits. The Bank’s program system shall provide for a written report to be filed with the Board after each review. Such reports shall include, at a minimum, conclusions regarding:

INDEPENDENT LOAN REVIEW. (1) Within ninety thirty (9030) days, the Board shall establishdevelop, implement, and thereafter ensure Bank adherence to an effective, a written program providing for independent and on-going loan review program to review, at least semi-annually, of the Bank’s commercial loan and lease portfolios to assure portfolio for the timely and accurate risk rating purpose of credits and the identification of monitoring portfolio trends, assessing overall credit information, collateral documentationrisk, and policy exceptionsevaluating the effectiveness of the Bank’s credit risk management. The Bank’s program shall require a semi-annual report to the Board. At a minimum the program shall provide for a written report to be filed with an independent reviewer’s assessment of the Board after each review. Such reports shall include, at a minimum, conclusions regardingBank’s:

INDEPENDENT LOAN REVIEW. (1) Within ninety (90) days, the Board shall establish, implement, and thereafter ensure Bank adherence to an effective, independent and on-going loan review program system to review, at least semi-annually, the Bank’s 's loan and lease portfolios to assure the timely and accurate risk rating ratings of credits and the identification of credit information, collateral documentation, and policy exceptions. The Bank’s program system shall provide for a written report to be filed with the Board after each review. Such reports shall include, at a minimum, conclusions regarding:

INDEPENDENT LOAN REVIEW. (1) Within ninety (90) days, the Board shall establish, implement, and thereafter ensure Bank adherence to establish an effective, independent and on-going loan review program system to review, at least semi-annually, review the Bank’s 's loan and lease portfolios designed to assure the timely identify and accurate risk rating of credits and the identification of credit information, collateral documentation, and policy exceptionscategorize problem credits. The Bank’s program system shall provide for a written report to be filed with the Board after each reviewreview and shall use a loan and lease grading system consistent with the guidelines set forth in the Rating Credit Risk booklet, A-RCR, of the Comptroller’s Handbook. Such reports shall includeshall, at a minimum, include conclusions regarding: