Common use of LOAN RISK RATING SYSTEM Clause in Contracts

LOAN RISK RATING SYSTEM. (1) Within thirty (30) days, and on an ongoing basis thereafter, the Board shall ensure that the Bank’s internal ratings of commercial credit relationships in excess of one hundred thousand dollars ($100,000) (“Covered Relationship”) are timely, accurate, and consistent with the regulatory credit classification criteria set forth in Rating Credit Risk, A-RCR, of the Comptroller’s Handbook and the OCC’s Summary of Key Principles: Construction & Development Lending, dated April 8, 2008. At a minimum, the Board must ensure, on an ongoing basis, that with respect to the Bank’s assessment of credit risk of any Covered Relationship:

LOAN RISK RATING SYSTEM. (1) Within thirty [ninety (30) 90)] days, and on an ongoing basis thereafter, the Board shall must ensure that the Bank’s internal risk ratings of commercial credit relationships in excess of one hundred thousand dollars One Hundred Fifty Thousand Dollars ($100,000150,000) (“Covered Relationship”) covered relationship), as assigned by responsible loan officers and by internal loan review, are timely, accurate, and consistent with the regulatory credit classification criteria set forth in the Rating Credit RiskRisk Booklet, A-RCR, of the Comptroller’s Handbook and the OCC’s Summary of Key Principles: Construction & Development Lending, dated April 8, 2008Handbook. At a minimum, the Board must ensure, on an ongoing basis, that with respect to the Bank’s assessment of credit risk of any Covered Relationshipcovered relationship:

LOAN RISK RATING SYSTEM. (1) Within thirty (30) days, and on an ongoing basis thereafter, the Board shall must ensure that the Bank’s internal risk ratings of commercial credit relationships in excess of one hundred thousand dollars ($100,000) (“Covered Relationshipcovered relationship”) ), as assigned by responsible loan officers and by internal loan review, are timely, accurate, and consistent with the regulatory credit classification criteria set forth in the Rating Credit Risk, A-RCR, Risk Booklet of the Comptroller’s Handbook Handbook, and the OCC’s Summary of Key Principles: CRE/Construction & Development Lending, Lending dated April 89, 2008. At a minimum, the Board must ensure, on an ongoing basis, that with respect to the Bank’s assessment of credit risk of any Covered Relationshipcovered relationship:

LOAN RISK RATING SYSTEM. (1) Within thirty (30) days, and on an ongoing basis thereafter, the Board shall must ensure that the Bank’s internal risk ratings of commercial credit relationships in excess of one hundred thousand dollars ($100,000) (“Covered Relationship”) covered relationship), as assigned by responsible loan officers and by internal loan review, are timely, accurate, and consistent with the regulatory credit classification criteria set forth in the Rating Credit Risk, A-RCRRisk Booklet, of the Comptroller’s Handbook Handbook, and the OCC’s Summary of Key Principles: CRE/Construction & Development Lending, Lending dated April 89, 2008. At a minimum, the Board must ensure, on an ongoing basis, that with respect to the Bank’s assessment of credit risk of any Covered Relationshipcovered relationship: