Common use of LOAN REVIEW Clause in Contracts

LOAN REVIEW. (1) Within sixty (60) days, the Board shall establish an effective, independent and on-going loan review system to review, at least quarterly, the Bank's loan and lease portfolios to assure the timely identification and categorization of problem credits. The 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 consistent with the guidelines set forth in “Rating Credit Risk” and “Allowance for Loan and Lease Losses” booklets of the Comptroller’s Handbook. Such reports shall include, at a minimum, conclusions regarding:

Appears in 2 contracts

Samples: Grayson Bankshares Inc, occ.gov

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LOAN REVIEW. (1) Within sixty (60) daysdays of this Agreement, the Board shall establish an effective, independent and on-going ongoing loan review system to review, at least quarterly, review the Bank's ’s loan and lease portfolios to assure the timely identification and categorization of problem credits. The 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 consistent with the guidelines set forth in the “Rating Credit Risk” and “Allowance for Loan and Lease Losses” booklets of the Comptroller’s Handbook. Such reports shall include, at a minimum, conclusions regarding:

Appears in 1 contract

Samples: occ.gov

LOAN REVIEW. (1) Within sixty one hundred twenty (60120) days, the Board shall establish an effective, independent and on-going loan review system to review, at least quarterly, the Bank's loan and lease portfolios to assure the timely identification and categorization of problem creditsportfolios. The 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 consistent with the guidelines set forth in Rating Credit Risk” and “Allowance for Loan and Lease Losses” booklets , A-RCR, of the Comptroller’s Handbook. Such reports shall includeshall, at a minimum, include conclusions regarding:

Appears in 1 contract

Samples: occ.gov

LOAN REVIEW. (1) Within sixty ninety days (60) days90), the Board shall establish an effective, independent and on-going loan review system to review, at least quarterly, the Bank's loan and lease portfolios to assure the timely identification and categorization of problem credits. The 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 consistent with the guidelines set forth in “Rating Credit Risk” and “Allowance for Loan and Lease Losses” booklets of the Comptroller’s Handbook. Such reports shall include, at a minimum, conclusions regarding:

Appears in 1 contract

Samples: occ.gov

LOAN REVIEW. (1) Within sixty (60) days, the Board shall establish an effective, independent and on-on- going loan review system to review, at least quarterly, the Bank's loan and lease portfolios to assure the timely identification and categorization of problem credits. The 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 consistent with the guidelines set forth in “Rating Credit Risk” and “Allowance for Loan and Lease Losses” booklets Section 215 of the Comptroller’s HandbookHandbook for National Bank Examiners. Such reports shall includeshall, at a minimum, include conclusions regarding:

Appears in 1 contract

Samples: Agreement by And

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LOAN REVIEW. (1) Within sixty ninety (6090) days, the Board shall establish an effective, independent independent, and on-going loan review system program to review, at least quarterly, the Bank's ’s loan and lease portfolios portfolios, to assure the timely identification and categorization of problem credits. The system program shall provide for a written report to be filed with the Board promptly after each review and shall use employ a loan and lease grading rating system consistent with the guidelines set forth in “Rating Credit Risk” and “Allowance for Loan and Lease Losses,” booklets A-RCR and A-ALLL, respectively, of the Comptroller’s Handbook. Such reports shall include, at a minimum, conclusions regarding:

Appears in 1 contract

Samples: Agreement by And (Intervest Bancshares Corp)

LOAN REVIEW. (1) Within sixty (60) days, the Board shall establish an effective, independent and on-on- going loan review system to review, at least quarterly, the Bank's loan and lease portfolios to assure the timely identification and categorization of problem credits. The 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 consistent with the guidelines set forth in “Rating Credit Risk” and “Allowance for Loan and Lease Losses” booklets of the Comptroller’s Handbook. Such reports shall include, at a minimum, conclusions regarding:

Appears in 1 contract

Samples: www.occ.gov

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