Risk Rating
What loans constitute as the least risky credit facilities?
Risk Rating 1 (cash-secured)
After how many days does a delinquent loan get reported to the Board of Directors?
30 days?
Who oversees the Loan Operations Staff?
Chief Operations Officer (Royce)
What is the minimum cash equity required on a Commercial Special- Use R/E Loan?
30% of total cost of the project.
Who is our Current CFO?
George Musselman
What risk ratings are classified as potentially weak?
Rating 6-7
What continual monitoring is done to identify problem loans?
Past due Reports, Exception Reports, & General Economic Trends.
Who can approve funding of loan proceeds after a loan is matured?
CEO
What is the LTV for a Hotel/Motel Loan
Who can Approve a Level C wire ($250,000 - $1,000,000)?
2 Officer's signatures of VP level or above, one MUST be SVP or above
What loans are generally not given a risk rating of 2?
Commercial Real Estate
Calling the loan
How often are Exception Documentation Reported to the Board of Directors?
Monthly
What is the Banks LTV on Commercial Land Developed Lots
75%
What is the building we are set to move in to?
Merchants Ice Building
At what risk rating should a loan be charged off at?
Risk Rating 10 (Loss)
What is sent to all borrowers, co-signers, and guarantors when a loan is called?
Demand/Acceleration Letter
Specifically, what department is in charge of document retention?
QCSS
5%
Where are the TPB Branches Located?
Alpine, Marathon, & Pecos
Risk Rating 6 (Pass/Watch)
What report is required when a loan has been classified as Substandard or worse?
Classified Asset Report (CAR)
After how many days is a loan considered "Stale"?
What is the bank's LTV on Warehouse and Industrial R/E Loans?
80%
What year was the bank founded?
1924