Loan Policy
Banking Terms
Claytonisms
D,I,S, or C
First A Dream
100
Maximum LTV % for improved land?
What is 75%?
100
Income derived primarily from fees.
What is Non-Interest Income?
100
Requires teaming for exceptions.
What is 90/10?
100
Possible Weaknesses include: Oversteps authority. Argumentative attitude. Dislikes routine. Attempts too much at once.
What is a high D?
100
Famous female musician, appeared on Jim's TV show and is quoted on back of the book. Known for having really big….. Hair.
Who is Dolly Parton?
200
Defined as current assets divided by current liabilities.
What is Current Ratio?
200
Interest the bank receives on assets.
What is Earning Asset Yield (EAY)?
200
If you have to swallow these, swallow the big scudder first and don't look at them too long.
What are Frogs?
200
Motivated By: Flattery, praise, popularity, and acceptance. A friendly environment. Freedom from many rules and regulations. Other people available to handle details
What is a high I?
200
This is how Jim proposed to Kay.
What is underwater/scuba diving in Cayman Islands?
300
Debts that a person is not directly liable for, but could have to repay.
What are Contingent Liabilities?
300
Interest cost paid by a bank for the use of money.
What is Cost of funds?
300
If you see one on a fence post, it did not get there by itself.
What is a turtle?
300
Possible Weaknesses: Resists change. Takes a long time to adjust to change. Holds a grudge; sensitive to criticism. Difficulty establishing priorities
What is a high S?
300
The name of Jim's long-running television music show?
What is Startime?
400
A covenant that lays out what a borrower cannot do during the life of the loan?
What is a Negative Covenant?
400
Difference between the Bank’s earning asset yield (EAY) and the cost of funds (CoF).
What is Spread?
400
In people, _____(P) + _____(V) = Excellence (E)
What is Performance + Values?
400
Conscientious and even-tempered. Thorough to all activities. Defines situation; gathers, criticizes and tests information
What is a high C?
400
DAILY DOUBLE: This is Jim's undergraduate degree.
What is Electrical Engineering?
500
These are the 5 C’s of credit
What is Character Capacity Collateral Conditions Capital
500
Interest income minus interest expense as a percentage of earning assets.
What is Net Interest Margin?
500
C. E. D. stands for this.
What is Combine, Eliminate, Delegate?
500
Bottom-line organizer. Places value on time. Challenges the status quo. Innovative
What is a high D?
500
Jim's family kept this item under his parents bed and used it during the winter months. It should be emptied every morning.
What is the "thunder bucket"? Page 3.