Risk Management Manual of Examination Policies - FDIC

Assets with Credit Data or Collateral Documentation Exceptions 99999
This Page includes assets with technical defects not corrected during the examination. The appropriate number or description is noted in the
“Deficiency Description” column.
1 - Appraisal 6 - Collateral Assignment
2 - Title Search or Legal Opinion 7 - Financial Statement
3 - Borrowing Authorization 8 - Inadequate Income/Cash Flow Information
4 - Recordation 9 - Livestock Inspection
5 - Insurance 10 - Crop Inspection
LOANS
Name or Description Amount
Date of Most
Recent Financial
Statement
AMHILL, MARC 400 None 7
BODY, CHARLES 1,932 12/31/2002 7
C&C MARINA 1,973 06/30/2002 7
GOETZ, MICHAEL 1,538 1, 6
IMA DEADBEAT, LTD. 270 4, 6
JENNINGS, JENNIFER 1,866 1, 5, 6
KRINGLE, CHRISTOPHER 750 5, 6
Gty: Eight Tiny Reindeer None 7
LAST CHANCE MOTEL, INC. 560 3, 4, 6
TOTAL 9,289
Total represents 33 percent of the dollar volume of loans reviewed.
OTHER REAL ESTATE OWNED
ONE WAY HOME, INC. PROPERTY 550 1
ROLLY HOLLY PROPERTY 675 1, 5
TOTAL 1,225
Total represents 100 percent of the dollar volume of ORE reviewed.
25
Deficiency Description