Loan Loss Reserve Policy Update

Product Update Notification - 01/23/07

Loan Loss Reserve Policy Template Update

Bankpolicies.com is proud to announce the immediate availability of our revised Loan Loss Reserve (ALLL) Policy Template product.

This product was revised in response to the Federal Financial Regulatory Agencies Joint Press Release dated December 13, 2006 that announced a new interagency policy statement on the Allowance for Loan and Lease Losses (ALLL). The new policy statement revises and replaces a 1993 policy statement on the ALLL.

http://www.federalreserve.gov/boarddocs/press/bcreg/2006/20061213/default.htm

Click here to review detailed subject matter regarding new, revised or deleted topics for this product.

Product Contents

Purpose and Contents - Topic 1

Policy Statement - Topic 2

Responsibility - Topic 3

Uniform Policy Guidelines - Topic 4

Evaluation Process - Topic 5

Frequency - Topic 6

Methodology - Topic 7

Application of GAAP - Topic 8

ALLL FAS 114 Guidelines - Topic 9

ALLL FAS 5 Guidelines - Topic 10

Recommendations, Documentation and Approval - Topic 11

Recoveries - Topic 12

Includes the following form template:

Loan Grade Change Request (1 page)

Ordering Information

This revised product is available to purchase from Bankpolicies.com for:

$275.00 - List Price

- or -

$50.00* - Update Price

*Applies only to clients who have purchased our Loan Loss Reserve (ALLL) Policy Template within the last three years in addition to the following prior update (if applicable):

Loan Loss Reserve (ALLL) Policy Template Update - 05/02/06 - $75.00

If you have ordered this product after 12/23/06 you are eligible to receive the updated product at no charge.

Click here to place an order for this product. Clients who are eligible for our Legacy Rewards Volume Discount can apply their applicable discount level to the list or update price (whichever applies).

NOTE: Refer to our Place an Order page for important information regarding payment terms and our return policy. Orders placed for Product Updates are only available directly through Bankpolicies.com.

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