Applies to Directors, Executive Officers, Prin. Shareholders and their Related Interests.

EO for Regulation O are     (write in names here)

· Prior approval from a majority of the Board of Directors is required for loans exceeding $500,000

· Prior approval from a majority of the Board of Directors is required when aggregate borrowings exceed $500,000

· Document approval in Board minutes if prior approval required

· Document in Board minutes that the director abstained from voting

· Director and Related Interest Lending Limit:

Direct loans +

Loans to related interests +

Loans guaranteed by a director,

EO, or Prin. Shareholder must be ≤ bank’s lending limit which is

Calculated quarterly by bank

Controller

· EO Lending Limits = NE state law $ limit þ lower right-hand box.)

Þ Credit cards up to $15,000 not

included in debt subject to

insider lending limit

Þ Overdraft protection up to

$5,000 not included in debt

subject to insider lending limit

(THIS CHART ILLUSTRATES, FOR EXAMPLE PURPOSES, THE STATE LAW IN PAM'S STATE)

· Not required by state law

· Include direct and guaranteed debts

· Any amount to finance education of executive officer’s children.

· Any amount to finance or refinance the purchase, improvement, or construction of the executive officer’s residence

· For any other purpose not specified above provided total "other purpose " debt to the executive officer does not exceed $100,000

Þ Minimal risk transactions, such

as those secured by a CD or

investment securities are

exempt from the $100,000