Several of our directors have personal checking accounts that have "farm account" or "cattle account" in the title. Overdrafts have been paid on these accounts. Management claims that these accounts are for related interests of the directors. I do not believe that these accounts are exempt under 215.4(e) as related interests because there is no company/business entity. During a recent exam, no violations were cited regarding the overdrafts being paid on these accounts. Am I being too critical or did we get lucky that the examiners did not identify these?