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#44233 - 11/20/02 02:51 PM Lending Limits
campste Offline
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Joined: Jun 2002
Posts: 145
I have been asked to determine our lending limits, legally and statutory. We're an FDIC, state chartered bank.

Does anyone have a worksheet or program to calculate this on say a quarterly basis?

Your assistance would be greatly appreciated.

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General Discussion
#44234 - 11/20/02 05:51 PM Re: Lending Limits

Check out Reg O and also your state regs.

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#44235 - 11/20/02 07:06 PM Re: Lending Limits
Nanwa Offline
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Joined: Oct 2001
Posts: 5,564
Clintonville, WI, USA
Your state regs should govern this. FDIC doesn't. State of Wisconsin is 20% of capital stock, surplus, U/P, earnings,and unrealized gains/losses less intangibles.
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#44236 - 11/20/02 07:11 PM Re: Lending Limits
RR Joker Offline
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RR Joker
Joined: Nov 2002
Posts: 20,644
The Swamp
I have a spreadsheet that I developed for use with D&O lending limits for FDIC/FED and for the State of GA. If you are interested in it (obviously you would have to modify for your state's requirements) I'd be more than happy to send you a copy if you like.

Our officers use this for regular borrower requirements to a point, but it is designed for D&O.
My opinion only. Not legal advice.

Say you'll haunt me - Stone Sour

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#44237 - 11/20/02 08:07 PM Re: Lending Limits
Pale Rider Offline
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Joined: Aug 2002
Posts: 34,318
under the Lone Star
We are a state non-member savings bank that must follow the OCC Legal Lending Limits. Its just a straight 15% of core capital plus the ALLL. We calculate monthly and the board approves the number each month. We also track an internal lending limit, which is 67% of the legal lending limit.
Societies that do not find work in and of itself "pleasing to God and requisite to Man," tend to be highly corrupt.

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