Concentrations

Posted By: Nicole

Concentrations - 07/15/22 09:10 PM

Hello,
I'm a little new to this part of the compliance world. If you concentrations report shows you may go over your policy do we just maintain and monitor, report to board etc? Is there any regulation on what we should do or need to do if we do go over?

I hope I am asking this right, sorry if my question does not make any sense.

Thank you!
Posted By: ACBbank

Re: Concentrations - 07/17/22 02:13 PM

Are you referring to loan concentrations?
Posted By: Nicole

Re: Concentrations - 07/18/22 02:36 PM

yes thank you!