Annual report pursuant to Section 13 and 15(d)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

v3.19.3.a.u2
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2019
Accounting Policies [Abstract]  
Schedule of Qualitative Factors

The following table shows the types of qualitative factors management considers:

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QUALITATIVE FACTORS

Portfolio

    

National / International

    

Local

Experience and ability of lending team

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Interest rates

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Gross state product

Pace of loan growth

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Inflation

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Unemployment rate

Footprint and expansion

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Unemployment

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Home prices

Execution of loan risk rating process

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Level of economic activity

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CRE prices

Degree of credit oversight

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Political and trade uncertainty

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Underwriting standards

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Asset prices

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Delinquency levels in portfolio

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Charge-off trends in portfolio

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Credit concentrations / nature and volume of the portfolio

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