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:

QUALITATIVE FACTORS

Portfolio

    

National / International

    

Local

Experience and ability of lending team

Interest rates

Gross state product

Pace of loan growth

Inflation

Unemployment rate

Footprint and expansion

Unemployment

Home prices

Execution of loan risk rating process

Level of economic activity

CRE prices

Degree of credit oversight

Political and trade uncertainty

Underwriting standards

Asset prices

Delinquency levels in portfolio

Charge-off trends in portfolio

Credit concentrations / nature and volume of the portfolio