I am set to be examined in 1st quarter 2004 - our Commercial Department has two very large loans which will qualify as Community Development Loans (and we can use all we can get) - the loans are committed but will not fund until shortly after our exam. Should I at least let the examiners know about these commitments? Will I receive any type of credit for the fact that the commitments are made?

To start the discussion off Dave, will the loans fund shortly after the exam begins or shortly after the examiners leave ? They will be more inclined to give credit with the former and not the latter case. In either case, include the information, I am like you, I need all the credit I can get, especially for the dreaded investment test.

I agree with Don B. You want to let examiners know about them as the "Activity" and the banks involvement to make the loans is taking place now

Thanks Don(s)