FDIC Loans Identify Loan types UPDATED ACTUAL
Questions and CORRECT Answers
, Non-homogeneous loans include? ADC
CRE
C&I
Ag
Commercial loans term loan Used to acquire assets like plants or equipment
Commercial loans inventory lending risks MARSQ
Marketability
Accessibility or location
Reliability of reporting
Seasonality
Quality control
Two types of AR Financing Blanket
Ledgering
Blanket AR Financing Hands off. Bank gets periodic info
Ledgering AR financing Hands on. Bank receives duplicate copies of invoices prior to advancement.
Borrower's customer remits payment directly to bank.
Construction lending types Standard payment plan
Progress payment plan
Standard payment plan construction lending Pre-established schedule of fixed payments with draws based on completion
Progress payment plan construction lending Monthly disbursements totaling 90% of indicated completed value, with 10% held
back
Ag lending types Grain
Feeder livestock
Breeder livestock
Ag Feeder/grain adverse classification Can be held back from classification if inspections have not been done within 90
days of exam start
Ag Breeder adverse classification Can be held back from classification if inspections have not been done within 180
days of exam start
What is measure to be an "Ag Bank" If 25% of gross loans in ag production and farmland loans
Direct leasing types Net lease
Full payout lease
Leveraged lease
Rentals
Net lease Bank isn't obligated to assume the expenses of maintaining the equipment
Questions and CORRECT Answers
, Non-homogeneous loans include? ADC
CRE
C&I
Ag
Commercial loans term loan Used to acquire assets like plants or equipment
Commercial loans inventory lending risks MARSQ
Marketability
Accessibility or location
Reliability of reporting
Seasonality
Quality control
Two types of AR Financing Blanket
Ledgering
Blanket AR Financing Hands off. Bank gets periodic info
Ledgering AR financing Hands on. Bank receives duplicate copies of invoices prior to advancement.
Borrower's customer remits payment directly to bank.
Construction lending types Standard payment plan
Progress payment plan
Standard payment plan construction lending Pre-established schedule of fixed payments with draws based on completion
Progress payment plan construction lending Monthly disbursements totaling 90% of indicated completed value, with 10% held
back
Ag lending types Grain
Feeder livestock
Breeder livestock
Ag Feeder/grain adverse classification Can be held back from classification if inspections have not been done within 90
days of exam start
Ag Breeder adverse classification Can be held back from classification if inspections have not been done within 180
days of exam start
What is measure to be an "Ag Bank" If 25% of gross loans in ag production and farmland loans
Direct leasing types Net lease
Full payout lease
Leveraged lease
Rentals
Net lease Bank isn't obligated to assume the expenses of maintaining the equipment
