The past three years have been challenging for commercial lenders, particularly small community banks. Massive losses, occasioned by the collapse of the real estate markets for both commercial and residential properties, have eviscerated the balance sheets of many lending institutions. Many banks continue to labor under the burden of regulatory enforcement orders and balance sheets laden with non-performing assets. Provisions for loan losses depleted equity capital, in many cases to levels the regulators deem less than adequate. As a result, many banking institutions need to raise capital to comply with federal regulations, supervisory directives and enforcement orders.
Please see full article below for more information.
Firefox recommends the PDF Plugin for Mac OS X for viewing PDF documents in your browser.
We can also show you Legal Updates using the Google Viewer; however, you will need to be logged into Google Docs to view them.
Please choose one of the above to proceed!
LOADING PDF: If there are any problems, click here to download the file.