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Loan Review Peer Group LBA PEER GROUP MEETINGS September 16, 2014 10:00am 12:00pm LBA Board Room Baton Rouge, LA We've had some recent questions about ALL calculations and vendors. Let's plan to talk
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What is loan review peer group?
A loan review peer group is a group of financial institutions that have similar characteristics and are used for comparison purposes in evaluating the adequacy of a bank's loan portfolio.
Who is required to file loan review peer group?
Banks and financial institutions that are subject to regulatory requirements are required to file a loan review peer group.
How to fill out loan review peer group?
To fill out a loan review peer group, banks need to gather data on their loan portfolio and compare it to the peer group data provided by regulatory authorities.
What is the purpose of loan review peer group?
The purpose of a loan review peer group is to assess the performance of a bank's loan portfolio relative to its peers and to identify any potential risks.
What information must be reported on loan review peer group?
Information such as loan balances, delinquency rates, charge-off rates, and other key loan portfolio metrics must be reported on a loan review peer group.
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