Q4 2020 Investor Presentation
COVID-19 Loan Modifications
as of January 14, 2021
COVID-19 Loan Modification Update
The majority of COVID-19 loan modifications are projected to return to regular payments prior to end of Q3 2021.
All risk ratings reviewed and adjusted as needed on all COVID-19 modified loans, and any impact is reflected within the Asset Quality
performance.
Management focus is on loans that received multiple rounds of COVID-19 loan modifications AND are categorized internally as likely
to need further payment assistance.
32 loans totaling $89,000,000
.
5 hotel projects totaling $64,000,000
1 senior/independent living complex totaling $17,000,000
Continuous monitoring of COVID-19 modified loans as well as timely communications with clients are key objectives.
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