NOTES TO CONSOLIDATED FINANCIAL STATEMENTS NOTE 1. NATURE OF BUSINESS AND SIGNIFICANT ACCOUNTING POLICIES, continued Large groups of smaller balance homogeneous loans are collectively evaluated for impairment. Accordingly, the Cu no ml e spsa snuyc hd ol oe as nnsoat r es etphaersaut ebljye citdoe fnat i frye sitnrduicvtiudrui na lg caognr es ue mm ee nr tadnude rteosfi idneanntci ai al l ldo iaf nf i sc uf lot ri e ismopf at hi rembeonr tr odwi secrl o. s u r e s , Restructured Loans: In situations where, for economic or legal reasons related to a debtor’s financial difficulties, toht he eBrawniks eg rcaonntssi daecro, nt hc ee srsei ol ant ef do rl ooat hn eirs tchl aa ns sai fni eidn sai sg na i friec satnr tu pc teur ri oe dd ol of at ni m. eT thoe t Bh ae ndke bs tt roirv et hs attot hi deeBn at inf yk dweobut ol dr sn oi nt fni on na na cc ci ar lu adli f fsi ct autlut ys . e a rTl yh easne d mwoodrikf i ewdi t ht e rt hmesm mt oa ym iondcilfuyd teo rma toer er ea df fuocr tdi ao bn lse, tperrimn csi pbael f ofroer gtihveeinr elsosa, npraeyamc he enst foof rtbheea rcaonl lcaet earnadl . oItnh ecra sa ec st i ownhs eirnet et nh de eBdatnok mg irnainmt si z teh teh de eebc toonronmeiwc l toesrsma sn dt htaot apvrooi vdi df oer ef oc rl oas urreed ou rc tri eo pn oos fs eesi tshi oenr ilonatenrse.st or principal, the Bank measures any impairment on the restructuring as previously noted for impaired Servicing: Servicing assets are recognized as separate assets when rights are acquired through the sale or tahc rqouui rgeh t ht heer ipguhrtcs h. aFsoer os fa lfei ns aonf cmi aol rat gs saegtes .l o aGnesn, et rhael lfya, i rp vu ar cl uhea soef dt hsee rs ve ircvi incgi nrgi gr hi gths t ai rs ea lcl aopc ai ttaeldi z be da s ae td tohne rceol as tt i vt oe fsaeirrv vi cai lnuge . i nFcaoimr ev .a l uTe hies bvaasl ue adt ioonn amvoadl ueal t iionnc omr poodrealt et hs aat scsaul mc upl at itoens st hteh aptr ems eanr kt evta lpuaer toi fc iepsatni mt sa twe do uf ludt uur seen ient ea ns t ii mn f al atti ni ognf ur at ut er,eannec ti l lsaerryv iicnicnogmi nec, opmr eep, asyumc he nats stpheeecdossat nt od sdeerfvaiuclet, rtahtee sd iasncdo ul onstsreast. e , t h e c u s t o d i a l e a r n i n g s r a t e , Servicing assets are evaluated for impairment based on the fair value of the rights compared to amortized cost. Il ems ps at ihramnetnhtei sc adpeittearl mi z ei ndeadmboyusnt tr af toi rf yei na cghr img hattsu rbiat ys edda ot en tfri anna cl hmea. t uI fr it thye dCaot emsp, taon yt hlea teexrt ednett et rhma ti nt he es tf ahiart vaal ll uoer i as pC oa pr ti itoa nl i zoef dt hsee ri mv i pc iani rg mr iegnhtt sn oa rl eo nr eg pe ro re txei ds t isn, aort eh de ur catsi soent so fa tnhde aarl el oawmaonrctei zme da yi nbteo rneoc no irndteedr easst ai nn ci no cmr ee ai ns eptrooipnoc rotmi oen. to, and over the period of, the estimated future net servicing income of the underlying financial assets. Bank Premises and Equipment: Land is carried at cost. Other bank premises and equipment are carried at cost llievsessaocfcuthmeualsasteetdsdaespforellcoiwatsio: n and amortization computed on the straight-line method over the estimated useful Years Building and improvements 10-40 Furniture and equipment 3-10 Costs of ordinary maintenance and repairs are charged to expense as incurred while major improvements are capitalized. Gains and losses on dispositions are included in current operations.
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