Note 4: Loans and Allowance For Loan Losses: Commercial Business Lending Policy (Policies)

3 Months Ended

Mar. 31, 2013

Policies

Commercial Business Lending Policy

Commercial Business Lending. The Company’s commercial business lending activities encompass loans with a variety of purposes and security, including loans to finance accounts receivable, inventory, equipment and operating lines of credit, including agricultural production and equipment loans.  The Company offers both fixed and adjustable rate commercial business loans. Generally, commercial loans secured by fixed assets are amortized over periods up to five years, while commercial operating lines of credit or agricultural production lines are generally for a one year period.