Loans Receivable and The Allowance For Loan Losses: Loan Receivable Adjustable Rate Policy (Policies)

3 Months Ended

Jun. 30, 2012

Loan Receivable Adjustable Rate Policy:

Loan Receivable Adjustable Rate Policy

The adjustable-rate loans have interest rate adjustment limitations and are generally indexed to various prime (The Wall Street Journal) or LIBOR rates, One to Five Year Constant Maturity Treasury Indices or FHLB advance rates.  Future market factors may affect the correlation of the interest rate adjustment with the rates the Banks pay on the short-term deposits that primarily have been utilized to fund these loans.