A Background Analysis Of Easy Products In Small Business Financing

The lower fourth quarter of 2016 provision compared to the linked quarter was primarily attributable to reserves for specific commercial and commercial real estate credits in the third quarter of 2016. The 2016 net charge-off ratio was 0.24% compared to 0.04% in 2015. The fourth quarter of 2016 net charge-off ratio was 0.40%, compared to 0.20% in the linked quarter and net recovery of 0.08% in the prior year quarter. The fourth quarter of 2016 net charge-off rate increased primarily due to charge-offs of specific commercial credits that had been previously individually reserved. Nonaccrual

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