TO:  Chief Executives Officers, Department and Division Heads and all Examining Personnel 


PURPOSE

This bulletin transmits the linesheets to be used by national bank examiners to evaluate credits.  It
replaces EB 92-8 dated December 17, 1992.


BACKGROUND

Since December 17, 1992, examiners have used revised asset quality linesheets, form CC-1600-AX,
and real estate linesheets, forms CC-1604-OX and CC-1604-01.  The Office of the Chief National
Bank Examiner monitored their effectiveness by soliciting comments from field personnel.  Simple
revisions to the asset quality and real estate linesheets were made considering these comments.


SUMMARY

This issuance provides the new asset quality linesheets and guidance on how to complete them.  The
only addition to the supplemental real estate worksheet was a section to record the balances at
subsequent examinations.

Other linesheets still in effect are:

         Comment Sheet, form CC-1607-OX
         Fiscal/Interim Statement, form CC-1602-AX.  This form is used only when
          bank-prepared financial spread sheets are not available.    
         Personal, Farm, or Ranch Statement, form CC-1601-OX.  This form is used only
          when bank-prepared financial spread sheets are not available.
         Real Estate Project Overview, form CC-1604-01.




Diskettes containing these forms will be distributed with the August, 1994 distribution.


RESPONSIBLE OFFICE

Office of the Chief National Bank Examiner, Comptroller of the Currency, Washington, DC 20219. 
Phone (202) 874-5170.






___________________________

Donald G. Coonley
Chief National Bank Examiner  











Attachments



            RECAP OF REVISIONS TO ASSET QUALITY LINESHEETS

Elements       Description

11, 12, 24          Inclusion of Insider designation, Reason Worked, Management Agree

18        Breakout of Source of Repayment from the note information

19-23          Move Collateral information to front of linesheet for easier analysis and evaluation