Recovery as a % of Charge-Offs increased from 11.3 % to 20.0 %
Reduced delinquency as a percentage of outstanding : PL 2.44 % to 1.63 %; CL 2.0 % to 1.66 % and RL 4.2 % to 2.66 %; in hard dollars delinquency has been reduced 20 %. Recovery as a % of Charge-offs increased from 11.3 % to 20.0 %.
Reduced Net Charge-Offs from .70% to .45%
Reduced delinquency as a percentage of outstanding from 4.5% to 3.5%. Reduced net Charge-offs from 0.70% to 0.45%.
Hard-Dollar Delinquencies Down 50%
Reduced hard-dollar delinquency by 50%, as percentage of outstanding from 7% to 4%. Reduced charge-offs from 4% of outstandings to 2%.
Mickey Watts, SVP Indirect Lending
Anderson Brothers Bank
Hard Dollar Delinquencies Down 44%
Reduced hard dollar delinquency by 44%.
Next Mark Credit Union
Charge-offs Down 50%
Reduced delinquency as a percentage of outstanding from 8 % to 6 % ; reduced charge offs by 50% and lowered OREO by 58%