Causes of the Failure..........................................................................................3
Corporate Governance Weaknesses ..............................................................3
Significant Loan Portfolio Concentrations .......................................................6
Poor Credit Risk Management Practices .........................................................9
Ineffective Problem Loan Identification..........................................................10
Deficient ALLL Level and Methodology .........................................................11
Losses Resulting From Asset Quality Deterioration .......................................11
Gradual Erosion of Capital...........................................................................12