Non-performing loans are those in which the principal and/or interest is 90 days or
more overdue after their maturity date or those where indications exist that the collectibility has become doubtful. These indications include the failure to pay
amounts due on maturity dates, declaration of bankruptcy, insolvency, cessation of
operations, or such other conditions of financial difficulties or inability to meet
financial obligations as they mature. Non-performing loans consist of those classified
as “substandard”, ”doubtful” and “loss” following the NBC’s mandatory credit
classification.