Case Study: First South Bank achieves streamlined underwriting and integrated stress testing with Abrigo’s Credit Analysis and Stress Testing

First South Bank - Customer Case Study

First South Bank of Spartanburg, SC, responded to examiner guidance by seeking a portfolio stress-testing and concentration analysis system that integrated with its financial data to reduce manual work. After evaluation, the bank selected Abrigo’s Stress Testing and Abrigo’s Credit Analysis to provide the integration and analytic capabilities it needed.

Abrigo implemented its Credit Analysis to feed financials into Abrigo Stress Testing, delivering borrower- and guarantor-level debt service coverage breakdowns, global DSCR views, spreads, projection tools, and key metrics that streamlined credit review and regulatory reporting. As a result, Abrigo’s solution became First South Bank’s primary underwriting tool, reduced manual effort, improved analysis consistency, and was complemented by Abrigo’s consultative implementation and support.

First South Bank

Frank Callison

First South Bank