Case Study: International Bank of Amherst improves lending policies and loan documentation with Wipfli

Gaining improved lending policies, better documentation, and confidence in the quality of its loans

International Bank of Amherst, an independent bank in Amherst, Wisconsin, wanted to review its loan portfolio before a regulatory examination, but its management found that an in-house review would be too difficult because of limited internal resources and time constraints. The bank turned to Wipfli for an independent loan review and guidance on its lending procedures.

Wipfli reviewed 12 of the bank’s largest lines of credit, examined credit quality, collateral, procedures, and file documentation, and provided a written report with recommendations. As a result, International Bank of Amherst confirmed the accuracy of its risk rating system, improved loan policy and other real estate owned documentation, and standardized loan file comments to strengthen documentation and support more complete reviews for loan officers and regulators.

International Bank of Amherst