text: *Loans to Directors, Executive Officers and Principal Shareholders*
  
  The authority of our subsidiary banks to extend credit to our directors, executive officers and principal 
  shareholders, including their immediate family members and corporations and other entities that they control, is 
  subject to substantial restrictions and requirements under Sections 22(g) and 22(h) of the Federal Reserve Act and 
  Regulation O promulgated thereunder. These statutes and regulations impose specific limits on the amount of loans 
  our subsidiary banks may make to directors and other insiders, and specified approval procedures must be followed 
  in making loans that exceed certain amounts. In addition, all loans our subsidiary banks make to directors and other 
  insiders must satisfy the following requirements: 
  
  • The loans must be made on substantially the same terms, including interest rates and collateral, as 
  prevailing at the time for comparable transactions with persons not affiliated with us or the subsidiary 
  banks; 
  
  • The subsidiary banks must follow credit underwriting procedures at least as stringent as those applicable to 
  comparable transactions with persons who are not affiliated with us or the subsidiary banks; and 
  
  • The loans must not involve a greater than normal risk of repayment or other unfavorable features. 