Riverdale Community Credit Union Fictional institution · illustrative data

Decision Record Record ID · DG-2026-0312-CRE-118
Workflow · 03 Credit & Lending
Exported · 12 March 2026

Approve $2.4M CRE renewal — 120 Harbor Street retail plaza

Approved with covenant

Owner: M. Alvarez, CCO
Amount: $2,400,000
Decision date: 12 Mar 2026
Authority: CCO limit · $5M CRE

STAGE 1

Signal

Artifact · Renewal review item

Loan #CRE-00417 maturing 30 Apr 2026; renewal review opened by the relationship manager.

Original facility priced 45 bps below the pricing matrix — RM flagged a relationship rationale that was never recorded on the original.

STAGE 2

Owner

Artifact · Owner + delegate

AccountableM. Alvarez, Chief Credit Officer

DelegateJ. Poole, Senior Credit Analyst

NamedAt the time of the call — not inferred afterward

STAGE 3

Decision · rationale

Artifact · Approval + rationale

Call: Renew $2,400,000 at 7.15% fixed, 5-year term / 20-year amortization.

Covenant: DSCR ≥ 1.25x, tested quarterly; primary deposit relationship maintained.

Rationale: Sponsor holds three performing CRE facilities with the credit union; guarantor PFS strong (liquidity $1.9M); depository relationship averages $3.4M in balances. The below-matrix spread is justified by full relationship profitability, recorded here rather than left to memory.

STAGE 4

Action · evidence

Artifact · Evidence log

Executed: Renewal approved; terms released to booking.

EvidenceMAI appraisal (2026-02-20, $3.6M)

Rent roll — 94% occupancy

DSCR worksheet — 1.31x

Guarantor PFS · relationship profitability report

STAGE 5

Outcome

Artifact · Closure record

Result: Renewed and booked 15 Mar 2026. Q2 covenant test passed (DSCR 1.29x).

Board linkage: Feeds the Board & Strategic layer — CRE concentration report — with its operational evidence intact.

Decision Governance™ · DataVisuals SAMPLE — ILLUSTRATIVE DATA. Not a real institution, borrower, or decision.