Ironclad Logistics Co.

CIF-00016 · U75015GE2014PLC100016 · Mining · Project Finance · Germany

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RM: Charlotte Perez
Credit Risk Manager: Grace Lee
Exposure: $30.25M
CBRB: OLEM
Internal: OLEM
Risk Score:53 · Medium
Total Exposure
$30.25M
Prev: $29.89M1.2%
Utilization
53.1%
Prev: 57.9%4.8pp
Banking Relationships
4
Prev: 40.0
CBRB Rating
OLEM
Prev: OLEM
Internal Rating
OLEM
Prev: Normal
Open Alerts
1
C 0
H 0
M 0
L 1

Exposure Trend Analysis · 24 Months

Funded · Non-Funded · Total

Utilization Trend · Reporting Bank vs Other Banks

Threshold 70%

Rating Migration Timeline

2024-07
Normal
Start
2025-09
OLEM
Downgrade

Banking Relationship Trend · Number of Banks (CBRB)

Increase Decrease No Change

Alert History · 2

DateAlert TypeSeverityDescriptionStatusAssigned ToResolved
5/2/2026Exposure IncreaseLowSystem-wide exposure increased materially over the prior month.
In Review
Andrew Garcia
5/4/2026Exposure Shift to Other BanksCriticalExposure with our bank declined while CBRB system exposure remained stable, indicating a shift to competitors.
Resolved
David Wilson5/4/2026

AI Risk Score

53
/ 100
Medium Risk
Low
0-30
Med
31-60
High
61-80
Crit
81-100

Risk Driver Analysis

CBRB Rating Migration+21
Industry Concentration+16
Utilization Level+13
Banking Relationship Growth+6
Exposure Growth Trend+5
Internal Rating Drift+5

AI Risk Commentary

AI
Customer exposure increased by 1.2% month-over-month, currently at $30.25M. Banking relationships moved from 4 to 4 banks per CBRB data. CBRB rating remained stable from OLEM to OLEM. Current utilization is 53.1%. Overall borrower risk is assessed as medium.

Recommended Actions

Review Credit Facility Structure
High
Schedule Customer Meeting
Medium
Reassess Collateral Coverage
Medium
Escalate to Credit Committee
Low
Initiate Monthly Monitoring
Medium

Relationship Team

Relationship Manager
Charlotte Perez
charlotte.perez@bank.com
+1 555 0176
Portfolio: $2.23B
Credit Risk Manager
Grace Lee
grace.lee@bank.com
+1 555 0264
Portfolio: $2.12B
Business Head
David Wilson
david.wilson@bank.com
+1 555 0055
Portfolio: $2.35B
MonthFundedNon-FundedTotalUtilizationBanksRating
2026-06$19.20M$11.05M$30.25M53.1%4OLEM
2026-05$16.03M$13.86M$29.89M57.9%4OLEM
2026-04$17.88M$12.15M$30.03M53.1%4OLEM
2026-03$15.44M$13.18M$28.62M56.6%4OLEM
2026-02$15.26M$13.08M$28.34M54.3%4OLEM
2026-01$17.78M$9.84M$27.62M60.0%4OLEM
2025-12$17.82M$8.93M$26.74M57.7%4OLEM
2025-11$17.16M$8.57M$25.72M55.6%4OLEM
2025-10$13.60M$10.55M$24.15M60.1%5OLEM
2025-09$13.25M$9.96M$23.21M57.0%5OLEM
2025-08$13.30M$10.36M$23.66M53.2%5Normal
2025-07$13.55M$9.48M$23.03M48.7%5Normal