Meridian Manufacturing Ltd

CIF-00129 · U75128CA2014PLC100129 · Manufacturing · Financial Institution · Canada

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RM: Emily Martinez
Credit Risk Manager: Mia Rodriguez
Exposure: $45.93M
CBRB: Substandard
Internal: Doubtful
Risk Score:74 · High
Total Exposure
$45.93M
Prev: $47.69M3.7%
Utilization
94.1%
Prev: 90.6%3.5pp
Banking Relationships
4
Prev: 40.0
CBRB Rating
Substandard
Prev: OLEM
Internal Rating
Doubtful
Prev: Substandard
Open Alerts
2
C 1
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
2024-10
OLEM
Downgrade
2024-11
Normal
Upgrade
2024-12
OLEM
Downgrade
2026-04
Substandard
Downgrade

Banking Relationship Trend · Number of Banks (CBRB)

Increase Decrease No Change

Alert History · 2

DateAlert TypeSeverityDescriptionStatusAssigned ToResolved
4/8/2026Rating DowngradeCriticalBorrower rating migrated from OLEM to Substandard.
Open
Jacob Moore
6/3/2026Exposure ReductionLowSystem-wide exposure declined materially over the prior month.
Open
Ava Johnson

AI Risk Score

74
/ 100
High Risk
Low
0-30
Med
31-60
High
61-80
Crit
81-100

Risk Driver Analysis

CBRB Rating Migration+27
Utilization Level+24
Internal Rating Drift+12
Industry Concentration+9
Banking Relationship Growth+6
Exposure Growth Trend+5

AI Risk Commentary

AI
Customer exposure decreased by 3.7% month-over-month, currently at $45.93M. Banking relationships moved from 4 to 4 banks per CBRB data. CBRB rating deteriorated from OLEM to Substandard. Current utilization is 94.1% — above the 70% early warning threshold. Overall borrower risk is assessed as high.

Recommended Actions

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

Relationship Team

Relationship Manager
Emily Martinez
emily.martinez@bank.com
+1 555 0044
Portfolio: $2.24B
Credit Risk Manager
Mia Rodriguez
mia.rodriguez@bank.com
+1 555 0132
Portfolio: $2.26B
Business Head
Ava Johnson
ava.johnson@bank.com
+1 555 0198
Portfolio: $1.94B
MonthFundedNon-FundedTotalUtilizationBanksRating
2026-06$26.26M$19.67M$45.93M94.1%4Substandard
2026-05$25.69M$22.00M$47.69M90.6%4Substandard
2026-04$27.57M$19.49M$47.06M89.9%5Substandard
2026-03$24.90M$20.17M$45.07M85.6%5OLEM
2026-02$28.96M$15.18M$44.14M87.3%5OLEM
2026-01$26.10M$15.19M$41.29M92.4%5OLEM
2025-12$22.70M$19.02M$41.72M91.5%5OLEM
2025-11$20.78M$18.47M$39.25M91.0%5OLEM
2025-10$23.33M$16.43M$39.76M86.9%5OLEM
2025-09$21.89M$19.42M$41.32M84.2%6OLEM
2025-08$24.90M$18.06M$42.97M80.3%5OLEM
2025-07$28.59M$16.17M$44.76M78.8%5OLEM