Ironclad Technologies Group

CIF-01450 · U76449CA2014PLC101450 · Mining · Micro Enterprise · Canada

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RM: Lucas White
Credit Risk Manager: Sophia Thompson
Exposure: $16.85M
CBRB: Substandard
Internal: OLEM
Risk Score:88 · Critical
Total Exposure
$16.85M
Prev: $16.53M1.9%
Utilization
68.8%
Prev: 65.5%3.3pp
Banking Relationships
5
Prev: 50.0
CBRB Rating
Substandard
Prev: OLEM
Internal Rating
OLEM
Prev: OLEM
Open Alerts
2
C 0
H 0
M 1
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
Substandard
Start
2026-01
OLEM
Upgrade
2026-04
Substandard
Downgrade

Banking Relationship Trend · Number of Banks (CBRB)

Increase Decrease No Change

Alert History · 3

DateAlert TypeSeverityDescriptionStatusAssigned ToResolved
6/6/2026Increase in Number of BanksMediumBorrower has expanded banking relationships per CBRB data.
Dismissed
Nathan Hernandez
5/16/2026Rating UpgradeLowBorrower rating improved to Substandard.
Open
Michael Miller
5/14/2026Increase in Number of BanksMediumBorrower has expanded banking relationships per CBRB data.
Open
James Smith

AI Risk Score

88
/ 100
Critical Risk
Low
0-30
Med
31-60
High
61-80
Crit
81-100

Risk Driver Analysis

CBRB Rating Migration+27
Utilization Level+17
Banking Relationship Growth+15
Industry Concentration+14
Exposure Growth Trend+5
Internal Rating Drift+5

AI Risk Commentary

AI
Customer exposure increased by 1.9% month-over-month, currently at $16.85M. Banking relationships moved from 5 to 5 banks per CBRB data. CBRB rating deteriorated from OLEM to Substandard. Current utilization is 68.8%. Overall borrower risk is assessed as critical. Recommend escalation to Credit Committee.

Recommended Actions

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

Relationship Team

Relationship Manager
Lucas White
lucas.white@bank.com
+1 555 0275
Portfolio: $2.27B
Credit Risk Manager
Sophia Thompson
sophia.thompson@bank.com
+1 555 0088
Portfolio: $2.03B
Business Head
Amelia Thomas
amelia.thomas@bank.com
+1 555 0154
Portfolio: $1.86B
MonthFundedNon-FundedTotalUtilizationBanksRating
2026-06$10.73M$6.12M$16.85M68.8%5Substandard
2026-05$8.81M$7.72M$16.53M65.5%5Substandard
2026-04$8.85M$7.20M$16.05M60.8%5Substandard
2026-03$9.31M$5.99M$15.30M66.2%5OLEM
2026-02$9.37M$6.02M$15.38M64.8%5OLEM
2026-01$8.89M$6.25M$15.14M69.8%5OLEM
2025-12$9.49M$5.42M$14.91M72.5%5Substandard
2025-11$9.21M$4.99M$14.20M73.3%5Substandard
2025-10$7.74M$6.71M$14.46M77.1%5Substandard
2025-09$8.08M$6.51M$14.60M76.8%5Substandard
2025-08$8.10M$6.28M$14.38M71.0%5Substandard
2025-07$9.16M$4.52M$13.67M74.0%5Substandard