# OCC FA action 2023-022
> **First National Bank** · Institution · 2023-06-27
## Action
- **Document number:** 2023-022
- **Docket number:** AA-CE-2023-18
- **Type:** FA — Formal Agreement
- **Respondent type:** Institution
- **Action date:** 2023-06-27
- **Termination date:** 2025-12-05
## Respondent
- **Bank:** First National Bank
- **Charter number:** 7647
- **Location:** Chisholm, MINNESOTA
## Subjects

Allowance for Losses (ALLL / ACL)|Audit|Compliance Risk Management|Concentration Risk Management|Consumer Law|Credit/Collateral Exceptions|Enterprise Governance / Internal Controls / General Risk Management|Flood Insurance|General IT Controls|GLBA (12 CFR 30, Appx B)|Information Technology|Internal Audit |Lending Issues|Loan Review|Other Lending Deficiencies|Problem Loan Identification|Strategic Planning|Third Party Risk Management

## Source
- [OCC enforcement order PDF](https://apps.occ.gov/EASearch/Document/Download?id=2023-022)
- [OCC EASearch portal](https://apps.occ.gov/EASearch/)
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