Undivided profits definition

Undivided profits means the accumulated undistributed net profits of a state bank, including any residue from the fund established pursuant to section 524.401, subsection 4, after:

Undivided profits means the amount of retained earnings and any additional amounts held in capital reserve accounts of the savings bank.

Undivided profits means the credit balance of the profit and loss account of a bank."

Examples of Undivided profits in a sentence

• Undivided profits and capital reserves ...................................................................................

• Undivided profits" means the cumulative undistributed amount of a bank's net income not otherwise allocated.Sec.

• Undivided profits and capital reserves .............................................................................b.

• Undivided profits and capital reserves ............................................................................b.

• Common stock dividends distributable, additional paid in capital resulting from the issuance of common stock included in CET1 capital, Deposits for common stock subscription, Retained earnings, Undivided profits, other comprehensive income (net unrealized gains or losses on AFS and cumulative foreign currency translation), and minority interest on subsidiary banks which are less than wholly-owned b.

More Definitions of Undivided profits

Undivided profits means undistributed earnings less

Undivided profits means the part of equity capital of a state trust company equal to the balance of its net profits, income, gains, and losses since the date of its formation minus subsequent distributions to shareholders or participants and transfers to surplus or capital under share dividends or appropriate board resolutions. The term includes amounts allocated to undivided profits as a result of a merger.

Undivided profits means the composite of the bank's net retained earnings from current and prior years' operations;

Undivided profits means undistributed earnings less discretionary transfers to surplus.

Undivided profits means the credit balance of the profit and loss account of any corporation to which this chapter is applicable.

Undivided profits means the cumulative undistributed amount of a bank's net income not otherwise allocated.

Undivided profits means the composite of the bank's net retained earnings from