Adequate Capitalization. As of September 30, 2020, the Bank met or exceeded the standards necessary to be considered “adequately capitalized” under the FDIC’s regulatory framework for prompt corrective action. As of the Closing and after giving effect to this Agreement, the transactions contemplated hereby and the Concurrent Transactions, the Bank meets or exceeds the standards necessary to be considered “adequately capitalized” under the FDIC’s regulatory framework for prompt corrective action.
Appears in 5 contracts
Samples: Stock Purchase Agreement (Broadway Financial Corp \De\), Stock Purchase Agreement (Broadway Financial Corp \De\), Stock Purchase Agreement (Broadway Financial Corp \De\)
Adequate Capitalization. As of September 30, 20202012, the Bank met or exceeded the standards necessary to be considered “adequately capitalized” under the FDIC’s regulatory framework for prompt corrective action. As of the Closing and after giving effect to this Agreement, the transactions contemplated hereby and the Concurrent Transactions, the Bank meets or exceeds the standards necessary to be considered “adequately well capitalized” under the FDIC’s regulatory framework for prompt corrective action.
Appears in 5 contracts
Samples: Securities Purchase Agreement (Eastern Virginia Bankshares Inc), Securities Purchase Agreement (Eastern Virginia Bankshares Inc), Securities Purchase Agreement (Eastern Virginia Bankshares Inc)
Adequate Capitalization. As of September 30, 2020, the Bank met or exceeded the standards necessary to be considered “adequately capitalized” under the FDIC’s regulatory framework for prompt corrective action. As of the Closing and after giving effect to this Agreement, the transactions contemplated hereby and the Concurrent Other Transactions, the Bank meets or exceeds the standards necessary to be considered “adequately capitalized” under the FDIC’s regulatory framework for prompt corrective action.
Appears in 5 contracts
Samples: Stock Purchase Agreement (Broadway Financial Corp \De\), Stock Purchase Agreement (Broadway Financial Corp \De\), Stock Purchase Agreement (Broadway Financial Corp \De\)
Adequate Capitalization. As of September 30, 20202016, the Bank met or exceeded the standards necessary to be considered “adequately capitalized” under the FDIC’s regulatory framework for prompt corrective action. As of the Closing and after giving effect to this Agreement, the transactions contemplated hereby and the Concurrent Transactions, the Bank meets or exceeds the standards necessary to be considered “adequately well capitalized” under the FDIC’s regulatory framework for prompt corrective action.
Appears in 4 contracts
Samples: At Market Issuance Sales Agreement (Lakeland Bancorp Inc), At Market Issuance Agreement (HomeStreet, Inc.), At Market Issuance Sales Agreement (Unity Bancorp Inc /Nj/)
Adequate Capitalization. As of September 30March 31, 2020, the Bank met or exceeded the standards necessary to be considered “adequately capitalized” under the FDIC’s regulatory framework for prompt corrective action. As of the Closing and after giving effect to this Agreement, the transactions contemplated hereby and the Concurrent Transactions2012, the Bank meets or exceeds the standards necessary to be considered “adequately well capitalized” under the FDIC’s regulatory framework for prompt corrective action.
Appears in 3 contracts
Samples: Securities Purchase Agreement (BNC Bancorp), Securities Purchase Agreement (BNC Bancorp), Securities Purchase Agreement and Amendment Number 1 to Investment Agreement (Aquiline BNC Holdings LLC)
Adequate Capitalization. As of September June 30, 20202012, the Bank met or exceeded the standards necessary to be considered “adequately capitalized” under the FDIC’s regulatory framework for prompt corrective action. As of the Closing and after giving effect to this Agreement, the transactions contemplated hereby and the Concurrent Transactions, the Bank meets or exceeds the standards necessary to be considered “adequately well capitalized” under the FDIC’s regulatory framework for prompt corrective action.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Lakeland Bancorp Inc), Underwriting Agreement (Lakeland Bancorp Inc)
Adequate Capitalization. As of September 30, 20202013, the Bank met or exceeded the standards necessary quantitative capital requirements to be considered “adequately well capitalized” under the FDIC’s regulatory framework for prompt corrective action. As of the Closing and after giving effect to this Agreement; provided, the transactions contemplated hereby and the Concurrent Transactionshowever, while the Bank meets or exceeds is under the standards necessary to be considered Consent Order, it is classified as “adequately capitalized” under the FDIC’s regulatory framework for prompt corrective action”.
Appears in 2 contracts
Samples: Securities Purchase Agreement (MBT Financial Corp), Securities Purchase Agreement (MBT Financial Corp)
Adequate Capitalization. As of September 30March 31, 20202010, the Bank met or exceeded the standards necessary to be considered “adequately capitalized” under the FDIC’s regulatory framework for prompt corrective action. As of the Closing and after giving effect to this Agreement, the transactions contemplated hereby and the Concurrent Transactions, the Bank meets or exceeds the standards necessary to be considered “adequately capitalized” under the FDIC’s regulatory framework for prompt corrective actionFDIC Regulation § 325.103.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Palmetto Bancshares Inc), Stock Purchase Agreement (Jacksonville Bancorp Inc /Fl/)
Adequate Capitalization. As of September 30December 31, 20202010, the Bank met or exceeded the standards necessary to be considered “adequately capitalized” under the FDIC’s regulatory framework for prompt corrective action. As of the Closing and after giving effect to this Agreement, the transactions contemplated hereby and the Concurrent Transactions, the Bank meets or exceeds the standards necessary to be considered “adequately well capitalized” under the FDIC’s regulatory framework for prompt corrective action.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Intermountain Community Bancorp), Securities Purchase Agreement (Intermountain Community Bancorp)
Adequate Capitalization. As of September 30, 20202015, the Bank met or exceeded the standards necessary to be considered “adequately "well capitalized” " under the FDIC’s regulatory framework for prompt corrective action. As of the Closing and after giving effect to this Agreement, the transactions contemplated hereby and the Concurrent Transactions, the Bank meets or exceeds the standards necessary to be considered “adequately capitalized” under the FDIC’s 's regulatory framework for prompt corrective action.
Appears in 2 contracts
Samples: At Market Issuance Sales Agreement (Customers Bancorp, Inc.), At Market Issuance Sales Agreement (Customers Bancorp, Inc.)
Adequate Capitalization. As of September 30December 31, 20202011, the Bank met or exceeded the standards necessary to be considered “adequately capitalized” under the FDIC’s regulatory framework for prompt corrective action. As of the Closing and after giving effect to this Agreement, the transactions contemplated hereby and the Concurrent Transactions, the Bank meets or exceeds the standards necessary to be considered “adequately well capitalized” under the FDIC’s regulatory framework for prompt corrective action.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Mackinac Financial Corp /Mi/), Securities Purchase Agreement (Mackinac Financial Corp /Mi/)
Adequate Capitalization. As of September 30December 31, 20202016, the Bank met or exceeded the standards necessary to be considered “adequately capitalized” under the FDIC’s regulatory framework for prompt corrective action. As of the Closing and after giving effect to this Agreement, the transactions contemplated hereby and the Concurrent Transactions, the Bank meets or exceeds the standards necessary to be considered “adequately well capitalized” under the FDIC’s regulatory framework for prompt corrective action.
Appears in 1 contract
Adequate Capitalization. As of September 30December 31, 20202014, each of the Bank Banks met or exceeded the standards necessary to be considered “adequately capitalized” under the FDIC’s regulatory framework for prompt corrective action. As of the Closing and after giving effect to this Agreement, the transactions contemplated hereby and the Concurrent Transactions, the Bank meets or exceeds the standards necessary to be considered “adequately well capitalized” under the FDIC’s regulatory framework for prompt corrective action.
Appears in 1 contract
Adequate Capitalization. As of September 30, 20202015, the Bank met or exceeded the standards necessary to be considered “adequately capitalized” under the FDIC’s regulatory framework for prompt corrective action. As of the Closing and after giving effect to this Agreement, the transactions contemplated hereby and the Concurrent Transactions, the Bank meets or exceeds the standards necessary to be considered “adequately well capitalized” under the FDIC’s regulatory framework for prompt corrective action.
Appears in 1 contract
Samples: Underwriting Agreement (WashingtonFirst Bankshares, Inc.)
Adequate Capitalization. As of September 30December 31, 2020, the Bank met or exceeded the standards necessary to be considered “adequately capitalized” under the FDIC’s regulatory framework for prompt corrective action. As of the Closing and after giving effect to this Agreement, the transactions contemplated hereby and the Concurrent Transactions2013, the Bank meets or exceeds the standards necessary to be considered “adequately well capitalized” under the FDIC’s regulatory framework for prompt corrective action.
Appears in 1 contract
Samples: Securities Purchase Agreement (Vantagesouth Bancshares, Inc.)
Adequate Capitalization. As of September 30March 31, 20202014, the Bank met or exceeded the standards necessary quantitative capital requirements to be considered “adequately capitalized” under the FDIC’s regulatory framework for prompt corrective action. As of the Closing and after giving effect to this Agreement, the transactions contemplated hereby and the Concurrent Transactions, the Bank meets or exceeds the standards necessary to be considered “adequately well capitalized” under the FDIC’s regulatory framework for prompt corrective action.
Appears in 1 contract
Samples: Securities Purchase Agreement (Summit Financial Group Inc)
Adequate Capitalization. As of September 30, 20202010, the Bank met or exceeded the standards necessary to be considered “adequately capitalized” under the FDIC’s regulatory framework for prompt corrective action. As of the Closing and after giving effect to this Agreement, the transactions contemplated hereby and the Concurrent Transactions, the Bank meets or exceeds the standards necessary to be considered “adequately well capitalized” under the FDIC’s regulatory framework for prompt corrective action.
Appears in 1 contract
Samples: Securities Purchase Agreement (First Busey Corp /Nv/)
Adequate Capitalization. As of September 30December 31, 20202013, the Bank met or exceeded the standards necessary to be considered “adequately capitalized” under the FDIC’s regulatory framework for prompt corrective action. As of the Closing and after giving effect to this Agreement, the transactions contemplated hereby and the Concurrent Transactions, the Bank meets or exceeds the standards necessary to be considered “adequately well capitalized” under the FDIC’s regulatory framework for prompt corrective action.
Appears in 1 contract
Adequate Capitalization. As of September 30March 31, 20202017, the Bank met or exceeded the standards necessary to be considered “adequately "well capitalized” " under the FDIC’s regulatory framework for prompt corrective action. As of the Closing and after giving effect to this Agreement, the transactions contemplated hereby and the Concurrent Transactions, the Bank meets or exceeds the standards necessary to be considered “adequately capitalized” under the FDIC’s 's regulatory framework for prompt corrective action.
Appears in 1 contract
Samples: At Market Issuance Sales Agreement (Southern Missouri Bancorp, Inc.)
Adequate Capitalization. As of September 30December 31, 2020, the Bank met or exceeded the standards necessary to be considered “adequately capitalized” under the FDIC’s regulatory framework for prompt corrective action. As of the Closing and after giving effect to this Agreement, the transactions contemplated hereby and the Concurrent Transactions2014, the Bank meets or exceeds the standards necessary to be considered “adequately well capitalized” under the FDIC’s regulatory framework for prompt corrective action.
Appears in 1 contract
Adequate Capitalization. As of September 30March 31, 20202010, the Bank met or exceeded the standards necessary to be considered “adequately capitalized” under the FDIC’s regulatory framework for prompt corrective action. As of the Closing and after giving effect to this Agreement, the transactions contemplated hereby and the Concurrent Transactions, the Bank meets or exceeds the standards necessary to be considered “adequately capitalized” under the FDICFederal Deposit Insurance Company’s regulatory framework for prompt corrective action.
Appears in 1 contract
Samples: Securities Purchase Agreement (North Valley Bancorp)
