Common use of Adequate Capitalization Clause in Contracts

Adequate Capitalization. As of March 31, 2011, the Company’s Subsidiary insured depository institution meets or exceeds the standards necessary to be considered “well capitalized” under the FDIC’s regulatory framework for prompt corrective action.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Ecb Bancorp Inc), Securities Purchase Agreement (Ecb Bancorp Inc), Securities Purchase Agreement (Ecb Bancorp Inc)

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Adequate Capitalization. As of March December 31, 20112009, the Company’s Subsidiary insured depository institution meets institutions meet or exceeds exceed the standards necessary to be considered “well adequately capitalized” under the FDICFederal Deposit Insurance Company’s regulatory framework for prompt corrective action.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Oriental Financial Group Inc), Securities Purchase Agreement (Oriental Financial Group Inc), Securities Purchase Agreement (Citizens South Banking Corp)

Adequate Capitalization. As of March 31September 30, 20112012, the Company’s Subsidiary insured depository institution met or exceeded, and as of the date hereof, to the Company’s knowledge, meets or exceeds the standards necessary to be considered “well adequately capitalized” under the FDIC’s regulatory framework for prompt corrective action.

Appears in 2 contracts

Samples: Underwriting Agreement (Oriental Financial Group Inc), Underwriting Agreement (Oriental Financial Group Inc)

Adequate Capitalization. As of March December 31, 20112009, the Company’s Subsidiary insured depository institution meets institutions meet or exceeds exceed the standards necessary to be considered “well adequately capitalized” under the FDIC’s regulatory framework for prompt corrective action.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Doral Financial Corp), Stock Purchase Agreement (Doral Financial Corp)

Adequate Capitalization. As of March 31, 20112010, the Company’s Subsidiary insured depository institution meets or exceeds the standards necessary to be considered “well capitalized” under the FDIC’s regulatory framework for prompt corrective action.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Heritage Commerce Corp), Securities Purchase Agreement (Heritage Commerce Corp)

Adequate Capitalization. As of March December 31, 20112008, the Company’s Subsidiary insured depository institution meets institutions meet or exceeds exceed the standards necessary to be considered “well adequately capitalized” under the FDICFederal Deposit Insurance Company’s regulatory framework for prompt corrective action.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Pacific Financial Corp), Share Purchase Agreement (Sierra Bancorp)

Adequate Capitalization. As of March 31June 30, 20112010, the Company’s Subsidiary insured depository institution meets institutions met or exceeds exceeded the standards necessary to be considered “well capitalized” under the FDICFederal Deposit Insurance Company’s regulatory framework for prompt corrective action.

Appears in 1 contract

Samples: Securities Purchase Agreement (Bridge Capital Holdings)

Adequate Capitalization. As of March 31, 20112012, the Company’s Subsidiary insured depository institution meets or exceeds the standards necessary to be considered “well adequately capitalized” under the FDIC’s regulatory framework for prompt corrective action.

Appears in 1 contract

Samples: Subscription Agreement (Oriental Financial Group Inc)

Adequate Capitalization. As of March 31June 30, 20112010, the Company’s Subsidiary insured depository institution meets institutions meet or exceeds exceed the standards necessary to be considered “well adequately capitalized” under the FDICFederal Deposit Insurance Company’s regulatory framework for prompt corrective action.

Appears in 1 contract

Samples: Securities Purchase Agreement (Renasant Corp)

Adequate Capitalization. As of March December 31, 20112007, the Company’s Subsidiary insured depository institution meets institutions meet or exceeds exceed the standards necessary to be considered “well adequately capitalized” under the FDICFederal Deposit Insurance Company’s regulatory framework for prompt corrective action.

Appears in 1 contract

Samples: Share Purchase Agreement (Washington Trust Bancorp Inc)

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Adequate Capitalization. As of March December 31, 20112009, the Company’s Subsidiary insured depository institution meets or exceeds the standards necessary to be considered “well capitalized” under the FDICFederal Deposit Insurance Company’s regulatory framework for prompt corrective action.

Appears in 1 contract

Samples: Securities Purchase Agreement (Heritage Oaks Bancorp)

Adequate Capitalization. As of March 31September 30, 20112009, the Company’s Subsidiary insured depository institution meets institutions meet or exceeds exceed the standards necessary to be considered “well adequately capitalized” under the FDICFederal Deposit Insurance Company’s regulatory framework for prompt corrective action.

Appears in 1 contract

Samples: Securities Purchase Agreement (Center Financial Corp)

Adequate Capitalization. As of March December 31, 20112010, the Company’s Subsidiary insured depository institution meets institutions meet or exceeds exceed the standards necessary to be considered “well adequately capitalized” under the FDIC’s regulatory framework for prompt corrective action.

Appears in 1 contract

Samples: Share Purchase Agreement (First Merchants Corp)

Adequate Capitalization. As of March December 31, 20112012, the Company’s Subsidiary insured depository institution meets met or exceeds exceeded the standards necessary to be considered “well adequately capitalized” under the FDICFederal Deposit Insurance Company’s regulatory framework for prompt corrective action.

Appears in 1 contract

Samples: Securities Purchase Agreement (First Bancshares Inc /MS/)

Adequate Capitalization. As of March December 31, 20112015, the Company’s Subsidiary insured depository institution meets met or exceeds exceeded the standards necessary to be considered “well adequately capitalized” under the FDICFederal Deposit Insurance Company’s regulatory framework for prompt corrective action.

Appears in 1 contract

Samples: Securities Purchase Agreement (First Bancshares Inc /MS/)

Adequate Capitalization. As of March 31September 30, 20112010, the Company’s Subsidiary subsidiary insured depository institution meets met or exceeds exceeded the standards necessary to be considered “well capitalized” under the FDIC’s regulatory framework for prompt corrective action.

Appears in 1 contract

Samples: Stock Purchase Agreement (First Busey Corp /Nv/)

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