Common use of Allowance for Loan Losses Clause in Contracts

Allowance for Loan Losses. The Company’s allowance for loan losses as reflected in Company’s audited balance sheet at March 31, 2011 was, and the allowance shown on the balance sheets in Company Reports for periods ending after such date, in the opinion of management, was as of the dates thereof, in compliance with the Company’s existing methodology for determining the adequacy of its allowance for loan losses as well as the standards established by applicable Governmental Authority, the Financial Accounting Standards Board and GAAP.

Allowance for Loan Losses. The Company’s allowance for loan losses as reflected in Company’s audited balance sheet at March 31September 30, 2011 2013 was, and the allowance shown on the balance sheets in Company Reports for periods ending after such date, in the opinion of management, was as of the dates thereof, in compliance with the Company’s existing methodology for determining the adequacy of its allowance for loan losses as well as the standards established by applicable Governmental Authority, the Financial Accounting Standards Board and GAAP, and is adequate under all such standards.

Allowance for Loan Losses. The Company’s allowance for loan losses as reflected in Company’s audited balance sheet at March 31, 2011 2012 was, and the allowance shown on the balance sheets in Company Reports for periods ending after such date, in the opinion of management, was as of the dates thereof, in compliance with the Company’s existing methodology for determining the adequacy of its allowance for loan losses as well as the standards established by applicable Governmental Authority, the Financial Accounting Standards Board and GAAP.

Allowance for Loan Losses. The Company’s allowance for loan losses as reflected in Company’s audited balance sheet at March December 31, 2011 2015 was, and the allowance shown on the balance sheets in Company Reports financial statements for periods ending after such date, in the opinion of management, was as of the dates thereoftheir dates, in compliance with the Company’s existing methodology for determining the adequacy of its allowance for loan losses as well as the standards established by applicable Governmental Authority, the Financial Accounting Standards Board and GAAP, and is adequate under all such standards.

Allowance for Loan Losses. The Company’s allowance for loan losses as reflected in Company’s audited balance sheet at March December 31, 2011 2014 was, and the allowance shown on the balance sheets in Company Reports financial statements for periods ending after such date, in the opinion of management, was as of the dates thereof, in compliance with the Company’s existing methodology for determining the adequacy of its allowance for loan losses as well as the standards established by applicable Governmental Authority, the Financial Accounting Standards Board and GAAP, and is adequate under all such standards.

Allowance for Loan Losses. The Company’s allowance for loan losses as reflected in Company’s audited balance sheet at of March 31, 2011 was, and the allowance shown on the balance sheets in Company Reports for periods ending after such date, in the opinion of management, 2010 was as of the dates thereof, in compliance with the Company’s existing methodology for determining the adequacy of its allowance for loan losses as well as the standards established by applicable Governmental Authority, Entities and the Financial Accounting Standards Board and GAAPin all material respects.

Allowance for Loan Losses. The Company’s allowance for loan losses as reflected in Company’s audited balance sheet at March as of December 31, 2011 2017 was, and the allowance shown on the balance sheets in Company Reports financial statements for periods ending after such date, in the opinion reasonable judgment of management, was as of the dates thereoftheir dates, in compliance with the Company’s existing methodology for determining the adequacy of its allowance for loan losses as well as the standards established by applicable Governmental Authority, the Financial Accounting Standards Board and GAAP, and is adequate under all such standards.