Common use of Allowance for Loan Losses Clause in Contracts

Allowance for Loan Losses. The allowance for loan losses shown, and to be shown, on the balance sheets contained in the NPB Financials have been, and will be, established in accordance with GAAP and all applicable regulatory criteria.

Appears in 6 contracts

Samples: Merger Agreement (Peoples First Inc), Merger Agreement (National Penn Bancshares Inc), Merger Agreement (National Penn Bancshares Inc)

AutoNDA by SimpleDocs

Allowance for Loan Losses. The allowance for loan losses shown, and to be shown, on the balance sheets contained in the NPB BFC Financials have been, and will be, established in accordance with GAAP and all applicable regulatory criteria.

Appears in 2 contracts

Samples: Merger Agreement (Community Banks Inc /Pa/), Merger Agreement (Bucs Financial Corp)

Allowance for Loan Losses. The allowance for loan losses shown, and to be shown, on the balance sheets contained in the NPB PFI Financials have been, and will be, established in accordance with GAAP and all applicable regulatory criteria.

Appears in 2 contracts

Samples: Merger Agreement (Peoples First Inc), Merger Agreement (National Penn Bancshares Inc)

Allowance for Loan Losses. The allowance for loan losses shown, and to be shown, on the balance sheets contained in the NPB KNBT Financials have been, and will be, established in accordance with GAAP and all applicable regulatory criteria.

Appears in 2 contracts

Samples: Merger Agreement (KNBT Bancorp Inc), Merger Agreement (National Penn Bancshares Inc)

Allowance for Loan Losses. The allowance for loan losses shown, and to be shown, on the balance sheets contained in the NPB Financials National Penn Financial Statements have been, and will be, established in accordance with GAAP and all applicable regulatory criteria.

Appears in 2 contracts

Samples: Merger Agreement (National Penn Bancshares Inc), Merger Agreement (Tf Financial Corp)

AutoNDA by SimpleDocs

Allowance for Loan Losses. The allowance for loan losses shown, and to be shown, on the balance sheets contained in the NPB Financials have been, and will be, established in accordance with GAAP generally accepted accounting principles and all applicable regulatory criteria.

Appears in 1 contract

Samples: Merger Agreement (National Penn Bancshares Inc)

Allowance for Loan Losses. The allowance for loan losses shown, -------------------------- and to be shown, on the balance sheets contained in the NPB Financials have been, and will be, established in accordance with GAAP and all applicable regulatory criteria.

Appears in 1 contract

Samples: Merger Agreement (Nittany Financial Corp)

Allowance for Loan Losses. The allowance for loan losses shown, and to be shown, on the balance sheets contained in the NPB HomeTowne Financials have been, and will be, established in accordance with GAAP and all applicable regulatory criteria.

Appears in 1 contract

Samples: Merger Agreement (National Penn Bancshares Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!