Common use of Allowance for Possible Loan Losses Clause in Contracts

Allowance for Possible Loan Losses. The allowance for possible loan losses shown on the Consolidated Balance Sheet of Premier as of December 31, 2007, and September 30, 2008, has been established and is adequate in all material respects under the requirements of generally accepted accounting principles to provide for possible losses, net of recoveries relating to loans previously charged off, on loans outstanding (including accrued interest receivable) as of December 31, 2007 and September 30, 2008 respectively.

Allowance for Possible Loan Losses. The allowance for possible loan losses shown on the Consolidated Balance Sheet Sheets of Premier as of December 31, 20072017, and September 30December 31, 20082016, has been established and is adequate in all material respects under the requirements of generally accepted accounting principles to provide for possible losses, net of recoveries relating to loans previously charged off, on loans outstanding (including accrued interest receivable) as of December 31, 2007 2017 and September 30December 31, 2008 2016 respectively.

Allowance for Possible Loan Losses. The allowance for possible loan losses shown on the Consolidated Balance Sheet of Premier as of December 31, 2007, and September 30, 20082006, has been established and is are adequate in all material respects under the requirements of generally accepted accounting principles to provide for possible losses, net of recoveries relating to loans previously charged off, on loans outstanding (including accrued interest receivable) as of December 31, 2007 and September 30, 2008 respectively2006.

Allowance for Possible Loan Losses. The allowance allowances for possible loan losses shown on the Consolidated Balance Sheet of Premier Traders and Traders Subsidiary Bank as of December 31, 2007, 2006 and September 30, 20082007, has have been established and is are adequate in all material respects under the requirements of generally accepted accounting principles to provide for possible losses, net of recoveries relating to loans previously charged off, on loans outstanding (including accrued interest receivable) as of December 31, 2007 2006 and September 30, 2008 2007, respectively.

Allowance for Possible Loan Losses. The allowance for possible loan losses shown on the Consolidated Balance Sheet of Premier as of December 31, 20072014, and September 30March 31, 20082015, has been established and is adequate in all material respects under the requirements of generally accepted accounting principles to provide for possible losses, net of recoveries relating to loans previously charged off, on loans outstanding (including accrued interest receivable) as of December 31, 2007 2014 and September 30March 31, 2008 2015 respectively.

Allowance for Possible Loan Losses. The allowance allowances for possible loan losses shown on the Consolidated Balance Sheet of Premier Bank as of December 31, 20072006, and September 30, 2008, has have been established and is are adequate in all material respects under the requirements of generally accepted accounting principles to provide for possible losses, net of recoveries relating to loans previously charged off, on loans outstanding (including accrued interest receivable) as of December 31, 2007 and September 30, 2008 respectively2006.

Allowance for Possible Loan Losses. The allowance for possible loan losses shown on the Consolidated Balance Sheet of Premier as of December 31, 20072006, and September 30, 20082007, has been established and is adequate in all material respects under the requirements of generally accepted accounting principles to provide for possible losses, net of recoveries relating to loans previously charged off, on loans outstanding (including accrued interest receivable) as of December 31, 2007 and September 30, 2008 respectively2006.