Investment Securities Portfolio. Restructure or materially change its investment securities portfolio or its portfolio duration, through purchases, sales or otherwise, or the manner in which the portfolio is classified or reported, or invest in any mortgage-backed or mortgage-related securities which would be considered “high risk” securities under applicable regulatory pronouncements, or otherwise purchase or sell securities in the portfolio individually in that exceed $5,000,000 or in the aggregate that would exceed $75,000,000.
Appears in 2 contracts
Samples: Merger Agreement (Peoples Bancorp Inc), Merger Agreement (Premier Financial Bancorp Inc)
Investment Securities Portfolio. Restructure or materially change its investment securities portfolio or its portfolio duration, through purchases, sales or otherwise, or the manner in which the portfolio is classified or reported, or invest in any mortgage-backed or mortgage-related securities which would be considered “high risk” securities under applicable regulatory pronouncements, except in each case as required by law or otherwise purchase or sell securities in the portfolio individually in that exceed $5,000,000 or in the aggregate that would exceed $75,000,000requested by a Regulatory Authority.
Appears in 1 contract
Samples: Merger Agreement (LCNB Corp)
Investment Securities Portfolio. Restructure or materially change its investment securities portfolio or its portfolio duration, through purchases, sales or otherwise, or the manner in which the portfolio is classified or reported, or invest in any mortgage-backed or mortgage-related securities which would be considered “high risk” securities under applicable 21 regulatory pronouncements, or otherwise purchase or sell securities in the portfolio individually in that exceed $5,000,000 200,000 or in the aggregate that would exceed $75,000,0001,000,000.
Appears in 1 contract
Samples: Merger Agreement (LCNB Corp)
Investment Securities Portfolio. Restructure or materially change its investment securities portfolio or its portfolio duration, through purchases, sales or otherwise, or the manner in which the portfolio is classified or reported, or invest in any mortgage-backed or mortgage-related securities which would be considered “high risk” securities under applicable regulatory pronouncements, or otherwise purchase or sell securities in the portfolio individually in that exceed $5,000,000 3,000,000 or in the aggregate that would exceed $75,000,00015,000,000.
Appears in 1 contract
Investment Securities Portfolio. Restructure or materially change its investment securities portfolio or its portfolio duration, through purchases, sales or otherwise, or the manner in which the portfolio is classified or reported, or invest in any mortgage-backed or mortgage-related securities which would be considered “high risk” securities under applicable regulatory pronouncements, or otherwise purchase or sell securities in the portfolio individually in that exceed $5,000,000 200,000 or in the aggregate that would exceed $75,000,0001,000,000.
Appears in 1 contract
Samples: Merger Agreement (LCNB Corp)