List of Nonperforming Assets. Innes Street shall provide Xxxxxx Bancorp, within ten (10) days of the end of each calendar month, a written list of nonperforming assets (the term "nonperforming assets," for purposes of this Section 5.10(a)(v), means (i) loans that are "Troubled debt restructurings" as defined in Statement of Financial Accounting Standards No. 15, "Accounting by Debtors and Creditors for Troubled Debt Restructuring," (ii) loans on nonaccrual, (iii) real estate owned, (iv) all loans ninety (90) days or more past due as of the end of such month and (iv) impaired loans;
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Samples: Agreement and Plan of Merger (Innes Street Financial Corp), Agreement and Plan of Merger (Innes Street Financial Corp)
List of Nonperforming Assets. Innes Street shall provide Xxxxxx Gxxxxx Bancorp, within ten (10) days of the end of each calendar month, a written list of nonperforming assets (the term "nonperforming assets," for purposes of this Section 5.10(a)(v), means (i) loans that are "Troubled debt restructurings" as defined in Statement of Financial Accounting Standards No. 15, "Accounting by Debtors and Creditors for Troubled Debt Restructuring," (ii) loans on nonaccrual, (iii) real estate owned, (iv) all loans ninety (90) days or more past due as of the end of such month and (iv) impaired loans;
Appears in 1 contract
Samples: Agreement and Plan of Merger (Gaston Federal Bancorp Inc)
List of Nonperforming Assets. Innes Street Prestige Bancorp shall provide Xxxxxx Northwest Bancorp, within ten (10) days of the end of each calendar month, a written list of nonperforming assets (the term "nonperforming assets," for purposes of this Section 5.10(a)(v), means (i) loans that are "Troubled debt restructurings" as defined in Statement of Financial Accounting Standards No. 15, "Accounting by Debtors and Creditors for Troubled Debt Restructuring," (ii) loans on nonaccrual, (iii) real estate owned, (iv) all loans ninety (90) days or more past due as of the end of such month and (iv) impaired loans;
Appears in 1 contract
Samples: Agreement and Plan of Merger (Prestige Bancorp Inc)
List of Nonperforming Assets. Innes Street NARK and Pocahontas Bancorp shall provide Xxxxxx Bancorpthe other, within ten (10) days of the end of each calendar month, a written list of nonperforming assets (the term "nonperforming assets," for purposes of this Section 5.10(a)(v)subsection, means (i) loans that are "Troubled troubled debt restructurings" as defined in Statement of Financial Accounting Standards No. 15, "Accounting by Debtors and Creditors for Troubled Debt Restructuring," (ii) loans on nonaccrual, (iii) real estate owned, (iv) all loans ninety (90) days or more past due as of the end of such month and (iv) impaired loans;
Appears in 1 contract
Samples: Agreement and Plan of Merger (Pocahontas Bancorp Inc)
List of Nonperforming Assets. Innes Street WEST ESSEX Bank shall provide Xxxxxx BancorpBank, within ten (10) days of the end of each calendar month, a written list of nonperforming assets (the term "nonperforming assets," for purposes of this Section 5.10(a)(v)subsection, means (i) loans that are "Troubled troubled debt restructuringsrestructuring" as defined in Statement of Financial Accounting Standards No. 15, "Accounting by Debtors and Creditors for Troubled Debt Restructuring," (ii) loans on nonaccrual, (iii) real estate owned, (iv) all loans ninety (90) days or more past due as of the end of such month and (ivv) and impaired loans;; and
Appears in 1 contract
Samples: Agreement and Plan of Merger (West Essex Bancorp Inc)