Loan Loss Reserves. With respect to the Bank, maintain at all times loan loss reserves in amounts deemed adequate by all federal and state regulatory authorities.
Loan Loss Reserves. Each of the reserve and allowances for possible loan losses and the carrying value for real estate owned which are shown on the financial statements of the Company included in the SEC Reports (as defined below) has been established in material conformity with all applicable requirements, rules and policies of applicable Governmental Entities and, to the extent subject to GAAP reporting, complies with GAAP applied on a consistent basis to provide for possible losses on loans outstanding and real estate owned as of the date of such financial statements.
Loan Loss Reserves. As of the date hereof and as of the Closing Date, the Company’s management has concluded that the loan loss reserves of the Bank are adequate.
Loan Loss Reserves. Each MPF Bank shall maintain its own respective loan loss reserves with respect to the Program Loans.
Loan Loss Reserves. The reserves for possible loan losses shown on the March 31, 2001 Consolidated Reports of Condition and Income (call report) filed with a Regulatory Agency for the Company's Subsidiaries are adequate in all material respects to provide for possible losses, net of recoveries relating to loans previously charged off, on loans outstanding (including accrued interest receivable) as of that date.
Loan Loss Reserves. 17 III.21
Loan Loss Reserves. The allowance for loan losses in the PCB balance sheets dated December 31, 1997, March 31, 1998, and as of the Valuation Date are and will be adequate in all material respects under the requirements of all applicable state and federal laws and regulations to provide for possible loan losses on outstanding loans, net of recoveries. PCB has disclosed to Scripps in writing prior to the date hereof, and will promptly inform Scripps of the amounts of all loans, leases, other extensions of credit or commitments, or other interest-bearing assets of PCB, that have been classified as of the date hereof or hereafter by PCB management or PCB internal policy or procedure, any outside review examiner, accountant or any bank regulatory agency as "Other Loans Specially Mentioned," "Special Mention," "Substandard," "Doubtful," or "Loss" or classified using categories or words with similar import in the case of loans (or that would have been so classified, in the case of other interest-bearing assets, had they been loans). Notwithstanding the above, PCB shall be under no obligation to disclose to Scripps any such classification by any bank regulatory agency where such disclosure would violate any obligation of confidentiality of PCB imposed by such bank regulatory agency. PCB has furnished and will continue to furnish to Scripps true and accurate information concerning the loan portfolio of PCB, and no material information with respect to the loan portfolio has been or will be withheld from Scripps.
Loan Loss Reserves. Maintain at all times an Allowance for Loan and Lease Losses in an amount not less than an amount equal to 100% of combined Non-Performing Assets.
Loan Loss Reserves. The Borrower shall cause each Subsidiary Bank to maintain the ratio of Loan Loss Reserves to Non-Performing Loans (expressed as a percentage) at all times to be not less than 70%.
Loan Loss Reserves. 18 3.23 Approval Delays. . . . . . . . . . . . . . . . . . . 18 3.24
