Loan Portfolio and Investment Securities. 4.15.1. The allowance for loan losses reflected in the Premier Financial Statements as of September 30, 2016 was, and the allowance for loan losses reflected in the Premier Regulatory Reports for periods ending after September 30, 2016 were or will be, adequate, as of the dates thereof, under GAAP in all material respects.
Loan Portfolio and Investment Securities. 4.16.1. The allowance for loan losses reflected in GCB’s audited consolidated balance sheet at December 31, 2006 was, and the allowance for loan losses shown on the balance sheets in GCB’s Securities Documents for periods ending after December 31, 2006 was or will be, as the case may be, adequate, as of the dates thereof, under GAAP.
Loan Portfolio and Investment Securities. (a) The allowance for loan losses reflected in the Xxxxxxxx Federal Financial Statements at September 30, 2013 was, and the allowance for loan losses shown on the unaudited balance sheet for quarterly periods ending after September 30, 2013 was or will be, adequate in all material respects, as of the date thereof, under GAAP.
Loan Portfolio and Investment Securities. 4.15.1. The allowance for loan losses reflected in Regal Bancorp’s audited consolidated statement of financial condition at December 31, 2021 was, and the allowance for loan losses shown on the balance sheets in Regal Bancorp’s Securities Documents for periods ending after December 31, 2021 will be, adequate, as of the dates thereof, under GAAP.
Loan Portfolio and Investment Securities. 5.13.1. The allowance for loan losses reflected in Somerset Bank’s audited consolidated statement of financial condition at June 30, 2021 was, and the allowance for loan losses shown on the balance sheets in Somerset Bank’s Financial Statements for periods ending after June 30, 2021 will be, adequate, as of the dates thereof, under GAAP.
Loan Portfolio and Investment Securities. 4.16.1. The reserves, and the allowance for loan and lease losses and the carrying value for real estate owned reflected in the Cheviot Financial Financial Statements as of September 30, 2015 was, and that reflected in the Cheviot Financial Regulatory Reports for periods ending after September 30, 2015 were or will be, adequate, as of the dates thereof, under GAAP in all material respects.
Loan Portfolio and Investment Securities. 4.16.1. The allowance for loan losses reflected in the VSB Bancorp Financial Statements as of December 31, 2018 and September 30, 2019 was, and the allowance for loan losses reflected in the VSB Bancorp Regulatory Reports for periods ending after September 30, 2019, will be, adequate, as of the dates thereof, under GAAP in all material respects.
Loan Portfolio and Investment Securities. 4.16.1. The allowance for loan losses reflected in the Colonial Financial Financial Statements as of June 30, 2014 was, and the allowance for loan losses reflected in the Colonial Financial Regulatory Reports for periods ending after June 30, 2014 were or will be, adequate, as of the dates thereof, under GAAP in all material respects.
Loan Portfolio and Investment Securities. 4.15.1. The allowance for loan losses reflected in SBBX’s audited consolidated balance sheet at December 31, 2019 was, and the allowance for loan losses shown on the balance sheets in SBBX’s Financial Statements for periods ending after December 31, 2019 will be, adequate under GAAP.
Loan Portfolio and Investment Securities. 4.16.1. The allowance for loan losses reflected in the Hopewell Valley Financial Statements as of December 31, 2014 and June 30, 2015 was, and the allowance for loan losses reflected in the Hopewell Valley Regulatory Reports for periods ending after June 30, 2015, will be, adequate, as of the dates thereof, under GAAP in all material respects.
