NONACCRUAL LOANS. (1) The Bank shall immediately reverse or charge off all interest that has been accrued contrary to the requirements contained in the Instructions for Preparation of Consolidated Reports of Condition and Income (“Call Report Instructions”) governing nonaccrual loans. Further, the Bank shall immediately reverse or charge off that portion of the remaining accrued interest on such loans that, when combined with principal, is not protected by sound collateral values.
Appears in 13 contracts
Samples: Agreement by And (Wilber CORP), Agreement by And, Agreement by and Between
NONACCRUAL LOANS. (1) The Bank shall immediately reverse or charge off all interest that has been accrued contrary to the requirements contained in the Instructions for Preparation of Consolidated Reports of Condition and Income (“Call Report Instructions”) governing nonaccrual loans. Further, the Bank shall immediately reverse or charge off that portion of the remaining accrued interest on such loans that, when combined with principal, is not protected by sound collateral values.
Appears in 5 contracts
Samples: Agreement by And, Formal Agreement, Agreement by And
NONACCRUAL LOANS. (1) The Bank shall immediately reverse or charge charge-off all interest that has been accrued contrary to the requirements contained in the Instructions Instruction for Preparation of Consolidated Reports of Condition and Income (“"Call Report Instructions”") governing nonaccrual loans. Further, the Bank bank shall immediately reverse or charge charge-off that portion of the remaining accrued interest on such loans that, when combined with principal, is not protected by sound collateral values.
Appears in 2 contracts
Samples: Agreement by And (Financial Institutions Inc), Agreement (Financial Institutions Inc)
NONACCRUAL LOANS. (1) The Bank shall immediately reverse or charge charge-off all interest that has been accrued contrary to the requirements contained in the Instructions Instruction for Preparation of Consolidated Reports of Condition and Income (“Call Report Instructions”) governing nonaccrual loans. Further, the Bank bank shall immediately reverse or charge charge-off that portion of the remaining accrued interest on such loans that, when combined with principal, is not protected by sound collateral values.
Appears in 2 contracts
Samples: www.occ.gov, occ.gov
NONACCRUAL LOANS. (1) The Bank shall immediately reverse or charge off all interest that has been accrued contrary to the requirements contained in the Instructions for the Preparation of Consolidated Reports of Condition and Income (“Call Report Instructions”) governing nonaccrual loans. Further, the Bank shall immediately reverse or charge off that portion of the remaining accrued interest on such loans that, when combined with principal, is not protected by sound collateral values.
Appears in 1 contract
Samples: Agreement by and Between
NONACCRUAL LOANS. (1) The Bank shall immediately reverse or charge charge-off all interest that has been accrued contrary to the requirements contained in the Instructions for Preparation of Consolidated Reports of Condition and Income (“Call Report Instructions”) governing nonaccrual loans. Further, the Bank shall immediately reverse or charge charge-off that portion of the remaining accrued interest on such loans that, when combined with principal, is not protected by sound collateral values.
Appears in 1 contract
Samples: www.occ.gov
NONACCRUAL LOANS. (112) The Bank shall immediately reverse or charge off all interest that has been accrued contrary to the requirements contained in the Instructions for Preparation of Consolidated Reports of Condition and Income (“Call Report Instructions”) governing nonaccrual loans. Further, the Bank shall immediately reverse or charge off that portion of the remaining accrued interest on such loans that, when combined with principal, is not protected by sound collateral values.
Appears in 1 contract
Samples: Agreement by and Between
