Common use of Nonperforming Assets Clause in Contracts

Nonperforming Assets. To the knowledge of the Company, except as disclosed in the Company’s Exchange Act reports, the Company believes that the amount of reserves and allowances for loan and lease losses and other nonperforming assets established on the Company’s and Bank’s financial statements is adequate and such belief is reasonable under all the facts and circumstances known to the Company and Bank.

Appears in 3 contracts

Samples: Sales Agency Agreement (F&m Bank Corp), Sales Agency Agreement (Village Bank & Trust Financial Corp.), Sales Agency Agreement (Village Bank & Trust Financial Corp.)

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Nonperforming Assets. To the knowledge of the Company, except as disclosed in the Company’s Exchange Act reports, the Company believes that the amount of reserves and allowances for loan and lease losses and other nonperforming assets established on the Company’s and Bank’s financial statements is adequate and such belief is reasonable under all the facts and circumstances known to the Company and BankCompany.

Appears in 1 contract

Samples: Agency Agreement (Trinity Capital Corp)

Nonperforming Assets. To the knowledge of the Company, except as disclosed in the Company’s Exchange Act reportsKnowledge, the Company believes that the amount of reserves and allowances for loan and lease losses and other nonperforming assets established on disclosed in the Company’s and Bank’s financial statements Company Financial Statements is adequate as of the respective dates thereof, and such belief is was reasonable under all the facts and circumstances known to the Company and BankBank as of the respective dates thereof.

Appears in 1 contract

Samples: Securities Purchase Agreement (Bancorp 34, Inc.)

Nonperforming Assets. To the knowledge of the Company, except as disclosed in the Company’s Exchange Act reports, the The Company believes that the amount of reserves and allowances for loan and lease losses and other nonperforming assets established on the Company’s and Bank’s financial statements is adequate and such belief is reasonable under all the facts and circumstances known to the Company and Bank.

Appears in 1 contract

Samples: Securities Purchase Agreement (Carolina Bank Holdings Inc)

Nonperforming Assets. To the knowledge of the Company, except as disclosed in the Company’s Exchange Act reports, the The Company believes that the amount of reserves and allowances for loan and lease losses and other nonperforming assets established on the Company’s and Bank’s financial statements is adequate and such belief is reasonable under all of the facts and circumstances known Known to the Company and BankCompany.

Appears in 1 contract

Samples: Stock Purchase Agreement (BCB Bancorp Inc)

Nonperforming Assets. To the knowledge of the Company’s knowledge, except as disclosed in the Company’s Exchange Act reportsSEC Reports, the Company believes that the amount of reserves and allowances for loan and lease losses and other nonperforming assets established on the Company’s and Bank’s financial statements is adequate and such belief is reasonable under all the facts and circumstances known to the Company and Bank.

Appears in 1 contract

Samples: Securities Purchase Agreement (Citizens Community Bancorp Inc.)

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Nonperforming Assets. To the knowledge of the Company’s Knowledge, except as disclosed in the Company’s Exchange Act reportsSEC Reports, the Company believes that the amount of reserves and allowances for loan and lease losses and other nonperforming assets established on the Company’s and Bank’s financial statements is adequate and such belief is reasonable under all the facts and circumstances known to the Company and Bank.

Appears in 1 contract

Samples: Securities Purchase Agreement (First Mid Illinois Bancshares Inc)

Nonperforming Assets. To the knowledge of the Company’s Knowledge, except as disclosed in the Company’s Exchange Act reportsSEC Reports, the Company believes that the amount of reserves and allowances for loan and lease losses and other nonperforming assets established on the Company’s and Bank’s financial statements is adequate and such belief is reasonable under all the facts and circumstances known to the Company and Bank.

Appears in 1 contract

Samples: Securities Purchase Agreement (F&m Bank Corp)

Nonperforming Assets. To the knowledge As of the Companydate hereof, except as disclosed in to the Company’s Exchange Act reportsKnowledge, the Company believes that the amount of reserves and allowances for loan and lease losses and other nonperforming assets established on the Company’s and each Bank’s financial statements is adequate adequate, and such belief is reasonable under all the facts and circumstances known to the Company and applicable Bank.

Appears in 1 contract

Samples: Securities Purchase Agreement (MidWestOne Financial Group, Inc.)

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