Common use of Periodic Financial and Other Information Clause in Contracts

Periodic Financial and Other Information. Following the date of this Agreement and until the Effective Time, FNB will deliver to ACB, as soon as each is available: (i) an income statement and a statement of condition after each month end; (ii) a copy of all interim financial statements after each quarter end; (iii) a copy of each report, registration, statement, or other communication or regulatory filing made with or to any Regulatory Authority simultaneous with the filing or making thereof; (iv) information regarding each new extension of credit by First National in excess of $100,000 (other than a loan secured by a first lien on a one-to-four family principal residence which is being made for the purchase or refinancing of that residence with a loan to value ratio of 80% or less) within ten (10) business days after each calendar month end; (v) an analysis of First National’s Loan Loss Reserve and management’s assessment of the adequacy of the Loan Loss Reserve within ten (10) business days after each calendar quarter end; (vi) an analysis and assessment of all of First National’s classified or “watch list” loans, along with the outstanding balance and amount specifically allocated to the Loan Loss Reserve for each such classified or “watch list” Loan within ten (10) business days after each calendar month end; and, (vii) the following information with respect to First National’s loans and other extensions of credit (such assets being referred to in this Agreement as “Loans”) as of, and within ten (10) business days following, each calendar month end: (A) a list of Loans past due for 30 days or more as to principal or interest; (B) a list of Loans in nonaccrual status; (C) a list of all Loans without principal reduction for a period of longer than one year; (D) a list of all foreclosed real property or other real estate owned and all repossessed personal property; (E) a list of each reworked or restructured Loan still outstanding, including original terms, restructured terms and status; and (F) a list of any actual or threatened litigation by or against FNB pertaining to any Loan or credit, which list shall contain a description of circumstances surrounding such litigation, its present status and management’s evaluation of such litigation.

Periodic Financial and Other Information. Following Upon the request of MFC following the date of this Agreement and from time to time until the Effective Time, FNB Cardinal promptly will deliver the following information to ACB, as soon as MFC in writing within five business days following each is availablesuch request by MFC: (i) an a consolidated income statement and a consolidated statement of condition after each month endcondition; (ii) a copy of all interim consolidated financial statements after each quarter endstatements; (iii) a copy of each report, registration, statement, or other communication or regulatory filing made by Cardinal or Xxxxx with or to any Regulatory Authority simultaneous with the filing or making thereofAuthority; (iv) information regarding each new extension of credit by First National in excess of $100,000 (other than a loan secured by a first lien on a one-to-four family principal residence which is being made for the purchase or refinancing of that residence with a loan to value ratio of 80% or less) within ten (10) business days after each calendar month end; (v) an analysis of First National’s the Loan Loss Reserve and management’s 's assessment of the adequacy of the Loan Loss Reserve within ten (10) business days after each calendar quarter end; (vi) an Reserve, which analysis and assessment shall include a list of all of First National’s classified or “"watch list” loans" Loans, along with the outstanding balance and amount specifically allocated to the Loan Loss Reserve for each such classified or “"watch list” Loan within ten (10) business days after each calendar month end" Loan; and, (viiv) the following information with respect to First National’s loans and other extensions of credit (such assets being referred Xxxxx'x Loans or any commitment to in this Agreement as “Loans”) as ofmake, and within ten (10) business days following, each calendar month endissue or extend any Loan: (A) a list of Loans that are past due for 30 days or more as to principal or interestinterest for more than 30 days; (B) a list of Loans in nonaccrual status; (C) a list of all Loans without principal reduction for a period of longer than one year; (D) a list of all foreclosed real property or other real estate owned and all repossessed personal property; (E) a list of each reworked or restructured Loan still outstanding, including original terms, restructured terms and status; and (F) a list of any actual or threatened litigation by or against FNB Xxxxx pertaining to any Loan or credit, which list shall contain a description of circumstances surrounding such litigation, its present status and and, unless such disclosure would result in a waiver of attorney-client privilege or be discoverable, management’s 's evaluation of such litigation. (vi) the following additional information: (A) a listing of each new Loan in an original principal amount of $250,000 or more made since the same information was last provided; (B) a listing of each renewal, extension or modification of the terms of a Loan effected since the same information was last provided; (C) a listing of each commitment to extend credit in a principal amount of $250,000 or more issued since the same information was last provided; and EXHIBIT 2.1 (D) a then current listing of all documentation or compliance exceptions relating to Xxxxx'x Loans.

Periodic Financial and Other Information. Following the date of this Agreement and until the Effective Time, FNB Village Financial and/or Village Bank, as applicable, will deliver to ACBRiver City Bank, as soon as each is availableavailable or within the time frames set forth below: (i) an income statement and a statement of condition after each month endend (including branch Cost Center detail, DDA Trial Balance, SAV Trial Balance and COD Trial Balance); (ii) a copy of all interim quarterly financial statements after each quarter end; (iii) a copy of each report, registration, statement, or other communication or regulatory filing made with or to any Regulatory Governmental Authority simultaneous with the filing or making thereof; (iv) information regarding each new extension of credit by First National in excess of $100,000 500,000 (other than a loan secured by a first lien Lien on a one-to-four family principal residence which is being made for the purchase or refinancing of that residence with a loan to value ratio of 80% or less) within ten (10) business days after each calendar month end; (v) an analysis of First National’s the Loan Loss Reserve and management’s assessment of the adequacy of the Loan Loss Reserve within ten (10) business 21 days after each calendar quarter end; (vi) an analysis and assessment of all of First National’s classified or “watch list” loans, along with the outstanding balance and amount specifically allocated to the Loan Loss Reserve for each such classified or “watch list” Loan within ten (10) business 21 days after each calendar month end; and,; (vii) the following information with respect to First National’s loans and other extensions of credit (such assets being referred to in this Agreement as “Loans”) as of, and Loans within ten (10) business twenty-one days following, following each calendar month end: : (A) a list of Loans past due for 30 days or more as to principal or interest; ; (B) a list of Loans in nonaccrual status; ; (C) a list of all Loans without principal reduction for a period of longer than one year; ; (D) a list of all foreclosed real property or other real estate owned and all repossessed personal property; ; (E) a list of each reworked or restructured Loan still outstanding, including original terms, restructured terms and status; and and (F) a list of any actual or threatened litigation by or against FNB pertaining to any Loan Village Financial or creditVillage Bank, which list shall contain a description of circumstances surrounding such litigation, its present status and management’s evaluation of such litigation; (viii) a written description and explanation of any significant budget variances; and (ix) copies of all monthly packages to be delivered to the members of the Board of Directors of Village Financial and Village Bank.

Periodic Financial and Other Information. Following the date of this Agreement and until the Effective Time, FNB River City Bank will deliver to ACBVillage Financial, as soon as each is availableavailable or within the time frames set forth below: (i) an income statement and a statement of condition after each month endend (including branch Cost Center detail, DDA Trial Balance, SAV Trial Balance and COD Trial Balance); (ii) a copy of all interim quarterly financial statements after each quarter end; (iii) a copy of each report, registration, statement, or other communication or regulatory filing made with or to any Regulatory Governmental Authority simultaneous with the filing or making thereof; (iv) information regarding each new extension of credit by First National in excess of $100,000 500,000 (other than a loan secured by a first lien Lien on a one-to-four family principal residence which is being made for the purchase or refinancing of that residence with a loan to value ratio of 80% or less) within ten (10) business days after each calendar month end; (v) an analysis of First National’s the Loan Loss Reserve and management’s assessment of the adequacy of the Loan Loss Reserve within ten (10) business 21 days after each calendar quarter end; (vi) an analysis and assessment of all of First National’s classified or “watch list” loans, along with the outstanding balance and amount specifically allocated to the Loan Loss Reserve for each such classified or “watch list” Loan within ten (10) business 21 days after each calendar month end; and,; (vii) the following information with respect to First National’s loans and other extensions of credit (such assets being referred to in this Agreement as “Loans”) as of, and within ten (10) business twenty-one days following, each calendar month end: : (A) a list of Loans past due for 30 days or more as to principal or interest; ; (B) a list of Loans in nonaccrual status; ; (C) a list of all Loans without principal reduction for a period of longer than one year; ; (D) a list of all foreclosed real property or other real estate owned and all repossessed personal property; ; (E) a list of each reworked or restructured Loan still outstanding, including original terms, restructured terms and status; and and (F) a list of any actual or threatened litigation by or against FNB pertaining to any Loan or creditRiver City Bank, which list shall contain a description of circumstances surrounding such litigation, its present status and management’s evaluation of such litigation; (viii) a written description and explanation of any significant budget variances; and (ix) copies of all monthly packages to be delivered to the members of the Board of Directors of River City Bank.

Periodic Financial and Other Information. Following the date of this Agreement and until the Effective Time, FNB Bank of Richmond will deliver to ACBFinancial Holdings, as soon as each is availableavailable or within the time frames set forth below: (i) an income statement and a statement of condition after each month endend (including branch Cost Center detail, DDA Trial Balance, SAV Trial Balance and COD Trial Balance); (ii) a copy of all interim financial statements after each quarter end; (iii) a copy of each report, registration, statement, or other communication or regulatory filing made with or to any Regulatory Authority simultaneous with the filing or making thereof; (iv) information regarding each new extension of credit by First National in excess of $100,000 500,000 (other than a loan secured by a first lien on a one-to-four family principal residence which is being made for the purchase or refinancing of that residence with a loan to value ratio of 80% or less) within ten (10) business days after each calendar month end; (v) an analysis of First National’s the Loan Loss Reserve and management’s assessment of the adequacy of the Loan Loss Reserve within ten (10) business twenty-one days after each calendar quarter end; (vi) an analysis and assessment of all of First National’s classified or “watch list” loans, along with the outstanding balance and amount specifically allocated to the Loan Loss Reserve for each such classified or “watch list” Loan within ten (10) business twenty-one days after each calendar month end; and, (vii) the following information with respect to First National’s loans and other extensions of credit (such assets being referred to in this Agreement as “Loans”) as of, and within ten (10) business twenty-one days following, each calendar month end: (A) a list of Loans past due for 30 days or more as to principal or interest; (B) a list of Loans in nonaccrual status; (C) a list of all Loans without principal reduction for a period of longer than one year; (D) a list of all foreclosed real property or other real estate owned and all repossessed personal property; (E) a list of each reworked or restructured Loan still outstanding, including original terms, restructured terms and status; and (F) a list of any actual or threatened litigation by or against FNB pertaining to any Loan or creditBank of Richmond, which list shall contain a description of circumstances surrounding such litigation, its present status and management’s evaluation of such litigation.

Periodic Financial and Other Information. Following the date of this Agreement and until the Effective Time, FNB SSB will promptly deliver to ACB, as soon as each is availableBNC: (i) an income statement and a statement of condition within ten business days after each month end; (ii) a copy of the audited financial statements within 45 business days after the fiscal year end and a copy of all interim financial statements within 30 business days after each quarter end; (iii) a copy of each report, registration, statement, or other communication or regulatory filing made with or to any Regulatory Authority simultaneous with the filing or making thereof; (iv) information regarding each new request for an extension of credit by First National in excess of $100,000 500,000 (other than a loan secured by a first lien on a one-to-four family principal residence which is being made for the purchase or refinancing of that residence with residence) using its best efforts to provide prior to, but in any event notification within two (2) days after, the issuance of a loan to value ratio of 80% or less) within ten (10) business days after each calendar month endcommitment on such loan; (v) an analysis of First National’s the Loan Loss Reserve and management’s assessment of the adequacy of the Loan Loss Reserve within ten (10) business days after each calendar quarter end; (vi) an Reserve, which analysis and assessment shall include a list of all of First National’s classified or “watch list” loans, along with the outstanding balance and amount specifically allocated to the Loan Loss Reserve for each such classified or “watch list” Loan Loan, all within ten (10) business days after each calendar month end; and,; (viivi) the following information with respect to First National’s loans and other extensions of credit (such assets being referred to in this Agreement as “Loans”) as of, and within ten (10) business days following, following each calendar month end:; (A) a list of Loans past due for 30 days or more as to principal or interest; (B) a list of Loans in nonaccrual status; (C) a list of all Loans without principal reduction for a period of longer than one year; (D) a list of all foreclosed real property or other real estate owned and all repossessed personal property; (E) a list of each reworked or restructured Loan still outstanding, including original terms, restructured terms and status; and (F) a list of any actual or threatened litigation by or against FNB SSB pertaining to any Loan or credit, which list shall contain a description of circumstances surrounding such litigation, its present status and management’s evaluation of such litigation.

Periodic Financial and Other Information. Following the date of ---------------------------------------- this Agreement and until the Effective Time, FNB HC Financial and High Country will deliver to ACBYadkin, as soon as promptly after each is available: (i) an income statement and a statement of condition after each month end; (ii) a copy of all interim financial statements after each quarter end; (iii) a copy of each report, registration, statement, or other communication or regulatory filing made with or to any Regulatory Authority simultaneous with the filing or making thereof; (iv) information regarding each new extension of credit by First National in excess of $100,000 250,000 (other than a loan secured by a first lien on a one-to-four family principal residence which is being made for the purchase or refinancing of that residence with residence) after issuance of a loan to value ratio of 80% or less) within ten (10) business days after each calendar month endcommitment on such loan; (v) an analysis of First National’s the Loan Loss Reserve and management’s 's assessment of the adequacy of the Loan Loss Reserve within ten (10) business days after each calendar quarter end; (vi) an Reserve, which analysis and assessment shall include a list of all of First National’s classified or “"watch list” " loans, along with the outstanding balance and amount specifically allocated to the Loan Loss Reserve for each such classified or “"watch list” Loan " Loan, all within ten (10) business days after each calendar month end; and, (viivi) the following information with respect to First National’s loans and other extensions of credit (such assets being referred to in this Agreement as “"Loans”") as of, and within ten (10) business days following, each calendar month end: (A) a list of Loans past due for 30 days or more as to principal or interest; (B) a list of Loans in nonaccrual status; (C) a list of all Loans without principal reduction for a period of longer than one year; (D) a list of all foreclosed real property or other real estate owned and all repossessed personal property; (E) a list of each reworked or restructured Loan still outstanding, including original terms, restructured terms and status; and (F) a list of any actual or threatened litigation by or against FNB HC Financial or High Country pertaining to any Loan or credit, which list shall contain a description of circumstances surrounding such litigation, its present status and management’s 's evaluation of such litigation.

Periodic Financial and Other Information. Following the date of this Agreement and from time to time as indicated below until the Effective Time, FNB Xxxxxxxx promptly will deliver the following information to ACB, as soon as each is availableBOC in writing: (i) an within ten business days following each calendar month-end, Xxxxxxxx’x unaudited consolidated year-to-date income statement and a an unaudited consolidated statement of condition after condition, each month as of that month-end; (ii) a copy of all within 15 days following each calendar quarter-end, Xxxxxxxx’x interim unaudited consolidated financial statements after each quarter endfor and as of the end of that quarterly period; (iii) promptly following the filing thereof, a copy of each report, registration, statement, statement or other communication filing (and any amendments thereto) made by Xxxxxxxx or regulatory filing made Xxxxxxxx Investment with or to any Regulatory Authority simultaneous with the filing or making thereofAuthority; (iv) information regarding each new extension of credit by First National in excess of $100,000 (other than a loan secured by a first lien on a one-to-four family principal residence which is being made for the purchase or refinancing of that residence with a loan to value ratio of 80% or less) within ten (10) business days after following each calendar month month-end; (v) an analysis of First National’s Loan Loss Reserve and management’s assessment of the adequacy of the Loan Loss Reserve within ten (10) business days after each calendar quarter end; (vi) an analysis and assessment , a current listing of all of First National’s classified or “watch list” loans, along with the outstanding balance and amount specifically allocated to the Loan Loss Reserve Reserves for each such classified or “watch list” Loan loan; (v) within ten (10) business 15 days after following each calendar month quarter-end; and,, management’s analysis of Xxxxxxxx’x Loan Loss Reserves; (vi) with respect to Xxxxxxxx’x loans or any commitment to make, issue or extend any loan, a copy of each month’s directors report, simultaneously with the distribution thereof to members of Xxxxxxxx’x Board of Directors; (vii) within ten business days following each calendar month-end, the following information with respect to First National’s Xxxxxxxx’x loans and other extensions or any commitments to make, issue or extend any loan, all as of credit (such assets being referred to in this Agreement as “Loans”) as of, and within ten (10) business days following, each calendar month that month-end: (A) a list listing of Loans past due for 30 days (1) each loan made by Xxxxxxxx to a borrower, or more as commitment by Xxxxxxxx to principal make, issue or interestextend any loan, and (2) each renewal, extension or modification by Xxxxxxxx of the terms of, or commitment by Xxxxxxxx to renew, extend or modify the terms of, any existing loan; (B) a list of Loans in nonaccrual statusloans that are past due as to principal or interest for more than 30 days; (C) a list of all Loans without loans in nonaccrual status; (D) a list of loans for which there has been no reduction in principal reduction for a period of longer than one year; (DE) a list of all foreclosed real property or other real estate owned and all repossessed personal property; (EF) a list of each all reworked or restructured Loan loans still outstanding, including original terms, restructured terms and status; and (FG) a list then current listing of any actual all documentation or threatened litigation by or against FNB pertaining compliance exceptions relating to any Loan or credit, which list shall contain a description of circumstances surrounding such litigation, its present status and management’s evaluation of such litigationXxxxxxxx’x loans.

Periodic Financial and Other Information. Following the date of this Agreement and until the Effective Time, FNB Main Street and Piedmont will deliver to ACBYadkin, as soon as each is available: (i) an income statement and a statement of condition after each month end; (ii) a copy of all interim financial statements after each quarter end; (iii) a copy of each report, registration, statement, or other communication or regulatory filing made with or to any Regulatory Authority simultaneous with the filing or making thereof; (iv) information regarding each new extension of credit by First National in excess of $100,000 250,000 (other than a loan secured by a first lien on a one-to-four family principal residence which is being made for the purchase or refinancing of that residence with residence) after issuance of a loan to value ratio of 80% or less) within ten (10) business days after each calendar month endcommitment on such loan; (v) an analysis of First National’s the Loan Loss Reserve and management’s 's assessment of the adequacy of the Loan Loss Reserve within ten (10) business days after each calendar quarter end; (vi) an Reserve, which analysis and assessment shall include a list of all of First National’s classified or “"watch list” " loans, along with the outstanding balance and amount specifically allocated to the Loan Loss Reserve for each such classified or “"watch list” Loan within ten (10) business days " Loan, all after each calendar month end; and, (viivi) the following information with respect to First National’s loans and other extensions of credit (such assets being referred to in this Agreement as “"Loans”") as of, and within ten (10) business days following, each calendar month end: (A) a list of Loans past due for 30 days or more as to principal or interest; (B) a list of Loans in nonaccrual status; (C) a list of all Loans without principal reduction for a period of longer than one year; (D) a list of all foreclosed real property or other real estate owned and all repossessed personal property; (E) a list of each reworked or restructured Loan still outstanding, including original terms, restructured terms and status; and (F) a list of any actual or threatened litigation by or against FNB Main Street or Piedmont pertaining to any Loan or credit, which list shall contain a description of circumstances surrounding such litigation, its present status and management’s 's evaluation of such litigation.

Periodic Financial and Other Information. Following the date of this Agreement and from time to time as indicated below until the Effective Time, FNB PCCC promptly will deliver the following information to ACB, as soon as each is availableFCB in writing: (i) an within five business days following each calendar month-end, PCCC’s unaudited consolidated year-to-date income statement and a unaudited consolidated statement of condition after condition, each month as of that month-end; (ii) a copy of all within 15 days following each calendar quarter-end, PCCC’s interim unaudited consolidated financial statements after each quarter endfor and as of the end of that quarterly period; (iii) promptly following the filing thereof, a copy of each report, registration, statement, or other communication or regulatory filing made by PCCC, PCB or PFS with or to any Regulatory Authority simultaneous with the filing or making thereofAuthority; (iv) information regarding each new extension of credit by First National in excess of $100,000 (other than a loan secured by a first lien on a one-to-four family principal residence which is being made for the purchase or refinancing of that residence with a loan to value ratio of 80% or less) within ten (10) five business days after following each calendar month month-end; (v) , an analysis of First NationalPCB’s Loan Loss Reserve and management’s assessment of the adequacy of the Loan Loss Reserve within ten (10) business days after each calendar quarter end; (vi) an analysis and assessment Reserve, together with a current listing of all of First National’s classified or “watch list” loansLoans, along with the outstanding balance and amount specifically allocated to the Loan Loss Reserve for each such classified or “watch list” Loan within ten Loan; (10v) business days after with respect to PCB’s Loans or any commitment to make, issue or extend any Loan, a copy of each calendar month end; andmonth’s directors report, simultaneously with the distribution thereof to members of PCB’s board of directors, (viivi) within five business days following each calendar month-end, the following information with respect to First NationalPCB’s loans and other extensions Loans or any commitments to make, issue or extend any Loan, all as of credit (such assets being referred to in this Agreement as “Loans”) as of, and within ten (10) business days following, each calendar month that month-end: (A) a listing of each new Loan in excess of $500,000 in principal balance made since the same information was last provided; (B) a listing of each renewal, extension or modification of the terms of a Loan in excess of $500,000 in principal balance effected since the same information was last provided; (C) a listing of each commitment to extend credit in excess of $500,000 in principal balance issued since the same information was last provided; and (D) a list of Loans that are past due for 30 days or more as to principal or interestinterest for more than 30 days; (BE) a list of Loans in nonaccrual status; (CF) a list of all Loans without principal reduction for a period of longer than one year; (DG) a list of all foreclosed real property or other real estate owned and all repossessed personal property; (EH) a list of each all reworked or restructured Loan Loans still outstanding, including original terms, restructured terms and status; and; (FI) a list of any actual or or, to the Best Knowledge of PCCC, threatened litigation by or against FNB PCB pertaining to any Loan or credit, which list shall contain a description of circumstances surrounding such litigation, its present status and management’s evaluation of such litigation; (J) a then current listing of all documentation or compliance exceptions relating to PCB’s Loans; and (K) a listing of (1) all Loans made by PCB to a borrower, or commitments by PCB to make, issue or extend any Loans to a borrower, in excess of the lesser of $1,000,000 or an amount that would cause PCB’s credit exposure to that borrower to exceed that amount, and (2) all renewals, extensions or modifications by PCB of the terms of, or commitments by PCB to renew, extend or modify the terms of, any existing Loans to a borrower to whom PCB has a credit exposure in excess of $1,000,000.

Periodic Financial and Other Information. Following the date of this Agreement and until the Effective Time, FNB Community Bank will deliver to ACBFinancial Corporation, as soon as each is available: (i) an income statement and a statement of condition after each month end; (ii) a copy of all interim financial statements after each quarter end; (iii) a copy of each report, registration, statement, or other communication or regulatory filing made with or to any Regulatory Authority simultaneous with the filing or making thereof; (iv) information regarding each new extension of credit by First National in excess of $100,000 500,000 (other than a loan secured by a first lien on a one-to-four family principal residence which is being made for the purchase or refinancing of that residence with a loan to value ratio of 80% or less) within ten (10) business days after each calendar month end; (v) an analysis of First National’s the Loan Loss Reserve and management’s 's assessment of the adequacy of the Loan Loss Reserve within ten (10) business days after each calendar quarter end; (vi) an analysis and assessment of all of First National’s classified or “"watch list” " loans, along with the outstanding balance and amount specifically allocated to the Loan Loss Reserve for each such classified or “"watch list” " Loan within ten (10) business days after each calendar month end; and, (vii) the following information with respect to First National’s loans and other extensions of credit (such assets being referred to in this Agreement as “"Loans”") as of, and within ten (10) business days following, each calendar month end: (A) a list of Loans past due for 30 days or more as to principal or interest; (B) a list of Loans in nonaccrual status; (C) a list of all Loans without principal reduction for a period of longer than one year; (D) a list of all foreclosed real property or other real estate owned and all repossessed personal property; (E) a list of each reworked or restructured Loan still outstanding, including original terms, restructured terms and status; and (F) a list of any actual or threatened litigation by or against FNB pertaining to any Loan or credit, which list shall contain a description of circumstances surrounding such litigation, its present status and management’s evaluation of such litigation.