Pro Forma Capital Requirements. The Purchaser is and, on a pro forma basis giving effect to the transactions and the financing/capital injection contemplated by the Purchaser, will be (a) at least "adequately capitalized", as defined for purposes of the Federal Deposit Insurance Act, and (b) in compliance with all capital requirements, standards and ratios required by each state or federal regulator with jurisdiction over the Purchaser, including, without limitation, any such higher requirement, standard or ratio as shall apply to institutions engaging in the acquisition of insured institution deposits, assets or branches, and no such regulator is likely to, or has indicated that it will, condition any of the Government Approvals upon an increase in the Purchaser's capital or compliance with any capital requirement, standard or ratio.
Pro Forma Capital Requirements. First Indiana is, as of the date of this Agreement and on a pro forma basis giving effect to the Mergers and any financing or capital injection will be at the Effective Time, at least "well capitalized," as defined in federal banking regulations for purposes of the FDIA.
Pro Forma Capital Requirements. BayCom and United Business Bank are as of the date of this Agreement, and will be immediately following the Closing, in compliance with all capital requirements, standards and ratios required by each Regulatory Agency having jurisdiction over them.
Pro Forma Capital Requirements. NASB Bank is, and on a pro forma basis giving effect for the transactions contemplated by this Agreement and any financing/capital injection contemplated by NASB Bank will be (i) at least "Adequately Capitalized," as defined for purposes of the FDIA and (ii) in compliance with all capital requirements, standards and ratios required by each state or federal regulator with jurisdiction over NASB Bank, including without limitation, any such higher requirement, standard or ratio as shall apply to institutions engaging in the acquisition of insured institution deposits, assets or branches, and no such regulator is likely to, or has indicated that it will, condition any of the regulatory approvals upon an additional increase in NASB Bank's capital or compliance with any capital requirement.
Pro Forma Capital Requirements. On a pro forma basis, after giving effect to the transactions contemplated hereby, Purchaser will be (i) “well capitalized,” as defined for purposes of the Federal Deposit Insurance Act, and (ii) in compliance with all capital requirements, standards and ratios required by each state or federal bank regulator with jurisdiction over Purchaser, including, without limitation, any such higher requirement, standard, or ratio as shall apply to institutions engaging in the acquisition of insured institution deposits, assets or branches, and no such regulator is likely to, or has indicated that it will, condition any of the regulatory approvals upon an additional increase in Purchaser’s capital or compliance with any capital requirement, standard or ratio.
Pro Forma Capital Requirements. First Place is, and on a pro forma basis giving effect for the transactions contemplated by this Agreement and any financing or capital injection contemplated by First Place, will be “adequately capitalized”, as defined for purposes of the FDIA, and in compliance with all capital requirements, standards and ratios required by each state or federal bank regulator with jurisdiction over First Place.
Pro Forma Capital Requirements. Mercantile is, and, to its knowledge, on a pro forma basis giving effect for the Merger and any financing or capital injection contemplated by Mercantile, will be “well capitalized”, as defined for purposes of the FDIC, and (ii) in compliance with all capital requirements, standards and ratios required by each state or federal bank regulator with jurisdiction over Mercantile.
Pro Forma Capital Requirements. Bancshares and BOF are, and on a pro forma basis giving effect for the Mergers and any capital infusion contemplated by Bancshares, will be: (i) “well capitalized,” as defined by the regulations of Bancshares’ and BOF’s respective federal regulators; and (ii) in compliance with all capital requirements, standards and ratios required by each state or federal bank regulator with jurisdiction over Bancshares or BOF, including without limitation, any such higher requirement, standard, or ratio as shall apply to institutions engaging in the acquisition of insured institution deposits, assets or branches. Furthermore, no such regulator has indicated that it will condition any regulatory approval upon an increase in Bancshares’ capital or compliance with any additional capital requirement, standard or ratio that Bancshares is unwilling to accept as a condition of such approval.
Pro Forma Capital Requirements. Buyer is and, on a pro forma basis giving effect to the transactions and the financing contemplated by Buyer, will be (a) at least “adequately capitalized”, as defined for purposes of the Federal Deposit Insurance Act and the rules and regulations promulgated thereunder as the date of this Agreement, and (b) in compliance as of the date hereof with all capital requirements, standards and ratios required by each regulator with jurisdiction over Buyer, including, without limitation, any such higher requirement, standard or ratio as shall apply to institutions engaging in the acquisition of insured institution deposits, assets or branches, and, to the knowledge of Buyer, no such regulator is likely to, or, as of the date of this Agreement has indicated that it will, condition any of the Government Approvals (as hereinafter defined) upon an increase in Buyer’s capital or compliance with any capital requirement, standard or ratio.
Pro Forma Capital Requirements. Parent is, and on a pro forma basis giving effect for the transaction contemplated by this Agreement and any financing or capital injection contemplated by the Parent, will be (i) “well capitalized”, as defined for purposes of the FDIA, and (ii) in compliance with all capital requirements, standards and ratios required by each state or federal bank regulator with jurisdiction over Parent, including without limitation, any such higher requirement, standard, or ratio as shall apply to institutions engaging in the acquisition of insured institution deposits, assets or branches, and no such regulator is likely to, or has indicated that it will, condition any of the regulatory approvals upon an additional increase in the Parent’s capital (beyond the proposed financing disclosed in Section 5.03(j) of Parent’s Disclosure Schedule) or compliance with any capital requirement, standard or ratio.
