Common use of Well Capitalized Clause in Contracts

Well Capitalized. As of June 30, 2010, each Bank met or exceeded the standards necessary to be considered “well capitalized” under the FDIC’s regulatory framework for prompt corrective action.

Appears in 2 contracts

Sources: Securities Purchase Agreement (First NBC Bank Holding Co), Securities Purchase Agreement (First NBC Bank Holding Co)

Well Capitalized. As of June 30, 20102022, each the Bank met or exceeded the standards necessary quantitative capital requirements to be considered “well capitalized” under the FDIC’s regulatory framework for prompt corrective action.

Appears in 1 contract

Sources: Investment Agreement (Third Coast Bancshares, Inc.)

Well Capitalized. As of June 30December 31, 2010, each the Bank met or exceeded the standards necessary to be considered “well capitalized” under the FDIC’s regulatory framework for prompt corrective action.

Appears in 1 contract

Sources: Securities Purchase Agreement (First NBC Bank Holding Co)

Well Capitalized. As of June 30, 20102017, each the Bank met or exceeded the standards necessary to be considered “well capitalized” under the FDIC’s regulatory framework for prompt corrective action.

Appears in 1 contract

Sources: Securities Purchase Agreement (Bay Banks of Virginia Inc)

Well Capitalized. As of June September 30, 20102019, each the Bank met or exceeded the standards necessary to be considered “well capitalized” under the FDIC’s regulatory framework for prompt corrective action.

Appears in 1 contract

Sources: Stock Purchase Agreement (Investar Holding Corp)

Well Capitalized. As of June 30, 20102015, each Bank met or exceeded the standards necessary to be considered “well capitalized” under the FDIC’s regulatory framework for prompt corrective action.

Appears in 1 contract

Sources: Subordinated Note Purchase Agreement (WashingtonFirst Bankshares, Inc.)