Adversely Classified definition

Adversely Classified means, with respect to any Loan or security, a Loan or security which, as of the date of the most recent pertinent data made available to the Assuming Bank as part of the Information Package, has been designated in the most recent report of examination as "Substandard," "Doubtful" or "Loss" by the Failed Bank's appropriate Federal or State Chartering Authority or regulator.

Adversely Classified means, with respect to any Loan or security, a Loan or security which, as of the date of the most recent pertinent data made available to the Assuming Bank as part of the Information Package, has been designated in the most recent report of examination as "Substandard," "Doubtful" or "Loss" by the Failed Bank's appropriate Federal or State Chartering Authority or regulator. "Affiliate" of any Person means any director, officer, or employee of that Person and any other Person (i) who is directly or indirectly controlling, or controlled by, or under direct or indirect common control with, such Person, or (ii) who is an affiliate of such Person as the term "affiliate" is defined in Section 2 of the Bank Holding Company Act of 1956, as amended, 12 U.S.C. Section 1841.

Examples of Adversely Classified in a sentence

• Presentation of Problem Loans - Adversely Classified Quarterly Recap (Confidential Attachment 24) – Kirby EvangerF.

• The Group’s definition of its loan classification and corresponding credit risk ratings are as follows: Current/Unclassified :Grades AAA to BWatchlisted :Grade B-Loans Especially Mentioned :Grade CSubstandard :Grade DDoubtful :Grade ELoss :Grade F Once an account is Watchlisted or Adversely Classified, the resulting risk rating grade is aligned based on the above classification.

• Examination treatment of Category I contingencies is covered under the heading Adversely Classified Contingent Liabilities in the Off-Balance Sheet Lending Activities Section.

• The examination procedures for Category I contingent liabilities are regarded as Adversely Classified Contingent Liabilities while those for Category II contingencies are regarded as the heading for Potential and Estimated Losses in Contingent Liabilities.

• The greatest difference is in the item "I like the way I was taught to use the book/tablet to do my school work".

• For purposes of this Section 8, the ROA, ROE, FDIC Rating, Total Adversely Classified Items to Tier 1 Capital, Allowance for Loan and Lease Losses and Efficiency Ratio shall all be derived from any report of management submitted to the Board of Directors at the Board Meeting immediately preceding the date of any adjustment.