Examples of Bancshares Financial Statements in a sentence
Except as Previously Disclosed in the Vision Bancshares Disclosure Schedule, neither Vision Bancshares nor any of its Subsidiaries has any liability (whether accrued, absolute, contingent or otherwise) that is material to Vision Bancshares on a consolidated basis, or that, when combined with all liabilities as to similar matters would be material to Vision Bancshares on a consolidated basis, except as disclosed in the Vision Bancshares Financial Statements.
The allowance for loan losses reflected in the Northwest Bancshares Financial Statements as of September 30, 2019 was, and the allowance for loan losses reflected in the Northwest Bancshares Regulatory Reports for periods ending after September 30, 2019 were or will be, adequate, as of the dates thereof, under GAAP in all material respects.
All Loans that have been made by Vision Alabama or Vision Florida and which are reflected as assets on the Vision Bancshares Financial Statements comply in all material respects with applicable regulatory limitations and procedures.
The allowance for loan losses reflected in the Northwest Bancshares Financial Statements as of September 30, 2014 was, and the allowance for loan losses reflected in the Northwest Bancshares Financial Statements for periods ending after September 30, 2014 were or will be, adequate, as of the dates thereof, under GAAP in all material respects.
The allowance for loan losses reflected on the Vision Bancshares Financial Statements was, as of each respective date, determined in accordance with GAAP and in accordance with all rules and regulations applicable to Vision Bancshares and its Subsidiaries and was, as of the respective date thereof, adequate in all material respects under the requirements of GAAP and applicable regulatory requirements and guidelines to provide for reasonably anticipated losses on outstanding Loans, net of recoveries.
The accruals and reserves for Taxes reflected in the Vision Bancshares Financial Statements are adequate for the periods covered.
Vision Bancshares and its Subsidiaries have paid and discharged all Taxes due (whether reflected on such Tax Returns or otherwise), other than such Taxes that are adequately reserved as shown on the Vision Bancshares Financial Statements or have arisen in the ordinary course of business since June 30, 2006.
The Teche Bancshares Financial Statements do not contain any items of special or nonrecurring income or any other income not earned in the ordinary course of business except as expressly specified therein.
Except as disclosed in Section 6.9(a) of the Disclosure Schedule, Riva Bancshares has good and marketable title, free and clear of all Liens (except for those Liens which are not likely to have a Material Adverse Effect on Riva Bancshares), to all of its respective material Assets, reflected in Riva Bancshares Financial Statements as being owned by Riva Bancshares as of the date hereof.
The financial information referred to in this Section 3.5 is collectively referred to in this Article III as the "Bancshares Financial Statements." The Bancshares Financial Statements fairly present the financial position of Bancshares and Prime and the results of their respective operations at the dates and for the periods indicated in conformity with agreed upon selected procedures applied on a consistent basis with previous accounting periods.