Classified Assets definition

Classified Assets. An asset classified as “Substandard,” “Doubtful,” “Loss” or a similar category in accordance with the then-current regulations of the Applicable Bank Regulatory Authority.

Classified Assets shall have the meaning given to such term in Section 6.1.15.

Classified Assets means, at any particular time, all assets of Bank classified as “Loss,” “Doubtful,” or “Substandard” or in any equivalent category by Bank or any governmental or regulatory authority.

Examples of Classified Assets in a sentence

• Business Overview Financial Management and Equity Stakes Classified Assets Bank of Spain Classification Requirements in our 2006 Form 20-F.

• Weighted Adversely Classified Assets is the summation of each classification category utilizing the following weights: Substandard 20 percent, Doubtful 50 percent, and Loss 100 percent.

• Among them was Richard Jackson, who was an Executive Vice President and who served on the Bank’s Board, the SLC, the Classified Assets Committee(“CAC”), and the Asset Liability Committee.

• Classified Assets • Gross non-performing loans Non-performing loans are loans, including interbank and money markets, which are classified as substandard, doubtful, doubtful loss, and loss.

• Assets possessing various degrees of well-defined credit weaknesses shall be placed in one of the latter four categories and collectively, these assets shall be referred to as Classified Assets.

More Definitions of Classified Assets

Classified Assets means the Credit Exposure for all assets with a Regulatory Rating of Substandard or worse, as determined by the Company under the Regulatory Credit Classifications process. “Credit Exposure” shall mean the sum of the book balance of loans and capital leases, any off balance sheet exposure, unused commitments to extend credit, scheduled lease term depreciation for operating leases, the carrying value of any equity investments and the carrying value of repossessed assets or off lease equipment.

Classified Assets means all Classified Loans, plus OREO and other repossessed assets.

Classified Assets means, as of September 30, 2016, all of the Classified Loans, plus OREO and other repossessed assets.

Classified Assets means loans or other assets characterized as “Substandard”, “Doubtful”, “Loss” or words of similar import and “Other Real Estate Owned”, all as reflected in the books and records of Target and Target Bank, prepared in a manner consistent with past practice, with the preparation of the financial statements in the Target SEC Reports and with Target’s or Target Bank’s written policies in effect as of the date of this Agreement; and three calendar days before the Closing Date, Target shall provide Buyer with a schedule reporting Classified Assets, including “Other Real Estate Owned”, as of such time.

Classified Assets means, at any particular time, all assets of Bank ----------------- classified, in whole or in part, as "Loss," "Doubtful," "Substandard," or "Other Assets Especially Mentioned" by Bank or any governmental or regulatory authority.

Classified Assets means all OREO and all loans which have been classified as “substandard,” “doubtful,” or “loss” (or words of similar import) by the Bank, or an applicable Regulatory Authority.

Classified Assets means all of the Loans of Malvern and its Subsidiaries that, as of September 30, 2022, had an outstanding balance of $50,000 or more and were classified by Malvern as substandard, doubtful, loss or OREO as reported by Xxxxxxx in the Malvern SEC Reports.