Classified Assets definition

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

Examples of Classified Assets in a sentence

  • As of the last day of any fiscal quarter, the Bank shall have a Classified Assets to Tier 1 Capital Ratio of no greater than 50.0%.

  • Eldorado will keep CSBI fully informed of the status of, and the action proposed to be taken with respect to, Classified Assets that, in combination with all related Borrower Group Obligations, have an aggregate carry value of $100,000 or more.

  • The time has long since passed when such attacks were nuisances created by computer technicians showing off their programming skills.

  • Classified Assets to Tier 1 Capital Ratio of no greater than 50% tested quarterly Calculation: Classified Assets to Tier 1 Capital Ratio of for period ending .

  • This will increase the BID programme targeted rate collected accordingly.


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, as of September 30, 2016, all of the Classified Loans, plus OREO and other repossessed assets.
Classified Assets means all 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 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.
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, for Matrix Bank and at any time, all (a) assets of Matrix Bank that are classified as "substandard," "doubtful," or "loss" by FDIC, OTS, or any other Tribunal with regulatory authority over Matrix Bank, (b) assets that are otherwise subject to special credit quality supervision by Matrix Bank or the financial institution through which Matrix Bank claims an interest in the particular asset, (c) Other Real Estate Owned, and (d) Other Impaired Assets.