Core Deposits definition

Core Deposits means the aggregate balance of all Deposit Liabilities of the Offices (which aggregate balance shall include interest posted to such accounts as of the close of business on the Closing Date). The amount calculated as set forth herein as of the close of business on the Closing Date is hereinafter called the "Acquisition Consideration;" and

Core Deposits means the total deposits of Southwestern National Bank other than (a) time deposits and (b) all other brokered deposits or deposits from financial institutions.

Core Deposits means all deposits (as defined in 12 U.S.C. Section 1813(1)) of GAFC shown on the books and records of GAB, including but not limited to all interest posted thereon accrued but unpaid interest and both collected and uncollected funds (including overdrawn accounts), together with GAB’s rights and responsibilities under any customer agreement evidencing or relating thereto, but excluding (i) deposit accounts associated with a public body, including but not limited to any municipal, county, state or federal government, and (ii) brokered deposits and (iii) wholesale deposits, but including corporate sweep accounts.

Examples of Core Deposits in a sentence

• Amortisation is calculated using the straight-line method over the expected useful lives of the intangible assets which is 15 years for the Globe Finance Brand and 8 years for Core Deposits.

• Compared to 1Q19 demand deposits were up 15%, and time deposits were down (1%), totaling 9% growth in Core Deposits.

• Core Deposits are assessed for impairment by comparing the retention rate of deposits over the prior reporting period.

• The term "Core Deposits" shall mean the aggregate balance of all Deposit Liabilities of the Offices (which aggregate balance shall include interest posted to such accounts as of the close of business on the Closing Date).

• WorldReginfo - e5d88eae-4799-44fc-822f-d4efd70f7685• Core Deposits rose 2% during the quarter: demand deposits grew 4%, while time deposits had a (1%) decline.

More Definitions of Core Deposits

Core Deposits means all deposits other than (i) brokered deposits, (ii) time deposits greater than $100,000, and (iii) any deposits that were subject to off balance sheet deposit sweep programs in November 2006 or have been subject to such sweep programs since November 30, 2006.

Core Deposits means the sum of demand deposits, NOW deposits, money market demand accounts and savings accounts at the Bank.

Core Deposits means all Deposits, excluding certificates of deposit of $100,000 or more.

Core Deposits means all non-brokered deposits and all time deposits under $100,000 of

Core Deposits means the sum of the following items in Schedule RC-E in FFIEC 051 Call Report (or such successor items as may be reflected on updates to such report form) (i) Deposit or Deposits of Persons classified in Transaction Accounts (item 1, column A, RCONB549); and

Core Deposits means all Deposit Liabilities excluding all brokered certificates of deposit (including those obtained through listing services) and all inter-company accounts (i.e., cashier’s checks, money orders, accounts payable, etc.).

Core Deposits means all deposit liabilities of the Company Bank as defined in 12 U.S.C. 1831(l)(i) as of such date, excluding deposits set forth on Section 7.02(g) of the Company Disclosure Schedule, any brokered deposits for purposes of Xxxxxxx 00 X.X.X. 0000(x)(x) and any certificates of deposit in excess of $250,000. The Company Bank shall have no brokered deposits at Closing.