Efficiency Ratio definition

Efficiency Ratio means the Company’s efficiency ratio, calculated by dividing non-interest expense less amortization of core deposit intangibles by the sum of net interest income on a tax equivalent basis and non-interest income.

Efficiency Ratio means, as of the end of each fiscal quarter, the ratio of (x) net interest income (excluding acceleration of interest expense associated with the termination of collateral debt obligations and collateral loan obligations) plus all agency business revenues, excluding amortization of mortgage servicing rights to (y) operating expenses (consisting of employee compensation expense, selling and administrative expense and management fee expense, but excluding the expense related to stock based compensation). Efficiency Ratio shall exclude income, expenses and depreciation and any gain or loss on sale of owned real estate.

Efficiency Ratio. (“ER”) means, in the context of determining an IPC, CFF’s consolidated noninterest expense for the Performance Year divided by CFF’s consolidated net interest and dividend income and noninterest income for the Performance Year.

Examples of Efficiency Ratio in a sentence

• Energy Efficiency Ratio) operational compatibility: If we elect to replace an air conditioning condenser or heat pump unit, and it becomes necessary to make a mechanical modification to the evaporator coil in order to provide operational compatibility, we agree to pay the covered costs for one (1) of the following (determination is at our sole discretion) only: expansion metering device, or coil, or air handler.

• The following table reflects the current Energy Star qualifying standards for heating and cooling equipment: EquipmentHSPF = Heating Seasonal Performance Factor, SEER = Seasonal Energy Efficiency Ratio, EER = Energy Efficiency Ratio (cooling only) All electric lighting fixtures, both interior and exterior, must be fitted with energy efficient Compact Fluorescent Lights (CFL) or Light Emitting Diode (LED) bulbs.

• For purposes of determining liquidated damages under the preceding formula, the amount by which the BOP Efficiency Ratio for the Contract Year in question falls below the applicable threshold shall be rounded to the nearest one-tenth of one percent (0.001).

• Following the end of each Contract Year, Company shall calculate the BOP Efficiency Ratio for such Contract Year as follows: BOP Efficiency Ratio = Actual Output (at POI) for such Contract Year Actual Generation at WTGs for such Contract Year Determination of BOP Benchmark.

• The BOP Efficiency Ratio represents the efficiency of the BOP by comparing the measured Actual Generation at the WTGs to the Actual Output at the Point of Interconnection.

More Definitions of Efficiency Ratio

Efficiency Ratio means operating expenses divided by the sum of net interest income and non-interest income as such items are reported in the statement of operations included in the Company’s annual report on form 10-K.

Efficiency Ratio means the ratio of noninterest expense to the sum of net interest income and noninterest income (excluding goodwill amortization). Noninterest expense, net interest income and noninterest income should each agree to such items as reported in the Company's audited consolidated statement of income (as included in the Company's Form 10-K filed pursuant to the 1934 Act) for the period being measured, except that the Committee may, in its sole discretion, elect to exclude any or all of the following non-recurring items:

Efficiency Ratio. ("ER") means, in the context of determining an IPC, CFF's consolidated noninterest expense for the Performance Year divided by CFF's consolidated net interest and dividend income and noninterest income for the Performance Year.

Efficiency Ratio means the ratio of the Employer's non-interest ---------------- expense to the sum of its net interest income and non-interest income.

Efficiency Ratio. The efficiency ratio shall mean the efficiency ratio published quarterly by SNL Securities.

Efficiency Ratio means the ratio of expense to revenue as reported in the Company’s annual report to shareholders on Form 10-K.

Efficiency Ratio means the Bank’s expenses for the year, divided by its net revenues, with latter defined as its operating income less its provision for loan losses.