FHLB Advances definition

FHLB Advances means all borrowings of HRB Bank from the Federal Home Loan Bank of Des Moines.
FHLB Advances means the borrowings of Seller from the FHLB set forth on Section 5.8(b) of the Seller Disclosure Schedule. “Final Allocation Statement” has the meaning set forth in Section 3.9(a). “Final Closing Statement” means a final closing statement, prepared by Seller in accordance with the accounting policies used in preparing the Draft Closing Statement, on or before the thirtieth (30th) calendar day following the Closing Date setting forth both the Purchase Price, the Adjusted Payment Amount and the prorated Items of proration set forth in Section 3.4, all determined and calculated as of the actual Closing Date. “GAAP” has the meaning set forth in Section 1.2. “Hazardous Substance” means any substance, whether liquid, solid or gas (a) listed, identified or designated as hazardous or toxic; (b) which, applying criteria specified in any Environmental Law, is hazardous or toxic; or (c) the use or disposal, or any manner or aspect of management or handling, of which is regulated under Environmental Law. “HELOC Account” means any home equity line of credit account at a Branch in respect of which credits available therein are withdrawable in practice upon demand or upon which third party drafts may be drawn by the borrower. “Infrastructure Installation” has the meaning set forth in Section 4.10. “Initial Closing” and “Initial Closing Date” refer to the closing of the purchase and sale of the Initial Closing Assets and the Initial Closing Assumed Liabilities, which is to be held on such date as provided in Article 3 and which shall be deemed to be effective at 11:59 p.m., Central time, on such date. “Initial Closing Assets” has the meaning set forth in Section 2.1(a). “Initial Closing Assumed Liabilities” has the meaning set forth in Section 2.2(a). “Initial Closing Loans” means the Loans reflected on Exhibit 1.1(d)(ii) as of the Initial Closing Date. “Initial Closing Purchase Price” has the meaning set forth in Section 2.4(a). “Installation Plans” has the meaning set forth in Section 4.10(iv).
FHLB Advances means First Landmark Bank’s advances and related letters of credit from the FHLB.

Examples of FHLB Advances in a sentence

  • FHLB Advances - The fair value of the Bank's fixed rate borrowings are ------------- estimated using discounted cash flows, based on Bank's current incremental borrowing rates for similar types of borrowing arrangements.

  • Adjusted earnings, adjusted return on average assets, adjusted EPS, and adjusted return on average equity are non-GAAP measures and exclude the gains or losses on sales of securities, FHLB Advances prepayment penalty, initial provision for credit losses on non-PCD loans and unfunded commitments, income tax benefit related to the carryback of tax losses under the CARES Act, swap termination expense, extinguishment of debt cost and merger and branch consolidation related expense.

  • FHLB Advances ------------- The fair value of FHLB advances is estimated based on rates currently available to the Bank for debt with similar terms.

  • The decrease in FHLB Advances was primarily attributable to repayments based on the fixed payment schedule.

  • FHLB Advances - The fair value of the Bank's fixed rate borrowings are -------------- estimated using discounted cash flows, based on Bank's current incremental borrowing rates for similar types of borrowing arrangements.

  • FHLB Advances: The fair value of these borrowings are estimated using a discounted cash flow calculation, based on current FHLB advance rates for periods comparable to the remaining terms to maturity of these advances.

  • FHLB Advances ------------- The fair value of the FHLB fixed rate borrowings are estimated using discounted cash flows, based on the current incremental borrowing rates for similar types of borrowing arrangements.

  • The average cost of funds for the period is calculated by dividing repurchase agreement and FHLBC Advance interest expense by average repurchase agreements and FHLB Advances for the period.

  • FHLB Advances The fair value was estimated by discounting scheduled cash flows through maturity using current market rates.

  • FHLB Advances and Other Borrowings ---------------------------------- The fair value of fixed rate advances are estimated using discounted cash flows, based on current incremental borrowing rates for similar types of borrowing arrangements.


More Definitions of FHLB Advances

FHLB Advances means the borrowings of Seller from the FHLB set forth on Section 5.8(b) of the Seller Disclosure Schedule.
FHLB Advances means all borrowings of MBank from the Federal Home Loan Bank of Des Moines.
FHLB Advances has the meaning set forth in Section 2(b).

Related to FHLB Advances

  • Revolving Advances means Advances made other than Letters of Credit.

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Cash Advances These are from cash advances and cash equivalent transactions you make with your account. “Special Offers” These are from your use of the account to take advantage of special, introductory, or promotional offers we make available to you at times. Each such transaction may be kept track of separately on your statement and may be treated as its own Balance Category.

  • Outstanding Advances means, with respect to a Receivable and the last day of a Collection Period, the sum of all Advances made as of or prior to such date, minus (1) all payments or collections as of or prior to such date which are specified in Section 4.04(b) and (c) as applied to reimburse all unpaid Advances with respect to such Receivable and (2) all amounts for which the Servicer has deemed to have released all claims for reimbursement of Outstanding Advances pursuant to Section 3.08.

  • Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.

  • Revolving Credit Advances has the meaning assigned to such term in Section 2.1.

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

  • Fixed Rate Advances has the meaning specified in Section 2.03(a)(i).

  • Management Advances means loans or advances made to, or Guarantees with respect to loans or advances made to, directors, officers, employees or consultants of any Parent, the Company or any Restricted Subsidiary:

  • Term Loan as defined in Section 2.1.

  • LIBO Rate Advances has the meaning specified in Section 2.03(a)(i).

  • U.S. Revolving Loans has the meaning set forth in Section 2.1(a).

  • Revolving Loan Account has the meaning described in Section 2.1.9 (Revolving Loan Account).

  • Committed Loans means loans made pursuant to Section 2.1(a).

  • Refinanced Loans has the meaning specified in Section 10.01.

  • New Revolving Loans as defined in Section 2.25.

  • Revolving Loan Notes means the promissory notes of the Borrower provided pursuant to Section 2.1(e) in favor of any of the Revolving Lenders evidencing the Revolving Loan provided by any such Revolving Lender pursuant to Section 2.1(a), individually or collectively, as appropriate, as such promissory notes may be amended, modified, extended, restated, replaced, or supplemented from time to time.

  • Failed Bank Advances means the total sums paid by the Failed Bank to (i) protect its lien position, (ii) pay ad valorem taxes and hazard insurance, and (iii) pay credit life insurance, accident and health insurance, and vendor's single interest insurance.

  • Replacement Revolving Loans shall have the meaning assigned to such term in Section 2.21(l).

  • Agent Advances has the meaning set forth in Section 2.3(e)(i).

  • Committed Advance means an advance made by a Lender to a Borrower as part of a Committed Borrowing and refers to a Base Rate Advance or a Eurodollar Rate Committed Advance, each of which is a “Type” of Committed Advance.

  • Revolving Loans shall have the meaning assigned to such term in Section 2.1(a).

  • Revolving Advance has the meaning given in Section 2.1.

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).