Gain on Sale of Loans definition

Gain on Sale of Loans means the total gain recognized on loans sold through whole loan transactions or through securitizations, net of premiums paid to acquire such loans and net of expenses associated with the sale of such loans, as reported in the Company's quarterly and/or annual financial statements.
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Gain on Sale of Loans means the total gain recognized on loans sold through whole loan transactions or through securitizations, net of premiums paid to acquire such loans and net of expenses associated with the sale of such loans.
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Gain on Sale of Loans means, for any Fiscal Quarter, --------------------- that portion of consolidated revenues of the Company and its Subsidiaries for such Fiscal Quarter constituting gain on the sale of loans determined on a consolidated basis in accordance with generally accepted accounting principles. The term "generally accepted accounting principles" shall mean, as ------------------------------------------ of the date of any determination with respect thereto, generally accepted accounting principles as used by the Financial Accounting Standards Board and/or the American Institute of Certified Public Accountants.
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Examples of Gain on Sale of Loans in a sentence

  • Assets 12.5% Total Capital Ratio 10.6% Tier 1 Capital Ratio $24.8 mln in Net Income $5.2 mln in Gain on Sale of Loans 1.63% ROAA 18.8% ROAE 5.64% Net Interest Margin 46.2% Efficiency Ratio 0.75% NPAs / Assets ($13.2 mln) 0.08% NCO’s / Avg.

  • PROVIDENT FINANCIAL HOLDINGSREPORTS FIRST QUARTER RESULTS Capital Ratios Improve from June 30, 2009 (Sequential Quarter) and Remain Significantly Above “Well-Capitalized” Regulatory Thresholds Core Deposits (Transaction Accounts) Increase by 15%(Increase by 27% Sequential Quarter, Annualized) Loans Originated For Sale Increase by 196% Significant Increase in Gain on Sale of Loans Riverside, Calif.

  • The Company will not at any ------------------------------------- time permit the aggregate amount of consolidated revenues of the Company and its Subsidiaries constituting Gain on Sale of Loans for the period of four consecutive Fiscal Quarters then most recently ended to exceed 45% of consolidated revenues of the Company and its Subsidiaries for such period.

  • The Company recognizes a Gain on Sale of Loans equal to the difference between the sales proceeds for the Finance Receivables sold and the Company's recorded investment in the Finance Receivables sold.

  • LOGO APPEARS HERE] SLIDE 26 Mortgage Banking Operation (Millions) Year Ended Quarter Ended 2001 March 2002 ------ ---------- Gain on Sale of Loans $ 8.7 $2.3 Loans Sold $1,020 $365 [MAF BANCORP, INC.

  • The Company recorded Gain on Sale of Loans of $3.8 million (5.5% of principal sold) and $7.7 million (7.4% of principal sold), net of expenses related to securitization transactions during the three months ended September 30, 1998 and 1997, respectively.

  • Assets 12.7% Total Capital Ratio 10.7% Tier 1 Capital Ratio $24.6 mln in Net Income (LTM) $5.1 mln in Gain on Sale of Loans (LTM) 1.80% ROAA (LTM) 20.1% ROAE (LTM) 5.83% Net Interest Margin 42.9% Efficiency Ratio $945,000 in NPA’s .01% NCO’s / Avg.

  • PROVIDENT FINANCIAL HOLDINGSREPORTS FOURTH QUARTER EARNINGS Net Interest Margin Expands by 12 Basis Points (Sequential Quarter) Loans Originated For Sale Increase by 441% Significant Increase in Gain on Sale of Loans Capital Ratios Remain Significantly Above “Well-Capitalized” Regulatory Thresholds Riverside, Calif.

  • The increase in this ratio was primarily due to an increase in historical loss rates due to the aforementioned charge-off.Noninterest IncomeThe following table presents the components of noninterest income for the periods indicated: Gain on Sale of Loans.

  • PROVIDENT FINANCIAL HOLDINGS REPORTSFIRST QUARTER OF FISCAL 2011 EARNINGS Net Income Increases 42% (Sequential Quarter) Gain on Sale of Loans Increases 108% (Sequential Quarter) Core Deposits (Transaction Accounts) Increase by 22% Net Interest Margin Expands 26 Basis Points Non-Performing Assets Stabilize at Lower Level Riverside, Calif.


More Definitions of Gain on Sale of Loans

Gain on Sale of Loans means the total gain ---------------------
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Related to Gain on Sale of Loans

  • Total Utilization of Revolving Loan Commitments means, as at any date of determination, the sum of (i) the aggregate principal amount of all outstanding Revolving Loans (other than Revolving Loans made for the purpose of repaying any Refunded Swing Line Loans or reimbursing the applicable Issuing Lender for any amount drawn under any Letter of Credit but not yet so applied) plus (ii) the aggregate principal amount of all outstanding Swing Line Loans plus (iii) the Letter of Credit Usage.

  • Delayed Draw Term Loans has the meaning as set forth in Section 2.5(a).

  • ABR Revolving Facility Borrowing means a Borrowing comprised of ABR Revolving Loans.

  • Tranche B Term Loans means the Loans made by Lenders to Company pursuant to subsection 2.1A(ii).

  • Total Utilization of Revolving Commitments means, as at any date of determination, the sum of (i) the aggregate principal amount of all outstanding Revolving Loans (other than Revolving Loans made for the purpose of repaying any Refunded Swing Line Loans or reimbursing Issuing Bank for any amount drawn under any Letter of Credit, but not yet so applied), (ii) the aggregate principal amount of all outstanding Swing Line Loans, and (iii) the Letter of Credit Usage.

  • Eurocurrency Revolving Facility Borrowing means a Borrowing comprised of Eurocurrency Revolving Loans.

  • Revolving Facility Borrowing means a Borrowing comprised of Revolving Facility Loans.

  • Delayed Draw Term Loan has the meaning specified in Section 2.01(b).

  • Credit Available for Virtual Transactions means the Market Participant’s Working Credit Limit for Virtual Transactions calculated on its credit provided in compliance with its Peak Market Activity requirement plus available credit submitted above that amount, less any unpaid billed and unbilled amounts owed to PJMSettlement, plus any unpaid unbilled amounts owed by PJMSettlement to the Market Participant, less any applicable credit required for Minimum Participation Requirements, FTRs, RPM activity, or other credit requirement determinants as defined in Tariff, Attachment Q.

  • Eurodollar Revolving Borrowing means a Borrowing comprised of Eurodollar Revolving Loans.

  • Total Borrowings means, in respect of the Corporation on a consolidated basis, as of a given date, the aggregate of the following, without duplication:

  • Specified Existing Revolving Credit Commitment shall have the meaning provided in Section 2.14(g)(ii).

  • Total Revolving Extensions of Credit at any time, the aggregate amount of the Revolving Extensions of Credit of the Revolving Lenders outstanding at such time.

  • Delayed Draw Term Loan Commitment means the Lender’s obligation to make the Delayed Draw Term Loan to the Borrower pursuant to Section 2.01(a), as such amount may be adjusted from time to time in accordance with this Agreement.

  • Term Loans means, collectively, the Tranche A Term Loans and the Tranche B Term Loans.

  • Term B Borrowing means a borrowing consisting of simultaneous Term B Advances of the same Type made by the Term B Lenders.

  • Term A Borrowing means a borrowing consisting of simultaneous Term A Advances of the same Type made by the Term A Lenders.

  • Delayed Draw Term Loan Commitment Termination Date means the earliest to occur of (i) December 31, 2008, (ii) the date the Delayed Draw Term Loan Commitments are permanently reduced to zero pursuant to Section 2.1, and (iii) the date of the termination of the Delayed Draw Term Loan Commitments pursuant to Section 11.1.

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

  • Subsequent Borrowings has the meaning assigned to such term in Section 2.19.

  • New Term Loans as defined in Section 2.24.

  • Initial Revolving Borrowing means one or more borrowings of Revolving Credit Loans or issuances or deemed issuances of Letters of Credit on the Closing Date as specified in the definition of the term “Permitted Initial Revolving Borrowing.”

  • Borrowing Limit has the meaning set forth in Section 1.1(a)(i).

  • securities lending transactions means transactions whereby a Sub-Fund lends its Securities to a security-borrowing counterparty for an agreed fee.

  • Specified Existing Tranche as defined in Subsection 2.10(a)(ii).

  • Notice of Revolving Borrowing shall have the meaning as set forth in Section 2.3.