Net worth ratio definition
Net worth ratio means the ratio of net worth of the credit union to the total assets of the credit union.
Net worth ratio means the ratio, expressed as a percent- age, the numerator of which is the result of subtracting the savings bank’s liabilities from its assets and adding to that number unallo- cated, general loan loss reserves, but not loss reserves for specific, identified losses, and the denominator of which is the savings bank’s assets.
Net worth ratio means the ratio of (i) outstanding Indebtedness of the --------------- Borrower and its Subsidiaries including outstanding standby letters of credit less outstanding borrowings which are secured by said letters of credit on a consolidated basis, less subordinated debt, to (ii) Consolidated Tangible Net Worth plus subordinated debt and shall be expressed as a ratio, so that, for example, if the amount of such Indebtedness is twice the amount of Consolidated Tangible Net Worth, then the Net Worth Ratio is 2 to 1.
More Definitions of Net worth ratio
Net worth ratio means the ratio, expressed as a percent- age, the numerator of which is the result of subtracting the associa- tion’s liabilities from its assets and adding to that number unallo- cated, general loan loss reserves (but not loss reserves for specific, identified losses) and the denominator of which is the associa- tion’s assets.
Net worth ratio means the ratio of Borrower’s Total Debt to Borrower’s Tangible Net Worth.
Net worth ratio means, as of any date, the ratio of Debt to Tangible Net Worth.
Net worth ratio. Borrower shall maintain a ratio of total liabilities to tangible net worth of not more than 1.25 to 1.0.
Net worth ratio means with respect to RCC, on a Consolidated basis, determined in accordance with GAAP, the ratio of Debt of RCC and its Subsidiaries (excluding Subordinated Debt) to the sum of the Net Worth of RCC and the amount of Subordinated Debt.
Net worth ratio means the sum of the undivided earnings, the regular reserve, and other reserves, excluding the allowance for loan and lease loss account and excluding the investment valuation reserve account, divided by the total assets of the credit union ratio of net worth of the credit union to the total assets of the credit union.
Net worth ratio means the ratio of the net worth of a credit union to its total assets as defined in 12 C.F.R. part 702 of the National Credit Union Administration Rules and Regulations, in effect as of April 13, 2007 . Incorporation by reference of this federal rule does not include amendments to this rule made after April 13, 2007 . The title and address of the division employee responsible for providing information regarding how the incorporated material may be obtained or examined is as follows: Commissioner, Division of Financial Services, 1560 Broadway, Suite 950 , Denver, Colorado 80202. Any material that has been incorporated by reference in this rule may be examined at any state publications depository library.