Peer Banks definition

Peer Banks means, for each three year measurement period, the component companies included in the SNL Mid Cap Bank Index during the entire measurement period, or if the SNL Mid Cap Bank Index is no longer maintained or is no longer appropriate, in the reasonable judgment of the Committee, the Peer Banks shall instead be the companies included in any other reasonably comparable index prepared by a third party or the Committee of publicly-traded financial companies with market capitalizations in the $1.0 billion to $5.0 billion range, or such other range of market capitalizations such that Employer falls between the 25th and 75th percentile in terms of size of market capitalization.
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Peer Banks means, for each three year measurement period, the component companies included in the KBW Bank Index during the entire measurement period, or if the KBW Bank Index is no longer maintained or is no longer appropriate, in the reasonable judgment of the Committee, the Peer Banks shall instead be the companies included in any other reasonably comparable index prepared by a third party or the Committee of publicly-traded financial companies with market capitalizations in the $1.0 billion to $5.0 billion range, or such other range of market capitalizations such that Employer falls between the 25th and 75th percentile in terms of size of market capitalization.
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Peer Banks means the component companies ranked as the 11th through 50th of the largest banks in the SNL Bank Index (but excluding Company) as measured by assets based on the most recently available public data as of the first day of the Performance Period or if the SNL Bank Index is no longer maintained or is no longer appropriate, in the reasonable judgment of the Committee, the Peer Banks listed in any other reasonably comparable index prepared by a third party or the Committee of publicly-traded financial companies such that Company falls between the 25th and 75th percentile in terms of size of market capitalization and/or assets.
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Examples of Peer Banks in a sentence

  • For example, if ROAE for the Performance Period is at the 40th Percentile of ROAE compared to Peer Banks (the mid-point between threshold and target performance) then 75% (the mid-point between the Threshold Goal and Target Goal vesting percentages) of the Target ROAE PRSUs will vest.

  • CRA Performance of Peer Banks: As previously indicated, the competition for CD investments in the AA is strong (See Section IV.

  • Performance Shares are earned based on UNBC's financial performance results relative to the Peer Banks during the respective Performance Cycle, stated as a percentile ranking where 100% represents the best performing Peer and 0% represents the worst performing Peer.

  • Banking performance (Q4-15 )Arkansas8th DistrictUS Peer Banks Return on average assets1.261.051.11Net interest margin4.253.783.81Nonperforming loans / total loans1.131.041.07Loan loss reserve coverage ratio110.62120.19122.43Note: All values are percentage points.

  • For the purpose, the Regional Managers are authorised to nominate such independent expert from retired executives of other Public sector Banks/SBI and its subsidiaries, preferably from Peer Banks such as BOI, UBI, PNB, OBC, Canara Bank.

  • CMA FHN KEY RF MTB HBAN STI BOKF FITB BBT 3 Months or Less Greater Than 3 Months Faster Re-pricing or Maturity Date4 3.00 3.50 4.00 4.50 5.00 Q1 2011 Q2 2011 Q3 2011 Q4 2011 Q1 2012 Average of Peer Banks CMA Loan Yield Differential Narrows (%)1 Source: SNL Financial.

  • To optimize retention of a highly competent executive management group by providing Participants short-term incentive compensation, which, when combined with base salary, long-term incentive compensation, and benefits, is fully competitive with other Peer Banks.

  • The Units will vest and become nonforfeitable on Vesting Date, based on the Corporation’s composite percentile ranking in TSR and XXX within a group of Peer Banks over the Performance Cycle, as described below, and provided that Grantee is employed by the Corporation or any of its Affiliates on the Vesting Date or has incurred a prior termination of employment due to death, Disability, Retirement or involuntary severance without Cause.

  • Banking performance (Q1-14 )Arkansas8th DistrictUS Peer Banks Return on average assets1.20Note: All values are percentage points.

  • Banking performance (Q4-13 )Kentucky Indiana8th DistrictUS Peer Banks Return on average assets0.88Note: Values are percentage points.


More Definitions of Peer Banks

Peer Banks means, for each three-year measurement period, the component companies ranked as the 11th through 50th of the largest banks in the SNL Bank Index (but excluding Employer) as measured by assets based on the most recently available public data as of the first day of the measurement period, or if the SNL Bank Index is no longer maintained or is no longer appropriate, in the reasonable judgment of the Committee, the Peer Banks shall instead be the companies included in any other reasonably comparable index prepared by a third party or the Committee of publicly-traded financial companies such that Employer falls between the 25th and 75th percentile in terms of size of market capitalization and/or assets.
Sample 1
Peer Banks has the meaning provided in Section 7(b)(ii) above. “TSR” shall be determined for a company, including the Parent Corporation and each of the Peer Banks, as follows:
Sample 1
Peer Banks means the component companies ranked as the 11th through 50th of the largest banks in the SNL Bank Index (but excluding the Company) as measured by assets based on the most recently available public data as of the first day of the Performance Period or if the SNL Bank Index is no longer maintained or is no longer appropriate, in the reasonable judgment of the Committee, the Peer Banks listed in any other reasonably comparable index prepared by a third party or the Committee of publicly-traded financial companies such that the Company falls between the 25th and 75th percentile in terms of size of market capitalization and/or assets. If on the last day of the Performance Period, a Peer Bank would not otherwise qualify as a “Peer Bank” if the component companies were determined on the last day of the Performance Period, such Peer Bank shall be disregarded and shall not be replaced.
Sample 1
Peer Banks means the component companies included in the KBW Regional Bank Index as of the last day of the measurement period or if the KBW Regional Bank Index is no longer maintained the last published report of the KBW Regional Bank Index.
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Related to Peer Banks

  • Employer / Bank means State Bank of India having its Head Office at Ground Floor, Raheja Chambers, Free Press Journal Marg, Nariman Point, Mumbai and State Bank of India, Corporate Centre, Nariman Point, Mumbai, respectively.

  • Bank Board means the Board of Directors of the Bank.

  • Local board means a school board, public utility, commission, transportation commission, public library board, board of park management, local board of health, board of commissioners of police, planning board, or any other board, commission, committee, body or local authority established or exercising any power or authority under any general or special Act with respect to any of the affairs or purposes, including school purposes, of the municipality or any part or parts thereof;

  • HCBS means home- and community-based services.

  • School board means the governing board of directors of the local school district.

  • Member bank means a national bank, state bank, or trust company which is a member of the United States federal reserve system.

  • Banks shall include the Agent in its individual capacity.

  • New Corporate Governance Documents means the certificate of incorporation, certificate of formation, bylaws, limited liability company agreements, shareholder agreement (if any), operating agreement or other similar organizational or formation documents, as applicable, of the Reorganized Debtors, each of which shall be acceptable to the Debtors, the Requisite Consenting Creditors, and the Equity Committee (subject to the parties’ rights and obligations under the RSA).

  • Corporate governance annual disclosure means a report an insurer or insurance group files in accordance with the requirements of Chapter 16b, Corporate Governance Annual Disclosure Act.

  • Local Office Time means regular working hours (8.00 a.m. to 6.00 p.m.) during regular working days, in accordance with the applicable public holidays observed by SAP’s registered office. With regard to SAP Enterprise Support only, both parties can mutually agree upon a different registered office of one of SAP’s affiliates to apply and serve as reference for the Local Office Time.

  • Senior Officers means the Chief Executive Officer, the Chief Financial Officer or the General Counsel of the Company.

  • Business Travel Policy means our business travel policy. A copy of our current Business Travel Policy is attached as Schedule 1 to Exhibit B.

  • Homeless children and youths means individuals who lack a fixed, regular, and adequate nighttime residence. This includes children and youth who are sharing the housing of other persons due to loss of housing, economic hardship or a similar reason, living in motels, parks or campgrounds; or children or youth who have a primary nighttime residence that is a public or private place not designed for or ordinarily used as a sleeping accommodation by human beings; or children or youth living in cars, abandoned buildings or substandard housing or similar situations; or migratory children because they are living in circumstances like those described above. “Substandard housing” may be determined by considering factors such as whether the setting in which the child or youth is living lacks water, electricity or heat; is infested with vermin or mold; lacks a working kitchen or toilet, or presents unreasonable dangers to adults, children or persons with disabilities. Cities, counties and states have varying housing codes that further define housing deemed substandard by law.

  • Companies means Borrower and its Subsidiaries; and “Company” shall mean any one of them.

  • Policyholders surplus” means an insurer’s net worth, the difference between its assets and liabilities, as reported in its annual statement.

  • Tier 1 Wire Centers means those CenturyLink Wire Centers that contain at least four (4) Fiber- based Collocators, at least thirty-eight thousand (38,000) Business Lines, or both. Tier 1 Wire Centers also are those CenturyLink tandem switching locations that have no line-side switching facilities, but nevertheless serve as a point of traffic aggregation accessible by CLEC. Once a Wire Center is determined to be a Tier 1 Wire Center, that Wire Center is not subject to later reclassification as a Tier 2 or Tier 3 Wire Center.

  • Travel Advisory or Travel Warning means U.S. State Department communication advising caution in traveling to specified destinations due to reasons such as armed violence, civil or political unrest, high incidence of crime (specially kidnapping and/or murder), natural disaster or outbreak of one or more contagious diseases.

  • Our The company obligated under this Agreement is 4warranty Corporation, 00000 Xxxxxxxx Xxxx Xxxx., Xxxx. 000, Xxxxx 000, Xxxxxxxxxxxx Xxxxxxx 00000 (800) 867-2216), in all states except in Florida and Oklahoma where it is XXXXXX SOUTHERN INSURANCE COMPANY, 00000 Xxxxxxxx Xxxx Xxxx., Xxxx. 000, Xxxxx 000, Xxxxxxxxxxxx, XX 00000 (800) 888-2738, Florida License No. 03698 and Oklahoma License No. 864264, and in Wisconsin where it is The Service Doc Inc., 00000 Xxxxxxxx Xxxx Xxxx., Xxxx. 000, Xxxxx 000, Xxxxxxxxxxxx, XX 00000 (800) 888-2738.

  • Procurement Policy Board or “PPB” shall mean the board established pursuant to Charter § 311 whose function is to establish comprehensive and consistent procurement policies and rules which have broad application throughout the City.

  • Continuing political committee means a political committee

  • Medical Board means the board of physicians as provided by this chapter.

  • Regional Board means a California regional water quality control board.

  • Nominating and Corporate Governance Committee means the nominating and corporate governance committee of the board of directors of the Company established pursuant to the Articles, or any successor committee.

  • The Bank means the Bank of India;

  • Consensus Policies are those policies established (1) pursuant to the procedure set forth in ICANN’s Bylaws and due process, and (2) covering those topics listed in Section 1.2 of this Specification. The Consensus Policy development process and procedure set forth in ICANN’s Bylaws may be revised from time to time in accordance with the process set forth therein.

  • Health Board means a Health Board established under section 2 of the National Health Service (Scotland) Act 1978;