Peoples Financial Statements means (i) the consolidated balance sheets (including related notes and schedules) of Peoples as of March 31, 2007 (unaudited) and December 31, 2006 (audited), and the related statements of income, changes in shareholders’ equity, and cash flows (including related notes and schedules) for the three (3) months ended March 31, 2007 (unaudited) and the year ended December 31, 2006 (audited), as delivered by Peoples to BancTrust, and (ii) the consolidated balance sheets of Peoples (including related notes and schedules, if any) and related statements of income, changes in shareholders’ equity, and cash flows (including related notes and schedules, if any) delivered by Peoples to BancTrust with respect to periods ending subsequent to March 31, 2007.

Peoples Financial Statements means

Peoples Financial Statements means (i) the unaudited balance sheet and income statement of Peoples as of September 30, 1996 and the audited balance sheets as of December 31, 1995 and 1994 and the related statements of cash flows and changes in shareholders' equity (including related notes, if any) and the income statements for each of the three years ended December 31, 1995, 1994 and 1993 and (ii) the balance sheets of Peoples and related statements of income (including statements of cash flows and changes in shareholders' equity and related notes, if any) with respect to quarterly or annual periods ended subsequent to September 30, 1996; except that financial statements as of, or for the nine months ended, September 30, 1996 are contained in a revised Call Report to be filed in November or December, 1996, and have been prepared in accordance with generally accepted accounting principles in all material respects, except that such financial statements do not contain statements of cash flows or changes in shareholders' equity or footnotes and are subject to normal year-end adjustments.

Examples of Peoples Financial Statements in a sentence

Peoples has no liability (contingent or otherwise) that is material to Peoples, or that, when combined with all similar liabilities, would be material to Peoples, except as disclosed in the Peoples Financial Statements as of the date of this Reorganization Agreement or as Previously Disclosed.
The allowance for loan losses reflected on the Peoples Financial Statements, as of their respective dates, is adequate in all material respects under the requirements of generally accepted accounting principles to provide for reasonably anticipated losses on outstanding loans.
Since December 31, 1995, Peoples has neither incurred nor paid any obligation or liability that would be material to Peoples, except obligations incurred or paid in connection with transactions in the ordinary course of business of Peoples consistent with its past practices or except as Previously Disclosed or reflected in the Peoples Financial Statements.

More Definitions of Peoples Financial Statements

Peoples Financial Statements means (i) the consolidated statements of condition (including related notes and schedules, if any) of Peoples as of June 30, 1999, 1998 and 1997 and the consolidated statements of income, retained income and cash flows (including related notes and schedules, if any) of Peoples for each of the three years ended June 30, 1999, 1998 and 1997, and (ii) the consolidated statements of condition of Peoples (including related notes and schedules, if any) and the consolidated statements of income, retained income and cash flows (including related notes and schedules, if any) of Peoples with respect to the periods ended subsequent to June 30, 1999.

Related to Peoples Financial Statements

Annual Financial Statements has the meaning set forth in Section 3.06.
Statutory Financial Statements means, with respect to any Party, the annual and quarterly statutory financial statements of such Party filed with the Governmental Authority charged with supervision of insurance companies in the jurisdiction of domicile of such Party to the extent such Party is required by Applicable Law to prepare and file such financial statements.
Historical Financial Statements means as of the Closing Date, (a) the audited consolidated balance sheets and related statements of income and cash flows of the Borrower for the Fiscal Years ended December 31, 2019 and December 31, 2020 and (b) the unaudited consolidated balance sheets and related statements of income and cash flows of Holdings for each fiscal quarter (other than the fourth fiscal quarter) ended after the most recent fiscal year of Holdings and at least forty-five (45) days prior to the Closing Date.
Initial Financial Statements means, collectively, (a) the audited annual consolidated financial statements of the Borrower dated as of December 31, 2014 and (b) the unaudited quarterly consolidated financial statements of the Borrower dated as of September 30, 2015.
Interim Financial Statements has the meaning set forth in Section 3.06.
Company Financial Statements has the meaning set forth in Section 3.6(a).
Parent Financial Statements has the meaning set forth in Section 4.6(a).
Seller Financial Statements has the meaning set forth in Section 3.5(a).
Target Financial Statements has the meaning set forth in Section 3.4(a).
Buyer Financial Statements has the meaning set forth in Section 4.7.
Audited Financial Statements means the audited consolidated balance sheet of the Borrower and its Subsidiaries for the fiscal year ended December 31, 2017, and the related consolidated statements of income or operations, shareholders’ equity and cash flows for such fiscal year of the Borrower and its Subsidiaries, including the notes thereto.
Year-End Financial Statements has the meaning specified in Section 4.5.
Original Financial Statements means the audited consolidated financial statements of the Company for the year ended 31 December 2012.
Unaudited Financial Statements has the meaning set forth in Section 3.4(a).
Closing Financial Statements has the meaning set forth in Section 6.22.
Purchaser Financial Statements shall have the meaning specified in Section 4.8.1.
Monthly Financial Statements is defined in Section 6.2(c).
Company Audited Financial Statements has the meaning set forth in Section 3.11.
Company Interim Financial Statements has the meaning specified in Section 4.08(a).
Financial Statements has the meaning set forth in Section 3.06.
Quarterly Financial Statements is defined in Section 6.2(a).
Annual Financial Statement is defined in Section 10.1(a).
Borrower Financial Statements has the meaning assigned to such term in Section 4.4(a).
Consolidated Financial Statements means, with respect to any Person, collectively, the consolidated financial statements and notes to those financial statements, of that Person and its Consolidated Subsidiaries prepared in accordance with GAAP.
Pro Forma Financial Statements shall have the meaning set forth in Section 5.5(b) hereof.
Required Financial Statements has the meaning assigned to such term in Section 5.04(2).

Peoples Financial Statements definition

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