Allowance for Loan and Lease Losses. (1) The Board shall immediately require and the Bank shall implement and thereafter adhere to a program for the maintenance of an adequate Allowance for Loan and Lease Losses ("ALLL"). The program shall be consistent with the comments on maintaining a proper ALLL found in the Interagency Policy Statement on the ALLL contained in OCC Bulletin 2006-47 (December 13, 2006) and with "Allowance for Loan and Lease Losses," booklet A-ALLL of the Comptroller's Handbook, and shall incorporate the following:
Appears in 2 contracts
Samples: Agreement by And, www.occ.gov
Allowance for Loan and Lease Losses. (1) The Board shall immediately require and the Bank shall implement and thereafter adhere to maintain a program for the maintenance of an adequate Allowance for Loan and Lease Losses ("ALLL"). The program shall be consistent with ) that is designed in light of the comments on maintaining a proper ALLL found in the FFIEC Interagency Policy Statement on the ALLL contained in OCC Bulletin 2006-47 (dated December 13, 2006) , and with the "Allowance for Loan and Lease Losses," booklet A-ALLL of the Comptroller's Handbook, and shall incorporate address the following:
Appears in 1 contract
Samples: occ.gov
Allowance for Loan and Lease Losses. (1) The Board shall immediately require and the Bank shall implement and thereafter adhere ensure adherence to a program for the maintenance of an adequate Allowance for Loan and Lease Losses ("ALLL"). The program shall be consistent with the comments on maintaining a proper ALLL found in the Interagency Policy Statement on the ALLL contained in OCC Bulletin 2006-47 (December 13, 2006) and with "Allowance for Loan and Lease Losses," booklet A-ALLL of the Comptroller's Handbook, and shall incorporate the following:
Appears in 1 contract
Samples: Agreement by And
Allowance for Loan and Lease Losses. (1) The Board shall immediately require require, and the Bank shall implement and thereafter adhere to a program for the maintenance of an adequate Allowance for Loan and Lease Losses ("“ALLL"”). The program shall be consistent with the comments on maintaining a proper ALLL found in the Interagency Policy Statement on the ALLL contained in OCC Bulletin 2006-47 (December 13, 2006) and with "“Allowance for Loan and Lease Losses," ” booklet A-ALLL of the Comptroller's ’s Handbook, and shall incorporate the following:
Appears in 1 contract
Samples: Agreement by and Between (First Community Corp /Sc/)
Allowance for Loan and Lease Losses. (1) The Board shall immediately require and the Bank shall implement and thereafter adhere to a program for the maintenance of an adequate Allowance for Loan and Lease Losses ("ALLL"). The program shall be consistent with the comments on maintaining a proper ALLL found in the Interagency Policy Statement on the ALLL contained in OCC Bulletin 2006-47 (December 13, 2006) and with the "Allowance for Loan and Lease Losses," booklet A-ALLL of the Comptroller's Handbook, and shall incorporate the following:
Appears in 1 contract
Samples: www.occ.gov
Allowance for Loan and Lease Losses. (1) The Board shall immediately require and the Bank shall implement and thereafter adhere to a written program for the maintenance of an adequate Allowance for Loan and Lease Losses ("ALLL"). The program shall be consistent with the comments on maintaining a proper ALLL found in the Interagency Policy Statement on the ALLL contained in OCC Bulletin 2006-47 (December 13, 2006) and with "Allowance for Loan and Lease Losses," booklet A-A- ALLL of the Comptroller's Handbook, and shall incorporate the following:
Appears in 1 contract
Samples: occ.gov
Allowance for Loan and Lease Losses. (1) The Board shall immediately require and the Bank shall implement and thereafter adhere to a written program for the maintenance of an adequate Allowance for Loan and Lease Losses ("“ALLL"”). The program shall be consistent with the comments on maintaining a proper ALLL found in the Interagency Policy Statement on the ALLL contained in OCC Bulletin 2006-47 (December 13, 2006) and with "“Allowance for Loan and Lease Losses," ” booklet A-ALLL of the Comptroller's ’s Handbook, and shall incorporate the following:
Appears in 1 contract
Allowance for Loan and Lease Losses. (1) The Board shall immediately require require, and the Bank shall implement and thereafter adhere to a program for the maintenance of an adequate Allowance for Loan and Lease Losses ("ALLL"). The program shall be consistent with the comments on maintaining a proper ALLL found in the Interagency Policy Statement on the ALLL contained in OCC Bulletin 2006-47 (December 13, 2006) and with "Allowance for Loan and Lease Losses," booklet A-ALLL of the Comptroller's Handbook, and shall incorporate the following:
Appears in 1 contract
Samples: www.occ.gov