BENEFIT ACCOUNTING. The Bank shall account for this benefit using the regulatory accounting principles of the Bank's primary federal regulator. The Bank shall establish an accrued liability retirement account for the Executive into which appropriate reserves shall be accrued.
Appears in 12 contracts
Samples: Salary Continuation Agreement (Central Valley Community Bancorp), Continuation Agreement (Central Valley Community Bancorp), Executive Salary Continuation Agreement (Central Valley Community Bancorp)
BENEFIT ACCOUNTING. The Bank shall account for this the benefit provided herein using the regulatory accounting principles of the Bank's primary federal regulator. The Bank shall establish an accrued liability retirement account for the Executive into which appropriate reserves shall be accrued.
Appears in 11 contracts
Samples: Supplemental Retirement Plan (Carolina Bank Holdings Inc), Supplemental Retirement Plan (Carolina Bank Holdings Inc), Supplemental Retirement Plan (Ecb Bancorp Inc)
BENEFIT ACCOUNTING. The Bank shall account for this benefit using the regulatory accounting principles of the Bank's ’s primary federal regulator. The Bank shall establish an accrued liability retirement account for the Executive Director into which appropriate reserves shall be accrued.
Appears in 7 contracts
Samples: Director Fee Continuation Agreement (Lyons Bancorp Inc), Director Fee Continuation Agreement (Lyons Bancorp Inc), Director Fee Continuation Agreement (GCF Bancorp Inc)
BENEFIT ACCOUNTING. The Bank shall account for this benefit using the regulatory accounting principles of the Bank's primary federal regulator. The Bank shall establish an accrued liability retirement account for the Executive Director into which appropriate reserves shall be accrued.
Appears in 7 contracts
Samples: Compensation Plan Agreement (Community Trust Financial Services Corporation), Compensation Plan Agreement (Community Trust Financial Services Corporation), Compensation Plan Agreement (Community Trust Financial Services Corporation)
BENEFIT ACCOUNTING. The Bank shall account for this benefit using the regulatory accounting principles of the Bank's ’s primary federal regulator. The Bank shall establish an accrued liability retirement account for the Executive into which appropriate reserves shall be accrued.
Appears in 6 contracts
Samples: Executive Salary Continuation Agreement (Lyons Bancorp Inc), Executive Salary Continuation Agreement (Lyons Bancorp Inc), Executive Salary Continuation Agreement (Origin Bancorp, Inc.)
BENEFIT ACCOUNTING. The Bank shall account for this benefit using the regulatory generally accepted accounting principles of the Bank's ’s primary federal regulator. The Bank shall establish an accrued liability retirement account for the Executive into which appropriate reserves shall be accrued.
Appears in 6 contracts
Samples: Continuation Agreement (ESSA Bancorp, Inc.), Continuation Agreement (ESSA Bancorp, Inc.), Executive Salary Continuation Agreement (ESSA Bancorp, Inc.)
BENEFIT ACCOUNTING. The Bank shall account for this benefit using the regulatory accounting principles of the Bank's ’s primary federal regulatorregulator and the Generally Accepted Accounting Principles. The Bank shall establish an accrued liability retirement account (bookkeeping entry) for the Executive into which appropriate reserves shall be accrued.
Appears in 5 contracts
Samples: Executive Salary Continuation Agreement (Peoples Bancorp of North Carolina Inc), Executive Salary Continuation Agreement (Peoples Bancorp of North Carolina Inc), Executive Salary Continuation Agreement (Peoples Bancorp of North Carolina Inc)
BENEFIT ACCOUNTING. The Bank shall account for this the benefit provided herein using the regulatory accounting principles of the Bank's ’s primary federal regulator. The Bank shall establish an accrued liability retirement account for the Executive into which appropriate reserves shall be accrued.
Appears in 4 contracts
Samples: Executive Supplemental Retirement Plan Agreement (New Century Bancorp Inc), Supplemental Retirement Plan Executive Agreement (Bank of Granite Corp), Executive Supplemental Retirement Plan (Ecb Bancorp Inc)
BENEFIT ACCOUNTING. The Bank shall account for this benefit using the regulatory accounting principles of the Bank's primary federal regulator. The Bank shall establish an accrued liability retirement account for the Executive into which appropriate reserves shall be accruedaccrued in the amount determined by the Bank's certified public accounting firm.
Appears in 3 contracts
Samples: Continuation Agreement (Oak Hill Financial Inc), Continuation Agreement (Oak Hill Financial Inc), Continuation Agreement (Oak Hill Financial Inc)
BENEFIT ACCOUNTING. The Bank shall account for this the benefit provided herein using the regulatory accounting principles of the Bank's primary federal regulator. The Bank shall establish an accrued liability retirement account for the Executive Director into which appropriate reserves shall be accrued.
Appears in 3 contracts
Samples: Director Supplemental Retirement Plan (Ecb Bancorp Inc), Agreement (Westbank Corp), Agreement (South Street Financial Corp)
BENEFIT ACCOUNTING. The Bank shall account for this benefit using the regulatory generally accepted accounting principles of the Bank's primary federal regulatorprinciples. The Bank shall establish an accrued liability retirement account for the Executive into which appropriate reserves shall be accrued.
Appears in 2 contracts
Samples: Continuation Agreement (ESSA Bancorp, Inc.), Executive Salary Continuation Agreement (ESSA Bancorp, Inc.)
BENEFIT ACCOUNTING. The Bank shall account for this benefit using the regulatory accounting principles of the Bank's primary federal regulator. The Bank shall establish an accrued liability retirement account for the Executive into which appropriate reserves shall be be accrued.
Appears in 2 contracts
Samples: Continuation Agreement (Origin Bancorp, Inc.), Continuation Agreement (Origin Bancorp, Inc.)
BENEFIT ACCOUNTING. 9. The Bank shall account for this benefit using the regulatory accounting principles of the Bank's primary federal regulatorregulators. The Bank shall establish an accrued liability retirement account for the Executive into which appropriate reserves shall be accrued.
Appears in 1 contract
Samples: Wilson Bank and Trust Executive (Wilson Bank Holding Co)
BENEFIT ACCOUNTING. The Bank shall account for this benefit using the regulatory accounting principles of the Bank's ’s primary federal regulatorregulator and the Generally Accepted Accounting Principles. The Bank shall establish an accrued liability retirement account (a bookkeeping entry) for the Executive into which appropriate reserves shall be accrued.
Appears in 1 contract
Samples: Director Supplemental Retirement Agreement (Peoples Bancorp of North Carolina Inc)
BENEFIT ACCOUNTING. The Bank shall account for this the benefit provided herein using the regulatory accounting principles of the Bank's ’s primary federal regulator. The Bank shall establish an accrued liability retirement account for the Executive Director into which appropriate reserves shall be accrued.
Appears in 1 contract
Samples: Agreement (Poage Bankshares, Inc.)
BENEFIT ACCOUNTING. The Bank shall account for this benefit using the regulatory accounting principles of the Bank's primary federal regulator. The Bank shall establish an accrued liability retirement account for the Executive into which appropriate reserves shall be accrued.
Appears in 1 contract
Samples: Executive Salary Continuation Agreement (Union National Financial Corp / Pa)
BENEFIT ACCOUNTING. 6. The Bank shall account for this benefit using the regulatory accounting principles of the Bank's primary federal regulator. The Bank shall establish an accrued liability retirement account for the Executive (the "Account") into which appropriate reserves shall be accrued.accrued in the amount determined by the Bank's certified public accounting firm. VESTED PERCENTAGE AMOUNT
Appears in 1 contract
