Loan Loss Reserves. As of the date hereof and as of the Closing Date, the Company’s management has concluded that the loan loss reserves of the Bank are adequate.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Heritage Commerce Corp), Securities Purchase Agreement (Heritage Commerce Corp)
Loan Loss Reserves. As of the date hereof and as of the Closing Date, the Company’s management has reasonably concluded that the loan loss reserves of the Bank are adequate.
Appears in 1 contract
Samples: Securities Purchase Agreement (Porter Bancorp, Inc.)
Loan Loss Reserves. As of the date hereof and as of the Closing Date, the Company’s management has concluded that the loan loss reserves of the PBI Bank are adequate.
Appears in 1 contract
Samples: Securities Purchase Agreement (Porter Bancorp, Inc.)
Loan Loss Reserves. As of the date hereof and as of the Closing Date, the Company’s management has concluded that the loan loss reserves of the Heritage Oaks Bank are adequate.
Appears in 1 contract
Samples: Securities Purchase Agreement (Heritage Oaks Bancorp)
