Common use of Loan Portfolio Clause in Contracts

Loan Portfolio. 4.16.1 The allowances for loan losses reflected in the notes to BSFI’s audited consolidated statements of financial condition at December 31, 2005 and 2004 were, and the allowance for loan losses shown in the notes to the unaudited consolidated financial statements for periods ending after December 31, 2005 were, or will be, adequate, as of the dates thereof, under GAAP.

Loan Portfolio. 4.16.1 The allowances for loan losses reflected in the notes to BSFILegacy’s audited consolidated statements of financial condition at December 31, 2005 2009 and 2004 2008 were, and the allowance for loan losses shown in the notes to the unaudited consolidated financial statements for periods ending after December 31, 2005 2009 were, or will be, adequate, as of the dates thereof, under GAAP.

Loan Portfolio. 4.16.1 The allowances for loan losses reflected in the notes to BSFIBeacon Federal’s audited consolidated statements of financial condition at December 31, 2005 2011 and 2004 2010 were, and the allowance for loan losses shown in the notes to the unaudited consolidated financial statements for periods ending after December 31, 2005 2011 were, or will be, adequate, as of the dates thereof, under GAAP.

Loan Portfolio. 4.16.1 5.24.1 The allowances for loan losses reflected in the notes to BSFIBHLB’s audited consolidated statements of financial condition at December 31, 2005 2009 and 2004 2008 were, and the allowance for loan losses shown in the notes to the unaudited consolidated financial statements for periods ending after December 31, 2005 2009 were, or will be, adequate, as of the dates thereof, under GAAP.

Loan Portfolio. 4.16.1 The allowances for loan losses reflected in the notes to BSFICBT’s audited consolidated statements of financial condition at December 31, 2005 2010 and 2004 2009 were, and the allowance for loan losses shown in the notes to the unaudited consolidated financial statements for periods ending after December 31, 2005 2010 were, or will be, adequate, as of the dates thereof, under GAAP.

Loan Portfolio. 4.16.1 5.15.1 The allowances for loan losses reflected in the notes to BSFICB’s audited consolidated statements of financial condition at December 31, 2005 2013 and 2004 2012 were, and the allowance for loan losses shown in the notes to the unaudited consolidated financial statements for periods ending after December 31, 2005 2013 were, or will be, adequate, as of the dates thereof, under GAAP.

Loan Portfolio. 4.16.1 The allowances for loan losses reflected in the notes to BSFIFNB’s audited consolidated statements of financial condition balance sheet at December 31, 2005 2014 and 2004 2013 were, and the allowance for loan losses shown in the notes to the unaudited consolidated financial statements for periods ending after December 31, 2005 2014 were, or will be, adequate, as of the dates thereof, under GAAP.

Loan Portfolio. 4.16.1 5.19.1 The allowances allowance for loan losses reflected in the notes to BSFI’s FFC's audited consolidated statements statement of financial condition at December 31, 2005 and 2004 werewas, and the allowance for loan losses shown in the notes to the unaudited consolidated financial statements in FFC's Securities Documents for periods ending after December 31, 2005 2004 were, or will be, adequate, as of the dates thereof, under GAAP.

Loan Portfolio. 4.16.1 5.15.1 The allowances allowance for loan losses reflected in the notes to BSFICB’s audited consolidated statements of financial condition at December 31, 2005 2016 and 2004 2015 were, and the allowance for loan losses shown in the notes to the unaudited consolidated financial statements for periods ending after December 31, 2005 2016 were, or will be, adequate, as of the dates thereof, under GAAP.

Loan Portfolio. 4.16.1 The allowances for loan losses reflected in the notes to BSFIMidCoast’s audited consolidated statements of financial condition balance sheet at December 31, 2005 2018 and 2004 2017 were, and the allowance for loan losses shown in the notes to the unaudited consolidated financial statements for periods ending after December 31, 2005 2018 were, or will be, adequate, as of the dates thereof, under GAAP.

Loan Portfolio. 4.16.1 The allowances for loan losses reflected in the notes to BSFITown Square Financial’s audited consolidated statements of financial condition at December 31, 2005 2012 and 2004 2011 were, and the allowance for loan losses shown in the notes to the unaudited consolidated financial statements for periods ending after December 31, 2005 2012 were, or will be, adequate, as of the dates thereof, under GAAP.

Loan Portfolio. 4.16.1 5.23.1 The allowances for loan losses reflected in the notes to BSFIBHLB’s audited consolidated statements of financial condition at December 31, 2005 2016 and 2004 2015 were, and the allowance for loan losses shown in the notes to the unaudited consolidated financial statements for periods ending after December 31, 2005 2016 were, or will be, adequate, as of the dates thereof, under GAAP.

Loan Portfolio. 4.16.1 4.16.1. The allowances allowance for loan losses reflected in the notes to BSFICNB’s audited consolidated statements statement of financial condition at December 31, 2005 and 2004 werewas, and the allowance for loan losses shown in the notes to the unaudited consolidated financial statements for periods ending after December 31, 2005 2004 were, or will be, adequate, as of the dates thereof, under GAAP.

Loan Portfolio. 4.16.1 The allowances for loan losses reflected in the notes to BSFIRiverside’s audited consolidated statements of financial condition at December 31, 2005 2013, 2012 and 2004 2011 were, and the allowance for loan losses shown in the notes to the unaudited consolidated financial statements for periods ending after December 31, 2005 2013 were, or will be, adequate, as of the dates thereof, under GAAPGAAP and regulatory accounting principles.

Loan Portfolio. 4.16.1 5.19.1 The allowances allowance for loan losses reflected in the notes to BSFIFFC’s audited consolidated statements statement of financial condition at December 31, 2005 and 2004 werewas, and the allowance for loan losses shown in the notes to the unaudited consolidated financial statements in FFC’s Securities Documents for periods ending after December 31, 2005 2004 were, or will be, adequate, as of the dates thereof, under GAAP.

Loan Portfolio. 4.16.1 5.16.1 The allowances for loan losses reflected in the notes to BSFI’s Citizens’ audited consolidated statements of financial condition at December 31, 2005 2018 and 2004 2017 were, and the allowance for loan losses shown in the notes to the unaudited consolidated financial statements for periods ending after December 31, 2005 2018 were, or will be, adequate, as of the dates thereof, under GAAP.

Loan Portfolio. 4.16.1 The allowances for loan losses reflected in the notes to BSFICommerce’s audited consolidated statements of financial condition at December 31, 2005 2016 and 2004 2015 were, and the allowance for loan losses shown in the notes to the unaudited consolidated financial statements for periods ending after December 31, 2005 2016 were, or will be, adequate, as of the dates thereof, under GAAP.

Loan Portfolio. 4.16.1 The allowances for loan losses reflected in the notes to BSFIFCB’s audited consolidated statements of financial condition at December 31, 2005 2015 and 2004 2014 were, and the allowance for loan losses shown in the notes to the unaudited consolidated financial statements for periods ending after December 31, 2005 2015 were, or will be, adequate, as of the dates thereof, under GAAP.

Loan Portfolio. 4.16.1 4.16.1. The allowances allowance for loan losses reflected in the notes to BSFI’s CNB's audited consolidated statements statement of financial condition at December 31, 2005 and 2004 werewas, and the allowance for loan losses shown in the notes to the unaudited consolidated financial statements for periods ending after December 31, 2005 2004 were, or will be, adequate, as of the dates thereof, under GAAP.

Loan Portfolio. 4.16.1 The allowances for loan losses reflected in the notes to BSFIFedFirst’s audited consolidated statements of financial condition at December 31, 2005 2013 and 2004 2012 were, and the allowance for loan losses shown in the notes to the unaudited consolidated financial statements for periods ending after December 31, 2005 2013 were, or will be, adequate, as of the dates thereof, under GAAP.

Loan Portfolio. 4.16.1 5.16.1 The allowances for loan losses reflected in the notes to BSFI’s Citizens’ audited consolidated statements of financial condition at December 31, 2005 2014 and 2004 2013 were, and the allowance for loan losses shown in the notes to the unaudited consolidated financial statements for periods ending after December 31, 2005 2014 were, or will be, adequate, as of the dates thereof, under GAAP.