Common use of Return on Average Assets Clause in Contracts

Return on Average Assets. Bank shall maintain a return on Average Assets of at least 50/100 percent (0.50%) as of each Covenant Compliance Date. In determining such return, Bank’s earnings will be calculated using the prior four (4) fiscal quarters then ended on a rolling basis.

Return on Average Assets. Bank shall maintain a return on Average Assets of at least 50/100 70/100 percent (0.500.70%) as of each Covenant Compliance Date. In determining such return, Bank’s earnings will be calculated using the prior four (4) fiscal quarters then ended on a rolling basis.

Return on Average Assets. Bank shall maintain a return on Average Assets of at least 50/100 65/100 percent (0.500.65%) as of each Covenant Compliance Date. In determining such return, Bank’s earnings will be calculated using on a rolling four-quarter basis. For purposes of the prior foregoing covenant, non-recurring Merger-related expenses may be added back to the Bank’s Net Income for a period of up to four (4) fiscal quarters then ended on a rolling basisfollowing the closing of the Merger.

Return on Average Assets. Bank shall maintain a return on Average Assets of at least 50/100 75/100 percent (0.500.75%) as of each Covenant Compliance Date. In determining such return, Bank’s earnings will be calculated using the prior four (4) fiscal quarters then ended on a rolling basis.