ACI Coverage Ratio definition
ACI Coverage Ratio means the ratio determined by dividing (i) the sum of Bank’s 90 days past due plus non-accruing loans plus Other Real Estate Owned by (ii) Bank’s tangible tier one common equity plus its allowance for loan and lease losses (determined in accordance with GAAP and RAP).
Examples of ACI Coverage Ratio in a sentence
Bank’s ACI Coverage Ratio, following the transactions contemplated by this Agreement, shall be a maximum of 110%.