Asset Quality definition

Asset Quality ratio of nonperforming assets to loans and other real estate owned, ratio of reserves to nonperforming loans, and ratio of net charge-offs to loans;

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Asset Quality means, calculated as of the first day of each month, the sum of the Total Portfolio Past Due Percent, the Total Portfolio Repossession Percent and the Total Portfolio Net Charge-Off Percent.

Asset Quality means the component within the SCALE model that evaluates risk, controllability, adequacy of loan loss reserves, acceptable earnings, and the effect of off-balance sheet earnings and loss.

Examples of Asset Quality in a sentence

• Notwithstanding the foregoing, the Collateral Manager may elect at any time after the Effective Date, in lieu of selecting a “row/column combination” of the Asset Quality Matrix, to interpolate between two adjacent rows and/or two adjacent columns, as applicable, on a straight-line basis and round the results to two decimal points.

• If the Collateral Manager does not notify the Trustee that it will alter the “row/column combination” of the Asset Quality Matrix chosen on the Effective Date in the manner set forth above, the “row/column combination” of the Asset Quality Matrix chosen on or prior to the Effective Date shall continue to apply.

• As of the last day of each calendar month, the Borrowers shall have Asset Quality of no more than 21%.

• On or prior to the Effective Date, the Collateral Manager shall elect the “row/column combination” of the Asset Quality Matrix that shall on and after the Effective Date apply to the Collateral Obligations for purposes of determining compliance with the Moody’s Diversity Test, the Maximum ▇▇▇▇▇’▇ Rating Factor Test and the Minimum Floating Spread Test.

• On or prior to the Effective Date, the Collateral Manager shall elect the “row/column combination” of the Asset Quality Matrix that shall on and after the Effective Date apply to the Collateral Obligations for purposes of determining compliance with the Moody’s Diversity Test, the Maximum ▇▇▇▇▇’▇ Rating Factor Test and the Minimum Moody’s Floating Spread Test.

More Definitions of Asset Quality

Asset Quality. The Fund weighted average quality will be AA or higher. Any cash available within the Fund is invested in high quality commingled cash management portfolio and other cash vehicles. • Duration: Index duration ± ¼ years • Asset Class: U.S. Dollar Denominated Fixed Income Securities • Investment Manager: PNC Capital Advisors, LLC • Portfolio Objective: To outperform the Benchmark net of fees over a market cycle. “Index”)

Asset Quality. The Account will maintain an average credit quality of “A1” or

Asset Quality means, as of the date of determination, the sum of the following percentage: (a) Net Charge-Offs of Receivables for the 12 month period ending on such date, as a percentage of Principal Receivables outstanding during such 12 month period, plus (b) Receivables more than 60 days past due on a contractual basis on such date, as a percentage of gross Receivable on such date.

Asset Quality. The Bank's ALLL to loans ratio of 0.27% is below that of the Comparable Group's 0.49%. The Bank has a reserve to nonperforming loan ratio, 78.59% which is lower than that of the Comparable Group, 88.34%. The Bank's nonperforming asset to asset ratio is 0.29%, which is below the Comparable average of 0.60%. Funding Mix - The Bank is funded through deposits, borrowings, and retained earnings. The Comparable Group had 13.14% of its funding base from borrowings as compared to the Bank's 22.39%. The high level of borrowings provides significantly less funding flexibility when weighted to the Comparable Group. Intangible Levels - One of the most important factors influencing market values is the level of intangibles that an institution carries on its books. Thrifts trade more on tangible book than on book. The Bank had no intangibles on its books at June 30, 1997. Of the Comparable Group, two had intangibles. Only one of these Comparables has a significant level of intangibles, Classic Bancshares with 15.44%. The Comparable average is 1.50% intangible assets to assets.

Asset Quality. The Bank's ALLL to loans ratio of 0.88% is less than that of the Comparable Group's 1.30%. Funding Mix - The Bank is funded through deposits, borrowings, and retained earnings. The Comparable Group had 16.77% of its funding base from borrowings as compared to the Bank's 9.89%. The Bank's low level leaves room for additional borrowings in the future.

Asset Quality means measure the percentage of non-earning assets that negatively impact profitability and solvency.

Asset Quality means, calculated as of the first day of each month, the sum of the Total Portfolio Past Due Percent, the Total Portfolio Repossession Percent and the Total Portfolio Net Charge‑Off Percent.