Examples of CFB Financial Statements in a sentence
No CFB Entity has any Liabilities that are reasonably likely to have, individually or in the aggregate, a CFB Material Adverse Effect, except Liabilities which are accrued or reserved against in the consolidated balance sheets of CFB as of September 30, 2000, included in the CFB Financial Statements or reflected in the notes thereto.
CFB and its Subsidiaries have established adequate reserves in the CFB Financial Statements, in accordance with GAAP, for the payment of all Taxes owed or accrued and not otherwise paid, and, since the date of such CFB Financial Statements, no material Taxes have accrued other than in the ordinary course of business consistent with past practice.
The allowance for loan and lease losses (“ALLL”) reflected in the CFB Financial Statements was, as of the date of each of the CFB Financial Statements, in compliance with CFB’s existing methodology for determining the adequacy of the ALLL and in compliance with the standards established by the applicable Regulatory Agency, the Financial Accounting Standards Board and GAAP, and is adequate.
The CFB Financial Statements as of and for the years ended December 31, 2016, 2015 and 2014 are accompanied by the audit reports of Mxxx Axxxx, LLP.
No CFB Entity has any Liabilities ---------------------------------- that are reasonably likely to have, individually or in the aggregate, a CFB Material Adverse Effect, except Liabilities which are accrued or reserved against in the consolidated balance sheets of CFB as of September 30, 2000, included in the CFB Financial Statements or reflected in the notes thereto.
The CFB Financial Statements fairly present or, with respect to those as of any date or for any period ending after the date of this Agreement, will fairly present, the financial condition of CFB as of the respective dates set forth therein, and the consolidated results of operations, changes in shareholders’ equity and cash flows (if applicable) of CFB for the respective periods or as of the respective dates set forth therein.