Core Deposits definition

Core Deposits means the aggregate balance of all Deposit Liabilities of the Offices (which aggregate balance shall include interest posted to such accounts as of the close of business on the Closing Date). The amount calculated as set forth herein as of the close of business on the Closing Date is hereinafter called the "Acquisition Consideration;" and

Core Deposits means the total deposits of the Bank (including any related sweep accounts), other than (a) certificates of deposits in excess of $100,000, (b) deposits classified as “public funds” or similar accounts, and (c) brokered deposits.

Core Deposits means the total deposits of Southwestern National Bank other than (a) time deposits and (b) all other brokered deposits or deposits from financial institutions.

Examples of Core Deposits in a sentence

• Because not all companies use the same calculation of "Core Deposits" and "Pre-tax, Pre- provision Earnings", this presentation may not be comparable to other similarly titled measures as calculated by other companies.

• These non-GAAP financial measures include "Core Deposits" and "Pre-tax, Pre-provision Earnings".

• There are large differences between banks with and without exposure – on average, banks increase deposits by $435 million, while ABCP-exposed banks increase deposits by more than $2.5 billion.Within the sum of US deposits, we also examine changes in the following subcategories of deposits: Demand Deposits, Core Deposits, Time Deposits (<$100K), Time Deposits (>$100K), and Other Deposits.

• Amortisation is calculated using the straight-line method over the expected useful lives of the intangible assets which is 15 years for the Globe Finance Brand and 8 years for Core Deposits.

• The computation involves determining the deposit mix comprising of volatile and non-volatile or Core Deposits.

More Definitions of Core Deposits

Core Deposits means the sum of demand deposits, NOW deposits, money market demand accounts and savings accounts at the Bank.

Core Deposits means all deposits (as defined in 12 U.S.C. Section 1813(1)) of GAFC shown on the books and records of GAB, including but not limited to all interest posted thereon accrued but unpaid interest and both collected and uncollected funds (including overdrawn accounts), together with GAB's rights and responsibilities under any customer agreement evidencing or relating thereto, but excluding (i) deposit accounts associated with a public body, including but not limited to any municipal, county, state or federal government, and (ii) brokered deposits and (iii) wholesale deposits, but including corporate sweep accounts.

Core Deposits means all deposits other than (i) brokered deposits, (ii) time deposits greater than $100,000, and (iii) any deposits that were subject to off balance sheet deposit sweep programs in November 2006 or have been subject to such sweep programs since November 30, 2006.

Core Deposits means all non-brokered deposits and all time deposits under $100,000 of Company Bank.

Core Deposits means all deposits held at the Branches, excluding (i) public funds, (ii) brokered deposits, (iii) out-of-market CDs and (iv) CDs over $250,000.00.

Core Deposits means all deposit liabilities of the Company Bank as defined in 12 U.S.C. 1831(l)(i) as of such date, excluding deposits set forth on Section 7.02(g) of the Company Disclosure Schedule, any brokered deposits for purposes of Xxxxxxx 00 X.X.X. 0000(x)(x) and any certificates of deposit in excess of $250,000. The Company Bank shall have no brokered deposits at Closing.

Core Deposits means the total deposits of SL Bank less all of the following: “brokered deposits,” as such term is defined in the Rules and Regulations of the FDIC, all time deposits over $100,000, internet deposits, inter-company or Affiliate deposits.