Gross Loans definition

Gross Loans means the total principal amount of all loan facilities extended by the Bank to its customers (other than banks) in the ordinary course of business, before the deduction of any Loan Loss Reserves.
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Gross Loans means the aggregate amount of loans, leases and other assets of the Subsidiary Bank.
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Gross Loans is amended in its entirety as follows:
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Examples of Gross Loans in a sentence

  • Loans4 of 0.11% 2011- Q1’16 annualized average: 0.10% Total Assets ($M) $1,052 ROAA 0.67% Gross Loans ($M) $796 ROATCE 6.55% Total Deposits ($M) $818 NIM 3.24% TCE/ TA 10.4% Yield on Loans 4.14% Leverage Ratio 10.5% Cost of Deposits 0.32% Total RBC Ratio 20.5% Efficiency 66% - OCFC (50) - OSHC (11) Source: SNL Financial 1 Includes all public and private New Jersey headquartered depository institutions.

  • The total Gross Loans to be transferred were, as of January 8, 1999, approximately One Million Two Hundred Thirteen Thousand Two Hundred Twenty-Nine and 59/100 Dollars ($1,213,229.59) and are more fully identified in Exhibit 3.01.

  • Borrower shall maintain, on a consolidated basis, a minimum Allowance for Loan and Lease Losses to Gross Loans ratio of 1.00%.

  • The results of this analysis are summarized in the table below: Meta Crestmark Exchange Gross Loans .

  • The ratio of: (A) the sum of: (i) Nonperforming Loans, plus (ii) other real estate owned determined with respect to First-Citizens Bank and Trust Company of South Carolina to (B) the sum of: (i) Total Gross Loans, plus (ii) other real estate owned, determined with respect to First-Citizens Bank and Trust Company of South Carolina, shall not at any time exceed .01 to 1.0.

  • Permit, on a consolidated basis as of the last day of each Fiscal Quarter, the ratio (calculated as a percentage) of Nonperforming Loans to Total Gross Loans to be greater than 1.50%.

  • Permit, on a consolidated basis as of the last day of each Fiscal Quarter, the ratio of Loan Loss Reserves to Nonperforming Loans to be less than 1.50 to 1 or permit, on a consolidated basis as of the last day of each Fiscal Quarter, the Loan Loss Reserves as a percentage of Total Gross Loans to be less than 1%.

  • Loans receivable consists of the following (in thousands): AS OF DECEMBER 31, 2003 2002 Gross Loans receivable......................................

  • Permit the Bank Subsidiaries, on a consolidated basis as of the last day of each Fiscal Quarter, to incur Net Chargeoffs in an amount greater than one percent (1.0%) of Total Gross Loans, all as determined on a rolling four-quarter basis.

  • Borrower shall maintain, on a consolidated basis, an Allowance for Loan and Lease Losses to Gross Loans and Leases ratio of at least 1.0%.


More Definitions of Gross Loans

Gross Loans means, at any time, the aggregate principal amount of the total gross loans of the Subsidiary Bank determined on a basis consistent with the Federal Reserve System Thrift Financial Report (TFR) of the Consolidated Financial Statements for Bank Holding Companies most recently filed by the Borrower with the appropriate governmental authority.
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Gross Loans is added to Section 1.1 of the Credit Agreement to read as follows:
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