Common use of Allowance for Loan and Lease Losses Clause in Contracts

Allowance for Loan and Lease Losses. 6. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified “loss” in the Report of Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified “loss” unless otherwise approved in writing by the Reserve Bank.

Appears in 6 contracts

Samples: www.federalreserve.gov, www.federalreserve.gov, Hanmi Financial Corp

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Allowance for Loan and Lease Losses. 67. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified “loss” in the Report of Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified “loss” unless otherwise approved in writing by the Reserve Bank.

Appears in 6 contracts

Samples: www.federalreserve.gov, Pacific Mercantile Bancorp, www.federalreserve.gov

Allowance for Loan and Lease Losses. 65. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified “loss” in the Report of Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified “loss” unless otherwise approved in writing by the Reserve Bank.

Appears in 4 contracts

Samples: www.federalreserve.gov, www.federalreserve.gov, United Security Bancshares

Allowance for Loan and Lease Losses. 6. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified "loss" in the Report of Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified "loss" unless otherwise approved in writing by the Reserve BankBank and the Division.

Appears in 3 contracts

Samples: www.federalreserve.gov, www.federalreserve.gov, s3.amazonaws.com

Allowance for Loan and Lease Losses. 6. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified "loss" in the Report of Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified "loss" unless otherwise approved in writing by the Reserve Bank.

Appears in 3 contracts

Samples: www.federalreserve.gov, www.federalreserve.gov, www.federalreserve.gov

Allowance for Loan and Lease Losses. 67. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified "loss" in the Report of Examination that have not been previously collected in full or charged off. Thereafter Thereafter, the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified "loss" unless otherwise approved in writing by the Reserve BankBank and the Division.

Appears in 3 contracts

Samples: www.federalreserve.gov, www.federalreserve.gov, www.federalreserve.gov

Allowance for Loan and Lease Losses. 67. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified "loss" in the Report of Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified "loss" unless otherwise approved in writing by the Reserve BankBank and the OFR.

Appears in 3 contracts

Samples: www.federalreserve.gov, www.federalreserve.gov, www.federalreserve.gov

Allowance for Loan and Lease Losses. 610. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified “loss” in the Report of Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified “loss” unless otherwise approved in writing by the Reserve BankBank and the Bureau.

Appears in 3 contracts

Samples: Cordia Bancorp Inc, Community Bankers Trust Corp, www.federalreserve.gov

Allowance for Loan and Lease Losses. 6. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified “loss” in the Report of Examination that have not been previously collected in full or charged off. Thereafter Thereafter, the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified “loss” unless otherwise approved in writing by the Reserve Bank.

Appears in 3 contracts

Samples: www.federalreserve.gov, www.federalreserve.gov, www.federalreserve.gov

Allowance for Loan and Lease Losses. 69. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified “loss” in the Report of Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified “loss” unless otherwise approved in writing by the Reserve BankBank and the Bureau.

Appears in 3 contracts

Samples: www.federalreserve.gov, Commonwealth Bankshares Inc, www.federalreserve.gov

Allowance for Loan and Lease Losses. 68. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified “loss” in the Report of Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified “loss” unless otherwise approved in writing by the Reserve BankBank and the Department.

Appears in 3 contracts

Samples: www.federalreserve.gov, San Joaquin Bancorp, www.federalreserve.gov

Allowance for Loan and Lease Losses. 67. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified “loss” in the Report of Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified “loss” unless otherwise approved in writing by the Reserve BankBank and the DFI.

Appears in 3 contracts

Samples: www.federalreserve.gov, s3.amazonaws.com, www.federalreserve.gov

Allowance for Loan and Lease Losses. 65. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified "loss" in the Report of Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified "loss" unless otherwise approved in writing by the Reserve BankBank and the Commissioner.

Appears in 3 contracts

Samples: www.federalreserve.gov, www.nosue.org, Pab Bankshares Inc

Allowance for Loan and Lease Losses. 6. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified “loss” in the Report of Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified “loss” unless otherwise approved in writing by the Reserve BankBank and the Superintendent.

Appears in 2 contracts

Samples: www.federalreserve.gov, www.federalreserve.gov

Allowance for Loan and Lease Losses. 65. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified "loss" in the Report Reports of Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified "loss" unless otherwise approved in writing by the Reserve Bank.

Appears in 2 contracts

Samples: www.federalreserve.gov, Valley Financial Corp /Va/

Allowance for Loan and Lease Losses. 65. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified “loss” in the Report of Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified “loss” unless otherwise approved in writing by the Reserve BankBank and the Department.

Appears in 2 contracts

Samples: www.federalreserve.gov, Midwest Banc Holdings Inc

Allowance for Loan and Lease Losses. 613. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified “loss” in the Report of Examination that have not been previously collected in full or charged off. Thereafter Thereafter, the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified “loss” unless otherwise approved in writing by the Reserve BankBank and the Commissioner.

Appears in 2 contracts

Samples: www.federalreserve.gov, Newnan Coweta Bancshares Inc

Allowance for Loan and Lease Losses. 6. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified “loss” in the Report of Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified “loss” unless otherwise approved in writing by the Reserve BankBank and the Division.

Appears in 2 contracts

Samples: Guaranty Bancorp, Community Bancorp

Allowance for Loan and Lease Losses. 6. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified "loss" in the report of the examination of the Bank that closed on December 16, 1999 (the "Report of Examination that Examination"), which have not been previously collected in full or charged off. Thereafter Thereafter, the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge charge-off all assets classified "loss", unless otherwise approved in writing by the Reserve Bank.

Appears in 2 contracts

Samples: United Bancshares Inc /Pa, United Bancshares Inc /Pa

Allowance for Loan and Lease Losses. 610. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified “loss” in the Report of Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified “loss” unless otherwise approved in writing by the Reserve BankBank and the DFCS.

Appears in 2 contracts

Samples: www.federalreserve.gov, s3.amazonaws.com

Allowance for Loan and Lease Losses. 65. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified “loss” in the Report of Examination that have not been previously collected in full or charged off. Thereafter Thereafter, the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified “loss” unless otherwise approved in writing by the Reserve BankBank and the Department.

Appears in 2 contracts

Samples: www.federalreserve.gov, Centrue Financial Corp

Allowance for Loan and Lease Losses. 611. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified “loss” in the Report of Examination that have not been previously collected in full or charged off. Thereafter Thereafter, the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified “loss” unless otherwise approved in writing by the Reserve BankBank and the OFR.

Appears in 2 contracts

Samples: Marco Community Bancorp Inc, www.federalreserve.gov

Allowance for Loan and Lease Losses. 67. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified "loss" in the Report of Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified "loss" unless otherwise approved in writing by the Reserve Bank.

Appears in 2 contracts

Samples: www.federalreserve.gov, www.federalreserve.gov

Allowance for Loan and Lease Losses. 6. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified “loss” in the Report of Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified “loss” unless otherwise approved in writing by the Reserve BankBank and the Department.

Appears in 2 contracts

Samples: www.federalreserve.gov, www.federalreserve.gov

Allowance for Loan and Lease Losses. 612. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified "loss" in the Report of Examination that have not been previously collected in full or charged off. Thereafter the the[PageBreak] Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified "loss" unless otherwise approved in writing by the Reserve BankBank and the Commissioner.

Appears in 2 contracts

Samples: www.federalreserve.gov, www.federalreserve.gov

Allowance for Loan and Lease Losses. 6. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified "loss" in the Report of Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified "loss" unless otherwise approved in writing by the Reserve BankBank and the Commissioner.

Appears in 2 contracts

Samples: www.federalreserve.gov, www.federalreserve.gov

Allowance for Loan and Lease Losses. 6. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified “loss” in the Report of Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified “loss” unless otherwise approved in writing by the Reserve BankBank and the Commissioner.

Appears in 2 contracts

Samples: Community Capital Corp /Sc/, www.federalreserve.gov

Allowance for Loan and Lease Losses. 69. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified “loss” in the Report of Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified “loss” unless otherwise approved in writing by the Reserve BankBank and the Division.

Appears in 1 contract

Samples: www.federalreserve.gov

Allowance for Loan and Lease Losses. 68. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified "loss" in the Report of Examination that have not been previously collected in full or charged off. Thereafter the The Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified "loss" unless otherwise approved in writing by the Reserve Bank.

Appears in 1 contract

Samples: www.federalreserve.gov

Allowance for Loan and Lease Losses. 610. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified “loss” in the Report of Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified “loss” unless otherwise approved in writing by the Reserve BankBank and the Department.

Appears in 1 contract

Samples: www.federalreserve.gov

Allowance for Loan and Lease Losses. 67. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified “loss” in the Report of Examination that have not been previously collected in full or charged off. Thereafter Thereafter, the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified “loss” unless otherwise approved in writing by the Reserve BankBank and the Division.

Appears in 1 contract

Samples: First State Bancorporation

Allowance for Loan and Lease Losses. 610. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified “loss” in the Report of Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified “loss” unless otherwise approved in writing by the Reserve Bank.

Appears in 1 contract

Samples: www.federalreserve.gov

Allowance for Loan and Lease Losses. 611. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified “loss” in the Report of Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified “loss” unless otherwise approved in writing by the Reserve BankBank and the Bureau.

Appears in 1 contract

Samples: New Peoples Bankshares Inc

Allowance for Loan and Lease Losses. 63. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified “loss” in the Report of Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified “loss” unless otherwise approved in writing by the Reserve BankBank and OFIR.

Appears in 1 contract

Samples: www.federalreserve.gov

Allowance for Loan and Lease Losses. 67. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified "loss" in the Report of Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified "loss" unless otherwise approved in writing by the Reserve BankBank and the DFCS.

Appears in 1 contract

Samples: www.federalreserve.gov

Allowance for Loan and Lease Losses. 611. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified “loss” in the Report Reports of Examination that have not been previously collected in full or charged off. Thereafter the The Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified “loss” unless otherwise approved in writing by the Reserve BankBank and the Bureau.

Appears in 1 contract

Samples: www.federalreserve.gov

Allowance for Loan and Lease Losses. 65. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified "loss" in the Report of Examination that have not been previously collected in full or charged off. Thereafter Thereafter, the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified "loss" unless otherwise approved in writing by the Reserve BankBank and the Department.

Appears in 1 contract

Samples: www.federalreserve.gov

Allowance for Loan and Lease Losses. 68. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified "loss" in the Report of Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any subsequent federal or state report of examination, charge off all assets classified "loss" unless otherwise approved in writing by the Reserve BankBank and the Division.

Appears in 1 contract

Samples: www.federalreserve.gov

Allowance for Loan and Lease Losses. 610. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified “loss” in the Report of Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified “loss” unless otherwise approved in writing by the Reserve BankBank and the Commissioner.

Appears in 1 contract

Samples: www.federalreserve.gov

Allowance for Loan and Lease Losses. 6. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified "loss" in the Report of Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified "loss" unless otherwise approved in writing by the Reserve BankBank and the Department.

Appears in 1 contract

Samples: Tower Financial Corp

Allowance for Loan and Lease Losses. 616. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified "loss" in the Report of Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified "loss" unless otherwise approved in writing by the Reserve Bank.

Appears in 1 contract

Samples: www.federalreserve.gov

Allowance for Loan and Lease Losses. 610. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified "loss" in the Report of Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified "loss" unless otherwise approved in writing by the Reserve BankBank and the Bureau.

Appears in 1 contract

Samples: www.federalreserve.gov

Allowance for Loan and Lease Losses. 67. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified “loss” in the Report of Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified “loss” unless otherwise approved in writing by the Reserve BankBank and the OFR.

Appears in 1 contract

Samples: www.federalreserve.gov

Allowance for Loan and Lease Losses. 611. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified "loss" in the Report Reports of Examination that have not been previously collected in full or charged off. Thereafter the The Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified "loss" unless otherwise approved in writing by the Reserve BankBank and the Bureau.

Appears in 1 contract

Samples: Central Virginia Bankshares Inc

Allowance for Loan and Lease Losses. 65. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified “loss” in the Report of Examination that have not been previously collected in full or charged off. Thereafter Thereafter, the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified “loss” unless otherwise approved in writing by the Reserve Bank.Bank and the Department. [Page Break]

Appears in 1 contract

Samples: www.federalreserve.gov

Allowance for Loan and Lease Losses. 610. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified “loss” in the Report of Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified “loss” unless otherwise approved in writing by the Reserve Bank.

Appears in 1 contract

Samples: www.federalreserve.gov

Allowance for Loan and Lease Losses. 69. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified “loss” in the Report of Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified “loss” unless otherwise approved in writing by the Reserve Bank.Bank and the OFR. [Page Break]

Appears in 1 contract

Samples: www.federalreserve.gov

Allowance for Loan and Lease Losses. 610. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified “loss” in the Report of Examination that have not been previously collected in full or charged off. Thereafter the The Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified “loss” unless otherwise approved in writing by the Reserve Bank.

Appears in 1 contract

Samples: Florida Bank Group, Inc.

Allowance for Loan and Lease Losses. 6. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified "loss" in the Report of Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified "loss" unless otherwise approved in writing by the Reserve BankBank and the DFI.

Appears in 1 contract

Samples: www.federalreserve.gov

Allowance for Loan and Lease Losses. 6. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified “loss” in the Report Reports of Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified “loss” unless otherwise approved in writing by the Reserve BankBank and the Bureau.

Appears in 1 contract

Samples: www.federalreserve.gov

Allowance for Loan and Lease Losses. 68. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified “loss” in the Report of Examination that have not been previously collected in full or charged off. Thereafter Thereafter, the Bank shall, within 30 days from the receipt of any relevant federal or state report of examination, charge off all assets classified “loss” unless otherwise approved in writing by the Reserve BankBank and the OFR.

Appears in 1 contract

Samples: www.federalreserve.gov

Allowance for Loan and Lease Losses. 67. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified "loss" in the Report of Examination that have not been previously collected in full or charged off. Thereafter Thereafter, the Bank shall, within 30 days from the receipt of any relevant federal or state report of examination, charge off all assets classified "loss" unless otherwise approved in writing by the Reserve BankBank and the Banking Department.

Appears in 1 contract

Samples: www.federalreserve.gov

Allowance for Loan and Lease Losses. 67. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified “loss” in the Report of Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified “loss” unless otherwise approved in writing by the Reserve BankBank and the Division.

Appears in 1 contract

Samples: www.federalreserve.gov

Allowance for Loan and Lease Losses. 6. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified “loss” "Loss" in the Report of Examination that have not been previously collected in full or charged charged-off. Thereafter the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified “loss” unless otherwise approved in writing by the Reserve Bank.

Appears in 1 contract

Samples: Southern Security Bank Corp

Allowance for Loan and Lease Losses. 69. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified "loss" in the Report of Examination that have not been previously collected in full or charged off. Thereafter the The Bank shall, shall,[PageBreak] within 30 days from the receipt of any federal or state report of examination, charge off all assets classified "loss" unless otherwise approved in writing by the Reserve Bank.

Appears in 1 contract

Samples: www.federalreserve.gov

Allowance for Loan and Lease Losses. 611. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified “loss” in the Report of Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified “loss” unless otherwise approved in writing by the Reserve BankBank and the Department.

Appears in 1 contract

Samples: www.federalreserve.gov

Allowance for Loan and Lease Losses. 612. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified "loss" in the Report of Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified "loss" unless otherwise approved in writing by the Reserve BankBank and the Commissioner.

Appears in 1 contract

Samples: www.federalreserve.gov

Allowance for Loan and Lease Losses. 65. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified "loss" in the Report of Examination that have not been previously collected in full or charged off. Thereafter Thereafter, the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified "loss" unless otherwise approved in writing by the Reserve BankBank and the OFR.

Appears in 1 contract

Samples: www.federalreserve.gov

Allowance for Loan and Lease Losses. 610. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified "loss" in the Report of Examination that have not been previously collected in full or charged off. Thereafter the The Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified "loss" unless otherwise approved in writing by the Reserve Bank.Bank.[PageBreak]

Appears in 1 contract

Samples: www.federalreserve.gov

Allowance for Loan and Lease Losses. 611. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified "loss" in the Report of Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified "loss" unless otherwise approved in writing by the Reserve Bank.

Appears in 1 contract

Samples: www.federalreserve.gov

Allowance for Loan and Lease Losses. 67. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified “loss” in the Report of Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified “loss” unless otherwise approved in writing by the Reserve BankBank and OFIR.

Appears in 1 contract

Samples: www.federalreserve.gov

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Allowance for Loan and Lease Losses. 68. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified “loss” in the Report of Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified “loss” unless otherwise approved in writing by the Reserve BankBank and the DFI.

Appears in 1 contract

Samples: www.federalreserve.gov

Allowance for Loan and Lease Losses. 69. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified “loss” in the Report [Page Break] of Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified “loss” unless otherwise approved in writing by the Reserve BankBank and the Department.

Appears in 1 contract

Samples: www.federalreserve.gov

Allowance for Loan and Lease Losses. 68. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified “loss” in the Report of Examination that have not been previously collected in full or charged off. Thereafter Thereafter, the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified “loss” and 50 percent of loans classified as “doubtful”, unless otherwise approved in writing by the Reserve BankBank and the Division.

Appears in 1 contract

Samples: www.federalreserve.gov

Allowance for Loan and Lease Losses. 69. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified “loss” in the Report of Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any subsequent federal or state report of examination, charge off all assets classified “loss” unless otherwise approved in writing by the Reserve BankBank and the OFR.

Appears in 1 contract

Samples: www.federalreserve.gov

Allowance for Loan and Lease Losses. 68. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified “loss” in the Report of Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified “loss” unless otherwise approved in writing by the Reserve BankBank and the OFR.

Appears in 1 contract

Samples: www.federalreserve.gov

Allowance for Loan and Lease Losses. 611. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified "loss" in the Report of Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified "loss" unless otherwise approved in writing by the Reserve BankBank and the Bureau.

Appears in 1 contract

Samples: www.federalreserve.gov

Allowance for Loan and Lease Losses. 65. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified “loss” in the Report of Examination that have not been previously collected in full or charged off. Thereafter Thereafter, the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified “loss” unless otherwise approved in writing by the Reserve BankBank and the Commissioner.

Appears in 1 contract

Samples: www.federalreserve.gov

Allowance for Loan and Lease Losses. 69. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified “loss” in the Report of Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified “loss” unless otherwise approved in writing by the Reserve BankBank and the OFR.

Appears in 1 contract

Samples: www.federalreserve.gov

Allowance for Loan and Lease Losses. 65. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified “loss” in the Report of Examination that have not been previously collected in full or charged off. Thereafter Thereafter, the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified “loss” unless otherwise approved in writing by the Reserve Bank.

Appears in 1 contract

Samples: www.federalreserve.gov

Allowance for Loan and Lease Losses. 67. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified “loss” in the Report of Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified “loss” unless otherwise approved in writing by the Reserve BankBank and the Department.

Appears in 1 contract

Samples: www.federalreserve.gov

Allowance for Loan and Lease Losses. 65. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified "loss" in the Report of Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified "loss" unless otherwise approved in writing by the Reserve BankBank and the Department.

Appears in 1 contract

Samples: www.federalreserve.gov

Allowance for Loan and Lease Losses. 68. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified "loss" in the Report of Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified "loss" unless otherwise approved in writing by the Reserve BankBank and the Department.

Appears in 1 contract

Samples: www.federalreserve.gov

Allowance for Loan and Lease Losses. 69. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified "loss" in the Report of Examination that have not been previously collected in full or charged off. Thereafter Thereafter, the Bank shall, within 30 days from the receipt of any relevant federal or state report of examination, charge off all assets classified "loss" unless otherwise approved in writing by the Reserve BankBank and the Division.

Appears in 1 contract

Samples: www.federalreserve.gov

Allowance for Loan and Lease Losses. 65. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified “loss” in the Report of Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified “loss” unless otherwise approved in writing by the Reserve BankBank and the OFR.

Appears in 1 contract

Samples: www.federalreserve.gov

Allowance for Loan and Lease Losses. 69. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified “loss” in the Report of Examination that have not been previously collected in full or charged off. Thereafter the The Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified “loss” unless otherwise approved in writing by the Reserve BankBank and the OSBC.

Appears in 1 contract

Samples: www.federalreserve.gov

Allowance for Loan and Lease Losses. 68. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified “loss” in the Report of Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified “loss” unless otherwise approved in writing by the Reserve BankBank and the Commissioner.

Appears in 1 contract

Samples: www.federalreserve.gov

Allowance for Loan and Lease Losses. 67. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified "loss" in the Report of Examination that have not been previously collected in full or charged off. Thereafter Thereafter, the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified "loss," unless otherwise approved in writing to do otherwise by the Reserve BankBank and the Division.

Appears in 1 contract

Samples: www.federalreserve.gov

Allowance for Loan and Lease Losses. 69. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified "loss" in the Report of Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any subsequent federal or state report of examination, charge off all assets classified "loss" unless otherwise approved in writing by the Reserve BankBank and the OFR.

Appears in 1 contract

Samples: www.federalreserve.gov

Allowance for Loan and Lease Losses. 65. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified “loss” in the Report [Page Break] of Examination that have not been previously collected in full or charged off. Thereafter Thereafter, the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified “loss” unless otherwise approved in writing by the Reserve BankBank and the Commissioner.

Appears in 1 contract

Samples: www.federalreserve.gov

Allowance for Loan and Lease Losses. 64. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified “loss” in the Report of Examination that have not been previously collected in full or charged off. Thereafter Thereafter, the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified “loss” unless otherwise approved in writing by the Reserve BankBank and the Commissioner.

Appears in 1 contract

Samples: www.federalreserve.gov

Allowance for Loan and Lease Losses. 65. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified "loss" in the Report of Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified "loss" unless otherwise approved in writing by the Reserve BankBank and the DFI.

Appears in 1 contract

Samples: www.federalreserve.gov

Allowance for Loan and Lease Losses. 68. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified "loss" in the Report of Asset[PageBreak] Quality Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified "loss" unless otherwise approved in writing by the Reserve BankBank and the OFIR.

Appears in 1 contract

Samples: www.federalreserve.gov

Allowance for Loan and Lease Losses. 612. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified “loss” in the Report of Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified “loss” unless otherwise approved in writing by the Reserve Bank.Bank and the Commissioner

Appears in 1 contract

Samples: Cecil Bancorp Inc

Allowance for Loan and Lease Losses. 614. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified "loss" in the Report of Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified "loss" unless otherwise approved in writing by the Reserve BankBank and the Division.

Appears in 1 contract

Samples: www.federalreserve.gov

Allowance for Loan and Lease Losses. 67. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified “loss” in the Report of Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified “loss” unless otherwise approved in writing by the Reserve BankBank and the OFIR.

Appears in 1 contract

Samples: www.federalreserve.gov

Allowance for Loan and Lease Losses. 68. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified "loss" in the Report of Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified "loss" unless otherwise approved in writing by the Reserve Bank.

Appears in 1 contract

Samples: www.federalreserve.gov

Allowance for Loan and Lease Losses. 610. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified “loss” in the Report of Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified “loss” unless otherwise approved in writing by the Reserve BankBank and the Division.

Appears in 1 contract

Samples: www.federalreserve.gov

Allowance for Loan and Lease Losses. 69. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified "loss" in the Report of Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified "loss" unless otherwise approved in writing by the Reserve BankBank and the Department.

Appears in 1 contract

Samples: Sterling Banks, Inc.

Allowance for Loan and Lease Losses. 610. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified "loss" in the Report of Examination that have not been previously collected in full or charged off. Thereafter Thereafter, the Bank shall, within 30 days from the receipt of any relevant federal or state report of examination, charge off all assets classified "loss" unless otherwise approved in writing by the Reserve Bank.

Appears in 1 contract

Samples: www.federalreserve.gov

Allowance for Loan and Lease Losses. 612. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified “loss” in the Report of Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified “loss” unless otherwise approved in writing by the Reserve BankBank and the OFR.

Appears in 1 contract

Samples: www.federalreserve.gov

Allowance for Loan and Lease Losses. 69. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified “loss” in the Report of Examination that have not been previously collected in full or charged off. Thereafter Thereafter, the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified “loss” unless otherwise approved in writing by the Reserve BankBank and the Division.

Appears in 1 contract

Samples: www.federalreserve.gov

Allowance for Loan and Lease Losses. 6. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified “loss” in the Report of Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any subsequent federal or state report of examination, charge off all assets classified “loss” unless otherwise approved in writing by the Reserve BankBank and the OFR.

Appears in 1 contract

Samples: www.federalreserve.gov

Allowance for Loan and Lease Losses. 69. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified "loss" in the Report of Examination that have not been previously collected in full or charged off. Thereafter the The Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified "loss" unless otherwise approved in writing by the Reserve Bank.

Appears in 1 contract

Samples: Highlands Bankshares Inc /Va/

Allowance for Loan and Lease Losses. 6. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified "loss" in the Report Reports of Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified "loss" unless otherwise approved in writing by the Reserve BankBank and the Bureau.

Appears in 1 contract

Samples: Hampton Roads Bankshares Inc

Allowance for Loan and Lease Losses. 610. (a) Within 10 30 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified “loss” in the Report of Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified “loss” unless otherwise approved in writing by the Reserve Bank.

Appears in 1 contract

Samples: www.federalreserve.gov

Allowance for Loan and Lease Losses. 69. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified “loss” in the Report of Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified “loss” unless otherwise approved in writing by the Reserve BankBank and the Department.

Appears in 1 contract

Samples: www.federalreserve.gov

Allowance for Loan and Lease Losses. 69. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified “loss” in the Report of Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified “loss” unless otherwise approved in writing by the Reserve Bank.

Appears in 1 contract

Samples: www.federalreserve.gov

Allowance for Loan and Lease Losses. 67. (a) Within 10 days of this Agreement, Bankshares and the Bank shall eliminate from its their books, by charge-off or collection, all assets or portions of assets classified “loss” in the Report of Inspection and Report of Examination that have not been previously collected in full or charged off. Thereafter Thereafter, Bankshares and the Bank shall, within 30 days from the receipt of any relevant federal report of inspection or examination, or state report of examination, charge off all assets classified “loss” unless otherwise approved in writing by the Reserve BankBank and the Division, as applicable.

Appears in 1 contract

Samples: www.federalreserve.gov

Allowance for Loan and Lease Losses. 67. (a) Within 10 days of this Agreement, the Bank shall eliminate from its books, by charge-off or collection, all assets or portions of assets classified "loss" in the Report of Examination that have not been previously collected in full or charged off. Thereafter the Bank shall, within 30 days from the receipt of any federal or state report of examination, charge off all assets classified "loss" unless otherwise approved in writing by the Reserve BankBank and the Department.

Appears in 1 contract

Samples: www.federalreserve.gov

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