Common use of Allowance for Loan Losses Clause in Contracts

Allowance for Loan Losses. FNB Bank’s allowance for loan losses is sufficient at the date of this Agreement for its reasonably anticipated loan losses, is in compliance with the standards established by applicable Governmental Entities and GAAP and, to the knowledge of FNB, is adequate.

Appears in 9 contracts

Samples: Agreement and Plan of Merger (PVF Capital Corp), Agreement and Plan of Merger (FNB Corp/Fl/), Agreement and Plan of Merger (FNB Corp/Fl/)

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Allowance for Loan Losses. At the date of this Agreement, FNB Bank’s allowance for loan losses is sufficient at the date of this Agreement for its reasonably anticipated loan losses, is in compliance with the standards established by applicable Governmental Entities and GAAP and, to the knowledge of FNB, is adequateadequate under GAAP.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (FNB Corp/Fl/), Agreement and Plan of Merger

Allowance for Loan Losses. At the date of this Agreement, FNB Bank’s allowance for loan losses is sufficient at the date of this Agreement for its reasonably anticipated loan losses, is in compliance with the standards established by applicable Governmental Entities and GAAP and, to the knowledge of FNB, is adequate.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (BCSB Bancorp Inc.), Agreement and Plan of Merger (FNB Corp/Fl/)

Allowance for Loan Losses. At the date of this Agreement, FNB Bank’s allowance for loan losses is sufficient at the date of this Agreement for its reasonably anticipated loan losses, is in compliance with the standards established by applicable Governmental Entities and GAAP and, to the knowledge of FNB, is adequate.adequate under GAAP. 4.21

Appears in 1 contract

Samples: Version Agreement (Metro Bancorp, Inc.)

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Allowance for Loan Losses. At the date of this Agreement, FNB Bank’s allowance for loan losses is sufficient at the date of this Agreement for its reasonably anticipated loan losses, is in compliance with the standards established by applicable Governmental Entities and GAAP and, to the knowledge of FNB, is adequateare adequate under GAAP.

Appears in 1 contract

Samples: Agreement and Plan of Merger (FNB Corp/Fl/)

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