Common use of Allowance for Loan Losses Clause in Contracts

Allowance for Loan Losses. The allowance for loan losses shown, and to be shown, on the balance sheets contained in the NPB Financials have been, and will be, established in accordance with GAAP and all applicable regulatory criteria.

Appears in 6 contracts

Samples: Agreement and Plan of Merger (National Penn Bancshares Inc), Agreement (Peoples First Inc), Agreement (National Penn Bancshares Inc)

AutoNDA by SimpleDocs

Allowance for Loan Losses. The allowance for loan losses shown, and to be shown, on the balance sheets contained in the NPB BFC Financials have been, and will be, established in accordance with GAAP and all applicable regulatory criteria.

Appears in 2 contracts

Samples: Agreement (Community Banks Inc /Pa/), Agreement (Bucs Financial Corp)

Allowance for Loan Losses. The allowance for loan losses shown, and to be shown, on the balance sheets contained in the NPB KNBT Financials have been, and will be, established in accordance with GAAP and all applicable regulatory criteria.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (KNBT Bancorp Inc), Agreement and Plan of Merger (National Penn Bancshares Inc)

Allowance for Loan Losses. The allowance for loan losses shown, and to be shown, on the balance sheets contained in the NPB Financials National Penn Financial Statements have been, and will be, established in accordance with GAAP and all applicable regulatory criteria.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (National Penn Bancshares Inc), Agreement and Plan of Merger (Tf Financial Corp)

Allowance for Loan Losses. The allowance for loan losses shown, -------------------------- and to be shown, on the balance sheets contained in the NPB Financials have been, and will be, established in accordance with GAAP and all applicable regulatory criteria.

Appears in 1 contract

Samples: Agreement (Nittany Financial Corp)

AutoNDA by SimpleDocs

Allowance for Loan Losses. The allowance for loan losses shown, and to be shown, on the balance sheets contained in the NPB HomeTowne Financials have been, and will be, established in accordance with GAAP and all applicable regulatory criteria.

Appears in 1 contract

Samples: Agreement and Plan of Merger (National Penn Bancshares Inc)

Allowance for Loan Losses. The allowance for loan losses shown, and to be shown, on the balance sheets contained in the NPB Financials have been, and will be, established in accordance with GAAP generally accepted accounting principles and all applicable regulatory criteria.

Appears in 1 contract

Samples: Agreement and Plan of Merger (National Penn Bancshares Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.