Common use of Source of Strength Clause in Contracts

Source of Strength. 1. The board of directors of Bankshares shall take appropriate steps to fully utilize Bankshares's financial and managerial resources, pursuant to section 225.4(a) of Regulation Y of the Board of Governors of the Federal Reserve System (the "Board of Governors") (12 C.F.R. § 225.4(a)), to serve as a source of strength to the Bank, including, but not limited to, taking steps to ensure that the Bank complies with this Agreement, and any other supervisory action taken by the Bank's federal or state regulator.

Source of Strength. 1. The board of directors of Bankshares Bancorp shall take appropriate steps to fully utilize BanksharesBancorp's financial and managerial resources, pursuant to section 225.4(aSection 225.4 (a) of Regulation Y of the Board of Governors of the Federal Reserve System (the "Board of Governors") (12 C.F.R. § 225.4(a)), to serve as a source of strength to the Bank, including, but not limited to, taking steps to ensure that the Bank complies with this Agreement, and any other supervisory action taken by the Bank's federal or state regulator.

Source of Strength. 1. The board of directors of Bankshares Bancorp shall take appropriate steps to fully utilize BanksharesBancorp's financial and managerial resources, pursuant to section 225.4(a225.4 (a) of Regulation Y of the Board of Governors of the Federal Reserve System (the "Board of Governors") (12 C.F.R. § 225.4(a)), to serve as a source of strength to the Bank, including, but not limited to, taking steps to ensure that the Bank complies with this Agreement, and any other supervisory action taken by the Bank's federal or state regulator.

Source of Strength. 1. The board of directors of Bankshares shall take appropriate steps to fully utilize Bankshares's ’ financial and managerial resources, pursuant to section 225.4(a) of Regulation Y of the Board of Governors of the Federal Reserve System (the "“Board of Governors"”) (12 C.F.R. § 225.4(a)), to serve as a source of strength to the Bank, including, but not limited to, taking steps to ensure that the Bank complies with this Agreement, and any other supervisory action taken by the Bank's ’s federal or state regulatorregulators.

Source of Strength. 1. The board of directors of Bankshares shall take appropriate steps to fully utilize Bankshares's ’ financial and managerial resources, pursuant to section 225.4(aSection 225.4 (a) of Regulation Y of the Board of Governors of the Federal Reserve System (the "“Board of Governors"”) (12 C.F.R. § 225.4(a)), to serve as a source of strength to the Bank, including, but not limited to, taking steps to ensure that the Bank complies with this Agreement, Agreement and any other supervisory action taken by the Bank's federal Reserve Bank or state regulator.the Commissioner. Corporate Governance and Management Review

Source of Strength. 1. The board of directors of Bankshares shall take appropriate steps to fully utilize BanksharesXxxxxxxxxx's financial and managerial resources, pursuant to section 225.4(a) of Regulation Y of the Board of Governors of the Federal Reserve System (the "Board of Governors") (12 C.F.R. § 225.4(a)), to serve as a source of strength to the Bank, including, but not limited to, taking steps to ensure that the Bank complies with this Agreement, and any other supervisory action taken by the Bank's federal or state regulator.

Source of Strength. 1. The board of directors of Bankshares shall take appropriate steps to fully utilize Bankshares's ' financial and managerial resources, pursuant to section 225.4(aSection 225.4 (a) of Regulation Y of the Board of Governors of the Federal Reserve System (the "Board of Governors") (12 C.F.R. § 225.4(a)), to serve as a source of strength to the BankBank and Bankshares' other subsidiary bank, including, but not limited to, taking steps to ensure that the Bank complies with this Agreement, Agreement and any other supervisory action taken by the Bank's federal Reserve Bank or state regulatorthe Bureau.

Source of Strength. 1. The 3.The board of directors of Bankshares shall take appropriate steps to fully utilize Bankshares's ’ financial and managerial resources, pursuant to section 225.4(a) of Regulation Y of the Board of Governors of the Federal Reserve System (the "Board of Governors") (12 C.F.R. § 225.4(a)), to serve as a source of strength to the Bank, including, but not limited to, taking steps to ensure that the Bank complies with all provisions of this Agreement, and any other supervisory action taken by the Bank's federal or state regulatorMOU.

Source of Strength. 1. The board of directors of Bankshares shall take appropriate steps to fully utilize Bankshares's ' financial and managerial resources, pursuant to section 225.4(a) of Regulation Y of the Board of Governors of the Federal Reserve System (the "Board of Governors") (12 C.F.R. § 225.4(a)), to serve as a source of strength to the Bank, including, but not limited to, taking steps to ensure that the Bank complies with this Agreement, and any other supervisory action taken by the Bank's federal or state regulatorregulators.

Source of Strength. 1. The board boards of directors of Bankshares the Companies shall take appropriate steps to fully utilize Bankshares's the Companies’ financial and managerial resources, pursuant to section 225.4(a) of Regulation Y of the Board of Governors of the Federal Reserve System (the "“Board of Governors"”) (12 C.F.R. § 225.4(a)), to serve as a source of strength to the BankBank and their national bank, including, but not limited to, taking steps to ensure that the Bank complies with this Agreement, and any other supervisory action taken by the Bank's federal Reserve Bank or state regulatorthe Bureau.

Source of Strength. 1. The board of directors of Bankshares shall take appropriate steps to fully utilize Bankshares's ’ financial and managerial resources, pursuant to section 225.4(aSection 225.4 (a) of Regulation Y of the Board of Governors of the Federal Reserve System (the "“Board of Governors"”) (12 C.F.R. § 225.4(a)), to serve as a source of strength to the BankBank and Bankshares’ other subsidiary bank, including, but not limited to, taking steps to ensure that the Bank complies with this Agreement, Agreement and any other supervisory action taken by the Bank's federal Reserve Bank or state regulatorthe Bureau.

Source of Strength. 1. The board of directors of Bankshares Bancshares shall take appropriate steps to fully utilize Bankshares's its financial and managerial resourcesresources to assist the Bank in functioning in a safe and sound manner, pursuant to section 225.4(a) of Regulation Y of the Board of Governors of the Federal Reserve System (the "“Board of Governors"”) (12 C.F.R. § 225.4(a§225.4)), to serve as a source of strength to the Bank, including, but not limited to, taking steps to ensure that the Bank complies with this Agreement, and any other supervisory action taken by the Bank's federal or state regulator.