Common use of Return on Assets Clause in Contracts

Return on Assets. Citizens and Farmers shall maintain a rate of Net Income to Total Assets of a minimum of six tenths of one (0.60%) percent for each fiscal year this Credit Facility is in effect.

Appears in 1 contract

Sources: Loan Agreement (Premier Financial Bancorp Inc)

Return on Assets. Citizens and Farmers shall maintain a rate of Net Income to Total Assets of a minimum of six tenths of one (0.60%) .75 percent for each fiscal year this Credit Facility is in effect. Farmers shall maintain such a ratio of 0.5 percent for fiscal year 2007, 0.6 percent for fiscal year 2008, and .75 percent for each fiscal year thereafter that this Credit Facility is in effect.

Appears in 1 contract

Sources: Loan Agreement (Premier Financial Bancorp Inc)