Efficiency Ratio
Efficiency Ratio. Or "ER" for a Long-Term Performance Period shall mean the Company's non-interest expense divided by the Company's revenues (i.e., the Company's fully tax equivalent net interest income and non-interest income) during such Long-Term Performance Period. Non-interest expense and non-interest income shall exclude material non recurring events and security gains and losses.
Found in
CAMDEN NATIONAL CORP contract
Efficiency Ratio. For a Long-Term Performance Period or a portion thereof, shall mean the Company's non-interest expense divided by the Company's fully tax equivalent net interest income and non-interest income.
Found in
CAMDEN NATIONAL CORP contract
Efficiency Ratio. The Company's efficiency ratio, calculated by dividing non-interest expense less amortization of core deposit intangibles by the sum of net interest income on a tax equivalent basis and non-interest income
All Definitions
Found in
Home BancShares Inc contract