Return On Equity

Return On Equity. For any calendar year means a percentage equal to the quotient determined by dividing (i) PSB Holdings' net income for such year, by (ii) average stockholders' equity of PSB Holdings, determined without regard to unrealized gains or losses on investment securities, on a consolidated basis for such year

Return On Equity. For any Year means the Net Earnings (as reported in the Company's audited consolidated financial statements for the Year) divided by the shareholders equity of the Company at the beginning of each Year.

Return On Equity. The quarterly Net earnings (loss) attributable to the Company, as reported in quarterly financial disclosures, divided by the quarterly Total Equity of the Company, the results of which are averaged over the Measurement Period, and annualized. Net earnings (loss) attributable to the Company and ROE shall be adjusted for Extraordinary Items, as determined by the Committee in its sole discretion