In cases of mergers and consolidations of depository institutions, the
amount of reserves that shall be maintained by the surviving institution
shall be reduced by an amount determined by multiplying the amount by which
the required reserves during the computation period immediately preceding
the date of the merger (computed as if the depository institutions had
merged) exceeds the sum of the actual required reserves of each depository
institution during the same computation period, times the appropriate percentage
as specified in the following schedule:
Maintenance Periods occurring during quarters or following merger or consolidation
Percentage applied to difference to compute amount to be subtracted
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