Capital classifications.

CFR · 2024-01-01 · US · Title 12

(a) (1) (i) As of the date specified in the notice of proposed capital classification, holds total capital equaling or exceeding the risk-based capital level; and (ii) As of the date specified in the notice of proposed capital classification, holds core capital equaling or exceeding the minimum capital level. (2) (i) As of the date specified in the notice of proposed capital classification, holds total capital less than the risk-based capital level; and (ii) As of the date specified in the notice of proposed capital classification, (3) (i) As of the date specified in the notice of proposed capital classification, holds core capital less than the minimum capital level; and (ii) As of the date specified in the notice of proposed capital classification, holds core capital equaling or exceeding the critical capital level. (4) (5) (i) Undercapitalized if the Enterprise is otherwise classified as adequately capitalized; (ii) Significantly undercapitalized if the Enterprise is otherwise classified as undercapitalized; or (iii) Critically undercapitalized if the Enterprise is otherwise classified as significantly undercapitalized. (b) (2) If the action, inaction, or condition upon which a reclassification was based under paragraph (a)(5) or (c)(5) of this section has not ceased or been eliminated and remedied to OFHEO's satisfaction within such reasonable time as is determined by OFHEO to be appropriate, OFHEO may consider such failure to be the basis for additional reclassification

official document · source cfr-2024 · id 12:§ 1777.20