Lending limits and capital requirements.

CFR · 2024-01-01 · US · Title 12

(a) (i) All acceptances outstanding in excess of 200 percent of its tier 1 capital; and (ii) All acceptances outstanding for any one person in excess of 10 percent of its tier 1 capital. (2) (i) Fully covered by primary obligations to reimburse it that are guaranteed by banks or bankers; or (ii) Covered by participation agreements from other banks, as described in 12 CFR 250.165. (b) (i) Acceptances outstanding that are not of the types described in section 13(7) of the FRA (12 U.S.C. 372); (ii) Any liability of the lender to advance funds to or on behalf of a person pursuant to a guarantee, standby letter of credit, or similar agreements; (iii) Investments in the securities of another organization other than a subsidiary; and (iv) Any underwriting commitments to an issuer of securities, where no binding commitments have been secured from subunderwriters or other purchasers. (2) (i) The total loans and extensions of credit outstanding to any person by an Edge corporation engaged in banking, and its direct or indirect subsidiaries, may not exceed 15 percent of the Edge corporation's tier 1 capital; (ii) The total loans and extensions of credit to any person by a foreign bank or Edge corporation subsidiary of a member bank, and by majority-owned subsidiaries of a foreign bank or Edge corporation, when combined with the total loans and extensions of credit to (3) (i) Deposits with banks and federal funds sold; (ii) Bills or drafts drawn in good faith against actual goods and on

official document · source cfr-2024 · id 12:§ 211.12